Even as the world of shipping and trade continues to battle with exceptionally high freight rates, cargo rollovers, container and space shortages, fraudulent freight forwarders and their scams seems to … Read more here..
Achieving and maintaining profitability has been one of the serious problems faced by many freight forwarders and more so, in these trying times.. A Freight Forwarder is a multi-function agent/operator who undertakes … Read more here..
Shipping damage is a massive threat to any products that travel on the supply chain. As per a Statista survey, eighty per cent of consumers say they’d return a product … Read more here..
The process of global trade is simple to look at, especially if you look at it from the outside.. There is a buyer who needs a product ; There is … Read more here..
If you are in the business of trade and shipping, you would have surely heard of/dealt with freight quotations along the way.. A freight quotation is a document that outlines … Read more here..
In any normal year, hundreds of thousands of containers filled with cargo are abandoned all over the world. While abandoned cargo could be quite stressful and considered to be a … Read more here..
Freight forwarders are an integral part of the supply chain and global maritime trade.. A freight forwarder serves as a conduit for global trade between importers, exporters, BCOs (Beneficial Cargo … Read more here..
Abandoned cargo could be quite stressful for shipping lines, shippers, port authorities and forwarders alike and is considered to be a big headache for everyone concerned.. When a cargo is abandoned … Read more here..
Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm.. Let’s take a quick look at what these terms mean and … Read more here..
Executive Insights is a series by Shipping and Freight Resource that provides ongoing insights and thoughtful analysis enriching the knowledge of the readers with what is happening in the shipping, … Read more here..
First question you need to ask yourself is WHY..?? It is important that you understand the purpose of wanting to become a freight forwarder.. What is the objective..?? Maybe its … Read more here..
China opened up for global trade around 1980 and became an economic superpower in the 2000’s achieving some dramatic growth in the last 30 odd years. China has grown into … Read more here..
Previously I wrote that apart from dealing with digital shipping lines, digital freight forwarders will also need to contend with traditional freight forwarders, not just from a service perspective but … Read more here..
Demurrage and Detention – two terms that may be at the top of the most controversial charges levied by shipping lines.. While shipping lines may consider demurrage and detention a … Read more here..
China, often termed as “the world’s factory” is unavoidable when it comes to global trade. As of 2017, China accounted for 15% of the world’s GDP. China’s GDP is 64% … Read more here..