After two decades of experience in export and freight forwarding sectors, CoLoadX CEO Fauad Shariff has seen it all. In his current position at the helm of a marketplace for freight forwarders and NVOCCs, he’s trying to help freight forwarders solve the complexities of international logistics, rather than waste time and effort shopping for rates, or tracking shipments.
If you work in logistics, there’s a good chance that your company, and even your position, will look very different in a few years. That’s because the technology that makes our jobs possible is improving so fast that we’re still struggling to catch up!
The emphasis is being placed on client satisfaction, customer management, and finances affecting the profit margins. Good organization and planning have become critical in exporting and importing. As the years have passed, the freight industry has turned to technology to increase profits by streamlining their business.
At this point, you should be asking yourself, is my company heading the right direction? If the answer is yes, the five new trends in digital technology posted below will be of particular importance. If you haven’t been keeping up, now is a great time to get on board.
Freight forwarders are an integral part of the supply chain and global maritime trade..
A freight forwarder serves as a conduit for global trade between importers, exporters, BCOs (Beneficial Cargo Owners) and the transportation and regulatory entities such as shipping lines, customs, port etc..
The moment a freight forwarder signs/accepts a contract (although discouraged, remember that a contract may also be verbal) with the customer, they are exposed to several unique risks and liabilities..
This article discusses the risks and liabilities of a freight forwarder..
“How do I know the bill of lading issued is a House Bill of Lading or a Master Bill of Lading..??
Is it mentioned anywhere on the bill of lading that it is a House Bill or a Master Bill”
I really love such basic but curious questions because it rejuvenates the gray matter.. Thanks for the question Imtiaz..