Shipping is an intricate process. A business may or may not have the workforce to employ a complete shipping department to handle all the complexities. Fortunately, modern technology has enabled us to automate most of the complications that traditionally accompany product shipping. Online shopping is increasing so swiftly, especially after the pandemic. In the US…
While TMS software has become popular in the last few years, the recent disruptions in the global supply chain, including the pandemic, Russia’s invasion of Ukraine, geopolitical tensions and natural calamities, have made companies fast-track their supply chain automation process. As supply chain leaders look out for the best solution among the thousand options available,…
Fleet management software, traditionally exclusive to giant enterprises with vast fleets of vehicles, is now a rapidly expanding requirement among businesses of all sizes. Fleet managers can automate and streamline various fleet-related operations precisely and effectively using good fleet management software. A comprehensive fleet management system will allow you to monitor every part of your…
A wrong transportation management system can really hurt your company. If you don’t evaluate if the platform generates expected results, then it could be a huge waste of money and time — and that would not make anyone happy! The right transportation management system can make all the difference. If you’re managing freight spend, customer…
Supply chain professionals face a daunting decision when selecting the right transportation management system (TMS Software) for their organizations. With several entrants joining this space recently, it has become more difficult than ever to decide on an appropriate solution that is also cost-effective and suits your needs well enough before choosing one with these features…
In our series so far, we have covered “what are demurrage charges and how to avoid demurrage charges” besides talking about “new methods to reduce demurrage detention charges”. This article will discuss the number of free days available across all the major sea ports in USA that can be used to avoid paying hefty demurrage…
Your logistics expenditures include a sizeable amount of your shipping demurrage charges. To examine and optimize them, you need a tool. Real-time cargo monitoring gives you the necessary information about the whereabouts of your shipments at any moment, helping you to streamline your cargo and save demurrage costs. We already discussed what are demurrage expenses….
Transportation is a significant part of the entire supply chain, and every company strives to reduce its transportation costs to maximise the supply chain ROI. Transportation logistics costs are rising for several reasons today – top reasons including the geo-political tensions caused due to the Russia-Ukraine crisis and capacity shortage caused due to global port…
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…
As China sticks to its zero Covid policy, a two-stage lockdown in Shanghai has created further fears of supply chain disruption. The Shanghai lockdown is causing ripples in a setting where severe port congestions, blank sailings, and increased freight rates are ongoing challenges that are yet to be resolved. In light of disruptions created by earlier pandemic-related…
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…
About 1,700 dockworkers at West Coast ports have tested positive for Covid-19 in January alone, stretching capacity at the country’s busiest gateway for shipping containers. Source: Supply Chain Brain
The country’s testing rules, combined with a lack of test kits for transport workers, has skyrocketed staff shortages in container logistics, putting the sector under strain. Source: The Loadstar
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…
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 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…
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…
Introduction to Cargo Insurance For sea shipments, if the carrier was to sink or your goods were to get damaged, carrier liability is not enough to cover the losses. And for land freight, if your vehicle is to get in an accident, you would lose your goods and the vehicle. These are just two instances…
Tired of wrestling with freight quotes and chasing down the best deals? Imagine a world where AI negotiates for you, specialized software tackles specific challenges, and the cloud keeps everything accessible. AI is reshaping supply chain innovation, management, and optimization of freight operations. This is the reality of modern freight procurement software! We’ve explored the…
