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 […]
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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 […]
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Despite the disruptions in supply chains, shipping, and global economies caused by the pandemic in 2020, the industry has gained some confidence in facing different threats and has learned how to manage new risks. However, there are still other problems that endanger the continuity of the different agents for the next decade. We invite you […]
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Freight forwarders’ profit margin is limited as their earnings come from helping shippers to organize the loads and properly deliver their shipments. This margin is often affected by neglecting the hidden costs of using outdated systems that make their tasks even more difficult and invested expenses. Thus, we decided to list for you those hidden […]
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Competitiveness in the freight forwarding industry is on the rise. Now, freight forwarders must be alert so that their profit margins are not reduced. One of the alternatives to keep the company profitable may be to keep costs low. But how can this be achieved? In a freight forwarder, reducing costs can sometimes seem […]
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In freight forwarding, the peak shipping season is the busiest one of the year due to increased demand, which leads to higher rates and much tougher competition. This season is just around the corner and that is why, at Cargofive, we share with you some tips to get the most out of it. The […]
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As digitalization in the sector progresses, traditional freight forwarders face more and more challenges, and their survival now depends on how prepared they are. Today, there are certain companies that are threatening their position in the market and we think it is important to analyze them, in order to take action on the matter as […]
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The pandemic that emerged in 2020 has considerably marked the logistics sector and especially the maritime industry, which is very linked to economic development, supply chains, and consumption. Due to these effects, business strategies had to focus on avoiding uncertainty and achieving fast adaptation in front of imminent changes. With that in mind, we decided […]
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The logistics sector began to walk the way towards the new normal post-COVID-19. This time previous to the new normal is characterized by the reorganization of what we learned from a period as unstable as the first part of the year was. Resilience, demand, transportation, and a new way of working are the drivers of […]
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Freight forwarders constantly face challenges just by being part of such a changing industry as maritime freight is. Therefore, they must have adequate tools that boost and facilitate their processes at the same time that they reduce costs and improve their profit margins. At Cargofive, we are willing to help them and take the digital […]
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