Under the influence of the fifth wave of the epidemic, cross-border transportation in Hong Kong has been subject to various restrictions, including the obstruction of cross-border transportation between China and Hong Kong due to the closure measures and border control policies in the Mainland, and the obstruction of air, railway, shipping and other freight routes due to international factors.
The first quarter of this year has not yet ended, and the global supply chain has faced waves of challenges. Xie Kaicheng, co-founder and director of FreightAmigo, an innovative international freight pricing platform, believes that in the face of ever-changing international trade challenges, innovative technology is indispensable.
In addition to providing innovative logistics technology solutions in international freight, FreightAmigo has recently cooperated with HSBC and the Hong Kong Export Credit Insurance Corporation to provide one-stop logistics and financial technology solutions for merchants.
Don't be afraid of transportation obstacles, use logistics technology to arrange freight
Earlier, there was a shortage of vegetables in Hong Kong, courier companies temporarily suspended shipments, and local post offices even suspended services. Affected by the epidemic and international conflicts, airfreight frequencies were reduced, and port congestion problems continued.
FreightAmigo co-founder and director Xie Kaicheng said that the logistics technology solution adopted by the platform has successfully helped different customers to deal with the problem of freight obstruction: "Hong Kong's land transportation was seriously hindered in February this year, but all land transportation services will not be suspended. It is a challenge for merchants to find out a feasible service solution. Our platform is connecting the flight information of more than 300 shipping companies and express companies around the world, covering more than 90% of the world's freight capacity, and with the application of logistics technology, It is matched according to the shipping requirements of the merchant. So even if the shipping is blocked, we can arrange the shipping for the customer as usual.”
Taking the early purchase of a large number of Chinese-made rapid testing reagents by German companies as an example, FreightAmigo can use AI Routing technology to first calculate the most suitable freight route from China to Germany for customers even if they face the problem of insufficient shipping schedules, and only use In about a week, the procedures such as delivery and customs clearance were quickly arranged.
Finally, the medical transportation was successfully arranged in the form of a charter flight, and the reagents were successfully delivered from China to Germany.
Under the arrangement of FreightAmigo, 3 million rapid test reagents have been put on the plane one after another, and will soon be shipped from mainland China to Berlin, Germany to assist in the fight against the epidemic.
Cooperate with the industry to provide one-stop logistics fintech solutions
There are other industries that actively use technology to improve process efficiency, so Xie Kaicheng believes that now is a good time for FreightAmigo to gradually carry out cross-sector cooperation as a logistics representative.
"All industries have embarked on the pace of digital transformation one by one, and the next step is to connect stakeholders to realize synergies. We cooperate with the banking and insurance industries to connect services from all sectors on one platform. , to provide customers with a more comprehensive freight service experience.”
Logistics Bank One Stop and HSBC Help SMEs "Work SMART"
FreightAmigo, together with HSBC, brings customers a new and comprehensive trading experience.
FreightAmigo's freight quotes and comparisons are now connected to HSBC's business management platform - HSBC Zhihui, providing enterprises with one-click arrangement of international freight, handling various tedious logistics procedures simply and quickly, reducing labor and costs Pressure, highly transparent logistics information.
Among them, the service chain also covers international logistics, finance and insurance, helping to simplify enterprise operations and workflow, allowing enterprises to devote more resources to business, enhance competitiveness, and help promote industry digitalization.
Cooperate with the Hong Kong Credit Insurance Corporation to add export credit insurance
In addition to cooperating with financial institutions, in order to allow users to enjoy comprehensive freight services such as export credit insurance and trade financing, FreightAmigo has cooperated with the Hong Kong Export Credit Insurance Corporation (HKECIC) to add an "export credit insurance" option to the platform, providing exporters Provide export credit insurance, underwrite accounts receivable, and reduce the risk of bad debts.
Insurance arrangements can be handled with just one click, simplifying the insurance application process, and there is no minimum turnover threshold for insurance. Companies that hold a valid business registration certificate in Hong Kong and operate export businesses can apply.
Call on businesses to prepare early to meet the challenges of the coming season
Due to the freight challenge in the first quarter of this year, many manufacturers plan to make Black Friday preferential orders at the end of the year ahead of schedule in the coming season, which is expected to push up the demand for ocean freight.
However, at present, shipping is still facing the problem of the on-time rate of shipping schedules hitting a record low. In addition to encouraging companies to adopt logistics technology solutions, Xie Kaicheng also recommends businesses to prepare as soon as possible: "Businesses have already faced many challenges when arranging freight in the first quarter. Prepare purchase orders for the coming season. Not only can time and manpower arrangements be more flexible, but they can also use more cost-effective shipping solutions.”
Xie Kaicheng, co-founder and director of FreightAmigo, advises merchants to prepare purchase orders for the coming season as early as possible so that they can arrange shipments with more cost-effective shipping solutions.
(Information and photos provided by customers)