The Cooperative blog

Freight forwarders who regularly send out sea freight shipments are surely aware of the much-dreaded demurrage and detention charges. Demurrage and detention fees were introduced as compensation to the equipment and container owners for the use of their warehouses, container yards, freight stations and containers. These fees act as an incentive for the shipping companies…

The immediate aftermath of Britain’s departure from the European Union has resulted in unprecedented hardships for the transportation and logistics industry in both the UK and the EU. As 2021 has come to an end the full impact of Brexit on transportation and logistics is becoming apparent. As the industry started to recuperate from the effects…

Ever since the container crisis and the hike in ocean freight rates, the transportation and logistics industry has become increasingly dependent on air freight services. As the Christmas season draws near, manufacturers, suppliers, and freight forwarders are trying to get their items moved via air freight. The air freight industry is trying to recover from…

The Coop’s 2nd Virtual Meeting that registered a record attendance has been successfully concluded. However, now that the most important part is over, it is time to think of an effective meeting follow-up strategy that will allow you to start working on the upcoming projects. Talking one-to-one with your business partners definitely constitutes the first…

After centuries of dependence on manual processes, the container shipping industry is finally riding the digital wave. Although the freight forwarding industry has been quickly adopting digital trends, one sector that is relatively backward in this regard is the sea freight shipping sector. However, in the past few years, the container shipping sector is resorting…

Business owners across all sectors require a form of accreditation that attests to their reliability and authenticity. The AEO or Authorized Economic Operator is one such certification that recognizes the authority and reliability of logistics companies. Receiving this certificate endows independent freight forwarders with a broad spectrum of conveniences and advantages. Keep reading today’s post…

The reputation and brand image of a logistics company or any company for that matter are entirely dependent on the customers. Just like any other sector, the transportation and logistics industry is constantly working towards creating a long-term mutually beneficial customer relationship. A sound relationship with the clients is critical for the long-term success of…

Drones or UAVs are the latest addition in the logistics sector that is expected to generate tremendous economic growth in the coming years. Companies like Matternet and Amazon have made it clear that drones will become the future of freight technology. Moreover, the pandemic has increased the demand for contactless deliveries. This is yet another…

One common objective of all logistics companies big or small is to move their shipment quickly and effectively at the lowest available cost. Road freight service providers no longer own a fleet of trucks that go to a handful of distribution centres and warehouses. Over the last few decades, the freight forwarding industry has become…

The International Air Transport Association is all ready to increase its profitability through its partnership with UNCTAD, the United Nations Conference on Trade and Development. UNCTAD partnership will have a positive effect on the international trade pattern. Moreover, it will also facilitate trade in developing nations and help to foster the growth of e-commerce. Keep…