Digitization in the logistics industry has accelerated the work processes and ushered in dynamic changes in client expectations and market structure. It has made data much more accessible and the increasing use of technologies like IoT or Blockchain have interconnected all the various logistical processes. This is allowing logistics managers to control the entire supply…
The sea freight shipping industry is responsible for moving more than 80% of the international commodities. However, in the aftermath of the pandemic, the ocean cargo industry is witnessing a record high price for containers. The ongoing port congestion, pandemic-related delays, high demand for goods, container and equipment shortage, and an overall lack of capacity…
Like every other mode of transportation in the logistics industry, the air freight sector was also severely impacted by the pandemic. On the one hand, it was battling with the restrictions on operations, while on the other hand, the demand for air freight services has soared. According to IATA, the demand for air cargo reached…
A delay in the shipment of containers translates to considerable payment on the shipper’s part in the form of demurrage and detention charges. They are added to your shipment as soon as it surpasses the number of free days. These charges will keep accumulating until the shipment reaches the consignee’s destination. Although independent freight forwarders…
While determining shipping options independent freight forwarders need to make the important decision of whether to ship less than container load (LCL) or full container load (FCL). Several factors come to play while determining the ideal mode of shipment. Both LCL and FCL shipments come with a set of unique advantages and disadvantages. This is…
The e-AWB or Electronic Air Way Bill which was introduced back in 2010 has gradually become the default carriage contract. It is applicable for all airfreight shipments and its use is expanding rapidly. Today’s article is about the use and advantages of e-AWB for air freight forwarders and the things you need to do to…
Even a few years back, people used to regularly visit the malls and groceries for their daily shopping needs. However, the shopping trends have changed drastically in very few years. Now, people get absolutely any and everything starting from clothes, to fresh flowers, to medicines delivered right to their doorstep with just a few taps…
One of the most important news from the container shipping industry in the last week is the integration of container carrier giants ONE and Hapag-Lloyd with Maersk’s TradeLens platform. This move comes two years after the two carriers expressed their willingness to join Maersk’s blockchain platform. TradeLens is a blockchain-enabled supply chain platform launched by…
After more than one month of logjams and disruptions because of a renewed outbreak of Coronavirus, in and around Shenzhen, the Yantian International Container Terminal is finally ready to resume regular operations. This major port in South China has restarted full operation since 24 June. However, they are observing all measures to control the pandemic…
AEO (Authorized Economic Operator) certification provides the freight forwarding companies a globally recognized security standard and certifies them as safe and dependable trading partners. Logistics companies with AEO status have a considerable advantage in international projects. Simply put, this status is like a seal of quality signifying that the freight forwarder’s role in the international…