Firm to reduce logistics cost for freight forwarders

In a bid to provide a timely solution for freight forwarders grappling with the high cost of delivering services to customers, as well as other industry barriers, Global freight management solutions company, OnePort 365, has introduced FreightSaver, a new product designed to reduce costs for sea freight forwarders in Nigeria.

At a stakeholder engagement session in its Lagos office, Country Director of OnePort 365, Seyi Oluwatuyi, said that most freight forwarders in Nigeria don’t participate in what happens upstream.

“Upstream is where the bigger value is, where there are opportunities to make an impact on customers’ lives, save tangible money, and deliver value in the process. From that observation, we have an existing network that offers highly discounted freight rates that we believe will be of value to freight forwarders in Nigeria and by extension, their customers.”

According to Oluwatuyi, forwarders who embrace the platform can reposition themselves as true value providers. They move beyond just clearing containers and delivering to warehouses.

“They can save their customers real money in foreign currencies, and in doing so, also participate in commissions tied to those savings. The impact is a multiplier effect on the landing cost of goods. It will be cheaper because freight is a major component of the landing cost. And besides it being cheaper, they will get a decent share of the savings they are providing for their customers.”

Oluwatuyi explained that with the new solution, freight forwarders will enjoy validity on reduced costs till March 2026, with origin schedules of 14–15 days for their shipments. He said the product covers both Full Container Load (FCL) and Less-than-Container Load (LCL).

More importantly, Oluwatuyi added, forwarders will be able to price as low as a $1,000 gap from the market average. For now, the company will accept orders only from ports in China and Japan to Lagos, leveraging existing partnerships with shipping companies in those countries. It plans to expand to other routes in the near future. OnePort 365 already has footprints in West, East, and Southern Africa,” Oluwatuyi stated.

The Regional Head, Ocean Freight for Africa, OnePort 365, Terrence Martin, highlighted the wider economic benefits of FreightSaver. Martins said this will ultimately reduce importers’ costs to bring products into the Nigerian market and make a great contribution to economic development.

Martin further stated that the solution not only enables importers to access products at lower costs but also allows them to distribute to a larger population and drive down prices for the actual consumer and end user.

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