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Personal shippers and businesses should be taking advantage of the opportunities presented by the existence of freightforwarders. Hence, it is not surprising that early analysis indicates that 8 out of every 10 participants in the survey had never heard of the term “freightforwarding.”
November will be seen in the British International Freight Association’s (BIFA) history as an auspicious month with the first meeting of its new Sustainable Logistics Policy Group, managed by Mike Jones, policy advisor for sustainability and environment.
A freightforwarder mainly acts to manage the transits of international products so that once they have been unloaded, they make the journey to their final destination. The video presents an example explaining how a freightforwarder works, the services they offer in order to help logistics clients to manage merchandise.
For freightforwarders , the adoption of digital platforms translates to expanded services and democratized access. As an exec in the logistics technology industry, this evolution presents an exciting array of opportunities. The tangible impact of this digitization on revenue is noteworthy.
Stefan Krauter continues to explain: “It would also have been a good option for the management and employees to continue going completely alone, but since the ideal new strategic owner was found in NX Group, we were ultimately convinced that this was the right way to go forward.
The decade that passed, saw the rise of several hundred startups in the shipping and freight industry heralding the arrival of the Digital FreightForwarder and Digital Alliances by shipping lines designed to offer customers digital freight solutions.
In the traditional model, products such as electronics sold into Europe would have entered in a container in bulk through ports like Antwerp or Rotterdam, been deconsolidated by a freightforwarder in the Benelux or transshipped further into Europe. The post How Disruptive is Global E-Commerce?
For a third year in a row, the health and safety standards across the Davies Turner Group have led the UK Royal Society for the Prevention of Accidents (RoSPA) to presenting the company with an internationally-recognised award. He adds: “In a very competitive awards scheme, to receive a Gold Award once is an achievement.
Freightalia has partnered with the Pangea Group, a network association that unites more than 300 independent freightforwarders from around the world in order to give their members access to this powerful automatic quoting system and help them to further their engagement with exporters, importers and agents.
Go Beyond, taking place on 12 November in London gathers 250+ innovators across the physical operations industry, including Otto Car, Lanes Group, Fraikin, and more. At the event, Samsara also announced a strategic partnership update with ACSS, further emphasising its commitment to driving technology innovation across the industry.
Editor’s Note: This is a blog by one of our affiliate partners, Global Vision Group , a Federal Maritime Commission licensed Non Vessel Operating Common Carrier (NVOCC) and Ocean FreightForwarder (OFF). A 3PL partner that will always present the facts to you, no matter how disconcerting they may be.
But real progress isn’t always so apparent in freightforwarding. 2 INNOVATION NEEDS STRUCTURE AND TIME The group uses something called an “Innovation Cycle” to devise ideas and get it out into the real world. A core concept is written and presented to a product development board. . – James Joyce.
There were many outstanding entries for the 2021 Awards, which were presented at the Brewery in London, despite a year beset by multiple operational difficulties and uncertainties caused by the pandemic and EU Exit.
in 2020 and will hit EUR557 billion by 2025, Simon Wong, CEO of the U-FreightGroup , says his company is ready to meet the ever-increasing challenges of providing logistics services to this rapidly expanding sector of global trade. Commenting on a recent report that suggests the global e-commerce logistics market grew by 27.3%
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . Forwarding parity with value-added services.
The initiative was established by the Australian Government to accelerate delivery of agricultural and fisheries exports into key overseas markets, as Etihad Cargo reports that over 560 Australian businesses already registering their interest in utilizing the International Freight Assistance Mechanism.
Progress in ocean digitalization Discussion of the role of technology in ocean freight was more prominent at TPM than ever. Otto Schacht, former CEO of K+N remarked that, back in 2000, he felt ocean freightforwarding was on the cusp of a major digital shift.
The market segment includes mainly freightforwarders, shipping lines, exporters, importers and customs brokers; each one of them making use of different services, as their roles in the global supply chain are different. Exchange: legal transfer and presentation of original electronic title documents. Digital Logistics.
The Rhenus Group has acquired the Canadian-based customized logistics solutions specialist Rodair , which has its headquarters in Toronto. The core business activities at Rodair involve international freightforwarding, project logistics, courier, warehousing and distribution, 3PL services, and e-commerce solutions.
The World of Freight (WOF) and cargo forum two-day conference highlighted key themes such as E-commerce, Sustainability, and Digitalization, presenting 46 renowned experts including representatives from Lenovo, Nokia, Maersk, and Huawei. Key takeaways emphasized innovation, adaptation, and collaboration.
Leading international forwarder, Rhenus Logistics has acquired European road freight specialists, PSL Group. ” John King, managing director of PSL Group, added: “Becoming part of the Rhenus group enables us to present new opportunities and services to our clients.
Contract logistics specialist DHL Supply Chain has acquired Colombia-based logistics services provider Suppla Group for an undisclosed sum. At present, DHL manages service logistics operations in Colombia, which is supported by a recently opened warehouse facility in Bogotá. LBR Staff Writer. Published 23 May 2018. Compliance to U.S.
The CMA CGM Group announced today that it has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics. The negotiations are in line with the CMA CGM Group’s long-term strategy, based on the two pillars of shipping and logistics. The Group transported 21.7
The Nordic-based logistics forwarder Scan Global Logistics (SGL) has purchased Horizon International Cargo Limited , a traditional air and ocean forwarder headquartered in the UK. ” A strong cultural fit is an essential step in SGL’s acquisition strategy.
Companies such as Cargomind, CEVA Logistics, Packeta Group, GLS Slovakia, FEDEX, LOT Polish Airlines, Turkish Cargo, Budapest Airport, and many others presented themselves at the exhibition. REGIONAL SMART FREIGHTFORWARDER – LANGOWSKI LOGISTICS. MULTINATIONAL SMART FREIGHTFORWARDER – KUEHNE + NAGEL.
The use of the brand logo has been adapted to align with central corporate strengths, while core elements of the external presentation in marketing formats have been fundamentally revised. With our new visual language, we will now also be able to better present these strengths. The timing was really ideal.
The Maersk group recently and rather surreptitiously launched a website and Facebook page for a digital freightforwarder called Twill Logistics and associated with their DAMCO brand. While the future of freight is transparent, freight in the present has already gone online. Everything is a Choice.
Imperial Logistics has formally opened the new Volkswagen Group Packaging Centre which it is managing and operating at JadeWeserPort, Wilhelmshaven (Germany). ” Thomas Zernechel, Head of Volkswagen Group Logistics, added: “The choice of Wilhelmshaven as location is of strategic importance for Volkswagen Group.
These days various reputed logistics group like Jayem Logistics have come up with the online goods transport booking services at very reasonable rates. Therefore, freightforwarding is an enormously recognized and ademanded service these days. On Time Delivery.
Palletised freight distribution network, Pall-Ex Group, is celebrating a business milestone with 193 of its longest-serving employees collectively reaching 1,800 years of service. Across Pall-Ex Group, 14% of its employees have reached their ten-year milestone, with the longest serving achieving an impressive 45 years’ service.
The theme of this year’s conference, “Go Beyond,” presents a bold vision for supply chains of the future, centred around automation, innovation and collaboration. FourKites will also showcase leading-edge innovations with its strategic partners Volvo Group, Qualcomm Ventures and Zebra Technologies.
Deutsche Post DHL Group can look back on another very good financial year. The Group’s operating profit climbed by 7.2% Group revenue was up by 5.4% Deutsche Post DHL Group has applied the IFRS 16 accounting standard with effect from the beginning of 2018. billion in the 2017 financial year. per share proposed.
Well, routed transactions occur when an overseas buyer agrees with a freightforwarder or other agents to export the commodity from the United States. Often, exporters are grouped in the same category of the U.S. The sanctioned freightforwarder will need the following data from the USPPI: The name and the address of the USPPI.
Incoterms 2020 are classified into four groups. These rules are grouped based on the fees, risk, responsibility for formalities, and issues concerning import and export. Group c is the main carriage and here, the seller concludes a transport contract with the forwarder and takes the costs. Divisions of Incoterms.
Through DHL’s unique family of divisions Deutsche Post DHL Group is the most international company worldwide, present across 220 countries and territories and online retailers are able to leverage the Group’s strong global footprint for their e-commerce retail strategy. www.dpdhl.com.
Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Zvi Schreiber, CEO of Freightos Group, added that rates could continue to climb in this way because “ocean freight service has proved to be quite an inelastic good.
According to IMARC Group, the UK logistics market reached £394 billion in 2023 and is expected to reach £664 billion by 2032, with an anticipated growth rate of 6% per year. “Companies often pick the logistics partner with whom they are most familiar and have the greatest trust.
Samskip Air will be managed by Hans Blauw, whose 35-year resumé reads like a Who’s Who of air freight, including executive positions with KLM, Hellman Worldwide, FedEx, TNT and ALM (Aircraft Load Management).
Unlike many events with an educational flavour, Supply Chain Leaders Insights doesn’t deliver canned theoretical presentations that you could find online with a little research. GPSM: Freightforwarding. SmartFreight: Freight solutions provider. Fracht: Freight and logistics service provider.
The U-FreightGroup was an early entrant into the world of eCommerce logistics, and over the last few years several of the company’s warehouse facilities across Asia, North America, and Europe have been equipped to enable them to act as EFCs. “The
By combining the Group services of Contract Logistics, FreightForwarding and Distribution & Express and integrating them on a single online platform, GEODIS is able to provide Super73 with maximum supply chain visibility.
Clean Logistics has presented its first hydrogen-powered zero-emission truck to the public, in Hamburg. With ‘fyuriant’, Clean Logistics is heralding a new era in the field of environmentally friendly solutions for road freight transport and reaching another important milestone in its corporate history.
Besides DB Schenker, Mitsui Sumitomo Insurance Group, MS&AD Ventures, and TransLink Capital (Japan Airlines and Sompo Japan Insurance) join the round as new investors, existing investors Lukasz Gadowski and btov also invested. This bears testimony to Volocopter’s holistic approach to UAM as an ecosystem.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freightforwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. Accelerating the shift. But what does this mean for shippers? Amazon as a carrier.
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