In the fast-paced world of logistics, where time and efficiency are paramount, Six Overseas – a prominent player in the Portuguese market—recognized the urgent need to overhaul their operations. With a legacy built on over 30 years of industry expertise, CEO Ricardo Lemos knew that to stay competitive, SixOverseas had to embrace digital transformation. The […]
In today’s logistics landscape, modernizing operations isn’t just an option—it’s a necessity. The real question isn’t if you should use freight visibility software, but which features you need to stay competitive and efficient. Choosing the right software can really transform your operations, but it’s all about knowing which features matter most. To truly optimize your […]
In the freight forwarding business, negotiating rates and securing contracts with ocean carriers are critical tasks. The complexity of these tasks is heightened by fluctuating market conditions, varying carrier performance, and the constant pressure to reduce costs while maintaining high service standards. Securing favorable contracts with major carriers is crucial for staying competitive, but achieving […]
The adoption of Cargofive as a digital tool has represented a significant change in Vesta Forwarding’s commercial processes. With global reach, Vesta Forwarding is positioned to be one of the key players in the supply chain for the coming years, with operations in Europe, Middle-East, and Latin America, their Spanish location moved more than 20000 […]
Overview of Current Trends and Their Impact The freight forwarding industry is experiencing significant changes, particularly with the adoption of weekly contract changes by carriers. The need for greater flexibility and responsiveness to market fluctuations drives this shift. As freight rates and capacity continue to be volatile, although shippers want more reliability on freight rates […]
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 a transformative move reshaping the maritime logistics landscape, the newly formed Gemini Cooperation, a strategic alliance between Maersk and Hapag-Lloyd, starting in February of 2025, signifies the dawn of a new era in maritime alliances.
As we approach 2024, the freight forwarding and container shipping industry is on the cusp of significant change. This new year promises to be a defining moment, with a range of factors reshaping the way we do business. From capacity challenges and sustainability efforts to digital transformation and pricing trends, let’s delve into what the […]
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.
Still going through the “prolonged shock” of the COVID-19 pandemic and its countless variants, today’s attention is on the vulnerability of all operators in the supply chain. According to EY and Fortune, 94% of Fortune 1000 companies have experienced supply chain disruptions as a result of the pandemic. Thus, many affirm that we’re facing a […]
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