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What Is the Bill of Lading (BOL)?
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The bill of lading (BOL) is an essential document in the freight shipping process that acts as the main agreement between a shipper and a carrier. The bill of lading includes the most important information about your shipments, such as shipment details, dates, addresses, and special instructions. The document is issued by a freight carrier who moves your freight to you, the shipper. Additionally, the BOL acts as a receipt for your shipment, a contract between you and the
If you’re an online business owner, we have news for you. You’re losing money. You lose money every day on potential sales orders–and there’s data to prove it. According to recent research by Baymard Institute, an average of 69.82% of online shopping carts are abandoned. This issue, known as shopping cart abandonment, is one of the […]
Digital marketing is the use of online-based technologies to promote products or services. This form of marketing leverages online tools to reach a wider audience, build sustainable relationships, and generate sales. It is an indispensable tool for small businesses that wish to thrive in today’s day and age. Here are some of the best digital […]
Transitioning from e-commerce into retail is a huge step for any business. Retail stores expand the geographical reach of your product, which increases sales tremendously and creates opportunities for more growth. While the idea of getting your product into retail stores does seem very appealing, the process of achieving it is not exactly a walk […]
Before Father’s Day 2022, many customers are looking for a unique gift, worrying about its timely and safe delivery. Let us help you organize successful Father’s Day shipping! Challenges of holiday shipping Just like any other holiday, Father’s Day requires you to be ready for proactive shipping and intensified demand for certain types of products. […]
You can overcome all the difficulties of shipping odd-size packages by getting everything in place before you launch the transportation process. What are odd-shaped and sized items? Oddly shaped and sized items don’t fit into a regular rectangular packaging crate, thus creating some additional challenges in preparation for shipping. Long, circular, or cylindrical units require […]
Modern logistics requires manufacturers and retailers to balance under different circumstances, including changing freight shipping rates. Learn how to do it within your budget. Freight shipping rates cycle The customer demand highs and lows drive the nature of freight rates from season to season. These shifts form a complete cycle of pricing policies in the […]
Inventory, also called ‘stock, refers to the complete list of goods and materials that a business holds for future resale or production purposes. Businesses regularly take account of leftover inventory after an accounting period to assign a monetary value to a company’s stock on and determine the profitability of a business. What is inventory valuation? […]
The implementation of shipment tracking can significantly benefit your logistics visibility and help you execute necessary improvements. GoShip company does its best to facilitate the shipment tracking procedure and increase supply chain transparency. Benefits of shipment tracking Shipment tracking represents one of the most influential modern supply chain and logistics tools. Today’s wide variety of […]
Fuel is one of the major driving forces in the economy, so a price change will cause economic ripple effects far from the gas pump. Businesses of all sizes require fuel and are, therefore, affected by an increase or decrease in its price. A change in fuel prices affects the operating capital of businesses, especially […]