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…
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,…