The freight and logistics industry is in a constant state of evolution, making it crucial to stay ahead of the curve. The use of technology in the freight and logistics sector is constantly evolving, and 2024 is already bringing in significant changes. Research and Markets reports that the logistics market, valued at $9,407.5 billion in…
Conqueror Blog
Tag: Logistics Industry
The causes of container rollovers in the ocean freight shipping industry and how to avoid it
Container rollover is one of the most pressing problems in the ocean freight shipping industry that often entails extra surcharges and delays for freight forwarding companies. In the event of a container rollover, the container is usually loaded on the next sailing vessel or on an alternative vessel which results in massive delays for all…
The latest technological innovations in warehousing
The digitization of the transportation and logistics sector has brought about sweeping changes in the supply chain industry worldwide. Moreover, technological innovations have impacted every sub-sector of the logistics industry and warehousing is one of the sectors that has undergone a thorough change in the last 10 years. Warehousing is one of the most crucial…
How freight forwarding companies should safeguard themselves against shipping and freight fraud
As the freight forwarding industry is gradually becoming one of the most lucrative sectors globally, the instances of fraudulent activities in the shipping and freight sector are steadily increasing. Since the pandemic, freight forwarding companies have been relying more on online interactions rather than face-to-face meetings which has made it difficult to ascertain the legitimacy…
Trends that will dominate the supply chain industry in 2023
In the last three years, the pandemic impacted the normalcy of global logistical operations as a result of which the supply chain industry had to contend with severe disruptions, container shortages, port congestion, hike in spot rates, and sudden changes in demand among other things. Right now we can confidently expect that the pandemic is…
The future of electronic documentation in the transportation and logistics industry
Transportation and logistics industry is a paper-heavy sector that entails a paper trail for all its operations, from management to inventory tracking to international shipping and warehousing. For decades, documentation of international trade has been reliant on physical documents that need to be submitted and exchanged by post or courier services. Therefore, lost or damaged…
How autonomous trucks will transform the landscape of the transportation and logistics industry
Automation is widely regarded as the next giant leap for the road freight industry. The topic of autonomous vehicles has gradually evolved from an Utopian dream to a reality in no time at all. Within the next ten years, we can expect fully autonomous trucks to ply the highways and deliver goods on their way….
The driver shortage in UK and its impact on the logistics industry
The acute driver shortage in the UK has taken a toll on the manufacturing, and retail industry. Brexit is somewhat responsible for the shortage of HGV drivers while the Covid-19 further delayed the influx of new drivers from other European countries. Moreover, the shortage of nearly 400,000 HGV drivers across Europe is putting tremendous pressure…
How digitization can promote sustainability in the freight forwarding industry
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…
Impact of e-commerce on the freight forwarding industry and the trends to watch out for
Even a few years back, people used to regularly visit the malls and groceries for their daily shopping needs. However, the shopping trends have changed drastically in very few years. Now, people get absolutely any and everything starting from clothes, to fresh flowers, to medicines delivered right to their doorstep with just a few taps…