The year 2022 could be a profitable one for people working in the container shipping industry. The abatement of the pandemic is expected to make the shipping scenario more stable than in the last two years. The international container export volume is predicted to rise by around 2-3% in 2022. This is not only because…
In the last few years and especially since the pandemic, the transportation and logistics industry has been undergoing the process of digitization. Challenges from the multinationals, increasing competition, changed customer expectations, and the need for more efficiency are some of the factors that have prompted the forwarders to adapt to the new age of seamless…
The demand for air cargo space is growing stronger in 2022 as belly hold services are still not fully functional because of the grounding of several passenger planes. As stated by the President of FedEx, “As passenger travel remains depleted, air cargo capacity will be constrained through 2022 all while the demand for goods is…
The cost of shipping for transportation and logistics companies isn’t going to come down in 2022 as the challenges to deliver shipments are still persisting amid the pandemic. Regardless of the mode of transportation, the rates are going to rise. Moreover, the labour shortages around the world are further complicating the situation which is why…