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CMR

The daily routine of international road freight transport cannot be imagined without the current transport document – the CMR consignment note, which is also a contract for the carriage of goods. To ensure safe freight transport, the CMR consignment note confirms and approves commitments between the parties involved in transporting goods – mainly between the … Read more

LDM Calculator

When transporting full or composite loads in a flatbed semi-trailer across Europe, a standardised unit of measurement on the truck – the loading metre or laden metre – is often used to calculate the price of a particular load. The loading metre is abbreviated as LDM, a generally accepted unit of measurement for the volume … Read more

Cargo tracking

To ensure the flow of information about the real-time location and delivery status of cargo within a specific transportation route, the sender and recipient have the option to find out either by contacting the transport manager, who is responsible for the cargo delivery or by following the cargo’s GPS data by connecting to the cargo … Read more

Freight exchange

Trends in the logistics industry have significantly changed with the active and widespread emergence of freight exchanges. As business rhythms become more dynamic and technologies advance, the popularity of various innovative online platforms, or freight exchanges, in everyday work is fostered. For trading or manufacturing companies, finding a loyal transportation service provider to build a … Read more

EORI Number

According to the requirements of the European Union customs law, all international trade participants involved in the import, export, transit of goods, or other activities related to any kind of customs procedures in the European Union, must have an Economic Operators Registration and Identification number (EORI). What is an EORI number? The EORI number (Economic … Read more

Logistics studies

Following local and international economic development trends, it seems that qualified logistics specialists will always be in demand. With the accelerating pace and volume of goods circulation, the involvement of qualified logistics specialists at all levels of logistics operations is increasingly important to ensure efficient goods movement. Why choose to study logistics? In Latvia, as … Read more

CMR insurance

Cargo insurance, or CMR insurance, is the carrier’s civil liability insurance that protects goods or cargo handed over for transportation against unforeseen damages and sudden losses. CMR insurance protects in cases of damaged cargo delivery when, according to the CMR Convention rules, the road carrier becomes civilly liable. Cargo insurance or CMR insurance – How … Read more

Freight accompanying documents

Freight accompanying documents are an integral part of international cargo transportation. In each type of cargo transportation – whether by air, sea, or land transport – the bill of lading is the most important accompanying document. Depending on the mode of transport, the types of bills of lading differ and are known as consignment notes, … Read more

What are 1PL, 2PL, 3PL, 4PL, and 5PL in logistics?

Companies in various sectors must optimize their delivery processes and streamline production capacities to meet customer demand for goods and products. This is especially important for large companies, where adapting to the changing conditions of the global economy often requires additional efforts in organizing supply chain logistics or ensuring logistics management processes. Party logistics (PL) … Read more