New Freight Forward Network Forms to Take on Multinationals
A new industry group called the Globalia Logistics Network has been formed to align independent freight forwarders to compete with large multinational logistics providers.
The association is accepting applications for membership from air and ocean and freight forwarders. It plans to accept one agent from seaports and airports in 26 U.S. states.
“With the multinationals taking more and more of their business daily, independent forwarders find themselves in a cooperate or die situation which rogue network operators are exploiting,” founder Andres Torres said. “In the last decade, the majority of the emerging networks have only been interested in one thing; collecting a membership fee. None offer the rigorous selection process we do.”
Globalia investigates the forwarders’ employees, facilities, vehicles, services, business volume, insurance policies and its accreditations, the company said.
“[Applicants] provide financial data for the previous two years and this is forwarded on to Dun & Bradstreet, an extremely reputable third-party auditor. They will review the companies’ financial history and its current status, looking for any anomalies as well as any countrywide issues,” said spokeswoman Anna Barton, who added that nine out of 10 applicants are rejected.
Aside from the United States, the freight network plans to have members in more than 100 countries across North America, Central America, South America, Europe, Africa, Asia and the Oceanica region on the Pacific Ocean.