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New Incoterms 1 January 2020

The International Chamber of Commerce (ICC) published the latest version of Incoterms in September. Since 1934, these international trading rules have established the mutual obligations between buyers and sellers. They are updated every 10 years to include the experiences of users, as well as changes to international policy and new technologies. What are the key changes in Incoterms 2020?

 

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Ritra’s Supply Chain Platform is being updated

“For users and by users”; that is the direction we have chosen for the development of our Traffic Control System (TCS). This led to the appearance of a large number of functionalities, which, unfortunately, does not always benefit the user-friendliness of the system. It is time for a thorough evaluation. In cooperation with TCS users and experts, the look and feel of TCS has been fully revised. We will celebrate the go-live on 10 October. Which changes can you expect?

 

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China’s ‘Golden Week’ puts pressure on cargo liners

China’s annual ‘Golden Week’, from 1-7 October, will see most of the country take the week off work to enjoy the festivities. Production in factories will come to a standstill, which causes problems for importers every year. Large fluctuations in cargo needs during Golden Week make it difficult for goods to keep up with planned departure times.

 

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Innovation is best done together

The world of logistics is facing rapid change and major challenges. Especially when it comes to digitisation and technology. These are subjects that Ritra Cargo is continually occupied with. After all, innovation in these areas is desperately needed to ensure clients continue to enjoy the level of service they have become accustomed to. So what is the state of play in the world of logistics, which developments have we seen recently, and what’s in the pipeline?

 

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Will freight forwarders still exist in 2030?

The job of freight forwarder has been changing significantly for years. Digitalisation is the main cause for this. We often hear the question ‘will freight forwarders continue to exist?’ At Ritra Cargo, we consider digitalisation a necessity, and that is why we embrace innovation in this area. After all, it facilitates the job of freight forwarders, as well as clients and partners. This way, more efficiency can be achieved, leaving more time for providing excellent service. What effects will digitalisation have for freight forwarders in the future?

 

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