freight forwarding

Tumultuous times for transportation industry insurers

The TT does not stand for troubled times, although the TT Club has seen plenty.

The TT stands for Through Transport, referring to the insurer’s customers in shipping, freight forwarding and logistics. The TT Club says it insures 80% of all maritime containers and has an insurable interest in more than 45% of the world’s top 100 ports. 

Founded in 1968, the TT Club, with a U.S. office in New Jersey and locations in London, Hong Kong and Sydney, has served clients through the severe acute...

https://s29755.pcdn.co/news/tumultuous-times-for-transportation-industry-insurers

Logistics Technology Update: the right tools to mitigate COVID-19 disruption

Supply chains around the globe continue to face COVID-19 disruptions for nearly the third month in a row. To thrive in times like these, freight forwarding companies must have the right tools for success.

“In our industry, it’s important to ‘flow the work’ and prioritize technical resources towards customer onboarding and data integration, especially when many customers are working from home,” said Chris McMillin, AIT Worldwide Logistics’ vice president, information systems.

On this episode of...

https://www.freightwaves.com/news/logistics-technology-update-the-right-tools-to-mitigate-covid-19-disruption

Flexport to open platform for third-party app developers

A Flexport product engineer at his workstation.

James Chen, the chief technology officer (CTO) at Flexport, has a grand vision for global trade technology – Amazon-like ETA prediction and an open ecosystem of new tools built in a layer on top of Flexport’s data.

Flexport, the digital freight forwarder founded in San Francisco in 2013, has double-downed on its technology investments over the past year and says that the COVID-19 pandemic has deepened the company’s commitment to its long-term tech vision.

Chen spoke with FreightWaves about what...

https://www.freightwaves.com/news/flexport-to-open-platform-for-third-party-app-developers

A new digital network for freight forwarders booms during COVID-19

Instead of attending international conferences to engage their complex networks and logistical needs, freight forwarders have had to adapt during the COVID-19 pandemic.

Many forwarders are leveraging technology to navigate the buying and selling terms between manufacturers and importers, as well as provide trusted recommendations. Needless to say, those online platforms are experiencing success. 

The Israel-based software company All Forward, launched in 2020, is one such platform, calling itself...

https://www.freightwaves.com/news/a-new-digital-network-for-freight-forwarders-booms-during-covid-19

Freight forwarders urge government to work with Heathrow

Robert Keen

Freight forwarders urge government to work with Heathrow

Speaking after today’s ruling by the Court of Appeal in London in favour of campaigners challenging the legality of the UK government’s decision to allow a third runway at Heathrow Airport, Robert Keen, Director General of the British International Freight Association (BIFA) said:

“The Lord Justices have made it clear that their judgment didn’t mean that there could never be a third runway at Heathrow, but that the government now...

http://www.allaboutshipping.co.uk/2020/02/27/freight-forwarders-urge-government-to-work-with-heathrow/

Freight forwarders say CBI’s Brexit report hits the nail on the head

Robert Keen

Freight forwarders say CBI’s Brexit report hits the nail on the head

The trade association that represents the UK’s freight forwarding and logistics sector says that the Confederation of British Industry (CBI) has hit the nail on the head with its warning that neither the UK nor the EU is ready for a no-deal Brexit on October 31st.

Robert Keen, Director General of the British International Freight Association (BIFA) says: “As the trade body that speaks for the sector of the economy...

http://www.allaboutshipping.co.uk/2019/07/29/freight-forwarders-say-cbis-brexit-report-hits-the-nail-on-the-head/

GEFCO launches global mission control centre

GEFCO, a global provider of complex industrial supply chain services and European leader in finished vehicle logistics, has announced the launch of its dedicated Mission Control Centre (MCC) in Amsterdam to manage global Time Critical Solutions (TCS) within the Freight Forwarding business line.

The Centre has been designed to provide 24/7 best-in-class service to GEFCO’s customers worldwide, supporting its dedicated TCS network teams, alongside nominated partner agents across the globe.

Evolving...

http://container-news.com/gefco-launches-global-mission-control-centre/

Global freight forwarding growth forecast

Ti analysis reveals full-year 2018 freight growth forecast of 4.1%, well below last year’s 8%, as 2017 restocking boom peters out.

Global freight forwarding growth this year is expected to be barely half its level last year, due to the positive effects of the recent 18-month restocking cycle petering out, according to new analysis by Transport Intelligence (Ti).

The global freight forwarding market achieved growth of 4.9%, year over year, in the first half (H1) of 2018, according to new mid-year...

http://container-news.com/global-freight-forwarding-growth-forecast/

Leading UK freight forwarder sees increase in Brexit-related warehousing requests

Davies Turner RDC at Dartford in Kent

Davies Turner, the UK’s leading freight forwarder and logistics service provider, is seeing a definite upsurge in enquiries about the availability of warehousing space, driven by customer concerns about the outcome of the Brexit negotiations and the future of UK trade with the EU after March next year.

Previously, the company has seen demand for more warehousing capacity often reduce in the early months of the new year as many retailers require less stock...

http://www.allaboutshipping.co.uk/2018/11/02/leading-uk-freight-forwarder-sees-increase-in-brexit-related-warehousing-requests/

Gradual evolution is the right way, says iContainers

There is a palpable sense of urgency and ambition in one of the hottest topics in freight forwarding: automation.

This is especially so among the new digital freight forwarders, all wanting to transform this immense and complex world of ocean freight with technology. But these claims of ‘disrupting’ the industry have raised questions, especially in relation to their impact.

Studies published by Barclays and more recently, Transport Intelligence, noted the lack of an impact from this ‘disruption’...

http://container-news.com/gradual-evolution-right-way-icontainers/

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