How to become a freight forwarder

August 31, 2019

The cost of your freight broker bond is a percentage of $75.000 which is called the bonding premium. It's usually in the range of 1%-12%, depending on your credit score and other factors. Forward and handle freight from importers or exporters. Prepare documentation and paperwork. Provide freight Logistics. Store cargo and secure its transport to its destination 0 0 Secure insurance, take care of port charges.

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Element Fleet Management (TSX: EFN) is the leading global fleet management company, providing world-class management services and financing for commercial vehicle and equipment fleets.

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Is a 3PL right for your business?

Infographic | April 20, 2021

Third-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to customers needs, based on market conditions, to meet the demands and delivery service requirements for their products. A provider of such integrated services is referenced as a third-party supply chain management provider (3PSCM), or as a supply chain management service provider (SCMSP). 3PL targets particular functions within supply management, such as warehousing, transportation, or raw material provision. Services often extend beyond logistics to include value-added services related to the production or procurement of goods, such as services that integrate parts of the supply chain.

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THE DIGITAL LINK TO SUPPLY CHAIN

Infographic | January 3, 2020

Digital technologies drive efficiency of supply chain operations. Digital collaboration enables Zara to design, produce and deliver new apparel to stores in 14 days compared to 9 months for competition. Digital Technologies 11 Ensure Data Consistency Electron, Data Interchange platform helped Levi Strauss & Co. to reduce manual tracking and tracing of inbound shipments by 98%.

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Co-creation enables business transformation led by RPA for leading logistics company

Infographic | December 23, 2019

Revenue leakage: blocked working capital. Manual F&A operations with limited audit checks, compliance & control. Siloed technology systems & fragmented operations. Establishing Center of Excellence to standardize & centralize operations. Deploying Robotics & Digital Automation TRAC to identify revenue leakage. Designing & implementing risk compliance framework.

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Warehouse safety: The dangers of modern warehouses and how to prevent them

Infographic | January 10, 2020

In order to appropriately hands any accident that many happen, make sure all employees know how to Respond to accidents and understand company procedures. Report accidents to a super. Locate fire extinguishers. Locate MSDS (Material Safety Data Sheets, and chemical spill cleanup kits.

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TOP ISSUES FACING 3PL'S AND COLD STORAGE WAREHOUSES

Infographic | January 6, 2020

Power consumption: Energy cost have increased 33% over the past decade. Consumption rose from 5.25 c/KWH to over 7.01 c/KWH this accounting for nearly 15 percent of the facilities operating cost. Next to energy, labor costs are the second largest concern for a 3PL warehouse. The demand for skilled labor is at an all time high with manufactures, repack operators and other warehouses and retailers all competing for the same worker.

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How Blockchain Can Help the Logistics Industry

Infographic | December 6, 2019

India's logistics industry will be worth USD 215 billion by 2020. A significant portion of it is still dependent on manual paperwork. A large number of companies and contractors can lead to delays, lost forms or late approvals. A transparent and decentralised digital ledger system that tracks changes in possession and ownership of goods in real-time.

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Spotlight

Element Fleet Management

Element Fleet Management (TSX: EFN) is the leading global fleet management company, providing world-class management services and financing for commercial vehicle and equipment fleets.

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