ITF Group Launches ForwardNow to Transform Logistics Industry
ITF Group has launched ForwardNow, an innovative platform aiming to transform the logistics and supply chain industry. This integrated solution addresses the challenges of fragmentation and lack of transparency, which currently plague the industry.
ForwardNow combines various services into one platform, including air, ocean, and road forwarding, customs, warehousing, insurance, and real-time tracking. This unified approach promises smoother transitions at borders and reduced coordination overhead.
The platform integrates documentation, tracking, and insurance, potentially saving time and reducing errors. ITF Group's CEO, Sam Burkhan, believes ForwardNow sets a new standard for supply chain leaders engaging with logistics partners.
The global logistics and supply chain activity is projected to reach $11.23 trillion in 2025 and $15.79 trillion by 2028, indicating a significant market for such a solution. Disruptions in the industry currently cost businesses more than $184 billion annually, but ForwardNow's real-time visibility and predictive alerts could help mitigate these cascading costs.
ForwardNow, with its comprehensive suite of services and real-time tracking capabilities, is poised to revolutionize the logistics industry. By providing predictive visibility, it enables supply chain leaders to operate with precision, scalability, and control, ultimately reducing costs and improving efficiency.
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