logistics

In this article, we will understand the differences between spot and contract rates, the correlation between the two, the circumstances in which these rates prevail, and how both Carriers and Shippers attempt to balance cargo carried on spot and contract rates to their maximum advantage. 

Port congestion is overcrowding at a seaport that gives rise to all kinds of problems for stakeholders such as the shipper, carrier, consignee, as well as the port’s administration. The cause for overcrowding could be one or several.

GDP Multiplier Ratio expresses the relationship between the growth rate of a given country’s GDP and the rate of growth of its containerised trade. 

Do you know the difference between direct shipments and trans-shipments? Do you know about the top transhipment ports of the world and the upcoming ones? Read the article to know!

In the last part of the series on the advantages and disadvantages of mega vessels for various stakeholders, we will examine the impact on Exporters/ Shippers/ BCO (Beneficial Cargo Owners), i.e. the entity owning the cargo.

Supply chain resilience is characterised by the preparedness of an organisation to meet sudden and disruptive events that affect its business performance negatively.

The logistics of relief goods, rescue equipment, relief infrastructure, aid workers, and victims in a disaster are referred to as humanitarian logistics. Read this article to find out more!

The most obvious and visible trend that has been gaining ground since the third quarter of last year was the decline in ocean freight rates. This article will discuss major trends defining supply chains and shipping in 2023.