Cryptocurrency is a digital currency built with cryptographic protocols that make transactions secure and difficult to fake. It is a peer to peer electronic cash system.

Cryptocurrency is not a new concept, it has been around for around 10 years. Most people do not understand how it works and so far it has been used to process payments between individuals for services and products. It has not been adopted as a payment method for business transactions or at least not as it should be.

The logistics industry, including freight forwarders , order fulfillment centers  and trucking companies should start taking advantage of the secure nature of cryptocurrency. It is to eliminate fraud completely witch plagues the shipping industry. The fraud incidents in the logistics industry are very high and costly.

Many freight forwarding companies  have experienced charges being reversed by credit card companies due to fraud. A random customer pays for his shipment using a stolen credit card, picks up his shipment and disappears leaving the freight forwarder to deal with the reversal charges. The same scenario happens with trucking companies and 3Pl Companies who handle cross dock services.

Why Should logistics companies accept cryptocurrency?

1- It is extremely safe. it is impossible to commit fraud.

2- The transaction cannot be reversed or modified, once it is done, there is nothing anybody can do about it

3- It is quick. Within 2 minutes the transaction its complete.

4- It almost cost nothing, less than the traditional forms of payments especially credit cards.

Ten years after bitcoin launched its cryptocurrency, other tech giants are beginning to develop their own.

Facebook with cooperation from Visa, MasterCard, PayPal and other financial institutions are currently developing their own cryptocurrency named LIBRA.

Cryptocurrency is the money of the future

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3Pl Companies accepting cryptocurrency

Logistics Companies

As more Doral Freight Forwarders come into the picture, so do many distributors who want to take advantage of the close proximity to Shipping companies in Doral

Traditionally most of the freight forwarders were located close to the Miami port, but as the area has become congested, new freight forwarding companies set up shop in Doral, Florida

Most of the buildings in Doral are fairly new. Doral has the edge when it comes to Inland Transportation as it is close to the major trucking routes, The Florida Turnpike and I-75. This also made Doral a major location for Cross docking companies in Doral.

Procurement is the processing of acquiring new products or services. It is a fancy name for obtaining or getting. The phrase has been used mostly by the Military. It took a new meaning once it became part of the supply chain and logistics arena.

Products could be procured or acquired locally or internationally. For a business to continue to thrive it has to constantly look for new products. The demand for new products by consumers continues to put pressure on companies to reach out to various manufacturers all over the world for new products.

International 3PL Procurement Services

As a Third Party Logistics Company, International 3PL, through its contract logistics division has decided to offer procurement services at no charge for its existing Order Fulfillment clients.

Let us assume that you are a company based in Colorado who handles distribution of cellular phone accessories and you are looking for new cutting edge technology, most likely you would search the Internet for new vendors from all over the world.

Most likely, you will strike gold and find what your looking for. In this case we can assist you in the  Freight Forwarding part of the shipment, customs clearance and delivery to your own warehouse or our warehouse.

In other cases, you are not that lucky and you can not find the right product. This is where we come in. We will source the product for you, make sure is what you are looking for and help you negotiate the agreement with your vendor.

The Logistics of Procurement

• We will find the product you need.
• Verify it matches the specifications you have spelled out
• Make sure the source is legitimate and in compliance with al local and international regulations.
• Make sure that the product is labeled according to requirement.
• If needed we can oversee the financial transaction.
• Arrange for Ocean or Air shipping, customs clearance and compliance.
• If asked, we can get involved with dispute resolution.

Our Contract logistics division located at 3500 NW 114th Avenue has been offering procurement services successfully to many of the local businesses.

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Contract Logistics

4PL Companies

Freight Forwarders in Miami

New 5G Wireless technology promises to make everything connected. The Next Generation 5G wireless  will supercharge cell phones, but its real potential lies it potential to power everything electronic other than smart phones.

The New technology with greatly influence a technology hungry field like Logistics.

Right now, GPS is used to track trucking companies who carry shipments that are loaded on trucks, wouldn’t be nice to be able to track your pallet live knowing exactly where it is? 5G wireless promises to be faster with less latency.

Warehouses use RF ( Radio frequency ) to transmit data through the warehouse to track an package from the time the order is placed until the package leave the warehouse, providing weight, dims to the WMS system?  How would you like to have that data available live from the time the order is entered until the end user signs for it under one platform. Imagine that application being applied to international shipments too.

What we are looking at is your 3PL company being able to offer all the information about your package from the time you end an order to ship until it is delivered.

5G wireless promises to be the holy grail of logistics.

Factories have relied in wires for along time since wireless technology is spotty and slow making it hard for machines to perform their functions. Now factories will benefit from the speed of 5G technology so will the shipping companies.

We are looking at being able to track the container while at see without having to rely on the internet portal of the shipping company  Your will be able to see the location of your container live on a map even if it being trucked from one location to another.

But don’t hold your breath, you will not see the full power of this technology until probably 5 years from now as cellular providers complete building the network.

Ms. Krys Siles, a spokesperson for International 3PL, a Miami Based 3Pl Company, stated that implementing 5G wireless is a priority for international 3Pl and it will be applied to both the freight forwarding division  and Contract Logistics division.

5G wireless costs will be passed on to the consumers, all 5G Wireless devices will cost more. Right now it is a race with time for German and Chinese Businesses trying to upgrade to 5G.

If you are planning on buying a 5G capable phone, you should wait. it will be 2 years at least before there is in enough coverage. 5G is faster but has less capability of penetrating walls.

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3Pl conpanies:

International Shipping

Freight Forwarders

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