The sector is witnessing heightened digitalization and increased partnerships with tech firms to improve efficiency. Moreover, due to globalization and trade liberalization, cross-border trade is increasing, which raises demand for brokerage and agency services. Conversely, environmental concerns are resulting in greater regulations, pushing entities to invest in greener transport solutions.
Discover more insightsDigitization in the logistics sector is enhancing efficiency, transparency, and traceability of deliveries. Technological advancements, such as artificial intelligence, blockchain, and machine learning are playing pivotal roles in this process. Additionally, e-commerce growth necessitates more robust and streamlined logistics operations, ultimately resulting in an uptick in adoption of digital processes...
Discover more insightsThe global logistics industry, with freight forwarding at its core, hinges on the efficient use of diverse modes of transportation. Ship, truck, rail, or air - each holds its strategic importance formed by variables like cost, speed, and volume. Maritime transportation, notably, accounts for the lion's share due to its...
Discover more insightsThe customs brokerage market, which encompasses firms providing assistance in clearing goods through customs on behalf of shippers, has seen a steady rise. This is largely due to increased cross-border trade, necessitating businesses to navigate the complexities of diverse customs regulations and procedures. Additionally, the growth in e-commerce has directly...
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