The Ocean Alliance, the largest ocean freight shipping alliance comprising leading carriers, has extended its agreement by five years, reinforcing its commitment to partnership and collaboration. On February 27th, the CEOs of carriers like COSCO Shipping, OOCL, CMA CGM, and Evergreen met in Shanghai to sign a MOU agreeing to extend the OCEAN Alliance until…
Impact of El Nino on the container shipping industry
The unforeseen warming of the eastern Pacific Ocean, commonly referred to as the El Niño phenomenon, has become another addition to the growing list of climate-induced weather events causing disruptions in the global container shipping industry. Maritime analysts suggest that the occurrence of El Niño, a naturally recurring phenomenon with a typical cycle of every…
Choosing the Right Shipping Container: Essential Tips for Independent Freight Forwarders
Whether you’re moving cargo by sea, air, or land freight, the choice of shipping container plays a crucial role in the transportation process. While selecting a container may initially seem straightforward, there are several considerations you need to take into account to ensure it meets your specific requirements. Shipping containers come in various sizes and…
Freight and Logistics Market in Brazil and How Freight Forwarders in the Country Can Boost Their Profitability
Being a vast continental nation and an emerging economic force, Brazil has committed significant investments in the expansion of its transportation and logistics infrastructures. The country’s logistics matrix, shaped by industrialization policies in the sixties, heavily relies on highways. During that era, Brazil transitioned from railways to highways. However, the challenges of maintaining, expanding, and…
The Red Sea Shipping Crisis: A Comprehensive Guide for Ocean Freight Forwarders
Since November, Yemen’s Houthi rebel group has been targeting vessels passing through the Strait of Bab al-Mandab. This strait is a 20-mile (32km) wide channel that separates northeast Africa from Yemen on the Arabian Peninsula. The Strait of Bab al-Mandab is a critical maritime chokepoint, and any disruptions in this area can have significant implications…
How to build better professional relationships with your Coop partners
The triumph of an independent freight forwarder is intricately woven with the art of fostering productive collaborations and robust relationships within the freight forwarding network. The key to achieving a prominent international presence lies in the building and solidifying of connections with logistics partners. Membership in The Cooperative Logistics Network emerges as a unique gateway,…
The ongoing problems in the Suez Canal and how the sea freight forwarders can mitigate them
The container shipping industry is encountering another obstacle with the diminishing viability of the Suez Canal as a preferred route for cargo transportation. In recent weeks, attacks on ships navigating the Red Sea route to the Suez Canal have prompted several shipping companies to redirect vessels or suspend their transit. Despite ongoing international efforts to…
How freight forwarding companies can lower the carbon footprint of their office space
The current contribution of the transportation and logistics sector to global net emissions stands at 24%, with a continual rise driven by increasing global commodity demand. Consequently, the freight forwarding companies are engaged in intense competition to embrace more sustainable practices, responding to the escalating need for environmentally friendly logistics solutions. These independent players are…
Benefits of Ocean Freight Shipping Digitalization Strategy in 2024
Digitalization has become the driving force revolutionizing the ocean freight shipping industry, ushering in a new era of efficiency and safety for cargo and cargo handlers alike. In this blog, we delve into the myriad benefits of the digitalization of logistics, shedding light on the key factors that unlock a realm of possibilities for all…
What to expect in 2024: Insights for independent freight forwarders
In the dynamic realm of shipping and logistics, constant change is the only certainty. The past four years have been marked by significant shifts, from the challenges posed by the Covid pandemic to the subsequent economic recovery and supply chain crisis. These events have not only exposed the vulnerability of the global supply chain to…