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Editors Note: The following is an excerpt of a research report published recently, The State of Digitization in FreightForwarding 2025. The research, conducted by Adelante SCM and commissioned by Magaya, highlights digitization trends and priorities in the freightforwarding industry.
Gary Nemmers , Martyn Verhaegen and Joe Lynch discuss digital freightforwarding – and the importance of a modern, data-driven logistics software platform to optimize every step of the freightforwarding process. Freightforwarding is one of the most difficult services within the logistics industry.
Lionel van der Walt and Joe Lynch discuss revolutionizing freightforwarding using tech, which is exactly what Raft.ai In the podcast interview, Lionel and Joe discuss revolutionizing freightforwarding using tech. is a technology company that specializes in conversational AI and natural language processing.
The only way organizations can manage large-scale operations and ease the workload of their staff, clients, and vendors is by transmitting most data digitally, implementing a robust digital process. This shift allows staff to perform better with the help of digital solutions, enabling timely responses and data transmission.
FreightForwarding Catches Up with Sharm Chelliah. Sharm Chelliah and Joe Lynch discuss the topic, “freightforwarding catches up” which refers to the recent technology advancements made in freightforwarding that has enabled it to offer a customer experience and visibility on par with tech-enabled 3PLs and freight brokers.
Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freightforwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. Key Takeaways: The Fishtail Story.
As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global FreightForwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no.
Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freightforwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time.
Utilizing fragmented systems limits logistics companies from fully leveraging the data in their systems. Data equals dollars and the 3PLs that best harvest the data (dollars) in their systems will be the most profitable. More viable and up to date data. Opportunities can be missed due to aging and irrelevance of data.
The collaboration integrates CrimsonLogic’s regulatory filing software, Advance Commercial Information eManifest House Bill (ACI eHBL), directly into the NewageNXT freight management ERP platform. By eliminating the need for double data entry and minimizing delays, customers can save significant time and manpower costs.
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freightdata that matters Learn More Empowering FreightForwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freightforwarders.
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freightdata that matters Learn More Empowering FreightForwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freightforwarders.
While people find it easy to book things like accommodations online, container owners and freightforwarders or shippers looking for available Shipper Owned Containers (SOCs) often still struggle to connect with trusted partners. As freightforwarders, we’re not the only industry that has had to digitize.
This is accomplished through Axiom-One, a next generation artificial intelligence platform that enables transportation professionals to communicate data-driven insights and recommendations more quickly and easier than ever before. BI = business intelligences and AI = artificial intelligence.
Headquartered in Chicago and with operations/availability nationwide, CDL 1000 has been trusted to handle drayage, OTR, intermodal, and transloading for 17 of the top 20 US importers and 9 of the top 10 freightforwarders. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. The Greenscreens.ai
solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior. FreightFest 23 promises to be an exciting and informative event for professionals in the industry.
Whether you’re new to the freightforwarding industry or you’ve been in this line of business for a long time, it’s easy to marvel at how the industry has evolved in recent years. Software that facilitates streamlined, efficient, affordable service is crucial to your success as a modern freightforwarder.
Today’s article is from Blume Global and highlights why air freightforwarders must help industry increase air cargo visibility. They need greater access to data to show not only where shipments are throughout the entire journey in real-time, but also their safety and integrity. To read the full article, click HERE.
With five decades of experience, DGL stands out from other freightforwarders by offering advanced consultingand contingency planning that anticipates disruptions before they occur. This data allows supply chain managers to make quick, informed decisions in the event of a disruption, avoiding potential bottlenecks.
Below are some of the advantages of working with a freightforwarder and NVOCC. Technology-Driven Solutions: Leveraging digital platforms, many companies are now offering advanced tracking, real-time data visibility, and automated booking systems, enabling shippers to make informed decisions.
KlearNow is transforming supply chains with its smart Logistics as a Service (LaaS) platform that connects data, people, processes, and organizations to enable new levels of visibility and productivity that reduce logistics costs and create better customer experiences. About KlearNow. Key Takeaways: The KlearNow Story.
Even freightforwarders suffer from limited communications in the last mile. The post Last Mile Communications Depend on Data and Technology appeared first on Transportation Management Company | Cerasis. Everyone is looking for a better way to manage last mile logistics. While not necessarily a container,read More.
The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freightforwarding process. Ø Freightforwarding and supply chain management both involve a lot of metrics and cost report requests. Working with Data. Making the Most of Technology.
The freightforwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. But it’s not just about tracking – it’s about harnessing data to predict disruptions, optimize routes, and ensure timely deliveries. But how does this translate to freightforwarding?
The Innovation Center has 4 pillars: R&D, Digital Transformation, Product Innovation, and Data Science. Erez’s broad industry experience of more than 25 years in supply chain management, freightforwarding, logistics, engineering, and digital innovation which he utilizes to develop to improve end to end supply chains.
The annual list ranks companies on the basis of annual gross revenue generated by their logistics operations, including freight brokerage, freightforwarding, warehousing and distribution and asset-based dedicated contract carriage. Freight brokerage giant C.H. Clevenger, currently based in Alexandria, Va.,
Automates data collection from multiple parties. Little integration of customs data into the digitalized supply chain. FreightForwarding Basics with Miles Varghese. The Zeus platform: 1. Stores and organizes all documents in a centralized digital library—not siloed email systems. Common Problems in Clearing Customs.
Containers left sitting too long at the port accrue charges , often because of poor coordination, slow communication, or disorganized service from freightforwarders. Large freightforwarders collect demurrage fees up to 80% of the time and issue supplemental invoices on 40-60% of shipmentsoften months later. The result?
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freightdata that matters Learn More For years, technology has been cast as a threat to freightforwarders. This conversation is far from over. Gaurav Bajaj, CEO, Solvo.ai
As noted by DC Velocity , “ most freightforwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”.
At DGL, we make this process easier by compiling, organizing, and formatting comprehensive duty drawback reports that go beyond standard CBP Form 7501 data. While some forwarders may provide basic shipment data, it often lacks the level of detail needed for a successful claim. They handle the formal submission to U.S.
Digitization in tender management is a concept that is becoming increasingly relevant to carriers and freightforwarders. The digitization of processes also enables the generation of new data, which can be used to gain a strategic view of business operations, plan resource and improve decision-making.
But for many importers, fragmented freight management leads to confusion, delays, and unnecessary costs. Managing separate freightforwarders for air and ocean shipments created disjointed communication, frequent delays, and limited supply chain visibility. Instead of efficiency, they were constantly reacting to problems.
based global logistics services provider and freightforwarder C.H. based data analytics company SAS introduced a partnership geared towards providing an end-to-end supply chain solution focused on integrating inventory and demand signal data with real-time transportation data. Minneapolis, Minn.-based
We understand the complexities and frustrations involved in freightforwarding. Importing freight to the US comes with challenges, ranging from outdated technology to inefficient communication. Problem: Lengthy Email Threads: Communication is critical in freightforwarding, but long email threads can bury essential information.
AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freightdata that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.
Larger freightforwarding companies like Flexport have purchased additional airfreight capacity to support their customers. Flexport delivers a best-in-class experience in airfreight, offering customers granular and end-to-end visibility, reliable service, and customized, data-driven supply chain solutions.
The automated manifest system is an electronic system that is used to support cargo data such as departure, arrival, and release information between the actors of shipment when importing to the U.S. Customs and Border Protection (CBP) in 2004 to keep freight under inspection, minimize potential errors and security risks.
Most shippers, carriers and logistics service providers understand the importance of data collection and data-driven decision-making. Data collected over time provides intelligence, enabling companies to enhance long-term decision-making. Artificial intelligence is a potent tool that helps companies get the most from their data.
Or, have we hit the plateau in the innovation side (the progress will never stop but do we have most of the things needed to make intelligent decisions by looking at the data provided by current solutions) as pretty much most of the solutions are more or less the same on the track and trace and customer-facing sides?
Outdated technologies limit data accuracy Data is critical for fleet management and safety, with 52% of respondents already sharing data with partners to improve safety standards. AI-driven data: The key to safer, more efficient fleet operations Integrating AI tools into goods delivery processes offers significant benefits.
The Tech Portlogics is a digital freightforwarder offering clients a robotic, automation-based forwarding management system. While they currently focus on the Korean freight market, Portlogics intends to expand to Southeast Asia and the U.S. But this doesn’t have to be the case any longer. billion in 2030, up from $2.9
The rise of technology has also rapidly increased the amount of company data, where it’s stored, and its uses. Forbes reported, “somewhere between 60-73% of enterprise data sits idle on servers somewhere in the cloud, a squandered resource never tapped for the benefit of the business.” Eliminate the Hassle of Manual Email Management.
That said, the path to supply chain visibility is filled with questions – from how to achieve it; what tools are required; to – most significantly – what insight is the business looking for; what data do you need and have available; and how to connect disconnected data sources and convert those into automatic action. from containers).
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