Drewry, the global shipping consultancy, has carried out a simulation study of the operational and financial impacts on lines, terminal operators, ports and other supply chain stakeholders as vessel size increases up to and beyond 18,000 TEU (twenty-foot equivalent units, the standard metric used to measure a ship's cargo carrying capacity). The study results suggest that the economies of scale, that have been a key feature of the liner industry, may be running out.
Just who's responsible for weighing that ocean container? After several years of thrashing out a rule to combat the problem of misdeclared weights, regulators and rulemaking bodies still can't seem to agree.
Here's a question for U.S. exporters who were grievously harmed by the West Coast longshore labor slowdown in late 2014 and early 2015: Would it make you feel any better to learn that you were the victims of "a street brawl"?
Analyst Insight: Third-party logistics providers (3PLs) will no longer be able to squeeze the wages and benefits of their warehouse workers for cost savings. In the past, 3PLs came in with a lower hourly rate and a lower benefit package, with a mix of contract and full-time employees. The savings from this strategy, along with design improvements, workflow and systems, enabled the 3PL to present a value proposition with a lower cost for operation. - Valerie Bonebrake, SVP, Business Solutions, Tompkins
Analyst Insight: The demand for increased efficiency in China distribution is driving some incremental improvements in supply chain. Growth is on the rise for domestic transportation, localized supply chain IT solutions are experiencing revenue growth, and the amount of automation installed in new facilities is on the rise. Changes are also happening in real estate and there is an increase amongst importing and exporting. - Jim Serstad, Managing Director Asia, Tompkins International
The latest Container Shipping Forecaster from Maritime Strategies International reports "flickers of improvement" in February after an opening to the year which saw 1.3 million TEUs of capacity idle, freight rates struggling and the charter market on its knees.
The ocean shipping industry has traditionally used EDI for shipment tendering, booking and milestone tracking. A new solution has emerged that leverages near real time vessel tracking data to improve shipment planning and tracking.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.