Ascent Global Logistics Blog

September 8, 2021

Back-to-School Season Precipitates Early Launch of 2021 Peak Season

Back-to-school season is in full swing, bringing with it an early start of the traditional “peak shipping season.” However, that term is creating more concern than excitement this year due to ongoing constraints in the supply chain across all modes and most areas worldwide.

August 25, 2021

Freight Forwarders and Customs Brokers – What’s the Difference?

Global supply chains are incredibly complex networks that require involvement by various professionals who must execute different tasks. Two of the most important parties involved in an international shipment are the freight forwarder and the customs broker.

August 5, 2021

Airfreight Volumes Reach Historic Highs During First Half of 2021

In a recent report released by the International Air Transport Association (IATA), air cargo volumes continued to skyrocket almost 10 percent in June, revealing that the first half of 2021 rivals the historic cargo volumes of 2017.

July 13, 2021

NMFC Changes Effective August 7, 2021

On July 8, 2021, the Commodity Classification Standards Board (CCSB) issued Supplement 2 to NMF 100-AU.  The National Motor Freight Classification   (NMFC  ) class code changes will go into effect on August 7, 2021.

July 1, 2021

Bill of Lading Basics for International Shippers

Although the bill of lading (BOL) plays a crucial role in the international shipping process alongside the commercial invoice and packing list, its importance is not always understood. Beyond reviewing Incoterms and terms of sale, the bill of lading is essential to include in discussions between the buyer and the seller.

June 29, 2021

Truckload Market Forecast For the Remainder of 2021

As inbound container quantities, load volumes and fuel prices have continuously risen throughout the first half of 2021, freight rates and demand across all transportation modes remain high. Although forecasting continues to be unpredictable due to the significant downturn in 2020 skewing year-over-year comparisons, market trends indicate that little to no relief is on the horizon amidst constricted industry capacity and a depleted driver pool.

June 17, 2021

Proposed NMFC Changes Scheduled for August 7, 2021

Please be advised that the Commodity Classification Standards Board (CCSB) has released a Notice of Disposition outlining the proposed amendments considered at the public meeting on June 8, 2021. Dispositions resulting in amendments to the National Motor Freight Classification© (NMFC©) will be published in a supplement to the NMFC unless reconsideration is granted.

June 4, 2021

10 Benefits of Centralizing Your Logistics Management

Using a transportation management system (TMS) as a centralized repository for logistics activities can produce many benefits for shippers. By partnering with a dedicated team of experts to assist with logistics management, shippers can save time and money due to increased control, improved transparency and streamlined processes.

June 2, 2021

Freight Classification and NMFC Rules

Regardless of how much industry experience you have, determining freight classification and staying in line with the National Motor Freight Traffic Association’s (NMFTA) rules can be frustrating, especially if you get it wrong.