international logistics

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From Red Sea Conflict to Lunar New Year: How Cargofive Optimizes Freight Forwarding Strategies

The Red Sea, a crucial maritime route, has been a focal point of geopolitical tensions, impacting global shipping and logistics operations. The conflict has led to increased security concerns, rerouting of cargo, and potential delays. However, in an unexpected twist, these disruptions have somewhat alleviated the usual congestion faced during the Lunar New Year period in key Asian ports. This situation, while easing certain pressures, has introduced new variables that freight forwarders must navigate.

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Leveraging Cross-Border E-commerce Growth: Opportunities for Freight Forwarders

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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The Chinese New Year and The Logistics Challenge It Brings

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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Spot Rates & Forecast 2023: Natural Selection in The Logistics Industry

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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Why should logistics operators invest in digital tools?

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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