Shipping and Logistics Blog in Nigeria
As the world continues to go deeper into the world of digitization, the shipping industry is not left behind. From e-Commerce, e-Form M to e-Bill of Lading, the conversation for increased digitization of the...
The House of Representatives has asked the Central Bank of Nigeria (CBN) to suspend the planned implementation of an electronic invoice (e-invoice) for all import and export operations, alleging that the policy was “hurriedly”...
Shippers in the United States are set to challenge shipping lines to claw back demurrage fees at Los Angeles and Long Beach ports. Cash-rich container lines are facing a backlash from disgruntled shippers ready...
The Nigeria Customs Service has crossed the N2 trillion mark in its revenue generation, its Comptroller-General Hameed Ali has said. Ali, who disclosed this in Abuja on Friday at the graduation ceremony for Customs...
In the face of common challenges facing the Nigerian logistics and freight forwarding industry, Fortune Global remains ever committed to surmounting these challenges in the most constructive way possible and driving positive values in...
Research has shown that several organizations in Nigeria are vulnerable to post-audit penalties due to greater emphasis on lower logistics costs than compliance and technical expertise. A post-clearance audit is used to determine whether...
There are certain rules and regulations governing trade globally. Likewise, specific documents are mandatory requirements for cross-border importation and exportation of goods in every country. Though there are universal documents like the Bill of...
Volatile cost of shipping, unexpected delivery delays, and mistakes in import documentation are among the most critical challenges that importers continue to encounter in Nigeria. Nevertheless, importers ought to consult or engage import...
Recent studies have shown that customer service is at the heart of the strategic objectives of over 90% of logistics service providers across the world. Specifically, several logistics industry players consider the ability to...
In the face of enormous infrastructure deficit, operational inefficiencies, port congestion, extremely cumbersome cargo clearance processes, high cost of transportation, non-compliance, huge competency gap across several industry verticals, the Nigerian logistics industry has also...
