Articles
Freight Forwarders
Leverage Your Freight Forwarder to Boost Your Compliance Program
In trade compliance, we find ourselves needing to overhaul or develop trade compliance controls within our company, often alone. Executing a classification/licensing process, recordkeeping methodology, auditing calendar, or automation solution can be overwhelming. Whether you are in the position of establishing trade compliance controls, or looking to strengthen an existing compliance program, don’t overlook your […]
Read MoreNo-show Fine Could Cause Nightmares for Freight Forwarders
The recent implementation of no-shows fine by shipping liners could potentially cause ‘nightmares’ for freight forwarders, says online freight forwarding company iContainers. In recent months, shipping liners including Maersk, CMA CGM, and Hapag-Lloyd have begun implementing no-shows fines on shipments that fail to show up on vessels. iContainers warns that such a fee, while the […]
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Commentary: Mitigating Supply Chain Risk
Think of shipping cargo like a financial portfolio: It’s important to diversify. That’s because there are inherent risks when shipping via air and ocean: delays, damaged cargo, weather events, etc. Cargo insurance, though critical, isn’t always enough to protect you and your business. You need a plan that covers all the predictable and unpredictable risks, […]
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Can Forwarders Survive an App Attack?
With rumors that Uber and Amazon may be about to launch their own global freight brokerage businesses, traditional forwarders and brokers are understandably nervous. But the British International Freight Association (BIFA) reacts to current speculation by underlining "the vastly challenging and circuitous landscape" that forwarders and brokers operate in daily. Uber has already soft-launched Uber […]
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Global Logistics—February 2017
Mexican Border Wall Becoming Trade Barrier The battle over NAFTA renegotiation and trade between the United States and Mexico has been tied into the building of the border wall between the two nations promised by President Donald Trump on the campaign trail. Mexican President Enrique Peña Nieto refused to discuss the idea of Mexico paying […]
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Tim Thoma Brings It In
Tim Thoma is international logistics and compliance manager at Northern Tool and Equipment, a multi-channel retailer based in Burnsville, Minn. He has held that position since 2008. Responsibilities: Moving freight from overseas to the company’s three distribution centers. This includes managing relationships with freight forwarders and carriers, and overseeing customs compliance. Experience: A series of […]
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Seven Tips for Finding the Right Chinese Partner
China is a major trading partner for the United States, and the relationship is key for both countries. U.S. trade with China is booming, but there are issues that continue to linger, such as the U.S. trade deficit and China’s trade surplus, a Chinese fiscal policy that keeps currency artificially low compared to the U.S. […]
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The Kings of ACE
When it came time to face the ACE, HW St. John bet on an automated solution that streamlines processes and deals customers a winning hand.
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How to Determine Whether Your Freight Broker Is Legitimate
Wouldn’t it be great if you did your business trusting all of the parties involved without a shadow of a doubt? Sometimes this is indeed possible – when you’ve worked with the same partners for years, and you’ve managed to build a work environment of mutual trust and cooperation. Most of the time, however, it’s […]
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Brokers Are Commoditizing LTL Carriers… And That’s a Good Thing
Much discussion in the transportation industry centers around how less-than-truckload (LTL) resellers, or brokers, are commoditizing the LTL carrier marketplace. While carriers don’t claim that brokers are packaging up their contracts and listing them on the Chicago Board of Trade to be exchanged like pork belly futures contracts, some do believe resellers are stripping the […]
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