Manual processes for ocean freight quotes can lead to delays, errors, and high costs. Here’s how to simplify and speed up the process in 5 actionable steps: Quick Comparison Process Area Manual Workflow Digital Workflow Processing Time Days Minutes Error Rate High Low Cost Visibility Limited Real-Time Carrier Communication Disconnected Centralized Use these steps and […]
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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 […]
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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 […]
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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 […]
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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.
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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.
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Learn about how nearshoring is about to change the freight forwarder business model in the short and long term.
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Cargofive Raises €1.8M in Funding Round to Accelerate the Digital Transformation of Freight Forwarders
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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 […]
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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 […]
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