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Lionel van der Walt and Joe Lynch discuss revolutionizing freight forwarding using tech, which is exactly what Raft.ai About Raft Raft is the intelligent logistics platform that’s rewriting the technology playbook for freight forwarders and customs brokers in the automation era.
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.
Freight Forwarding Basics with Miles Varghese. Miles Varghese and Joe Lynch review and discuss freight forwarding basics. A freight forwarder is an agent in the supply chain whose objective is to organize a shipment, acting as the intermediary between the exporter or importer and transportation companies. About Miles Varghese.
Bill has experience working on the carrier, shipper, and broker side, as well as in 3PL and freight software, giving him 360-degrees of visibility of the marketplace. Transflo links the entire supply chain together in one digital ecosystem, creating visibility, security, and customization for every freight professional.
Well, ocean freight makes that possible. That’s ocean freight in action. When you’re working with ocean freight, you’ve basically got two main ways to ship your goods. From a supply chain perspective, the documentation side can be arduos. Think about it this way – that coffee you’re drinking?
Every logistics professional dreads that moment the call about a missing shipment, the carrier who suddenly can't be reached, or the suspicious documentation that raises red flags. Freight fraud has evolved far beyond simple cargo theft into a complex web of scams that keep operations managers up at night.
How Importers Maximize Duty Refunds with DGLs Fully Documented Drawback Reports Duties are a major cost for importers, but many businesses dont realize they can reclaim a portion of those fees through the duty drawback program. By partnering with DGL, importers gain more than just a freight forwarder.
Today’s organizations are not limiting themselves to clearance and transportation activities but also handle transportation, customs clearance, freight, warehousing, last-mile delivery, and more. Even in the digital world, this industry still demands several printed documents for transfer between countries.
Keith is the Director of Operations at The National Motor Freight Traffic Association (NMFTA) , a nonprofit membership organization that represents the interests of less-than-truckload (LTL) carriers. Currently serving as the Director of Operations for The National Motor Freight Traffic Association, Inc. all asset-based carriers.
wholesale, logistic business and people concept – manual worker and businessman with clipboards at warehouse explain a bill of lading document. The bill of lading (BoL) is an important document in the shipping industry to better understand its meaning and implications for operations. When You Should Use Them.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Transforming the future of freight, Loadsmart leverages artificial intelligence, machine learning and strategic partnerships to automate how freight is priced, booked and shipped. Documentation and billing.
While you don’t want to forget any of those documents (no matter how numerous or tedious they may be), there’s one you definitely want to become familiar with: the bill of lading. A bill of lading is one of the most common – and important – documents in the shipping and logistics industry. Why are Bills of Lading important?
BasicBlock has quickly become a leader in freight factoring, and its tools provide streamlined, efficient and cost-effective financial services for fleets and carriers worldwide. BasicBlock is a freight factoring team with a big mission: Getting Money in Your Pocket Faster. Learn More About The BasicBlock Story.
Stores and organizes all documents in a centralized digital library—not siloed email systems. Provides instant document access to solve customs problems and speed audits. Documentation (when the shipper is ready to import). Freight Forwarding Basics with Miles Varghese. The Zeus platform: 1. Name and address of Seller.
You didnt expect freight to take this much time. Thats when most businesses realize the value of a freight broker. But heres the hard truth: not all freight broker services are created equal. What Is a Freight Broker, Really? Why Use a Freight Broker? Anyone can say theyre a great freight broker.
Autonomous Vehicles: Autonomous ground vehicles, such as self-driving trucks, address long-haul and heavy freight logistics. This limitation confines drones to specific, smaller deliveries, whereas autonomous vehicles are suited to freight. This approach also aligns drone usage with regulatory and logistical constraints in urban areas.
Corey spent over a decade at STG Logistics, the nation’s leader in containerized freight, and XPO Logistics, where he built operational, financial, and back-office solutions to help companies and users across the globe.
Unlike FTL, where one shipper books an entire truck for their load, LTL requires additional care to be put into accurate labeling, documentation, and packaging to ensure that goods are not lost or damaged. Our all-encompassing freight shipping guide goes into much more detail about it. Ready to ship? Happy shipping!
In shipping, documentation, freight insurance, terminal problems, and trucking shortages are just a few of the problems we face today. But the biggest issue to address in the documentation category is the bill of lading (BL). There are two standard types of BLs, an express and original.
Our expertise in technology modernization helps clients resolve critical operational challenges such as effective management of peak loads and seamless anytime, anywhere access to distributed freight data. Freight quotations. Document management including proof of delivery, bill of lading, accessorial, etc. Emtec LinkedIn.
Andy Bahr is the Founder and President of Bahr Transportation , a FTL brokerage focused primarily on serving the food & beverage industry, in refrigerated freight. Andy Bahr is the Founder and CEO of Bahr Transportation , a freight brokerage that specializes in refrigerated truckload shipments (reefers). Documentation.
Curtis documents and shares challenges, progress, and goals in a collaborative and community driven way. Curtis has spent 16 years in the LTL industry – 8 of those with Old Dominion Freight Line, and the last 8 with Reconex, FreightPlus, and Understand LTL – which he recently launched as an LTL focused education firm.
KlearNow’s customs clearance and drayage marketplaces on its AI-powered platform ease supply chain bottlenecks by digitizing paper-based transactions and enabling customs brokers and transporters to deliver superior real-time visibility needs of importers, exporters, and freight forwarders. Key Takeaways: The KlearNow Story.
Prior to joining Echo, Waggoner founded SelecTrans, LLC, a freight management software provider based in Chicago, Illinois. Echo’s innovations also support freight carriers by providing more flexibility, transparency, and control. Waggoner served as Chairman of the Board from 2015 until 2021. Echo Global Logistics , Inc.
Will freight brokerage pricing evolve toward a discounted, transparent fee model like stock brokerage pricing? Could the Discount Pricing Model Work in Freight Brokerage? The stock brokerage business and the freight brokerage business are clearly different, but they also have enough characteristics in common, that we can compare them.
Let’s start with some definitions of what a freight forwarder is. A freight forwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads.
managing freight and drayage trucking operations for enterprise clients like Amazon, Samsung, and Apple. They can also access additional empty equipment or offer up their surplus equipment in a documented and secure place, the empty container marketplace. This saves them a lot of time and money running their operations.
About AscendTMS AscendTMS is a transportation management system (TMS) used by freight brokers, 3PLs, trucking companies, and shippers to manage their entire business operations. It has a user-friendly interface and a comprehensive documentation library.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. This is why it’s important to map out your entire freight operation. What is Supply Chain Efficiency?
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Issuing bill of lading and other documentation for all cargo loaded. Ensure safe loading and discharging of the cargo.
It was said that cross-border freight estimated at $131 billion was moved by all modes of transportation according to the U.S. Even Covid barely, if at all, hindered the freight traffic trade with Canada and Mexico based off border crossings and closures. Key impacts for Supply Chain and Freight Forwarders in the U.S.
By entrusting the complexities of freight shipping to third-party logistics services, you can significantly alleviate stress and focus on your core business activities. Freight forwarding, a critical aspect of supply chain management, is all about transporting and delivering your shipments.
And the freight routing guide is the best place to begin. Compliance with routing guides can reduce costs like processing damaged products and saves time when the operations staff doesn’t have to figure out a shipment with missing documents.” These may also require electronic documentation, also known as eBOL and ePOD.
Air freight forwarding emerges as a key player in this scenario, offering speed and reliability that can significantly impact business operations. However, it’s important to choose the right service provider, as not all freight forwarders are created equal.
Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. That is why industry leaders like J.P.
In most cases, air freight is the most expensive shipping method. Shipping cargo via air freight can be the best option if speed to market is your highest priority. No matter why you choose to ship by air, there are several critical considerations before committing to air freight shipments. Volume Weight vs. Actual Weight.
It might appear to be simple to ship cargo to foreign countries without a freight forwarder however you may run into major problems. Missing documentation or breaking rules can lead to penalties, transportation delays, or confiscated goods. Freight forwarders are familiar with these rules and may assist you avoid costly mistakes.
Understanding the fees involved in importing cargo via ocean freight is crucial for importers to ensure fair and transparent transactions. Appropriate Fees in Ocean Freight Shipping: a) Ocean Freight Charges: The total cost of transporting goods via the ocean.
AI in Logistics: Optimizing Routing, Freight, and Carrier Coordination Among the most data-rich areas of the supply chain, logistics operations stand to gain significantly from AI in supply chain automation. AI systems help logistics teams manage fleet routing, freight planning, and vendor performance with greater precision.
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.
We understand the complexities and frustrations involved in freight forwarding. Importing freight to the US comes with challenges, ranging from outdated technology to inefficient communication. Problem: Lengthy Email Threads: Communication is critical in freight forwarding, but long email threads can bury essential information.
The sensors enable drivers and carriers to document the temperature from pick-up to delivery. This information would be very useful when investigating freight claims, preventing theft, and ensuring the doors are closed on temperature-controlled shipments. Temperature sensors inside the trailer of temperature-controlled shipments.
For those who are seeking how to be a successful freight broker, they should first look at how they can make themselves stand out. Differentiation for freight brokers is often difficult to achieve. And then there are the different freight broker business models. 3 Tips on How to Be a Successful Freight Broker.
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