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
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 freightforwardingindustry.
The transformation of a tech giant and the freightindustry’s current process of digitization share some key principles: whether selling AI tools and consulting or freight, the ability to adopt new technologies by listening to what customers want can be key to any transformation. Neither are freightforwarders. .
There have been significantly more mergers and acquisitions in recent years in freightforwarding, including “TFI International’s $800-million acquisition of UPS Freight; Uber Freight’s $2.25-billion Increasing Competition in FreightForwarding. billion purchase of Transplace; DP World’s $1.2-billion
During the Red Sea crisis situation, many freightforwarders are going through difficult situations. But, at the same time, some freightforwarders are enjoying the additional business. The Red Sea Crisis is having a mixed impact on the profitability of freightforwarders due to various reasons.
Charlie is the Founder and President of CS Recruiting , a Woman-Owned leading search firm that specializes in the Logistics, Transportation, and Supply Chain industry. About CS Recruiting CS Recruiting focuses on recruitment within the logistics, transportation, and supply chain Industry.
Air freightforwarding emerges as a key player in this scenario, offering speed and reliability that can significantly impact business operations. However, it’s important to choose the right service provider, as not all freightforwarders are created equal.
Later, this trend followed into Europe, next to North America and then South America. This was a real stress test for all importers/exporters’ supply chains, and its main providers – ocean carriers, freightforwarders, truckers, and warehouses. The trend of carriers stepping away from customers will accelerate.
But Covid pushed the industry to its limits. Before Covid, freight rates were stable and shipping capacity was reliable, with 70% of ships arriving on time. Below are some of the advantages of working with a freightforwarder and NVOCC. This is better addressed with NVOCCs in general.
ISO (International Organization for Standardization) develops standards for organizations/industries to ensure quality, safety and efficiency of products, services and systems. There are very few in freightforwarding. In 2018, there were over 20,000 companies that were ISO Certified in the U.S.
However, along with the industry, the role of a logistics manager is also evolving. The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freightforwarding process. Check with the freightforwarder regarding various options that can help reduce cost.
As I am reaching my 20th year in freightforwarding, it is clear the freightforwardingindustry has gone through changes. Over the last 5-10 years, we had been hearing that technology companies are looking for a new Uber in the freightforwardingindustry. Labor is the main overhead cost.
A Finger on the Pulse of Ocean Freight. From his vantage point as DB Schenker’s Head of Ocean Freight, Raymond Tsang keeps his finger on the pulse of the ocean freightindustry. The post Top 2022 Ocean Shipping Trends and How to Navigate them appeared first on DB Schenker.
Freightforwarders are a dime a dozen. But, there’s a vast difference between any freightforwarder and a good freightforwarder. If your business is new to international shipping, you may not understand the importance of freightforwarding. Experience. Port shutdowns. Cargo reroutes.
US-Mexico Trade Trends Indicate Nearshoring Has Momentum Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 7, 2023 ‘While Mexico Has Surpassed China as the United States’ No. While Mexico has surpassed China as the United States’ No.
NYSE: ZIM) announced today the creation of a new subsidiary, Ship4wd , a digital freightforwarding platform offering an online, simple and reliable self-service end to end shipping solution. HAIFA, Israel, Oct. 6, 2021 — ZIM Integrated Shipping Services Ltd. Ship4wd will launch on October 18 2021. ” About ZIM.
Here is the Top 25 Global FreightForwarders List compiled by Armstrong & Associates. Each year A&A compiles Logistics Management’s Top 25 FreightForwarders list for a closer analysis of industrytrends and how those leading forwarders are meeting the evolving shipping needs.
FreightForwarding And Digital Customer Service Five Years From Now. Discussing this with Cathy Roberson of Logistics Trends and Insights , she partially attributed the trucking advances to the deregulation in the 1980s, which triggered fierce competition, as well as more accessible communications across individual truckers.
While the global pandemic created significant hardships for the freightforwarding and logistics services industry - 94 percent of companies reported a COVID-19 induced supply chain disruption in 2020 - it also prompted a reevaluation of long-held policies and practices.
Air freightforwarding emerges as a key player in this scenario, offering speed and reliability that can significantly impact business operations. However, it’s important to choose the right service provider, as not all freightforwarders are created equal.
However, these temptingly low offers can be a trap laid by some freightforwarders, a siren song leading companies into hidden pitfalls. The stark reality is that these bargain rates can hide a multitude of costs, the most critical being the risk of shipment delays, known in industry parlance as “rollings.”
Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! Image source: Pixabay Everyone who is familiar with the transportation industry understands that things do not always go as planned. The latter is concerned with implementing industry-proven technologies.
Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.
As savvy forwarders embrace and utilize more sophisticated digitized solutions to set them apart from the pack, industry analysts are seeing the race narrowing. Evidence of this trend is made clear when the Top 25 features nearly a half dozen players vying for the same coveted ranking.
Digital Technology up-gradation has taken supply chain industry in to next level and it created high transformation. the upcoming trends in logistics sector are Robotics, Artificial Intelligence (AI) and Machine-Learning algorithms. Let’s go for some trends in 2018 now. Block chain-. Rise of Elastic Logistics-.
Periodically, we come across shipping scams by fraudulent people or firms impersonating freightforwarders and shipping lines. Sometimes, we come across that two or more companies in the same industry that have similar names, but it’s recommended to be cautious when you feel something is off. Do your research.
Many large companies are capitalizing on this trend by making big promises on being carbon-neutral at a certain date in the near future, as consumers are more paying attention than ever before. The post The Effects of Climate Change on the Shipping Industry appeared first on More Than Shipping.
Various trends have been taking place in the logistics and shipping industry over the past few years and the effects of these drastic changes are now being felt. Technology changes are coming to the shipping industry after years of delay. The ocean shipping industry is one of the slowest to embrace technology.
RPA in freightforwarding represents a significant shift in processes and highlights the growing dominance and prevalence of supply chain and freightforwarding technology in the world today. The Challenges Leading to Problems in Global Forwarding Collaboration. Sure, the pandemic is partly to blame.
IAG Cargo today shared the findings from a global survey of more than 400 freightforwarders in 47 countries on perceptions of the air cargo industry this year. The report, Cargo Next, identifies the key trends and expectations of freightforwarders within the next 12 months.
How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freightindustry. Unlike some industries that are virtually attacked by external actors, like Uber disrupting the taxi industry, the catalysts of this transformation are coming from within. Phil knows his (freight) stuff.
DUBLIN–(BUSINESS WIRE)–The “Digital FreightForwarding Market – Growth, Trends, and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.
The latest information coming from freightforwarders and experts in logistics points towards the expectation that US imports will remain high throughout October 2020. Based on current trends and indicators, it is anticipated that imports will remain strong for the rest of the year. Import Projections for the Rest of 20 20.
We firmly believe that everyone involved in supply chain should be informed as the industry is constantly being shaken up. Overdrive specializes in trucking needs, offering the latest trends and statistics on the trucking industry, new technologies, regulations and more. Top Logistics and Supply Chain Blogs We Love.
In this boom, project freightforwarders will bite off a substantial piece of the pie. The expected project cargo influx is benefiting from the investment increase and the extensive renewable energy and industrial projects coming down the pipeline. This includes docks, ports, ships, rail, and trucks, to name a few.
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.
Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. On the other hand, until there is a balance reached between supply and demand, forwarders will favour short-term contracts until the rates stabilize.
In mid-2015 his employer opened one of the first industry “Innovation Labs” – a loosely structured group with the single purpose to research and test early-stage supply chain innovations. The segment also provides shuttle and switching services to shuttling containers and trailers.
Although this sounds great for most industries, it represents a major problem for the freight trucking industry. FreightForwarding Will Undergo Digital Transformation. Freightforwarders will have great opportunities in 2018 to take advantage of the increased demand on shippers. trillion by 2020.
In the freight and shipping industry, freightforwarding and costs are inevitably part of a company’s expenses. Not only time is also formed as part of the expenditure, so freightforward has a direct effect on the delivery time and landed cost. Find and collaborate with an experienced freightforwarder.
DUBLIN–(BUSINESS WIRE)–The “Digital FreightForwarding Market – Growth, Trends, and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.
The same basic principles that drive digital marketing for all brands apply to the shipping industry, too. A wave of digital disruption is about to hit sea and air freightforwarders. These digital business models have the potential to overturn the dominant position traditional forwarders have long held in the industry.
Last month, Adrian Gonzalez’s blog post on value-added services for third-party logistics providers (3PL) provided statistical evidence from a survey that supports the transformational trend in the trade and logistics space.
Christoph Grasl has more than 25 years of experience in freight and logistics. He started his carrier in freightforwarding at Vienna Airport in 1996. In the year 2000, he switched from Austria to Hungary and developed an SMB forwarding company within nine years to one of the top players in the Hungarian logistics market.
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