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How to survive in today's freight forwarding industry by Fabiola Groshan





How to survive in today's freight forwarding industry by
Article Posted: 12/19/2014
Article Views: 244
Articles Written: 9460
Word Count: 525
Article Votes: 0
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How to survive in today's freight forwarding industry


 
Business
While many people may not realize how powerful and competitive today’s freight forwarding industry is, those who work in this environment always have to do everything in their power to maintain their high standards and reduce costs as much as possible. The problem is that the industry is dominated by 10 large multinationals that hold a 44% monopoly on the entire market and gain 1% more each year. To this extent, each transportation company should seriously consider joining a freight alliance, as only this way will they manage to be a part of a larger team and have more powerful resources on their side. When you have to deal with 10 important brands in the forwarding industry, you have to be sure your own name will be appreciated and the only way to do so is to be a part of something bigger, something that potential clients will respects and that will bring you more contracts at the end of the day.

Being part of a freight alliance means that you will get in contact with new members and thus increase the number of contracts. In addition, you will have a new logo to display, one that inspires confidence and allows potential new clients to sign your contract more confidently. Furthermore, by being a part of an alliance, you will reduce costs significantly by growing your business and successfully competing against multinationals. Every freight alliance has an annual meeting where all members get together. This is the perfect opportunity to make new contacts that may come in handy the next time you need something. Also it will offer you the chance to promote your own business and build long-term partnerships that will prove very advantageous over the course of the year. Most freight forwarders complain about having to pay out a lot in order to meet with potential business partners over the years, but an annual alliance where everything is present is the perfect chance to meet everyone at the same time and save time and money that you could use to do something else.

If you are still looking for a forwarder network you can rest assured that you will be able to find something that will help you survive the competitive environment of this industry. Of course, always be sure you read all the rules of that alliance, just to be sure you have everything it takes and you avoid any unpleasant surprises along the way. Professional alliances offer their members many advantages, so take your time to study the offers and you will surely find something that puts you in the advantage. One thing to keep in mind is to be a team player and respect all the rules. Only this way will you be able to enjoy all the benefits of your forwarder network and have a positive experience. Even though the freight forwarding industry is a very competitive one, those who stay united, join an alliance and maintain their high standards are highly successful and grow their profits every year.

To join a freight alliance or find out about a forwarder network, please visit the website.

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