Freight forwarding: Definition, Types and Benefits
Freight forwarding is the process of carrying out logistics and transportation responsibilities to allow seamless movement of goods across the supply chain. Freight forwarders are
GRI charges in the shipping industry
GRI charges in shipping refer to the increase in shipping rates by ocean carriers for maritime shipping. The increase adjusts to the increasing fuel, labour
What are the upcoming technological revolutions in maritime?
Technological revolutions in maritime shipping help overcome maritime challenges by increasing security, operational efficiency, productivity, and environmental sustainability. In earlier days, maritime shipping depended on
Role of Vessel Sharing Agreements (VSA) in Shipping
Vessel-sharing agreements in shipping are legal contracts between various shipping companies or carriers that foster collaboration in the maritime industry. Every shipping company, big or
Line Handling in Shipping: Techniques and Guidelines
Line handling in shipping is mooring the vessel to the dock along the shoreline for berthing. The vessels sailing the sea reach the destination port
Importance of Transparency in Modern Supply Chains
Transparency in modern supply chains is necessary to establish credibility between suppliers, manufacturers, distributors, and consumers. Modern supply chains are a framework of resources, stakeholders,
Container Loading: Types, Tips, and Techniques
Container loading is a fundamental part of the containerization process, where different types of cargo are adequately secured inside the designated container. Worldwide shipping includes
What do you mean by FAK rate in shipping?
FAK rate in shipping is the rate applied to all freight categories to build a standard pricing structure. Exporters transporting their goods across borders for
Understanding the role of NVOCCs in global shipping
The role of NVOCC in global shipping ranges from reserving vessel spaces, looking for the best shipping rates, consolidating cargo, and issuing documents such as
Revision of the Ocean Shipping Reform Act (OSRA) in 2022
The Ocean Shipping Reform Act is a set of regulations devised by the US government and implemented by the Federal Maritime Commission (FMC) to ensure
What Are TEU and FEU in Shipping Containers?
TEU and FEU in shipping containers describe the capacity of containerships and container terminals to hold shipping containers of sizes 20ft and 40ft. Shippers across
Guide to container railroad transportation
Railroad transportation involves shipping goods from one place to another using trains. Containers are loaded onto railcars to ship them across long distances cost-effectively and
