Globalia’s Annual Meeting goes virtual for the second time hosting more than 1150 meetings

The cloud conference on 14th and 15th October afforded the delegates a perfect opportunity to network with their logistics partners and attend the online FreightViewer workshops

Globalia concludes its 2nd Virtual Meeting successfully, that expedited networking among the members and reunited them virtually. After the great reception of their 1st Online Conference, the Globalia’s team worked hard to surpass the previous meeting experience. The Virtual Meeting enabled the members to assemble on one platform and consolidate relationships with their network partners.

Members participated in more than 1150 one-to-one video conferences during the two days of the event. Furthermore, the professional and user-friendly meeting platform created by Globalia made for a seamless conferencing experience. It organized all the video conferences automatically according to the agenda and time zone of the delegates.

Globalia's 2nd virtual meeting of independent freight forwarders
Globalia’s 2nd virtual meeting concludes successfully

“It has been wonderful experience, thanks to the Globalia team, who made it possible,” says our Globalia Member in Karachi, Pakistan.

The primary goal of the conference was to encourage a perfect working partnership between the network members. The meeting majorly contributed to expanding the scope and opportunities of the member companies. Moreover, Globalia’s team was always present to help members with every step of the meeting process.

“Globalia Logistics Network’s Virtual Meeting is a great platform where to improve your work and increase your business activities,” declares our Globalia member in Jeddah, Saudi Arabia.

Additionally, this year, the delegates also had the chance to touch base with their network partners during the coffee breaks. They had the choice to access a room with up to 5 random participants and engage in informal discussions. This allowed to promote a sense of trust and bonding within the network. This is expected to strengthen the partnerships and have a positive impact on the number of concerted projects.

The event started with a Welcome Speech from Antonio Torres, the President and Founder of Globalia Logistics Network. Next, the members started with the one-to-one business discussions. Additionally, members also took part in the FreightViewer workshops. Andrea Martin, Globalia’s FreightViewer Coordinator, explained the new features added to the software.

According to Antonio Torres, “This year we once again organized a cloud conference keeping in mind the safety concerns of our members. Our virtual meeting yielded a remarkable outcome for the second time. All in all, it had been a wonderful and highly productive experience. It gave our members a chance to expand their operations in a time when the shipping industry is facing an unprecedented crisis. The meeting allowed the delegates to set the stage for new collaborative projects that forms the basis of our network. I am confident we will be able to conduct an in-person meeting next year when we leave the pandemic behind us.”

 

Sea freight trends and challenges: A postpandemic outlook

Globalia member in Porto Alegre, Brazil, explains to us the tendencies and challenges of the sea freight industry and how they are dealing with them

The last one and half years have been a rather tumultuous one for the international sea freight shipping industry. The lockdown and the pandemic-related restrictions had severe repercussions on international trade. Moreover, the container shipping industry is also having to contend with the problems of port congestion and container shortage. In spite of all the challenges, the sea freight forwarders are continuing to move goods across the world offering logistical solutions to keep international trade afloat during these difficult times.

Instability of ocean freight rates

It can be said without a doubt that the container crisis has led to the soaring sea freight rates. Added to this, other issues like limited air freight capacity, overuse of split shipments, changes in shopping trends, and the shortage of equipment also hiked up the shipping costs. As stated by Mr. Fernando Meyrer from the Shipping Department of Clemar Logistics, Globalia member in Porto Alegre, “The values of the freights have increased a lot, and it impacts the entire Brazilian market. If we talk about imports, the rising freight rates also affect the duties and taxes. This means that, besides the international freight, the importers also pay more duties and taxes here in Brazil.”

To cope with this situation Clemar Logistics has been focusing on advance planning of their shipments. “As a company with over 20 years of experience in sea freight shipping, we fully understand how planning can help us serve the interests of our clients. We have a very close relationship with our clients. We make sure to treat our customers’ shipments with priority. For this reason, we plan the shipments beforehand and manage to avoid the delays and surcharges,” adds Mr. Meyrer.

The problem of container shortage

The global container shortage is yet another constant trend in the sea freight shipping industry since 2020. Additionally, the congestion in several ports around the world has resulted in backlogs, delays, and blank sailings. This in turn has further complicated the container shortage problem. Several ports are still trying to deal with the backlog of containers and the situation isn’t likely to improve till the end of this year. Presently, container manufacturers are racing to produce sufficient supplies of boxes to cope with the demand for containers.

Mr. Meyrer explains that “It’s very hard to find containers and all vessels are overbooked. For export cargoes, basically, you have to keep in mind that you will only get a booking for a shipment with a date of departure approximately one month after the request. This is probably one of the most difficult aspects of my job. However, we are managing to cope with this problem by informing our clients about all the steps while optimizing time and resources. Our team works constantly and coordinates with all the parties to successfully execute our customers’ projects.”

Seafreight trends and challenges for independent freight forwarders
Trends in the sea freight shipping industry

Increased dependence on technology

Instead of relying on paperwork, the sea freight industry is now embracing digitization. The Covid-19 induced complications have pushed the ocean freight forwarders to make use of new online platforms. More and more companies in this sector are now increasingly dependent on a host of software that helps with freight booking, quotation generation, spot booking, shipment tracking, and more. All the multinationals like Maersk, CMA CGM, Hapag Lloyd, etc are using artificial intelligence to better serve their customers.

Small companies are also using AI-based platforms to keep up with the competition and make more informed decisions in this volatile situation. Clemar Logistics for example has digitized its manual processes to automate their processes and minimize human errors. “The most important benefit of digitization in this sector is that it is allowing us to offer more flexible services for our clients,” says Mr. Meyrer.

A rise in the use of cargo insurance

Having cargo insurance greatly helps to cover all sorts of risks related to the damage or loss of a shipment. They protect the importers/exporters from substantial financial losses. For example, they will be protected in case of untoward incidents like an accident, natural disaster, piracy, or customs rejection. According to Mr. Meyrer, “The price you pay for the insurance is not even close to the loss you may incur if your cargo is damaged. Therefore, we always suggest our clients to get international insurance on their cargoes.”

Now that we are going through one of the most difficult times for the international shipping industry, the relevance of competent freight companies has become abundantly clear. “Experience, industry knowledge, and the right contacts are some of the most important factors that are allowing us to attract new clients and provide the best logistical solutions. Honestly, I just hope that in the future the prices will stabilize, empty containers will be found easily and the shipping lines will be more committed to sticking to their schedule,” concludes Mr. Meyrer.

We wish Clemar Logistics the very best for their future endeavours!