FAQs Questions

Last Modified: June 29, 2023

What is logistics?

Logistics refers to the process of planning, implementing, and controlling the efficient flow and storage of goods, services, and related information from the point of origin to the point of consumption.

What are the key components of logistics?

Key components of logistics include transportation, inventory management, warehousing, order processing, and information systems.

What is shipping?

Shipping is the process of transporting goods from one location to another, typically using various modes of transportation such as trucks, ships, airplanes, and trains.

What is a logistics provider or logistics company?

A logistics provider or logistics company is a business that offers various logistics services to help other businesses manage their supply chain, transportation, and distribution needs.

What is the role of a freight forwarder in shipping?

A freight forwarder is a company that acts as an intermediary between shippers and carriers. They arrange and coordinate the transportation of goods on behalf of their clients.

What is a bill of lading (BOL)?

A bill of lading is a legal document that serves as a receipt for goods shipped and as a contract between a shipper, a carrier, and the consignee (receiver of the goods).

What is a tracking number, and how can I use it to track my shipment?

A tracking number is a unique identifier assigned to a shipment. You can use it on the carrier's website or a tracking platform to monitor the status and location of your shipment in real-time.

What is the difference between freight shipping and parcel shipping?

Freight shipping is typically used for larger and heavier shipments, while parcel shipping is used for smaller and lighter packages. Freight shipping often involves palletized or crated goods, while parcel shipping involves individual packages.

What are Incoterms, and how do they impact shipping and logistics?

Incoterms (International Commercial Terms) are standardized international trade terms that define the responsibilities and obligations of buyers and sellers in a sales contract. They specify who is responsible for shipping, insurance, and customs clearance.

How can I optimize my logistics and shipping operations for cost-efficiency?

Optimizing logistics and shipping operations involves strategies like route optimization, inventory management, choosing the right transportation modes, and leveraging technology for real-time tracking and data analysis.