Over sixty companies, spanning carriers, fuel companies, and airports, pledged to embrace Sustainable Aviation Fuels (SAF), aiming to constitute 10% of the global aviation fuel supply by 2030. Shifting towards SAF, as opposed to crude oil, holds the potential to steer the air freight sector towards achieving net-zero CO2 emissions by 2050. Sustainable Aviation Fuel…
Tips to make the most out of Conqueror’s 10th Annual Meeting
The growth and success of a logistics company hinges significantly on two key factors: the company’s expertise and experience in the sector, and its capability to connect with people and offer optimal solutions. Therefore, elements like networking and proficient contact management emerge as crucial tools that can help independent freight forwarders make their mark in…
What is Maritime Single Window and how is it boosting digitization of the container shipping industry
As of January 1, 2024, the global implementation of a mandatory single window for data exchange in ports represents a crucial advancement in the digitization of the container shipping industry. Public authorities in all International Maritime Organization (IMO) member states are required to institute and utilize single window systems for the electronic exchange of information…
Logistics Digitization Trends in 2024
As we step into the new year, leaders in the transportation and logistics industry are faced with critical decisions that will shape the future of the sector. With technology investments on the rise since 2020, companies that resist modernization risk falling behind in an industry where options are narrowing. In 2024, businesses have a unique…
Exploring the Impact of the China Europe Railway Express: A Deep Dive into International Freight Forwarding Dynamics
The China-Europe Railway Express, also known as China Railway Express (CRE), plays a pivotal role in President Xi Jinping’s Belt and Road Initiative, serving as a crucial component in international freight forwarding. Over the past few years, this cross-continent network has emerged as a vital conduit for Chinese exports to Europe. Its significance has been…
The Air Freight Industry’s Outlook for 2024
In the ever-evolving landscape of air freight industry, 2024 brings a glimmer of hope and stability after the tumultuous fluctuations of the previous year. According to insights from Oslo-based Xeneta, the air freight sector may witness a return to a more predictable ‘classic seasonality,’ offering a much-needed respite for forwarders. Niall van de Wouw, Chief…
Navigating the logistical challenges of Chinese New Year: A guide for international freight forwarding companies
The Chinese New Year, alternatively referred to as the Lunar New Year or Spring Festival, stands as the most important holiday in China, carrying immense cultural significance. However, for international freight forwarding companies, this celebration introduces distinct logistical challenges. During this period, production decelerates, operations face limitations, schedules experience disruptions, and transportation delays ensue, resulting…
How dedicated freight corridors are becoming a game changer for the Indian transportation and logistics industry
In recent decades, the Indian Government has implemented various initiatives to enhance the country’s transportation and logistics industry, fostering increased profitability for both multinational corporations and independent freight forwarders. It is estimated that around 14 percent of India’s GDP is dedicated to the supply chain and logistics sector, a proportion nearly twice the average logistics…
Everything freight forwarders need to know about the increase in transit fees in the Suez Canal
Starting January 15, 2024, there is an anticipated nearly 15% increase in Suez Canal fees for most types of vessels, excluding container vessels departing from North European ports, which will have some exemptions. According to the Suez Canal Authority (SCA), container vessels, car carriers, chemical, crude, and product tankers, as well as gas carriers, will…
Why The Conqueror Freight Network’s Annual Meeting is a Must-Attend for Independent Freight Forwarders
In the world of freight forwarding, where relationships form the backbone of success, an in-person conference can be a game-changer. Networking isn’t just about exchanging business cards; it’s about creating lasting connections that open doors to new opportunities and projects. Conqueror Freight Network, the world’s largest exclusive logistics network with handpicked freight forwarders across 263…