In this article we unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms.. Maritime Industry = anything related to the ocean, sea, ships, navigation of ships from point A to point B, seafarers, ship …
Read More »The UAE and Saudi Arabia will be the first two countries to launch VAT from January 1
To register VAT in UAE – https://eservices.tax.gov.ae/en-us/login The Federal Tax Authority (FTA) has announced the supplies that will be subject to Value Added Tax (VAT) as of January 1, 2018, revealing selected sectors that will be assigned zero-rated tax, such as education, healthcare, oil and gas, transportation and real estate. …
Read More »Freight Forwarding BPO
BPO DEFINITION – BUSINESS PROCESS OUTSOURCING (BPO) is basically outsourcing some of the non-essential internal business activities and operational process to a contracted third-party service provider thereby transferring responsibilities to perform as per agreement. In Freight Forwarding & Shipping industry, there are lots of coordination and data entry work required …
Read More »Difference between Freight Forwarder and NVOCC
This post describes the main differences between an international freight forwarder and an NVOCC according to the Federal Maritime Commission (FMC) of the United States. Most of the information in this post is taken from the FMC’s own website. Ocean Transportation Intermediaries (OTIs) are either Ocean Freight Forwarders or Non-Vessel-Operating …
Read More »Benefits of Selecting an Independent Freight Forwarder
Benefits of partnering with an independent freight forwarder There are many questions to ask when deciding on whether to choose a large multinational freight forwarder or a small independent freight forwarder for international and domestic logistics and freight services. This post will go through the question of “Why Choose an …
Read More »Top 10 logistics companies around the world
The world’s top ten logistics firms account for billions of dollars in revenue each year, but, often being divided into a number of operations; it is sometimes difficult to ascertain which are the largest. Here, Supply Chain Digital looks at the top brands around the world, listed according to revenue …
Read More »Expectation from a Freight Forwarder
Freight forwarders handle the shipment of freight across several carriers and modes of transport. A freight forwarder will arrange carriage—from origin to destination—contracting with carriers that will handle the freight as well as processing any necessary paperwork. Typically, freight forwarders are hired to handle international freight shipments. What to Expect …
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