Long-term ocean freight rates have continued their downward trend in August, marking a year of steady decline for carriers, as reported by Xeneta. Carriers are grappling with challenges in the contract market, attributed to weak demand and an increasing ship capacity. The situation has resulted in significant and widespread reductions in long-term shipping rates. Xeneta […]
Tags: Freight price, ocean freight rates, Ocean freight shipping
Cross-trade shipping, also known as triangulation or drop-shipping, has become a popular supply chain option for businesses in recent years.
Tags: cross-trade shipping, pros-cons cross-trade shipping
Cross-trade shipping involves dealing with different legal and regulatory requirements across multiple jurisdictions, including customs regulations, import/export rules, and trade agreements.
Tags: cross trade, cross-trade shipping
Tags: cross trade, crosstrade shipping
LTL shipping, which stands for less-than-truckload shipping, refers to the practice of transporting loads of goods that do not fill a full truck.
Tags: Less than truck load, LTL Services
The international and domestic supply chain is experiencing issues that freight forwarders have not seen since the outbreak of the pandemic.
Tags: digital freight forwarder, freight forwarder
In international trade, 90% of cargo is transported by sea, with only 0.5% transported by air. However, according to the International Air Transport Association
Tags: Air freight
Over the years, online businesses have experienced tremendous growth, resulting in a massive increase in demand for logistics services.
Tags: Data Visibility, Freight data, freight data visibility
LCL, or less than container load, is a type of ocean freight shipping that is used for shipments that are too small to fill 20- or 40-foot shipping containers. Independent freight
Tags: Logistics meets gaming
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