Global trade relies heavily on a smooth-running supply chain. Every step needs to happen on time for things to work. Unfortunately, recent geopolitical events are causing problems for this complex system, leading to delays, higher costs, and unhappy customers. Let’s look into how these events are impacting the movement of goods around the world, the…
Introduction to Ocean Freight Rates Ocean freight, simply put, is the method of shipping goods across the seas using shipping containers. Rather than shipping a giant package by air or by road, you send it by massive boat. Believe it or not, a whopping 90% of goods worldwide travel this way! That’s because while ocean…
Yemen, a nation smoldering in the fire of several conflicts, is a testament to the fact that we crave control and power over existence as humans. Somehow, existence is minuscule in the absence of power and it stands true for embattled Yemen. Stretching over 527,970 sq. km, Yemen’s expansive coastline of 2000 km and around…
Have you ever thought about what happens after you hit “buy now” online? Here’s the kicker: your slick new sofa or those fresh sneakers you’ve got your eye on aren’t just taking a stroll to your place. Picture this: your must-have items sailing across oceans, on a mission facilitated by these oversized metal boxes. It’s…
The world of global trade relies heavily on the efficient movement of goods through shipping lines and ports. However, the complex nature of international logistics often gives rise to challenges that impact the supply chain. One of the most significant challenges is the issue of detention and demurrage. As we delve into the insights of…
In today’s interconnected global economy, establishing a resilient and diversified supply chain network has become imperative for businesses to navigate uncertainties and disruptions successfully. The COVID-19 pandemic has vividly illustrated the vulnerabilities and risks inherent in traditional supply chain models, necessitating a strategic shift toward resilience. A recent survey conducted by Gartner revealed that only…
In the intricate landscape of global logistics, having a firm grasp on your shipments’ whereabouts is a non-negotiable necessity. Whether you’re dispatching or receiving, real-time updates on your containers’ location are vital to orchestrating a flawless delivery process. To this end, China Ocean Shipping Company (COSCO) offers a state-of-the-art tracking system, ensuring you’re always in…
Germany isn’t just a powerhouse of industry, it’s a shipping giant! Think towering cranes and bustling docks – that’s the scene at Germany’s top seaports, like Hamburg, Bremerhaven, and Wilhelmshaven. These European heavyweights handle a massive amount of cargo, from everyday goods to towering vehicles, acting as key hubs connecting Europe, Asia, and North America….
[Case study] How a 134-year-old global print company profitably revamped their tracking using real-time visibility Geography: Global Module: GoTrack Automated Shipment Tracking And the Kodak team says… “The GoComet solution is very user-friendly, easy to input shipment details, and visible to multiple operational areas in the company that are stakeholders in the supply chain.”
A lot of people can tell you how to keep your supply chain agile during the rest of the year, but what about Christmas? This time of year is often incredibly hectic for supply chains and shipping accordingly. The holiday season brings with it an increased number of shoppers, and retailers are constantly trying to…
As a majority of the world’s goods continue to move by sea even today, the role played by shipping lines in global trade cannot be overlooked. Shipping containers move 95% of the worldwide cargo. It is these companies that have kept the international supply chains running for the longest time and have stood the test of…
