Road freight shipping serves as an important mode of transport within logistics, effectively facilitating the movement of goods from origin to destination through extensive road networks. Trucking, in particular, plays a vital role in distribution strategies, offering the flexibility to accommodate diverse types and sizes of shipments. With a range of solutions tailored to specific…
The ocean freight shipping industry shoulders the responsibility of transporting a remarkable 90% of all internationally shipped goods. Despite faster delivery offered by alternative modes of international transport, they often come with a heftier price tag. Hence, when organizing an overseas shipment, the selection of an ocean container tailored to your specific requirements is paramount….
In the volatile ocean freight shipping, the years since 2020 have been a tumultuous journey. Moreover, with the remarkable rate hikes of early 2022 and the unprecedentedly low prices witnessed in 2023, sea freight forwarders are keen to unravel the uncertainties that lie ahead in 2024. Will there be a resurgence for container vessels, or…
Over sixty companies, spanning carriers, fuel companies, and airports, pledged to embrace Sustainable Aviation Fuels (SAF), aiming to constitute 10% of the global aviation fuel supply by 2030. Shifting towards SAF, as opposed to crude oil, holds the potential to steer the air freight sector towards achieving net-zero CO2 emissions by 2050. Sustainable Aviation Fuel…
As of January 1, 2024, the global implementation of a mandatory single window for data exchange in ports represents a crucial advancement in the digitization of the container shipping industry. Public authorities in all International Maritime Organization (IMO) member states are required to institute and utilize single window systems for the electronic exchange of information…
The China-Europe Railway Express, also known as China Railway Express (CRE), plays a pivotal role in President Xi Jinping’s Belt and Road Initiative, serving as a crucial component in international freight forwarding. Over the past few years, this cross-continent network has emerged as a vital conduit for Chinese exports to Europe. Its significance has been…
In the ever-evolving landscape of air freight industry, 2024 brings a glimmer of hope and stability after the tumultuous fluctuations of the previous year. According to insights from Oslo-based Xeneta, the air freight sector may witness a return to a more predictable ‘classic seasonality,’ offering a much-needed respite for forwarders. Niall van de Wouw, Chief…
The Chinese New Year, alternatively referred to as the Lunar New Year or Spring Festival, stands as the most important holiday in China, carrying immense cultural significance. However, for international freight forwarding companies, this celebration introduces distinct logistical challenges. During this period, production decelerates, operations face limitations, schedules experience disruptions, and transportation delays ensue, resulting…
In recent decades, the Indian Government has implemented various initiatives to enhance the country’s transportation and logistics industry, fostering increased profitability for both multinational corporations and independent freight forwarders. It is estimated that around 14 percent of India’s GDP is dedicated to the supply chain and logistics sector, a proportion nearly twice the average logistics…
Starting January 15, 2024, there is an anticipated nearly 15% increase in Suez Canal fees for most types of vessels, excluding container vessels departing from North European ports, which will have some exemptions. According to the Suez Canal Authority (SCA), container vessels, car carriers, chemical, crude, and product tankers, as well as gas carriers, will…