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The problem of empty container repositioning poses a significant challenge in the international container transportation industry. This article aims to investigate the use of non-operating reefer (NOR) containers as a solution to the empty container repositioning problem.
Today’s article is from Blume Global and highlights why air freight forwarders must help industry increase air cargo visibility. A driving factor is the lack of air cargo visibility. Airports, carriers, ground handlers, and logistics companies all have varying degrees of air cargo technology infrastructure.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
Nick Koutroulis was awarded for the best article of the year on our blog. For another year, we shipped over 120,000 TEUs of cargo, an achievement that was made possible by our talented and dynamic team of staff, vendors, and more. Serkan Kavas honored for his top article of the year.
This article quotes Carl Bentzel, an FMC commissioner, who says that there is increased concentration of the ocean shipping business, from no carrier having more than 4%, to around 10 carriers, half of whom have 12-20% each. Many supply chain … Continue reading →
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good. The good news is that the shipping industry is doing better than expected.
Cargo that must be loaded, maintained and or carried at a particular temperature for it to arrive its destination without deterioration is classified under refrigerated cargoes. The quality of every perishable cargo is a function of temperature and time (depends on maintaining suitable storage conditions during the voyage).
The rough and often unpredictable conditions of the sea mean that cargo insurance is critical in the shipping industry. Most freight forwarders will use this service and may require it as a precondition when packing and securing cargo. The proper packing of your cargo is one aspect of shipping that you can control.
Incorrect cargo details and/or misdeclaration of cargo and its details has been the bane of many shipping lines over the years. The consequences of cargo and weight misdeclaration were so severe that the IMO had to implement SOLAS VGM regulations. For over two years now TT Club has been promoting its Cargo Integrity campaign.
The holidays are with us and there is a new report out warning shippers and drivers to guard against cargo theft. The July Fourth risks of losing cargo are well known in the industry. million worth of cargo was stolen in the last half a decade. What does a cargo heist look like?
The food and beverage industry has faced significant challenges and growth over the past couple of years. After yet another unpredictable and unstable year, many hope 2022 will bring more stability back to the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry.
From the time the first case of COVID-19 was announced in South Africa on the 5th of March 2020, there have been several changes in the regulations governing the movement of commercial cargo in SA via the ports. Cargo Ports & Terminals. Bulk & Breakbulk Cargo Terminals (all terminals are working with reduced labour force).
becomes a more cost-effective solution, companies will continue to import cargo from various places worldwide. This statement holds true for large project cargo. A prime example is that cargo ships have drastically increased in size over the last 50 years to handle the growing need for consumer goods. economy.
Prices are falling, vessel and trucking availability is increasing, terminals are getting in much better shape globally, and many companies are looking for cargo to move. What will these developments mean for employment in the supply chain and logistics industry? As of October, inflation figures are 9.9% in the European area, 8.2%
While considering a few topics for this article, I initially planned to focus on a more technical and industry-specific issue. Future Outlook Having worked in this industry for nearly 18 years, I know that this is neither the first nor the last major transformation we will witness.
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.
Blockchain in Action: Technical Implementations and Architectures Food Supply Chains: Cryptographic Provenance & Interoperability Several major food industry players, including Nestl, Walmart, and Carrefour, are adopting IBM Food Trust, a blockchain-based platform built on Hyperledger Fabric to improve traceability and food safety.
Companies involved in international trade are hit hard as they experience decreased orders and reduced cargo volumes, affecting the revenue of shipping lines and container terminals. According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%.
More Resources Home The Transformative Role of AI in Air Cargo AI Popup #4 August 25, 2024 Dive deeper into freight data that matters Learn More In the rapidly evolving air cargoindustry, staying ahead of the curve requires the thoughtful integration of cutting-edge technologies.
That is a huge success story for the air cargoindustry and as promised it has brought significant efficiencies. Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Increasingly I think it’s an ultramarathon.
There has been a lot of talk in the news and industry publications about the struggles facing the supply chain industry. Even we have discussed the challenges logistics providers must overcome in recent articles like “ The State of U.S. With ports located across the globe, these cargo ships make international trade much easier.
“What began as a surprising, ferocious consumer and personal protective equipment (PPE)-led cargo surge this spring had collided head-on with the operational realities of a raging pandemic,” JOC adds. For shippers, the impact on cargo flows was only worsening as 2020 came to a close.”. In another JOC outlook article , William B.
Editor's note: This is the second part of an article looking at how cloud computing is changing the trucking industry. Like many trucking fleets at the time, Cargo Transporters did not have an information technologh (IT) staff wh Read part one.
Sarah cares a great deal about the industry, especially about solving the challenges that drivers face every day on the road. Allen explained that Envase seeks to impact the industry by looking at drivers’ tasks and finding ways to make those tasks easier.
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. To read the full article, click HERE.
A freight forwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads. In this article, we define five advantages that will transform the future of freight forwarding.
Disclaimer: This article is a zoom out for the less freight-inclined. A third of all cargo is carried in passenger planes. When that stopped, the industry found itself in a crunch and within just months, prices took off by some 400%. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale.
This article explores the different types of forklift attachments and their applications. Forklift Clamp Attachments These types of forklift attachments focus on securing cargo without pallets. Note : This type of clamp is ideal for printing, publishing, and paper manufacturing industries. Let’s dive in!
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. Cargo weight misdeclaration. Few examples below.
In this article, we’ll explore how these technologies can make a difference and enhance port operations. By analyzing cargo volume, storage capacity, and vessel schedules, AI systems allocate resources effectively. For instance, if a customs delay affects cargo clearance, all relevant parties can adjust their plans accordingly.
A couple of weeks ago I wrote an article outlining how cargo theft is on the rise. In the United States alone, cargo theft is a $15 to $35 billion industry. While cargo theft as a whole has increased 57 percent year-over-year, strategic theft has increased 600 percent from November to March.
This article will focus on one particular commodity that is strategically significant to all militaries that if disrupted in war severely constrains the likelihood of operational success. The munitions industrial base is a segment of a nation’s defence industrial base and the primary producer of military munitions.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Shipsta has also been recognized as an industry leader by other industry experts, winning a number of awards including Procurement Leaders’ World Procurement Award.
In this article, we will address some of the most frequently asked questions about importing goods to the United States. Ocean Freight Forwarding and Services: Ocean freight forwarding involves transporting freight via cargo ships to a predetermined destination. The automotive industry contributes just under $307 billion.
shipping industry – they managed to upset supply chains all around the world. Now, five years after the strikes took place, the shipping industry is still seeing some residual effects. According to a 2015 article on elementum.com, the more immediate effects were that the average vessel turnaround time went from 2.5/3
Welcome to the last article of “annus horribilis” = 2020. For Carriers, FOB is a “business” term used to classify cargo that is commercially controlled by consignees at a location port (FOB) as opposed to cargo that is commercially controlled by shippers at the same location port (CIF).
For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. This article untangles the benefits of freight forwarding. This article untangles the benefits of freight forwarding. So, what is freight forwarding? Wrapping up.
This article explores the implications of the port congestion surcharge and the possibilities of avoiding or minimizing it. As the shipping industry has grown, port capacity has not always caught up in time in the last 10 years. Unless things are regulated in the short term, this is a danger to the industry.
No matter the exact cause, the shipping industry now faces all-time high freight rates. Shipping industry stakeholders have faced many of these events, and they have changed the shipping industry irrevocably, for good. This was a good alternative for a few weeks as it seemed there was a good option for urgent cargo.
They can have a positive effect on your business model through their expertise and links within the shipping industry. By using a variety of high-quality freight forwarders, you will reduce delays at customs offices and your inland transportation network will benefit from a smoother transition of cargo from the port onto land services.
Last year alone, the estimated shipping industry profit was around $11 billion and this year seems to be in line, if not better. Traditionally, once the demand for a certain trade lane becomes weak, carriers used to react by decreasing pricing to attract more cargo but now they react by cutting sailings where the rate levels do not come down.
With 160 articles published this year on our blog, More Than Shipping, we honored our top blog authors who wrote the top two performing articles for the year. This year, our top articles were “ The Bipartisan Infrastructure Bill: Does It Affect the Future of Project Cargo?
In recent times, the ocean shipping industry has become more accessible due to the relaxation of several restrictive regulations. In this article, we’ll delve into the crucial factors to consider when selecting an ocean freight forwarder and their role in ocean freight logistics.
Back in August, I wrote an article about carriers introducing a $300/container surcharge for all cargo transiting the Panama Canal. Now, we are starting to see container liners consider other options such as the Suez Canal for Asia-U.S.
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