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THE COOP QUARTERLY NEWSLETTER

JUNE 2021

THE COOPERATIVE’S
2ND VIRTUAL MEETING

9th-10th NOVEMBER 2021 - TWO CONSECUTIVE DAYS OF CONFERENCING TO MOVE YOUR BUSINESS AHEAD!


Message from the President

Dear members,

Welcome to the June edition of The Coop’s quarterly newsletters. I hope this newsletter finds all of you in good health and spirits. I would like to start by thanking all of those members who have contributed to this newsletter with their news updates. In spite of the challenges posed by the pandemic, we have to carry on with our businesses as usual and the best way to grow your business is by partnering with reliable logistical partners to exchange projects and gain new ones.

This year the ongoing pandemic will not allow us to have an in-person meeting like we used to do before 2020. However, we have arranged for a Virtual Meeting for Coop members for the second time, the details of which can be found inside the newsletter. Make sure to be there on 9th and 10th of November for 2 consecutive days of online networking with your partners.

Like always you will find all the news from your network members in the last three months and relevant news and news bits from the logistics industry. Additionally, there is a two-part interview with a Coop member from Washington DC which is packed with interesting information and makes for a very engaging and amusing read. There is also an interview with The Coop’s Agent Coordinator Isabel Magdaleno who talks about the network, her experiences with us and offers a few useful tips for the agents. The electronic bill of landing has become a much talked about topic in our sector which is why we have included a short post where we talked about its possible advantages. I would like to end by hoping that all of you are trying your best to share a portion of your shipments for greater collaboration within the network. Do not forget that in these tough times it is the spirit of cooperation that will allow us to flourish in this industry.


Happy reading!

Kind regards,

Antonio Torres President and Founder


WE HAVE ANNOUNCED THE DATES FOR

THE COOP’S 2ND VIRTUAL MEETING!

After the success of The Coop’s 1st Virtual Meeting, we have decided to organize a Virtual Meeting once again that will remove all the obstacles to participation.

WHY DO YOU NEED TO BE A PART OF OUR VIRTUAL CONFERENCE?

  • Have a direct conversation with your old partners and meet the new Coop agents
  • Get past the adverse impacts of the pandemic and the lockdown by active collaboration with hundreds of trusted international freight forwarders
  • Online face-to-face videoconferences with 32 chosen network partners for fostering a mutually beneficial partnership and for increasing your business volume
  • Once in a year opportunity to connect with your Coop partners on one platform, at one time
  • Attend the meeting from your home thus spending considerable time away from your office
  • The online nature of the meeting means that there are no hotel/visa/flight expenses involved

We have ensured to accommodate delegates from all the different time zones to provide the much-needed flexibility for our members. Check the agenda by selecting the time zone you will be at during the event!


REGISTER TODAY FOR THE ULTIMATE NETWORKING OPPORTUNITY OF THE YEAR!

MEMBERS NEWS

Infinity Shipping Services starts their own weekly LCL consoles from Karachi to the rest of the world
Read more

Shine Logistics moves 331 containers of Disassembled Knocked Down (DKW) cars
Read more

Alphatrans Ltd executes the delivery of a crane beam by road freight
Read more

E2E Supply Chain Management moves a test bench of 26 tonnes
Read more

ACT Shipping moves 189 units of breakbulk shipment for the construction of a military hospital
Read more

Alphatrans Ltd moves an OOG shipment consisting of spray dryer
Read more

THE NETWORK

The Cooperative welcomes new members with an online tour reception and renovates its members area to create a more fuctional space
Read more


MEMBER INTERVIEW

Robert Schott, President of Airschott INC. A Coop member in Washington DC, USA

"We are local and home grown but our focus has been national and global. We’ve pursued the more esoteric, challenging and highly regulated commodities: We’ve moved satellites to their launch sites, high-explosive charges to mining/drilling sites, prototype automobiles to secret sites for photo-shoots, among others."

Read Part 1 Read Part 2

INTERVIEW

Isabel Magdaleno, The Coop's Agent Coordinator

Isabel is regularly contacted by our members for all their questions and for resolving any issues they might face within the network. She also supervises The Coop’s Agent Coordination Team ensuring high performance and productive output. Before joining the Coop, Isabel gathered a broad experience in multicultural environments where she was fully committed to achieving maximum customer satisfaction.

Read the full interview

EXCLUSIVELY FOR THE COOP MEMBERS

The Cooperative members will be awarded with a 5% rebate on subscription fees for their first year on xChange

Read more

SPECIAL

A FEW THINGS EVERY FORWARDER SHOULD KNOW ABOUT THE ELECTRONIC BILL OF LADING

The Coronavirus has forever changed the mode of operations in this industry. We are witnessing an increased digital trend with even small and mid-sized logistics companies making substantial investments towards automation of several day-to-day processes. The adoption of the electronic bill of lading by several countries is one such change that has taken place in the transportation and logistics industry. Electronic bill of ladings, the legal equivalent of a paper bill of lading, has become a very popular option among shipping companies. Elimination of the paperwork has made the process easier with a streamlined workflow for all the concerned parties.

The basics of Electronic Bill of Lading

Zero Paperwork
One of the major benefits of technology in business processes is the amount of time it helps to save. Therefore, the primary advantage of eBOL is the acceleration of operations, minimization of paperwork, and simplified work processes. No matter if you are a freight forwarder, exporter, or importer, the eBOLs will allow you the option of immediate and authenticated transfer of your original bill of lading document. The only difference is that the paper documents are now digital and they are transferred via p2p blockchain technology instead of by courier. In other words, the transfer of documents is reliant on cloud-based technology.

Make use of other modes of transport
However, do not disregard the option of rail and trucks. Rail freight is one of the most dependable modes of transportation and you can move your shipment without having to wait for months for an empty container.

Enhanced speed and security
The elimination of physical paper documents means that your bill is never going to get misplaced, lost, damaged, duplicated, or destroyed. Additionally, the eBOLs also allow you to save significant costs which are otherwise spent on courier charges. Moreover, it saves a lot of your time by reducing the transfer time of these docs from weeks to less than a few minutes.

Ensures business continuity
Losing or damaging a bill of lading can be absolutely disastrous for the freight forwarder since it can cause long delays and disruption of the shipment. However, when the document is electronic, you can easily replace it by accessing the cloud or blockchain network. This allows you to save a lot of time and headache and carry on with the trade seamlessly.

It is widely believed that the wide-scale implementation of the electronic bill of lading will be a game-changer in the transportation and logistics industry. It will result will in quicker and more efficient transactions, cost-cutting, risk elimination, and more security. According to CMA CGM, they will come with the same level of insurance coverage as the paper BOLs.

However, there is still the issue of safety and acceptability. Since many countries are still not ready for the use of eBOLs. For example, in England, it is still not recognized as a viable document. In conclusion, we can say that it will still take some time for the global shipping industry to implement a uniform system of electronic bill of lading but the process has already begun and we are heading towards that path.


LOGISTICS NEWS

DHL is teaming up with Locus Robotics to have 2000 robots in over 20 facilities by the end of 2021

This warehousing automation partnership which started back in 2017 is an important step towards implementing DHL’s digital strategy.

DHL- the German supply chain multinational has recently announced a framework agreement that will expand its collaboration with mobile robot manufacturer Locus Robotics. DHL’s initial investment towards robotics technology helped to improve their operational efficiency and now they are going to make use of 2000 assisted picking robots by the end of this year. These robots will be used in e-commerce departments and in their commercial warehouses to assist with several processes related to inventory and packing.

Robotics technology has already proved to be effective and reliable in modern warehousing processes. The assistive picking robots will be sent to several DHL warehouses location and its potential in the supply chain industry is vast. It will help to cut costs on manual labour used for handling pushcarts. Moreover, it will reduce the workload of employees and result in increased efficiency. The Locus robots display images of items they will be picking. Additionally, it also figures out the easiest navigation route to further reduce the time required.

In the words of Mr. Rick Faulk, the Locus Robotics CEO, "Our expanded partnership with DHL reflects the increasing demand for warehouse digitization worldwide to meet today’s exploding fulfilment challenges... Locus is proud to be a valued technology resource that is helping DHL realize their strategic vision of digital transformation."

MORE LOGISTIC NEWS AT A GLANCE

Severe forest fires in California, USA, are posing a threat to the growing logistics network in the region

The wildfires are damaging the buildings and choking up the transportation arteries making it very difficult for logistics service providers to operate

US President Joe Biden launches a multifaceted supply chain plan to ensure the smooth movement of cargoes ranging from pharmaceuticals to microchips

The Biden administration will create a task force to prevent supplychain disruptions and address possible obstacles that come in the way of economic recovery

Teleport, the logistics division of AirAsia, is strengthening its presence in major routes with the addition of its very first freighter and the conversion of two passenger aircrafts

They have decided to invest in their freight operations to strengthen the route connecting China, India, and South East Asia and expand its logistics footprint in the continent

IAG Cargo the cargo handling division of International Airlines Group has announced a new air cargo route from Spain to Ecuador

The new cargo services which will start in October will use Airbus A340-600, Iberia’s largest aircraft while a new facility is under construction in Quito, Ecuador

The surging commodity price in China has adversely affected the Chinese supply chain front-liners

While the rising commodity costs are threatening the economic wellbeing of the citizens, the factories, farms, and power plants are worst affected


LET'S KEEP GROWING

The Coop is currently covering 133 countries represented by 309 freight forwarders around the world.

HOWEVER, THERE ARE STILL A FEW CITIES IN NEED OF COVERAGE!

Take a look at the cities needing coverage and tell your friends in the industry about the advantages of becoming a Coop member. If the agent you are referring to eventually becomes a part of our network then you will get a 25% discount on your upcoming annual membership fee.

If you refer more than one agent who successfully becomes a part of our network then you stand a chance to get a maximum of four discounts every year which means that your membership fee could be just 0 for the coming year!

Make sure to spread the word about our network and send us referrals of eligible and reliable freight forwarders!

Examples of cities needing coverage

Aarhus

DENMARK

Erbil

IRAQ

Budapest

HUNGARY

Sialkot

PAKISTAN

Manama

BAHREIN

Beirut

LEBANON

Sana'a

YEMEN

Helsinki

FINLAND

Dar es-Salam

TANZANIA

Damascus

SYRIA

San Salvador

EL SALVADOR

Belgrade

SERBIA

Moscow

RUSSIA

Zagreb

CROATIA

Luxembourg City

LUXEMBOURG

Sofia

BULGARIA


PUBLIC HOLIDAYS

You can check all the public holidays and details on www.officeholidays.com


THE COOP BIRTHDAYS

SEBASTIAN NICKEL-EBERLE

01-JUL

NEERAJ MAKHIJA

20-AGO

RAJESH LOCHAN

03-JUL


ABDUL RAHIM KASIM

20-AGO

NANCY WEI

03-JUL


RAS MASOOD

23-AGO

KEITH NG

05-JUL


TEKAD SUKATNO

23-AGO

RIZWAN AHMED

05-JUL


ERIC WANG

27-AGO

STEFANIE PUDLO

06-JUL


LINA LIU

28-AGO

DAVID MARX

06-JUL


VARUN GHAI

03-SEP

AJAY KALATHIL

07-JUL


LINDA PITTO

07-SEP

SOURAV MISHRA

11-JUL


HING SOTHA BUON

09-SEP

MARKUS HUETER

17-JUL


HERMES HUANG

15-SEP

EIKICHI ODAKA

17-JUL


ISLAM RAKIBUL

15-SEP

DILEK OKTAY

23-JUL


BYRON VATHER

16-SEP

LILY CHEN

26-JUL


DARROCH QUINN

16-SEP

BRIAN GOMES

02-AGO


CHRISTIAN MATOS

21-SEP

KISHAN SHETTY

05-AGO


LUIS PINTO

23-SEP

JULIA TOSCHENKO

06-AGO


STEFANO ADANI

24-SEP

DARNLEY WEI TZUN CHUA

06-AGO


KATIE ROTA

24-SEP

ALEX SANTANA

07-AGO


DEJI ADEDOTUN

25-SEP

VANESSA ACE ESTELLA

08-AGO


ISGAAQ RYKLIEF

25-SEP

BETUL BASER

09-AGO


ANNA LARSSON

27-SEP

KIRILL GORDEEV

10-AGO


JERRY CHAN

30-SEP

SKYE LIU

11-AGO


PEGGY KAO

30-SEP

CHRIS JOHNSON

12-AGO


JUDY SONG

30-SEP

HEBERTH MARQUES

12-AGO


JOHN PEDEN

30-SEP

ROSHAN ANTON MIRANDA

17-AGO





ENDORSED MEETINGS

The Cooperative Logistics Network is collaborating with many industry events and members can enjoy exclusive discounts.

Check the list of events

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