Monday, November 28, 2022

Freight

Shipping Jargon : Street Turn

There is a new shipping jargon in town and it is called Street Turn.. It is a charge about to be implemented by a few of the shipping lines..

This has the shippers up in arms with some terming it as insane, appalling and a huge mistake.. Read about it here and join a short poll on what your opinion is about the street turn..

Fake goods and a freight forwarder’s liability

Freight forwarders are an integral part of the supply chain and global trade, involved in handling goods using all modes of transport (sea, road, rail and air)..

However, many people are still unaware of Who is a Freight Forwarder and their role in the whole chain.. There is no one simple and quick explanation as to who is a freight forwarder and what they do..

In the most succinct and layman terms, a Freight Forwarder is a multi-function agent/operator who undertakes to handle the movement of goods from point to point on behalf of the cargo owner..

The essence of freight forwarding is to ensure that the cargo is picked up from the seller and delivered to the buyer at the required place, at the right price, and in the same condition that it is picked up from origin using the most suitable resources and routing possible..

Freight Forwarders however sometimes face situations which holds them liable merely due to them representing customers or handling shipments on behalf of customers..

Here is a real life example from Singapore..

Difference between a Freight Forwarder and NVOCC

NVOCC and Freight Forwarder are entities that many customers use for the movement of their cargo around the world.. Is there a difference between a NVOCC and freight forwarder..?? Let us explore in this article..

Pros and Cons of a Consol Box

In the course of business you might have heard of the term "Consol Box".. In this article we look at what a consol box is, how it works and the pros and cons of a consol box..

A Consol box is considered by many as a simple way to get shipments to their destinations cheaply and efficiently..

As a customer, you need to understand the way consolidation works and the options that are available for the proper planning, execution and delivery of goods to the destination..

As with any activity there are Pros and Cons of using a consol box which is discussed below..

Executive Insights: FreightHub Co-Founder Michael Wax on online freight forwarding

We talked with FreightHub co-founder Michael Wax about What his company is doing to establish itself as an active partner to shippers, and what the ideal forwarder-shipper relationship should look like.

Executive Insights: PhishTrain Co-Founder Jake Sylvestre on mitigating risks in logistics

New technology has opened users up to cybercrime, thanks to security loopholes, lack of training, or sometimes both. We chatted with PhishTrain Co-Founder Jake Sylvestre about how managers should think about security, and what steps they can take to protect their clients, their reputations, and ultimately, their bottom line.

How to ensure profitability in sea freight shipment..

Profitability in sea freight shipment is not a myth or a unicorn.. It is very possible.. Read how..

It is not a secret that ocean transportation and logistics is currently confronting immense change in terms of new technology, new markets, rising customer expectations, and new business models..

There have been a few articles on this blog about these advances like Blockchain based Bill of Lading, and other technologies that are shaking up the freight industry .. There are many ways the industry could develop to meet existing and new challenges, some of which are evolutionary and others are more revolutionary..

While cargo transportation is generally a complex business, in some cases it could be straightforward as well depending on how you manage it.. It is also a fact that in this high paced business environment it is not easy to follow every market trend and find answers on how to tackle the prevailing challenges easily..

Each customer and each shipment has its own issues, peculiarities, problems and characteristics.. But the main question that several shippers and services providers ask is “How to ensure profitability in sea freight shipment"..

More often than not, exporters, importers, carriers and logistics service providers experience loss due to poor planning, decision making and implementation..

A lot of people get into the industry sometimes without knowing even the basics relating to the business, the specifics relating to the business, the requirements and some of the vital information that can make or break the business.. I have even written a Beginner's Guide to Importing for those who wanted to get into the importing business but didn't know how..

Here are 11 steps you can follow to ensure profitability in sea freight shipment..

Where Brokers Fit into the Future of Freight

Freight brokers are a traditionally integral part of the freight marketplace but often find it difficult to clearly see where they fit in amongst the waves of change now and in the years ahead. In this article we see where brokers fit into the future of freight..

A freight forwarder’s liability on uncleared cargo – live case study

Here is a live case study about a freight forwarder’s liability on uncleared cargo where the shipping line is holding the freight forwarder liable for an uncleared cargo even though the delivery order has been issued..

Share your opinion on the same..

6 Simple Ways to Optimize Your Freight Shipments

Shipping precious products from place to place is not often an easy task, especially when considerations like cost, time, location and safety all combine to make choosing ideal routes and shipment methods a complex feat.

This guest post reveals 6 Simple Ways to Optimize Your Freight Shipments..

Is this the beginning of the end for the freight forwarder..??

In response to the question Who is a Freight Forwarder, I explained that in the most succinct and layman terms, a Freight Forwarder maybe defined as a multi-function agent/operator who undertakes to handle the movement of goods from point to point on behalf of the cargo owner..

Simple enough description.. But when one reads what happens in a day in the life of a freight forwarder it may not be so simple..

In the recent months there is a big conversation going on about the impact of "digitalisation" and "disruption" of the shipping and freight industry, to the extent that some people are terming it as the beginning of the end for the freight forwarder..

Is it really so..?? Let's put it in perspective and see..

Which Truck Scales Should Freight Forwarding Businesses Use?

Which are the best suited truck scales for freight forwarders and related transport companies..?? A look at the various options available to the forwarder..

What is a back to back shipment..??

This was a question from one the readers of the blog.. Its usually known as a back to back bill of lading rather than...

What are removal companies..??

Removal Companies , are companies that assist people emigrating or immigrating to/from (example) South Africa with their shipping requirements.. Various removal companies also specialise...

Flow of cargo in South Africa (import, export, transhipment)

I thought a graphical overview of the flow of cargo for import, export and transhipment will help the users.. So please see the image...

Container Service Types

This article explains about the various container service types like FCL/FCL..

How to calculate CBM of cylindrical object like a pipe or roll..??

Article outlining how to calculate CBM of cylindrical object like a pipe or roll.. This is an update on my previous post about calculation of CBM..

How to calculate CBM and Freight Ton

One of the most common questions I get asked often is "how to calculate CBM", specially by those clients who get charged per Freight Ton or Revenue Ton.. What is CBM and Freight/Revenue Ton..??

All about Incoterms

Incoterms® 2000 have been updated by Incoterms® 2010 and therefore the old post below is now redundant.. Please read the analysis about Incoterms® 2010 here..

Recent articles

spot_img