Tag: Freight Management

Freight Management is a critical and under appreciated part of business.  Without freight movement our entire economy would stop within days.

How GST (Goods and Services Tax) Has Affected Logistics in India!

To Centralize or to Decentralize? That is the Organization Design Question!

Right after demonetization, another big thing that came to India was the implementation of GST (Goods and Services Tax).

The sudden rise of the goods and service tax, despite getting a negative impression from some, actually reformed the Indian economy in a much better way.

Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes.

From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way.

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Get the Best Freight Forwarder Rates!

What’s the Difference Between a Freight Forwarder and a Customs Broker?
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Many businesses today, such as those that specialize in importing and exporting goods, seek the help of a skilled freight forwarder in order to ensure a seamless and hassle-free transportation process and great freight forwarder rates.

The reason behind the popularity of freight forwarding services lies in the fact that most products, especially the imported ones, are prone to damages and late arrivals. On top of that, transporting goods can be a time-consuming process, with a list of requirements to be submitted to the customs authorities for legal purposes.

All of these issues can be solved by hiring a freight forwarder who can take over the duties of complying specific customs requirements, as well as tracking the condition of the goods in real-time.

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Lift Gate Trailers – What You Need to Know

Lift gate trailers look like any other enclosed trailer, but with one major difference. They have a gate at the back that can lower down from the trailer to the ground.

Since they add weight to the trailer, these are not commonly used unless the receiver requires them. Despite that, these are fairly common trailers that can be very beneficial under the right circumstances.

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Maritime Industry in Search of Blockchain Orchestrator!

What is Blockchain? And How Does it Work? (Infographic)

A current topic of focus in the maritime industry technology space is Blockchain and how it is going to transform commercial operations.

The Blockchain platform is a distributed ledger which records transactions between parties in a verifiable and, most importantly, permanent way by using a cryptographic hash.

When all major parties approve and implement a single blockchain system, then the entire commercial channel would be transformed into a super rapid, secure and totally digitalized environment.

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Road Freight Transport is a Growing Industry!

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! (Infographic)
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Road freight forwarding is the process of physically transporting cargo by road using different types of motor vehicles. Compared to other well-known freight forwarding methods, road freight transport is considerably less expensive.

But that’s not the only reason a small or medium-sized business might need road freight transport services. In this article, we’ll elaborate on the methods of road freight and talk about all the advantages of using it as the primary form of cargo transport.

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11 Things to Know About International Shipping!

The Importance of the International Shipping Industry!

As e-commerce has grown in popularity, so has international shipping. Since this new system allows you to buy goods from other countries, you must know all about international shipping, from what to expect when shipping from another country to avoiding fraud. 

Shipping overseas can be a lengthy process that necessitates knowledge of what you’re doing to avoid scams, as most of it is done over the internet.

So, here are the 10 things to know about international shipping:

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Why Good Logistics Must Be at the Heart of All Supply Chains!

What is Logistics Exactly?

Whether it’s a supply chain or a supply web, the logistics and transport your business has in place will determine whether your supply chain is a hindrance or a help. All businesses need to get supplies and raw materials in and ensure that their products are delivered as efficiently and effectively as possible.

This article details, in brief, some of the most pertinent considerations for a good logistics solution that will work for your business.

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Drop Shipping Teddy Bears!

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The company was new to the general merchandising business. As such the Category Managers were going wild with ideas on how to expand their product assortments and procuring new and interesting products to sell.

But unfortunately their zeal did not come with a thorough understanding of the Supply Chain implications of their decisions.

This all came to a head when they had placed orders for a large number of oversized items, including those giant stuffed teddy bears. You know the kind. The giant stuffed animals that are anywhere from 5 feet to 8 feet tall, like you find at Costco.

What followed was a disaster in terms of cost and customer satisfaction.

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Get the Biggest Bang for Your Freight Budget Dollar!

Do You Have Hidden Freight Costs?

Freight costs and freight budget adherence are among the most important and often overlooked aspects of transportation management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success.

The costs of logistics as a ratio of total expenses are too significant to ignore. For example, according to Global Trade Magazine, “One critical factor that executives should monitor closely is logistics management. This sector covers important activities relating to procurement, transport, and storage of goods. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” 

Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.

Freight management parties can rely on these tips to recognize and respond to transportation budget limits. 

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The Benefits of a Weighbridge for Your Business

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As businesses grow in this era of technology, they aim to enhance their efficiency and productivity. Technology makes businesses more efficient and productive in the best possible ways. The development of weighting technologies, such as a weighbridge, also contributes to improving the efficiency of businesses.

A weighbridge is a device that is used to measure the weight of loaded/unloaded trucks and vehicles. It is also used to manage the incoming and outgoing vehicles. The present-day weighbridges are so advanced that they provide data regarding stock levels.

Let us explore all the benefits of a weighbridge for a business.

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Retail Startup Tips When Choosing a Shipping Solution!

22 Tips for Offering Profitable Free Shipping! (Infographic)

After the eCommerce boom in 2020-21, the number of global digital shoppers is predicted to hit 2.05 billion U.S. dollars from 1.32 billion U.S. dollars in 2024. It’s a great time to capitalize on some of the trending ideas like the Amazon Prime Air service shipping solution that will deliver packages up to five pounds in 30 minutes or less using small AI-enabled drones for delightful delivery experiences. 

This is the time online retail businesses need to optimize and improve their supply chain and logistics processes. They need to bring in advanced routing capabilities, improve visibility of end-to-end logistics operations, boost productivity, etc. All of these aspects empower retailers to meet customer expectations and stay profitable.

When it comes to choosing a shipping solution, businesses need to be resourceful and smart.

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5 Actions to Improve the Workflow of Your Fleet!

5 Insights for Managing Your Fleet Strategy!

Many businesses rely on vehicle fleets to deliver their products or services to customers. For this reason, an efficient, well-organized fleet is key to maintaining a good workflow.

While there are many things businesses can do to improve the workflow of their vehicle fleets, one of the most important is to have a vehicle tracking system. A vehicle tracking system lets you know your fleet’s location in real time. You can also review historical data to identify patterns.

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4 Steps for Establishing Healthy 3PL Relationships!

What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

The key to establishing healthy 3PL relationships starts with quality of the information that is provided at the time the request for a proposal (RFP) is submitted.

If you ask any 3PL service provider you will find that the lack of quality information provided in RFPs is one of their greatest frustrations.

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Make Freight Sourcing More Efficient!

Do You Have Hidden Freight Costs?

The Freight sourcing team and procurement are critical components of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right.

In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements.

These are the must-haves for any effective freight sourcing team.

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The Importance of Value-Added Services in Logistics and SCM!

Do you have a Freight Management Strategy or are you Spinning your Wheels?

The goal of supply chains is to add value to the manufacturing and distribution processes. Supply chains can be differentiated based on characteristics such as price, time reliability, and risk, and value-added services provided depending on the markets and value chains they serve.

There have never been more product choices in the marketplace than there are now, thanks to globalization and technical developments in supply chain management. 

Furthermore, whether purchased in a store or plucked right from their doorstep, buyers want to receive their products immediately and in excellent condition. That indicates that having popular products isn’t enough to guarantee success.

Today, they must also arrive swiftly, effectively, and in perfect condition, or you risk losing customers.

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