Macao, a Special Administrative Region of China, is known globally for its vibrant tourism and gaming industries. However, this small yet strategically positioned region has been carving out a new identity as a regional logistics hub in recent years. With its prime location along the Pearl River Delta, adjacent to the prosperous Guangdong Province and…
When it comes to paperwork, the transportation and logistics industry is somewhat outdated compared to the other sectors. Paperwork is an essential aspect of the logistics sector that revolves around several repetitive tasks like mailing invoices, data input, signing bills, etc. Therefore, in the absence of document digitization, a great majority of these processes are…
Logistics is a thriving sector both locally and globally as it is required to keep consumers supplied with their daily requirements of goods on a day to basis. And this is exactly what you need to cash in. If you are thinking about starting a transportation and logistics company, then, there are several things you…
The transportation and logistics industry has traditionally relied on trucks and trailers with internal combustion engines for domestic delivery purposes. Nevertheless, these vehicles are responsible for massive carbon emissions which have become a source of concern at a time when the industry is gradually shifting toward sustainable practices. According to a report titled The Future…
Even a few years back, the transportation and logistics industry used to be a completely male-dominated sector. The poor perception of career opportunities is a significant deterrent in this regard. In spite of representing around half of the global population, the role of women in this male-dominated sector used to be marginal for decades. Nevertheless,…
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 several constraints imposed by the global pandemic on the transportation and logistics sector have put independent freight forwarders to one of the major tests in their careers. The digital transformation happening at this very moment in the industry and logistics companies are in the race to adapt to the big changes and come up…
Digital twin has come up as the latest technological trend in the transportation and logistics industry. IBM defines the digital twin as a ‘virtual representation of an object or system that spans its lifecycle, is updated from real-time data, and uses simulation, machine learning, and reasoning to help decision making.’ Although this might sound like…
FIATA has partnered with PayCargo to launch a custom platform for facilitating the online transactions of FIATA members. This platform called FreightPay will not only speed up the online transaction process but also allow the FIATA members to avail of better security features and lower transaction rates. In today’s post, we will talk about how…
As an independent freight forwarder, you need to consider providing shipment tracking solutions for your clients. Shipment tracking is important for the success of your logistics business mainly because of its impact on customer service. In other words, your clients are always eager to learn about the status of their cargo and when to expect…