Shipping costs have risen recently, driven up by factors such as fuel prices, labor costs and port congestion. This has led to businesses frequently underestimating them. This is whycalculating your Landed Costis important. It’s essentially all the costs associated with getting your products to...
In the relationship with ocean carriers, NVOCCs take a role of a shipper. In the capacity of shippers, they can use the preferential rates for a large amount of cargo and service contracts (S/C). NVOCCs have the flexibility of large-sized shipments and are supplementary to the collection ...
The BAS often differs from customer to customer, depending on factors such as cargo type, nature of the commodity, overall container volumes that the customer controls, regularity and consistency of cargo flow, corridors involved, routing, equipment size and type, strategic importance to the Containe...
According to a German Logistics Association (BVL) study, around 50% of the surveyed retail, industry and logistics service providers are aware that their future lies in the application of industry 4.0 technologies to supply chain processes. Moreover, they identify factors like fully digital processes...
Having established that regional prices or freight rates are co-integrated, usually based on the test methodology of Johansen (1991), most of the above studies proceed to model them jointly in the Vector Error Correction (VEC) model framework (see, for instance, Veenstra and Franses, 1997; La...
Unfortunately, freight shipping is sometimes delayed by factors outside of anyone’s control. As a result, we have seen a number of shippers struggle to keep track of where their shipments are at a given time. Having online tracking tools in place, or partnering with a provider, is an effe...
Conversion factors are maintained to handle the different units (the unit set's base unit and the alternative unit) for a particular item. apportioning Dividing the fixed landed cost amount of the header into partial amounts on the related lines....
changes in prices and availability of materials and other inputs and services, such as freight and postage, required by the Company; other risks and uncertainties, including but not limited to the risks described in Part I, Item 1A, “Risk Factors” of ...
Plenty of deciding factors goes towards deciding the right venue to hire, starting from deciding the theme or interior décor needed for the place, proximity from various destinations to the alternative flooring you wish to have for your event. The formal meetings are a bit sophisticated and ...
According toSouth China Morning Post, Shanghai aims to lower down restrictions on June 1. However, the production backlogs could lead to airfreight congestion in the coming weeks as they decide to loosen the pandemic restrictions. Despite this, the vast majority of shops, restaurants, and enterpr...