Changes in Traditional Freight Forwarding

Editing | Jamie

With the continuous development of new technologies, the freight forwarding industry has also ushered in change. In traditional freight forwarding, the cargo owner and the carrier need to complete the cargo transportation link such as quotation, booking, and delivery of the manifest by offline means such as telephone or email. The process is lengthy, time-consuming and error-prone, and it is difficult to track freight orders in real time. By transferring these links to the Internet platform, cargo owners can obtain real-time shipping quotes, book freight space, and track order information in real time, which not only helps freight forwarders to reduce costs and increase efficiency, but also improves the service experience, < span>

Ban Cong, CEO of Overseas Shipping, is a 10-year veteran of the Internet industry. He found that the completion of order transactions through traditional methods of personal transfer, such as e-mail and telephone communication. For companies with a large number of transaction customers, the service cost is natural. higher. Based on this series of pain points, Ban Cong established Guangzhou Zhonghe Intermodal Technology Co., Ltd. in May 2019 to build an overseas transportation platform. The platform integrates traditional freight forwarding and shipping resources, and the owner can match the appropriate logistics supplier to complete the order according to the freight demand on the platform, replacing the traditional manual manual operation of many offline tedious links.

Overseas shipping is positioned on the platform where cargo owners and logistics providers provide trading tools. Shippers can obtain freight quotes instantly on the platform, book freight slots online at a given price, complete order transactions with logistics providers, and track cargo online. Data information and third-party claims services. According to Ban Cong, since the launch of the overseas shipping platform, the monthly new user growth rate has reached 120%, and the total number of transaction users has exceeded 1,500, of which the main transaction users are cross-border e-commerce users, followed by factories and traditional export trading companies. The platform collects commissions based on the volume, weight, and transaction amount of the goods. The average monthly transaction is more than 2,000 orders, and the average monthly transaction value is about 5 million yuan.

CEO Ban Cong revealed that the company’s core team is from the Internet operation team and the international freight forwarding senior team, and the resources are complementary between the two. Relying on these resources, Overseas Shipping has established a system of supplier entry conditions. It has cooperated with more than 100 suppliers, covering 90% of international routes and 182 international logistics lines. Its business includes international shipping, international air transportation, and FBA head routes. , International parcels, international express and many other fields.

It is understood that Overseas Shipping has completed the angel round of financing. It is expected that the Series A financing will be launched in 2020 to accelerate market expansion. In the next step, the company will continue to expand the domestic and foreign logistics supplier resources, deepen the digitization of the business and the Internet, realize the automatic distribution system of orders and the complete logistics supplier service standards, and bring a better service experience for users.