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Trucking struggles: Trucking demand vs new restrictions in hours
One of the most crucial elements of the transportation supply chain is ground freight. In 2016, trucking moved 10.55 billion tons of freight, representing nearly 71{a07a94cc3937671d33ea5954acbdc0d6a92270b52e5eb430246e04cad0722cad} of all tonnage moved in the U.S. However, new driver regulations have affected carrier capacity, scheduling, and pricing.
Force Majeure? (aka, How an Act of God Can Cost You Your Entire Shipment)
Can you afford to lose an entire shipment due to an Act of God? Not many buyers can. In shipping contracts force majeure means “an act of God” and is typically overlooked as standard boilerplate language. However, as a buyer, it’s important to understand that it basically allows a party (in this case, the seller) to suspend or terminate the performance of its obligations without being liable for breach of contract in the event of a force majeure.
35 Acronyms You May Have Seen On Your Shipping Documents (but didn’t know what they mean)
We hear our customers time and time again saying… there are so many acronyms to keep up with in the freight forwarding world. We’ve compiled a list of 35 most common ones to help:
Cargo insurance, are you covered?
You have all of your ducks in a row. The timing of the production, pickup, shipping, and receiving of your goods is down to a science. Everything is in order and you have thought of it all! Or…..have you?
Did you think about cargo insurance?
4 Things You Should Know About Shipping LCL
Shipping your cargo via LCL (Less Than Container Load) service could be the answer for your business… In this issue we will explain what to expect before your freight arrives.
U.S. Customs Holds and Exams explained
It’s probably the last thing you want to see. A notification that your cargo is on hold, or has an exam. But what does it all mean, and why your shipment?
It is important to know that this isn’t something IFF has control over. In fact, Under 19 USC 1467, Customs and Border Protection (CBP) has the right to examine any shipments imported into the United States, and you, the importer, are required to bear the cost of those cargo exams.