Every year, the world celebrates International Maritime Day to emphasize the indispensable role of the maritime industry in global trade and economy. Held in September and established by the International Maritime Organization (IMO), this day draws attention to maritime safety, environmental sustainability, and the importance of shipping in facilitating world trade. For freight forwarders and…
The Cooperative blog
Tag: ocean freight shipping
The Use of TEU Containers in Ocean Freight Shipping
The container shipping industry is a cornerstone of global trade, and at the heart of this industry lies the TEU container. Standardization, efficiency, and scalability are just a few reasons why TEU containers have become indispensable in the world of shipping. In this blog, we will explore what TEU containers are, their significance, and their…
The top busiest routes in ocean freight shipping
In the intricate web of global trade, container shipping routes serve as the essential arteries, ensuring the seamless flow of goods across continents. These maritime highways, bustling with colossal vessels, connect the world’s major economic hubs and facilitate the movement of everything from everyday commodities to cutting-edge technology. According to the International Maritime Organization, the…
Latest Container Shipping Industry News that Independent Freight Forwarders Should be Aware of
As we are approaching the end of the first quarter of 2024, now is an opportune time to delve into the latest developments within the container shipping industry, which significantly impact the global supply chain. This article serves as a comprehensive overview, offering insight into major logistics news shaping the freight forwarding industry landscape worldwide….
Exploring the transportation and logistics of chocolate
Chocolate, a universal indulgence, transcends borders and cultures. This richly flavored delight has fostered a global love affair, resulting in a multi-billion-dollar industry. Major brands play a pivotal role by shipping popular chocolate products worldwide. Nevertheless, the transportation and logistics of chocolates demand meticulous attention to storage temperature and humidity levels to guarantee that these…
The ongoing problems in the Suez Canal and how the sea freight forwarders can mitigate them
The container shipping industry is encountering another obstacle with the diminishing viability of the Suez Canal as a preferred route for cargo transportation. In recent weeks, attacks on ships navigating the Red Sea route to the Suez Canal have prompted several shipping companies to redirect vessels or suspend their transit. Despite ongoing international efforts to…
The use of feeder vessels in the container shipping industry
A feeder vessel, also known as a feeder ship, serves as an intermediate-sized cargo vessel with a specific purpose in the container shipping industry. Its primary role is to gather shipping containers at a port and subsequently convey them to transshipment hubs or central container terminals. At these locations, the containers are either transferred onto…
The Panama Canal Drought and its impact on the international maritime industry
The Panama Canal, an engineered water passage connecting the Atlantic and Pacific Oceans, has played a pivotal role in the international maritime industry for more than a century. According to the Panama Canal Authority (ACP), it now serves as a conduit linking nearly 2,000 ports across 170 countries, with the United States, China, and Japan…
xChange Insights: A platform to help independent freight forwarders make better container decisions and save time and costs
In the middle of global disruptions, the international ocean freight shipping market size grew from $10.24 billion in 2022 to $11.18 billion in 2023. Regardless of this growth, thousands of independent freight forwarders have suffered financial and time losses while trying to find the best time and locations to buy, sell, and lease containers. In…
Advantages of digitizing ocean freight shipping operations
The shipping containers which were invented back in 1956 stand as a remarkable innovation that has left an indelible mark on maritime history. Even though nearly 70 years have passed since the origin of shipping containers, the fundamental aspects of container operations have remained largely unchanged, including the manual and opaque procedures governing its operations….