Blockchain technology has been revolutionizing various industries, and the logistics sector is no exception. The distributed ledger technology (DLT), which serves as the foundation for blockchain, is transforming the logistics industry by enhancing transparency, efficiency, and security in supply chain management. By integrating blockchain, the multifaceted roles of intermediaries and manual paperwork become obsolete in the freight forwarding continuum. Smart contracts, which are self-executing agreements governed by predefined conditions, streamline tasks like customs clearance, payments ..read more

Who has benefited most Globalization? Developed industrialized countries continue to benefit most from globalization because increasing globalization generates the largest GDP per capita gains for them in absolute terms. Did we really win? The study shows that the richest one per cent of the population are the big winners in the changing global economy, increasing their share of income between 1990 and 2015, while at the other end of the scale, the bottom 40 per cent earned less than a quarter of income. Globalization involves the increased integration and interdependence of the global ec ..read more

Supply Chain Disruptions cause Inflation. Contrary to what some news media report, shortages and disruptions mean fewer items available for purchase , consumers are willing to pay more to obtain the item—as outlined in the economic principle of supply and demand. The result is higher prices due to demand-pull inflation. Inflation reflects the wide range rise of prices or the fall in the value of money. It generally results from too much demand chasing too few goods or limited services, leading to price increases. Inflated prices don’t necessarily hurt the economy as a whole, and only tho ..read more

Shipping to Kuwait is made easy. We offer Ocean freight services to Kuwait  and air freight services to Kuwait in a timely manner at good rates. We speak the language and have agents that can make any shipment. Kuwait, a country in  Asia, with a population of around 4. million. Kuwait City is the capital of Kuwait which is also the political, cultural, and economic center of Kuwait. A sizeable percentage of the country’s imports come from the United States. Kuwait Has The World’s Sixth Largest Oil Reserve Kuwait holds 8% of the world’s oil reserves. It has the world’s sixth-largest o ..read more

What is 5PL? What is the difference between 3PL, 4PL and 5PL. You might be unclear on what each level of logistics services entails. The role of outsourced logistics in the supply chain hasn’t been fully explained. It is still unclear what level of services the 3 different PL’s offer. Supply chain and the logistics industry are getting complicated. Increasing customer expectations, growth in e-commerce, and new business models lead to more pressure applied to the supply chain channels. Businesses have to do a lot to manage their logistics. There is hardly any room for error. What is A 3PL? A 3 ..read more

The transportation industry is vitally important to the global and American economy. The transportation services have been greatly affected by COVID 19. It does not matter if you are looking at Ocean Freight Services, Air freight, Inland transportation or Even Package delivery. Every part of the transportation sector has been affected. Let us start by looking at Ocean Freight Services . At the time of writing this article, ocean freight rates from China to the East Coast ports in the USA are at an all time high of around $20,000 for a 40′ Container. You would be lucky to find space. Then come ..read more

Who has benefited most Globalization? Developed industrialized countries continue to benefit most from globalization because increasing globalization generates the largest GDP per capita gains for them in absolute terms. Did we really win? The study shows that the richest one per cent of the population are the big winners in the changing global economy, increasing their share of income between 1990 and 2015, while at the other end of the scale, the bottom 40 per cent earned less than a quarter of income. Globalization involves the increased integration and interdependence of the global ec ..read more

Supply chains have been disrupted by the Novel Corona Virus due to flaws in the design, lack of planning and inflexibility. This disruption could have been avoided or at least mitigated if supply chain managers were more proactive and had a vision of the future rather than focusing on the bottom line regardless of the practices. By definition, supply chain involves the management of the three most important resources of an organization: Inventory, Money and information. When key information pertaining to the Corona Virus were not conveyed to parts of the supply chains, there was no viable reac ..read more

Supply Chain Disruptions cause Inflation. Contrary to what some news media report, shortages and disruptions mean fewer items available for purchase , consumers are willing to pay more to obtain the item—as outlined in the economic principle of supply and demand. The result is higher prices due to demand-pull inflation. Inflation reflects the wide range rise of prices or the fall in the value of money. It generally results from too much demand chasing too few goods or limited services, leading to price increases. Inflated prices don’t necessarily hurt the economy as a whole, and only tho ..read more

Carbon free shipping is aiming at reducing the carbon footprint created by large container ships. 85% of all cargo around the world is shipped using mega ships. Shipping Companies  are under a lot of pressure to meet the requirements of the International Maritime Organization. The Shipping industry is going through a transformation that has not been seen in 100 years by switching from Heavy Fuel powered ships to Liquefied Natural Gas (LNG).  Some of the largest container shipping operators have already placed orders for ships powered by LNG. Impact of Carbon Free shipping on the Envi ..read more