China’s transportation and logistics sector is expected to expand significantly in the coming years, with a projected compound annual growth rate (CAGR) of over 6% from 2022 to 2027, according to a recent Research and Markets report. This growth is fueled by robust government regulations, extensive infrastructure including road, rail, and transportation networks, a vast…
The Cooperative blog
Tag: logistics companies
How the best freight forwarding companies can promote the sustainability of their organizations
The transportation and logistics sector presently contributes to 24% of global net emissions, with this percentage steadily climbing due to increasing global commodity demand. Consequently, freight forwarding companies are engaged in fierce competition to embrace more sustainable practices, spurred by the rising need for eco-friendly logistics solutions. These forwarders are endeavoring to match the sustainability…
Digitization in international logistics operations: The importance of online paperwork
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 Among these aspects, one definitely stands out as outdated: paperwork.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…
Lead generation and client acquisition strategies for freight forwarding companies
Lead generation and lead nurturing are very important strategies that can help small and mid-sized freight forwarding companies grow the scale of their operations. A lead can be defined as any person who shows interest in your service. However, generating leads for your freight forwarding company is not enough to gain you new clients. As…
The best CRM software for freight forwarding companies
The sole aim of all small and mid-sized freight forwarding companies is to grow their business. Growth in this context implies getting new customers, taking on new employees, opening branch offices and eventually generating more revenue. However, getting more customers and boosting the bottom line of the company necessitates more investment in the right areas….
How to strengthen your relationship with your network partners
Productive collaboration and relationship building are paramount to the success of an independent freight forwarder. Cementing your relationship with logistics partners is indispensable for gaining an international presence. As a member of the Cooperative Logistics Network, you stand the chance to get businesses from partners across 327 territories around the globe. However, keep in mind…
Tips to avoid demurrage and detention fees in the container shipping industry
Freight forwarders who regularly send out sea freight shipments are surely aware of the much-dreaded demurrage and detention charges. Demurrage and detention fees were introduced as compensation to the equipment and container owners for the use of their warehouses, container yards, freight stations and containers. These fees act as an incentive for the shipping companies…
A Look into the Future of the Freight Procurement Process
The last one and half years have been extremely challenging for the transportation and logistics industry. Apart from the devastating effects of the pandemic through all sectors of the supply chain, the logistics industry also had to deal with the impact of Brexit. Furthermore, they had to contend with the port congestion and the blocking…
International Shipping in the times of Ramadan: Tips for a seamless experience
Ramadan is about to come, this year the Ramadan starts from 13th April and ends on 12th May. That is why, international shipping companies that offer services in Islamic nations of the Middle East and Africa face considerable work pressure during this time. This period is going to be one of the busiest periods for…
A new customer-centric approach to digital marketing
Client satisfaction is one of the objectives that all businesses – especially logistics companies – need to take seriously. Independent freight forwarders need to give special attention to what their customers expect from them. Therefore, then, they will be able to come up with a company strategy in line with the client’s expectation. Their requirements…