With the introduction of 5G mobile broadband in various cities around the globe, the transportation and logistics industry is all set to enhance its operational efficiency. 5G network will majorly boost the IoT (Internet of Things) communications while allowing for faster data speed, lower latency, and enhanced slicing. Moreover, with 5G the shipping process from…
The container shipping industry which forms the backbone of the global economy is undergoing a significant change to cut down on its greenhouse gas emissions. Back in 2018, UN Maritime Organization set a target to reduce carbon emissions by at least half in the next 30 years. Decarbonization has become a top priority of global…
The sea freight industry is presently undergoing a drop in ocean freight rates because of a fall in consumer demand. Although this had been predicted a while back by maritime experts, the rate of fall is much steeper than previously anticipated. In fact, the logistics companies have reported a drop in ocean freight orders by…
The use of intermodal containers has brought about a significant transformation in the transportation and logistics sector. The intermodal containers are different from other shipping containers since they are generally used in a range of transportation modes. These kinds of containers are deemed ideal for long-distance transportation and can minimize fuel expenditure by saving up…
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…
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…
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…
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….
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…
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…