by Mediateam | Aug 17, 2020 | Global News
Following the continued disruption to global supply chains due to the Covid-19 pandemic, international trade finance provider Stenn, has announced the launch of a $500 million fund to support the restart of global trade.
Stenn is a UK-based data and financial technology company providing flexible financing to companies engaged in cross-border trade.
Developed to ensure the liquidity of international trade, this $500m program is for importers in the US, EU and beyond and is designed to help their suppliers. Importers can return to pre-Covid-19 payment terms while suppliers are paid at shipment, meaning liquidity is no longer locked in inventory or transport and suppliers get their money fast.
For further information and to apply for funding visit: www.c19-trade-recovery-program.com
Looking for a ‘freight-forwarding’ service to bolster your exports? Simply call our friendly and helpful team on: +44 (0) 1709 610 000, send a message or complete our IFS Shipment Note >
by Mediateam | Aug 3, 2020 | Exports, Partner News
From virtual cooking classes to digital theatre, the pandemic has prompted a rapid growth of the experiential e-commerce sector. In this article, our partners, DHL, explore some of the exciting and innovative ways businesses have pivoted online to survive, and what their long-term futures may be.
The pandemic has affected businesses of every type, all over the world. In this series on Pandemic Culture, DHL took a detailed look at how many offline retailers have begun selling online in order to survive. But for experience-based businesses, the move into the e-commerce arena has been more of a challenge. In this article, we look at how they’ve adjusted.
The global pandemic arrived like an uninvited whirlwind, causing devastation and mayhem on a scale not even the most pessimistic of people could have predicted. Read more >
by Mediateam | Jul 10, 2020 | Global News, National news
The threat of digitalisation is no threat at all says the Director General of the British International Freight Association (BIFA), Robert Keen.
As Covid-19 accelerates digitalisation there has been fear that traditional freight forwarding may lose its niche in the market. Over the last five years reports have suggested the rise of software start-ups would mean the end for forwarders. But is this really the case? History often repeats itself as the saying goes…
“There’s this idea that if forwarders do not adapt, they will die – but you just need to look back at the sector’s history, it has always adapted. One forwarder I know – a family-owned European firm – has in their archive a letter from a great-grandparent proclaiming the company’s demise with the arrival of rail in the mid-1800s… it’s still going strong.
We keep hearing the usual spin from digital start-ups on how their presence in the sector will lead to the death of traditional forwarders, it’s a load of rubbish. We have strong empirical evidence showing what our members are up to in regards to digital transformation of their role in the supply chain. BIFA members are already developing and delivering technology-led products and services that will meet their customers needs more effectively, enhance their experience and cut their costs.” – Robert Keen
Read more at UK Hauler’s website >:
by Mediateam | Jul 1, 2020 | Global News, Partner News
In this article our partner DHL, looks at what kind of new world we might emerge into, and what that means for the e-commerce sector. Which consumer behaviors will stay? Which were just a ‘lockdown fad’? And what should your business do to adapt?
The pandemic arrived like a whirlwind, turning businesses upside down almost overnight, leaving them scrambling to adjust. As we’ve previously explored, many commerce businesses have had to adapt quickly to survive, whether that has meant selling online for the first time, exploring the direct-to-consumer (D2C) model, or working creatively to take an experience-based business into people’s homes. Read more >
If you have any questions or just need some advice, we are here to help you. Please don’t hesitate to call us on +44 (0) 1709 610 000 or send a message.
by Mediateam | Jun 19, 2020 | Global News, Government News
COVID-19 has generated unprecedented disruption in the global logistics and freight industries, severely impacting operations and delivery activities. However, could these current challenges ultimately pave the way for a more streamlined, efficient and environmentally-friendly future?
Demand for essential goods, such as produce, medical supplies and Personal Protective Equipment, has significantly increased, while manufacturing capacity has decreased due to various lockdown restrictions.
Read more from Forwarder Freight Magazine >
If you have any questions or just need some advice, we are here to help you. Please don’t hesitate to call us on +44 (0) 1709 610 000 or send a message.
