With escalating tariff wars, freight rate instability, and an impending oversupply of containers that could push prices down, companies are finding it increasingly difficult to make clear decisions. The key challenge? Understanding how these disruptions (both individually and collectively) will impact freight rates, container availability, pricing, and ultimately, their profits. Container xChange, a digital partner…
Today, nearly every product we use has crossed oceans in a container ship, from the clothes we wear to the electronics in our homes. These ships are essential to global trade, transporting a wide array of goods, connecting nations, and driving the global economy. While they may appear as simple vessels, container ships are complex…
In the last few years, the role of container ports has considerably evolved due to the increased competition in the container shipping industry. In the face of the global challenges that have surfaced since the pandemic along with the digitization trend in the industry, port authorities around the world are opting for a collaborative approach….