Any successful company in the transportation and logistics industry is surely aware of the importance of having a trained and skilled workforce. Simply put, investing in talent is one of the best ways of retaining the best employees who are the biggest assets of independent freight forwarders like you. The best freight forwarding companies are…
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…
The cargo ship Felicity Ace with around 4000 cars on board caught fire last week. The incident happened off the coast of the Azores Island in Portugal. The accident that took place on 18th February generated an expected loss of over $155 million. However, the ship’s crew was safely evacuated but the burning vessel is…
With the port congestion, container shortage, skyrocketing demands, and increasing freight costs, the shortage of products still has not abated in the first quarter of 2022. It has become abundantly clear that time alone isn’t going to solve the problem of supply chain disruption that started with the pandemic. The transportation and logistics industry needs…
Governments around the world have designated freight forwarding as an essential sector. Moreover, the ongoing pandemic has further highlighted the key role of the transportation and logistics industry. With the market domination of a handful of multinationals, the future of independent freight forwarders is uncertain unless they can adjust their companies to the demands of…
The movement of direct container ships between Bangladesh to Europe will breathe in a new life to the container shipping industry in Bangladesh. The first ship on this route is all set to leave Chattogram for the Italian Port of Civitavecchia in the first week of February. In today’s blog, we will plunge into the…
When it comes to global manufacturing and freight volumes, certain events generally trigger an escalation of demand. For example, during Christmas, Hanukkah or Black Friday, logistics managers have a hard time coping with the upsurge in demand and lack of carrier space. The Chinese New Year is one such peak season for the transportation and…
Industries across all sectors around the globe are combating the supply chain disruption caused by the pandemic in the last two years. Following the unprecedented challenges faced by our industry in the last year, the transportation and logistics sector is now bracing up to adapt to the various logistics trends. This sector is presently optimizing…
2021 has been an important year for the transportation and logistics industry that was beset by port congestion, delays, equipment shortage, and, of course the pandemic. Nevertheless, on the bright side the freight forwarding industry also embraced new modes of operations and digitized their work processes to cope with the increasing challenges and has become…
Last week, the container shipping industry was abuzz with excitement regarding the news of the world’s first electric autonomous cargo ship. Over the last decade, the idea of self-driving vehicles has transformed from a Sci-Fi project to reality. Now the transportation and logistics industry is waiting for the next giant leap- viz the introduction of…