New technology companies are poised to transform the shipping and freight industry across Latin America.

Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks to increasing trade coming from China.

In the first half of 2018, Chinese foreign direct investment in Latin America increased to a whopping $15.3 billion at the same time it plummeted in the U.S. to $1.8 billion. And while much of that investment had historically gone to minerals and natural-resource extraction or agriculture, China is also making infrastructure investments — just as it has in Africa.

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Are your shipping costs breaking your bottom line? Discover how to reduce transit times, increase margins, and boost customer satisfaction. We have compiled the following tips below to help your company save money:

1 – Choose the Optimal Mode of Transportation


Companies and commodities are not created the same. This is also true for best shipping practices. Simply because a successful business uses a specific method of transportation to ship their products does not mean the same methods will translate into success for your company. For example, many companies offer next-day shipping but this practice is not realistic for other companies. Here is a list of available transportation modes:

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This is a Guest Post by John Stuart of the International Logistics Centre

Freight forwarding is one of the most widely used methods of international transport for both business and personal use. Freight forwarding companies, like Universal Cargo and the International Logistics Centre, coordinate the shipment of goods from one destination to another using a range of carriers, including air freight, ocean freight, road freight and, in some cases, railway freight.

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