The Benefits of Digital BOL and POD in Global Forwarding
Cargologik Blog
by Miles Varghese
1y ago
A Proof of Delivery (POD) is a receipt proving the delivery of a shipment. A carrier provides the POD, and it must be accepted and acknowledged by the recipient to confirm the cargo delivery. A Bill of Lading (BOL) is the proof of transportation of goods.  Over the past two years, the industry has faced many challenges in freight handling and meeting the needs and demands of customers. According to Yahoo.com, the global e-commerce logistics market grew by 19.9% in 2021, proving that the need to digitize the supply chain industry is critical. The e-commerce market trends made up nearly hal ..read more
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Ocean Freight Shipping Alert: Market Demand Expected to Keep Rising
Cargologik Blog
by Miles Varghese
1y ago
COVID created a surge in market demand for goods and ocean forwarders, which has not let up since. This demand and disruption will likely continue rising for the unforeseeable future. This surge has created congestion in the shipping industry and ocean freight logistics, leading to high rates and delayed shipments.  McKinsey & Company dug into the supply chain’s realities as the Shanghai lockdown continued in late March 2022. Their findings show that the lockdown is causing such a disruption that the ramifications will affect China’s internal economy and the rest of the shipping indus ..read more
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What Is Business Intelligence in Forwarding
Cargologik Blog
by Miles Varghese
1y ago
Managing freight forwarding services and transportation logistics are complicated even in the best of situations. Implementing optimized business intelligence management practices among freight forwarding companies can help ensure customers get the information they want while freeing up team members to have time to focus on customer relationships. Everything from deliveries to shipping processes to customer service impacts forwarding services and the relationships involved from start to finish. According to a report from project44, 85% of marketers claimed delivery important to their customer ..read more
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Freight Forwarding Cost Structures and How Tech Keeps Them Balanced
Cargologik Blog
by Miles Varghese
1y ago
Ocean freight forwarders offer an invaluable service for shipping companies and transportation providers. However, keeping up with the various freight forwarder costs and fees can become a bit of a challenge, especially for smaller companies and businesses. Like most things related to freight shipping and transportation, freight forwarding charges fluctuate, sometimes quite regularly and drastically. In addition, the rising popularity of e-commerce makes the need for reliable freight forwarding services all the more tangible. This ever-growing mountain of pressure to make shipments fast, affor ..read more
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Best Practices to Maximizing Container Freight Station (CFS) Efficiency
Cargologik Blog
by Miles Varghese
1y ago
Since the onset of COVID, the state of the supply chain has fluctuated like never before, causing unforeseen delays and shortages. These delays and shortages have created a demand for automation and technology to provide an up-to-date, real-time, efficient way to manage cargo at CFS Stations.  The use of CFS Stations is highly dependent on the flow of imports and exports. According to The United Status Census Bureau, International Trade Data report, in 2022, “February exports of goods and services ($228.6 billion) were the highest on record. February exports of industrial supplies and mat ..read more
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Expectations for E-Commerce Freight Forwarding in 2022 and Why an Expert Platform Is Key
Cargologik Blog
by Miles Varghese
1y ago
Freight management, global forwarding, and supply chain logistics depend on innovative and up-to-date e-commerce shipping solutions. This includes traditional truck and road transportation and more creative and customer-focused modes such as air freight. As a ResearchandMarkets.com report published by PRNewswire, “The Air Freight Forwarding Market is expected to grow at a CAGR of around 4% during the forecasted period. Although land and ship cargo transportation remain favorable options, goods transport by air is considered the quickest and the unhindered mode of transportation.” As a result ..read more
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What to Expect From E-Commerce Freight Forwarding in the Age of Disruption
Cargologik Blog
by Miles Varghese
1y ago
E-commerce within the transportation and shipping industry encompasses all services that involve purchasing products and goods online from a retailer that must be transported and delivered to the customer at their home or office. E-commerce freight forwarding is the service that helps manage these services and keep customers satisfied while also keeping shipping costs low. Freight forwarding companies are under more pressure to provide quality and reliable freight forwarding services while still maintaining competitive prices.  What’s Driving Continued Disruption in 2022? Complex demands ..read more
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What Is Global Freight Visibility in Forwarding?
Cargologik Blog
by Miles Varghese
1y ago
Many disruptions occur in global forwarding. From supply shortages, increased rates and fees, driver shortages, bottlenecks at ports, and lack of ships, each one affects the flow of the supply chain industry.  Global freight visibility in freight forwarding is a logistical way to communicate and provide transparency even during disruptions. It relies on logistics and technology to carry the business from point A to B. Providing real-time visibility gives everyone involved a clear window into all aspects of the business from port to the final destination. In addition, it allows companies a ..read more
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How a Digital Freight Forwarder Platform Overcomes Key Challenges
Cargologik Blog
by Miles Varghese
1y ago
The international and domestic supply chain faces issues that freight forwarders have never seen since the pandemic’s onset. Staff shortages, route interruptions, financial difficulties, and freight forwarding issues have changed the ways of digital freight forwarders. A spring 2022  article on Yahoo.com says that the international logistics industry grew exponentially in 2021. North America will have the largest market share by 2026, even overshadowing the Asia Pacific industry. The e-fulfillment global market made up virtually half of the e-commerce logistics in 2021. The rise in demand ..read more
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Ocean Freight Forwarder Tips to Improving Container Throughput
Cargologik Blog
by Miles Varghese
1y ago
Since early 2020, there have been many changes in the shipping industry. Current regulations, uncertain markets, and changes in supply and demand are putting pressure on ocean freight forwarders to meet never before seen needs. More than ever, in this age of disruption, more solutions and tools are needed to remain competitive in this industry. These things sound overwhelming, but digitizing and centralizing information and communications will improve efficiency, comprehension, and container throughput.   As explained by Bloomberg, “Shanghai is now the epicenter of China’s worst Covi ..read more
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