What are they? Shipping Documents encompass a diverse set of paperwork and records that accompany goods during the transportation process, providing a comprehensive trail of information from the point of origin to the final destination. These documents facilitate and regulate the movement of goods across borders, ensuring compliance with regulations and serving as crucial proof…
What is it? A Packing List stands as a meticulously detailed document outlining the granular specifics of a shipment’s contents. It itemizes each product or item being transported, encompassing quantities, dimensions, weights, packaging information, and any essential handling instructions. This document serves as a fundamental component of the shipping process, providing a comprehensive snapshot of…
What is it? A chassis, in the context of transportation and logistics, refers to the framework or structural undercarriage of a vehicle, typically excluding the body and cabin. It serves as the foundation to which various components, such as the engine, transmission, wheels, and cargo containers, are attached. How it helps? Structural Integrity: The chassis…
What is it? Last Mile Delivery refers to the final stage of the supply chain, where goods are transported from a distribution hub or fulfillment center to the end destination, often a residential or business address. This crucial phase represents the last leg of the logistics journey, completing the process of getting products into the…
What is it? Carrier Capacity is a fundamental concept in the realm of logistics and transportation, defining the maximum volume of goods or cargo that a transportation carrier can handle within a specified period. It encompasses the capabilities of various carriers, including shipping companies, trucking firms, railways, and airlines, to efficiently transport goods from one…
Definition: Freight insurance, also known as cargo insurance, is a specialized type of insurance coverage that provides protection for goods and commodities during transit, whether by road, rail, sea, or air. It safeguards against potential financial losses resulting from various risks, including damage, theft, loss, or destruction of the cargo. Freight insurance is an essential…
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…