The cost of fuel which has been on the rise even since the Russia-Ukraine war has now become an ever-growing headache for the freight forwarding industry. The supply chain sector is closely interlinked with the fuel industry as practically all commodities’ supply chain is impacted by it. No matter if the product is moving from…
The extended lockdown in Shanghai- the commercial capital of China as well as the site of the world’s largest port, has spelled out a supply chain disaster that is impacting almost every country around the world. China’s strict Covid policies is not only resulting in supply chain nightmares but also leading to inflation. After Shenzhen…
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…
Along with IoT, Blockchain, robotics and e-commerce TMS or Transport Management System has also become a much used term in the freight forwarding industry. TMS is one aspect of digitization that often goes way beyond the reduction of the cost of shipping. To put it simply, it allows the freight forwarders to move shipments from…