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5 Interesting Facts About the Shipping Industry

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Shipping Industry

Have you ever considered a career in logistics or the shipping industry?

The shipping industry is one of the industries that we can expect to exponentially grow in the future. After all, think for a moment about how many products you order online.

With more countries developing, the desire for emigration will also continue to increase. The shipping industry will play its role in helping individuals and families move their lives overseas.

But what else is interesting about the growing shipping industry?

Here’s what you should know:

  1. Greater Demand for Supply Chain

Supply Chain in the shipping industry refers to the system of delivering goods from one entity to another.

This entire process is a lot more complex on a large scale. It can get strenuous when handled on an international scale.

With global demand increasing, we can expect to see greater demand for supply chain solutions from logistics companies. Services such as Broekman Logistics already are working on such solutions.

  1. Blockchain Adoption

Like many industries, the shipping industry is eager to adopt blockchain technology for its services.

It’s still early to assess how blockchain will get used in the shipping industry. So far, we can expect smart contracts to get used before goods get shipped. We might also expect legal documents such as a Bill of Lading to get shared via Blockchain.

One can also expect cryptocurrencies to get used as the preferred payment for the shipping industry.

  1. Bigger Ships

If you think cargo ships are huge now, they’ll look like ferries when compared to the ships of the future!

As there’ll be greater demand for delivering goods, there’ll be a need to build bigger ships. These will carry greater quantities of goods than ever before.

Another reason for bigger ships is to have fewer trips over the oceans. With a desire to sustain the environment, we can expect bigger ships to solve ecological concerns.

  1. More Job Opportunities

With increased digitization, there’s a concern about the available jobs that require a physical presence.

With the shipping industry, one can predict more job opportunities for both the digital and physical spheres!

There will be digital jobs that require keeping track of shipments, payments, and operations. Physical jobs will require operating cargo ships, loading goods, etc.

As this is a growing industry, the opportunities will be abundant. If you’re looking for a career change, now is the time to jump into the shipping industry!

  1. Growth of eCommerce

eCommerce is already a huge industry that will grow as the shipping industry grows.

Since more cargo ships will be built and shipping technology will advance, this aids the growth of eCommerce businesses. We can expect to see the rise of more large eCommerce businesses such as Amazon or Flipkart.

We’ll also see the rise of smaller eCommerce businesses such as those created via Shopify.

Watch the Shipping Industry

It’s clear to see that the shipping industry is one that you should keep an eye on.

If you’re interested in working in the shipping industry, now is the time to learn the skills you’ll need. Make sure you keep abreast of the changing trends in the industry.

Shipping methods, particularly with freight shipping, will take this industry to new heights. You should be a part of this exciting change!

Please share this article with anyone interested in the shipping industry. You can find even more facts about shipping on our website!

John Navarra
John Navarra is a bold and passionate writer. He continues to create engaging articles. Being bold continues by promoting a creative atmosphere, where there is the courage to do things differently and go into the unknown to make the impossible possible.

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