We have reached a time when the freight forwarding industry has become dependent on digital technologies like never before. Logistics service providers around the world are already leveraging digital transformation to streamline their processes, integrate new initiatives, satisfy customer expectations, save time and money, and adapt to the changes in market demands and business scenarios….
Digitization in the logistics industry has accelerated the work processes and ushered in dynamic changes in client expectations and market structure. It has made data much more accessible and the increasing use of technologies like IoT or Blockchain have interconnected all the various logistical processes. This is allowing logistics managers to control the entire supply…
xChange’s Container Availability Index (CAx) looks into the entering and leaving of containers from ports on a weekly basis, covering over 10 million containers and following their journey. A CAx value of 0.5 indicates a balance, meaning that the same number of containers are leaving and entering a port in a certain week. On the…
Although road transport continues to be one of the most popular modes of domestic freight movement, more and more independent freight forwarders of our times are choosing rail transport for shipments that are not time-sensitive. The cost-effectiveness and reliability of railways are two major reasons for the popularity of rail transport but these days many…
The origin of AfCFTA The African Free Trade Area Agreement (AfCFTA) was envisioned more than 40 years back with the adoption of the Monrovia Strategy (1979), the Lagos Plan of Action (1980) and the Abuja Treaty (1991). From the beginning, the AfCFTA aimed to create numerous opportunities in trade and investment ensuing in more and…
As 2020 is coming to an end we are desperately hoping for the arrival of the vaccines in our respective cities in order to eradicate the virus and get back to our normal lives. Despite all the hurdles posed by the pandemic, the Conqueror team has managed to provide indispensable services to improve the bottom…
The COVID-19 pandemic has severely impacted the economy and the investments worldwide and the transportation and logistics industry has also been hit by the consequences of the Coronavirus. During the last months, there have been shortage of production and lack of manpower, purchases and acquisitions have been substancially reduced, although there has been a high…
More and more independent freight forwarders are now trying to become IATA Cargo Agents so as to get this international accreditation which leads to enhanced prestige for the company and greater recognition in the industry. Keep reading this post to find out all you need to know about the benefits of becoming an IATA Cargo…
Moving oversized shipments is a difficult process which necessitates extensive planning and preparation and our members are playing an important role in fulfilling this major niche in the freight forwarding market. In this week’s post we are going to discuss a few important tips independent freight forwarders need to bear in mind to optimize their…
The grounding of numerous passenger flights all over the world in an attempt to contain the spread of the COVID-19 has led to the skyrocketing of airfreight rates and supply chain professionals are trying their best to book the limited space on cargo flights. In today’s post, we are going to take a quick look…