How Can The Freight Forwarding Industry Aim To Reduce Emissions?
The global freight forwarding industry is responsible for about 7% of total carbon emissions. Fortunately, there are several ways that can be used to reduce it. Read on to find out more.
At present, the international logistics management industry accounts for nearly 7% of the world’s total carbon emissions because of the various transports used by it for delivering cargo. That is why, it has become a substantial contributor to global climate changes. Although the challenges to cutting down emissions are many (such slow inventory turnover, high capital costs, etc.), there also exist levers which can be used for reducing the carbon contribution of the freight forwarding industry to the atmosphere.
The first step towards low-emissions shipping transport must be taken by combining fuel efficiency and smart policy along with innovations on space, data and system. With regards to transport and climate, the most beneficial thing that can be done is alignment of policies. The costs of maintaining compliance with various policies across different international markets act as barriers to the quest for strategic climate solutions. Such barriers can be successfully dealt by the freight transport sector with consistent transit policies spanning across several regions.
According to experts, there are several cost benefits associated with the levers that may be used by logistics management professionals to reduce carbon emission. Implementation of new technologies, efficient planning of supply chains & routes and altering driving behaviour can also help the freight forwarding industry to reduce its carbon emissions. At present, several emerging technologies and low-carbon fuels are being projected to become an essential part of the freight transport sector in the coming years. That would, in turn, allow professionals to reap a number of cost benefits, thus enabling the rates of sea, road and air freight forwarding to remain consistent. Moreover, technological innovations in the logistics management realm for controlling carbon emissions would not only help to curb air pollution, but also enhance the quality of services.
Besides using technology and aligning policies, it is also important to keep a track of carbon emissions in an organised manner. Doing so would allow various shipping companies to incentivise their transports for acting on climate.
In order to progress steadily on the path towards low carbon emissions, adopting practical strategies infused with latest technology and careful planning is vital. In addition to that, there must be also be sufficient data available for the logistics management industry to compare and then improve on existing methods, if required. Global climate change is a critical matter that cannot be ignored at any cost, and the freight forwarding realm must also do its part accordingly for impeding its harmful consequences.