Freight forwarders are the most crucial link in the chain of global trade who is responsible for moving shipments on behalf of the cargo owner. The role of independent freight forwarders in the domestic and international movement of shipments is absolutely vital and involves a variety of functions. However, not all independent freight forwarders have…
Digital twin has come up as the latest technological trend in the transportation and logistics industry. IBM defines the digital twin as a ‘virtual representation of an object or system that spans its lifecycle, is updated from real-time data, and uses simulation, machine learning, and reasoning to help decision making.’ Although this might sound like…
An in-transit shipment is prone to a variety of risks that could lead to potential damage or even loss of your cargo. Independent freight forwarders are surely aware of the countless risks entailing the international movement of cargoes and this is precisely where cargo insurance comes into the picture. If a cargo is lost at…
Fragile and high-value cargo are some of the most important shipments your company handles. It goes without saying that high-value shipments demand more care and meticulous attention to detail than any other shipments you handle. Moving a shipment of artwork, jewelry, luxury items, high-end food and drink, electronics, etc, entails plenty of risks. Theft or…
FIATA has partnered with PayCargo to launch a custom platform for facilitating the online transactions of FIATA members. This platform called FreightPay will not only speed up the online transaction process but also allow the FIATA members to avail of better security features and lower transaction rates. In today’s post, we will talk about how…
The ever-increasing container shipping rates have finally dropped at least for the moment. Although the overall ocean freight rates are still extremely higher than usual, we can see a drop in freight rates between China to the USA. This is indeed very good news for the shipping industry that has been reeling under the effect…
The air cargo carriers are taking several measures for coping with the strong demand for air cargo space. In a time when the ocean freight sector is becoming increasingly unreliable because of container shortage and delays, more and more manufacturers are counting on air freight services to move their items. However, the air freight sector…
In the present era of e-commerce, last-mile logistics is coming up as a vital aspect of the services of independent freight forwarders. Consumer behaviour has changed considerably since the advent of online shopping. Moreover, the pandemic has made it abundantly clear that e-commerce will be the future of shopping. Logistics companies that are venturing into…
There are several ways for independent freight forwarders to strengthen their team, get new clients and expand their operations. Joining a freight forwarders network will surely help you globalize your company and obtain new projects. Nevertheless, enhancing your core team by recruiting new talents should also be a vital part of your expansion strategy. Independent…
In the last 10 years, the e-commerce industry has grown exponentially and giants like Amazon, Walmart, Alibaba, etc have ensured that customers get their required commodities with just a few taps on their phones. The growth of the e-commerce sector has allowed the logistics industry to branch out and diversify its operations. The e-commerce sector…