We have reached a time when the freight forwarding industry has become dependent on digital technologies like never before. Logistics service providers around the world are already leveraging digital transformation to streamline their processes, integrate new initiatives, satisfy customer expectations, save time and money, and adapt to the changes in market demands and business scenarios….
On the 5th of June 2022, a fire broke out at the container terminal close to Chittagong port causing unprecedented loss of lives and property. According to senior port officials, there has been almost 50 fatalities and numerous injuries. While the loss of lives and properties is the biggest tragedy in the shipping industry this…
The container shipping industry is preparing for renewed chaos, disruption, congestion, and backlogs as Shanghai restarts its manufacturing and supply chain operations after two months of strict lockdown. A recent survey by Container xChange suggests that this year’s summer peak season cargo surge will be even more chaotic for global supply chains than the 2021…
The Digital twin (DT) technology which has made its way into several sectors is increasingly finding a place in the freight forwarding industry alongside Blockchain and Artificial Intelligence. The recent launch of Google’s Supply Chain Twin – a cloud-based solution that allows companies to create a digital twin- has finally heralded the full-fledged adoption of…