But, it is now up to the industry players to wake up and be part of it, or to be left behind and out of the market real soon. At Cargofive we want to help this transformation to be much easier and faster, especially for freight forwarders. It could help them improve the customer experience they offer.Īnyway, something is for sure: the digital revolution in international shipping is unstoppable. Of course, many customers will still use freight forwarders ’ service, but they will too get profit of the real-time shipping rates availability. Imagine how this could actually change this industry. ”Īnd this is just an approximation of the results that online sales in shipping can provide.
With 15% being sold online, this indicates a market size for the online freight companies of 30 million TEU. If we assume 4% annual demand growth in the coming years (that is assuming we do not run into a recession), this leads to a total market size of 204 million TEU in 2023. According to Container Trade Statistics, the global market in 2018 had a size of 168 million TEU. “If we take the 15% to be an indicator of the overall freight market’s willingness to simply procure freight online through a web channel directly with a carrier, we can therefore also assess the total online freight market. Lars Jensen, an expert in the container shipping industry, explains it really well: The data Hapag-Lloyd presented gives us an estimate to work on some predictions on the size of the online sales global market. Should all carriers bet on online sales in shipping too? They are aware of that, so the company is aiming to sell online 15% of the total volume by 2023. This growth took place within just one year, which shows the big potential of online sales in shipping. This has given us the chance of having a good idea of the potential size and scope of online sales in the shipping market.Ĭurrently, Hapag-Lloyd ’s Quick Quotes webchannel represents 6% of the total sales. Nevertheless, Hapag-Lloyd presented in the 2018 annual report a rapid increase in its online sales through Quick Quotes. Although they are already working together in the standardization of data communication, this is a slow process that will surely take some time to be implemented. The reason is that all of the rates’ information is complicated to manage since ocean carriers use different formats and names. For a while now, we have heard about how companies in the business are going digital, but to find real-time shipping rates is actually recent and we can only do it through two of the top carriers : Hapag-Lloyd and Maersk Line. b) Carrier guarantees, that the Quick Quotes Spot Shipment container will be loaded on the intended vessel as confirmed in the Booking Confirmation and that. Online sales in shipping are a bit of a new thing. This carrier has big plans for 2023 and is going all for it. This is no surprise since we have watched how companies in this business are now adapting to this new digital era. * Imports and exports from/to the United States are currently excluded but will be added at a later date.One of the world’s top carriers, Hapag-Lloyd, is foreseeing a major increase in online sales in shipping industry. Request your fixed rate and place your booking with guaranteed fulfillment now! Quick Quotes Spot is now globally* available. Availability: At your service 24/7 on our website.Instant Booking Confirmation: Benefit from immediate booking confirmation right after the booking is submitted.Vessel Space Transparency: Take advantage of the overview of available options for the selected voyage, and make use of the fixed rate at the time of booking.
Additionally, booking Quick Quotes Spot provides you with unique features such as instant booking confirmation, a loading guarantee at load ports and transshipment ports, and an equipment guarantee. Quick Quotes Spot gives you an overview of the available rate options for the selected voyage and the option to book your shipment immediately for a fixed rate. To this end, we have just launched our new digital freight solution, Quick Quotes Spot, which gives you more planning certainty and transparency. In these challenging times, we want to provide you with an additional option of doing business with us.