The future of logistics promises a landscape characterized by unprecedented efficiency, sustainability, and innovation. Supply chains will be tightly integrated, data-driven, and optimized for speed and cost-effectiveness. Automation will streamline processes, reducing the need for human intervention in routine tasks. Sustainability will be a non-negotiable aspect of logistics, with a focus on reducing emissions and…
In recent weeks, shipping lines have announced significant progress in the completion of eco-friendly vessels, specifically methanol-powered ones. At least two of the world’s leading shipping lines – OOCL and Maersk – have provided updates on the construction and anticipated deployment of these vessels. Seven out of the total 12 eco-friendly vessels, each with a…
The current conflict in the Red Sea has caused chaos in global shipping and created a multi-front storm for global trade. The situation has forced ships to sail the long way around South Africa’s Cape of Good Hope. Diversions from Egypt’s Suez Canal, which feeds into the Red Sea, are reducing capacity. Rerouting vessels around…
We will soon come to a new year in 2024. Reflecting on the current condition, the logistics and transportation (shipping) businesses next year will mostly stay the same from this year (2023). The market volume will grow slowly, while the freight rate will be steady, even lower than in 2023. 2024 is set to be…
We have just passed three-quarters of the shipping business this year with a slower performance. Reports indicate that the performance of container shipping in 2023 was significantly lower than in 2022. This conservative situation is predictably expected to continue into next year (2024). The shipping business in 2024 will rely on several determinants or dominant…
Our logistics cost has reportedly decreased by 40% in the last five years. Now, the National Development Planning Agency (Bappenas) claims that our logistics is only 14.29% of our GDP (gross domestic product). This is certainly good news for us, considering that our logistics cost has long been stigmatized as high, one of the highest…
Many reports from the shipping lines and logistics providers have said that, mostly, their achievement was down by over 50% in the first half (H1 2023), compared to the same period in the previous year (H1 2022). Most of them also failed to reach their yearly target. In average, shipping and logistics companies’ achievement ranged…
Indonesia has made the 38th consecutive trade surplus since May 2020. However, this record, especially in June 2023, this trade surplus was mainly due to a sharp drop in imports. The months posted a $3.45 billion trade surplus as imports saw a double-digit decline, according to the National Statistics Agency (BPS). BPS data shows the…
There are indicators that the demand for global containerized trade will slow down this year. Data in the first half of 2023 has said it. Coming to the second half, the condition is still uncertain. There is no sign of demand increase. On the other hand, supply is expected to increase significantly this year and…
Nowadays, the use of more than one mode of transportation in delivering cargo has been a choice. The practices make the terms intermodal and multimodal familiar and further. It has been a choice for doing business. Many have declared themselves as multimodal (intermodal) operators. KAI Logistik (Kalog), as we write in our cover story, basically…
