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The introduction of standardized shipping containers in the 1950s further revolutionized the industry by enabling more efficient handling and transport of goods. The rapid advancements in technology have been a driving force behind the evolution of Freight Forwarding. The adoption of computerized systems and the internet revolutionized the industry, enabling faster communication, real-time tracking, and streamlined documentation processes. The rise of globalization and the proliferation of trade agreements have significantly impacted freight forwarding.
Electronic Data Interchange (EDI) and online platforms have facilitated seamless collaboration between stakeholders, improving visibility and efficiency throughout the supply chain. Moreover, the integration of GPS, telematics, and IoT devices has enabled precise tracking of shipments, optimizing routing, and reducing transit times. Automated systems powered by artificial intelligence (AI) and machine learning (ML) algorithms have further enhanced predictive analytics, demand forecasting, and inventory management for freight forwarders and their customers.
Read More @ https://cmibloginsight.blogspot.com/2023/06/freight-forwarding-navigating-global.html
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