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Exporters and importers have used traditional shipping methods to transport their goods over international waters for years. Technological advancements have made shipping more efficient, economical, and digitised. Automation has taken over and minimises human interference in shipping to ensure cargo security and improve operational efficiency. Let us learn more about how technology will replace traditional shipping methods.    What do you mean by traditional shipping?  Shipping is moving goods from one place to another via sea routes. Traditional shipping refers to the conventional methods of shipping goods where, typically, manual practices are used to transport goods and cargo from one location to another. Traditional shipping methods have been in use for many years. It was chosen over moving freight through land routes as shipping was comparatively cost-effective, and the ships could accommodate large cargo volumes. In traditional shipping, workers loaded the goods in...

A prosperous trade business is based on all types of trade, big or small. For shipments that are small, containers are generally empty as the volume of goods cannot cover the entire shipping container . The leftover space in the container can be occupied by fitting in other shipments. Shippers with less-than-load (LCL) shipments can transport their goods by consolidation. Several small shipments for the same route are clubbed and organised for transit. The shipping carrier takes responsibility for consolidating shipments. It benefits the shippers with a relatively small load that does not fit the entire volume of any container and, thus, is instead transported as a part of various other cargo boxes. On the other hand, it takes a long delivery route, requires more management, and has certain associated risks. Let us learn more about the pros and cons of consolidation in the shipping industry. What is meant by carrier consolidation in the shipping industry? Shippers from different part...