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…
If you are an independent freight forwarder who regularly ships cargo to/from China, you are surely looking for the best Chinese freight forwarders who can help you tackle customs delays and any other issues that might hinder the timely movement of your cargo. Additionally, your partner in China should also be capable of handling all…
On 22nd April 2022, the cities of Antwerp and Bruges in Belgium signed a shareholders’ agreement to merge their respective ports. As a result, the Ports of Antwerp and Zeebrugge have become unified to form the Port of Antwerp-Bruges which is the largest port in Europe. In today’s blog, we have provided a comprehensive report…
The extended lockdown in Shanghai- the commercial capital of China as well as the site of the world’s largest port, has spelled out a supply chain disaster that is impacting almost every country around the world. China’s strict Covid policies is not only resulting in supply chain nightmares but also leading to inflation. After Shenzhen…
With container shipping being responsible for moving around 90% of international commodities, the ocean freight industry plays a major role in sustaining the modern economy. However, ever since the pandemic we can see a sharp rise in sea freight rates due to several factors like container shortage, equipment shortage, labour shortage, port congestion, etc. In…
Currently, the supply chain industry in the US is facing a massive disruption because of the shortage of truck drivers. Since the start of the pandemic in 2020, over 6% of truck drivers quit their job and presently this industry requires at least 80,000 new drivers. According to the American Trucking Association, the road freight…
E-commerce started making its presence felt in this industry way back in 2015. Back then multinational online companies started seeking same-day deliveries for their domestic clients and 72 hours deliveries for international clients. Since then, the model of operation has evolved considerably and e-commerce giants are increasingly using cargo planes for moving their shipments. According…
Since the start of last year, there have been over 80 important port construction projects. The net investments in these projects amount to over $39 billion. The new investments came at a time when the global ocean freight shipping industry was reeling under the impact of a pandemic, labour shortage, container shortage, and lack of…
Years of economic development have positioned China as one of the foremost players of international maritime trade. Several factors like enhanced maritime connectivity, government prioritization, development of port infrastructure, etc. have generated fantastic economic benefits for the country. Simply put, in 2022 we are seeing a massive influence of the Chinese ports over the global…
The international digital freight forwarding market is expected to grow from $2920 million in 2020 to $22920 million in 2027 at a CAGR of more than 23%. Automation of manual processes has become of the major drivers leading to the growth of companies across all sectors. Moreover, the expansion of e-commerce and the increase in…