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See full article here. For the last couple of decades transportation management systems have revolutionized supply chains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. By Walt Heil for Talking Logistics.
Beneficial Cargo Owner: In international freight shipping, a beneficial cargo owner (BCO) is a party, or company, that takes full control of its inbound shipments on arrival at the destination port, without engaging a third-party such as a freight forwarder or 3PL to handle receipt and onward transportation of the goods. See Forecast Demand.
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