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With five decades of experience, DGL stands out from other freightforwarders by offering advanced consultingand contingency planning that anticipates disruptions before they occur. This data allows supply chain managers to make quick, informed decisions in the event of a disruption, avoiding potential bottlenecks.
I used to work with freightforwarders, ocean carriers, and NVOCCs (Non-Vessel Operating Common Carriers). Competitive Rates One of my responsibilities was collecting rates from the market including ocean carriers, freightforwarders, and NVOCCs. I used to prepare most of the documents except for bills of lading.
So when it’s time to start importing your goods, why add to that workload by trying to figure out the logistics of shipping freight? Simplify your life and streamline the shipping process by hiring the right freightforwarder. If you’ve got the right freightforwarder, they are a ready-to-go logistics department.
Some examples of incidents that may cause loss of cargo include: Fire. Shippers have a lot on the line in the event of cargo loss. Our insurance options include all-risk and specialty coverage for various risks events, including: Weather-related incidents. Mechanical engine failure. Ship running aground. Piracy/ransom.
The costs of shipping a container-load of freight have never been higher, and right now, the control of pricing is firmly in the hands of the liner companies. 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.
Billions of dollars’ worth of cargo is damaged or stolen every year, and insurance will mitigate your loss in the event of an incident. In the event that a ship suffers a major catastrophe, such as a fire, there is the principal of maritime law known as General Average. Essentially, everyone shares the loss. per $100 value.
The market segment includes mainly freightforwarders, shipping lines, exporters, importers and customs brokers; each one of them making use of different services, as their roles in the global supply chain are different. . For example eBL events, such as notifications, title transfer, amendment and surrender.
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.
Plus, extreme weather events and changing storm patterns challenge seafaring vessels. A storm, for example, could slow the vessel down and increase transit time from one port to another. Apart from the environmental consequences of sea and air pollution, they also affect global trade. from originally 3.5% as of January 1, 2020 [3].
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. I’ll add that some of the forwarders are at fault, too,” she says. “A to Singapore and on to India. “It
20Cube, for example, uses digital freightforwarding technology to provide insights into inventory management and distribution tracking. With a 3PL provider, you don’t have to dedicate employees to managing your warehouse , distribution, or freightforwarding. Improved Supply Chain Efficiency. Cost Savings.
In the example, the lanes 1 and 2 would be 100% awarded to "Carrier B." In our simple example, this step could have been done manually. However, the example clearly shows that the calculation of an allocation scenario without considering capacities may lead to impractical results.
Push notifications inform users about rejected eDGDs (electronic dangerous goods declarations), for example, and other current events. The platform can thus be seen as a key element in the IATA (International Air Transport Association) initiative for completely paperless freight transport.
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.
But no matter the cause, carrier rates plummeting or internet-savvy shippers, declining freight rates spells gloom for forwarders. It’s not just freight rates. And that creates a vicious circle for Forwarders. Take for example, freight tracking technology. Increasing Visibility. Get Smarter.
Ty cites an example of an alert that a container ship is two hours from port. How can you reduce freightforwarder and brokerage fees, for example? How can you mitigate risk when unexpected events occur? But how, specifically, will digitization drive real benefits? How can you leverage free trade agreements?
Since the historic referendum in June 2016 Brexit has been a seismic event, reshaping the landscape of the UK’s logistics and transport sector. Currently, the majority of transport companies offer shippers varying levels of visibility, for example, tracking and monitoring messages through existing technology infrastructure.
Geopolitical tensions, equipment shortages, and global events like the Red Sea crisis contribute to the disruption. Despite this, regular ocean freight service allocations have not changed, even with increased demand from Manila, Vietnam, and Thailand. Recent data indicates a significant uptick in freight volumes from these regions.
Salient examples include uShip parterning with DB Schenker in Europe and Kuehne+Nagel’s ongoing automation efforts. “…the industry is likely to see more tie-ups between freight marketplace technology companies and 3PLs.” ” Global FreightForwarding 2016, Transport Intelligence.
Some examples of incidents that may cause loss of cargo include: Fire Mechanical engine failure Ship running aground Piracy/ransom Caught in a storm and the search for safe harbor Shippers have a lot on the line in the event of cargo loss.
Jensen also pointed out, though, that with capacity being used for diversions, there is little slack available should any additional disruption arise, and such an event really could cause a crisis. Progress in ocean digitalization Discussion of the role of technology in ocean freight was more prominent at TPM than ever.
Ahead of the WOF SUMMIT , which takes place in Vienna on 4 th -5 th May, we caught up with Chief Commercial Officer of the WOF Group Christoph Grasl and asked him about this inaugural event. Christoph Grasl has more than 25 years of experience in freight and logistics.
Reefer Controlled Atmosphere: This type of container contains special internal equipment that allows a certain atmospheric pressure to be maintained in order to control, for example, the ripening processes of some fruits. For example, can the carrier ensure the product remain in optimal temperatures during vessel delays or broken equipment?
And as climate change triggers an increased number of extreme weather events, organisations today rely on weather condition data to ensure their supply chains continue to run smoothly. Without the capacity to then quickly reroute vessels to reduce delays in trade routes, these events become increasingly difficult to overcome.
Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago. Sometimes very successfully.
Most freightforwarders will use this service and may require it as a precondition when packing and securing cargo. Land cargo insurance risks and events that occur on land. For example, shippers that knowingly and with foresight ship time-sensitive loads to ports that are congested.
Zulily’s business model revolves around product “events,” a fancy word for sales, perhaps 100 of them a day, that offer special prices and that typically last 72 hours. In any case, Zulily owns the freight processes involved in getting products to end users. Complex Logistics Scenarios.
By sharing ownership of safe driving, safety managers can save time on event review and coaching—drivers also have more control over their own safety experience on the road. Safety managers can now control how many in-cab alerts are triggered to help the driver self-correct before uploading the safety event into the Samsara dashboard.
And, as if choreographed, speakers from startups, carriers, and forwarders brought up example after another of where the forces of change are finally breaking through. Disruption in supply chain and freightforwarding creates uncertainty when dealing with companies inventories. The recurring answer?
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. Kuehne+Nagel was one of the first big freightforwarders to have price quotes and self-service directly on their homepage. They’re coming. Download Now.
Most 3PLs, which are among the largest arbiters of digitalization, were originally trucking, warehouse or freight brokers, freightforwarders (see digital forwarders) and other industry providers. SMC3, for example, provided pricing for trucking, which almost seamlessly moved into the digital space.
The final vehicles arrived in Riyadh on 20th November, just days before the event. The entire project required 250 containers with the first cars beginning to sail on 10th September and continuing for the next several weeks. All containers discharged in Jeddah, Saudi Arabia before being trucked to Riyadh.
For starters, even if your freight is not lost at sea, you’re still likely to experience significant delays. For example, a recent maritime accident in December 2020 resulted in freight being held in Japan. Here’s what you need to know. Have a backup plan to deal with delays. Consider purchasing maritime insurance.
The logistics industry and in particular those responsible for air and ocean freight have traditionally struggled with the issue of transparency. ” “Traditionally, freightforwarding companies have used electronic data interchange (EDI) to get information from supply chain systems.
The latest example is Walmart “raising its delivery goal posts for suppliers, asking them to deliver more goods on time,” as reported by Jennifer Smith and Sarah Nassauer in the Wall Street Journal. Walmart ‘Tightens the Vice’ on On-Time In-Full (OTIF) Requirements. threshold for food consumables.
This technology involves using data to make decisions based on anticipating events, avoiding risks, and creating solutions. An example is how freightforwarders use AI to predict shipment delays with operational variables, sales, and other factors. Production planning and factory scheduling.
Billions of dollars’ worth of cargo is damaged or stolen every year, and insurance will mitigate your loss in the event of an incident. In the event that a ship suffers a major catastrophe, such as a fire, there is the principal of maritime law known as General Average. Marine cargo insurance safeguards you from financial liability.
By looking at data through the lens of each ‘entity’ it relates to – the goods being shipped, the transportation vehicle, the ferry ports involved and so on – Entopy’s technology is able to uncover multidimensional insights in real time and capture events hidden in complex datasets.
For example, severe weather or a medical emergency on the part of the driver, such as a heart attack or stroke, would fall under this defense. However, any act under this defense that damages freight must be of extreme unanticipated force and unable to be avoided.
Business continuity management seeks to keep a supply chain working in the event of a problem. For example, customer demand for a product may suddenly rise. For example, the Disaster Recovery Journal indicates the main sources of business interruption. For example, faulty production equipment can lead to poor product quality.
The tech is using data to its full potential to better anticipate events, avoid risks and create solutions. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. A good example of supply chain robotics is the work of startup Fizyr. GET YOUR FREE WHITE PAPER.
Because the air freight agreement does not include the clause FAS, CFR, CIF, as these only refer exclusively to sea freight as a transport mode. Because in the event of a claim, inappropriate use of the clause can jeopardize the insurance coverage. Air Freight Security and Dangerous Goods. Air Waybill.
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….
As retailers and supply chain operators gear up for this busy period, concerns are mounting about the potential impact of external disruptions, ranging from economic instability to global events. Recent examples illustrate this trend.
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