On March 26, 2020, the Commodity Classification Standards Board (CCSB) issued Supplement 1 to NMF 100-AT. The National Motor Freight Classification (NMFC) class code changes will go into effect on April 25, 2020.
Each year, shippers spend hundreds, even thousands, of hours examining freight bills for accuracy. Thorough freight audit is necessary to prevent overcharging, but is the time that it takes internal resources to audit carrier bills the best use of time?
Do you know the key differences between contract, volume and spot less-than-truckload (LTL) rates? What about the advantages and disadvantages of each option? Our transportation experts are here to help you understand the most common types of LTL shipping rates.
Coronavirus (COVID-19) continues to wreak havoc on global supply chains. While China’s manufacturing and logistical networks have started recovering, the U.S. is just beginning to feel the COVID-19 logistics impact. Ascent’s global transportation and trade team has compiled three tips to help companies know what to expect in the weeks to come.
Each year, importers place millions of purchase orders with overseas suppliers. With little to no visibility, collaboration, or transparency in place, importers spend countless hours each week manually managing their purchase orders.
New developments continue surrounding the coronavirus (COVID-19) outbreak. Below are the critical things you should know:
Over the last week, many events in international trade and the global supply chain have occurred. Below is a recap of the critical things you should know:
The coronavirus outbreak continues to cause disruptions to the global supply chain. The ocean carriers are continuing to void sailings or cancel port calls to reduce space, trying to deal with a lack of China base port cargo.
As the coronavirus outbreak worsens, global supply chains have begun to suffer the effects of the fallout. Due to the delays in inland truck transport caused by coronavirus restrictions, many refrigerated containers (reefers) filled with perishable cargo for the Chinese population are unable to connect to power via reefer plugs at terminals while waiting to be picked up by a truck.