International Logistics is usually misinterpreted as only transportation of goods, which is not the case. Transportation is just a tiny part of the International logistics support, which is a wide industry that includes the integration of information, transportation, inventory, warehousing, material handling, packaging, and clearing. International Logistics solution covers the management of the flow of goods, information, and resources from the point of origin to the point of final consumption by the customer.It is an integral part of the supply chain that makes the goods available at the right place and at the right time, to the right consumer. International Logistics system is also becoming a strategic source to increase global production sharing, shortening of product life cycles, and intensification of global competition The quality of international logistics channels has a great influence on companies' decisions such as, which country to locate in, which suppliers to buy from or which consumer commodity to deal in. High international logistics and trade costs coupled with low levels of service are barriers to trade and foreign direct investment (FDI), Thus to economic growth. International logistics cost in India has also proven to be the crucial cause of the increase in the price of the product. Hence ensuring low International logistics transportation cost is imperative to make the product much more competitive in the international logistics market. An industry where the product is perishable, improved logistics is an integral part of the system.
Global shipping industry.
Shipping is the life-force of the global economy. Without shipping, worldwide, the bulk trading of raw materials, and the import/export of food and manufactured goods would simply be impossible.
Marine trade continues to grow, bringing advancements (IN?) for clients across the world through combative freight costs (meaning of sentence?). With The growing efficiency of shipping as a mode of transport and increased economic liberalization, the prospects for the industry's further growth continues to be strong.
Over 50,000 merchant ships are trading overseas (ships never trade), transferring every kind of cargo. The world fleet is registered in over a hundred and fifty nations and manned by over a million seafarers from varied nationalities.
Marine ships are advanced, high-cost assets, can cost over the US $200 million to build, and the operation of ships creates an estimated annual income of over half a trillion US Dollars.
Indian Shipping ports
The Indian cape is one of the biggest in the world, and this elongated coastline is responsible for a huge portion of India's export and import. There are currently 13 major ports, out of which 12 are under the government of India while an individual establishment runs the Ennore port in Chennai. These ports are critical to sustaining and improving India's growing economy. These ports in India are indispensable for handling a majority of India's import and export but apart from the trade point, they also serve as tourist attractions. Below Listed are the top 5 seaports of India
Freight forwarders are individual organizations that systemize shipments on behalf of the manufacturers, for their goods. Forwarding agents, as the name suggests, conduct all the shipping activities and undertake the responsibility to deliver the shipments right to buyers' warehouses. Hiring a forwarder helps to keep the focus just on the manufacturing process and all the cargo troubles are handled by the agents.
There are few successful organization dominating the freight forwarding globally, some are listed below for your understanding :
Types of export containers
There are varied types of export containers, depending on the goods. International and domestic shipments also differ. Some types of containers are Standard Dry Containers, Open Top Containers, High cube Containers, Refrigerated Containers (Reefer Containers), GOH Containers (Garments on hanger containers), Open Side Containers, Tank Containers, Half-height Containers, Ventilated Containers, Car Carrier Containers, Hardtop Containers, Insulated Containers, Tunnel Containers, Platform Containers, Flat rack Containers, etc. These containers are used to transport different types of goods as per the requirement, coastwise, and time-saving parameters. Example- Standard dry containers are used to move general dry cargo, temperature-sensitive goods are moved with refrigerated containers, liquid and powder type goods are moved with tank containers, etc. So each type of container is manufactured as per customer’s requirements.
Tradologie’s logistic solutions
Tradologie.com is the world's only digital procurement solution and the motivation behind the platform is to curtail all the previous problem areas with traditional trading techniques. The online platform is elevated from other B2B Marketplaces and provides the existing customer base with seamless digital trading experience. Tradologie’s International logistic provider online services helps it’s registered suppliers with complete assistance with their shipments. It connects all the suppliers directly to the trusted freight forwarders, in real-time. Suppliers can attain the price quotes, forwarding agent’s profile, and business authenticity details all at Tradologie. The real-time negotiation helps the suppliers to achieve complete transparency and eliminates the inconvenience of chasing the agents for shipment bookings or prices. From verified buyers, confirmed orders to hasslefree shipping,Tradologie.com is your complete digital trading solution.