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

Shipping and Freight Resource

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. China overtook the grouping of the Rest of the World countries to reach the highest number of vessels in the world in 2019.

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Open Logistics Foundation established

Logistics Business Magazine

Dachser, DB Schenker, duisport and Rhenus have established the Open Logistics Foundation. The purpose of the non-profit foundation is to build a European open-source community aiming to promote digitalisation in logistics and supply chain management based on open source and standardise logistics processes through de facto standards.

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Freeports and Logistics

Logistics Business Magazine

Are there clear benefits to the UK logistics sector in the opportunity provided by freeports? Customs measures include allowing imports to enter the free port custom sites with simplified customs documentation and a delay in paying tariffs. So much for the theory – is there anything for the UK logistics sector in these packages?

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Pitfalls of digitalisation in shipping and freight

Shipping and Freight Resource

Many shipping lines, freight forwarders , logistics service providers, ports, financial institutions and other private entities are working on digitalisation options and testing it in many different ways through various pilot projects. Some examples and benefits of digitalisation in shipping are. Here is a real life example.

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Logistics with Freight Forwarders

Logistics at MPEPS at UPV

Being transportation one of the principal functions for developing a logistics program, a freight forwarder acting as an intermediator between the shipper and the consignee their main objective is to optimize through the standardization of transport and. Sources: [link]. Filed under: