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The Beginner’s Guide to Bill of Lading Documents

ShipLilly

While you don’t want to forget any of those documents (no matter how numerous or tedious they may be), there’s one you definitely want to become familiar with: the bill of lading. A bill of lading is one of the most common – and important – documents in the shipping and logistics industry.

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Will the Freight Industry Move to a Discounted Pricing Model Like the Stock Brokerage Industry?

The Logistics of Logistics

To answer that question, let’s examine some of the similarities between the two industries. Back in the 70’s and 80’s full-service stock brokerages dominated the industry. The industry leaders, like Merrill Lynch, E.F Pricing and industry research that is not readily available to shippers. Hutton, etc.

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The Definition of Transparency

Blue Grace Logistics

As companies mature and the market changes, our understanding of crucial operating components of any industry has also grown. Transparency within the supply chain has gone from an unrecognized concept to a focus item for the C-Suite across a vast number of companies and industries. So Why Aren’t All Companies on Board?

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Artificial Intelligence in Logistics: A Massive Opportunity

MTS Logistics

Artificial intelligence is in its infancy but that doesn’t negate its current and, most definitely, future importance in all areas, especially logistics. This is true in logistics more than many industries. Humans helped our industry navigate through these issues. AI sounds scary, but are the machines really taking over?

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What Is CX Automation: The Value of Combined Tech

RPA Labs

Although Although its definition isn’t in any mainstream dictionary, CX refers to all interactions that impact a customer’s perception of a business. Automation is an incredible tool in the fast-paced industry of freight. In these analytical reports, more companies are seeing the benefits of automating customer experiences. .

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

GlobalTranz

Furthermore, we also want to educate those in the industry on such available technologies such as EDI in transportation so that they may make sure when they are either choosing a new transportation management system or are using one already, that the user demands that EDI is a part of the TMS.

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Demurrage and Incoterms

Globalior

It is a matter of industry practice if these terms can be used interchangeably. As we have discussed, demurrage can sometimes include detention charges (or vice versa depending on the terminology used in the billing documents). Traders should not depend on the default definition in the Incoterms.