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
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
As consumers increasingly demand environmentally conscious products, companies are finding that they must adjust their logistics and supply chain management strategies to meet these demands. Sustainability has become a critical factor in the decision-making process of many organizations, and this
The fastest and most efficient way to transport things both domestically and internationally is by air. The difference in cost between air and sea transport is often quite significant. However, in some cases, this difference can be not only necessary