In a world where digital innovation is reshaping industries at a rapid pace, the logistics sector is no exception. The necessity for digital transformation has gained prominence, especially in the aftermath of a global pandemic that threw unprecedented challenges at the logistics industry. Against this backdrop, The Cooperative Logistics Network’s digital partner, Cargowise, has conducted…
The air freight industry which kept fluctuating throughout 2023 is finally witnessing an uptick in demand. According to Oslo-based ocean and air freight market analytics platform Xeneta, the air freight forwarders might finally see the return of a more predictable ‘classic seasonality’ in the coming year. Niall van de Wouw, Xeneta’s Chief Airfreight Officer, anticipates…
“Global logistics is responsible for up to 11% of the world’s carbon emissions but, unlike other industries, it’s been slow to embrace sustainability”. This week, we had the opportunity to have a chat with Mr. David de Picciotto, CEO & Founder of Pledge- a carbon emission visibility platform, for the freight forwarding industry. In this…
As the freight forwarding industry evolves into one of the most lucrative global sectors, independent freight forwarders are increasingly facing incidents of fraudulent activities within the shipping and freight domain. Moreover, the shift towards increased reliance on online interactions, particularly accelerated by the pandemic, has made it challenging to verify the legitimacy of certain operations….
The global trade sector heavily relies on the logistics industry to connect diverse locations worldwide. However, a significant challenge arises due to the multitude of languages spoken in different regions, making the drafting of trade and sales contracts a complex task. This is where Incoterms prove invaluable. They establish a standardized format and a universally…
For several years, the logistics industry in Africa has grappled with the challenge of accommodating the rising population and the dynamic private sector within the country. However, new research indicates that a profound transformation is on the horizon, one that promises to have far-reaching benefits for the independent freight forwarders and the broader African economy….
Freight visibility in the transportation and logistics industry is a process that empowers customers to monitor their cargo at all times during the process of transit. By providing customers with specific details about their ordered products, including delivery timeframes, logistics companies can effectively oversee their orders, enhance daily operations, and prevent customer dissatisfaction. In the…
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…