Incoterms: an importers guide
The Incoterms or International Commercial Terms are a series of trading terms and conditions designed to assist companies when goods are sold and transported. When both a buyer and seller agree to an Incoterm, it then allows both the buyer and seller to identify clearly where lies the responsibility of each party.
Freight update July 2021: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. This year, there has been a global capacity crunch with prices rising and ongoing container shortages persisting. These monthly updates will share some of the latest freight forwarding news, so we can keep you abreast of the situation.
5 factors impacting your freight costs right now
One of the biggest impacts of this “pandemic year” has been fluctuation (and frustration) in transportation pricing. With freight representing up to 50% of your logistics cost and 10-20% of your retail price, your transportation expenditures are a big part of your bottom line.
5 benefits (and 4 disadvantages) of self-driving vehicles
In part 1 of this article, we wrote about autonomous vehicles being tested currently and how self-driving trucks could be used in shipping today. In this second part, we’ll discuss the upsides and downsides to autonomous vehicle technology.
How autonomous vehicles are used in shipping & logistics
We’ve written about shipping innovations before, but this week we dive into the emerging world of autonomous vehicles.
9 ways to plan for extreme weather events
‘Tis the season: hurricanes, polar vortices, blizzards. Extreme weather events can shut supply chains down, leading to delays, shut-downs, and other impacts.
Logistics tech: supply chain software
More and more links of the supply chain are relying on software based solutions for management, tracking, communication, and automation. Logistics companies use these types of systems to give their customers more visibility—helping to streamline operations all the way down the chain.
Best practices: consolidation and cross-docking
Consolidation and cross-docking can help increase efficiencies and lower costs for shippers.
What are blank sailings?
It’s a term we’re hearing more this year than ever before with unpredictable shipping patterns of international trade.
Single Window Initiative (SWI): Survival Guide for Pesticides
The new SWI landscape The Single Window Initiative means several changes for importers:
