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Mexico Back in the Supply Chain Spotlight

Talking Logistics

Currency is stable and inflation is under control. . I have some opinions…I think drug cartels sell drugs, and those are the ones you’ve seen in the news battling back and forth…Cargo thieves steal cargo. carriers for $100K, $150K, $250K worth of cargo liability. Luckily for Mexico, the U.S.

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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

The canal is a key source of revenue for the government of Egypt, and it is one of the country’s top earners of foreign currency. Current traffic levels are less encouraging, and suggest that FY 2024/25 numbers will be even lower unless the security situation improves. Secretary of Transportation Pete Buttigieg broke ground on a $1.6

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5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

Talking Logistics

In light of what happened, some companies still look at carriers’ financials and try to avoid putting cargo on carriers that might be at risk. The fact remains that the cargo can still move with the carrier you are trying to avoid under a different bill of lading. Why does this matter?

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Currency in India: Current State of Disruption, Confusion, and Economic Slowdown

CH Robinson Transportfolio

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio. Two of India’s major currency denominations have been withdrawn since November 8. As of midnight that day, the India Rupee (INR) 500 and INR 1000—which constitute 86% of the currency in circulation in India —are no longer legal tender.

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12 Freight Charges and Freight Fees: A Guide to Common Freight Shipping Costs, Charges, and Fees

Intelligent Audit

Cargo Insurance. Currency Adjustment Factor. One common freight fee for international shipments is there to cover losses incurred with currency changes from the place of origin to the final destination. This is where invoice auditing and monitoring can come in handy to sort through all those documents may list.

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Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

blockchain-enabled] contracts could address current processes that are dependent on a lot of paperwork, letters of credit, escrow accounts, multiple currencies, and increasing governmental requirements around visibility into ports of origin, cargo contents, and general supply chain visibility.”[3]. ”[3].

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Blockchain and Why a Freight Shipper Should Care

Freightera

The technology first gained prominence as the foundation for cryptocurrencies like Bitcoin, but its potential applications now go far beyond just digital currency, and that can be especially visible in industries such as freight shipping and supply chain management. Its important and its only going to become more relevant with time.

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