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Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Maritime Industry. Trade is the reason all above businesses from 1-5 exist. An estimated 89.5%

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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

The ocean freight contract season is a critical time for businesses involved in global shipping and trade to negotiate advantageous terms and rates for delivering products across international borders. Let’s examine the details of the ocean freight contract season and how companies can successfully manage it.

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

Let’s start with some definitions of what a freight forwarder is. A freight forwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads.

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2023 Expectations for Ocean Shipping and the Broader Shipping Industry

MTS Logistics

The definition of normalization is difficult to come by. A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. Lower freight rates. For ocean freight rates, it is just the perfect storm to have downward pressure.

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Supply Chain Industry Fears for 2023

Logistics Business Magazine

Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. Freight forwarders will employ a ‘wait and see’ approach before making any long-term air cargo capacity commitments particularly.” the report claims.

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How COVID-19 Impacted the Top Ocean Freight Ports in the Americas

Now, That's Logistics

In 2020, the top ocean freight ports in the Americas were all located in the U.S., According to Supply Chain Management Review , all five of these ports saw capacity increases in 2020, a year when COVID-19 negatively impacted supply chains, world economies, entire industries, and individual shippers. where Los Angeles, Ca.,

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Is The Freight Industry Ready For SOLAS?

Freightos

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. Reliable data flows may not be in place.