In the last few decades, we have witnessed a steady rise of women professionals within the logistics and the supply chain industry. Even though this industry continues to be a male dominated one, women in the freight forwarding industry are no longer a rare find as they were in the 80s or the 90s. In…
The air freight industry is one of those few industries which were responsible for keeping our society functional during the peak of the pandemic. Transportation of cargoes across air is one of the fastest and most efficient modes of moving an item from point A to point B but we also have to consider the…
xChange’s Container Availability Index (CAx) looks into the entering and leaving of containers from ports on a weekly basis, covering over 10 million containers and following their journey. A CAx value of 0.5 indicates a balance, meaning that the same number of containers are leaving and entering a port in a certain week. On the…
Although road transport continues to be one of the most popular modes of domestic freight movement, more and more independent freight forwarders of our times are choosing rail transport for shipments that are not time-sensitive. The cost-effectiveness and reliability of railways are two major reasons for the popularity of rail transport but these days many…
The origin of AfCFTA The African Free Trade Area Agreement (AfCFTA) was envisioned more than 40 years back with the adoption of the Monrovia Strategy (1979), the Lagos Plan of Action (1980) and the Abuja Treaty (1991). From the beginning, the AfCFTA aimed to create numerous opportunities in trade and investment ensuing in more and…
Along with IoT, Blockchain, robotics and e-commerce TMS or Transport Management System has also become a much used term in the freight forwarding industry. TMS is one aspect of digitization that often goes way beyond the reduction of the cost of shipping. To put it simply, it allows the freight forwarders to move shipments from…
With the United Kingdom getting all ready to say goodbye to the European Union without any deal, the logistics sectors need to brace themselves by taking certain steps to prevent an unfavourable outcome. For many forwarders, the upcoming changes in administration, economy and customs plus the additional duties being imposed on the cargoes are matters…
The ever increasing international pharmaceutical market coupled with the customer focus on fresh food has heightened the need for an improved cold chain management. Moreover, supply chain companies are required to abide by the strict requirements of the modernized food safety acts in their respective countries that entail frequent monitoring of the temperature of the…
2020 is one of the most unforeseen years in human history since the Second World War which not only has changed the way we live but has also destabilized the economic scenario all over the world. The disruptions caused by the pandemic had halted several supply chain processes like international manufacturing, transportation, warehousing, assembly, raw…
Right now the biggest crisis facing the sea freight shipping industry is the problem of dealing with the tremendous container shortage. Not just the transportation and logistics industry but also the manufacturers, trading companies and retail businesses are reeling under the impact of a massive container shortage in the last quarter of 2020. Keep reading…