The freight forwarding industry in China is registering steady growth and is projected to register a CAGR of 5.32%. Moreover, the Chinese authorities have implemented a 5-year plan for the further development of independent freight forwarders with a sharp focus on promoting the digital transformation of the transportation and logistics industry. The country which has…
The use of LNG as a fuel of transition in the ocean freight shipping industry
LNG or Liquefied Natural Gas could be the fuel for the energy transition in the ocean freight shipping industry. The maritime sector which moves around 90% of the goods across the world is still heavily reliant on fossil fuels. Therefore, making this sector environmentally sustainable is one of the major priorities of governments as well…
Demurrage and detention charges in container shipping industry
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…
Digitalizing the operations in the container shipping industry
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…
An independent freight forwarders guide to shipping pharmaceuticals
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…
Leading logistics industry events you can attend in the coming months
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…
Globalia exceeds the 200 mark: Factors that prompt freight forwarders to join Globalia Logistics Network
Globalia Logistics Network, an exclusive network of handpicked independent freight forwarders, has set a new record by reaching 209 members representing 133 countries. For the first time since the company started its journey in 2017, Globalia Logistics Network is counting on the strength of over 200 agents from across 133 countries around the globe. This…
Global drone logistics market in 2023
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 rising number of new container ships in 2023 and its impact
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…
Tips for logistics companies to build a strong customer referral programme
customers who One of the ground rules for getting new customers is to use your service to create clients who refer your business to their peers. Logistics companies who want to make it big need to work on creating satisfied would rate their services as ‘excellent’ and recommend your company to others. In other words,…