Overview of Current Trends and Their Impact The freight forwarding industry is experiencing significant changes, particularly with the adoption of weekly contract changes by carriers. The need for greater flexibility and responsiveness to market fluctuations drives this shift. As freight rates and capacity continue to be volatile, although shippers want more reliability on freight rates […]
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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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In a transformative move reshaping the maritime logistics landscape, the newly formed Gemini Cooperation, a strategic alliance between Maersk and Hapag-Lloyd, starting in February of 2025, signifies the dawn of a new era in maritime alliances.
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Learn about how nearshoring is about to change the freight forwarder business model in the short and long term.
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Cargofive Raises €1.8M in Funding Round to Accelerate the Digital Transformation of Freight Forwarders
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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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How The Perfect Relationship Can Revolutionize The Logistics Industry Download the PDF Here Cotransa is a company founded in 1972 with more than 200 employees, which offers services in Europe and Latin America. It is positioned as one of the most important logistics companies in Spain and is expanding to the American continent. It offers […]
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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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