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JCtrans The 20th Global Freight Forwarders Conference: Facilitating 80,000 Business Negotiations
Globenewswire· 2025-11-06 07:51
Core Insights - The 20th JCtrans Global Freight Forwarders Conference successfully concluded in Shanghai, attracting 1,980 logistics leaders from 95 countries, emphasizing the theme of building reliable supply chain services [1][2][14] Industry Overview - The conference featured a diverse program including opening ceremonies, industry forums, and strategic signing ceremonies, aimed at fostering collaboration in the logistics sector amid global challenges [2][12] - Keynote speeches highlighted the importance of dismantling systemic barriers and enhancing supply chain resilience, with China's import and export value reaching RMB 43.85 trillion in 2024, a 5% year-on-year increase [6][11] Company Developments - JCtrans has evolved its business model from a 1.0 offline alliance to a 1.5 dual-engine model, aiming for a 2.0 intelligent and collaborative stage, ultimately targeting a 3.0 ecosystem vision integrating logistics, trade, and finance [8][10] - The platform's operational performance includes over 2.5 million monthly page views and 32,000 business matches facilitated by its AI-powered Inquiry Automatch Assistant, with a customer satisfaction rate of 90% [9][10] Strategic Collaborations - JCtrans signed multiple strategic cooperation agreements with organizations such as the German Logistics Alliance and SGS, focusing on logistics, certification, and financial services to enhance global resource integration [12] - The conference facilitated over 80,000 one-on-one meetings, resulting in more than 1,000 preliminary cooperation agreements, showcasing the potential for shared growth among participants [13] Future Plans - JCtrans plans to host regional conferences in various countries, including Morocco and the Netherlands, and aims to expand its international presence through face-to-face communication and cooperation [10][15]
The 19th Global Freight Forwarders Conference Concludes Successfully in Dubai
Globenewswire· 2025-07-16 03:04
Core Insights - The 19th Global Freight Forwarders Conference hosted by JCtrans in Dubai gathered 1,237 logistics professionals and 752 enterprises from 74 countries, marking a significant milestone for the global freight forwarding industry [1] - The Middle Eastern logistics market is valued at $27.8 billion and is projected to grow to $39.2 billion in five years, with a compound annual growth rate of 7.1% [2] Company Developments - JCtrans serves over 11,000 paid members across 179 countries, with an annual renewal rate of 86% and facilitates over 2.2 million business matches annually through its AI-powered inquiry system [4] - The upgraded risk management system helped members avoid over 2,200 potential risks and recover approximately $185 million in claims [5] - JC Pay, a new settlement solution, has facilitated over $400 million in annual settlements, saving members millions in banking fees [6] Future Initiatives - JCtrans is planning upcoming conferences in Shanghai and Thailand, and will participate in the India International Cargo Show [8] - The company is set to launch JC Verified, a business capability certification service to enhance trust and collaboration [6] Networking and Collaboration - One-on-one business meetings at the conference facilitated initial cooperation agreements among participants, improving engagement efficiency [9] - Networking events, including a welcome cocktail reception and gala dinner, strengthened partnerships and fostered long-term cooperation [10] Industry Impact - The success of the Dubai Conference highlights JCtrans's leadership in the logistics sector and its commitment to building a collaborative logistics community [11]