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The role of NVOCC in exporting is to cater to the growing demands of shippers and offer seamless and legal international trade. Shippers across the globe face challenges such as failure to comply with regulatory norms, risk management, documentation, customs clearances, and keeping track of market fluctuations. NVOCC is a logistics service provider that offers services such as containerization, documentation, cargo consolidation, and vessel space reservation for global shippers. It helps in offering greater flexibility and cost-effective international shipping. Let us learn more about the role of NVOCC in export.  Define NVOCC  A non-vessel operating common carrier (NVOCC) is a logistics service provider that extends its services in the maritime industry. It acts as an intermediary between small or medium businesses and ocean carriers to facilitate shipping activities, including import and export. Shippers must transport goods across borders, but not all containers can hire an...

Businesses in the trade market are investing in integrating technology in logistics to streamline supply chain operations and enhance operational efficiency. Cloud-based logistics helps businesses store, manage, and access large quantities of data from anywhere globally using the internet. Instead of using hardware and costly infrastructures, cloud computing is a scalable and cost-efficient way of real-time data sharing that enables businesses to manage logistic activities. Let us learn more about the use of cloud technology in logistics.  Use of technology in logistics   The logistics sector is an integral part of the supply chain and shipping industry that carries out activities of containerization and transportation of goods to allow easy international trade. The various types of logistics activities include:  Procurement of goods or raw materials.  Transport it to the manufacturer, warehouse, and inventory management.  Material handling.  Documentati...

Digital twins in shipping are used to create digital replicas of natural-world objects and ideas to test them under potential scenarios and note the success and failure rate of the assets and ideas. The shipping industry is immensely benefitting from the integration of digital twins as it helps improve operational efficiency and helps in cost savings that would be otherwise wasted in implementing and introducing faulty ideas and assets in the shipping market. Let us learn more about the use of digital twins in shipping .    Why is technology used in shipping?   In earlier days, importers and exporters used to conduct shipping activities by manually approaching shipping companies or ocean carriers to transport goods internationally using different modes of transport. The 3PL or 4PL logistics providers were also away from technology, which disabled them from tracking the shipment on its journey and caused miscommunication between the shipping parties due to a lack of trans...

The applications of 5G in logistics activities are helping the shipping industry in improving its operational efficiency, global connectivity, and productivity. All systems in the supply chain are interconnected at a micro level and require an internet connection with fast speed and lower latency to allow seamless data and information sharing across systems and other connected devices. Learn more about how 5G benefits logistics to improve supply chain management.    Role of technology in logistics   Technology is taking over many significant industries, including those associated with the global supply chain. The shipping, container, logistics, and transportation industries have transformed and are reaping the advantages of technology. The logistics industry is an essential part and the backbone of the supply chain that controls shipping activities of containerisation, such as procuring goods or raw materials, order processing, management, material handling, warehousing...

Container inspection is the process of detecting each shipping container before loading and after unloading it with cargo. It is a vital step in international trade, adding to national security in shipping containers crossing foreign borders. International trade has also become the hub for illegal activities where miscreants tamper with shipping containers to place drugs, weapons, human trafficking, and other illicit activities. Shipping containers are thoroughly inspected at various points during their transit to ensure cargo security and adhere to the trade guidelines of the importing country.  What is a container inspection?   The supply chain uses multiple shipping containers daily for international shipping. These containers are loaded and unloaded at various transportation hubs and ports and are thoroughly inspected. Container inspection is the process of examining shipping containers at container terminals , depots, or transportation hubs to ensure they meet the ISO-pr...