Prepaid and add, along with collect are freight billing terms, although some confuse the subject with the transfer of ownership and liability occur between the seller and buyer. In this article we will cover prepaid & add and collect billing terms, along with their relationship to FOB and INCOTERMS.
Risk-taking and big changes can be daunting to any company. When a change involves the company's flow of products, which is the lifeblood of the company, the importance of choosing the correct solution and having as close to a flawless an implementation as possible is amplified several times over again.
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
MercuryGate is a competitive cloud based SaaS transportation management software (TMS) that is proven to build a competitive advantage for today’s shippers, 3PL's, freight forwarders, freight brokers, and even carriers.
Definition of Drop Shipping Drop shipping is when a seller ships its customers' orders direct from its supplier's warehouse.
Definition of a Blind Shipment A blind shipment is when consignee / receiver of the shipment is not aware of the shipper or its origin.
Definition of BCO (Beneficial Cargo Owner) BCO, beneficial cargo owner, is the party that ultimately owns the product being shipped.
Definition of Offshoring Offshoring is defined as moving manufacturing or other business processes overseas versus having them operate domestically.
SmartWay Certification Defined SmartWay is a voluntary logistics partnership program, brand and collaboration that helps companies benchmark and adjust to industry best practices to obtain the goal of enhancing the sustainability of their supply chains.
Sustainable Supply Chain Defined Supply chain sustainability are the business decisions and processes that effect the environment, in terms of waste, CO2 emissions, fuel consumption and other similar issues.
Shipping In-Bond What is meant by shipping a commodity in-bond is the product is moving within the United States borders, but has not yet been cleared through the US Customs processes to officially enter the US government authority to be consumed by citizens or companies domiciled in the US.