Articles

Freight Forwarders

Freight In vs Freight Out: Definitions and Examples

Freight In vs Freight Out: Definitions and Examples

Freight costs are a part of expenses for companies involved in shipping goods and transporting products to customers. You must understand the difference between freight in vs freight out, regardless of whether you work for a shipping company, a freight company, or any other business that functions similarly. This article will provide an in-depth look […]

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State of Digitization in Forwarding

State of Digitization in Forwarding

The pace of digitalization in freight forwarding has accelerated since 2020, as companies increasingly invest in technology solutions to streamline operations, finds a Magaya report. However, the industry still has a long way to go to capitalize on evolving technological advancements. Many organizations still rely heavily on inefficient manual processes. The survey’s key findings include: […]

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Freight Forwarding: Meaning, Stages, and Pros and Cons

Freight Forwarding: Meaning, Stages, and Pros and Cons

Supply chain management is an integral part of any company’s efficiency. Transporting goods from one place to another can be time-consuming and expensive. The process can be complex and challenging, but if you approach it correctly, it will go smoothly and leave lasting effects on your overall business. Many companies employ third-party logistics services to […]

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Winning in a Contract Market

Winning in a Contract Market

Freight market volatility keeps us on our toes, and we can expect that to continue. Many carriers are shifting their focus from spot to contract freight, which creates a fantastic opportunity for shippers to optimize their supply chain by adapting their carrier strategy. Here are some proven practices for doing so.

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Freight Does a Forward March

Most professionals say they expect COVID-19 to shape their supply chain into the medium term. The pace of change will be unlike anything since 2008, accelerating existing trends and shifting priorities, says a Ti and Bollore Logistics survey. Key findings include: 28% of respondents say they plan to shift volumes away from air freight in […]

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Brexit Baffles Freight Forwarders

Brexit Baffles Freight Forwarders

Most freight forwarders doubt they can handle changes to the United Kingdom’s trading relationship in 2021, including new customs documentation and procedures, according to a study by the British International Freight Association. Key findings from the report reveal: Lack of understanding: More than half of freight forwarders say they have no knowledge or need to […]

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