Key Differences Between MAWB and HAWB in Air Freight

Key Differences Between MAWB and HAWB in Air Freight

In international air freight, the Master Air Waybill (MAWB) serves as the transportation contract between the airline and the freight forwarder, while the House Air Waybill (HAWB) is the contract between the forwarder and the shipper. They differ in issuing entity, applicable parties, legal effect, usage scenarios, and document flow. However, they collaborate to form a complete transportation document chain, ensuring the safe and efficient delivery of goods. Understanding the distinction and relationship between MAWB and HAWB is crucial for stakeholders involved in international air cargo operations.

US Truck Driver Shortage Strains Supply Chain Amid High Turnover

US Truck Driver Shortage Strains Supply Chain Amid High Turnover

American Trucking Associations data reveals driver turnover rates at large truckload carriers surged to a three-year high, while smaller fleets remained relatively stable. LTL transportation maintained its strength. The growing driver shortage is potentially caused by industry growth, driver retirements, and regulatory pressures. Addressing the crisis requires a multi-pronged approach, including improving driver compensation and benefits, optimizing work schedules, and enhancing technological applications. This comprehensive strategy is crucial to mitigate the impact of the driver shortage on the logistics and transportation sector.

Pwc Reports Logistics MA Slowdown Focus Shifts to Domestic Deals

Pwc Reports Logistics MA Slowdown Focus Shifts to Domestic Deals

PwC reports a cooling down of global transportation and logistics M&A activity in Q1 2024, but with rising average deal values. Domestic consolidation is a key trend, with emerging markets showing activity. The report advises governments to optimize the M&A environment, and companies to strengthen strategic planning and make prudent decisions to navigate industry changes. It highlights the need for careful consideration amidst evolving market dynamics, suggesting a proactive approach to adapt to the shifting landscape in the transportation and logistics sector.