Most independent freight forwarders who provide OOG cargo services are often required to move heavy equipment both domestically and internationally. However, moving machinery is a challenging activity that demands skill, knowledge, and manpower to prevent any damage to the expensive parts. Even with the use of new machine-moving equipment such as heavy-duty transporters and air…
How Vietnam is coming up as one of the foremost player in the Asian freight and logistics market
The freight and logistics market in Vietnam is steadily expanding and in the next five years, it could reach a CAGR of over 5.5%. As one of the upcoming nerve centers of international manufacturing, this country is the biggest beneficiary of the US-China trade conflict. In 2019 Vietnam had the largest yearly flow of foreign…
How freight forwarders can benefit from an FIATA membership
Freight Forwarding Industry: With its headquarter in Geneva, Switzerland, FIATA is currently one of the most reputed organizations in the Freight Forwarding Industry, becoming a member of which offers a set of unique advantages for logistics companies. FIATA – or the International Federation of Freight Forwarders Associations is the largest non-governmental transport association of freight…
“I am exporter and I am selling EXW, FOB or CIF”: An online event with the most common mistakes made when applying Incoterms rules
The logistics industry has a set of unique terminology that facilitates more effective communication throughout the supply chain. The use of these terms help to save a lot of time. In the logistics industry, Incoterms or International Commercial Terms have globally recognized rules that ease the buying and selling process. It does so by providing…
The big picture of air freight shipping
Air freight shipping accounts for more than 6 trillion USD worth of shipments every year which makes up around 35% of global trade by value. Customers these days expect high-speed deliveries which is one factor why shipping companies opt for air freight to ship their cargo around the globe within the shortest possible span of…
How in-person meetings can boost operational efficiency of freight forwarders
To survive the ever-increasing competition in the logistics sector, small and mid-sized logistics companies need to focus on building lasting relationships with competent partners. Participating in a freight forwarders conference is one effective strategy that could help them strengthen the bottom line of the businesses of independent freight forwarders like you. The Coop’s 6th Annual…
How to choose the best logistics network
Independent freight forwarders looking to augment their sales and hit the global market can benefit substantially by becoming a part of one of the best freight forwarders networks. The best logistics networks which act as an international umbrella network of vetted freight forwarders can help small and mid-sized companies to better compete with the multinationals…
How e-commerce is fostering the growth of the international logistics industry
Although the trend of online shopping is nothing new, it was the pandemic which undoubtedly expedited the boom of the e-commerce industry which in turn has directly influenced the companies providing services in the transportation and logistics sector. The e-commerce companies are increasingly outsourcing logistics to fulfill their orders effectively and on time. The rising…
Why freight forwarders need to go for marine cargo insurance
Last year, the cargo ship Felicity Ace carrying Porsches, Lamborghinis, and Bentleys caught fire and sank. Volkswagen confirmed that the losses which amounted to over $300 million would be covered by cargo insurance. This is not an isolated incident. Even just a month back, the container ship Pacific Express lost 10 containers overboard due to…
Advantages of email marketing for independent freight forwarders
Email marketing is a highly valuable online marketing tool that can help independent freight forwarders with limited resources to build their brand. A well-implemented email marketing campaign can help logistics companies build better relationships with their clients, promote their services, augment sales and increase brand awareness. Email marketing not only allows companies to reach a…