The changing schedules of millions of vessels make shipping more difficult for importers and exporters each year. For any stakeholder in the supply chain, managing all these vessel delays can be challenging and expensive. Having the most recent sailing schedule is maybe the most crucial edge you can provide yourself over other freight forwarders in…
Imagine the possibilities if you had a better way to manage your transportation and logistics. Imagine seeing how many shipments are out on an assignment and when they will arrive at their destination, probable delays, data insights for corrective measures and cost-saving opportunities for the future! With every detail of each shipment tightly controlled with…
What are Demurrage Charges? Shipping lines either own or lease containers, which they give to their clients (shippers or traders) for secure and timely delivery of their merchandise. Because the cost of operating the container during door-to-door transportation is added to the shipment, shipping lines must turn their containers around as quickly as feasible. As…
The ocean moves over 90% of the world’s goods, and most of these sea shipments move in containers. To accommodate the wide variety of goods, there are different types of shipping containers, each used to serve a specific purpose. These containers play an integral role in global trade and ensure that cargo makes it to…
From the time your shipment leaves your storage facility till the time it reaches the destination, it is prone to several risks that can often result in cargo damage or loss. For sea shipments, if the carrier was to sink or your goods were to get damaged carrier liability is not enough to cover the…
Investing in an intelligent freight management software is one of the best ways for shippers to streamline their supply chain operations, reduce freight costs and drive profitability. While adopting a freight logistics software may not have seemed like a necessity when these solutions were new in the market, today, these systems have become a key…
To tackle unanticipated disruptions head-on and build a resilient supply chain network, you must stay ahead of various advancements in the industry. Today, a spate of state-of-the-art technologies are setting new trends in the supply chain field, and their adoption is bound to accelerate in the years to come. Most of these technological innovations have…
With the complex and volatile global trade environment pushing rates higher and making capacity tighter, have put shippers and their freight procurement teams under tremendous pressure. They need to strike a balance between not skimping on quality when it comes to working with the right suppliers and freight forwarders—and squeezing as much value as possible…
Recent years have witnessed an increase in the adoption of digital solutions across several industries. The logistics and supply chain industry has been no exception. Especially in the field of freight procurement, it has been proven beyond doubt that the scope for improvement is vast. For any freight purchasing manager, the primary goal is to…