MTI

When a container ship docks at a coastal port, the journey of goods is only half complete. In the case of landlocked nations in East Africa, the actual aspect of the problem starts when the cargo is out of the port. Ethiopia, South Sudan, Rwanda and Uganda are some of the countries that do not have direct access to the sea but rely on effective overland modes of transport that link them to world trade routes. This is where inland haulage is not merely a logistics operation at best, but an economic life line. The inland haulage facilitates trade continuity, price stability and industrial development in some of the fastest growing economies of Africa by connecting ports to inland markets. We will discuss the way this vital logistics connection propels landlocked markets and enhances the integration of the region in East Africa. The Reality of Landlocked Economies The geographically disadvantaged states are landlocked. They do not have direct access to seas so they have to use the neighbo...

  When you import or export goods across the world, you are aware of the risks associated with it, but you do it anyway, right? Your container might fall overboard during a fierce storm, goods could be damaged during transit, or a warehouse mishap such as a fire or building collapse might destroy your inventory. Is there any way to skip the risk? No, you cannot really avoid these mishaps as they are unpredictable, but you can definitely make sure you are equipped to handle any situation so you bear the minimum loss. This can be done by opting for freight forwarding insurance that protects your business interests. What is Freight Forwarding Insurance? Similar to medical or vehicle insurance, businesses that transport goods through waterways can opt for freight forwarding insurance. It offers specialized coverage that protects goods during international or domestic transportation. Unlike standard coverage, it provides comprehensive protection that covers your cargo from the moment it...