The tremendous growth of consumer demands for commodities has made the sea freight shipping industry a pivotal support system for trade and commerce all over the world. As per a report by the UNCTAD, over 80% of international trade is carried on via sea freight thus making it the backbone of international trade. However, since…
The sudden hike in the air freight charter prices has taken the air freight industry by storm. As the peak holiday season is drawing close, air freight forwarders all over the world are trying to deal with the skyrocketing prices. The industry experts are predicting ‘big chaos’, sky-high prices, and a shortage in capacity just…
The acute driver shortage in the UK has taken a toll on the manufacturing, and retail industry. Brexit is somewhat responsible for the shortage of HGV drivers while the Covid-19 further delayed the influx of new drivers from other European countries. Moreover, the shortage of nearly 400,000 HGV drivers across Europe is putting tremendous pressure…