This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
FreightForwarding Basics with Miles Varghese. Miles Varghese and Joe Lynch review and discuss freightforwarding basics. A freightforwarder is an agent in the supply chain whose objective is to organize a shipment, acting as the intermediary between the exporter or importer and transportation companies.
FreightFest 2023 is presented by Truck N’ Hustle. About FreightFest 2023 FreightFest 23 , presented by Truck N’ Hustle, is an eagerly anticipated event in the Trucking, Transportation & Logistics industry. FreightFest 23 promises to be an exciting and informative event for professionals in the industry.
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data 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 freight data that matters Learn More Empowering FreightForwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freightforwarders.
Let’s start with some definitions of what a freightforwarder is. A freightforwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads.
Personal shippers and businesses should be taking advantage of the opportunities presented by the existence of freightforwarders. For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. So, what is freightforwarding?
This was a real stress test for all importers/exporters’ supply chains, and its main providers – ocean carriers, freightforwarders, truckers, and warehouses. During this period, the importance of working with a freightforwarder has again re-proven itself. In the U.S., the Inventory to Sales Ratio went up to 1.68
In the UK, an alarming £250 million is estimated to be lost annually to freight crimes, totaling a predicted £6.1 billion by 2049, research by SNAP , the haulage industry ’s digital marketplace, has revealed. We need to encourage more people into the industry by offering a safe and secure environment for all. Across Europe €8.2
More Resources Home Empowering FreightForwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freight data that matters Learn More For years, technology has been cast as a threat to freightforwarders. This conversation is far from over. In fact it’s just the beginning.
At the meeting, attendees discussed how the policy group could work to provide guidance to the association in order to deliver meaningful support on environmental and sustainability issues as they impact the UK and the international freight services industry.
More Resources Home A Roadmap for the Future of Logistics The role of neutral booking and payment platforms in logistics Ian Arroyo June 3, 2024 The logistics industry has been undergoing a profound digital transformation, a journey articulated with striking clarity in Freightos’ latest white paper, “Global Freight’s Digital Transformation”.
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.
The Marketplace Model: A Proven Model for Success & Why the Shipping Industry Should Adopt It. Even with the modernization of today’s business economy, we still see the marketplace’s principles and concepts being used in present-day business. A Win-Win-Win Situation for the Shipping Industry. Modern Day Success Stories.
In fact, many businesses are presented with multiple barriers when they begin to adopt EV that can sometimes halt the process. This is typically prevalent in industries that have historically been dependant on conventional fuel options. The post Adopting EV Fleets Presents Challenges appeared first on Logistics Business® Magazine.
We have witnessed the greatest transformation to logistics and the supply chain the industry has ever seen over the past few years. Not long ago, there was still heavy physical paperwork involved in some certain shipment types – you had to produce physical paperwork and present it to authorities to get your shipments released.
Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freightindustry by storm. Let’s take a quick look at what these terms mean and what it is all about. Digitization may be defined as the transition from an analog format to a digital format.
That was a key theme of a keynote speech at this week’s SMC3 Connections conference held at The Greenbrier in White Sulphur Springs, West Virginia by John Wiehoff, CEO of global logistics services provider and freightforwarder C.H.
As Europe aims to become the world’s first climate-neutral continent by 2050, the haulage industry must accelerate its transformation. SNAP, a digital marketplace for the haulage industry, has predicted how truck parks will evolve to advance the logistics and haulage industry and its carbon footprint by 2049.
At the event, Samsara also announced a strategic partnership update with ACSS, further emphasising its commitment to driving technology innovation across the industry. 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.
As the photonics industry continues to illuminate various sectors, from telecommunications to healthcare, efficient logistics becomes a crucial component in ensuring the seamless delivery of light-based innovations. Warehouse Management for Photonics: Warehousing plays a critical role in the photonics industry.
However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. The maritime shipping leg the country of export to the country of import.
The shipping industry has been a hard-hit sector since the COVID-19 pandemic began due to increasing oil prices, which are invariably passed on to businesses seeking to ship. Add to this the container shortage issue created by the necessity to lockdown or isolate and the fact that many industries’ production halted during early 2020.
Editor's Note: Today's blog comes from our friends at Barrington Freight where they give us a glimpse as to what the next 10 years will look like for automation in the freightindustry. Autonomy and artificial intelligence are two of the hottest tech ideas being integrated into modern industries. Self-Driving Trucks.
The Cooperative Logistics Network – an international alliance of more than 320 hand-picked freightforwarders – has launched its Online Logistics Academy. The future of the freightforwarding sector is constantly evolving. These training programmes can be completed at the students’ suitable pace.
This is exactly what OpenTrack’s platform enables their customers (shippers, importers, and BCOs as well as freightforwarders and 3PLs) to accomplish. OpenTrack tackles data fragmentation and resolves conflicts to present the source of truth in ocean visibility. Improved on-time delivery metrics.
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.
However, 2023 presents a unique scenario. The industry has observed lower volumes as importers exercise caution, contrary to expectations. Factors such as inflation-induced price hikes, media warnings of an impending recession, and steady industry layoffs have shifted consumer habits. Decide Early!
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.
This has fuelled growth of the third-party outsourcing industry and expansion of scores of logistics service providers. While many logistics service providers commenced as transport companies, they have diversified to engage in contract warehousing logistics, freightforwarding plus many other value adding services.
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.
In response to concerns expressed by its members, the trade association that represents UK freightforwarding and logistics companies has been monitoring conditions in the global container market for some time, liaising with international organisations in order to compare market conditions around the world.
Conqueror Freight Network , the largest exclusive freightforwarders network in the world, has this year completed 10 years in the industry. Conqueror was launched back in 2011 as an exclusive network for freightforwarders. Torres said: “We have come a long way since the foundation of our network.
Redkik , a global software company with the mission to simplify and improve the marine cargo insurance industry with technology, has announced the closing of a $3.3m Seed funding round. Redkik plans to continue with cutting-edge research and development to firmly secure its position as a leader in per shipment cargo insurance.
LCL cargo shipping, on the other hand, shares the space with other shippers and is usually booked by a freightforwarder that arranges the FCL by “consoling” various shipments and ensuring that they reach their final destinations (i.e., Work with your freightforwarder to create a more affordable alternative to FCL.
FIATA (the International Federation of FreightForwarders Associations) and TT Club , the international freight transport insurer, have revealed this year’s regional winners of the Young Logistics Professionals (YLP) Award 2022.
In this essay, we’ll explore Maersk’s shift, the unique asset-heavy carrier advantages that encouraged this decision, and individual products developed over the past four years to realize the vision, across their core ocean services, freightforwarding, and value added services. Shifting Industry Habits. It’s worked.
That quote above isn’t fear, gloom, doom or a startup trying to scare the industry into buying a software solution. There’s been a slow, persistent march towards increased digitalization and, yes, increased transparency, in the freightindustry. One of the best examples of how technology can change an industry is US trucking.
By presenting the Incoterms in diagrams, I am able to remember the terms easily. I gained good knowledge on the limit of liability of carrier, shipping company and freightforwarder. Cheong Mei Mun, Marketing Executive, Bayswater Shipping & Forwarding Pte Ltd. ICC Incoterms 2010. Standard Trading Conditions.
I gave a keynote presentation on emerging technologies (drones, driverless trucks, 3D printing, blockchain, etc.) That’s the most common question I get from supply chain professionals today and it’s the main question I addressed in my keynote presentation. The 2018 supply chain conference season kicked off for me last week.
Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. As it stands today, however, blockchain isn’t a solution that can be instantly embraced by the freightindustry.
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). All modes of the logistics industry are seeing a shortage of drivers.
in 2020 and will hit EUR557 billion by 2025, Simon Wong, CEO of the U-Freight Group , says his company is ready to meet the ever-increasing challenges of providing logistics services to this rapidly expanding sector of global trade. The post U-Freight sees e-commerce logistics opportunities appeared first on Logistics Business® Magazine.
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.
Responsibilities and Functions of FreightForwarder Operations for Shippers. During challenging times, your freightforwarder should always be trying to offer solutions. Our Operations team has helped importers find new options for both ocean and air freight services in these unprecedented times. Contact Us.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content