International Shipping Companies

There are many freight companies in business worldwide. Some of them are A.P. Moller-Maersk Group, Mediterranean Shipping Company, China Ocean Shipping Company, CMA CGM Group, Hapag-Lloyd, Ocean Network Express, Evergreen Marine Corporation, Yang Ming Transport Corporation, and Pacific International Lines.  Each of these companies covers a wide range of routes in the world. 

These International Shipping Companies ship the goods by rail, road, air, and sea. Some international shipments can be done by rail and road. But these are costly options. It is also true that the roads do not connect all the countries in the world. 

So, these International Shipping Companies use air and sea for shipment in most cases.

Business of Shipment isn’t a walk in the park. These International Shipping Companies face many challenges. The infrastructure aspects are some, the financial aspects are some, and some are slow processes. 

In India, for example, there is a pressing need to increase the capacities of all major and minor ports. It has been difficult for Indian cargoes to compete globally. 

Apart from this, there is a need to develop the road network, electricity, and overall infrastructure. It is difficult for these International Shipping Companies to thrive due to the burden of taxes like Customs Duty on Bunkers, Landing Fees, Income Tax, etc. 

Without negligible exemptions. The procedures of shipment classified by shipping companies are quite complicated in comparison to other modes of transportation. Because of this, valuable shipping time and labor time are wasted. The size of vessels is another big problem in this industry. 

Many ports in some countries cannot accommodate larger vessels.