Sector News Archives - The Cooperative News

“FreightViewer is different than other online marketplaces. We are proud to work with The COOP in this project”

Posted on 26 November, 2020 | by admin

After stablishing the partnership with Shipco, FreightViewer Department interviewed Morten Bach- Global Chief Commercial Officer at Shipco Transport- to analyse the current situation and the upcoming digital changes in logistics.

leading digital transformation — The COOP FreightViewer integrates Shipco LCL rates to enable users to generate instant quotes

Speed in quoting is essential in a market where the difference between one quote or the other has become minimum. This means that, in some cases, who quotes the faster will have the shipment. This is one of the reasons why it’s so important to develop tools such as FreightViewer, states Mr. Morten Bach. He also adds that technology has disrupted in logistics and everything is happening amazingly fast, changing the landscape of logistics.

Mr. Bach also adds that the speed of the market is one of the other big changes in logistics, this is forcing traditional freight forwarders to change their way of thinking. They need to find the strategy to send shipments from A to B as fast as possible, achieve faster information sharing or better order management. And this can be done using different gateways than the traditional.

Under his point of view, it’s important to become global, reaching key partners and the right technology. Being part of a network, which offers a tool such as FreightViewer, means that small-medium companies will be able to become global, being much more competitive and, with the help of technology, being able to handle much more tasks along the process, optimizing their resources. Mr. Morten says: “With the pandemic the digitization process has been accelerated and those companies who didn’t have a great technology strategy have got caught by the new world-wide situation, not being able to serve their clients in the same way or the way they should”

Mr. Morten Bach pointed out the importance of visibility in logistics in order to take control over all shipments. According to his words “it’s essential to provide several options for a shipment to the client, if you don’t give various options to them, they will go somewhere else. Clients need what they need and if you don’t offer it, they will try another option”

To finalize, Mr. Morten states that, currently, there are two different sectors in logistics. Those that refuse to use digital services and those that only use digital resources. This means that we need to develop two different customer strategies, providing service to both groups, but never forgetting that digital trends will be extremely helpful in both strategies.

You are able to find Shipco rates directly through your FreightViewer profile accessing into your member area and personalize these adding your own profit margin. Please contacta amartin@thecooperativelogisticsnetwork.com to obtain further information.

The COOP offers a discount for its members to join the Digital Container Summit hosted by Container xChange

Posted on 14 July, 2020 | by admin

Network with your fellow members at the Digital Container Summit on September 3, 2020. As a member of The COOP you will receive preferred access to networking and 25% off the All Access Ticket price.

Hosted by Container xChange, the DCS2020 features face-to-face virtual networking, live keynotes and engaging Q&A sessions.Pre-organize your schedule for event day using their matchmaking tool and meeting scheduler. The AI application helps you find the best networking partners based on mutual business interests and network membership tags

After accepting your meeting requests, you’ll get a clear overview of your schedule and enjoy a seamless networking experience on event day.

Wherever you are in the world, network with all of your peers while enjoying first-class content from renowned industry thought-leaders.

Don’t miss the only industrywide networking opportunity in 2020, and book your ticket now!

Take the most of the new opportunities emerging in a changing landscape

Posted on 3 July, 2020 | by admin

The COVID-19 pandemic has brought to light many deficiencies in all societies world-wide, but it has also shown the importance of many sectors in the world. Logistics has emerged as one of the most important business to overcome the pandemic, either by the supply of medical equipment, basic goods or even all the online purchases during the lockdown.

Although the pandemic has shown what an important component logistics is for society, it has also exposed its weaknesses’ and the need for profound changes in the industry. Before the pandemic, the economic incentives stemming from globalization, were already pushing logistics to a digitalized form, but social distancing or online working are making such a transformation even more necessary.

From The Coop we support each of our members in this digital process, by helping their company to move all products and services into the digital environment. We are working to implement different online features which will help your company to be on the same page with global tendencies. Check four of the tools we offer to help you gain your place in the e-commerce.

international logistics

1. FreightViewer: our exclusive transport management software will enable you to create a friendly-user website for your clients, enabling them to check on your services any time, any day.

2. Online company brochure: create an online brochure to promote your bussines from anywhere in the world.

3. Strong online presence: we offer you a complete digital coverage through an online news section, blog and social media promotion.

4. Virtual event: due to the current situation we will not be able to meet face to face, but we will do online. Don’t miss the opportunity to make the most of our next Virtual Meeting

Digitization is so important in the global context, among other reasons, since it makes information and communication available anywhere, anytime and for any user device. Therefore, isn’t this exactly what we need in the near future taking into account that this situation will remain for a considerable time? Think about it!

The Cooperative takes a major step towards the digitization of the freight forwarding sector by creating FreightViewer

Posted on 25 October, 2019 | by admin

Madrid, Spain October 2019: After two years of hard work and substantial private investments, The Coop with agents in 286 cities and 124 countries is all set to start working with its member-exclusive Transport Management Software, FreightViewer. This software will provide the members of The Cooperative the technological capability to compare competitive online freight rates, share shipping documents, and quote instantly in real-time all in one neatly organized platform.

Freight forwarding sector is aware about the need of digitization in the industry. The best example to show this fact, is the great investment of technological companies such as Flexport, Freightos or other pioneer freight forwarding multinationals, e.g. Twill and KN Freightnet, have done during the last few years. But even, after all these investments and efforts, a considerable percentage of freight forwarders continue to miss out on the digitalization race in the freight industry.

Even though it is not an easy task to become digitalize within this industry, highly demanding and inpatient customers, multinationals and globalization, are some of the factors which are forcing an important transformation in logistics sector. Inside this environment, The Coop has developed FreightViewer, revolutionizing the old ways of working. As a member-exclusive and free Transport Management Software, FreightViewer allows members of the network to automatize the uploading of their contract rates (Air, FCL, LCL and Cargo Insurance) through the online platform and share them with agents or customers instantly. Moreover, FreightViewer on the dashboard allows customers and agents to manage bookings for any carrier online, collaborate and share the shipping documents, and offer real-time status updates for shipments.

As stated by Antonio Torres, the CEO and President of The Coop, “The new tool is going to help freight forwarders within our network cope with the problem of ever-changing freight rates due to complex tariffs, various time zones and unresponsive overseas agents, which eventually leads to a delay in quoting a door-to-door service.”

FreightViewer will ensure that all members will become truly digital freight forwarders. Mr. Torres further added that “Digitization of the freight forwarding sector is starting but very slowly. For example, only three of the top twenty global freight forwarders can provide an instant quote online. We feel very proud to be part of the digitization process in our industry. The Coop is the first international freight forwarding network to launch instant quoting ability for its members. We have come up with FreightViewer after the launch of the operating system by the industry leader Flexport, who has received one billion $ investment, has eleven offices in four countries and is currently receiving all the attention world-wide from media related to the industry as it is growing incredibly. We haven’t a received a billion-dollar investment, but we have developed a state-of-art software and we have a huge worldwide infrastructure formed by our members. This makes us one of the biggest players running in the digital race of the logistics sector. Our main aim is to contribute towards actualizing the process of digitization in this sector and thereby create value for the shippers.”

FreightViewer will definitely alter the way independent freight forwarders conduct their businesses. It will not just reduce the quotation processing time from a number of days to a couple of seconds, but also help to enhance the productivity, client engagement, and profitability of the member companies.