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…
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…
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…
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…
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…
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…
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…
With more than 333 reliable freight forwarding agents in over 136 countries, The Cooperative Logistics Network is one of the leading freight forwarding networks of our time. As a network of reliable forwarders, The Coop has better resources in terms of size and greater outreach than some of the largest multinationals. Most importantly, The Cooperative…
The transportation and logistics industry contributes 24% of the net global emissions. Moreover, this number keeps growing, because of the increasing demand for commodities around the world. All the big players in the logistics industry are competing to make their operations more sustainable since the demand for green logistics is growing by the day. Independent…
The transportation and logistics sector went on a bumpy ride in the last couple of years because of the rising rates, overstretched capacity, equipment and labour shortage, rising fuel prices and several other factors. This year can offer some respite when it comes to the freight rates because of the falling demand for goods. Nevertheless,…