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….
The Cooperative blog
Tag: ocean freight shipping
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….
Top 10 busiest ports in the world
The sea freight shipping industry counts on more than 800 active ports on the planet. Manufacturers, retailers, buyers, and suppliers across all sectors depend on ocean freight shipping services for importing and exporting shipments. As per World Shipping Council, over 6000 container ships ply the seas everyday moving around 226 million containers per year. The…
How the ports are helping China to lead the global container shipping industry
Years of economic development have allowed China to come up as one of the pioneers in the international container shipping industry. A well-connected network of ports has yielded several economic advantages for China. It has given Beijing greater control over the global maritime trade in general. The authorities in China are presently boosting the connectivity…
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…