See, What’s Trending In Freight Forwarding Industry

Traditionally, the Freight Forwarding industry has been sluggish in capitalizing on technological advances. This has come at a cost: issues at ports have impacted productivity and delayed Shipping Agencies times, including an influx of mega-vessels and congestion from trucking. 

It is imperative that Freight Forwarding Agencies make use of new technologies to streamline these procedures, optimize business efficiency and safety, and level the playing field for SMEs around the globe that wish to participate in small, cost-effective international trade. And the industry is starting to sit up and take notice: here are the five top tech developments that are reshaping freight transportation. And the industry is starting to sit up and take notice: here are the top five tech trends that reshape Freight Forwarding.

• Focus On Cyber security

A few years back shipping giant A.P. Moller-Maersk became a cyber-attack victim. Freight Forwarding Agencies have changed with the times since the cyber-calamity took place, shifting from conventional methods to quicker, more flexible, digital solutions. Most ecommerce Logistics companies that are just beginning the road to digitization will at least be able to incorporate comprehensive cyber security into brand-new systems as they introduce them, which appear to be less onerous than trying to improve safety within legacy applications and platforms.

• Making Use Of Real-Time Data

The availability of real-time information will enhance Maersk Line sailing schedule and planning, and make resource use more efficient. Ports that effectively use data-sharing tools will minimize port congestion by optimizing project cargo flow, increasing efficiency through more coordinated preparation and deployment of labor and equipment.

Real-time access to data can also be of interest to customers. If Freight Forwarding Agencies collect shipping data from the many sources and systems involved in ocean transport and show it directly to customers, customers can keep track of their shipment more effectively and, in effect, keep their customers updated.

• “IOT” Solutions

The next move is to further enrich Shipping Agencies data with the help of the Internet of Things after aggregating Contract Shipment data and presenting it to customers via a single user interface. 

• Growing Customer-Centricity

The Freight Forwarding sector has historically been very process-focused while offering services to firms, businesses and individuals with shipping needs.

• Block chain Adoption

Block chain is a technology that is very hyped and often misunderstood, but logistics is one of the few fields where it is actually being implemented, and is already having an impact. Moreover, if the freight is a no-show at the port, all the tokens deposited will be issued by the shipping company. Likewise, the shipper will receive all of them if the carrier fails to ship the freight according to the booking.

In turn, digitization adds more mobility to the world of freight transport. This is essential in the new age of global trade, in which conflicts and uncertainties are universal. Such events will impact shipping policy and execution around the world, but they are difficult to plan for, making digitization something that carriers, Freight Forwarding Agencies and shippers alike cannot afford to ignore any longer.