Maersk has recently launched its air cargo division in response to its customers’ demand for international air freight services. They have selected Billmund – the 2nd largest airport in Denmark as its freight hub thus generating many jobs in this area. Maersk aims to move at least one-third of its yearly air freight via its…
The Cooperative blog
Category: Logistics news
International Day for Women in Maritime: An initiative to promote gender diversity in the maritime industry
International Maritime Organization, IMO, has recently announced the first International Day for Women in Maritime to address the problem of gender imbalance in the maritime industry. IMO is a specialized agency of the UN that is responsible for regulating the shipping industry. This First International Day for Women In Maritime on 18th May 2022 provided…
Impact of fuel price hike on trucking companies in the USA
Following the war in Ukraine, fuel costs have risen at an unprecedented rate. This has posed a stiff challenge for the road freight shipping industry which is now forced to run on smaller capital and tighter profit margin. Independent freight operators and small trucking companies in the US are the hardest hit by the hike…
A new shipping alliance of the most important players for the digital transformation of this sector
Some of the most important players in the transportation and logistics industry have united to accelerate the process of digital transformation in the ocean freight shipping industry. BIMCO, FIATA, DCSA (Digital Container Shipping Association), ICC (International Chamber of Commerce) and SWIFT have signed an MOU for standardizing the digitization of global commerce. Keep reading today’s…
Impact of Indonesia’s coal export bans on the global coal supply chain
At the start of the new year, Indonesia banned exports of coal as the coal inventories of the country dropped to an all-time low. The country that was so far the world’s biggest coal exporter has put a ban on the exports of all types of coal to avoid a power crisis. In today’s post,…
How Brexit is impacting the transportation and logistics industry in the UK and Europe
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…
A look at the air freight capacity in the upcoming peak season
As the peak shipping season draws near, the spot rates for Asia to Europe have increased by a whopping 30%. The shutdown of the Yantian Port in the second quarter of this year followed by the Coronavirus outbreak at the Ningbo Port in China witnessed massive disruption and capacity losses. The repercussion of the disruptions…
Disappearing cargo ships in China and how it might affect the container shipping industry
One of the latest concerns of the global container shipping industry is the problem of disappearing Chinese ships. Although it might sound odd, several vessels in Chinese seas recently disappeared from the tracking systems. This has been happening since the Chinese government introduced a new data law. Keep reading today’s blog to learn about the…
How the advent of smart containers is transforming the container shipping industry
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…
Kannur International Airport expands flight services and commences cargo operations
Kannur International Airport (KIAL) in Kerala started its operations less than 3 years back, is quickly transforming into an important cargo handling hub in India. It lies 28 km from Kannur town and serves several regions in the districts of Kerala, Karnataka, and Pondicherry, India. Within the first nine months since its opening, this airport…