Restricted Party Screening Restricted party screening (also known as denied party screening) is a process used to ensure compliance with laws and regulations that prohibit or restrict certain individuals or entities from participating in business transactions. It involves checking the names of individuals, companies, and organizations against lists of restricted parties compiled by government agencies, such as the U.S. Office of Foreign Assets Control (OFAC) or the U.S. Department of Commerce’s Bureau of Industry and Security (BIS). The purpose of restricted party screening is to prevent busi ..read more

How businesses are benefiting from latest TMS solutions The world of logistics has experienced a surge in the use of technological innovations, particularly in transportation management systems (TMS). Despite the buzzwords surrounding digitalization and supply chain visibility, the journey of incorporating these advancements into a trillion-dollar industry is not always easy. This article will explore the technological innovations in TMS that are making a real impact on the lives of logistics professionals. The focus will be on systems integrations and cloud-based solutions. When it comes to ..read more

BOL (VICS bill of Lading) and LTL (Less than Truckload) Less-than-truckload (LTL) shipping is a type of shipping where multiple small shipments are consolidated into one larger shipment and transported by a carrier. LTL shipping is often used for shipments that are too large to be shipped as parcel but not large enough to fill an entire truck. When it comes to LTL shipping the BOL plays an important role in the process. The BOL for LTL shipping will include details about each of the individual shipments that are consolidated into the larger LTL shipment. The BOL will also include information ..read more

Shipping Dangerous Goods / Hazardous Materials Dangerous goods are hazardous materials or items that pose a risk to people, property, or the environment due to their chemical, physical, or biological properties. Examples of dangerous goods include explosives, flammable liquids and gases, corrosives, and toxic or infectious substances. To ensure the safe transport of dangerous goods, governments and international organizations have established regulations and standards that must be followed when handling, packaging, labeling, and shipping these materials. These regulations typically cover topi ..read more

Address Validation Address validation is a process that ensures that the shipping address provided by a customer is accurate and complete. This is important because incorrect or incomplete shipping addresses can lead to delivery delays and additional costs in the form of address correction fees. Your shipment might need to be rerouted or returned to the sender. FedEx vs UPS vs Independent 3rd Party Service Providers Both FedEx and UPS offer address validation services to help ensure that the addresses you provide for shipments are accurate and deliverable. In addition, Address validation ..read more

What is Spot Quote? A spot quote is a price quote for a shipment of goods that is valid for a specific period of time, usually a few days. Spot quotes are typically used for shipments that are needed on a one-time or ad-hoc basis, rather than on a regular or ongoing basis. Spot quotes are often used in the transportation and logistics industry, where carriers and shippers may need to quickly arrange for the transport of goods on a short-notice basis. For example, if a shipper has an urgent need to ship a large quantity of goods from one location to another, they may request spot quotes from m ..read more