This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 freightforwarders in order for a shipment to clear U.S.
Join Leading Enterprise Shippers See why global companies trust Freightos Enterprise Request Your Demo Jude Abraham Jude Abraham is Freightos’ Content Marketing Lead, a seasoned high-tech storyteller and marketing strategist who has created award-winning content for global brands.
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 freightforwarders, ocean carriers, and NVOCCs (Non-Vessel Operating Common Carriers).
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 freightforwarder, is it still my shipment or is it under a different contract?”
Join Leading Enterprise Shippers See why global companies trust Freightos Enterprise Request Your Demo Jude Abraham Jude Abraham is Freightos’ Content Marketing Lead, a seasoned high-tech storyteller and marketing strategist who has created award-winning content for global brands.
Blockchain is a distributed database that contains records of events in continuity which can be assessed and inspected by users. How will blockchain impact freightforwarding? Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. 20cube.com.
To further compound the issue, some costs are incurred only in the event of problems arising at the ports of loading or discharge and are impossible to foresee when booking a shipment. Documentation fees. A Multitude of Cost Components. Export fees. Challenge #4: In-house Expertise Difficult to Acquire.
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. The launch of new divisions like MTS Customs Brokerage and My MTS are exciting for the future and we look forward to continuing to grow in the years ahead.”
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.
2022, a major multi-billion-dollar public freightforwarding company was hacked and forced to shut down for eight days with no access to data. We have robust protections for our clients’ most sensitive communications, documentation, and financial information. . The attack cost the company billions. .
Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. In either case, the Bill of Lading signifies the delivery of freight. This document is legally binding once it has been signed.
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.
The name change to Raft emphasises its evolution to a comprehensive operational platform for freightforwarders. Since 2017, when launched as Vector.ai, the company has delivered industry-leading AI to automate document and email processing for freightforwarders. in net workforce productivity every year.
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.
Operational Updates To mitigate potential disruptions, freightforwarders, 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.
Yes, even if cargo makes it to the port, it could still get rolled due to port closure, if the shipment lacks the right documentation, or the port has a high volume of activity. Ocean Insights provides means of connecting logistics managers and freightforwarders with the current and predicted position of their cargoes.
Considering we have had spreadsheets, PDF documents, and other electronic representations of the supply chain for years, what makes a “digitized” supply chain different? Another area where automation adds significant value is in global trade documentation. How can you reduce freightforwarder and brokerage fees, for example?
Users want to be informed proactively and as early as possible if there are discrepancies in their documentation. Push notifications inform users about rejected eDGDs (electronic dangerous goods declarations), for example, and other current events. We can meet this requirement perfectly with the INFr8 mobile solution.”
The data proves it too: Since 2012, global supply chain management disruptions from extreme weather events have risen 29%, according to the Zurich Insurance Group and the Business Continuity Institute. Few have taken steps to mitigate the impact of natural disasters and extreme weather events on their global supply chain management.
This will be further augmented by connecting container numbers to business documents (e.g., SAP documents, Bill of Lading numbers), the addition of Multimodal Transport Stages, map-based data visualisation and port congestion information. myleo / dsc is a unique cloud platform for site and transport logistics.
Say “freightforwarder” and the first thing that might come to mind would be “forward-thinking,” a market run by visionary leaders who can use predictive analytics to forecast and deliver on new shipper demands. The freightforwarding business is still all about personal relationships and building trust,” he adds.
Digital Transport Documents is Transporeon ‘s solution that provides advanced digital signatures at scale. Crucially, the launch of Digital Transport Documents anticipates 2026 EU regulation, which will make electronic consignment notes (eCMR) mandatory for all road transportation of goods. Watch this space!”
In this essay, we’ll explore Maersk’s shift, the unique asset-heavy carrier advantages that encouraged this decision, and individual products developed over the past four years to realize the vision, across their core ocean services, freightforwarding, and value added services. Forwarding parity with value-added services.
It’s worth remembering that despite tragic events we’re seeing in the headlines, overall these were the most peaceful 75 years in history. We helped thousands of freightforwarders automate quoting and thousands of importers and exporters to receive quotes and book online. But it doesn’t always work. And to our customers….
Visitors to the 73 exhibition booths had various ways to interact with the exhibitors, and the most popular documents had 200 downloads, whereas the most popular exhibitor video was watched 220 times. Running in tandem with the conference was the online exhibition, which drew 4,500 visits.
Document the restrictions for all destinations and origins, and review this list before scheduling a shipment pick-up or drop-off. Consider Event-Specific Labeling Guidelines. Certain events, like trade shows and fairs, may have specific labeling guidelines and requirements for all incoming freight.
In combination with sensitive sensor technology, a comprehensive temperature detection system provides seamless monitoring and documentation of the whole supply chain. From 9 to 11 October 2023, the event will bring together many international pharmaceutical companies, freightforwarders and airlines at Vienna Airport.
2022, a major multi-billion-dollar public freightforwarding company was hacked and forced to shut down for eight days with no access to data. We have robust protections for our clients’ most sensitive communications, documentation, and financial information. Their customers’ were in limbo, unable to access their cargo status.
Embargo – An event that prevents freight from being accepted or handled. FreightForwarder – An organization that combines less-than-truckload (LTL) shipments into truckload shipments. Fuel Surcharge (FSC) – The price of fuel can substantially change the cost of moving freight. i.e.: floods, tornadoes, etc.
The final vehicles arrived in Riyadh on 20th November, just days before the event. Our team worked very hard to carry this project off successfully,” said Martin Button, head of Cosdel International Transportation.“Credit Credit is rightly due to General Manager Sara Rider and our export coordinator Raleigh Gutierrez.
Because in the event of a claim, inappropriate use of the clause can jeopardize the insurance coverage. Unlike the Bill of Lading , the Air Waybill is not a security, but a pure transport document. If the shipper sends the freight with a consolidated shipment, his partial shipment receives a House- Air Waybill (HAWB).
These will supply the national network of pharmacies, health establishments, institutions and anticipate needs in the event of a new wave of the epidemic.
Agility is the first freightforwarder to collaborate on a Maersk-IBM solution to provide more efficient and secure methods for conducting global trade by using blockchain technology to manage and track container shipments. Documentation and administration are estimated to be one-fifth of the $1.8
You also gain the benefit of providing a touch-less experience for your customers, as reading and signing documents can be done on each respective device used. No longer will important documents get lost in the shuffle; you can streamline your customer’s experience by removing the obstacles that can come with other POD methods.
Freightforwarding companies face the big challenge of keeping the consequences as minimal as possible. When dealing with a crisis – whether it is caused by a pandemic, a natural disaster , or political events – we believe that, in addition to communication, three factors are crucial.
Freightforwarding companies face the big challenge of keeping the consequences as minimal as possible. When dealing with a crisis – whether it is caused by a pandemic, a natural disaster, or political events – we believe that, in addition to communication, three factors are crucial.
They’re licensed to be an ocean freightforwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. See the 2018 State of Online Freight Sales. Self-service support and document management. The freightforwarding industry must catch up and close the gap.
“End-to-end, real-time transportation visibility is a key priority for all companies, big and small, and I’m excited to hear from so many industry leaders and to engage with supply chain peers at this unique event.”.
Parcel delivery specialist ParcelHero says today’s UK Government Technical Notices’ advising what steps organisations and individuals should take in the event of a no-deal Brexit take are as reassuring as the 1980 Protect and Survive booklet, outlining how to survive a nuclear attack by sheltering under a table.
Abatement: A type of discount granted to a shipper by a freightforwarder or carrier, typically in response to an overcharge or damage to the shippers cargo. Air Express: An expedited air freight service, typically allowing for shipment to be completed within 24 hours.
Users want to be informed proactively and as early as possible if there are discrepancies in their documentation. Push notifications inform users about rejected eDGDs (electronic dangerous goods declarations), for example, and other current events. We can meet this requirement perfectly with the INFr8 mobile solution.”
The exhibition virtual marketplace enables visitors to source products online, request quotations, meet exhibitors on video calls and chats, network, download documents and watch the conference. The next event will be held on 20-24th September, and features a conference and over 60 exhibitors.
Oman has adopted IATA’s electronic air waybill (e-AWB) standard, replacing the paper document which is the contract of carriage for international airfreight shipments.
At the event, Oman Air Cargo became e-AWB compliant by signing the IATA Resolution 672, Attachment D agreement.
Compliance to U.S.
The events covered could also be restricted from the outset. Understanding and documenting the value of your cargo is the first step in ensuring that you get the best out of the cargo insurance package. Having proper documentation is very important when assessing losses and damages. All Risk Coverage.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content