Global Logistics Alliance (GLA) is the world’s fastest growing network of global logistics companies and independent freight forwarders with a network of more than 5,000 logistics companies from 170 plus countries, connecting all the major ports across the globe.
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Global freight forwarders.pptx
1.
2. Global freight forwarders employ several
strategies to mitigate risks associated with
international shipping and customs
compliance:
Regulatory Compliance: Freight forwarders
stay updated with the ever-changing
international trade regulations.
Insurance Services: Freight forwarders often
offer cargo insurance to protect shipments
from unforeseen events like theft, damage,
or loss during transit.
3. Supply Chain Visibility: Many forwarders
offer technology solutions that provide real-
time visibility into the location and status of
shipments. This transparency helps in
identifying and addressing issues promptly.
Strategic Partnerships: Freight forwarders
often have a network of reliable
international partners. They collaborate with
trusted carriers, customs brokers, and other
service providers to enhance the security and
efficiency of shipments.
4. Contingency Planning: Freight forwarders
create contingency plans for potential
disruptions, such as natural disasters or
geopolitical events. They can quickly adapt and
reroute shipments if required.
Continuous Training: Forwarding companies
invest in staff training to ensure their employees
are knowledgeable about the latest regulations
and risk management techniques.
By taking these measures, global freight
forwarders aim to provide a reliable and secure
logistics service, reducing the risks and
uncertainties associated with international
shipping and customs compliance.