Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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The Brief #4: Should I choose a carrier based on trade lane or based on combined global volume?
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Manage episode 221044102 series 2447088
Content provided by Xeneta. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Xeneta or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Whether you are a BCO (Beneficial Cargo Owner) with big volumes of specific cargo on multiple trade lanes or an OTI (Freight Forwarder or NVOCC) with big volumes of FAK (Freight All Kinds) cargo on multiple trade lanes, choosing the right carrier is of paramount importance to the success of your business. In this regard, the question could be whether you should choose a carrier based on trade lane or choose carrier based on global volume? The answer to this question lies in the trade lane. Although there are several global carriers such as Maersk, MSC, CMA-CGM, etc. These global carriers may not be the best fit for your supply chain, based on your specific business or trade lane. For example, if you are trading in the Intra-Asia trades, there are many smaller lines, that can provide much better service and rates compared to the global carriers. These lines that specialize in specific trade lanes, often have better connectivity, transit times, and schedule reliability. The Advantage of Combining Global Volumes The advantage however of combining your global volumes and choosing a global carrier is that if there are any adjustments to be made in the total global volume vs. local trades, it is possible. This may not be possible with a local/regional carrier. The trade-off however maybe that by combining all your volumes and giving it to a global carrier, you may be putting all your eggs in one basket, and if there is a dispute with that carrier, then you may have a problem getting out of that contract. The suggested option would therefore be to spread the volumes across a few global carriers, and in certain, specific trade lanes, where you need a more tailored solution, use local/regional carriers.
…
continue reading
45 episodes
M4A•Episode home
Manage episode 221044102 series 2447088
Content provided by Xeneta. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Xeneta or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Whether you are a BCO (Beneficial Cargo Owner) with big volumes of specific cargo on multiple trade lanes or an OTI (Freight Forwarder or NVOCC) with big volumes of FAK (Freight All Kinds) cargo on multiple trade lanes, choosing the right carrier is of paramount importance to the success of your business. In this regard, the question could be whether you should choose a carrier based on trade lane or choose carrier based on global volume? The answer to this question lies in the trade lane. Although there are several global carriers such as Maersk, MSC, CMA-CGM, etc. These global carriers may not be the best fit for your supply chain, based on your specific business or trade lane. For example, if you are trading in the Intra-Asia trades, there are many smaller lines, that can provide much better service and rates compared to the global carriers. These lines that specialize in specific trade lanes, often have better connectivity, transit times, and schedule reliability. The Advantage of Combining Global Volumes The advantage however of combining your global volumes and choosing a global carrier is that if there are any adjustments to be made in the total global volume vs. local trades, it is possible. This may not be possible with a local/regional carrier. The trade-off however maybe that by combining all your volumes and giving it to a global carrier, you may be putting all your eggs in one basket, and if there is a dispute with that carrier, then you may have a problem getting out of that contract. The suggested option would therefore be to spread the volumes across a few global carriers, and in certain, specific trade lanes, where you need a more tailored solution, use local/regional carriers.
…
continue reading
45 episodes
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