Chicago has come up as a new point of congestion in the international supply chain. The traffic congestion in the commercial hub of the USA has sort of choked the transportation and logistics industry which is grappling with the influx of imports from Asia to the freight hub in the Midwest. The topic for today’s…
The present scenario in the sea freight shipping industry has posed a major problem for shippers. To begin with, the freight rates are high, and then there are the added problems of container shortage, port congestion, and high demand for space. As per a report by CNBC, “Shipping costs have skyrocketed as desperate companies wait…
The World Logistics Passport is an initiative by the government of Dubai to encourage trade in the emerging markets. Countries from Asia, Central America, and Africa have started to join this new trading initiative with the objective of uniting the logistics pioneers and forge a partnership focused on boosting trade. Keep reading today’s post where…
The One Belt One Road (OBOR) Initiative is a colossal, long-term project on part of the Chinese government with participation from several other nations. The goal of this project is to enhance international trade and improve logistics for the promotion of global economic development. China is consistently urging other countries to cooperate on all fronts….
Although it has been over two years since the launch of Uber Freight, there is still a lot of talk over the rise of this app and its implications on independent freight forwarders. Moreover, this topic has become all the more relevant ever since Uber Freight has expanded its presence in Europe. Keep reading today’s…
The Suez Canal of Egypt that connects the Red Sea to the Mediterranean allows for direct shipping between Europe and Asia. In the absence of this canal the ships would have required to go all the way round the Cape of Good Hope in Africa, resulting in a much longer voyage time. The world saw…
Last mile logistics which is one of the trickiest parts of the transportation project, refers to the final phase of the delivery process where the item is moved from the distribution centre to the doorstep of the consignee. The ever increasing number of e-commerce websites has cleared the way for quick, resilient, customized and trackable…
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The stevedores at the Port of Lisbon and the Port of Setubal have extended their call for strike which has been continuing since 9th of March to protest over issues related to docked pay. The purpose of the strike which has been going on intermittently since February 2020 is to force the authorities to intervene…