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Is your freight invoice accurate? A new study claims it might not be.

The Logistics & Supply Chain Management Society

Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this.

Study 246
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Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supply chain resulting. TRAMES is all about International Freight Orchestration (IFO).

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Molex Prizes Agility

Logistics Viewpoints

Based upon the complexity and interdependencies of this supply chain, “we had an intense need for in-transit visibility”, Mr. Eberle said. There was no air freight possible then into Europe,” added Gerald van den Eijnden. The planners could choose to switch cargo from a slow-moving ship to air, for example.

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The Beginning of the Beginning: A Progress Report on the Digitisation of Supply Chains

The Logistics & Supply Chain Management Society

An indication for this belief is the level of fundraising reached by digital players like Flock Freight, a trucking platform and project44, a supply chain visibility platform, which reached US$113.5 million and US$100 million respectively. Actors themselves need to overcome their resistance to new business models.