Recently, major news has been breaking in the logistics industry, drawing widespread attention and discussion. Here is a summary of the two major events:
U.S. Logistics Company Allegedly Seizes 36 Trucks of Cargo for Ransom
Over 20 freight brokerage companies have jointly accused Illinois-based logistics company Agility Express and its affiliates of illegally seizing 36 trucks of cargo and demanding high ransoms from customers. Sources suggest that the number of affected trucks could rise to 50, with a total value of up to $5 million.
Twenty-two freight brokerage companies claim this is a carefully orchestrated scam. The incident occurred during the July 4th Independence Day holiday in the U.S., a time when many freight brokers struggled to find trucks to load cargo, leading them to choose Agility Express without detecting any anomalies. Industry insiders reveal that some non-compliant companies indeed negotiate higher freight rates by seizing high-value cargo. In this case, most brokers were forced to pay the ransom and sign agreements promising not to file any additional insurance claims after delivery.
Financial Troubles for Freight Forwarders in Shenzhen and Shanghai
Recently, several freight forwarding companies in Shenzhen and Shanghai have faced financial problems, causing widespread concern among cargo owners and industry peers. A major international logistics company in Shanghai, primarily engaged in air freight, has defaulted on debts totaling over 40 million RMB to more than 20 other freight forwarding companies. The company announced last week that it would arrange payments on July 15 but only made partial payments, with some merchants receiving as little as 2,000 RMB.
Conclusion
In light of frequent incidents, choosing reliable partners is more crucial than ever. Compared to low freight rates, dependable service and partnerships better safeguard the interests of cargo owners and freight forwarders.
Contact Us
As a professional international logistics service provider, OBD International Logistics is committed to offering high-quality logistics services to our clients. With abundant shipping resources and a professional logistics team, we can tailor transportation solutions to meet client needs, ensuring the safe and timely arrival of goods at their destinations. Choose OBD International Logistics as your logistics partner to provide robust support for your international trade.
Post time: Jul-29-2024