The global trade sector heavily relies on the logistics industry to connect diverse locations worldwide. However, a significant challenge arises due to the multitude of languages spoken in different regions, making the drafting of trade and sales contracts a complex task. This is where Incoterms prove invaluable. They establish a standardized format and a universally…
For several years, the logistics industry in Africa has grappled with the challenge of accommodating the rising population and the dynamic private sector within the country. However, new research indicates that a profound transformation is on the horizon, one that promises to have far-reaching benefits for the independent freight forwarders and the broader African economy….
Freight visibility in the transportation and logistics industry is a process that empowers customers to monitor their cargo at all times during the process of transit. By providing customers with specific details about their ordered products, including delivery timeframes, logistics companies can effectively oversee their orders, enhance daily operations, and prevent customer dissatisfaction. In the…
The Electronic Air Way Bill (e-AWB), launched in 2010, has progressively established itself as the standard contract for air freight forwarders. It now applies to all airfreight shipments and is experiencing rapid expansion in its adoption. The digitization drive within the air freight shipping industry involves multiple participants, including carriers, air freight forwarders, ground handlers,…
A Bill of Lading, commonly known as B/L, BoL, or Waybill, stands as the essential document that independent freight forwarders must adeptly manage when handling international cargo movements. Irrespective of the cargo’s nature or the chosen mode of transportation, the Bill of Lading remains an indispensable requirement. Essentially, it constitutes a legally binding document issued…
Without a data-driven foundation, independent freight forwarders cannot grasp the profound impacts of their actions. Proficient measurement of carbon footprint empowers logistics companies to establish a clear position, comprehend their emissions, and strive for reduction and offsetting goals. This approach also allows them to showcase tangible and transparent achievements. The tactic a freight forwarding company…
In the middle of global disruptions, the international ocean freight shipping market size grew from $10.24 billion in 2022 to $11.18 billion in 2023. Regardless of this growth, thousands of independent freight forwarders have suffered financial and time losses while trying to find the best time and locations to buy, sell, and lease containers. In…
Customer service within the realm of the logistics sector is a frequently disregarded component of independent freight forwarders. However, in the present-day competitive environment, the significance of customer service in logistics should not be underestimated. It is a crucial factor that your customers and partners will consider when choosing a logistics partner. Have you ever…
Facebook Messenger marketing can be an influential component of the digital strategy of independent freight forwarders. By offering a direct channel to connect with customers, this tool enables forwarders to showcase their strong points and highlight the solutions they can provide to address the particular requirements of their customers. With over 1 billion monthly users,…
Shipping dangerous goods requires careful planning and execution to ensure the safety of everyone involved in the transportation process. Dangerous goods can include explosives, flammable liquids, gases, toxic substances, and other hazardous materials that can pose a threat to human health and the environment. Independent freight forwarders who are into shipping dangerous goods should be…