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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

The global trade compliance market is one crazy market. The market grew by double digits year over year, yet there is no standard user and consequently there is no common understanding of what the end-to-end global trade compliance process should be. At SAP their solution is developed by their governance risk and compliance team.

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5 Things to Look for When Vetting Logistics Transportation Services

GlobalTranz

Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics. . Focus on Carrier Procurement and Management.

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Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain. When it comes down to it, accounting for the total cost of transportation is pretty complex.

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Editor’s Choice: Tips for Trucking Companies to Decrease Their Insurance Premiums

Logistics Viewpoints

In a report released earlier this year, ATRI (the American Transportation Research Institute) stated that premiums have rocketed up 47% per mile over the last decade. Trucking companies need to manage many layers of safety and compliance, and while insurance is just one of them, it’s also among the most important and expensive.

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Understanding Intermodal Transportation

CLX Logistics

It’s pretty simple – intermodal transportation uses two or more modes or carriers to transport freight from shipper to consignee. This shipping strategy began in 18 th century England, and in the 1950s, the steel intermodal transportation container was standardized based on design specifications from the US DoD.

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Bring Investing & Outsourcing to Your Supply Chain Strategy

CLX Logistics

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. The chemical industry is highly complex, with stringent regulatory requirements, specialized transportation needs, and a global network of suppliers and distributors.

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Maritime 2050 strategy

247 Customs Broker

The government has launched a new maritime strategy which outlines short, medium and long-term proposals to better position the UK as g global centre of emerging technology and world leader in the maritime industry for the next 30 years. For example, the UK will also aim to use virtual and augmented reality in seafarer training.