The international logistics networks encompass numerous critical elements such as speedy cargo movement, efficiency, documentation, and supply chain digitization. Among these aspects, one definitely stands out as outdated: paperwork. Engaging in repetitive tasks like signing bills, manually sending quotations and invoices, inputting data into documents, and paperwork demands meticulous attention to detail. Even the tiniest…
The Cooperative blog
Digitization in international logistics operations: The importance of online paperwork
Advantages of digitizing ocean freight shipping operations
The shipping containers which were invented back in 1956 stand as a remarkable innovation that has left an indelible mark on maritime history. Even though nearly 70 years have passed since the origin of shipping containers, the fundamental aspects of container operations have remained largely unchanged, including the manual and opaque procedures governing its operations….
Direct shipment vs transshipment in the ocean freight shipping
In ocean freight shipping, people are often faced with two distinct choices- direct shipping and transshipment. Both methods have their advantages and disadvantages, and it’s essential to understand them to choose the best option for your business needs. In today’s article, we are going to discuss the benefits of direct shipping and transshipment in ocean…
Things to know before moving heavy equipment
Most independent freight forwarders who provide OOG cargo services are often required to move heavy equipment both domestically and internationally. However, moving machinery is a challenging activity that demands skill, knowledge, and manpower to prevent any damage to the expensive parts. Even with the use of new machine-moving equipment such as heavy-duty transporters and air…
How Vietnam is coming up as one of the foremost player in the Asian freight and logistics market
The freight and logistics market in Vietnam is steadily expanding and in the next five years, it could reach a CAGR of over 5.5%. As one of the upcoming nerve centers of international manufacturing, this country is the biggest beneficiary of the US-China trade conflict. In 2019 Vietnam had the largest yearly flow of foreign…
How freight forwarders can benefit from an FIATA membership
Freight Forwarding Industry: With its headquarter in Geneva, Switzerland, FIATA is currently one of the most reputed organizations in the Freight Forwarding Industry, becoming a member of which offers a set of unique advantages for logistics companies. FIATA – or the International Federation of Freight Forwarders Associations is the largest non-governmental transport association of freight…
“I am exporter and I am selling EXW, FOB or CIF”: An online event with the most common mistakes made when applying Incoterms rules
The logistics industry has a set of unique terminology that facilitates more effective communication throughout the supply chain. The use of these terms help to save a lot of time. In the logistics industry, Incoterms or International Commercial Terms have globally recognized rules that ease the buying and selling process. It does so by providing…
The big picture of air freight shipping
Air freight shipping accounts for more than 6 trillion USD worth of shipments every year which makes up around 35% of global trade by value. Customers these days expect high-speed deliveries which is one factor why shipping companies opt for air freight to ship their cargo around the globe within the shortest possible span of…
How in-person meetings can boost operational efficiency of freight forwarders
To survive the ever-increasing competition in the logistics sector, small and mid-sized logistics companies need to focus on building lasting relationships with competent partners. Participating in a freight forwarders conference is one effective strategy that could help them strengthen the bottom line of the businesses of independent freight forwarders like you. The Coop’s 6th Annual…
How to choose the best logistics network
Independent freight forwarders looking to augment their sales and hit the global market can benefit substantially by becoming a part of one of the best freight forwarders networks. The best logistics networks which act as an international umbrella network of vetted freight forwarders can help small and mid-sized companies to better compete with the multinationals…