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The 8 Standard Types of “Bill of Lading” Documents

ShipLilly

wholesale, logistic business and people concept – manual worker and businessman with clipboards at warehouse explain a bill of lading document. The bill of lading (BoL) is an important document in the shipping industry to better understand its meaning and implications for operations.

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10 Challenges for Shippers in Negotiating Trucking Contracts

FreightWaves SONAR

Transportation analytics is among the most effective tools in trucking contract negotiations. And it’s equally important to know the top 10 challenges for shippers in negotiating trucking contracts like limited headhaul insight and how to overcome them.

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Eight Essential Documents That Are Key to Shipping

MTS Logistics

On the other hand, you also need to know and understand the rules and regulations of exporting and importing, and crucially, you need the proper shipping documents. However, most documentation is still handled manually in some countries.

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Do You Have a Large Small-Package/ Parcel Spend? Why a Small Package Outside Negotiator Will Help You Save Big Bucks.

GlobalTranz

Many businesses have a tendency to hastily go through small package contract negotiation processes. Unfortunately, many of these entities to end to have a large small package or parcel spend, but a small package outside negotiator can help save significant revenue. Why You Need a Small Package Outside Negotiator. A small package contact negotiator has more experience cumulative lee than anyone in your office staff. Small Package contract negotiator small package

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10 Fundamentals Beyond Price in Contract Negotiations

Blog on Log

Stolarczyk Kontane Logistics www.kontanelogistics.com It’s that time of year again — time to negotiate carrier contracts! Too often, business leaders focus their attention on rate structures during carrier-contract negotiations while ignoring other important facets of the carrier process. Below are tips your business should employ to achieve success as it dives into its carrier-contract negotiations in 2010 and beyond. Michael J.

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Efforts to Derail a Potential Logistical Nightmare

ShipLilly

This would put pressure on prices in an economy already grappling with inflation. The president noted that the negotiated deal was a win for America during a Thursday briefing at the Rose Garden in the White House. Negotiating a complex job market.

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How Freight Forwarders Benefit Businesses and Personal Shippers

ShipLilly

The freight forwarder deals with the logistical side, including tracking, documentation, and insurance. The trials and tribulations of the post-Covid 19 era mean that everyone is watching the pennies and cutting costs where possible. Making use of the opportunities.

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Container Freight Costs and Forecasting: Intrinsically Linked & Frustratingly Challenging

Logistics Bureau

And are you struggling with cost and forecasting challenges? This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting.

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Latest Shanghai Quarantines: More Pressure to Global Supply Chain

ShipLilly

In addition, there are ongoing negotiations between the Central Association of German Seaport Companies and the union ver.di, representing about 7 in every 10 members of the port workforce. Key impacts and risks.

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Looking Beyond Rates: Fundamentals of good contract negotiations go far beyond mere pricing

Blog on Log

Hiding behind pure numbers will only create a one-sided, noncompetitive, zero-sum contract winner — and doom the negotiations, to failure. But the true test of how both sides react will come in the next several weeks, as shippers and carriers wrap up what could be the most important contract negotiations in years, if not more. The news is filled with businesses that have used numbers — real or manufactured — to justify prices and volumes that are no longer with us.

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Some Negotiation Tips.Yeah, its that time of year!

Blog on Log

Here are some tips for your upcoming negotiations: Pickup performance. Late pickups cost you money, perhaps at overtime rates. The site should allow you to enter pickup requests and download imaged documents and customized reports. Well, its getting to that time of year when carrier contracts will be negotiated.and the rate structure is just one issue that should be reviewed. How can your delivery be made on time if your pickup isn't on time?

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

The Logistics of Logistics

Will freight brokerage pricing evolve toward a discounted, transparent fee model like stock brokerage pricing? If you were a small investor like yours truly, you bought the far less glamourous mutual fund which had lower transaction costs. Regulated pricing which meant they didn’t have to worry about disruptive competition. In 1975, the SEC deregulated brokerage commissions, which enabled stock brokerages to negotiate brokerage fees.

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Pitfalls of digitalisation in shipping and freight

Shipping and Freight Resource

Digital Transformation is a strategic transformation of the business processes and models to leverage the opportunities created by the digital technologies which can result in improved customer service and value additions to the business.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. The challenges faced by these organisations and the steps they took, may provide some inspiration for successful long-term cost management within your organisation.

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CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

Considering the increased sales volume our company is experiencing, you bean counters should be grateful I’m able to get our freight covered and delivered at any price!”. Ironically, while there is a proven solution to the problem of mushrooming transportation costs, it is often the CFO/finance department thwarting the very initiative transportation offers to solve it. Combating Rising Freight Costs with a TMS. where they’re being hit especially hard on cost.

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How To Reduce Soft Costs in Shipping

Dedola Global Logistics

Archives When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. What is the difference between hard costs and soft costs? Hard costs are tangible resources that are easy to calculate.

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Turvo Partners with Banyan Technology to Drive Cost Savings by Optimizing Transportation Management

Turvo

The volatility the market witnesses today has led supply chain stakeholders like shippers, carriers, and manufacturers to obsessively look at driving efficiencies into their workflow, while cutting costs. Cost Reduction.

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The KlearNow Story with Rick Tellez

The Logistics of Logistics

Prior to starting KlearNow, Rick was on an executive career development track at DHL where he experienced multiple aspects of the business, including operations, process improvement, hub and gateway management, labor negotiations, special project management, and sales.

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How To Reduce Soft Costs in Shipping

Dedola Global Logistics

How To Reduce Soft Costs in Shipping. When it comes to choosing the right international freight forwarder for your shipping needs, cost plays a factor in your decision. What is the difference between hard costs and soft costs? What else can be done to lower soft costs?

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5 Skills Needed for Radical Supply Chain and Logistics Collaboration

GlobalTranz

While a contract documents the responsibilities and expectations of both parties, like a purchase order, warehousing or transportation contract, service level agreement or quarterly business review, there is a great deal of flexibility, even when they are lengthy and rigid. This principle says nothing about how to earn the trust needed to get someone to agree to a contract or how to negotiate a viable contract. 5 Skills Needed for Radical Supply Chain and Logistics Collaboration.

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When and Why Should Shippers Use Freight All Kinds (FAK) During an LCL Shipment

MTS Logistics

Documentation: it can be multiple items for different documentation (e.g. Documentation fee may be considered per shipment. Freight All Kinds (FAK) is a pricing system that combines different classes of shipments into a given classification. What is an LCL shipment?

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The Benefits of Working With A Freight Forwarder

ShipLilly

Consequently, the queues can be long and the prices can be astronomical. Freight forwarders are adept at negotiating the complex intricacies of this industry. That means you can meet your deadlines and cut the costs of dealing with bureaucracy.

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How to Use Ocean Transportation Efficiently

MTS Logistics

Consider the Costs of Different Transportation Models. Provide the Right Documents and Ensure That the Provided Information is Correct. Proper documentation on import/export items is a must to meet regulation requirements.

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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.

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Tech is the Game Changer for Truckload Shipping Communication with Mitch Violett

The Logistics of Logistics

Fortune 500 shippers like Anheuser-Busch, P&G, Niagara, and Unilever trust Convoy to lower costs, increase logistics efficiency, and achieve environmental sustainability targets. Since documents must sometimes be scanned and emailed, there are delays and errors.

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

Logistics Viewpoints

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.” Once that’s in place, CFOs will notice: Improved margin by lowering your cost of goods sold.

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9 Wrong (And Costly) Assumptions Freight Shippers Have

Freightera

Why would I need shipping documents? These grey areas are non-negotiable since carriers would have to spend half of their time simply debating whether a location should be considered commercial or residential. It is possible that they use a partner for an area that raises the price.

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Ways to Avoid LTL Shipping Problems 

GoShip Blog

Less-than-truckload (LTL) shipping offers a cost-effective approach to transporting packages along your supply chain. Examples include missing freight, delivery delays, damaged products, hidden charges, ambiguous documentation, poor contract terms, and limited carrier networks.

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Shipping your first container.?? Here are some tips to help you

Shipping and Freight Resource

Discuss it down to the smallest nitty gritty and smallest cost, make sure you cover it all and that it is all in writing with the agreement of both parties. Documentation. Documentary requirements related to your shipment must be followed strictly to avoid additional costs.

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Traditional Vs Digital Freight Forwarders – What would you prefer?

20Cube Logistics

The customers have to connect with different shippers to know the pricing and quotations and even have to negotiate to get the best price and this may increase time and efforts. Documentation & paper work. Digital transformation is the need of the hour.

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Managing the Complex World of Wine Logistics

Now, That's Logistics

And ships that do arrive here often have to wait outside ports to be unloaded, resulting in higher costs for importers,” the publication adds. and European Union negotiate a solution to a long fight over government aid to airplane manufacturers, Wine Spectator reports. (In

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Managing time-sensitive shipment

20Cube Logistics

Negotiation on rates should be done in advance to avoid any repercussion later. Engaging a 3PL service provider will save time and costs as they have a wide network of various carriers and can help easily find a suitable one for your unique shipping requirement.

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Benefits of Freight Forwarder Versus a Transportation Carrier

ShipLilly

When considering your shipping options, it is important to consider the costs and benefits of your choices. The broker or freight forwarder has the advantage of extensive knowledge of the industry and the contacts that can make it easier to deal with crises when they arise. This also means that you are not tied down to a specific carrier and can negotiate favorable terms depending on how the market is responding.

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Transporting Perishable Goods? Some Important Factors to Consider.

Blue Grace Logistics

To ensure that this does not happen, here are a few points that shippers must keep in mind while transporting their fresh produce: Complete Product Knowledge: This is non-negotiable. The documents/formalities required in both the importing and exporting state/country.

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Who Benefits From Freight Forwarding Services?

FW Logsitcs

With so many moving parts in the shipping process, it can be difficult to keep track of costs and schedules. Before your shipment can even make its way into another country, you need a commercial invoice and thorough shipment documentation. Negotiating Costs.

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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.

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Can Shredded Paper be Recycled?

Compactor Management Company

Thus, it becomes non-negotiable to find out ways to compensate for all the harm paper consumption is causing to the environment. Shredding your important documents instead of simply disposing of them is one of the most significant eco-friendly measures you can take.