The global supply chain trends are a result of the quickly developing logistics industry and keeping up with the current era’s rapid technological breakthroughs. Although it can be challenging for supply chain managers and business executives to keep up with these developments, doing so is essential to maintaining the resilience of your supply chain and…
The time between placing an order and when it is delivered is known as the “delivery lead time” in the supply chain. It is crucial for supply chain management and can be a useful metric for handling logistics and inventories. There are three supply chain scenarios where accurate delivery times are important. They first give…
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…
Amazon’s Fulfillment by Amazon (FBA) service allows third-party vendors to store their products in Amazon’s fulfillment centers while Amazon picks, sorts, packs, ships, keep track of, and handles returns and refunds. As an Amazon FBA seller, you are not responsible for the cost of packaging, handling, or shipping your products. You are assessed an FBA…
The global freight forwarding market was about 186 billion USD in 2021 and is predicted to rise at a CAGR of 3.3% until 2028. Supply chain technology breakthroughs are driving this market growth, and one such helpful technology is freight forwarding software. Every freight forwarder is aware of the inevitable digitization of the freight forwarding…
Being routinely informed about the progress of all your foreign shipments is essential to operating your supply chain effectively. In the event of any disturbances, having visibility on shipment containers will enable you to act quickly and wisely. Today, a number of internet applications for sea cargo tracking will allow you to track and trace…
According to the number of domestic TEUs and total tonnage they handled, we will examine the largest sea ports in the USA. This list of seaports in the U.S. ought to provide you with a clear picture of the facilities’ overall capability. The vast majority of global trade takes place above the waves of the…
In our series so far, we have covered “what are demurrage charges and how to avoid demurrage charges” besides talking about “new methods to reduce demurrage detention charges”. This article will discuss the number of free days available across all the major sea ports in USA that can be used to avoid paying hefty demurrage…
Your logistics expenditures include a sizeable amount of your shipping demurrage charges. To examine and optimize them, you need a tool. Real-time cargo monitoring gives you the necessary information about the whereabouts of your shipments at any moment, helping you to streamline your cargo and save demurrage costs. We already discussed what are demurrage expenses….
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…