7 Strategies to Reduce Shipping Costs
Reducing shipping costs is always top of mind when your business relies on moving goods. Whether you’re shipping within one country, across the border, or across the ocean, here are Cole’s top strategies to reduce shipping costs.
Making Incoterms Work for You
What are Incoterms? Published by the International Chamber of Commerce and recognized by governments, legal authorities and companies worldwide, Incoterms (or “Incoterms rules” or International commercial terms) are three-letter codes that convey the tasks, costs, responsibilities and risks associated with the.
6 Ways to Prepare Your Business for the Chinese New Year
Chinese New Year, a major holiday for over a billion people, is just around the corner. And the impacts of the holiday will affect every international supply chain.
Anticipated Freight Rate Increase
Shipping rates change for all kinds of reasons – and fast. Sometimes, it’s almost instant, going up or down overnight, from one shipment to the next.
7 fun facts you didn't know about the shipping industry
Shipping is a global industry that has influenced our society since ancient times... but that most people give little thought to. It hardly seems fair to take it for granted, though, given the indispensable role it plays in our lives.
Incoterms 2020: A Primer
What are Incoterms? Published by the International Chamber of Commerce, Incoterms (short for International commercial terms) serve as standards for the uniform interpretation of common contract clauses in international trade.
A new standard in quality for the pharmaceutical supply chain
The global pharmaceutical market is booming, having grown an estimated 23 percent over the past four years to its current estimated US$10.28 billion value. Shipping and handling of pharmaceutical products is a specialized process that requires care and expertise to ensure product safety and efficacy.
IMO 2020 Rule
The IMO – the International Maritime Organization – is an agency of the United Nations that is responsible for the safety and security of shipping, and the prevention of marine pollution by ships. On January 1, 2020, the IMO is reducing the maximum allowable sulphur content of marine fuels (a.k.a. bunker fuel oil).
Fun with acronyms!
Most industries and workplaces – not to mention sports and pastimes – have their own jargon, which often includes a whole vocabulary of acronyms. The shipping and logistics industry is no exception. Even if you’re properly familiar with an industry, there are probably some that still give you pause – or seem downright.
