The world economy would come to a grinding halt if not for Liner Shipping. It forms the bedrock of the global economy, but it is seldom thought of unless something goes wrong.
Over the years, ships on main-line routes have started carrying in excess of 20,000 TEUs. As a result, feeder and short sea operations had to upscale as well. This has placed immense stress on what were once routine SOC operations. This transition has increased the needs of a feeder operator for an operation that is highly optimized, efficient and maximizes their assets.
"NVOCC’s do not operate their own vessels but own only the containers. They generally use less than full container loads ( LCL ), which they load on shipping lines / Feeder operators on a slot basis. With less than container loads increasing, the advent of NVOCC’s came into being.
When the logistics and supply chain industry underwent a technology revolution, traditional freight forwarders had to adapt as well. This in turn has led the users of freight logistics to expect online and real time interaction, data on push, and integration across the value chain.
"Over the past few decades, sea trade has grown exponentially and the Terminal industry has kept pace with it, but not so for the required systems that are meant to co-ordinate it all.