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Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. Statistics and Examples 1.

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CTU Code Boosts Supply Chain Safety

Logistics Business Magazine

The seven industry bodies dedicated to container safety, collaborating as the Cargo Integrity Group, highlight an independent study carried out by researchers at Italian University Politecnico di Torino into shipper and forwarder application of the CTU Code.

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Pitfalls of digitalisation in shipping and freight

Shipping and Freight Resource

Some examples and benefits of digitalisation in shipping are. Whether digital or manual, the business of shipping involves a lot of documentation. Here is a real life example. The finance company sued the shipper as they placed the HBL as security but that is worthless now because the cargo has been released without payment.

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What is Shipping Insurance and Why Do You Need It?

GoShip Blog

Getting shipping insurance, whether it is freight or cargo insurance and freight liability can help you prevent logistics inconveniences. Shipping insurance, or freight or cargo insurance, is a crucial safeguard for businesses and individuals involved in transporting goods. It will save you time and money in case of cargo damage.

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Identity Theft is On the Rise, and Cargo Theft Might Not Be Far Behind

Blue Grace Logistics

How about truckloads of cargo. The Equifax leak, for example, can be ruinous when you consider what can be done with a little credit information. Identity theft is on the rise and cargo theft could see a drastic increase as well. How Identity Theft Could Mean Cargo Theft. Not exactly.

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Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry. Freight = the cargo that is carried using the shipping services offered by the shipping lines using the ships which falls under the Maritime industry. General Cargo Carriers. An estimated 89.5%

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

Forto

Once the decision has been made to transport the cargo by air, the next step is to negotiate and sign the appropriate shipping contract. Any cargo that is handed over to a carrier, goes along with a paper, according to IATA guidelines, called Air Waybill. Formalities in Air Freight: From Air Waybill to Transport Insurance. Air Waybill.