Container shipping rates are spiking once again. For the first time since the pandemic era, ocean freight rates are nearing record highs. This surge in rates is attributed to limited container supply due to rerouting around the Red Sea, and strong demand in multiple regions. The busy season has commenced earlier than usual, driving rates…
In the fast-paced world of the transportation and logistics sector, efficiency and accuracy are paramount for independent freight forwarders. Small and mid-sized logistics companies often struggle to compete with larger players due to their limited resources and manual processes. As industries across all sectors strive to keep pace with digital progress, logistics companies worldwide are…
The container shipping industry is a major contributor to global carbon emissions, with diesel-powered freighter ships responsible for transporting approximately 90% of global cargo. This reliance on carbon-emitting vessels underscores the international economy’s dependence on this mode of transportation. Furthermore, most container ships utilize heavy bunker fuel, which exacerbates carbon emissions. Annually, the sector consumes…
In a world where hunger claims lives daily, it’s a distressing reality that so much food ends up in the trash. Approximately one-third of all food produced for human consumption—about 1.3 billion tons worth around US$1 trillion—is lost or wasted annually. To put this in perspective, this “surplus food” could feed two billion people, which…