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Global shipping trends: What to expect in 2020
Today’s ocean carriers are quick to withdraw capacity when demand changes. By adjusting the amount of equipment available, ocean carriers are better able to ensure demand remains tight enough to…
How to avoid Demurrage & Detention with Container xChange
Demurrage and Detention quickly become a shipper’s nightmare and can result in thousands of dollars in per diem charges. Costs that arise because of bad planning, unforeseen circumstances and bad…
A look at what is in store for 2020
... I didn’t have a clue. I think back to stories I was writing less than a decade ago, and none of them predicted the rise in robotics or the emergence of things like artificial intelligence or the…
2020 will see retailers spending profits to optimize delivery and logistics
Total e-commerce revenue in 2020 will reach US$3.52 trillion, an explosion that will force retailers to find faster and more convenient modes to reach the final mile and yard, states global tech…
Dimerco and Elanders enter joint venture for air and sea freight forwarding business
ITG Air & Sea GmbH is a spin-off of ITG GmbH Internationale Spedition + Logistik (ITG), which was launched November 1st 2019, enabling ITG and its parent company Logistics Group International…
The Logistics News That Shaped 2019
Every year at this time, group news editor Jeff Berman combs through the mountain of news that was reported, written and posted by the Logistics Management editorial staff over the course of the year…
Maersk integrates Damco supply chain and ocean businesses
Danish shipping giant AP Moller-Maersk will bring together its Damco Supply Chain Services and Maersk Line’s Ocean Product from January 1 next year.
The two entities will be integrated and their…
Common factoring mistakes trucking companies make
Factoring can be a great way for small businesses, especially trucking companies, to manage their cash flow effectively and not devote valuable time that can be better spent hauling the next load…
Freightos raises $44m to fund expansion
Online freight rate portal Freightos has raised $44m to fund expansion of its business with new operations and new capabilities.
The Series C funding round was led by the Singapore Exchange (SGX)…
Paperless System Extremely Beneficial —Freight Forwarders
Ghana Institute of Freight Forwarders has lauded government’s decision to rollout the paperless clearing system.
The move to introduce the system at the ports followed a directive from the vice…