Table of Contents FCL vs. LCL: Which Shipping Method Is Right for Your Business? What is the difference between FCL and LCL When in the logistics business, shipping goods internationally can often be a complex task, and choosing the right shipping method is very crucial for overall success in such businesses. Full Container Load (FCL) …
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Table of Contents Definition of digitalisation in freight booking & management In today’s global economy, logistics and supply chain management are more important than ever. With businesses increasingly reliant on complex, cross-border supply chains, managing freight and logistics operations has become a critical factor in determining overall business success. Here comes the digitalisation in freight …
We are back to that time of the year when festivities rule the roost. So, how are consumers globally opening up to festive buying amidst the waning worry of the pandemic and increasing inflation? Let’s peek into some industry surveys. Deloitte’s annual holiday retail forecast pegs 2022 holiday retail sales to rise to between 4-6%. …
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Introduction The Indian Rupee depreciation has been the worst in the past 4 years, with over 6% depreciation against the U.S. Dollar since January 2022. Usually, depreciation signals a smile for exporters, remittance receivers and those earning in dollars, and a frown for importers. However, the current situation is not benefiting the exporters particularly. What …
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The logistics industry is fast-paced and for organizations to stay in the competition and be successful, they need to stay abreast of all the new trends that are changing the way business is done. The past two years have been tough for the logistics industry with the supply chain crisis and ever-increasing freight costs, which …
Your business’ sustainability and profitability depend on circular supply chain. Know how. A shift in the supply chain is underway In the present times, sustainability in business ranks highly on the list of stakeholders’ concerns. Not to forget, governments globally are stringently driving forward the mandate of running sustainable business practices to meet the metrics for climate …
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This blog enlists three reasons why waterways could be the future of freight movement in India. Indian freight logistics sector — A quick look India has been the world’s fastest-growing major economy in the past five years owing to the increasing demand for goods and services. The freight movement both, domestically and beyond the borders has created economic opportunities …
A quick read on the ramifications of the conflict on all the four modes of transport Out of the pandemic; Into the war Just when we got some respite from the threatening pandemic, there came the news of the Russian invasion. Soon, the threat of this invasion became so huge that its ramifications were begun to be …
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The Indian scenario Customs Clearance is a complex and time-consuming process for every export business. In India, every consignment is manually examined to impose different kinds of export duties. Additionally, the documentation process and the export customs clearance also get complicated owing to: The high import tariffs Multiplicity of exemptions Export promotions. However, post-pandemic, India is …
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India’s wheat ban is causing a dilemma. It aims to meet domestic demands but could hurt Indian trade. Read on. India’s wheat export ban — The story so far India is the world’s second-largest wheat producer. However, it contributes to less than 1% of the international wheat trade. The government retains a major share of the …
India’s wheat ban export — What does this decision imply for India’s trading sector? Read More »