Since the changes in the freight broker bond requirements introduced by the MAP-21 legislation back in 2013, autumn has turned into the bond renewal season for the freight industry. In the next few months, about two thirds of the nearly 17,000 licensed freight brokers are expected to undergo the yearly surety bond renewal.
In business, as in life, you're either improving or declining, growing or shrinking - there is no middle ground. In today's ultracompetitive durable goods industry, you're either evolving your business to compete faster and stronger while delivering a superior customer experience or you're allowing it to stagnate and erode, a formula which is sure to capture the (negative) attention of your customers and shareholders.
With the goal of building up a worldwide network of medium-sized freight forwarders, BuyCo For Growth sought a link to ocean carriers that would provide instant access to schedules, rates and other data critical to the movement of its customers' cargo.
Making it mandatory for airlines and freight forwarders to file advanced information about cargo loaded onto aircraft bound for the United States seemed like a foregone conclusion several years ago, but U.S. Customs late last month announced plans to extend a pilot program testing the concept for another year.
Davies Turner, a U.K.-based freight forwarder, is upgrading its two-way overland trailer services between the U.K. and Poland, through the inclusion of Bristol and Manchester hubs in its direct service network.
Third-party logistics services provider Damco has expanded its Hub-in-Transit program with the addition of hubs in the United Arab Emirates, Malaysia and Morocco.
The latest news, analysis, services and systems regarding freight forwarding and customs brokerage and their impact on global supply chains. Today’s companies are transporting and delivering goods to more global customers than ever before using freight forwarding and customs brokerage solutions that manage international business logistics and customs clearance. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using freight forwarding and customs brokerage solutions to power their supply chains.
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