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…
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Tag: independent freight forwarders
Cargo insurance: Types of insurances and how it benefits the independent freight forwarders
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…
Tips for independent freight forwarders to ensure the safety of high value shipments
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’s online transaction platform FreightPay and how it will advance the digitization efforts of the air cargo shipping companies
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 drop in ocean freight spot rates: Is the container shipping industry crisis temporarily easing?
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…
Last Mile Delivery: How to reduce your expenses and make use of digital solutions for the final mile
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…
Tips for independent freight forwarders for recruiting high quality employees
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…
E-commerce and Logistics: How the logistics industry is changing due to the rise of e-commerce
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…
The importance of shipment tracking in the transportation and logistics industry
As an independent freight forwarder, you need to consider providing shipment tracking solutions for your clients. Shipment tracking is important for the success of your logistics business mainly because of its impact on customer service. In other words, your clients are always eager to learn about the status of their cargo and when to expect…
Golden Week In China and Its Impact on the Transportation and Logistics Industry
The Golden Week is a week-long Chinese national holiday when the entire country goes on holiday for one week. Following the Chinese National Day on October 1, there is a seven days celebration called the Golden Week festival when ceremonies and parades are held throughout the country. The freight forwarding industry in China and beyond…