NEWS

2021: a year of Covid variants and milking the freight rate cash cow
2021: a year of Covid variants and milking the freight rate cash cow

Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did manage some valuable face-to-face networking. So here’s hoping we can finally kick this nasty virus into touch in 2022!

Top 10: The busiest container ports in Asia
Top 10: The busiest container ports in Asia

The vast majority of the largest and busiest container ports in the world are located in Asia. The continent is a crucial part of the global supply chain, which has been proven during the Covid-19 period with local lockdowns in Asian ports affecting heavily the global trade.

What is a Logistics Cycle?
What is a Logistics Cycle?

What is a logistics cycle? We know that logistics is all about the efficient coordination of activities involved in the procurement and redistribution of goods and materials.

59% of all containers leave US ports empty
59% of all containers leave US ports empty

The Covid-19 has truly put the global supply chain in turbulence. After several months, when the global economy has reopened, the blue transport corridor is witnessing plenty of problems- bottlenecks, port congestion, hiked container prices, and shortage of container vessels, to name a few.

What are Dedicated Freight Corridors (DFC)?
What are Dedicated Freight Corridors (DFC)?

India has for long not performed to its potential in the global economy and international trade, with its share of international trade being grossly incommensurate with its population and abundance of natural resources.

Hapag-Lloyd’s AL3 service returns to Savannah
Hapag-Lloyd’s AL3 service returns to Savannah

The German shipping line Hapag-Lloyd has announced that its Atlantic Loop 3 (AL3) service will start calling again at the Port of Savannah, after a port call shift from Savannah to Jacksonville, announced on 8 October.

What is Freight Prepaid in Shipping?
What is Freight Prepaid in Shipping?

Freight prepaid is a general shipping term used when the seller or the shipper of goods pays the freight charges to the shipping line for transporting the goods to the buyer’s specified location.

What Does Freight All Kinds (FAK) in Shipping Means?
What Does Freight All Kinds (FAK) in Shipping Means?

Freight All Kind (FAK) is a classification used by consolidators, freight forwarders, logistics service providers, etc. to quote rates to their customers for Less-than Truck Load (LTL) shipments.


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