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Shipper Survey Reveals That Small Businesses Face “Import Overhead”

(Patrick Burnson – Logistics Management)

While importing continues to grow across both small and enterprise companies, almost 50% of the 300,000-plus American businesses who import still use spreadsheets to manage their international supply chain.

Global trade is worth trillions, and U.S. Department of Commerce data reports a 6.7% year on year increase in U.S. imports in 2017 – the fastest rate of growth in more than seven years; yet the industry remains siloed and outmoded.

Freightos, an SaaS-enabled logistics technology provider focused on instant freight quotes for freight forwarders and shippers conducted a survey recently to reveal how cumbersome logistics remains to American companies importing goods. Click here to read more.