This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The latest edition of the World Bank’s Logistics Performance Index report (LPI 2016 report) see’s Singapore retain its position as Asean’s logistic hub for the tenth consecutive year, with all other Asean Community (AC) members with the exception of Cambodia and Myanmar, seeing their rankings fall. per cent annual growth through to 2034.
Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Customs and Border Protection (CBP) has implemented a new process to allow shippers to submit original vehicle export documentation electronically in lieu of delivering physical copies to their local CBP trade office.
Since the historic referendum in June 2016 Brexit has been a seismic event, reshaping the landscape of the UK’s logistics and transport sector. While larger companies may absorb these new expenses, the ramifications, again, for smaller enterprises are profound, prompting concerns about the sustainability of their operations.
In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment.
Spot freight availability was 74 percent higher than in September 2016. per mile, 19 cents higher than in August and 35 cents higher than in September 2016. Here’s some data reported by DAT Solutions this week: The DAT North American Freight Index achieved record highs in September, with a 9 percent gain compared to August.
Hong Kong, July 26th 2016) – Freightos , a pioneer of the LogTech (logistics technology) sector, today announced the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers. Annual Imports.
million US dollar in 2016. For each FAQ, technical document or training material distribution there are plentiful mails that keep circulating. Chatbots, most of us would have experienced them while shopping online or booking a ticket. Enhance internal communication.
For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. The September 2016 decision mapped out a clear new direction. The Maersk Shift: Where it started. Starting with Dynamic, Differentiated Service with Maersk Spot.
Yet, the rise of just-in-time delivery has complicated how the transportation industry sets rates for shipments, regardless of the well-documented benefits of electronic data interchange (EDI). EDI can send large volumes of documentation at once. Another benefit within EDI is its ability to send large volumes of documents at once.
Since the UK voted to leave the EU in June 2016, Palletways , an Imperial Group company and Europe’s largest and fastest growing express palletised freight network, has been working hard to ensure the business is well prepared to continue to deliver a high-quality service for its members and customers.
Hanjin shut down in September 2016; Cosco merged with OOCL; CMA CGM bought Neptune Orient Lines and its SPL subsidiary; Hamburg Sud was purchased by Maersk; Hapag-Lloyd merged with UASC and MOL; and “K” Line and NYK formed the One Network Express that merges the four Japanese carriers’ container shipping divisions.
The fraud often includes paperwork such as insurance policies, fake driver’s licenses, and other documents. While cargo theft rates have been falling from 2016 to 2017, the value of goods being stolen has been steadily increasing. to $114 million, according to 2016 data from CargoNet.
Now, that’s not even counting the dozens of registration numbers and tracking numbers that must be meticulously kept up with and found and used on documents A, B, and C, but a different number is needed for the second page of document B and document E when properly vetting carriers.
Editors Note: Today's blog is from our friends at Fronetics who report their takeaways regarding manufacturing content marketing in 2016. A documented strategy gets results. This year’s study showed a 72% increase in companies’ documenting their content marketing strategy. That’s an 8% jump from last year.
2016 will see a resurgence of oversight and regulatory measures through many different rules and requirements. The hours of service trucking regulations will continue to be a focal point of the FMCSA in 2016. Driver coercion will be another major regulatory measure to watch for in 2016. Hours-Of-Service. Driver Coercion.
With features such as collaborative booking, a tracking notification system, and full document management capabilities, Haven TMS allows users to pull data out of siloes and turn logistics into a competitive advantage. million in premiums for cyber-specific policies in 2016, according to Advisen Ltd., Manufacturers paid $36.9
A version of this article originally appeared in The Journal of Commerce (August 6, 2016). DHL seeded its empire by moving ocean documentation faster than cargo ships. DB Schenker’s cooperation with uShip, announced in June 2016, is a good example of such a team. Technology and Culture. Zvi Schreiber | CEO, Freightos.
The current world record was set during the Great Pacific Race in 2016 by the Uniting Nations team. Export customs clearance – Our shipping partner will submit the required documents to UK authorities to clear the boat for export. Ocean freight – The boat is transported by a shipping line or charterer contracted by TGAL.
Tong Yen Yen , Assistant Manager, HS Enterprise – Graduated from Diploma in IFM (R34) on 22 April 2016. Richard Tan , Assistant Manager, Casio Singapore Pte Ltd – Graduated from Diploma in IFM (R34) on 22 April 2016. Chee Sing Fong just completed the Diploma in International Freight Management (IFM R35) in January 2016.
CARM is being implemented in stages, with the initial release of Accounts Receivable Ledger (ARL) in 2016 — involving the assessment and collection of payment owed to CBSA. One Stage at a Time.
And it’s why two years ago I included “Parcel comes out of the shadows, with cross-border e-commerce the next frontier for growth” in my supply chain and logistics predictions for 2016. Cross-Border E-Commerce is Anything But Simple.
Food and Drug Administration's (FDA) Food Safety Modernization Act ( FSMA ) was finalized in April 2016. Training - Training carrier personnel in understanding food safety risks and in sanitary practices to prevent such risks, as well as documenting training procedures. The Sanitary Transportation Rule.
The project will document best practices and future trends. Digital Supply Chain (DSC) Resources: In the fourth quarter of 2016, CGE will release short “pull-out” sections from the DSCi white paper intended to help top management lead and drive improvements to their digital supply chain’s performance and ROI.
Between 2016 and 2019, Amazon converted around 25 shopping malls into distribution centers. The solution integrates advanced document management capabilities, robust collaboration features and support for bookings, with superior end-to-end real-time tracking.
The Hanseatic League introduced concepts such as consignment, just-in-time delivery, and customs documentation. Their extensive network of ports, warehouses, and trading posts revolutionized maritime logistics. They laid the groundwork for modern practices in maritime logistics and established vital trade routes throughout Europe.
But we can’t document the ROI or other benefits at this point. In 2016, it became the first street-legal vehicle to be paid to do real work without a driver behind the wheel. Do they have a proven ROI? Are they worth piloting? Or can companies safely ignore them? It was at the forefront of putting autonomous trucks on the road.
The 100 Best Corporate Citizens list documents 260 data points of disclosure and performance measures in seven categories: environment, climate change, employee relations, human rights, governance, finance, and philanthropy & community support. . . and 2016 they began investigating the use of post-consumer recycled PET in our packaging.
The first batch of containers was accepted in May 2016, with the final batch coming off the assembly line in June 2016, well ahead of the contracted delivery date. 16] Department of Defence 2016, Defence Industry Policy Statement, Commonwealth of Australia, Canberra, p 19. [17] When Defence made mobilisation an agenda.
EDI Basics defines it this way: “Electronic Data Interchange is the computer-to-computer exchange of business documents in a standard electronic format between business partners.” EDI is used for sharing documents such as: Purchase orders. Payment documents. Shipment notifications.
In 2016, big tech companies bought nearly 40 AI startups. It’s used to help doctors in creating clinical practice guidelines that document the best course of treatment for different types of cancer. What’s next? We also see that major computer science companies are investing heavily into the field. Take IBM’s Watson for example.
NHTSA says that we could save 2465 lives in 2016. Another data from the same source are showing that seat belt usage actually saved 14,668 human lives in 2016. If your company did everything it could to eliminate all the risks and the software you use can provide documentation, then your liability is non existent or minimal.
As recently as December 2016, in the preceding Deloitte survey , the number of respondents with little to no knowledge of the technology was near 40%. Determine the cost of documentation errors, like inaccurate invoicing, late shipping, and returns due to order errors. Re-evaluate existing supplier-shipper relationships and contracts.
Work began in 2016 and since then drones have been used periodically to film the site’s operations, monitor traffic flows and container stack efficiency as well as for observing unsafe behaviour, such as truck drivers leaving their cabins.
Though service levels were already very good versus external benchmarks, the number of stockouts dropped a further 75% from 2016 levels. One failure, for example, related to an importation document that did not arrive on time. Often the stock outs are not a planning issue.
The penalty fee is applicable if there is a misdeclaration of cargo weight details at the time of submission of booking submission and if the weight deviates +/- 3 tons/TEU from the weight on the final Bill of Lading Instruction details and Verified Gross Mass (VGM) documentation. Below infographic explains. Why is this so IMPORTANT.??
The shipper of these hazardous materials must be aware of all the facts related to their product and must display these facts using documents, labels, etc. The 2014 Edition of the IMDG code Incorporating Amendment 37-14, which became mandatory on 1 January 2016, is currently the latest edition. Follow the dangerous goods regulations.
To date, energy policy pundits have been relatively silent to the 2016 Defence White Paper ’s acknowledgement of the strategic influence of energy supply chains and energy security on national defence.
But we can’t document the ROI or other benefits at this point. In 2016, it became the first street-legal vehicle to be paid to do real work without a driver behind the wheel. Do they have a proven ROI? Are they worth piloting? Or can companies safely ignore them? It was at the forefront of putting autonomous trucks on the road.
The company is documenting its progress in line with the benchmarks of the UN Global Compact – a global initiative for responsible corporate governance that it has supported since 2016. BPW is also guided by the UN’s 17 Sustainable Development Goals. From left to right): Thore Bakker (BPW), Dr.
Even Canada, a country that’s not exactly famous for shipping disasters, was virtually cut in half by a single unexpected bridge collapse in 2016. Planning for unexpected issues like these is a major part of a proactive approach; make sure you always have a well-documented “Plan B” for your supply chain.
As a Regional Center for West and Central Africa, the Center primary objective will be to document, promote and share to both regional and national levels the good practices of eradication of hunger and malnutrition learned from Cote d’Ivoire and other countries of the region.
Although many of these issues happened prior to 2016 and there have been no serious issues reported post SOLAS VGM , these issues could still happen if customers and carriers are not vigilant and this can seriously affect the lives of the innocent seafarers on board the ships.
While counterfeiting is certainly a significant problem, a more universal governmental spending hurdle, however, is simply closely tracking and providing information to document individual transactions. A 2016 report that focused on $6.5 That works out to more than $60,000 per U.S.
Driver’s license applicants were supplied with fake documents and exam answers. . For as much as $2,600 per referral, Chabanovych helped the applicants fraudulently obtain documentation that established bogus Florida residency so they could sit for the exam. Friday, May 18, 2018.
has pleaded guilty in U.S.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content