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.
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