We have reached a time when the freight forwarding industry has become dependent on digital technologies like never before. Logistics service providers around the world are already leveraging digital transformation to streamline their processes, integrate new initiatives, satisfy customer expectations, save time and money, and adapt to the changes in market demands and business scenarios….
On the 5th of June 2022, a fire broke out at the container terminal close to Chittagong port causing unprecedented loss of lives and property. According to senior port officials, there has been almost 50 fatalities and numerous injuries. While the loss of lives and properties is the biggest tragedy in the shipping industry this…
The container shipping industry is preparing for renewed chaos, disruption, congestion, and backlogs as Shanghai restarts its manufacturing and supply chain operations after two months of strict lockdown. A recent survey by Container xChange suggests that this year’s summer peak season cargo surge will be even more chaotic for global supply chains than the 2021…
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…
With more than 1 billion daily active users and 2 billion monthly active users, Facebook is a perfect platform for freight forwarding companies to market their business. A Facebook business page can immensely help you with connecting with your audience. Keep in mind that around two-thirds of Facebook users visit a local Facebook business page…
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…