The shipping industry plays a vital role in global trade, ensuring the seamless movement of goods across international borders. Among the key players in this industry, Non-Vessel Operating Common Carriers (NVOCCs) have emerged as a crucial link between shippers and carriers. NVOCCs facilitate cargo transportation without owning vessels, making them indispensable for businesses that rely…
The Cooperative blog
Tag: logistics industry
Why Logistics Companies Lose Customers and How to Resolve the Problem
In the highly competitive logistics industry, retaining customers is as critical as acquiring new ones. Several factors contribute to customer attrition, and understanding these reasons can help logistics companies implement effective strategies to improve customer satisfaction and loyalty. This article explores the primary reasons why logistics companies lose customers and offers solutions to address these…
How independent freight forwarders can use Facebook Messenger as a marketing tool
Facebook Messenger marketing can be an influential component of the digital strategy of independent freight forwarders. By offering a direct channel to connect with customers, this tool enables forwarders to showcase their strong points and highlight the solutions they can provide to address the particular requirements of their customers. With over 1 billion monthly users,…
How e-commerce is fostering the growth of the international logistics industry
Although the trend of online shopping is nothing new, it was the pandemic which undoubtedly expedited the boom of the e-commerce industry which in turn has directly influenced the companies providing services in the transportation and logistics sector. The e-commerce companies are increasingly outsourcing logistics to fulfill their orders effectively and on time. The rising…
Freight rate outlook for 2023
The transportation and logistics sector went on a bumpy ride in the last couple of years because of the rising rates, overstretched capacity, equipment and labour shortage, rising fuel prices and several other factors. This year can offer some respite when it comes to the freight rates because of the falling demand for goods. Nevertheless,…
Decarbonization Endeavours of the Container Shipping Industry
The container shipping industry which forms the backbone of the global economy is undergoing a significant change to cut down on its greenhouse gas emissions. Back in 2018, UN Maritime Organization set a target to reduce carbon emissions by at least half in the next 30 years. Decarbonization has become a top priority of global…
The advantages of using intermodal containers in transportation and logistics
The use of intermodal containers has brought about a significant transformation in the transportation and logistics sector. The intermodal containers are different from other shipping containers since they are generally used in a range of transportation modes. These kinds of containers are deemed ideal for long-distance transportation and can minimize fuel expenditure by saving up…
How China is coming up as a global leader in the logistics industry
The transportation and logistics industry in China has been thriving for the last few years. As per a report from Research and Markets, the transportation and logistics industry in this country will continue to expand at a CAGR of over 6% between 2022 to 2027. The pandemic has only accelerated the growth of the Chinese…
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…
Everything independent freight forwarders need to know about the AEO Certification
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…