Do you supply product to big-box retailers? Have you explored the option of retail consolidation?
Logistical activities could be impacted this week and next as Winter Storm Niko drops heavy snowfall on the northeastern portion of the United States.
Bill Goodgion, President of Ascent Global Logistics, recently talked with Susan Avery from My Purchasing Center (MPC) regarding the rebranding of Ascent Global Logistics as well as the road ahead for logistics professionals.
On behalf of our entire team, we are extremely proud to introduce Ascent Global Logistics.
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.
A final rule was recently published in the Federal Register, impacting all ITAR (International Traffic in Arms Regulations) and all BIS (Bureau of Industry and Security) controlled exports. Effective November 15, 2016, all ITAR or BIS controlled exports will be required to list a revised Destination Control Statement (DCS) on the commercial invoice.
Incoterms are standardized terms used within international trade to outline the exact delivery terms between a buyer and a seller. Incoterms summarize who is responsible for loading and unloading, delivery, payment and insurance.
The Panama Canal and Suez Canal are longtime rivals within the container shipping industry as both canals support the flow of global trade by shortening historical trade routes. Container ships have continued to grow in size and the canals noticed the need for expansion projects in order to keep pace with the industry.
Increasing consumer demands mean that suppliers and customers have to work together to satisfy the end-user. In today’s economy, sometimes that means switching from traditional logistics to JIT (Just In Time), which means smaller quantities of products are moving from suppliers to customers as they are needed, rather than being shipped in mass quantities and sitting in a warehouse.