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Stop the Spillage! 3 Overlooked Areas Where Chemical Companies Are Likely Overpaying on Freight in 2025

Freight /

In 2025, chemical companies face heightened challenges in freight management due to increased regulatory complexities, volatile trade policies, and rising operational costs. Despite advancements in logistics technologies, many firms continue to overpay on freight, impacting their bottom line. This article will shed light on three specific, often overlooked areas where chemical companies are incurring unnecessary […]

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Surviving the Tariff Storm of 2025: Why Post Payment Audits are Now Essential

Supply Chain /

Why Tariffs Are Stealing the Spotlight in 2025 We’re only a few months into 2025, and yet one word has dominated nearly every conversation in global trade and transportation: tariffs. Since Inauguration Day, the landscape has shifted dramatically—with new duties, revised agreements, and retaliatory tariffs shaking up supply chains across the globe. These rapid changes

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Reshoring and Regionalized Freight Networks: The Future of Logistics

Freight /

The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring, is driving the emergence of regionalized freight networks, optimizing supply chains for efficiency, cost savings, and resilience. Industries such as semiconductors, electric vehicle (EV) batteries, and transportation equipment are at the forefront of reshoring efforts,

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Supply Chain Evolution: Trading Reaction for Resilience

Supply Chain /

In today’s rapidly shifting business landscape, supply chain evolution has become essential. The goalposts are constantly moving due to factors like global disruptions, technological advancements, and evolving customer demands. Companies that rely on reactive strategies risk falling behind, while those that prioritize resilience are better equipped to thrive. Let’s explore the key elements of supply

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Global Compliance and Regulatory Changes in International Shipping

Transportation Costs /

Global shipping and transportation present tremendous opportunities for businesses, but they also bring complex challenges, particularly when it comes to compliance. Ensuring global compliance with rapidly changing international regulations, tariffs, and trade agreements is a significant concern for businesses involved in cross-border logistics. Staying on top of these changes is crucial to avoid costly fines,

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A Guide to Transportation Contract Management & Other Types of Contract

Transportation Costs /

Virtually every business has a relationship with a transportation company, which should be documented in a formal contract called a transportation contract. These legally binding documents highlight the array of services the transportation company provides you including, local rail drayage services, motor carriers, freight forwarding, and others.  The transportation contract is designed to document all

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How Do Market Swings Impact Shipper-Carrier Relationships?

Carriers /

In the transportation industry, the dynamics between shippers and carriers are crucial. Market swings, characterized by periods of over-supply (soft markets) and under-supply (tight markets), significantly impact these relationships. Understanding how these fluctuations affect both parties can help in developing strategies that foster mutually beneficial and lasting partnerships. Understanding Market Swings Definition of Market Swings

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The Enactment of the FMC’s Detention and Demurrage Billing Requirements: Final Rule in Motion

Carriers /

In the maritime industry, detention and demurrage charges are crucial for managing the logistics of cargo transportation. These charges serve as penalties for the late pickup of cargo or delayed return of containers, ensuring that the flow of goods remains uninterrupted. However, the lack of standardized billing practices has often led to disputes and confusion

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Baltimore Port Reopening: Implications and Strategic Adjustments

Post Audit /

The Port of Baltimore, a crucial node in the U.S. and global trade networks, has resumed operations after an 11-week closure following a significant incident. This marks a pivotal moment in restoring the flow of commerce through one of the East Coast’s most vital ports. The Incident and Closure The unexpected closure began on March

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Managing Supply Chain Disruptions: Costs and Solutions

Supply Chain /

In today’s interconnected global economy, supply chain disruptions have become a prevalent challenge for businesses across various sectors. These disruptions, broadly defined as a business’s inability to receive, produce, ship, and sell products, can have far-reaching consequences. Understanding the financial impact of these disruptions and exploring effective mitigation strategies is crucial for maintaining a resilient

Managing Supply Chain Disruptions: Costs and Solutions Read More »

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