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Rethinking the Freight RFP Process. Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. It is why many companies are rethinking the freight RFP process.
Curtis is hosting the industry’s first live LTL Mastermind Event, November 9 th and 10 th in High Point, North Carolina. Curtis documents and shares challenges, progress, and goals in a collaborative and community driven way. The closure of Yellow Transportation is a significant event for the LTL industry. The Greenscreens.ai
On the other hand, you also need to know and understand the rules and regulations of exporting and importing, and crucially, you need the proper shipping documents. However, most documentation is still handled manually in some countries. Packing list is used by freight forwarders in order for a shipment to clear U.S.
Today, companies like TruckX are launching trucking specific IoT products like: Dash cameras that will videotape the outward-facing (driver’s view) and inward-facing (view of the driver) are useful in the event of an accident. The sensors enable drivers and carriers to document the temperature from pick-up to delivery.
However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container shortages and sky-high freight rates have spared no enterprise, regardless of its scale.
This was the year I was introduced to commercial documents, bills of lading, insurance, letter of credits, and a variety of other documents. I used to prepare most of the documents except for bills of lading. I used to work with freight forwarders, ocean carriers, and NVOCCs (Non-Vessel Operating Common Carriers).
As the world becomes hyperconnected , the demand for rapid response for concealed freight damage, general freight damage or missing items from shipments has changed. On April 18, 2015, the National Motor Freight Traffic Assocation® has amended the NMFC rules regarding the required time frames for reporting concealed freight damage.
Rev Up Your Engines: Preparing for DOT Blitz Week 2024 Search Search BlueGrace Logistics - May 2, 2024 DOT Blitz Week 2024, also known as the DOT Week, is an annual event organized by the Commercial Vehicle Safety Alliance (CVSA) that aims at promoting commercial vehicle safety through comprehensive roadside inspections.
Simon Evans, an executive at an IT consulting firm, has taken part in plenty of rowing and cycling sporting events. With support from TGAL’s Pacific Ocean transport services, Endurance Limits will use this world-record-breaking event to raise money for The Marine Conservation Society’s (MCS) Clean Seas program.
Blockchain Has Meaningful Impact on Finance as well as Freight Shipping: Heres the How and the Why What Even Is Blockchain? Transparency and Efficiency Freight shipping involves multiple parties at every step of the process. Each handling event from loading to customs clearance, warehousing, etc. Why Should You Care?
Robinson experts provided in-depth analysis of current supply and demand trends, our updated forecast, and the impact of global import volumes on North American freight transportation. Is the shortfall in drivers going to advance the push to self-driving, long-haul freight operations? webinar, C.H. How long does C.H. Are some U.S.
Major global container carriers MSC Mediterranean Shipping Company (MSC) and CMA CGM announced on the 15th of October 2020 that they are now integrated onto TradeLens ( www.tradelens.com ), helping ensure a more fully integrated, timely and consistent view of logistics data for their containerized freight around the world.
Editor’s Note: This is a guest blog from Lance Surety Bond , a provider of freight broker bonds, among many others. Cerasis holds a $250,000 freight broker bond, and all 3PLs who handle transportation management must have a freight broker bond in order to do business. Too many liabilities before applying.
FourKites , a global leader in real-time supply chain visibility, recently launched its Dynamic Ocean SM platform for visibility, rate, and documentation management. The platform also takes into consideration questions such as, “If I use a freight forwarder, is it still my shipment or is it under a different contract?”
Looking to Ship Ground Freight? When it comes to transporting cargo, ground freight is one of the most common and cost effective available ways to do it. Below, we explore five key steps that will make your freight shipping experience easy. You can learn more about properly packaging freight right here ! Lets Do it Right!
One of these terms, free or freight on board, also has irony within its name. If the responsible party does not accept liability , should damage or another event occur that could result in the filing of a claim. What Exactly Is Freight on Board? Who Pays the Freight Cost for FOB? Freight prepaid.
What is The Commercial Vehicle Safety Alliance International Roadcheck Event and Why is it Being Held? CVSA is holding an event to kick off the 28th annual International Roadcheck on June 2, 2015, near the Washington-Idaho state border at 10:00 am. Hours-of-Service Documentation. Learn more about the CVSA. Endorsements.
For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.
We first featured the most popular manufacturing blog posts followed by the top Supply Chain blog posts, then logistics, transportation, business, 3PL, and then finally we round out our series today featuring the most popular blog posts focused on freight and freight management. The 12 Most Popular Freight Blog Posts from 2014.
Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. Types of Transportation Contracts For the most part, freight contracts are designed to dictate the responsibilities between freight carriers, brokers, and shippers as well as shippers.
Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. Carrier selection: In times of market turbulence, freight rates can fluctuate dramatically.
Unforeseen events like canal blockages (Suez Canal) , the Francis Scott Key Bridge collapse , or possible rail strikes have most recently created delays for shippers. Customs clearance is often the most common cause of delays as the process can be intensive, and any improper documentation or misclassified products can cause a holdup.
And according to Brian Straight of FreightWaves , a routing guide is a living document that enables faster transportation management and keeps freight spend under control based on lane volatility, seen also within SONAR SCI Lane Acuity. What is a routing guide : a list of preferred carriers for tendering freight.
Dear Community, If you care about our company and/or the freight and logistics industry (which we really hope you do!), Our community of passionate freight and logistics leaders is the backbone of our company – and the reason why we are so excited about this news. then this is the email you’ve been waiting for. It’s better.
Winter is rough on freight for many reasons. However, while most people are worried about the tractor-trailer jackknifing in the middle of the highway, most people aren’t considering the condition of the freight itself. Winter weather conditions can damage even the hardiest of freight. Know Your Product.
TradeLens is a digital alliance among container shipping lines started by the teaming up of Maersk and IBM to offer customers digital freight solutions. The post Path for Tradelens Agreement seems clear appeared first on Shipping and Freight Resource.
Ensuring that all legal requirements are met and that the necessary documents and records are available on time. For this reason, companies are now tending to keep their stock levels to a minimum and instead build up reserve stocks that are sufficient to cover production needs in the event of a short-term disruption to transport chains.
Winter is rough on freight for many reasons. However, while most people are worried about the tractor-trailer jackknifing in the middle of the highway, most people aren’t considering the condition of the freight itself. Winter weather conditions can damage even the hardiest of freight. Know Your Product.
However, if they aren’t prepared, they could find themselves in a world of stress trying to find carriers to move their freight. Plan For Unexpected Events. Remember while planning for the holiday season that it’s an incredibly busy time filled with unforeseen events. – So, what can shippers do to prepare? Are You Ready?
Digitalization of documents, as well as blockchain-based solutions for many responsibilities and functions, is one of the main boosters of that disruption. The main concept behind these digital services is the possibility of managing all the necessary documents and data with multiple parties in one single platform. Digital Logistics.
While last year, for our 20th anniversary, our holiday event felt like the beginning of life after Covid, this year, everything felt back to normal just like before Covid. ” See All Event Photos Click Here to Visit MTS Logistics on Facebook to See All Event Photos. A great time was had by all.
That would enable the printing of manifests and proof-of-delivery documents by shipment, to be issued to the delivery crews the following day, and the picking documents for the warehouse. Meanwhile, in the case of commercial freight, customers might unload their goods much as they do in todays warehouse receiving operations.
Believe it or not, product in the care of a driver does not necessarily place all liability for freight in the hands of the carrier. Under federal transportation law, and the Carmack Amendments, carriers traditionally held liability for freight until delivery, with four specific exclusions, but individual contracts may make liability unclear.
Since the historic referendum in June 2016 Brexit has been a seismic event, reshaping the landscape of the UK’s logistics and transport sector. This approach fosters a more inclusive and efficient logistics ecosystem, benefiting all parties involved and reducing the effects of events like Brexit damaging their operations.
In the world of freight shipping and logistics, there are a lot of freight shipping terms and acronyms that get thrown around. Broker – A person who makes freight shipping arrangements on behalf of another person or company. Embargo – An event that prevents freight from being accepted or handled.
Within this article, we take a closer look at pricing beyond the standard IATA freight rates and shed some light on the various legal frameworks of this air freight. Formalities in Air Freight: From Air Waybill to Transport Insurance. Unlike the Bill of Lading , the Air Waybill is not a security, but a pure transport document.
The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.
Dealing with overage, short, and damaged freight ( OS&D) within the supply chain network is a vital part of management’s job. Keep Everything in Context, Such as Damage Caused by Weather or Unforeseen Events. Collect and Manage Digital Documents. Use Automated A nalytics to V alidate and A uthorize P ayment on Invoices.
What’s in the article: What DOT Week is The focus of the 2023 DOT Blitz What to expect and how to prepare for DOT Week Although beneficial, the event often results in temporary supply chain disruptions. This event, scheduled for May 16-18, 2023, is known to be the largest commercial motor vehicle enforcement program in the world.
In today’s competitive market, filled with customers’ scrutiny and expectation for quality products, more shippers need to understand what the Amendment does and does not cover, including how it impacts freight claims and third-party logistics providers. How Does the Carmack Amendment Impact Freight Claims? 3PLs Handle Bills of Lading.
The Pomona Swap Meet is actually seven swap meet events that take place throughout the year. That reduces your ability to predict all the possible costs and documentation. If you want to ship your vehicle faster, then you can think about air freight. What is the Pomona Swap Meet?
This significantly simplifies the complex process of moving freight globally. Nick Poels, leading the Transport Execution Tribe at Transporeon, added: “Transport Operations is a gamechanger for logistics teams, empowering them to move, manage and monitor multi-mode and multi-leg freight globally. Watch this space!”
Operational Updates To mitigate potential disruptions, freight forwarders, carriers, and other parties are actively exploring alternative options for cargo acceptance and routing by trade in case of a prolonged labor strike. In the event of a strike, cargo left on the terminal at the affected ports will not be accessible.
Before we answer that question, let’s take a closer look at the causes of cargo rollover, how it impacts ocean freight, and why forwarders and logistics managers need to realize what’s happening in regards to cargo rollover. The real cost and causes of cargo rollover. Cargo Not Yet Released.
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