The Red Sea, a crucial maritime route, has been a focal point of geopolitical tensions, impacting global shipping and logistics operations. The conflict has led to increased security concerns, rerouting of cargo, and potential delays. However, in an unexpected twist, these disruptions have somewhat alleviated the usual congestion faced during the Lunar New Year period in key Asian ports. This situation, while easing certain pressures, has introduced new variables that freight forwarders must navigate.
In the digital age, the difference between a great deal or a missed opportunity relies on immediate and reliable access to real-time data and an effective rate management process, thanks to a modern and integrated freight procurement process. At Cargofive, we understand this, and we are committed to providing solutions that empower your business to thrive in the fast-paced world of freight forwarding.
In the digital age, the difference between a great deal or a missed opportunity relies on immediate and reliable access to real-time data and an effective rate management process, thanks to a modern and integrated freight procurement process. At Cargofive, we understand this, and we are committed to providing solutions that empower your business to thrive in the fast-paced world of freight forwarding.
Cross-border e-commerce has exploded in recent years, as consumers around the world increasingly turn to online shopping to purchase goods from retailers located in other countries. This growth has created a significant opportunity for freight forwarders, who play a crucial role in managing the logistics of international shipments and ensuring that products reach their destination […]
Origins of The Celebration and Its Implication for The Global Economy The Chinese New Year, also known as the Spring Festival, is a major holiday that has been celebrated for thousands of years in China and other parts of Asia. The origins of the holiday can be traced back to ancient China when the Chinese […]
How The Perfect Relationship Can Revolutionize The Logistics Industry Download the PDF Here Cotransa is a company founded in 1972 with more than 200 employees, which offers services in Europe and Latin America. It is positioned as one of the most important logistics companies in Spain and is expanding to the American continent. It offers […]
A look at the past Spot rates unpredictability made carriers took advantage of market conditions and supply shortages for the past two years. They were able to push for higher long-term contract rates and established terms and conditions that better fit their business. For example, Maersk incremented its multi-year contract share to nearly 70% of […]
It is not an easy task to find the best freight quote in the market. Let’s talk about spot rates and how the opportunities that come with them can change your commercial process for good. What are spot rates? Spot rates are used to set pricing for shipping freight. Typically valid for one shipment only […]
Freight forwarders manage a lot of information day by day, and they share it with many parties who are usually located across the globe. Thanks to digitalization, now they can do it using digital tools like cloud computing services and high-speed data sharing. But, why should they invest in these new technologies? Digital tools like […]
How does a risk presents to a freight forwarder? International shipments carry risks, and many of them are very high for those who are part of the supply chain. Freight forwarders, being a crucial part of it, must face risks – often unexpected – in order to move cargo safely and quickly. For this reason, […]