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 Federal Maritime Commission has established a new audit program and dedicated audit team to assess carrier compliance with the Agency’s rule on detention and demurrage as well as to provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services. FMC Establishes Ocean Carriers Audit Program.
Rather than abandon the idea of updating you on trends emerging in the industry in 2020 and likely to deliver changes in the next two or three years, I thought I’d go ahead with it, and add some insights into how the Coronavirus crisis is accelerating or reversing them. Air Freight Transportation Trends 2020. sulphur content.
Join us as we embark on a journey through the vast seas of trends, opinions, and innovations that shape the shipping industry today. Whether you’re a seasoned maritime professional or a curious enthusiast, this series will keep you anchored to the forefront of this dynamic and vital global business.
There’s been a big focus on climate change and its effects on the maritime shipping sector for good reason: we see the effects of climate change everywhere. The goal, of course, is to reduce emissions and further the progress towards a greener, zero-carbon future. Funding was awarded for the project earlier this week in London.
But, of course, when dealing with systems that operate at such scale, exceptions happen. I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. It’s the gritty reality of logistics.
When the International Maritime Organization (IMO) meets in London this week (9 April 2018), the stakes are high. For many years, maritime GHG emissions have not been discussed prominently in international climate negotiations. Setting a common course? Who’s in command on the open sea? Source : [link].
With the hurdles of 2022 behind us, here are logistics trends 2023 you can expect in the coming year. A more recent regulation, issued by the International Maritime Organization in 2020, caps the greenhouse emissions of freight ships at 0.5%–2% Environmental Regulations. 2% lower than its former level of 3.5%. Rising diesel prices.
However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. Prime attention for the campaign centres on the widespread trend in misdeclaration of cargoes. TT Club’s primary objective is to help make the industry safer and more secure. www.ttclub.com.
INFORM, a leading provider of intelligent AI and optimization software solutions, will showcase its proven optimization add-on solutions for maritime and intermodal terminal operators at the upcoming TOC Europe conference in Rotterdam, the Netherlands.
Moreover, with the melting of the ice, new maritime routes will emerge. And of course, there are veins of precious metals and minerals. By 2024, Russia aims to send 80 million tons of cargo via the North Sea route. Tourist cruise ships are also planning to launch more tours to the polar region.
Follow the latest trends and expectations in the supply chain to get ahead of the curve. The current trend of increased demand is expected to last until the Chinese New Year when most factories will be closed. A lot of things have happened over the past two years that have affected shipping freight rates. Be in the know.
Orca AI is a developer of safety software platforms designed specifically for maritime vessels. The deal sets the lofty goal of deploying 12,000 of Wingcopter’s 198 drone systems over the course of the next 5 years.
The company announced that it is expanding its associate-to-driver program so that any Walmart worker at 439 store locations nationwide can become a truck driver after completing a 12-week course. The trend is truest for ocean freight rates from North Europe to the U.S.
The factory in question has resumed its operations, although it is expected that the trend will continue for some time since it’ll take some time for them to secure their previous deals domestically. The best course of action in the polymer market is to wait and see what will happen, with a strong emphasis on global conditions.
Of course, it’s all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite. Many now apply fees for booking cancellations and no-shows, leaving shippers with little option but to focus on generating forecasts that are as precise as possible. Other Steps to Minimise Container Freight Costs.
Without having an overview of the location and status of inventory, or the ability to forecast customer demand to prepare for a surge in sales, businesses could not react quickly enough and plan the right course of action. Additionally, products were stranded at sea on cargo ships due to maritime mobility issues. In the U.S.,
Promising to be a dynamic convergence of leading players in the logistics industry, this event is poised to showcase the latest innovations, trends, and solutions driving the sector forward.
But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. The shaping trends of 2021 – limited capacity and rampant demand – are unlikely to continue on forever. Amazon as a carrier.
What technologies are trending? Of course, there are companies that have left the market. For example, Nestle Ukraine is launching a production hub in the Lutsk district of Volyn region. 40 million Swiss francs will be invested in expanding production by 1,500 jobs. Prefabricated modular buildings.
Another application ready to hit the market is another matching app that has been referred to as the “shipping Tinder” It will use algorithms to match users with “real-time and precise communication centered around business opportunities related to maritime and transportation.”
This year’s recent TPM – the annual transpacific maritime conference hosted by the Journal of Commerce in Long Beach, CA at the end of February – was a combination of post-pandemic debrief, projections for the rest of the year and beyond, and lessons learned. What just happened??? What happens next?
days) tracking below global averages over the course of 2023. Fraser Robinson, CEO of Beacon , commented: “It is great to look back at the data we have collected over 2023 and interesting to see some trends beginning to emerge. SE Asia outperformed China for much of the year with congestion times averaging 1.2
Things like negative Covid tests for drivers are certainly helping drive the trend for unaccompanied loads,” commented Simon Wagstaff Brittany Ferries freight director. Of course, Pelican is an extremely versatile vessel which can take out-of-gauge shipments as well as unaccompanied units,” Simon Wagstaff adds.
Over the course of 2016, real revenue and volume growth in the air and sea freight forwarding markets was remarkably similar globally, but this disguises significant differences across important countries and regions, say analysts who keep a close eye on the market. The global freight forwarding market has grown by 2.7% Digitize or die.
Intra-Asia continues to be important, of course the automotive sector is going through some challenges at the moment. What are the trends from the big picture offices of CEO offices around the world about the global economy and just the market in general? Mr. Nixon: I think obviously there has been a lot of political developments.
Peregrine Storrs-Fox, TT Club’s Risk Management Director, commented, “There will be regional variations within these trends of course. Arecent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35%
Other Steps to Minimise Container Freight Costs Of course, its all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite. So what can you do if you cant better your current forecasting?
With no way to unlock the infected computers, Maersk had to rebuild its IT infrastructure almost from scratch, installing 4,000 new servers, 45,000 new PCs and 2,500 applications over the course of ten days. The programme will also provide information on cybersecurity training and education, cyberthreat trends and best practice development.
Of course, West Coast ports may see short-term volume adjustments from trade policies due to concentrated trade with the Asia-Pacific region, a trend observed in the second quarter and third quarter of 2018. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts.
When it comes to the exchange of information, it is of course problematic.”. In an industry where the mismatch between ship capacity and available cargo is a common pain point, Maritime Executive says technology can help solve that problem while also improving freight utilization. with even further complicating the shipping process.
He changed the course of the 2013 playoffs with his game-tying grand slam against the Tigers that sent Tori Hunter tumbling over the right field wall and into the Red Sox bullpen. He was the hero of the curse-reversing 2004 team that came back from a 3-0 deficit to the Yankees in the ALCS with a walk-off homer and another walk-off single.
I was fortunate to be able to attend again this year, and, though I couldn’t sit in on all the sessions or meetings I would’ve liked, here are my key takeaways: Geopolitical challenges, Red Sea especially Geopolitics were, of course, on people’s minds.
“Strong results for air freight, container shipping and export orders in particular suggest that, while the trade recovery may moderate in due course, it will likely continue in the coming months and remain above trend,” the report says. He presented his outlook for container shipping to the TPM Annual Conference in Long Beach, Calif.,
Keeping up with a complex, multi-layered, global industry is harder than most people think, so we decided to share a list of industry experts who share perspectives, news, trends and timely data on a regular basis on Twitter and Linkedin. She now manages the logistics-focused market research firm, Logistics Trends & Insights, LLC. .
Global maritime commerce gathered momentum two years ago and raised sentiment in the shipping industry,” says Frida Youssef , UNCTAD’s trade analyst. There’s little doubt that trade wars in these arenas could reshape global maritime trade patterns and dampen UNCTAD’s cautiously optimistic forecast. Balancing act. Compliance to U.S.
This is of course due to the overcapacity of available flights. The US Federal Maritime Commission (FMC) also gave notice by stating they are “closely monitoring blank sailings, utilization of equipment, and “revenue trends” in the current volatile environment”. Many retailers are operating at pandemic-driven peaks.
At the launch of the DHL Global Connectedness Report , John Pearson, CEO DHL Express, said: “The most recent findings of the DHL Global Connectedness Report unequivocally dispel the notion of globalization reversing course. The 2024 edition is based on almost nine million data points. percent of its population.
The trend of a slower growth for the trade in goods, as well as a more positive trend for services, is expected to continue in the 4th Quarter of 2021 with the value of trade in goods expected to remain constant at US$ 5.6 Maritime performance in 2021. Maritime trade contracted by 3.8% Maritime Trade.
The column added that aside from whatever the ramifications of a true trade war would look like, there is, of course, the fall out, or trickle down, impact on what this could mean for consumer spending i.e. the real lifeblood of economic activity, more so than any other economic driver.
We’ve seen growth in auto exports to China and we hope that trend will continue.” This National City Balance Plan is a way to help the port increase its maritime commerce and increase maritime jobs,” says Joel Valenzuela, director of maritime at the Port of San Diego. More on North America’s ports.
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