The post-pandemic economy will be heavily reliant on e-commerce and will contribute to the tremendous growth of the trucking and transportation industry in the coming months. The impact of e-commerce on trucking and particularly LTL freight shipping is massive. In other words, the rise in the online shopping trend has had great ramifications throughout the…
Automation is widely regarded as the next giant leap for the road freight industry. The topic of autonomous vehicles has gradually evolved from an Utopian dream to a reality in no time at all. Within the next ten years, we can expect fully autonomous trucks to ply the highways and deliver goods on their way….
The flooding of Canada’s 3’rd largest city -Vancouver was all over the news just a few weeks back. Following days of torrential rain in the Pacific Northwest the port and rail services of the city suffered a huge blow. The Port of Vancouver handles C$550 worth of shipments every day that includes automobiles, food grains,…
The transportation and logistics industry is finally waking up to the call of digitization. The freight forwarding industry is presently undergoing a major change in their business models keeping in line with the new market trends and customer demands. However, digital transformation doesn’t simply entails the creation of an IT team and investments on new…
The market size of the transportation and logistics industry could register a CAGR of over 4% between 2021 to 2026. This is mainly because of the rise in global trade volumes coupled with the increased trade agreements across nations. As per research by Valuates Reports, the market size of the freight forwarding industry will reach…
The city of Barcelona, in North-eastern Spain, is emerging as the nerve centre of economic activities in Southern Europe. Located on the coasts of the Mediterranean, this city is famous for its industrial tradition, diverse economic activities, and dense commercial fabric. The international economic activities of this city are driven by its port, airport, the…
The tremendous growth of consumer demands for commodities has made the sea freight shipping industry a pivotal support system for trade and commerce all over the world. As per a report by the UNCTAD, over 80% of international trade is carried on via sea freight thus making it the backbone of international trade. However, since…
The sudden hike in the air freight charter prices has taken the air freight industry by storm. As the peak holiday season is drawing close, air freight forwarders all over the world are trying to deal with the skyrocketing prices. The industry experts are predicting ‘big chaos’, sky-high prices, and a shortage in capacity just…
The acute driver shortage in the UK has taken a toll on the manufacturing, and retail industry. Brexit is somewhat responsible for the shortage of HGV drivers while the Covid-19 further delayed the influx of new drivers from other European countries. Moreover, the shortage of nearly 400,000 HGV drivers across Europe is putting tremendous pressure…
Uber Freight has acquired logistics tech company Transplace from TPG Capital for around $2.25 billion. As one of the most talked-about merger in the transportation and logistics industry, this acquisition will create one of the strongest supply chain tech platforms, with the largest and most integrated logistics network globally. According to Uber Freight CEO Lior…