Key Incoterms Guide Aims to Cut Trade Risks Costs

Key Incoterms Guide Aims to Cut Trade Risks Costs

This article provides an in-depth analysis of 10 commonly used Incoterms in international trade, based on Incoterms® 2020. It details the responsibilities, risk transfer, and cost allocation for each term, offering practical selection strategies and risk mitigation advice. The aim is to help businesses optimize costs, reduce the risk of logistics disputes, and ensure trade security. This analysis provides valuable insights for navigating the complexities of international commerce and making informed decisions regarding Incoterms.

01/26/2026 Logistics Encyclopedia
Read More
Retail Suppliers Tighten Credit As Bankruptcy Risks Rise

Retail Suppliers Tighten Credit As Bankruptcy Risks Rise

The wave of brick-and-mortar retail bankruptcies is impacting suppliers, exposing them to accounts receivable risks. Suppliers are forced to shorten payment terms, diversify their operations, and even explore direct-to-consumer sales. In the new retail era, suppliers and retailers need to forge closer partnerships to share risks and benefits. This includes collaborative forecasting, transparent communication, and potentially, shared ownership or profit-sharing models to ensure mutual success and resilience in a volatile market.

01/29/2026 Logistics Industry Insights
Read More
Lean Manufacturing Boosts Efficiency in Industry Practices

Lean Manufacturing Boosts Efficiency in Industry Practices

Compdata's survey reveals widespread adoption of Lean Manufacturing in the manufacturing sector, with 5S being the most frequently used tool. Implementing Lean Manufacturing can lead to reduced costs, increased efficiency, improved quality, and enhanced employee satisfaction. However, companies need to overcome challenges such as cultural resistance and skill gaps. Continuous improvement and the selection of appropriate tools are crucial to fully leverage the benefits of Lean Manufacturing and enhance competitiveness. Successful implementation requires a commitment to change and a focus on optimizing processes across the organization.

01/28/2026 Logistics Industry Insights
Read More
Arrive Logistics Raises 300M to Advance Freight Technology

Arrive Logistics Raises 300M to Advance Freight Technology

Arrive Logistics has secured over $300 million in funding, led by ATL Partners, to fuel its technology, service, and team expansion. The company will continue investing in its proprietary technology, expanding its less-than-truckload (LTL) and intermodal services, and growing its team. This investment will enable Arrive Logistics to further distinguish itself in the digital transformation of the logistics industry and solidify its position as a leader. The funding will support Arrive's growth trajectory and innovation within the transportation sector.

02/11/2026 Logistics
Read More
WCO Uses Digital Tools to Enhance Customs COVID19 Response

WCO Uses Digital Tools to Enhance Customs COVID19 Response

The World Customs Organization (WCO) has released the third edition of its COVID-19 Project Communication, exploring the role of digital customs in disaster relief. Sharing experiences from multiple countries, the communication aims to enhance member states' capacity to respond to emergencies. It highlights how digital solutions can streamline customs procedures, facilitate the rapid movement of essential goods, and improve coordination among stakeholders during crisis situations. The WCO emphasizes the importance of leveraging technology to build resilient and responsive customs administrations capable of effectively managing future disasters.

02/12/2026 Customs Knowledge
Read More
Ocean Freight Contracts Face New Challenges Amid Industry Shifts

Ocean Freight Contracts Face New Challenges Amid Industry Shifts

This article explores the evolving landscape of ocean freight contracts through an interview with the founder of Catapult International. It highlights increased market volatility and the application of digital technologies. The article emphasizes the need for businesses to re-evaluate contract terms, leverage digital tools, and strengthen collaboration with carriers to address current challenges. By adapting to these changes, companies can better navigate the complexities of the ocean freight market and mitigate potential risks.

02/12/2026 Logistics Industry Insights
Read More
Study Warns of Efficiency Traps in Standardization Efforts

Study Warns of Efficiency Traps in Standardization Efforts

Process standardization enhances efficiency, but excessive standardization can hinder it and disrupt collaboration. Businesses should maintain flexibility and innovation, building complete workflows and strengthening departmental collaboration. Data-driven insights and user understanding are crucial for dynamically adjusting and optimizing processes. Entrepreneurs need to coordinate departmental relationships, ensure seamless information flow, and lead their teams to success. Balancing standardization with adaptability is key to achieving optimal efficiency and fostering a collaborative environment.

02/02/2026 Logistics Industry Insights
Read More
Amazon Revamps Inventory Reporting System

Amazon Revamps Inventory Reporting System

Amazon is replacing six existing inventory reports with the new Inventory Ledger. This article provides an in-depth analysis of the new report's structure, types, and data logic. It also offers strategies for finance professionals to adapt to the changes. The goal is to help sellers better manage their inventory, improve operational efficiency, and gain a clearer understanding of their stock levels through enhanced data insights. The new ledger aims to streamline inventory tracking and provide a more comprehensive view of inventory performance.

12/31/2025 Logistics
Read More
Googles Consent Mode V2 Mandatory for EU Marketers

Googles Consent Mode V2 Mandatory for EU Marketers

This article delves into the significance and implementation of Google Consent Mode V2, highlighting its crucial role for businesses serving EU/EEA customers in personalized advertising and analytics. It details the differences between the new and old versions, emphasizing the necessity for businesses to upgrade. The article provides a step-by-step guide to facilitate a smooth transition and avoid data loss and marketing disruptions due to non-compliance. It aims to help businesses understand and implement the necessary changes to adhere to GDPR regulations.

12/30/2025 Logistics Industry Insights
Read More
Maldives Customs Strengthens Leadership for Strategic Reforms

Maldives Customs Strengthens Leadership for Strategic Reforms

The Maldives Customs Service held an executive retreat to drive the implementation of the Mercator Implementation Plan. Focusing on organizational development, team building, and individual leadership, the meeting featured tailored training and interactive sessions to enhance the comprehensive capabilities of the customs leadership team. The Commissioner emphasized immediate action, urging the development of action plans to collectively build a more outstanding customs service.

02/06/2026 Customs Knowledge
Read More