The Battle Is On: Maersk To Cut Out Freight Forwarders
In an effort to attract larger shippers, Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders.
In an effort to attract larger shippers, Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders.
A shipping industry trade group representing over 80% of the world’s merchant fleet has proposed a bold new plan to help the industry achieve net zero CO2 emissions by 2050, doubling the ambition of the International Maritime Organization’s target. he International Chamber of Shipping (ICS) submitted plans to the industry’s Read more…
The automotive industry is undergoing the most profound change in its history. Decarbonization, electrification, digital connectivity and a shift to sustainable fuels to power transit are changing the meaning of mobility. After a century of gas-powered vehicles, the entire industry is primed for reinvention, as it seeks to reflect the new era.
Global supply chains are being disrupted, and major players are looking to shift production closer to home. Central and Eastern Europe (CEE) is well-placed to take advantage.
For European shippers and forwarders, freight rates continue to rise and are becoming too high. Shippers are now cancelling orders because the freight rates cancel out their margins, which will lead to business problems and significant changes in sourcing approaches. This can only damage shippers, carriers and the economy in general.
Managers need to be digitally literate and understand, more specifically, how digitalisation reshapes the Corporate Responsibility (CR) landscape.
Addressing supply-chain emissions enables many customer-facing companies to impact a volume of emissions several times higher than they could if they were to focus on decarbonizing their own direct operations and power consumption alone.
Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonisation.
While third-party logistics (3PLs) companies have offered Fulfillment–as–a–Service (FaaS) for years, automation technology vendors are now starting to provide FaaS solutions along with their more traditional technologies, products and services offerings, hence developing new revenue growth opportunities. As the COVID-19 pandemic continues to hit economies across the world, the focus Read more…
COVID-19 has been one of the biggest disruptions that the supply chains of consumer products companies and retailers (CPR companies) have ever faced. CPR companies must consider the fact that although the pandemic was, in theory, a one-off shock, this sort of volatility may reoccur. And while many of the changes we have Read more…