The ocean freight industry is currently experiencing a global shortage. This is a unique problem that has come about due to unforeseen circumstances relating to the COVID-19 pandemic. The lack of containers is not only a singular problem. It has a trickle-down effect...
The terms logistics and supply chain management are often used interchangeably. While either term can be used sometimes to describe the other, they are essentially different processes; the core functions of each activity are not the same. In simple terms, logistics is...
The ocean container shipping industry is constantly changing as freight shipping companies adapt to ever-changing technology and growing customer expectations. Shipping businesses must also be focused on longer-term developments such as emerging economies, renewable...
Although 2020 was perhaps the most unpredictable year in recent history, its effects aren’t over yet. It’s still possible that 2021 will have significant curveballs, especially if the COVID-19 vaccine rollout hits significant obstacles. Global trade will likely take...
Current global shipping problems have caused delays, losses, and wasted time and energy for exporters and importers all over the world. Instead of being limited to countries that COVID most strongly impacted, the turmoil has expanded to every country with an economy...
No matter what form of transport you choose to ship your goods, calculating freight rates is a crucial process. Shipping rates vary between providers, meaning you should always shop around to compare shipping quotes. Economic factors, truck drivers’ availability, fuel...
