Cross-border e-commerce has exploded in recent years, as consumers around the world increasingly turn to online shopping to purchase goods from retailers located in other countries. This growth has created a significant opportunity for freight forwarders, who play a crucial role in managing the logistics of international shipments and ensuring that products reach their destination […]
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Origins of The Celebration and Its Implication for The Global Economy The Chinese New Year, also known as the Spring Festival, is a major holiday that has been celebrated for thousands of years in China and other parts of Asia. The origins of the holiday can be traced back to ancient China when the Chinese […]
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A look at the past Spot rates unpredictability made carriers took advantage of market conditions and supply shortages for the past two years. They were able to push for higher long-term contract rates and established terms and conditions that better fit their business. For example, Maersk incremented its multi-year contract share to nearly 70% of […]
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It is not an easy task to find the best freight quote in the market. Let’s talk about spot rates and how the opportunities that come with them can change your commercial process for good. What are spot rates? Spot rates are used to set pricing for shipping freight. Typically valid for one shipment only […]
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Freight forwarders manage a lot of information day by day, and they share it with many parties who are usually located across the globe. Thanks to digitalization, now they can do it using digital tools like cloud computing services and high-speed data sharing. But, why should they invest in these new technologies? Digital tools like […]
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Freight forwarders, ports and terminals, shipping lines and other companies involved in the global trade logistics are showing more and more interest about blockchain technology, its implementation, and its benefits. Do you want to know why? With the growth of new technologies, almost every industry has been affected, positively speaking, by them. As it […]
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