Freight forwarders are the most crucial link in the chain of global trade who is responsible for moving shipments on behalf of the cargo owner. The role of independent freight forwarders in the domestic and international movement of shipments is absolutely vital and involves a variety of functions. However, not all independent freight forwarders have…
Globalia Blog
Month: December 2021
The use of digital twins in transportation and logistics
Digital twin has come up as the latest technological trend in the transportation and logistics industry. IBM defines the digital twin as a ‘virtual representation of an object or system that spans its lifecycle, is updated from real-time data, and uses simulation, machine learning, and reasoning to help decision making.’ Although this might sound like…
Cargo insurance: Types of insurances and how it benefits the independent freight forwarders
An in-transit shipment is prone to a variety of risks that could lead to potential damage or even loss of your cargo. Independent freight forwarders are surely aware of the countless risks entailing the international movement of cargoes and this is precisely where cargo insurance comes into the picture. If a cargo is lost at…