Ocean Transportation

Freightos' expansion from air to ocean freight marks a pivotal shift in the freight forwarding industry towards integrated air and ocean solutions, processing over 1.6 million transactions annually. This integration simplifies operations, aids shippers in navigating global trade challenges, and enhances supply chain visibility, with tools like the Freightos Terminal providing real-time data insights.

Freight Forwarding Industry Embraces Integrated Air and Ocean Freight Solutions

The freight forwarding industry is increasingly adopting integrated solutions that combine air and ocean freight capabilities. This shift aims to optimize logistics for global trade and enhance the efficiency of cargo movement.

Freightos Expands to Ocean Freight

Freightos, a prominent player in the logistics sector, has expanded its services from air freight to include ocean freight. This expansion is part of a larger trend within the industry to integrate both air and ocean transportation solutions. By offering integrated capabilities, Freightos simplifies operations for freight forwarders and helps shippers navigate the complex landscape of global trade challenges. The company processes over 1.6 million transactions annually, including thousands of ocean freight quotes.

The launch of the next generation Rate & Quote Ocean tool by Freightos marks a significant step towards digitizing the trillion-dollar freight industry. This tool is designed to streamline the quoting process, making it easier for freight forwarders to manage shipping logistics across various industries.

Technological Advancements in Freight Forwarding

Technology plays a critical role in modernizing freight operations. Solutions like Freightos Terminal offer real-time industry data, providing users with valuable insights into global shipping trends. The Freightos Baltic Index (FBX) is another tool that offers reliable data for container shipping rates, aiding in decision-making for businesses involved in international trade.

The integration of air and ocean freight solutions not only improves efficiency but also enhances supply chain visibility and control. This integration allows freight forwarders to offer comprehensive logistics solutions, including customs clearance and documentation services, thereby streamlining the entire shipping process.

Collaboration and Sustainability in Freight Forwarding

The increasing collaboration between air and ocean carriers is a noteworthy development within the freight forwarding industry. By working together, these carriers can provide more cohesive and efficient services to their clients. As a result, freight forwarders are able to offer improved logistics solutions that cater to the diverse needs of their customers.

In addition to collaboration, sustainability is becoming a priority for many companies in the freight forwarding industry. As global trade continues to expand, there is a growing awareness of the environmental impact of shipping operations. Companies are exploring various strategies to reduce carbon emissions and promote more sustainable practices throughout the supply chain.

Enhancing Efficiency and Visibility

Integrated logistics solutions are transforming the freight forwarding industry by enhancing efficiency in cargo movement. These solutions offer freight forwarders better tools to manage the complexities of global shipping, ultimately leading to improved service delivery for clients.

By integrating air and ocean freight solutions, the industry is better equipped to meet the demands of modern global trade. This integration not only improves logistical operations but also provides greater visibility and control over supply chains. As the industry continues to evolve, the focus remains on optimizing logistics to support the dynamic nature of international commerce.

“The freight forwarding industry is witnessing a significant shift towards integrated air and ocean freight solutions, leading to enhanced efficiency and improved logistics for global trade.”