The high population level and the extensive geographical coverage of India are two important reasons that are influencing the logistics industry outlook in India for 2023. India is the 5th largest economy in the globe where the logistics sector contributes to over 14% of the country’s net GDP. The value of the logistics sector in…
Container rollover is one of the most pressing problems in the ocean freight shipping industry that often entails extra surcharges and delays for freight forwarding companies. In the event of a container rollover, the container is usually loaded on the next sailing vessel or on an alternative vessel which results in massive delays for all…
There are several ways in which logistics companies can cut costs and increase their profitability. However, in the present scenario, one of the best opportunities for logistics service providers to reduce expenses is to effectively deal with the problem of rising fuel costs in an innovative way. Companies in the transportation and logistics sector have…
Logistics companies that want to gain a greater foothold in the market need to invest considerable time and effort towards nurturing and maintaining a good rapport with their potential customers. It needs to be remembered in this context that lead generation and nurturing is a time-intensive task that requires preparation and a well-planned strategy. Additionally,…
Even in the first quarter of 2023 women continue to represent an untapped resource in the overall talent pool of the transportation and logistics industry which still continues to be a male-dominated sector. An inclusive work culture will help the players in this sector to find new and innovative ideas that could eventually help to…
Sales in the transportation and logistics sector can be tough to scale for independent freight forwarders like you, especially in the present times when multinationals are expanding their outreach like never before and trying to capture a growing share of your business. Moreover, the economic downturn caused by the pandemic since 2020, has added to…
In the last three years, the pandemic impacted the normalcy of global logistical operations as a result of which the supply chain industry had to contend with severe disruptions, container shortages, port congestion, hike in spot rates, and sudden changes in demand among other things. Right now we can confidently expect that the pandemic is…
The transportation and logistics sector can greatly benefit from efficient route planning software that can ensure timely deliveries while cutting down on the expenses. The route optimization systems help freight forwarding companies figure out the most efficient routes for sending several deliveries to a number of locations within the least possible time and covering the…
The rail freight shipping industry is all set to play a major role in the international supply chain over the next couple of years. Shipping by railway is a much more reliable form of moving cargo since in this case, the transit of goods is in no way affected by weather conditions like rain, storm,…
An essential component of the independent freight forwarders’ job consists of ensuring that the cargo reaches the consignee’s destination in its intact condition. Making sure that the cargo reaches the customer undamaged not only helps with client retention but also helps to avoid reverse logistics expenses. More often than not, once the shipment is loaded…