Online market has made our lives easier than ever before. Online platforms offer everything from electronics, apparel, food to services such as healthcare, beauty, domestic needs etc., at the ease of your doorstep. It has become common for people of all age groups and backgrounds to use mobile applications and websites to satisfy their daily needs and cravings.
<a href="https://api.whatsapp.com/message/N4CI7UNDFE2ZM1?autoload=1&amp;app_absent=0&amp;utm_source=web&amp;utm_medium=blog&amp;utm_campaign=general" target="_blank" rel="noopener"><img style="width: auto; height: auto;" src="https://cdn.cogoport.io/cms-prod/cogo_public/vault/original/Blog Banner WA 3.png" alt="blogs_whatsapp_banner" width="auto"></a>
However, there is a sector which still remains unorganized and to a great extent, offline. The freight industry is huge and in most of the countries, the potential of this industry is still untapped. Making it an online marketplace could make the lives of vehicle owners and transporters easier by providing them a platform to connect with their potential customers and businesses directly to avail their services.
A slower rate of digital adoption by the Logistics industry brings in enormous risk even for the bigger players in the business. Over the next few years, the essential concern will be the race to build a dominant global platform that would determine the winners and losers in the truly digital freight industry.&nbsp;It would also mean letting smaller companies to have a global reach and to compete with the industry&rsquo;s established giants.
The following are the benefits that digital transformation of Logistics industry would bring about to the business as well as social and environmental aspects.
<ul>
<li>Digitally enabled information services puts data at the heart of the Logistics business with the help of initiatives like analytics and logistics control towers that helps in reducing the operating costs and in improving the efficiency of operations.</li>
<li>Digital adoption of freight industry will help in trade growth by creating digitally enhanced cross-border platforms. As a result, logistics companies can satisfy the growing need of customers for same day deliveries, and promotes the concept of city logistics which will give them an entry to mega-cities.</li>
</ul>
<img style="width: auto; height: auto;" src="https://cdn.cogoport.io/cms-prod/cogo_public/vault/original/Blog-Banner-Portal-2.png" alt="blog_banner" width="auto">
<ul>
<li>Technologies such as 3D printing and Crowdsourcing offer ways to create and practice newer means to process logistics. By harnessing concepts like autonomous trucks and drones, the delivery capabilities will increase and shipments will be efficiently processed and delivered.&nbsp;&nbsp;</li>
<li>Regenerative systems will foster more sustainable product life cycle, whereby reducing the environmental footprint by this industry, as the carbon dioxide emissions and air pollution will be under control.</li>
<li>If the enterprises take the initiative to analyze big data streams, they can derive new insights that can improve the operational efficiency and enables the launch of services like &lsquo;last-mile delivery&rsquo;. This requires companies to collect data along their value chain.</li>
<li>Digital transformation brings about shared capabilities such as shared warehouses, shared transport capabilities that will increase the asset utilization and saves a lot of time and energy.&nbsp;</li>
<li>Retailers get better insights about their customers through digital touch points. It also enhances the visibility of shipments that are both internally and externally sourced.</li>
</ul>
Industry stakeholders should take notice of the benefits and come together to prioritize digital transformation initiatives, given the potential for significantly higher value to be created for society and for the freight industry.

Freight Industry is Still Offline

Why the Freight Industry Is Still Offline: Challenges & Digital Solutions

<h2>Our Focus</h2>Cogoport accelerates the creation of value in global supply chains, fundamentally transforming how users engage, leveraging transparency and efficiency, as witnessed by a rapidly growing number of platform users.<h2>Customer First, Always</h2>Our technology team continues to build a world-class customer experience, and in this post, I would like to introduce our latest team addition, Flemming Frost, a business veteran whose experience will support and complement our tech-savvy product- and operations teams.With more than 35 years of business experience from the transport and logistics industry, earned in senior positions during three decades at Maersk / Damco (Copenhagen, Shanghai and The Hague), and more recently at Tesla (Silicon Valley), Flemming is well positioned to make Cogoport more customer centric, listening to feedback, not only through customers’ behaviour on the platform, but also engaging face-to-face. This is critical to our continued innovation and ambition to be inclusive.Flemming highlights: “I am excited to join Cogoport and see great opportunities to further the mission in areas like:·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Creating a global community bringing the best opportunities to all Cogoport users·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Achieving sustainable efficiencies through deep integration·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unlocking value by innovating and automating end-to-end processes·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enabling data-driven market- and performance transparency.”<img src="https://prod-cogoport.s3.ap-south-1.amazonaws.com/8d51b2f9bb66b7c864b359771232abf6/download%20%282%29.jpeg" alt="download%20%282%29.jpeg"><h2>The Only Way is Up</h2>Cogoport is accelerating the global growth, and Flemming’s experience in managing, developing, and improving complex logistics operations and turning suppliers into partners will make a difference to all Cogoport users. As Flemming sums it up:“For all users, Cogoport a single, independent platform across transport providers, a one-stop shop where shippers have full visibility of available options and all their shipments, a platform on which they efficiently and quickly can book containers”, adding: “Carriers get real-time visibility of demand, a very low acquisition cost, especially for small and medium-sized customers, as well as a lower cost to operate such business. Combined, this enables carriers to optimize their positioning in each trade.”Reflecting back on his years in the industry, Flemming adds:“I wish I had this platform at my disposal for the past 35 years!”.Naturally, we won’t argue with him.<h2>Welcome on Board</h2>In short, I’m happy to announce that Flemming Frost is our new President of Supplier Relations &amp; International Growth. He will work to further develop our partnerships with carriers and other suppliers, and to further our mission to simplify freight.Go team!

Guides & Updates by Country and Topic

Stay updated with handpicked insights for your trade.

All articles

Freight Industry is Still Offline

Cogoport Welcomes Another Passionate Team Member!

Browse by category / topic