In 2021 we have seen a drop in the use of TEUs or 20-foot equivalent units. The Chinese manufacturers have been strongly favoring the use of FEUs or 40-foot shipping containers which in turn has threatened the future of the 20-foot containers. Although they have traditionally been a standard in the industry, the TEUs are…
Yara and tech company Kongsberg have created the ship YARA Birkeland which is all set to become the world’s first crewless cargo ship with zero carbon footprint. Finally, the container shipping industry has taken the next giant leap- viz the introduction of autonomous cargo ships. Although the concept of a self-steering cargo ship might sound…
In our last blog, we have discussed several reasons that are leading to delays in the container shipping industry. The container shipping industry is preparing for renewed chaos, disruption, congestion, and backlogs as Shanghai restarts its manufacturing and supply chain operations after two months of strict lockdown. A recent survey by Container xChange suggests that…
The cost of shipping for transportation and logistics companies isn’t going to come down in 2022 as the challenges to deliver shipments are still persisting amid the pandemic. Regardless of the mode of transportation, the rates are going to rise. Moreover, the labour shortages around the world are further complicating the situation which is why…
The ever-increasing container shipping rates have finally dropped at least for the moment. Although the overall ocean freight rates are still extremely higher than usual, we can see a drop in freight rates between China to the USA. This is indeed very good news for the shipping industry that has been reeling under the effect…
The carbon footprint of the ocean freight industry is nothing short of massive and this fact is well acknowledged by the shipowners. Diesel-powered freighter ships are responsible for moving around 90% of the global cargo. This surely explains how the international economy is reliant on the use of carbon-emitting vessels. Moreover, most container ships use…
LCL or less than container load is a mode of ocean freight shipping for shipments that are not large enough to fill 20 or 40 feet shipping containers. Independent freight forwarders need to consider several options that help to cut costs while delivering the cargo on time. For this reason, whenever the shipment is below…
The alarming rate in which the pandemic has spread has had a major impact on the ocean freight shipping industry which was already reeling under the effects of the trade war. The pandemic has dealt a severe blow to this industry which is presently coping with the impact of the pandemic. Keep reading to find…