What is Real-Time Visibility? Real-time visibility (RTV) is the ability to track and monitor the location and status of goods as they move through the supply chain. It provides businesses with a complete view of their inventory, from the raw material stage to the final customer. RTV is becoming increasingly important in today’s globalized economy,…
In recent years, vessel tracking software has become an essential tool for the maritime industry. With the growth of global trade and the increasing importance of timely and efficient delivery of goods, vessel tracking software has enabled shipping companies and port operators to track vessels in real-time, optimize operations, and improve the safety and security…
Fleet management software, traditionally exclusive to giant enterprises with vast fleets of vehicles, is now a rapidly expanding requirement among businesses of all sizes. Fleet managers can automate and streamline various fleet-related operations precisely and effectively using good fleet management software. A comprehensive fleet management system will allow you to monitor every part of your…
A wrong transportation management system can really hurt your company. If you don’t evaluate if the platform generates expected results, then it could be a huge waste of money and time — and that would not make anyone happy! The right transportation management system can make all the difference. If you’re managing freight spend, customer…
As a business, you should carefully evaluate and select the optimal mode of shipment for your needs. This decision will help determine if there are any potential savings or extra revenue opportunities by exploring different carriers with TMS software that can analyze costs based on specific criteria such as distance traveled versus price paid per…
Do you know the average detention charges can reach up to $50-$100 per container per day and accrue up to 20 times the container’s value? But what are these detention charges? When a ship is unloaded, free days are given to the consignee to unload the goods and return the container to the shipping company. If undertaking…
Top 10 busiest container ports in the United States
Transportation is a significant part of the entire supply chain, and every company strives to reduce its transportation costs to maximise the supply chain ROI. Transportation logistics costs are rising for several reasons today – top reasons including the geo-political tensions caused due to the Russia-Ukraine crisis and capacity shortage caused due to global port…
China accounts for about 12% of global trade, and the country’s stringent COVID lockdown in Shanghai, home of the busiest container port, and other major cities across the country have snarled up the global supply chains. While the full impact of China’s lockdowns is yet to be felt, the action has caused factories and warehouses to…