Demurrage and detention are some of the most common fees in ocean freight shipping that the carriers and terminals impose on importers, exporters, and freight forwarders when they keep containers beyond the allowed free time. These fees will keep accumulating until the cargo reaches the consignee’s destination. These days, demurrage and detention charges have become…
According to a new publication by Container xChange, the digitization of container operations has emerged as a valuable solution for forwarders in the container shipping industry. The report sheds light on the extensive benefits this digitization brings to logistics professionals. Despite almost seven decades having elapsed since the inception of shipping containers, the core elements…
Pharmaceutical cargo requires special skills and know-how on the part of independent freight forwarders. More often than not, pharmaceutical items are both time and temperature sensitive and demand special precautions during transit. The freight forwarding company needs to ensure that the quality and integrity of the products are intact throughout their journey from the manufacturing…
Attending logistics industry events is a fantastic way for independent freight forwarders to meet new people in the sector, reconnect with industry peers and most importantly stay updated with the latest industry trends. Now that the Globalia members are back home after a highly productive in-person conference at Phuket, it is time to gear up…
Delivery drones are all set to become an essential component of the logistics industry and the e-commerce sector. Thanks to the advent of delivery drones, instant deliveries of orders via drones will soon become a reality. In the last 3 years, we have seen over 660,000 commercial drone deliveries. In 2022, over 2,000 drone deliveries…
The capacity crunch in the ocean freight industry during the three years of the pandemic compounded the existing uncertainties and eventually resulted in a perfect storm for shipbuilding markets. All the players in the container shipping sector started ordering more container ships than ever before. As per an estimate by Maritime Strategies International (MSI), with…
Spain which is famous for its industrial tradition, diverse economic activities, and the dense commercial fabric, has established itself as the nerve center of economic activities in Southern Europe. As per a report by Technavio, the transportation and logistics market in the country will be valued at $5.39 billion by 2026 with a growing CAGR…
Globalia Logistics Network’s 4th Annual Meeting which was held from 15th to 17th March at Le Meridien Phuket Beach Resort in Thailand brought together freight forwarders from all corners of the globe under one roof. The annual conference offered just the right platform for members to consolidate relationships with their network partners and work towards…
Last year the air cargo sector went through turbulent times with a fall in demand, high fuel costs, grounded flights, and trimmed routes. The skyrocketing jet fuel price and the limited belly capacity because of grounded flights were some of the factors that pushed up the air freight rates. The air freight companies witnessed a…
The quick advances in the research and development of self-driving trucks have been in focus throughout the last three years as the pandemic renewed the importance of autonomous trucks that can ply the road without the presence of a driver. Moreover, the transportation and logistics trends in 2022 have shown massive investments in e-commerce fulfillment…