The most obvious and visible trend that has been gaining ground since the third quarter of last year was the decline in ocean freight rates. This article will discuss major trends defining supply chains and shipping in 2023.
Do you know that 29 trillion worth of cargo was transported across the globe last year using multimodal containers? These containers can be tracked by businesses using container tracking systems. Read the article to find out more!
Shipping containers of various sizes contribute more than 90% to cargo transportation globally. This article will look at the Non-Operating Reefer Or NOR Shipping Container.
After covering the advantages and disadvantages of mega vessels for Container Carriers/ Shipping Companies, we will explore how these behemoths’ deployment affects Port and Terminal operators (another major stakeholder in the transport process).
As the name suggests, a one-trip or single-use shipping container is a new container that has been used only once for carrying cargo. After completing the single trip, it is sold to another buyer.
The acronym ATA stands for ‘temporary admission’ or ‘admission temporaire’ in French. It is an international agreement between customs authorities of certain countries that allows for the movement of goods between these countries without having to pay customs duty or having to move the goods through a bond.
A bill of lading is a record of traded goods which have been received on board. It is a document that establishes an agreement between a shipper and a transportation company for the transportation of goods.
Lead time is critical to all businesses for planning their activities and for ensuring customer satisfaction. Most companies aim to achieve shorter lead times to streamline their operations.
Let’s delve into the factors that shippers consider to select container carriers -and understand how they influence the decision of which carrier to use and the relative importance of each element.