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Advanced Knowledge about Air Freight: All You Have to be Aware of for a Successful Transport

Forto

Within this article, we take a closer look at pricing beyond the standard IATA freight rates and shed some light on the various legal frameworks of this air freight. Once the decision has been made to transport the cargo by air, the next step is to negotiate and sign the appropriate shipping contract.

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How to Win During Peak Shipping Season

Logistics Business Magazine

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Pressure to Save Costs Transportation accounts for a significant amount of total operational costs, consequently becoming a huge target for potential cost savings.

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Purpose of the World Trade Organization

Globalior

The WTO also conducts courses for government officials to build their expertise and skills, so that they may help their countries to better facilitate trade. Accessions Division: Facilitates negotiations between WTO members and others requesting accession. How is the WTO structured?

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5 Important Considerations When Importing from China

Forto

Deal with the customs formalities – also to be able to calculate your sales prices exactly. Manufacturers in China often produce articles much cheaper, so the profit margins in sales are therefore higher. After all, what good are articles that you are not allowed to market here?

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

Perfect order results can help you assess performance and diagnose issues impacting service, costs, and overall supply chain effectiveness. Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. x 0.96 = 0.8661.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” Reduced working capital.

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Demurrage and Incoterms

Globalior

Demurrage is a cost paid to a shipping line when the owner of cargo is not able to take full delivery of the cargo within the stipulated time. Sometimes demurrage costs is confused with detention costs, because demurrage can occur due to the container being detained. These costs can occur in many situations.