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…
Trends that will reshape the ocean freight industry in 2023
The ocean freight industry is currently going through a massive transformation and since the abatement of the pandemic, it is now all focused on dealing with the threat of climate change through the green transition. Moreover, the changes in this sector are also taking place because of other factors such as the introduction of new…
Post-conference follow up tips to make the most of Globalia’s 4th Annual Meeting
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…
Trends and forecasts for the air cargo industry in 2023
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…
Autonomous trucking and the transformation of the road freight industry in 2023
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…
Collaborative innovation in ocean freight shipping: How the international ports are collaborating to counter supply chain challenges
In the last few years, the role of container ports has considerably evolved due to the increased competition in the container shipping industry. In the face of the global challenges that have surfaced since the pandemic along with the digitization trend in the industry, port authorities around the world are opting for a collaborative approach….
Most common international shipping mistakes and how to avoid them
Independent freight forwarders who are looking forward to building their company’s reputation need to find the most effective way to ship their cargo without making the slightest error. However, when it comes to international freight shipping, it can be all too easy to slip up. Even a seemingly small error could result in expensive delays…
The need for document digitization in the transportation and logistics industry
When it comes to paperwork, the transportation and logistics industry is somewhat outdated compared to the other sectors. Paperwork is an essential aspect of the logistics sector that revolves around several repetitive tasks like mailing invoices, data input, signing bills, etc. Therefore, in the absence of document digitization, a great majority of these processes are…
How to prevent supply chain delays during the Chinese New Year 2023
The Chinese New Year in 2023 will arrive 10 days earlier than it did last year. The Chinese New Year is not only celebrated in China but in countries such as Singapore, Indonesia, Malaysia, Myanmar, Thailand, Cambodia, the Philippines and elsewhere. This time of the year is a very challenging time for shipping companies because…
How a quick quoting process can help logistics companies to get new business
For traditional logistics companies, sending quick door-to-door quotations for a business is not at all an easy task. Nevertheless, the inability to provide fast responses to quote requests from customers is a serious barrier for freight forwarders to obtain new projects. However, the digitization of the transportation and logistics sector is reversing this scenario…