A bill of lading is one of the most important documents in the shipping industry. A BOL is a legal contract for securing freight transportation services specifically describing the content of the shipment, delivery instructions, title transfer and payment terms. Always be aware of section 7 if you are not utilizing an established 3rd Party Logistics provider. The working notion of Section 7 is that it relieves the shipper of its normal obligation to pay freight charges where the party who was otherwise supposed to pay them fails to do so. That’s basically so, but it’s the way Section 7 accomplishes this that’s important. Post a reply for details.
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Logistics News,
Technology,
dimensional pricing
The end of Covid may be in sight. With that in mind we must prepare for supply chain fluctuations as we emerge from this pandemic. Rarely have supply-chain leaders faced more complex, changing conditions than they have during the COVID-19 pandemic. We’re in uncharted territory. Not only should our planning be focused upon post-Covid planning but to also must include future pandemic readiness planning. We were woefully unprepared for this one.
Read More
Topics:
Third Party Logistics,
Intermodal Freight,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Logistics News,
Industry Trends,
Technology
Canadian Truckers Alliance Protest Is Gaining Traction
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Intermodal Freight,
Transportation News,
Logistics Business,
Maximizing Routing Efficiencies,
Freight Bill Audit,
3D Printing,
Shipping News,
Logistics News,
Industry Trends,
Technology,
dimensional pricing
Cellphone providers are set to deploy 5G service in select areas this week. Airline CEO’s are warning 5G could affect airline operations. In a letter sent Monday to United States transportation and economic officials and obtained by NBC News, the CEOs of major carriers said that the launch could ground flights and leave "tens of thousands of Americans" stranded overseas. The airlines warned that the 5G signals risked interfering with safety equipment pilots rely on to take off and land in inclement weather.
Read More
Topics:
Third Party Logistics,
Intermodal Freight,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Logistics News,
Industry Trends,
Technology,
Big Data
The ongoing driver shortage has prompted the Federal Motor Carrier Safety Administration to solicit the OMB on a proposal to fast track a controversial driver training program. The pandemic exacerbated longstanding workforce challenges in the trucking industry, including recruitment, high turnover rates, an aging workforce, long hours away from home, and time spent waiting–often unpaid–to load and unload at congested ports, warehouses, and distribution centers. The Truck Action plan is a three-year apprenticeship program to allow carriers to employ drivers between the ages of 18 and 21 for hauling freight across state lines. Current regulations require drivers to be 21 or older to operate a truck in interstate commerce. Drivers under 21 can haul within a state subject to state laws.
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Logistics News,
Industry Trends,
Technology
To enlighten those less informed about the Transportation industry I routinely remind them that everything around their home, work and recreation areas spent some time on a truck at one time. The sheer size of the United States requires a reliable distribution infrastructure. Just consider what the railroad did for the opening up of the west and feeding the rest in the 1800’s. The need for transportation is much greater today. We built the national infrastructure. Now we must continuously support it; literally, every day.
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Freight Bill Auditing,
Intermodal Freight,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
Freight Bill Audit,
3D Printing,
Shipping News,
Logistics News,
Industry Trends,
Technology,
dimensional pricing
One of the biggest challenges for logistics providers is balancing their equipment with demand. To maintain profitability as well as service, carriers try to minimize empty miles and non-usage. Empty miles for a trucking company represent the cost of repositioning equipment to meet demand. Non-usage, in the case of containers, represents a lack of outbound shipments in a specific area. In both cases these pure expenses will be reflected in the outbound rate.
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Intermodal Freight,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Logistics News,
Industry Trends,
Technology
The Covid virus has presented production challenges for global manufacturing. Food, chemical and personal products companies, among many more, struggle to meet retail demand.
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Freight Bill Auditing,
Intermodal Freight,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Logistics News,
Industry Trends,
Technology,
Big Data,
dimensional pricing
A surge in energy and metal prices is offering investors a fresh reminder of how the commodities market can fuel inflation and imperil the post-pandemic economic recovery.
Read More
Topics:
Supply Chain Management,
Third Party Logistics,
Intermodal Freight,
Transportation News,
Reducing Freight Rates,
Logistics Business,
Maximizing Routing Efficiencies,
3D Printing,
Shipping News,
Logistics News,
Industry Trends,
Technology,
dimensional pricing
Warehouse technologies can directly impact one of the most critical strategic goals and differentiators for logistics organizations, warehouse efficiency. If warehouse operations run inefficiently, the business is forced to increase its workforce and overhead to maintain acceptable service levels and margins.
Read More
Topics:
Supply Chain Management,
Freight Bill Auditing,
Intermodal Freight,
Logistics Business,
3D Printing,
Logistics News,
Industry Trends,
Technology,
Big Data