In today’s interconnected global economy, establishing a resilient and diversified supply chain network has become imperative for businesses to navigate uncertainties and disruptions successfully. The COVID-19 pandemic has vividly illustrated the vulnerabilities and risks inherent in traditional supply chain models, necessitating a strategic shift toward resilience. A recent survey conducted by Gartner revealed that only…
In a fast-paced world where commerce knows no boundaries, the smooth and timely movement of goods has become paramount for businesses to thrive. Whether it’s shipping raw materials from suppliers or delivering finished products to customers, effective freight management lies at the heart of any successful supply chain. This is where freight CRM software swoops…
In today’s globalized world, efficient supply chain management is crucial for businesses to thrive. However, disruptions such as port congestion can significantly impact delivery schedules, leading to frustrated customers and compromised production cycles. This case study explores how a leading chemical distributor overcomes these challenges by leveraging real-time visibility solutions. By implementing these strategies, your…
Port congestion is a major challenge in today’s supply chains, often leading to unpredictable delays. The good news? You can mitigate these disruptions with proactive measures. By following three simple steps, GoComet’s port congestion tracker helps you stay ahead. Our machine learning algorithm analyzes data from over 45,000 containerized shipments monthly, monitoring congestion at major…
In the dynamic realm of international commerce, the Mediterranean Shipping Company (MSC) has solidified its position as a trusted leader. With its dependable container shipping services spanning 155 countries, MSC has become the preferred choice for shippers worldwide. A key feature that distinguishes MSC is its advanced tracking service, MSC Tracking, which offers real-time updates…
In the world of shipping, staying connected to your packages is paramount. Whether you’re a sender or a recipient, having visibility into the progress of your shipments allows you to plan, manage, and ensure a smooth delivery process. Fortunately, the United States Postal Service (USPS) offers a robust tracking system that enables you to monitor…
GoComet was featured in G2’s Spring 2023 reports across multiple categories to earn ten badges. Included with Leader badges in three categories, High Performer badges are two awarded to the single, highest-ranking company in the category: two Best Support badges and three Easiest to do Business with badges testify that GoComet is your best partner…
As the $12 Billion global supply chain industry continues to grow at an impressive rate of 12% per year, it’s surprising that standardization is still sorely lacking in many areas. For instance, despite being a truly international industry, there is very little uniformity when it comes to freight invoicing naming conventions. This variability is primarily…
As a business function, the supply chain has been lagging in adopting digital tools until the last 5-6 years. More importantly, it was primarily seen as a cost center rather than a value and business driver. A study conducted by McKinsey indicates that the supply chain, as a business function, has a digitization level of…
Located in San Pedro Bay, 25 miles south of downtown Los Angeles, the Port of Los Angeles (POLA), the busiest container port in North America, has maintained its status as one of the biggest ports in the world for over twenty years. The port supports a productive, sustainable supply chain through modern technology that enhances…
Germany isn’t just a powerhouse of industry, it’s a shipping giant! Think towering cranes and bustling docks – that’s the scene at Germany’s top seaports, like Hamburg, Bremerhaven, and Wilhelmshaven. These European heavyweights handle a massive amount of cargo, from everyday goods to towering vehicles, acting as key hubs connecting Europe, Asia, and North America….
Although carriers can collaborate directly with shippers, they seldom do. Finding clients is time- and money-consuming and particularly challenging for startups. As for the shippers, they don’t want to be concerned with selecting a carrier that fits their financial and schedule requirements, confirming its dependability, and maintaining contact until the items arrive at the recipient….
The global freight forwarding market was about 186 billion USD in 2021 and is predicted to rise at a CAGR of 3.3% until 2028. Supply chain technology breakthroughs are driving this market growth, and one such helpful technology is freight forwarding software. Every freight forwarder is aware of the inevitable digitization of the freight forwarding…
According to the number of domestic TEUs and total tonnage they handled, we will examine the largest sea ports in the USA. This list of seaports in the U.S. ought to provide you with a clear picture of the facilities’ overall capability. The vast majority of global trade takes place above the waves of the…
Choosing the right shipping line is one of the most integral and crucial aspects of a supply chain manager’s job. If made correctly, it is one of those decisions that could impact the business positively. If not, the consequences will have a lasting impact. So should you choose a shipping line based on its popularity…
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…
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…
Did you know that demurrage and detention charges can accrue up to 20 times the container’s value? With international shipping rates already soaring, any extra expenses incurred on top of the freight rate will take a bite of your margin. Today, the detention and demurrage charges easily exceed $100 per container per day. While D&D can be an…
Global supply chains are still recovering from the last two years of pandemic-related setbacks and the recent strains caused by Russia’s invasion of Ukraine. Given the circumstances, the latest announcement of nationwide lockdowns in China has forced supply chains to prepare for yet another turmoil in the coming months. Millions of people are in lockdown…
What if you could bring down your average response time to supply chain disruptions from months or days to mere minutes, say up to 90% faster than before, wouldn’t you be embracing that possibility immediately? And what if you already have half the solution in hand and only need to work on getting the other…
