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MODE Transportation announces planned agreement to acquire SunteckTTS

Logistics Management

Earlier this week, Dallas-based MODE Transportation, a non-asset 3PL offering truckload, less-than-truckload, intermodal, ocean, rail, air, and managed transportation services, said it has entered into a definitive merger agreement to acquire Stanford, Conn-based SunteckTTS, a multimodal transportation solutions provider.

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MODE Transportation’s acquisition of SunteckTTS is now official

Logistics Management

Following the November announcement that Dallas-based MODE Transportation, a non-asset 3PL offering truckload, less-than-truckload, intermodal, ocean, rail, air, and managed transportation services, said it entered into a definitive merger agreement to acquire Jacksonville, Fla.-based

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Is there a connection between Incoterms® and the shipping line.??

Shipping and Freight Resource

Let’s analyse the questions starting with the definition of Incoterms®. First published in 1936, Incoterms® rules provide internationally accepted definitions and rules of interpretation for most common commercial terms. Commercial information includes details about the Incoterms®.

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What is Drayage

ShipLilly

For example, it is responsible for providing the right connections so that multimodal freight chains function properly. Definition of Multimodal Transport. Multimodal transport involves more than a single form of transportation. Using multimodal transport facilitates global supply chains.

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Multimodal Impact on Sustainability

Logistics Business Magazine

More so if the opted shipment network is multimodal. Multimodal transit, by definition, involves optimized usage of every possible mode of transportation to reduce overall shipping costs and also ensure a large quantity of product movement.

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Intelligent Automation, the Future of Supply Chain. Is the Logistics Industry Ready?

Blue Grace Logistics

Definitely not. This can improve multimodal transportation planning and also keep the customers updated with a more accurate expected time of delivery. Enhanced Visibility: A system empowered with smart technology like GPS and RFID can enable users to track shipments from pick up till the final delivery location.

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What to expect for Incoterms 2020

Now, That's Logistics

Plus, it can be applied to all modes of transportation, which makes it perfect for multimodal transport. But this could soon change and we may see the FCA Incoterm unfolding into two: one for land transportation and another for sea. One of the main advantages FCA offers is its flexibility with delivery location.