¿Qué son los Operadores de Transporte Multimodal (OTM) en Colombia?

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¿Qué son los Operadores de Transporte Multimodal (OTM) en Colombia?   En Colombia, OTM se refiere a Operador de Transporte Multimodal. Es la combinación de dos o más modos de transporte (terrestre, marítimo y/o aéreo), a efectos de un único contrato para sus mercancías consolidadas (LCL) o contenedores completos (FCL) desde un punto de origen hasta […]

What is Bonded Cargo?

What is Bonded Cargo? “Bonded” is a term applied to the status of goods temporarily admitted to a country without the payment of duties to be stored in a transit warehouse or for subsequent shipment to another point, where the respective taxes will be charged. Bonded or in-transit cargo is especially useful for companies receiving […]

Some common extra charges you might encounter in OTR logistics

Some common extra charges you might encounter in OTR logistics In the context of logistics and transportation, “OTR” stands for “Over-The-Road,” referring to long-distance trucking or transportation services that involve moving goods by road over significant distances. OTR logistics often come with various charges and fees that can add to the overall cost of transporting […]

Accessorial charges in land transportation in USA

Accessorial charges in land transportation in USA When you receive the rates for any drayage service the times you have worked either with a Freight Forwarder or a trucking company in the United States, you may have noted that there are some charges named as accessorial charges, which can normally cause some confusion and lead you […]

The benefits of using artificial intelligence (AI) in the E-commerce Industry

The benefits of using artificial intelligence (AI) in the E-commerce Industry As we mentioned in our previous article, the E-commerce industry has rapidly evolved, reshaping the way consumers shop and businesses operate. Amid this dynamic landscape, Artificial Intelligence (AI) has emerged as a transformative force, revolutionizing various aspects of E-commerce. From enhancing customer experiences to […]

How the current recession is impacting on Logistics and expectations for 2023

How the current recession is impacting on Logistics and expectations for 2023 Before Russia invaded Ukraine, the world was trying to slowly recover from the pandemic and projections for the global economic growth for 2022 were around 5%, but the invasion generated a shock over the global economies impacting the markets and slowed the growth […]

In Motion prepares to be in Transport Logistic

We are ready to be at the world’s leading trade fair for logistics, mobility, IT and supply chain management, Transport Logistic 2023 In Munich. Spectative exhibitions are great and it makes us really happy to be able to participate in this great exhibition.

New duty refund scheme on India Exporters

*Attn : Indian Exporters **All export incentives to be replaced with a duty refund scheme* _The MEIS scheme was challenged by the United States at the World Trade Organisation.__Reimbursements will be done through a freely transferable scrip._India’s export incentive scheme called Merchandise Exports from India Scheme (MEIS) will be scrapped and replaced with a new […]

U.S. Market News: Dollar Slips,and other currencies.

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The U.S. dollar drifted slightly lower again overnight and the Bloomberg Dollar Spot Index is in line for its fourth consecutive decline ahead of this morning’s inflation data.  The headline prints are pushing the dollar weaker this morning as price pressures have cooled further.  The so-called core consumer price index rose 2.0% on a yearly […]