Freight forwarding professionals are facing a storm of uncertainty with regard to sea freight logistics—escalating tariff wars, volatile freight rates, and an impending oversupply of containers that could send prices tumbling. The result? A challenging environment where making clear, strategic decisions feels like trying to hit a moving target. The biggest question on everyone’s mind:…
Reefer containers or refrigerated containers are gigantic refrigerators that freight forwarders use to ship temperature-sensitive cargo such as fruit, meat, vegetables, dairy, flower, pharmaceuticals, etc across the oceans. Sea freight forwarders that specialize in perishable cargo typically use these containers that can maintain a temperature range of -30°C and +30°C. Moreover, with the increase in…
The ocean freight sector is responsible for around 90% of the net global trade according to the International Maritime organization. The container shipping industry consists of several sea routes some of which are more important because of their location and commercial requirements commanding the inflow of container ships. The carriers rely on shipping routes that…
On the 5th of June 2022, a fire broke out at the container terminal close to Chittagong port causing unprecedented loss of lives and property. According to senior port officials, there has been almost 50 fatalities and numerous injuries. While the loss of lives and properties is the biggest tragedy in the shipping industry this…
With container shipping being responsible for moving around 90% of international commodities, the ocean freight industry plays a major role in sustaining the modern economy. However, ever since the pandemic we can see a sharp rise in sea freight rates due to several factors like container shortage, equipment shortage, labour shortage, port congestion, etc. In…
While determining shipping options independent freight forwarders need to make the important decision of whether to ship less than container load (LCL) or full container load (FCL). Several factors come to play while determining the ideal mode of shipment. Both LCL and FCL shipments come with a set of unique advantages and disadvantages. This is…