China has significantly contributed to enhancing global connectivity with the Belt and Road Initiative which has had a tremendous impact on the transportation and logistics industry.The BRI has helped to boost international trade by creating a massive transportation network covering sea, road and rail successfully integrating several countries into the global supply chain. During the…
The Cooperative blog
Category: Logistics articles
The best Annual Meeting to attend if you are a freight forwarder
Relationship building is the cornerstone for the success of independent freight forwarders and this is exactly what an in-person freight forwarders conference can help you achieve. Networking is one of the key aspects that will help you explore new business avenues and build your brand. Most importantly, active networking will help you bring many new…
How China is coming up as a global leader in the logistics industry
The transportation and logistics industry in China has been thriving for the last few years. As per a report from Research and Markets, the transportation and logistics industry in this country will continue to expand at a CAGR of over 6% between 2022 to 2027. The pandemic has only accelerated the growth of the Chinese…
A forecast of the container shipping industry for the upcoming peak season
The peak summer season in 2022 will possibly be a chaotic one for the container shipping industry. The peak sea freight shipping season usually occurs in the 3rd quarter of every year. During this time, the retailers start stocking up their inventories to cope with the rising demand before the holiday season in the year-end….
Advantages of short sea shipping in the container shipping industry
Short sea shipping can be a convenient way for independent freight forwarders to cope with the ongoing port congestion in Europe, the US, and elsewhere. It is a useful and competent way to move cargo within the intra-regional supply chain. Additionally, short sea shipping is an economic and environmentally friendly way for independent freight forwarders…
The implications of Maerskās new air cargo business for independent air freight forwarders
Maersk has recently launched its air cargo division in response to its customers’ demand for international air freight services. They have selected Billmund – the 2nd largest airport in Denmark as its freight hub thus generating many jobs in this area. Maersk aims to move at least one-third of its yearly air freight via its…
International Day for Women in Maritime: An initiative to promote gender diversity in the maritime industry
International Maritime Organization, IMO, has recently announced the first International Day for Women in Maritime to address the problem of gender imbalance in the maritime industry. IMO is a specialized agency of the UN that is responsible for regulating the shipping industry. This First International Day for Women In Maritime on 18th May 2022 provided…
How digitization will help to drive the air freight industry forward
The pandemic along with the surge in e-commerce sales have provided the much-needed boost to the air freight industry that has become the most sought-after mode of fast cargo transportation. The need to ship cargo quickly is primarily driven by customer expectations and the need to send items to their destinations ASAP. Nevertheless, for a…
Impact of fuel price hike on trucking companies in the USA
Following the war in Ukraine, fuel costs have risen at an unprecedented rate. This has posed a stiff challenge for the road freight shipping industry which is now forced to run on smaller capital and tighter profit margin. Independent freight operators and small trucking companies in the US are the hardest hit by the hike…
Challenges facing the road freight industry in 2022
The last two years have been incredibly challenging for the transportation and logistics industry worldwide. For the first time, we have seen how the global supply chain was impacted at the same time because of the pandemic. Like all other sub-sectors of logistics, the road freight industry is presently experiencing unprecedented challenges. At the moment,…