The digitization of freight forwarding operations has led to a rise in digital freight forwarding platforms. With these technology solutions, freight-forwarding businesses have improved their operations and ensured that customers get the best experience, which includes faster deliveries, total transparency, and compliance with all necessary policies between the origin and destination of the cargo.
What is a Digital Freight Forwarding Platform? A digital freight forwarding platform is a technology solution that allows freight forwarding businesses to plan, coordinate, and execute their operations, procure and manage rates efficiently to facilitate an all-around digital real-time shipping experience for their customers.
Freight forwarding operations especially for rates come with their fair share of complications. From instant rate acquisition to analysis, proper management of these rates is needed to effectively negotiate with carriers and generate the best possible quotations for the clients. The problem is that these processes can be tedious to complete, and navigating between them can lead to errors and inefficiencies.
However, with a digital freight forwarding platform, such activities can be done seamlessly with fewer complications and in the shortest possible time frame.
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Top Digital Freight Forwarding Platform in 2024 Digital freight forwarding platforms are critical tools in today's freight market. Naturally, this mushrooms the number of digital freight forwarding tools in the market. However, here are the top performing with the best features and their ratings:
myCEVA myCEVA is a freight forwarding platform and a part of the global logistics conglomerate CEVA Logistics. It provides end-to-end solutions across the entire freight forwarding operation, which helps simplify shipment management. The digital freight platform puts freight businesses in control of the entire situation while ensuring seamlessness and flexibility in the supply chains.
Key Features End-to-end shipping solutions: Providing a collaborative platform where shippers and carriers work together seamlessly Instant quotation: Generate quotations for bids and client appraisal in minutes, leveraging real-time access to market rates Dashboard: This enhances the freight business and customers' ability to monitor and track all shipments Automated Documentation: It enhances the entire documentation management and processing process, leading to more streamlined processes. Enhanced visibility: Leveraging real-time access to shipment data to promote visibility throughout the operation. Rating 4.5 out of 5
Flexport Flexport is a freight forwarding solution that coordinates global logistics and empowers businesses to ship anywhere, sell everywhere, and grow faster. With the platform, freight forwarders have a comprehensive suite of freight forwarding services over multiple modes of transportation.
Key Features Shipment tracking: Allows multi-modal shipment tracking and visibility for ocean, air , and land forwarding operations Real-time collaboration with all parties in the freight forwarding operation. Expert freight brokers on standby to help out with advice and offer expertise in freight forwarding and shipping operations. Rating 4.4 out of 5
sennder sennder is one of Europe's leading digital road freight forwarding solutions. It specializes in full truckload (FTL) shipments and uses machine learning algorithms to match shippers with carriers, optimize routes, and reduce transportation costs. The platform boasts a proprietary technology for heightened transparency and flexibility across freight forwarding operations.
Key Features Complete visibility into the entire shipping and freight forwarding operation Freight rate procurement and shipment management to enhance quotation generation and close deals faster.Leverages machine learning and AI for data analytics to gain valuable insights into the state of the freight forwarding operation and identify areas of improvement Trucking freight: the platform solely operates in the truck freight forwarding industry Rating 4.4 out of 5
Saloodo Saloodo provides an efficient and convenient digital solution for logistics purposes. The platform connects shippers to an extensive network of carriers and allows for an effective booking and management of the entire freight process, including access to real-time rates and other critical information.
Key Features Book and manage Freight Extensive intermodal carrier network Extensive Freight forwarder network Access updates about shipment tracking, like status and location Electronic proof of delivery upon completion. Rating 4.5 out of 5.0
Beacon
Beacon is a platform that provides its users with digital tools to enhance operational decision-making and speed up the freight process. It makes global trade operations much more efficient and streamlined.
Key Features Shipment tracking Manage purchase order Quick response through email notification Real-time data Rating 4.4 out of 5.0
Best Freight Rate Procurement and Management Platform Your digital freight forwarding tech stack is incomplete without a rate management tool that can automate and digitize rate procurement and management. It must also integrate with existing digital tools such as your TMS and CRMs in your freight forwarding operation to ensure seamless communication between all the processes and stakeholders involved in the freight forwarding operation.
Freightify: Leader in Freight Management on G2 Freightify provides an all-around approach to handling operations. With the application, freight businesses can procure, manage, and quote freight prices in less than 2 minutes. That is a big step considering that the same tasks could take the traditional freight forwarding operation days.
With the Freightify platform, freight forwarders have an efficient mode of communication with their customers, enhancing their entire shipping experience. The platform provides a white-labeled customer portal that can be branded or customized as the freight business desires.
Freightify facilitates freight-forwarding operations, providing immediate access to negotiated contract rates with carriers and real-time spot rates. This way, freight forwarders can acquire rates in minutes and send quotations in seconds. Faster quotations put them in an excellent position to get the desired contracts.
Key Features Rate Procurement: Acquire rates in real-time for ocean, air, and FTL shipping; process contract rates; and access rates from a wide network of global carriers.Rate Management: Source new rates from a variety of sources and upload them to the platform in multiple ways, search and filter the rates efficiently, and automatically add margins using rules.Integrations : Integrate with popular and homegrown TMS solutions for freight forwarders to integrate transport data. You can also integrate your CRM and ERP solutions to Freightify to track quotations, bookings related to a customer. Quotation: Generate a quotation for clients in less than 30 seconds and manage all quotations on one platform.Customer Portal: Freight businesses can create customized portals for their customers, allowing them to to seamlessly interact and engage with the freight business services.Track and Trace: Freightify’s track and trace feature ensures visibility and transparency throughout freight forwarding.Pricing The Freightify platform has different price ranges:
Essentials: $999/month Standard: $1499/month Enterprise: Customizable (contact Freightify for more information) Rating 4.8 out of 5.0
How Can Freightify Help You Become A Digital Freight Forwarder? Through the Freightify platform, freight forwarders can automate and digitize most of their processes, including rate procurement and management. It also integrates with existing systems in your operation to ensure seamless communication between all the processes and stakeholders involved in the freight forwarding operation.
Key Features To Consider In a Digital Freight Forwarding Platform These are features and functionalities to look out for in a digital freight forwarding solution. They act as a guide to ensure that the software is the right fit with a freight forwarding organization.
Online Booking A good digital freight management platform must allow freight businesses to acquire rates instantly and enable customers to request quotations from freight businesses. It should also allow customers to book and process shipments seamlessly.
Real-Time Tracking Customers and freight businesses are increasingly clamoring for visibility and transparency throughout the freight forwarding operation, and these are only achievable through real-time tracking of shipment and cargo , which makes the feature a necessity in freight operations.
Automated Documentation Freight forwarding operations can be hobbled because of improper documentation or certain errors in the documentation process. With automated documentation, freight businesses can quickly generate bills of lading, customs paperwork, and proof of delivery.
However, it is important to properly manage digitization when it comes to processing customs and compliance management, warehousing and tracking, documentation management, and customer relationship management.
Integration with Carriers Digital freight forwarding platforms give access to various carriers across multiple modes of transportation. However, they must be able to integrate with carriers, which enables access to real-time rate acquisition and allows them to choose the best shipping option.
Analytics and Reporting This feature ensures that the digital freight forwarding platform can showcase valuable insights concerning freight operations, including carrier performance, rate comparisons, and tracking market stability or volatility. It helps freight forwarding businesses and shippers plan and adjust their operations for more efficiency.
Customer Portal A customer portal allows customers to access shipment information, track their orders, and manage their accounts independently. This self-service feature enhances customer experience and reduces the burden on the customer support team of the freight business.
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Benefits of choosing a digital freight forwarding software Digital freight forwarding solutions hold much value in the current freight market. It allows freight businesses to enhance their operations and processes through the following:
Increased Efficiency Digital freight forwarding software allows or provides an opportunity to automate the manual processes in the traditional freight operation. These processes include booking shipments, document generation, and shipment tracking. Automating these processes will enhance efficiency in freight operations.
Improved Visibility and Transparency Real-time tracking capabilities allow freight forwarders and customers to gain visibility into the shipment status at every step of the freight forwarding operation. This also promotes transparency, allowing all stakeholders to work together. It helps to minimize delays and improve customer service.
Enhanced Communication Digital freight forwarding solutions provide ample tools for communication, such as messaging, notifications, and alerts. This way, there is seamless communication between freight forwarders, carriers, and customers. Enhanced communication will also improve collaboration efforts, leading to more streamlined freight forwarding operations.
Scalability and Flexibility The average digital freight forwarding tool allows freight forwarders to adapt to changing business needs without worrying about redundancy or cost increases. Freight businesses of all sizes can leverage the tool to carry out their operations effectively.
Compliance and Security Compliance can be a big issue for freight forwarders, especially in documentation. With freight forwarding software solutions, these businesses can adhere to regulatory requirements efficiently, allowing them to mitigate risks and standardize operations using industry norms.
Frequently Asked Questions How is AI transforming freight forwarding? AI is revolutionizing freight forwarding operations by leveraging route optimization, predictive analytics, and automation functionalities. This has opened the door for platforms and solutions to enhance decision-making and personalize the customer experience, leading to efficient operations and improved customer experiences.
What is the difference between traditional and digital freight forwarding? The difference between traditional and digital freight forwarding lies in the approach to the process or operation. Digital freight forwarding leverages technology to enhance these processes, improving visibility, communication, documentation, data analytics, and customer experience. On the other end, traditional freight forwarding entails carrying out these processes manually.
