The food and pharmaceutical industries are experiencing rapid growth, resulting in a significant demand for cold-chain logistics service providers. As trends continue to emerge, there is an increasing focus on expanding refrigeration capacity within the supply chain. Consequently, the independent freight forwarders are striving to keep up with these developments, adapting and evolving to meet…
The world of logistics is being revolutionized by digitization, ushering in a new era of enhanced visibility, connectivity, and flexibility. Within the freight forwarding sector, the adoption of these cutting-edge technologies has demonstrated significant potential for streamlining operations. Nevertheless, it also poses a formidable challenge, demanding a delicate equilibrium between priorities, investments, customer expectations, and…
The unexpected warming of the eastern Pacific Ocean, commonly known as the El Niño phenomenon, has joined the constantly increasing list of climate-induced weather events disrupting the global ocean freight shipping industry. Experts in maritime analysis suggest that the emergence of El Niño, a naturally occurring phenomenon that typically recurs every two to seven years,…
Building strong relationships is the foundation of success for independent freight forwarders, and this is precisely what Conqueror’s 10th Annual Meeting at Bali can facilitate. Networking stands out as a pivotal element in your journey to explore fresh business opportunities and enhance your brand presence. What’s most critical, though, is that active networking can open…
As the need for climate action intensifies, companies are reshaping their logistical processes within a sustainable framework that encompasses warehousing and transportation. Aside from establishing eco-friendly work environments, the transportation and logistics industry has started various initiatives aimed at reducing its environmental impact. Sustainable logistics and supply chain management can help independent freight forwarders achieve…
Over the last few decades, the Indian Government has undertaken numerous initiatives aimed at bolstering the nation’s logistics infrastructure and enabling greater profitability for both multinationals as well as independent freight forwarders. According to estimates, approximately 14 percent of India’s GDP is allocated to the supply chain and logistics sector, a figure nearly double the…
In the container shipping industry, one significant pain point for independent freight forwarders is the accessibility of real-time container data. To better comprehend the challenges faced by companies in this sector, Container xChange conducted a comprehensive survey involving over 250 participants, including container traders, freight forwarders, and NVOCCs. The results revealed that a significant majority…
According to the International Air Transport Association (IATA), global air cargo volumes are projected to decline by 4 per cent in 2023 compared to the previous year. This downward trend which is attributed to the challenging economic conditions prevailing worldwide can be a problem for air freight forwarders. IATA’s latest forecast, released on Wednesday,…
Port congestion, a persistent problem in maritime logistics, continues to plague the ocean freight shipping industry to this day. However, it is important to understand the causes, the affected parties, and the strategies for safeguarding your business during such circumstances. In this blog, we are going to unravel the reasons behind port congestion and provide…
In an era of digital freight forwarding, the traditional logistics companies are actively seeking ways to close the gap and remain competitive with the big names in the industry. By embracing innovative technologies and adopting new strategies, established freight forwarders are finding opportunities to leverage their expertise while staying ahead of the curve. This article…