Even a few years back, the freight forwarders’ sole responsibility was to organize and oversee the transportation of cargo. They traditionally acted as agents of the carriers or as shipping agents. The success of a logistics company depended on its experience, industry knowledge, international network, and ability to mitigate crisis situations. Their role was to…
The Cooperative blog
Tag: transportation and logistics industry
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…
Common cargo theft tactics and how independent freight forwarders can prevent them
Cargo theft is one of the recurring problems the freight forwarding industry has to regularly contend with. Starting from electronic goods and other valuable shipments to food and beverages, the burglars target all sorts of commodities that fetch good value in the black market. Data from the National Insurance Crime Bureau, suggests that in the…
How lifelong learning can help you with career enhancement
Lifelong learning can give you a competitive edge irrespective of the job sector. However, in a complex industry like transportation and logistics, continuous training is not just important, it is imperative. Not only will it enhance your career, but it will also enable you to grow and sharpen your professional skills, expertise, and abilities. Additionally, …
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…
A quick look at the top 10 busiest cargo airports in the world
Ever since the container crisis and the hike in ocean freight rates, the transportation and logistics industry has become increasingly dependent on air freight services. As the Christmas season draws near, manufacturers, suppliers, and freight forwarders are trying to get their items moved via air freight. The air freight industry is trying to recover from…
How drone delivery will transform the future of logistics industry
Drones or UAVs are the latest addition in the logistics sector that is expected to generate tremendous economic growth in the coming years. Companies like Matternet and Amazon have made it clear that drones will become the future of freight technology. Moreover, the pandemic has increased the demand for contactless deliveries. This is yet another…
The use of IoT in the freight forwarding industry
IoT or the Internet of Things has come up as a game-changer in the transportation and logistics industry. In the supply chain, the IoT can enable machine-to-machine connection that helps with a host of logistical processes. For instance, it enables shipments, containers, vehicles, loading equipment, and any other device and asset to communicate with each…
The new crisis in the air cargo industry due to China supply chain disruptions
Several factors have once again put pressure on the supply chain in China. The Chinese authorities are implementing strict quarantine measures and lockdowns to prevent the spread of the Delta variant. This in turn has somewhat jeopardized the normal functioning of the air cargo industry. In today’s blog, we are going to talk about the…
The problem of traffic congestion in Chicago and its impact on the logistics industry
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…