The United States shipping industry looks forward to a more favorable environment in 2023. After a tumultuous year in 2022, industry experts predict and are currently experiencing a more stable and prosperous year. Read more to learn why the shipping landscape is looking up in the United States. Supply Chain Bottlenecks Ease Up One
The Port of Lulea in Sweden is set to become the second-largest port in the country, thanks to new alternative funding. This was revealed by the Port of Lulea’s CEO, Niclas Martensson, in a recent interview. Let’s explore what this means for the logistics industry. Expansion of the Port The Port of Lulea, currently Sweden’s
According to a recent report from the Driver and Vehicle Standards Agency (DVSA), women aged 20 to 29 achieved the highest pass rates for HGV (Heavy Goods Vehicle) driving tests in the UK in 2020. This is a notable achievement, considering that the HGV industry has traditionally been male-dominated. Higher Test Scores The report shows
The US truckload market is facing a shift towards over-supply. This change is being driven by several factors, including increased investment in new trucking equipment and the number of drivers entering the market. Here’s a closer look at the situation. An Over-Supply of Trucks The increase of investments in new trucking equipment is particularly significant,
Winter weather can cause many problems for fleet vehicles. From reduced fuel efficiency to increased breakdowns, fleet managers must be prepared to face the challenges posed by cold weather and icy conditions. One of the best ways to do this is by investing in remote diagnostic tools – which can help to minimize downtime, increase
The Port of Liverpool has been ranked the top port in the United Kingdom for port-centric logistics potential. This ranking is based on several factors, including the port’s location, infrastructure, and services. Read on to learn why this port is so well known throughout the logistics sector. Location, Location, Location One of the key advantages
The shipping industry is facing a classic boom and bust cycle due to market volatility. The pandemic brought disruptions in global supply chains, leading to increased demand for container shipping. This increase sparked a surge in freight rates, which has led to a rush of new vessel orders. However, this sudden influx of new vessels
In the logistics industry, cargo losses can occur for various reasons, but fraud is one of the biggest threats. Fraudulent activities such as cargo theft, diversion, and false documentation can result in significant financial losses for shippers and logistics providers. Here’s why businesses in the logistics industry need to look out for fraud. Cargo
As a business within the logistics industry, it is important to stay up to date on the latest laws and regulations regarding the shipping of dangerous goods. This year, there are several logistical changes that you should be aware of to ensure compliance and avoid any potential issues. New Regulations One of the main
Freight shipping is a crucial component of global trade, as it allows for the movement of goods worldwide. However, the industry is not immune to disruptions, and one of the most significant sources of such disruptions is labor strikes. Recently, Europe has seen an increase in dock worker strikes, which have significantly impacted freight shipping