NOR Shipping Gains Traction As Firms Explore Refrigerated Container Alternatives

NOR Shipping Gains Traction As Firms Explore Refrigerated Container Alternatives

This article delves into the NOR (Non-Operating Reefer) mode in international shipping, where reefer containers are used as standard dry containers. It analyzes its applicability (e.g., dry container shortages, suitable cargo characteristics, cost optimization), operational procedures, advantages, disadvantages, and risk considerations. The aim is to assist shippers and freight forwarders in making informed decisions during times of tight shipping resources, achieving cost reduction and efficiency improvement. It provides insights into when and how to leverage NOR containers effectively.

Trucking Industry Challenges Bidens Infrastructure Priorities

Trucking Industry Challenges Bidens Infrastructure Priorities

The American Trucking Associations (ATA) questions the allocation of the $1.2 trillion infrastructure investment, advocating for prioritizing new infrastructure projects over simply repairing existing facilities. The ATA also raises concerns about California's aggressive emission reduction targets. Emphasizing the importance of infrastructure to the economy, the ATA calls for a realistic approach to emission control. The Biden administration faces the challenge of translating infrastructure investment into tangible results, requiring optimized investment strategies and a balance between development and rational progress.

Manufacturers Sue EPA Over Greenhouse Gas Rules Risking Supply Chains

Manufacturers Sue EPA Over Greenhouse Gas Rules Risking Supply Chains

The National Association of Manufacturers, along with 19 business organizations, is suing the EPA over its expanded greenhouse gas emission regulations. They argue the rules will increase costs, harm competitiveness, and potentially disrupt supply chains. The manufacturing sector advocates for a balance between environmental protection and economic growth. They are also urging manufacturers to adapt to the new regulations, invest in emission reduction technologies, optimize production processes, and strengthen supply chain management to mitigate potential impacts.

Datadriven Strategies Tackle Freight Market Volatility

Datadriven Strategies Tackle Freight Market Volatility

The freight market is volatile, and 2020 may see further tightening. The Transfix white paper, 'Get Ahead,' uses data analysis and shipper surveys to reveal market trends and response strategies. It emphasizes leveraging data to improve market visibility and drawing on historical experience to help shippers maintain competitiveness and achieve cost reduction and efficiency gains amidst market fluctuations. The white paper provides actionable insights for shippers to navigate the changing landscape and optimize their logistics operations.

Ecommerce Firms Cut Shipping Costs with Smart Packaging

Ecommerce Firms Cut Shipping Costs with Smart Packaging

Cross-border e-commerce sellers can reduce international shipping costs through optimized packaging. The key lies in controlling billable weight, avoiding surcharges, and improving packaging cost-effectiveness. This article details how to streamline inner packaging materials, scientifically fill voids, optimize dimensions, and select lightweight materials. It also emphasizes leveraging logistics channel characteristics for cost reduction and the importance of standardizing packaging processes. By implementing these strategies, sellers can effectively lower shipping expenses and increase profit margins.

Digital Freight Brokers Cut Supply Chain Costs for Shippers

Digital Freight Brokers Cut Supply Chain Costs for Shippers

Oracle's Head of Product Strategy highlights the growing popularity of digital freight brokerage solutions among shippers due to their potential for cost reduction and increased efficiency. By technologically connecting shippers and carriers and optimizing transportation routes, digital freight brokerage is emerging as a crucial tool for supply chain optimization. This approach streamlines logistics, provides real-time visibility, and enables data-driven decision-making, ultimately contributing to a more agile and resilient supply chain and improved bottom line for businesses.

Firms Adopt Digital Procurement to Optimize Supply Chains

Firms Adopt Digital Procurement to Optimize Supply Chains

This paper delves into the critical role of suppliers in the business supply chain, elaborating on supplier classification, tiered management, and the application of digital procurement systems in optimizing supplier management. By effectively classifying and tiering suppliers, and leveraging digital procurement systems, companies can better control their supply chain and enhance overall competitiveness. This includes improved risk mitigation, cost reduction, and enhanced collaboration with key suppliers, ultimately leading to a more resilient and efficient supply chain.

Understanding CIF Key to International Trade Costs

Understanding CIF Key to International Trade Costs

This article provides an in-depth analysis of the CIF trade term, clarifying its meaning, the responsibilities of both buyer and seller, the allocation of insurance liability, advantages, disadvantages, and application scenarios. By comparing CIF with other trade terms such as FOB, CFR, and DDP, it helps readers comprehensively understand CIF. This understanding enables better risk control and cost reduction in international trade. It emphasizes the importance of understanding CIF terms for effective international trade practices.

USD to Swazi Lilangeni Exchange Rate Trends Analyzed

USD to Swazi Lilangeni Exchange Rate Trends Analyzed

This article explores the current exchange rate situation between the US dollar and the Swazi Lilangeni, noting that 5,000 USD can be exchanged for approximately 88,898.34 Lilangeni. It emphasizes the importance of understanding exchange rates to facilitate reasonable planning for international consumption and investment.