Month in Review – November 2023
Monthly Review December 07, 2023
Maritime November 3: Maersk Cutting 10,000 Jobs in Face of ‘Worsening Market Conditions’ – American Shipper Maersk revealed on November 3 that it is “intensifying” job cuts in light of the “worsening market conditions” in ocean shipping. “Given the challenging times ahead, we accelerated several cost and cash containment measures,” said Vincent Clerc, CEO of […]
FORCE MAJEURE
Forwarder Online November 24, 2023
Force majeure, a term originating in French, means “greater force”. Related to the act of God term, it implies an unforeseeable, external force beyond one’s control, like a hurricane or earthquake. Adopted into the legal terminology, the force majeure clause in contracts enables parties to suspend or vary the terms of performance, and removes their […]
Navigating the Soft Skills Abyss: Critical Thinking’s Role in the Modern Workplace
Forwarder Online November 14, 2023
In an era dominated by rapid technological advancements and automation, the value of soft skills and critical thinking in the workplace has never been more pronounced. Yet, a concerning trend persists – a deficiency in these essential attributes among employees. As global logistics organizations continue to emphasize knowledge in the complexities of importing and exporting, […]
Forced Labor in the Logistics Industry: Unmasking the Shadows
Forwarder Online November 08, 2023
In the interconnected web of global supply chains, the issue of forced labor casts a long, dark shadow. The logistics industry, tasked with the movement and distribution of goods across borders, is not exempt from this pervasive problem. This blog aims to shine a light on the presence of forced labor within the logistics sector […]
Sustainable Solutions: Transforming the Logistics Landscape
Forwarder Online November 08, 2023
In an era where sustainability is paramount, the logistics industry plays a crucial role in shaping a greener, more efficient future. As the demand for eco-conscious practices continues to rise, logistics companies are seizing the opportunity to reduce their environmental footprint. In this blog, we’ll explore innovative strategies and practical steps that the logistics industry […]
Month in Review – October 2023
Forwarder Online November 06, 2023
Maritime October 2: Container Pileup in Russia – WorldCargo News As Russia grapples with the western sanctions one year after the invasion in Ukraine, China supports by bolstering bilateral trade between the two nations. Container xChange, the online container logistics platform, has offered its assessment of how the trade impacts the global container logistics industry, […]