Acceleration in modernisation for transport and logistics
It's been a year unlike any other for transport and logistics organizations. The war in Ukraine, disrupted trade routes, climate change impacts on navigation and inland transport, rising energy prices, and the possibility of new pandemic lockdowns have created a very complex and uncertain environment in which to operate. As consumers, we feel the impact of these disruptions when our favorite produ
What is 4PL? And why might it save logistics?
If you are shipping goods in 2022, then you'll probably need to know 4PL. It may just be the Uber of the modern logistics industry.
Disruptions in energy markets linked to a global growth recession have had a huge impact on the shipping industry. The container trade, which mostly caters to consumer demand as well as transporting machinery, is instituting what is known as “tactical cancelled sailings” in response to low demand. At the same time, the tanker trade is enjoying abnormally high contract rates.