by Danya Rielly | Dec 9, 2024 | Glossary
GLOSSARY Freight Consolidation Freight consolidation is a logistics strategy that combines multiple smaller shipments into a single, larger shipment. For freight forwarders, this practice can significantly reduce costs, improve efficiency, and provide better service...
by Danya Rielly | Dec 9, 2024 | Glossary
GLOSSARY Backhaul Backhaul is a key concept in freight shipping that can significantly impact the efficiency and profitability of logistics operations. For freight forwarders, understanding how backhauls work and how to optimize them is essential for managing costs...
by Danya Rielly | Dec 9, 2024 | Glossary
GLOSSARY Accessorial Charges Accessorial charges are a common yet often misunderstood aspect of freight shipping. For freight forwarders, understanding these additional fees is crucial for accurate pricing, avoiding disputes, and maintaining strong relationships with...
by Danya Rielly | Mar 18, 2024 | Glossary
GLOSSARY FIRMS Code A FIRMS (Facilities Information and Resources Management System) code is a four-character alpha-numeric identifier used by the Customs and Border Protection (CBP) of the United States Department of Homeland Security. This code is assigned to...
by Danya Rielly | Jun 29, 2023 | Glossary
GLOSSARY Project Cargo Project cargo involves the transportation of large, heavy, high-value, or critical pieces of equipment. These items are typically associated with large-scale projects like construction, infrastructure development, or industrial installations....
by Danya Rielly | Jun 9, 2023 | Glossary
GLOSSARY Landed Cost In logistics and supply chain, landed cost refers to the total cost incurred to transport goods from the seller’s location to the buyer’s designated destination. It encompasses not only the cost of the goods themselves but also various...
