![]() ![]() This usually happens when goods are shipped over short distances, and there is no time for the original shipping documents to be sent and received between the seller and buyer or the Notify Party.Ī Telex Release is based on electronic or digital confirmation that the original bill of lading has been surrendered to the carrier at the port of origin. In an earlier article, we have seen that a Telex Release is the release of a consignment to the customer without having to submit the Bill of Lading (BL) at the port of discharge. Carriers charge detention as well as demurrage per container per day. Similarly, when there is a delay in releasing an empty container after unloading, the carrier will levy a charge on the customer. The free storage period varies between dry and refrigerated containers and between the different ports. Demurrage is charged to the customer by the carrier to cover port costs when it is not cleared within a specified time. Hence, the ETA updated by the carrier has to be realistic and accurate.Ĭlearance of containers is usually a priority for logistics operations failing which the received containers start accumulating demurrage after a certain number of days. In the event of any delay in receiving goods, it is the logistics department of that company that always faces the heat. Major product promotions are arranged in advance, anticipating stocks that have been ordered. Many large business organisations often sell their products in advance, even before receiving them at the port of discharge, as in the case of imported goods. Such yards plan their activities based on stack dates.Ĭontainer tracking systems help carriers to plan, retrieve, and reposition their containers once discharged and offloaded at the destination port. Containers that are ready to be loaded onboard cargo vessels for sailing and those that have been unloaded from incoming vessels are stored temporarily at container yards (CY). Well-planned stack dates help avoid container traffic pile-ups.Īn accurate container tracking system plays a major role in keeping these parties informed on the whereabouts of containers meant for transhipment and delivery. The work of a stack date planner is based on the ETA, and ETD received from shipping lines through their container tracking systems. ![]() Stack dates are decided by the port authorities in consultation with the carrier. Outbound containers that do not make it to the port within the given stack dates may miss sailing resulting in the delay of the consignment. Stack date is a window of time, usually between 2 to 5 days, within which containers – both loaded as well as empty containers have to reach the port for loading on board a cargo vessel. Stack DatesĬontainer tracking systems help carriers and port terminals in taking decisions. Let us look at the main scenarios where cargo tracking helps the parties involved in the trade and transport of goods. Monetary risks caused by delays in receiving consignments can be reduced considerably by taking immediate action. Knowing where a consignment is during the flow of cargo from the port of origin to the destination aids both these parties. If the buyer and seller have access to their cargo carrier’s container tracking system, then all that is required is to key in the bill of lading number or the container number to show the current location of their container. These two important factors can affect the expected time of departure (ETD) of cargo vessels and, as a result, the expected time of arrival (ETA) of containers at the destination ports.Įfficient and real-time container tracking systems help stakeholders locate the exact whereabouts of their cargo. However, inclement weather and delays at ports due to labour issues or infrastructure breakdowns are quite common these days. In a perfect world, assuming the seller has dispatched goods to his customer as per their agreement and in good condition, it departs the port of origin and reaches the destination port as promised and arranged. Carriers, as well as ports and terminals, also rely very much on container tracking systems to plan and arrange the movement of cargo ships and consignments. Besides, business houses are not the only ones to benefit from such a system. How does keeping track of containers help in doing business? In a nutshell, it can be said that it helps business houses take critical decisions. With that being said, how do vendors and business operators keep track of their cargo? It could be on the high seas, at the port of loading, or discharge. Of this, about 29 trillion worth were transported across the globe using multimodal containers, either dry or refrigerated.Īround 23 million Twenty Equivalent Units (TEUs) crisscrossed the oceans and overland to achieve this phenomenal cargo movement. An estimated 32 trillion USD worth of cargo changed hands in global business operations last year. ![]()
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