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 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 world of global trade, container shipping is the lifeblood that keeps goods flowing seamlessly across borders. Before containerization, loading and unloading of cargo was a labour-intensive and time-consuming process. The advent of standardised containers revolutionised the industry, enabling
The movement of temperature-sensitive goods around the world presents a unique challenge for global commerce and the trade and logistics industry. From pharmaceuticals to fresh produce, maintaining an unbroken cold chain is essential to ensuring the integrity and safety of
In today’s globalised marketplace, where the demand for immediacy grows by the day, it is increasingly important to have a fast and consistent supply chain. The challenge is to achieve this without significant price increases. Reducing time and costs in the
The space that goods take up in a warehouse and the duration they remain there before being dispatched are two cost factors for companies to consider. Cross-docking is an optimised goods management method that applies the principles of speed, safety