The list of key documents that must be verified and executed in an international shipment includes a commercial invoice, the bill of lading, Customs documents, drayage and the domestic bill of lading. On top of that, there’s a need for tracking information and accurate freight billing. Today, these are all separate transactions with records are
Prior to the turn of the century, the standard practice in freight pre-audit and payment processes was to distill the invoice down to the minimum number of fields of data needed to do a match with the bill of lading or accrued freight payable amount. If the total costs were within tolerances (usually $50) of the
Earlier this week, JDA Software Inc., a provider of AI-driven supply chain management services, and freight transportation services provider J.B. Hunt said they are meshing their respective flagship offerings, with the integration of JDA’s Supply Chain Management (SCM) platform-which provides business planning, execution, delivery and workforce solutions, with AI and machine learning to better predict
The most-delayed U.S. corn harvest on record has divided the Midwest market, jumbling trade routes for the grain that usually flows south. Signs of ample global supplies have weighed on Chicago futures, spurring farmers in eastern areas to hold back supplies in the hope of better prices. They were hurt more by a spring-time deluge
Despite the pronouncements from Washington of less regulation for businesses, in transportation there continues to be activity at all levels of government—both domestic and international. At the top of the news is the United Nation’s International Maritime Organization (IMO) mandate for cleaner fuels by 2020. The result will be much cleaner air above the oceans, but