I have been reading many reports in the media regarding the news that Neptune Orient Lines (NOL) is planning to sell its logistics business unit – APL Logistics – in order to improve its performance. However, NOL issued a “Clarification on Media Report” stating that “These considerations are preliminary and exploratory in nature. There is
Member container shipping companies in the Transpacific Stabilization Agreement have announced an across the board general rate increase (GRI) of $600 per FEU to all destinations. Reason for the planned GRI is due to continued strong demand and high vessel utilization levels in the past few months. They anticipate the strong demand lasting through September.
Lots of buzz recently regarding the use of drones to revolutionize the supply chain industry. Google is apparently developing driverless cars and Amazon.com earlier this year announced future plans to implement a drone delivery service. The latest in the unmanned transportation arena is the announcement by Rolls Royce regarding the possibility of remote controlled ocean
Maersk Line recently announced the the formation of a regional containerized shipping company that will service the intra-Americas region. The name of the new affiliate will be called Sealand. According to a Maersk Line press release, the new affiliate will operate similar to the company’s other regional carriers including; intra-Asia carrier MCC Transport and intra-Europe
I have been so focused on the international ocean market lately that it has been quite sometime since I posted anything airfreight related. I recently read a press release from IATA.org that showed a modest increase in global airfreight volumes. Data release by IATA showed a 1.2 percent increase in global airfreight volumes in June
It’s that time of year again; the Peak Season shipping season is nearly here. The topic of PSS during my contract negotiations this past April was an interesting one in that many of my carriers were willing to add a no PSS clause into our contracts. Prior year’s contract negotiations were much more difficult
I received numerous notifications from my logistics providers today in regards to the Chinese Government’s Circular No. 37 (Cai Shui  No. 37) on “Tax Policy Regarding Nationwide Implementation of VAT Pilot Program on Transportation and Modern Services Sectors”. This new tax policy has been issued jointly by the Ministry of Finance (MOF) and
APL, ANL and Hanjin Shipping recently joined forces to offer a new weekly service covering Asia, Australia and New Zealand. The new service, with an expected launch date of September 1, 2013, will be called the New Zealand – Asia Express (NAX) service and will operate via a vessel sharing agreement between the three companies.
An alliance of 17 North American retailers has been formed to improve factory safety conditions for workers in Bangladesh. The new initiative aimed at increasing factory and worker safety calls for 100 percent inspections of all member factories within the first year, common safety standards to be developed within the next three months; inspections results
Media release: TOC CSC EUROPE Big box shippers gather to assess global outlook for oceanfreight and landside container logistics at 38th TOC Europe Conference & Exhibition America Chung Nam, Heineken, Heinz, IKEA, Shop Direct and Stanley Black & Decker among leading cargo owners confirmed to take part at TOC Container Supply Chain Europe