The primary objective for all small and mid-sized logistics companies is business expansion. This growth entails acquiring new customers, hiring additional employees, establishing branch offices, and ultimately increasing revenue. However, attracting more customers and enhancing the company’s profitability requires strategic investment in key areas. With the rise of digital freight forwarders, the logistics companies are…
Today’s blog is all about the broader scope of document digitization within international logistics and freight forwarding industry and the entire supply chain ecosystem. Keep reading to remain abreast of the latest advancements in document digitization, recognizing the prevalent trend of integrating existing systems within transportation and logistics. Our focus is on delivering essential insights…
The peak shopping season is fast approaching, and the question is, whether independent freight forwarders like you are ready to deal with the tremendous rush during Black Friday. Consumer interest in Black Friday has been on a steady rise year after year. Nevertheless, it remains a significant challenge for logistics companies who need to effectively…
There are several ways in which logistics companies can cut costs and increase their profitability. However, in the present scenario, one of the best opportunities for logistics service providers to reduce expenses is to effectively deal with the problem of rising fuel costs in an innovative way. Companies in the transportation and logistics sector have…
The rail freight shipping industry is all set to play a major role in the international supply chain over the next couple of years. Shipping by railway is a much more reliable form of moving cargo since in this case, the transit of goods is in no way affected by weather conditions like rain, storm,…
The market size of the transportation and logistics industry has been projected to reach over $12 billion by 2027. This would never have been possible without the use of the up-and-coming technologies that have been helping this industry to stay up-to-date. For example, blockchain technology is taking the supply chain industry by storm. While multinationals…
The Digital twin (DT) technology which has made its way into several sectors is increasingly finding a place in the freight forwarding industry alongside Blockchain and Artificial Intelligence. The recent launch of Google’s Supply Chain Twin – a cloud-based solution that allows companies to create a digital twin- has finally heralded the full-fledged adoption of…
The new import procedures to Egypt are causing some confusion in the freight forwarding industry. In today’s blog, we have talked about the new ACID procedures for import shipments in Egypt and what foreign exporters need to do before shipping to Egypt. Wassim Magdy, the Managing Director of MGL Cargo Services, Conqueror Cairo, has provided…
The transportation and logistics industry is finally waking up to the call of digitization. The freight forwarding industry is presently undergoing a major change in their business models keeping in line with the new market trends and customer demands. However, digital transformation doesn’t simply entails the creation of an IT team and investments on new…
The market size of the transportation and logistics industry could register a CAGR of over 4% between 2021 to 2026. This is mainly because of the rise in global trade volumes coupled with the increased trade agreements across nations. As per research by Valuates Reports, the market size of the freight forwarding industry will reach…