A proposal to include emissions from shipping in the European Union's 2030 emissions reduction target through the E.U. emissions trading system (ETS) has gained cross-party support among members of the E.U. parliament.
The recent increase in container freight rates on major east-west trades is no more than a flimsy disguise for the "fundamental weakness" of the ocean shipping industry, according to ocean freight rate benchmarking and market intelligence provider Xeneta.
Optel Vision, a provider of inspection and serialization systems for the global pharmaceutical industry, has released version 2.0 of its Open SiteMaster site server software.
It's been more than two months since the United Kingdom voted to withdraw from the European Union, but the shock waves aren't close to subsiding - especially with regard to the impact on global supply chains.
Freightos, looking for an edge in the crowded field of tech-driven shipping start-ups, is buying a database of air cargo rates to fill a gap in its new online marketplace.
China's recent move to add the U.S. to a list of Zika-infected countries is worrying U.S. exporters, who fear they will be required to fumigate all containers destined for Chinese ports. The cost to fumigate a container ranges from between $100 and $200.
Spot container freight rates on the major routes from Asia soared by up to 42 percent following the collapse of Hanjin Shipping, data from the World Container Index reveals.
Hanjin Shipping has elected to file for court receivership, the first step towards what will be the largest container line bankruptcy in history - six times larger than the collapse of United States Lines three decades ago, the previous record holder.
The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.
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