If you’re an independent freight forwarder working in ocean freight forwarding, the recent news about spot rate stability on Asia–U.S. trade lanes might seem like a welcome break from volatility. But the reality is far more complex. According to Xeneta, average container spot rates from Asia to the U.S. West and East Coasts have held…
The Cooperative blog
Tag: sea freight forwarding
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…
Benefits of Ocean Freight Shipping Digitalization Strategy in 2024
Digitalization has become the driving force revolutionizing the ocean freight shipping industry, ushering in a new era of efficiency and safety for cargo and cargo handlers alike. In this blog, we delve into the myriad benefits of the digitalization of logistics, shedding light on the key factors that unlock a realm of possibilities for all…
Advantages of short sea shipping in the container shipping industry
Short sea shipping can be a convenient way for independent freight forwarders to cope with the ongoing port congestion in Europe, the US, and elsewhere. It is a useful and competent way to move cargo within the intra-regional supply chain. Additionally, short sea shipping is an economic and environmentally friendly way for independent freight forwarders…