In the container shipping industry, one significant pain point for independent freight forwarders is the accessibility of real-time container data. To better comprehend the challenges faced by companies in this sector, Container xChange conducted a comprehensive survey involving over 250 participants, including container traders, freight forwarders, and NVOCCs. The results revealed that a significant majority…
According to the International Air Transport Association (IATA), global air cargo volumes are projected to decline by 4 per cent in 2023 compared to the previous year. This downward trend which is attributed to the challenging economic conditions prevailing worldwide can be a problem for air freight forwarders. IATA’s latest forecast, released on Wednesday,…
Port congestion, a persistent problem in maritime logistics, continues to plague the ocean freight shipping industry to this day. However, it is important to understand the causes, the affected parties, and the strategies for safeguarding your business during such circumstances. In this blog, we are going to unravel the reasons behind port congestion and provide…
Packaging forms a crucial aspect of the operations of independent freight forwarders. Inadequate packaging can result in damaged goods and dissatisfied customers when transporting items. Optimizing product packaging methods can positively impact the business of freight forwarding companies while enhancing the supply chain. By maximizing space utilization and minimizing air within each package, freight forwarders…
The high population level and the extensive geographical coverage of India are two important reasons that are influencing the logistics industry outlook in India for 2023. India is the 5th largest economy in the globe where the logistics sector contributes to over 14% of the country’s net GDP. The value of the logistics sector in…
As one of the best freight networks of our time, Conqueror Freight Network, not only offers its agents an international brand name and the ability to do business with the most reliable global partners, but it also makes available a range of online tools that promote the work efficiency of the member companies. In a…
The road freight forwarding companies are a significant contributor to global carbon emissions and is under pressure to decarbonize its operations. Hydrogen is all set to become one of the most important fuels in the years to come with many multinationals investing in the development of hydrogen fuel cells. It is coming up as a…
Container rollover is one of the most pressing problems in the ocean freight shipping industry that often entails extra surcharges and delays for freight forwarding companies. In the event of a container rollover, the container is usually loaded on the next sailing vessel or on an alternative vessel which results in massive delays for all…
Independent freight forwarders engaged in trucking operations are still lagging behind when it comes to the utilization of freight forwarding tools. However, the pandemic-induced challenges and intense competition from multinational companies have compelled these traditional players to modernize their operations by adopting technology crucial for the digital transformation of the ground freight sector. By incorporating…
A recent report published by Container xChange, highlighted how the digitization of container operations can bring significant benefits for forwarders working in the container shipping industry. The report revealed that an astonishing 93% of logistics professionals who specialize in ocean freight shipping spend half of their workdays exclusively dealing with operational issues. The findings were…