Top 6 things to consider when filling out a Bill of Lading Any seasoned shipper would know that there are large amounts of paperwork involved in sending an ocean freight shipment. There are so many parties involved even in a simple shipment that the entire process appears daunting, especially for less-frequent or new shippers. The most important piece of document in shipping is by far the Bill of Lading. Of all the documents involved in shipping, if you were to safeguard just one, that would be the Bill of Lading.
What’s causing the US trucking shortage problem? Even as autonomous trucking tests and trials advance, getting them fully implemented remains very much a thing of the future. Focusing on today, the current trucking situation as such appears to be heading backwards, with a nationwide shortage of truck drivers threatening to throw the entire country’s ocean freight services logistics chain into disarray. Truck driver shortage in itself is something we’ve been seeing in the US for decades so it isn’t exactly a new problem.
What is LCL shipping? In ocean freight shipping, containerized cargo comes in two main forms - LCL (Less than Container Load) and FCL (Full Container Load). As their names suggest, LCL involves merchandise that takes up less than the entire space of a full container, which means having to share a container, and FCL simply means having an entire container to yourself. To know more about these two different types of shipping containers, do give our pages on LCL shipping and FCL shipping a deeper read.
Fulfillment by Amazon (FBA) vs direct fulfillment If you’ve ever purchased anything on Amazon, you may have at some point chosen its same-day or one-day delivery service, even if the item wasn’t sold by Amazon. After all, as the world’s largest retailer, Amazon prides itself on not only the variety of products on its site but also, its speedy delivery. But have you ever thought about what goes on behind the scenes when a purchase is made on Amazon?
Top 5 shipping stories of 2017 To say 2017 has been an eventful year for the ocean freight industry would be an understatement. From new alliances, an over-active hurricane season in the Atlantic, and numerous cyber attacks, there was no short of contenders for the top shipping events that shaped the year. But with every chronicle, there are takeaways, lessons to be learned and mistakes to be avoided. So without further ado, here are the top 5 shipping stories of 2017 put together by the iContainers team.
Ocean freight shipping is a massive industry. Almost any trade or business will have had contact with ocean freight shipping at one point. If you’re thinking about dipping your toes into the business world and are considering using ocean freight as your main mode of transportation, there are certain misconceptions you need to be aware of. Get familiarized with the facts to avoid nasty surprises, which could lead to unnecessary delay costs.
Transparency between agents - Let’s be real Cargo Agents in the Shipping Sector As the cornerstone of international trade and development, the shipping industry basically keeps the world economy running. Those who know it will tell you that it’s an exciting industry to be in and also one that involves huge responsibilities. Deciding on who you want to work with and how you want to cooperate in this business are two very important decisions you have to carefully consider right from the get go.
Ocean freight carrier schedule reliability In the ocean freight industry, it’s always good advice to anticipate the unanticipated as the complex logistics industry isn’t short of its hiccups. That said, there are aspects of shipping that are simply beyond your control. This includes the carriers’ schedule reliability, which is what we’ll be addressing in this post. Just recently, SeaIntel named Hong Kong’s OOCL as the most reliable carrier, in terms of on-time arrival rate, for the third quarter of 2017.
Contrasting a traditional and online freight forwarder Amid the growing calls for the freight forwarding industry to embrace technology, more and more freight forwarding startups have sprung up. Much has also been made of online freight forwarders. But why is there this urgent need to go digital? And how do online freight forwarders differ from traditional freight forwarders? In this post, we’ll be addressing just that. According to a survey conducted earlier this year by logisTIcs, a global logistics research and consulting partner, while 68% of respondents believe that traditional freight forwarders remain relevant in today’s environment, a massive 92% of respondents indicate that digitization will add value for freight forwarders.
What’s the difference between a Master Bill of Lading and a House Bill of Lading? Besides trying to obtain competitive container shipping rates, documentation is just as, if not more important when trying to send a shipment via sea. Perhaps the most important document in the ocean freight industry is the Bill of Lading. Much confusion may arise from this document, and it is extremely important to understand the different types of Bill of Ladings and how they differ.