Shipping and Logistics Blog in Nigeria
“Hinged on an estimated market size of $ 3 trillion, the African Continental Free Trade Agreement is about the largest free trade agreement in history.” (World Economic Forum) After more than a year...
What is LCL Consolidation? LCL consolidation, also known as less-than-container load consolidation, is a shipping method used in international logistics to transport smaller quantities of goods that do not require a full shipping container....
With the diffusion of user-friendly technologies and increasing penetration of the Internet globally, e-commerce is witnessing exponential growth: the global online retail market now topping 1 trillion US dollars a year, and is set...
“More and more companies are reaching out to their suppliers and contractors to work jointly on issues of ethics and compliance.” (Simon Mainwaring) Non-Compliance In Freight Forwarding Non-compliance in freight forwarding refers to situations...
There have been well over 300 known cases of sealed Merger & Acquisition deals in shipping and Logistics alone across the globe in the last two years (Statista, 2019). In view of the...
A logistics contract is a valid document, signed between shippers (importers/exporters) and carriers (ship, truck and aircraft owners) or Shippers and Forwarders (Licensed/Customs Agents) for the carriage or transportation of goods to or...
What is E-Tracking System? E-tracking system in logistics refers to the use of technology to track and monitor the movement of goods throughout the supply chain. This system allows logistics companies to keep...
“Customer-centric companies are 60% more profitable than companies that are not” (Deloitte Touché). The statement above shows that it is even more profitable to be customer-centric than to be profit oriented. The question...
What is Air Charter Service? An air charter service refers to the rental of an entire aircraft by an individual or organization for a specific trip or period of time. Rather than purchasing a...
What is Logistics Contract? It is a set of legally enforceable and mutually binding agreements between two or more parties within a clearly defined scope of services to be rendered on behalf of the...
