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The US Ocean Shipping Reform Act 2021 – What you need to know
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The US Ocean Shipping Reform Act 2021 – What you need to know

Last week, the United States House of Representatives signed off on the bipartisan Ocean Shipping Reform Act of 2021 by a convincing 364-60 vote. Since then, the bill has become a talking point for supply chain stakeholders across the globe. It is a pivotal piece of legislation that will significantly impact the ocean shipping industry….

Port Congestion case study

[Case study] Leading chemical distributor uses real-time visibility to mitigate port congestion Geography: Global | Module: GoTrack Automated Shipment Tracking “ The extent of the congestion crisis has reached unprecedented levels and is costing millions of dollars each day. While there seems no light at the end of the tunnel, live visibility over port delays…

COP26 On Sustainable Shipping: The Future Of Green Is Now

COP26 On Sustainable Shipping: The Future Of Green Is Now

Major strides were made by global representatives to accelerate the fight against greenhouse gas emissions, in the recent U.N. climate summit that was held in Glasgow. What significant impact could these pledges have on making the shipping industry sustainable? What is COP26 and why is it important? COP stands for “Conference of the parties” is…

Top 5 Emerging Technologies In The US Trucking Industry:

Top 5 Emerging Technologies In The US Trucking Industry:

The billion-dollar trucking industry is undeniably a vital part of America’s economy. Every good consumed by Americans, from clothes to food and everything in between, gets transported on trucks at some point- as such it accounts for 72% (or 11 billion tons) of all freight moved across the United States each year! Lately, the industry…

Amazon Way: The #1 Supply Chain Strategy For Agility

Amazon Way: The #1 Supply Chain Strategy For Agility

Learn how Amazon’s innovative supply chain strategies help it excel in fulfilling customer orders.The e-commerce giant has been able to handle supply chain crunches better than most retailers. It has done this by having a very strong inventory management system that tracks the inventory of every item in its warehouses across the country. The company…

What Should Businesses Learn From Recent Ningbo Port Congestion?

What Should Businesses Learn From Recent Ningbo Port Congestion?

The recent Ningbo port congestion piled up more pressure on the already strained global supply chains and affected businesses adversely, especially in the US. This article looks at everything that led to the disruption and how shippers can mitigate the impact of such events in the future.  The Ningbo Port in China’s Zhejiang Province was…

Bending without breaking: Notes from supply chain industry 2020-21
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Bending without breaking: Notes from supply chain industry 2020-21

A year ago, none of us could have predicted that 2020 and 2021 would push global trade into utter chaos. But what’s even more astonishing is the spirit of resilience shown by supply chains worldwide all through the pandemic.   Despite facing the full force of covid-19, the industry refused to get bogged down by the…

The Suez Canal is free, but cargo delays are just getting started

The Suez Canal is free, but cargo delays are just getting started

The Every Given is sailing again. After being stuck for about six days, the mammoth ship held up about $9 billion in global trade a day and further burdened the already strained supply chains. Owing to the dredgers, tugboats, and rushing king tides, to everyone’s relief, the 20,124-TEU finally refloated after approximately 30,000 cubic meters…

Procure-to-Pay systems: All you need to know

Procure-to-Pay systems: All you need to know

As volatility continues into 2021, logistics teams are juggling multiple systems to keep their supply chains running. Amid container shortage, capacity constraints and delays, strategies focused solely on cost savings have taken a back seat in the post-pandemic world, and efforts are being directed towards building more agile and resilient supply chains.  It is here…

8 Steps To Better Freight Optimization

8 Steps To Better Freight Optimization

Did you know that optimizing your freight management could cut shipping costs by up to 30%? Yet, many companies miss out on these savings by focusing only on individual shipments rather than the entire supply chain. Freight optimization isn’t just about finding the fastest route—it’s about transforming every stage of the process, from sourcing materials…

Why You Should Consider a Freight Audit Software Solution?

Why You Should Consider a Freight Audit Software Solution?

When shipping is an integral part of your organization, managing and processing invoices and making timely payments becomes a critical task.  It is crucial that you have a system in place that ensures visibility over freight invoice processing and payments. When done right, it will become an opportunity to save costs and ensure process efficiencies. …

Freight Negotiation With Shipping Companies: A Smart Approach

Freight Negotiation With Shipping Companies: A Smart Approach

Whether you are a big company with thousands of shipments per month or run a small business with few shipments occasionally, efficient freight negotiation with shipping companies is crucial to your bottom line.  If done right, it is the simplest way to drive cost savings every time you ship. Being in control of how much…

How AI (Artificial Intelligence) is Influencing the Shipping Industry Today

How AI (Artificial Intelligence) is Influencing the Shipping Industry Today

As more and more organisations are exploring ways to leverage advanced technology, the supply chain industry is increasingly becoming AI-driven. While artificial intelligence-based solutions have infinite uses, so are the concerns surrounding this technology. Today, enterprises can use these solutions to gain predictive capabilities and optimise their business.  In this article, we discuss various aspects…

Container shipments- What are the 5 Challenges?

Container shipments- What are the 5 Challenges?

The global logistics and container shipping industry are mammoth, and keeping them in a smooth motion and overcoming obstacles is quite a challenge. While most of the world’s cargo continues to get shipped in containers, container shipments face their own set of problems too.  As a shipper, one of the best ways you can minimise…

Top 5 reasons to use a freight rate index

Top 5 reasons to use a freight rate index

Getting competitive prices each time you ship your freight is critical to your bottom line. While traditionally you might be relying on your internal freight rate history to determine the best lanes and rates for your freight shipments, today there’s a better way.  It is here that freight benchmarking or freight rate index tools step…

Freight payment: Freight Invoice Facts You Should Know

Freight payment: Freight Invoice Facts You Should Know

Freight audits and payments may not be the first thing that comes to your mind when you think of ways to reduce freight costs. The cost of manually reconciling freight invoices is one expense that remains hidden and silently affects your bottom line. Industry studies estimate that manual invoice processing costs around $5 to $12…

Top 5 Supply Chain Trends To Watch In 2021

Top 5 Supply Chain Trends To Watch In 2021

2020 has come to an end, but the gaps and risks it exposed and the urgency for supply chain resilience it created will continue to drive companies in 2021 and beyond.  The pandemic rattled supply chains worldwide while simultaneously emphasising its importance and gave birth to new goals for the years ahead.  Today companies across…

6 Important Tips For Effective Logistics Management

6 Important Tips For Effective Logistics Management

In supply chain management, a combination of an efficient workforce, automation of particular workflows, and perfect coordination between various functions is critical to a smooth functioning supply chain.  Above all, there is always room for improvement and boosting business. Each time your business witnesses growth, the key is to proactively look for ways to improve…

6 Benefits of Shipping Analytics Software in Logistics

6 Benefits of Shipping Analytics Software in Logistics

Shipping analytics software in logistics is of huge importance. The logistics and supply chain industry are among the most dynamic and complex industries involving several bottlenecks, movement of assets, reliance on third parties, etc. Above all, the industry is prone to disruptions and more particularly unforeseen events, making a solid case for why companies are…