A feeder vessel, also known as a feeder ship, serves as an intermediate-sized cargo vessel with a specific purpose in the container shipping industry. Its primary role is to gather shipping containers at a port and subsequently convey them to transshipment hubs or central container terminals. At these locations, the containers are either transferred onto…
Thanks to the adoption of cutting-edge technologies, the logistics industry is poised to surpass 13.7 billion euros by 2027. The utilization of up-and-coming innovations has been instrumental in keeping the logistics multinationals as well as the independent freight forwarders at the forefront of progress. Notably, blockchain technology has taken the supply chain sector by storm,…
The Panama Canal, an engineered water passage connecting the Atlantic and Pacific Oceans, has played a pivotal role in the international maritime industry for more than a century. According to the Panama Canal Authority (ACP), it now serves as a conduit linking nearly 2,000 ports across 170 countries, with the United States, China, and Japan…
For individuals aspiring to build a promising career in the dynamic supply chain industry, enrolling in freight forwarding courses can offer invaluable support. These courses, centered on freight forwarding and logistics management, bestow a significant competitive edge upon professionals within this field. Furthermore, given the ever-increasing significance of the logistics industry in today’s economy, these…
For freight forwarding companies aiming to maintain competitiveness in today’s market, it is imperative to reevaluate their online presence and enhance their visibility and accessibility to clients. One effective approach to achieve this objective is by prioritizing the optimization of their website for search engines (SEO). While it may appear as a straightforward tactic, having…
The Electronic Air Way Bill (e-AWB), launched in 2010, has progressively established itself as the standard contract for air freight forwarders. It now applies to all airfreight shipments and is experiencing rapid expansion in its adoption. The digitization drive within the air freight shipping industry involves multiple participants, including carriers, air freight forwarders, ground handlers,…
Spain, renowned for its rich industrial heritage, diverse economic activities, and robust commercial network, has emerged as a pivotal economic hub in Southern Europe. With an extensive 8,000-kilometer coastline, this country is a prominent player in maritime freight transportation among European nations. Additionally, Spain has made significant advancements in rail and road transport, cementing its…
A Bill of Lading, commonly known as B/L, BoL, or Waybill, stands as the essential document that independent freight forwarders must adeptly manage when handling international cargo movements. Irrespective of the cargo’s nature or the chosen mode of transportation, the Bill of Lading remains an indispensable requirement. Essentially, it constitutes a legally binding document issued…
Without a data-driven foundation, independent freight forwarders cannot grasp the profound impacts of their actions. Proficient measurement of carbon footprint empowers logistics companies to establish a clear position, comprehend their emissions, and strive for reduction and offsetting goals. This approach also allows them to showcase tangible and transparent achievements. The tactic a freight forwarding company…
In the middle of global disruptions, the international ocean freight shipping market size grew from $10.24 billion in 2022 to $11.18 billion in 2023. Regardless of this growth, thousands of independent freight forwarders have suffered financial and time losses while trying to find the best time and locations to buy, sell, and lease containers. In…