We care about the intersection of trade and technology. Here, we publish inspirational, informative and insights-driven stories from within TradeLens and from across the global supply chain.
And, of course, we keep everyone up-to-date with the latest updates on our ecosystem, platform and marketplace.
Ports and terminals are the gateway for trade. A port that is resourceful can handle cargo more efficiently, impacting the overall progression and growth of businesses and industries. But, beyond the investments in tangible assets, there is a key aspect that can be taken advantage of, the access to complete data at the right time.
Beneficial cargo owners (BCOs) — whether they are a big box store, a transnational manufacturer, or any other large-scale importer — are increasingly turning to third-parties like freight forwarders or non-vessel operating common carriers (NVOCCs) to manage their ocean freight.
For a digitized supply chain setup, such as TradeLens, understanding the role of each network member in logistics is the key to enable them with the visibility to the right data. Further, addressing concerns with regards to data safety and visibility are at the core of establishing an effective collaboration across the industry.
In recent years, there has been a consolidated effort to nail down precise definitions of Third-Party Logistics (3PL) and Fourth-Party Logistics (4PL). Given this history, many in the shipping industry, to say nothing of their clients across the global supply chain, have sometimes struggled to differentiate between 3PL vs 4PL logistics. Here’s what you need to know to better understand the differences and determine which one is right for you.
Part of the digital growth plan for PT Salam Pacific Indonesia Lines is focused on connecting their regional supply chain business directly to the global market. To help achieve this goal the firm has joined TradeLens — part of a plan poised to enhance customer experience and allow for more efficient operations which can be translated into significant cost savings downstream.
ZIM is undergoing a new digital transformation, offering its customers and partners in global freight shipping and logistics a truly differentiated experience — with more data on their cargo, more quickly, conveniently, and securely than ever before.
The desire for streamlined regulatory compliance work, cut costs, and saved time are only some of the drivers behind the growth in digital trade ecosystems. Leaders in trade finance have been competing to develop platforms allowing them to focus on financing, rather than paper-pushing.
Whether it's global freight shipping or specialized parts procurement, mass market retail or niche e-commerce, the business of sourcing and delivering products has gotten faster, more granular, and more complex since the third-party logistics (3PL) field began its digital transformation.
Until now, it’s been hard to put a finger on just how much money trade facilitation initiatives such as TradeLens could save shippers. A new study by QBIS provides new indications.
This year Maersk was invited to speak for the first time at APLOG and TradeLens was the privileged topic.
Richard Stockley leads business development for IBM’s global trade applications of blockchain – working with supply chain organizations to harness blockchain as an enabler of digital transformation. He spoke with Helen Disney ahead of an upcoming talk in London.
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