If you’re employed in the transportation and logistics industry, you have most likely pondered the question- is joining a freight forwarding network truly worth it? Recognizing that this is a complex decision, we aim to outline the benefits of becoming a member of an exclusive logistics network and how it can assist independent freight forwarders…
Globalia Blog
Month: June 2023
Transportation and logistics industry outlook in China
The freight forwarding industry in China is registering steady growth and is projected to register a CAGR of 5.32%. Moreover, the Chinese authorities have implemented a 5-year plan for the further development of independent freight forwarders with a sharp focus on promoting the digital transformation of the transportation and logistics industry. The country which has…
The use of LNG as a fuel of transition in the ocean freight shipping industry
LNG or Liquefied Natural Gas could be the fuel for the energy transition in the ocean freight shipping industry. The maritime sector which moves around 90% of the goods across the world is still heavily reliant on fossil fuels. Therefore, making this sector environmentally sustainable is one of the major priorities of governments as well…
Demurrage and detention charges in container shipping industry
Demurrage and detention are some of the most common fees in ocean freight shipping that the carriers and terminals impose on importers, exporters, and freight forwarders when they keep containers beyond the allowed free time. These fees will keep accumulating until the cargo reaches the consignee’s destination. These days, demurrage and detention charges have become…