A Decade of Change: Transformations in Ocean Freight Logistics (2014-2024)

Over the past decade, ocean freight logistics has undergone remarkable transformations, driven by technological advancements, evolving global trade dynamics, and the growing need for sustainable practices. From digitalization to introducing green shipping methods, the ocean freight industry has made significant strides in efficiency, transparency, and environmental responsibility. This article explores the key developments in ocean freight logistics from 2014 to 2024, shedding light on how these changes have reshaped global shipping. 1. The Rise of Digitalization One of the most notable changes in ocean freight has been the widespread adoption of digital technologies. Over the past ten years, shipping companies have embraced innovations such as blockchain, artificial intelligence (AI), and the Internet of Things (IoT) to streamline operations. Blockchain for Transparency : Blockchain technology has improved supply chain visibility and reduced fraud. By creatin...