Container shipping plays a pivotal role in global trade, facilitating the movement of goods across vast distances. Central to this logistical web are the world’s major canals, serving as vital arteries connecting various regions and enabling efficient maritime transportation. Shipping canals, varying in length, width, and depth, crisscross the globe, enabling seamless navigation for a…
Globalia’s 5th Annual Meeting which saw the union of freight forwarders around the world at Bali, has concluded successfully. Now that the freight forwarders conference is behind us, it’s time to strategize an effective follow-up plan to kickstart work on upcoming projects. Engaging in one-on-one discussions with your business partners is paramount for expanding operations….
The eFTI (Electronic Freight Transport Information) Regulation, set forth by the European Union (EU), is poised to significantly impact the digitization of the freight forwarding industry. Before delving into its implications, let’s first explore the essence of eFTI and how it will help to unlock online freight forwarding for logistics companies in Europe. Essentially, eFTI…
Over recent decades, the Indian Government has embarked on numerous initiatives aimed at strengthening the nation’s freight and logistics market and fostering increased profitability for both multinational corporations and independent freight forwarders. Estimates indicate that around 14 percent of India’s GDP is allocated to the supply chain and logistics sector, a figure nearly twice the…
A corporate outing alongside industry peers presents a splendid opportunity to enjoy a delightful day while forging strong bonds and enduring friendships with partners. Despite the prevalence of Zoom calls and virtual meetings, the resurgence of business trips in recent years signals a return to face-to-face corporate activities following the pandemic-induced hiatus. Such excursions not…
The China-Europe Railway Express, also referred to as the China Railway Express (CRE), occupies a central position within President Xi Jinping’s Belt and Road Initiative, functioning as a cornerstone of international rail freight sector. In recent years, this transcontinental network has gained prominence as a critical channel for Chinese exports to Europe. Its importance has…
Establishing robust relationships forms the bedrock of success for independent freight forwarders. Networking emerges as a crucial component in seizing fresh business prospects and elevating brand visibility. Yet, active networking goes beyond mere engagement, as it can unlock numerous new projects with international network partners. However, fruitful business meetings encompass more than networking alone. The…
The ongoing Red Sea shipping crisis, sparked by Houthi rebel attacks on cargo ships and tankers, has led to a significant number of vessels bypassing the Suez Canal, a vital global waterway. Instead, these ships are compelled to take an extensive detour around southern Africa, adding approximately 4,000 miles to each journey. This considerable rerouting…
According to a Research and Markets report, the transportation and logistics sector in this country is projected to sustain a compound annual growth rate (CAGR) of over 6% from 2022 to 2027. China is emerging as a formidable force in global transportation and logistics, attributed to factors such as robust government regulations, excellent infrastructure encompassing…
Air freight stands out as the fastest, most reliable, and better-serviced mode of transportation when compared to other alternatives. Despite its relatively higher costs, air freight is the preferred choice for critical and high-value shipments, despite the challenges it presents. Some of the challenges air freight forwarders regularly face encompass cargo restrictions, limited processing time,…