Month May 2024

Navigating the Uncertain Future of Green Fuel in Global Shipping Operations

Article on Navigating the Uncertain Future of Green Fuel in Global Shipping Operations and what to do to reach net-zero Source

Record low shipping losses amid rising sector risks

Maritime safety is paramount, with up to 90% of global trade traversing oceans. Three decades ago, the international shipping industry… Source

AI set to boost productivity, says Wiremind

Paris-based aviation industry tech firm Wiremind has claimed that its artificial intelligence solutions could boost air cargo by up to 15%. Wiremind Source

Stolt incident highlights consequences of lack of data and information sharing

Stolt Tanks incident highlights the consequences of not sharing critical data and information in the container shipping industry Source

Hapag-Lloyd introduces peak season surcharge from Asia and Oceania to South Africa

German container line Hapag-Lloyd has announced a peak season surcharge (PSS) from Asia and Oceania to South Africa. Source

Asia-US container ship reliability climbed to six-month high in April: Sea-Intelligence

The West Coast’s sharp jump in on-time performance — the highest gain of the 34 trade lanes covered by the analyst’s monthly report — is a sign ports along the coast have not been directly impacted by the ongoing ship diversions around southern Africa. Source

WestJet Cargo banks on new belly routes

WestJet Cargo aims to build its business off the back of belly capacity that is being offered on three new WestJet routes to Chicago (ORD), Moncton (YQM) Source

Busy ‘slow season’ for air cargo as e-commerce holds up demand

It is a good time to be in the freight transport business with air cargo and ocean shipping on the trade lanes out of Asia seeing sustained demand and robust rate levels. Source

Red Sea/Gulf of Aden attacks and piracy and armed robbery information – IMO

Key highlights from the IMO MSC108 session – Red Sea/Gulf of Aden attacks and piracy and armed robbery information Source

AD Ports Group inks MoU with Economic Development Board of Madagascar

AD Ports Group has signed a Memorandum of Understanding (MoU) with the Economic Development Board of Madagascar. Source

Emirates SkyCargo rolls out new training programme

Emirates SkyCargo has rolled out a new training programme that aims to tackle workforce shortages by helping employees advance their career. The training Source

Auto shippers tuned up to navigate new supply chain roadblocks

The March collapse of the Francis Scott Key Bridge in Baltimore piled on yet another layer of disruption, while the Sept. 30 expiration of the existing labor contract for longshore workers on the East and Gulf coasts will make shippers more nervous. Source

Insights into some of the operational challenges faced by container carriers

Insights into some of the operational challenges faced by container carriers – article by Muthu Jagannath from NAU Source

Ports of Stockholm and BPO seek funding to enhance collaboration with Ukrainian ports

Ports of Stockholm is seeking funds through the Swedish Institute's Ukraine Cooperation Program to facilitate the integration of… Source

Air Partner flies Gaza aid

Charter broker Air Partner has completed a cargo operation to transport hundreds of tonnes of humanitarian aid to Gaza. The company arranged three Source

CBP curtails low-value shipment access for multiple customs brokers

Growth in the use of a low-value shipment rule has attracted critics, who say the de minimis program provides a loophole for e-commerce companies abroad to evade duties. Source

CF&S Group manages oversized cargo shipment across the Atlantic – Project Cargo Journal

CF&S Group recently demonstrated its expertise in handling complex logistics with the transportation of an oversized cargo shipment for an international industrial equipment manufacturer. This undertaking involved planning and execution to ensure the safe and timely delivery of the 11-tonne,… Continue Reading →

Chaotic ‘spillover’ market reveals value of breakbulk shipping skills – JOC.com

The apparent lifeline comes after port officials announced in April that container service at Portland would end in October due to growing financial losses and the inability to find a third-party operator to take over Terminal 6.The railroad is tackling… Continue Reading →

Boosting Vietnam’s manufacturing industry – McKinsey

In the past decade, manufacturing in Vietnam has been at the epicenter of the country’s high growth. This sector contributed more than 20 percent to the country’s GDP1“Industrial sector expands over 9% in 2022,” Ministry of Industry and Trade of… Continue Reading →

Are you shipping me?!? $32,000 container move from China to LA – FreightWaves

The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Purchasing ocean… Continue Reading →

Alibaba's Logistics Arm Cainiao Announces Development of Dong Nai Smart Logistics Park in Vietnam – PR Newswire

HO CHI MINH CITY, Vietnam, March 9, 2022 /PRNewswire/ — Cainiao Network, ("Cainiao"), the logistics arm of Alibaba Group, has announced the development of the Cainiao Dong Nai Smart Logistics Park, its latest project located in Dong Nai Province, Vietnam…. Continue Reading →

Breakbulk Europe 2023 Smashes Event Records – The Maritime Executive

Published by The Maritime Executive Published by The Maritime Executive Published by The Maritime Executive Published by The Maritime Executive Published Jun 21, 2023 2:24 PM by The Maritime Executive [By: Breakbulk Europe]Breakbulk Europe 2023 has been hailed a spectacular… Continue Reading →

THILOGI drives growth in central Vietnam

THILOGI drives growth in central Vietnam  công ty cổ phần tập đoàn trường hảisource

Finance ministry expected to impose 50% duty on e-cigarettes – VietNamNet

12/03/2024   14:57 (GMT+07:00)The Ministry of Finance (MoF) remains steadfast in its decision to impose a 50% duty on e-cigarettes and related products, despite reservations expressed by other government agencies and businesses.In providing feedback on the draft Decree on preferential… Continue Reading →

Vietnamese Ministry of Health sounds alarm over e-cigarettes – VietNamNet

12/08/2020   12:37 (GMT+07:00)The Ministry of Health has called for a crackdown on illegal new modern cigarettes advertising and trading via e-commerce and social networks.The ministry recommended the ministries of Public Security, Culture, Sports and Tourism and Information and Communications, as well… Continue Reading →

New FDA Video Explains Human Foods Import Process – Food Safety Magazine

Image credit: Pixabay via PexelsThe U.S. Food and Drug Administration (FDA) recently released a video outlining the general process for importing human foods into the U.S. The video provides basic information for importers, foreign suppliers and exporters, and customs brokers… Continue Reading →

Vietnam Cigarettes Market by Segments, Production, Distribution, Tax and Pricing, Competitive Landscape and … – GlobalData

Powered by All the vital news, analysis, and commentary curated by our industry experts. Published: December 14, 2023 Report Code: GDTB230005CS-ST The Vietnam cigarette market size valued worth VND157.1 trillion ($6.8 billion) in 2022. The market is anticipated to garner… Continue Reading →

JCA rolls out contactless clearance – Jamaica Observer

JCA rolls out contactless clearance  Jamaica Observersource

Customs brokers protest alleged 200% increase in duty – Vanguard

Customs brokers protest alleged 200% increase in duty  Vanguardsource

Breakbulk volumes down sharply at Port Houston after 2022 ‘anomaly’ – JOC.com

Trans-Pacific carriers are restricting forwarders’ access to fixed “named-account” rates and pushing bookings to the much higher spot market pricing.Average US truckload pricing has hardly risen since last June, while less-than-truckload costs continue to climb due to tighter capacity.Containers offloaded… Continue Reading →

BOC issues revised rules on operation of CBWs – PortCalls

The Bureau of Customs has issued revised regulations on the establishment, supervision, operation and control of customs bonded warehouses (CBW).Customs Memorandum Order (CMO) No. 03-2022, dated March 3, 2022, implements Customs Administrative Order (CAO) 01-2022 dated February 10, 2022, which… Continue Reading →

European Union: Window opened to single EU customs system – GlobalComplianceNews

Update to the UCCThe European Union made the decision to establish a single window for customs (or its official designation: “EU Single Window Environment for Customs”) in order to facilitate international trade, speed up the customs clearance process, and lower… Continue Reading →

SAF ‘a unicorn’ industry that could produce strong returns for investors

© Andrii Yalanskyi By Charlotte Goldstone 14/05/2024 Sustainable aviation fuel (SAF) is a ‘unicorn industry’ that could provide some 30% rate of return for big investors, while also achieving overwhelming environmental benefits, a senior industry stakeholder told The Loadstar.  The… Continue Reading →

Women Are Marginalized in Freight Forwarding Business ? Princess Elizabeth Obanla – News Ghana

The freight forwarding business is not a sector where you would usually find women in their numbers as operators as it is a strictly male dominated one. But Princess Elizabeth Obanla Adeola has through sheer dint of hard work, risen… Continue Reading →

A Centennial of Customs Brokerage, Compliance, and Logistics – A.N. Deringer, Inc.

 Customs Broker, Freight Forwarding & Trade Compliance ServicesOur story began, like so many other companies that have come before and after us, with early entrepreneurial aspirations.  In 1919, our founder Alfred Neel Deringer acquired portions of his employer’s business, the… Continue Reading →

CBP Trade News Snapshot | U.S – Customs and Border Protection

An official website of the United States governmentHere’s how you know Official websites use .gov A .gov website belongs to an official government organization in the United States. Secure .gov websites use HTTPS A lock ( LockA locked padlock )… Continue Reading →

Vietnam's losing battle against the tobacco smugglers – The Guardian

In the years since the end of the war, Vietnam had fought a seemingly losing battle against smugglers. Until 1990, the "transit" or smuggled market into Vietnam was estimated by BAT to be 12-18 billion cigarettes a year. Then, after… Continue Reading →

Stavian Industrial Metal champions sustainable growth and international connectivity at SEAISI 2024 – The Week

DA NANG, Vietnam, May 14, 2024 /PRNewswire/ — Stavian Industrial Metal Joint Stock Company proudly announces its sponsorship and participation in the SEAISI 2024 Conference & Exhibition, held from May 13th to 16th, 2024, at the Ariyana Convention Center in… Continue Reading →

Aramex Partners with Omniful to Boost e-Commerce Fulfillment Capabilities – Transport and Logistics Middle East

Aramex has announced a strategic partnership with Omniful, a provider of supply chain execution & planning technologies. The collaboration is set to revolutionize Aramex’s offerings with the integration of Omniful’s advanced Order Management System (OMS).The OMS will cater to the… Continue Reading →

Industrial expansion driving boost in New Orleans project cargo volumes – JOC.com

A preliminary federal investigation found the use of a different breaker configuration than had been previously in use onboard the Dali that led to a series of power blackouts on its outbound voyage.Brandy Christian led the Port of New Orleans… Continue Reading →

What Is an International Warehouse? Solutions for Global Supply (2024) – Shopify

What Is an International Warehouse? Solutions for Global Supply (2024)  Shopifysource

Why millennials overlook a career in logistics – by a millennial – theloadstar.com

To most millennials, the semantics of ‘logistics’ are riddled with outdated stereotypes of a heavy haulier, or warehouse shelf stackers.The more desirable elements of the industry – of which there are many – are not projected to young people, causing a lack of exposure and knowledge about logistics. Luckily, my own perceptions… Continue Reading →

A Taxing Issue – Tobacco Reporter – Tobacco Reporter

The uncertainty surrounding the EU unmanufactured tobacco tax is making it increasingly difficult for logistics companies to operate with a sense of security. Photo: Taco TuinstraBy George GayShortly after Erik Van Nueten, a director of Andromeda Tobacco Forwarding and Logistics,… Continue Reading →

Gebrüder Weiss acquires Utah-based freight forwarding company – Project Cargo Journal

Username Password Remember login Gebrüder Weiss, a logistics company, has recently acquired Cargo-Link, a family-owned freight forwarding company based in Salt Lake City, Utah. Cargo-Link specialises in shipping less-than-container load (LCL) and imports from Asia to mid-west-based customers in the… Continue Reading →

Abu Dhabi Customs to implement new measures to facilitate growth of trade movement from H2 2023 – Abu Dhabi Media Office

Abu Dhabi Customs to implement new measures to facilitate growth of trade movement from H2 2023Follow usAbu Dhabi Media Office – Copyright 2024Popular search termsFollow usAbu Dhabi Media Office – Copyright 202418 September 2023EconomyShare this articleAs part of its efforts… Continue Reading →

Bonded warehouse opens in the Balearics – SuperyachtNews.com

AdvertisingBy SuperyachtNews03 Mar 2017A bonded warehouse is an exempted area that permits the indefinite storage of goods coming from outside the European Union without paying import taxes. Evolution’s new 2500m2 bonded warehouse, located 16km from Palma’s main shipyards, is available… Continue Reading →

20 FOR 2020: THE TOP 20 CITIES FOR FREIGHT FORWARDERS – Global Trade Magazine

Geopolitics, not Economics, is Front and Center for Global…Even domestic shipping can be complicated. That’s why freight forwarders exist—they handle much of the complex paperwork and hassle needed to move cargo across borders. For freight forwarders, some cities are definitely… Continue Reading →

Conf call redux: M&A-prone GXO Logistics buzzing

ID 9673493 © Cflux | Dreamstime.com GXO Logistics is a one of a kind. In the pure-play contract logistics operator (PPCLO ? ?Loadstar Premium) sector it’s the Big Kahuna, second in size only to DHL Supply Chain in the wider… Continue Reading →

Glen Catrine Bonded Warehouse | Scotch Whisky – Scotchwhisky.com

Private bottling plant that transformed into a substantial whisky distiller and blender. Glen Catrine Bonded Warehouse was originally established as an independent blender and bottler to supply A. Bulloch & Co’s chain of shops with own-label whiskies. It expanded into… Continue Reading →

AIT acquires another Dutch freight forwarder – Project Cargo Journal

Username Password Remember login The US-based supply chain solutions provider AIT has continued its shopping spree and acquired Global Transport Solutions Group (GTS), a prominent international freight forwarder specialising in time-critical marine spare parts logistics. The terms of the agreement… Continue Reading →

GAC partners with Uminaca to better serve Malaysian energy project sector – Project Cargo Journal

Username Password Remember login GAC Malaysia has bolstered the project logistics solutions available in East Malaysia through a partnership with Syarikat Uminaca, a manpower and stevedoring services provider. The JV aims to support development projects in the Malaysian states of… Continue Reading →

Brokers, forwarders adjust course as market softens – FreightWaves

A decline in freight volumes, geopolitical concerns and cost inflation were top of mind for customs brokers and freight forwarders, according to Descartes’ eighth annual benchmark survey.Of the 272 participants polled by the supply chain software-as-a-service provider, most noted that… Continue Reading →

Hot Topics in International Trade – April 2024 – BIS Updates Freight Forwarder Guidance And Best Practices – JD Supra

The Bureau of Industry and Security (BIS) has recently published a guidance document on its new website aimed at helping freight forwarders and exporters uphold compliance with U.S. export controls and regulatory requirements. The document emphasizes the significant role that… Continue Reading →

More checks and delays at Nhava Sheva after latest seizure of goods from China

© Ivan Naberezhnyy | By Angelo Mathais, India correspondent 13/05/2024 A recent seizure of laden import containers by Customs at Nhava Sheva is expected to lead to tightened cargo inspections and releases across Indian ports. Nhava Sheva handles a significant… Continue Reading →

Pa. Liquor Control Board, one of America’s largest alcohol buyers, quietly gives big distribution deal to Ohi – PennLive

Pennsylvania Liquor Control Board awarded a major, no-bid liquor warehousing and distribution contract Thursday despite objections from GOP lawmakers and questions from Auditor General Eugene DePasquale.Despite business protests, legislative concerns and auditor general questions, the Pennsylvania Liquor Control Board quickly… Continue Reading →

APL Logistics starts operating its biggest Southeast Asian CFS – PortCalls

Supply chain service provider APL Logistics has opened in Vietnam another container freight station (CFS), currently its largest single-roof facility in Southeast Asia, attracted by the ongoing regional integration and the bloc’s efforts to forge free trade agreements beyond its… Continue Reading →

Tobacco ban would be 'serious' for Dubai Duty Free – Logistics Middle East

Tobacco ban would be ‘serious’ for Dubai Duty Free  Logistics Middle Eastsource

Why Vietnam wants US to change its ‘non-market economy’ status – The Indian Express

Vietnam has been pushing the President Joe Biden administration to quickly change its “non-market economy” classification to “market economy”, in a bid to avoid high taxes imposed by the US on the goods imported from the Southeastern country.Although Vietnam has… Continue Reading →

Bill would repeal tobacco tax stamp, bonded warehouse laws, and require tax at import – The Guam Daily Post

Bill would repeal tobacco tax stamp, bonded warehouse laws, and require tax at import  The Guam Daily Postsource

Furniture exporters want bonded warehouse facilities – The Business Standard

Tuesday May 14, 2024 Entrepreneurs in the country’s furniture sector have demanded bonded warehouse facilities, similar to those in the textile sector, to increase furniture exports.They highlighted this issue at the opening ceremony of the 18th National Furniture Fair on… Continue Reading →

Could Custom Bonded Warehouses be the way to efficient petroleum imports? – Profit by Pakistan Today

Petroleum division suggests custom bonded warehouses for foreign suppliers as a possible stop-gap solution to import woes. ISLAMABAD: The petroleum division has come up with a unique solution to address challenges faced by smaller Oil Marketing Companies (OMCs) in importing crude… Continue Reading →

Tobacco exports smoke 2021 pace at 4.8K tonnes in Jan-Jul – The Phnom Penh Post

Publication date 24 August 2022 | 20:05 ICT Reporter : Hin PiseiFarmers prepare tobacco leaves for drying in Kroch Chhmar district, Tbong Khmum province on February 6. YOUSOS APDOULRASHIM Cambodia exported 4,789.68 tonnes of dry tobacco leaves from January to… Continue Reading →

Carriers juggling capacity and port congestion ‘taking us back to the dark days’

AI-generated image: © MrFly By Charlie Bartlett 13/05/2024 Shipping’s response to the Red Sea crisis is to reduce capacity to an extent far exceeding expectations, leading to a situation in Europe for Asia-Mediterranean traffic not seen since the pandemic, according… Continue Reading →

Revamped services offer faster transit times for Ireland – North America shippers

By Gavin van Marle 13/05/2024 Specialist con-ro operator Atlantic Container Line (ACL) is redesigning its transatlantic network to offer more North American connections to Irish exporters through a new agreement with UK feeder operator BG Freight Line. The agreement will… Continue Reading →

KlearNow.AI accelerates the digitization of Customs clearance with AI-powered Customs Engine – American Journal of Transportation

KlearNow.AI accelerates the digitization of Customs clearance with AI-powered Customs Engine  American Journal of Transportationsource

Custom Procedures in Vietnam: Documentation and Processing

Dong Nai province, in the southern region, is a prime choice for foreign companies in Vietnam with its strong infrastructure, logistics connectivity, and industrial parks. We profile its key advantages that has made it among the top ranked destinations for… Continue Reading →

Air cargo’s summer: traditionally slack, or Red Sea-induced demand?

The gap between air cargo spot rates and ocean rates on the transpacific is shrinking: a phenomenon which, during the pandemic, led to a greater use of airfreight. In the first week of this month, the average air cargo spot… Continue Reading →

OX: Rates soar, yet seaborne trade landscape changing long-term

ID 136889402 © Olivier Le Moal | Dreamstime.com Container Trade Statistics released its March data and thus we finally have a benchmark number for Q1 market growth in terms of ocean volumes. And the picture among carriers and forwarders that… Continue Reading →

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