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The Indian government is moving forward with plans to launch a new container shipping line named Bharat Container Line, signaling a significant development in the nation’s maritime strategy. The decision by Indias government is being welcomed as a needed step.
Problems such as port delays, disasters, cyber-attacks, operational failures (human errors), embargoes, government decisions, epidemics (covid 19) create many crises in the sector. Post-Crisis Analysis and Learning After the crisis is over, forwarders should analyze the situation and decide what to do in the next crisis.
A new Freedonia Group analysis finds that expanding regulatory support for the adoption of EVs by governments worldwide will boost sales of these units through 2026. The post Analysis Emphasizes Need for Regulatory Support to Increase EV Demand appeared first on NGT News. Norway has the most […].
By design, blockchain technology is meant to be free from interference by banks, companies and governments. But a new report says the decentralized system might not be working as well as many crypto enthusiasts assume.
Government regulators, however, have not yet agreed on whether or not shipping alliances are against anti-monopoly/competition policies, after regulators receives many complaints from various parties. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping.
The post Analysis: Today’s Global Economy vs. Global Container Shipping appeared first on More Than Shipping. While the industry faces immediate challenges, it also presents an opportunity for innovation and adaptation to ensure a more resilient and sustainable future for container shipping in a post-pandemic world.
Pickett Research (PR) was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. And in a market governed by human beings making financial decisions, we always overshoot. He earned a B.S. About Pickett Research. We always overdo it.
government has announced that it is taking actions to reform the food supply chain. government aims to help. Government Plans to Reform the Food Supply Chain appeared first on More Than Shipping. Unfortunately, this process is not always perfect, and there are many dangers and problems that can occur along the way.
Notable appointments include work in the federal government as Attorney-Advisor (International Affairs) in the Office of the General Counsel at the Federal Maritime Commission and work at a public port authority as Maritime Project Manager for the Port of Boston at the Massachusetts Port Authority. Learn More About Solving The Port Problem.
The post Analysis: Why the Biden Administration is Not Being Honest About Supply Chain Issues appeared first on More Than Shipping. Additionally, it is unlikely the U.S. will be in a position to avoid a similar debacle in the future.
Economy: A Numerical Analysis appeared first on More Than Shipping. Otherwise, countless individuals will lose their jobs, and the economy could suffer billions of dollars in losses over the coming weeks and months. The post Impact of a Gulf Coast and East Coast Strike on the U.S.
government will be able to afford a prolonged strike. government will provide to the workers, it seems probable that the parties will finally agree on a reasonable framework. Negotiations between port authorities and the ILA on this matter are likely to continue beyond the January 15 th deadline previously set for negotiations.
Lack of Global Consensus Creating a comprehensive recognized green logistics strategy requires collaboration between governments, global organizations, and businesses, which all need to collaborate to reduce emissions and create more sustainability.
More than half of UK IT decision-makers across healthcare, education and government organisations received notification of an attack or vulnerability in their supply chain of software in the last twelve months. Worryingly, it took more than two in five of organisations more than a week to recover.
Entitled the “Post-Covid Indicator,” Flexport said that this report leverages the company’s copious amount of data related to the movement of merchandise through the global logistics system as input, while not having as much of what it called a lag compared to government data and statistics.
Sustainability has come onto the agenda of many businesses, with environmental, social, and governance (ESG) goals becoming major considerations. ESG reporting and analysis Data is one of the most important requirements of an ESG program. It is only with the analysis of data that situations can be visualized and changes made.
This is important, as it defines the scope of work, payment terms, service level agreements and all the other bits that govern the logistics service. This is best achieved by open discussion and analysis of the activities and product volumes involved. Traditionally, the customer has often not been included in this process.
So, when I learned that GIS can effectively be used for traffic analysis and management, my interest piqued. GIS is a powerful tool that enables the analysis and visualization of spatial data, allowing for the integration of geographical elements into transportation planning and management. How Does GIS Help?
Using an AI tool, I had it look at the 10K's for the top 5 trucking companies and asked it to provide a SWOT analysis for the trucking industry. Changes in government regulations: Changes in government regulations could impact the trucking industry. NYSE: UPS) FedEx Corp. NYSE: FDX) XPO Logistics (NYSE: XPO) J.B.
Success will depend on getting executive buy in, setting up governance and keeping stakeholders informed throughout. Recognising this need, Logistics Bureau is now able to assist businesses, withCarbon Footprint Analysis, in the following areas: Quantifying existing carbon emissions from Supply Chains and Distribution Networks.
He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists.
According to new reports and an analysis of market research, South Korea saw 16 new vessels ordered with a total of 820,000 tons. This is due to the Chinese government’s investments in the industry. However, the largest market share for shipbuilding still is in China, where there were 45 new ship orders, for a total of over 1.5
Coupled with the Chinese Government’s mandate to share all information with the Chinese … Continue reading → Beijing’s global maritime operations double as intelligence-gathering outposts. I was not aware that Chinese interests have installed operating software at quite a few ports around the world.
Pickett Research (PR) was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. And in a market governed by human beings making financial decisions, we always overshoot. He earned a B.S. About Pickett Research. We always overdo it.
Processing and Analysis: Each vehicle processes received data to assess potential collision risks. Regulatory frameworks must govern the use and sharing of V2V data to gain public trust and ensure widespread adoption. Government incentives and public-private partnerships are necessary to accelerate adoption.
government, through the Federal Maritime Commission, has designated a Chinese government-affiliated shipping carrier as a controlled carrier. During this update, it informed the public that the shipping company Hede (HONGKONG) International Shipping Limited was added as a Controller Carrier affiliated with the Chinese government.
The reason for this is that certain changes are nearly impossible, especially since banks and government officials are involved, and there are safety considerations, particularly in sectors like F&B. Even in the digital world, this industry still demands several printed documents for transfer between countries.
The answer is not simple and involves research and analysis across a number of factors. This data is based on industry output derived from monthly government statistics published by the Census Bureau, Federal Reserve Board, Bureau of Labor Statistics, and Bureau of Economic Analysis. Analysis of employment data.
As inflation takes a hold of the global economy, governments from Australia to Germany are looking for a scapegoat. Governments are looking to cut into these profits as threats of strike from logistics workers around the globe rise. As detailed in McCown’s analysis, container shipping rates were more than 2.8 Conclusion.
In a statement, Secretary-General Kitack Lim said that based on industry analysis , the numbers of seafarers requiring repatriation after finishing their contracts had declined – from a high of around 400,000 in September 2020 – to around 200,000 as of March 2021, with a similar number waiting to join ships.
12,000 clicks of that survey and the analysis and a 95% engagement rate told us that in times of strife, people want to come together, understand what is going on and help each other out of this situation. If you missed out on the survey and the results, here is a quick refresher on what the survey revealed and how deep the impact was.
Vivid Economics will provide expert advice and economic analysis during the process. Details of the bid will be developed with Vivid over the coming months with the policy statement by the UK Government expected to be published in the autumn. The partnership brings together the two major ports on the Thames.
government) or is selling at a price that is lower than the manufacturer’s production costs. Simply, a countervailable subsidy is when foreign governments subsidize certain industries by providing financing to produce, export, or manufacture certain goods. government’s definition.
webinar of 2021, my colleagues and I provided analysis on today’s leading freight shipping topics, including the potential impact of the U.S. In the video below, Jason Craig, Director of Government Affairs, and Jenna Kuehn, Director of Inland Drayage, join me in answering seven key audience questions. In the final Market Insights Live!
“The cybercommunity will be front and center in determining how resilient our supply chains will be going forward,” said Andrea Little Limbago, vice president of research and analysis at AI SaaS company Interos. These authoritarian governments are well-known for participation in the weaponization of cybersecurity breaches.
Use tools to automate root cause analysis and reduce dependency on manual reporting. Data Cleansing: Advanced tools improve data governance, a key challenge in AI adoption. According to Josh Dritz, “If X happens, then Y impacts will be feltand companies must analyze this in near real-time and in an automated way.”
The government is implementing measures to make it easier for local and international businesses to operate in the country, such as reducing bureaucracy and simplifying regulations. The government is working to increase women’s participation in the workforce and create new opportunities for female entrepreneurs.
In addition to Covid, both upcoming Port of Los Angeles negotiations and increased government protectionism pose risks on top of ongoing issues. So far, the measures taken by the Chinese government have proven effective and helped keep Covid cases at the lowest levels in the world. China’s Zero-Covid Policy.
Here is a full description from the US Government Accountability Office. The difficulty for government agencies, from a regulatory standpoint, is filtering through the tens of thousands of applications they receive each year to determine which ones are simply reopening an old business under a new name to avoid penalties.
government has got involved. Next, the government has already begun invoking the Defense Production Act, traditionally used during wartime to produce goods for war, to compel manufacturers to produce more baby formula. government getting involved, it will likely be several weeks before stores become more stocked on a regular basis.
Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance. A digital transformation of the supply chain is needed to integrate quality attributes into the products we buy, move, and sell through the supply chain.
There are ongoing security concerns that Chinese-manufactured port cranes could be used for spying by the Chinese government. ports could be a security hazard is not new: various government figures have suggested such over the years, much like other products (particularly electronics) imported from China. Ports Be Banned Soon?
The economic relationship between the United States and China is integral to global trade, driven by significant complexities. Key factors affecting this relationship are customs tariffs and ocean freight rates, both of which have profound effects on inflation.
GEFCO has enthusiastically responded to the CDP questionnaire, which provides a framework for companies to provide information on their climate action performance, including governance and policy, risks and opportunity management, environmental targets and strategy, and scenario analysis.
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