Whether it is by land, rail, air, or Ocean, cross - border cargo movements have grown over time, both in terms of volume and infrastructure. According to a report by Grand View Research, the cross-border logistics segment is anticipated to grow at a compound annual growth rate (CAGR) of 22.3 percent from 2023 to 2030. While the industry is seeking positive growth, it still faces a lot of challenges in the form of ever-changing consumer needs and expectations, unforeseen delays, lack of transparency in local practices, fluctuating fuel and other operating costs, and incoherent connections across the various nodes in the global supply chain.
Set up with a vision to bridge the gaps in the logistics industry, Access World is one of the most significant players in this domain that provides a distinctive advantage through its strategically placed warehouses, promoting on-time global supply of commodities. Access World holds strong relationships with some of the key players in the world’s markets and is their preferred partner for upstream commodities covering sectors like mining, minerals, metal, steel, and agricultural (particularly palm oil, rubber, cocoa, cotton, and fertilizer). This enables the firm to detect changing trends early on and develop solutions using its well established knowledge base, extensive global network and assets.
Steering through Challenges
Just like every other sector, cross-border logistics and cargo shipping involves numerous challenges. It is essential that these obstacles are faced and surpassed by all significant participants. For the past two years during COVID and the early stages of recovery, transport and labor expenses were exorbitant and there was a severe lack of cargo capacity, which provided a huge challenge for the business.
Fast-forwarding to the new normal after COVID, transportation costs have greatly decreased but trade flows are shifting as a consequence of the trade wars between China and the US, the Russia and Ukraine war, movements in commodity prices, as well as the rising cost of energy. However, customers who are using Access World’s services can easily re-route and consolidate their cargo to suitable ports that can manage volume fluctuations with the assistance of ground handlers, land transporters, and ocean carriers.
Access World recognizes and adapts to the changing market trends early, and provides effective solutions to their customers. Access World is a people’s business. The ability to expertly deliver all services, manage continuing issues, and exceed customer expectations is all thanks to the team work from the excellent and experienced employees in the organization.
Built to Bridge Gaps
Access World’s skills and expertise to manage global logistics is well entrenched amongst producers, traders, financiers, and consumers. Access World offers a more than adequate and safe pair of hands for the expansion of each firm connected to the organization, with more than 300 warehouse facilities, over 1,000 staff worldwide, and about five million tonnes of varied commodities under its control at any one point.
“At Access World, we are proud of our diversified customer and commodity base across the globe. We draw on our commitment, diversity, experience and global network to provide responsible business leadership across the entire supply chain”, shares Gan Wan Pin, Managing Director, Access World. In order to meet the needs of the commodities that the firm handles, Access World operates a network of ports and warehouses throughout the planet, located at strategic locations.
With Access World, global logistics could well be carried out seamlessly and without hassle. Either through its own organic and inorganic growth or in collaboration with trusted strategic partners, Access World has a demonstrated track record for offering services based on innovative solutions.
The company believes that connections with customers and business partners must be built on trust and confidence in order to be solid, lasting, and mutually beneficial. To ensure that solid relationships are built with the clients, the company makes a major investment of time, effort, and money in connecting with clients. “Our extensive international reach allows for the efficient and first-class handling of commodities across the entire supply chain through our seamless logistics services. We can transport your product from one end of the world to the other and everywhere in between”, adds Gan Wan Pin.
Services & Commodities
Access World comes with a wide range of services including collateral management, crushing and screening, customs clearing and forwarding, cutting and packing, flexitank solutions and related services, FMCG value added logistics, NVOCC ocean freight bookings, project logistics, ships agency, stevedoring, road and rail, vessel chartering, warranting, and warehousing. In addition to these many services, the firm also handles a broad array of commodities such as bulk materials, cashew, cocoa, and green coffee, cotton, ferro alloys, forest products, general cargo, grains and pulses, minor metals, non-ferrous metals, oil and gas, paper and pulp, and plastics and polymers.
Furthermore, the firm also provides category specific commodities like mining equipment, power generating equipment, renewable energy, reagents and chemicals, reefer cargo, and steel and other ferrous metals which are typically required for project cargo. “While we pride ourselves as a competent handler in the logistics realm, Access World also plays key roles in the international banking and financing realm, handling and keeping in custody the high value cargo that the Financial institutions finance adhering to all the robust requirements”, further shares Gan Wan Pin.
The team at Access World is responsible for ensuring that the company’s range of services are being delivered to every client successfully and seamlessly. The experts not only converse in logistics execution technicality but also engage with the customers in trade norms, market knowledge and trending enable them to propose and deliver timely solutions that customer value. Access World encourages a HIT work culture.
This concept focuses on and emphasizes the values of High performance, Integrity and Teamwork to empower the entire staff base to be agile. In turn, it helps the firm in evolving the service offerings and work processes to the dynamic trade flows allowing Access World to capture opportunity and secure long partnerships with the customers.
In order to meet the needs of the commodities that the firm handles, Access World operates a network of ports and warehouses strategically placed across the globe
Sharing one such incident of helping out a client through innovative problem solving services, Gan Wan Pin says, “With the advancement of the Electric Vehicle technology especially on the battery, we work with multiple partners to offer them solutions to secure their raw materials critical in producing advanced battery components. One of the key notables from working with various parties and authorities to get the relevant permits in place as the commodities may not necessarily have the official name yet or overlap with other nomenclature and then to find the safest way of handling and best mode of transporting”.
Journey & Future
Access World has its roots in the industry since 1933. The company was established in Europe and is known for its position as the top tier London Metal Exchange approved warehouse handling metal. Over the years, the firm has grown, developed, and evolved to handle many different commodities and expanded to major ports of the world.
Since inception, Access World has been on an upward trajectory of growth across verticals and business expansion aspects including geographical, financial, and more. The vision of the core team keeps the employees fuelled to achieve new levels of development. Continuing on this pattern, Access World has planned for strategic development over the next five years. Access World has set a target to double the business through commodity diversification and potential joint ventures and acquisitions.