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Incoterms® (International Commercial Terms) serve as essential guidelines in international trade, defining the responsibilities of buyers and sellers regarding the delivery of goods. Established by the International Chamber of Commerce (ICC), these rules are crucial for avoiding misunderstandings in global
The Federal Maritime Commission (FMC) issued its long-awaited final rule on detention and demurrage billing practices in 2024. This regulation is a critical development for shippers, carriers, and logistics providers, aiming to increase transparency, accountability, and fairness in how these
Efficient material handling is the backbone of a successful supply chain. It encompasses everything from the movement and storage of raw materials to the management of goods in warehouses and their transportation to end-users. However, inefficiencies in material handling can
Supply chains are increasingly complex, with companies sourcing, manufacturing, and distributing goods across multiple regions. To manage these complex logistics networks, many businesses are turning to 4PL (Fourth-Party Logistics) services and supply chain control towers. Noatum Logistics offers advanced 4PL
The US East and Gulf Coast dockworker strike, which began on the 1st October 2024, has been temporarily resolved after three days of disruption, but the risk of further strikes remains. The strike, led by 45,000 members of the International Longshoremen’s
In an era defined by digital transformation and technological advancements, automation has emerged as a game-changer in the logistics industry. Automating logistics processes offers numerous benefits for businesses seeking to streamline operations, enhance efficiency, and stay ahead of the competition.
In today’s digitalised world, data analytics has emerged as a game-changer across industries, including logistics. The ability to collect, analyse, and derive actionable insights from vast amounts of data is revolutionising the way logistics companies operate, enabling them to optimize
The global economy
In today’s fast-paced global economy, the role of technology in supply chain management has become increasingly crucial. As businesses strive to stay competitive and meet the ever-evolving customer demands, leveraging technology has become essential for streamlining operations, optimising efficiency, and
In the fast-paced world of Fast-Moving Consumer Goods (FMCG), efficient supply chain management is essential for success. One critical element of a well-functioning supply chain is strategic warehousing. By strategically locating and managing warehouses, FMCG companies can streamline operations, reduce
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