FMC turns spotlight on alliances

In a bid to crackdown on possible violations of competition regulations, the Federal Maritime Commission (FMC) has taken steps to toughen its oversight of container lines profiting from the surge in demand for physical goods to the US.

The world’s three largest alliances – 2M, THE Alliance, and OCEAN Alliance, will now be required to submit carrier-specific trade data on a monthly basis instead of quarterly under previous guidelines.

The FMC’s Bureau of Trade Analysis (BTA) relies on a...

https://container-news.com/fmc-turns-spotlight-on-alliances/

Digital Transformation in Shipping Operations – From planned to predictive maintenance

Transitioning to a predictive maintenance framework requires a holistic approach and a corporate culture shift which embraces collaboration amongst departments, people upskilling, technology, data analytics and processes’ redesign. PwC Greece addressed the important issue of digital transformation in shipping operations by presenting its insights during an online event titled “Digital Transformation in Shipping Operations. From …

The post Digital Transformation in Shipping Operations – From...

https://www.hellenicshippingnews.com/digital-transformation-in-shipping-operations-from-planned-to-predictive-maintenance/

Pharrell Williams on Humanrace and Wellness

Pharrell Williams on Humanrace and Wellness

I recently enjoyed the video that was posted on Vogue’s official YouTube channel featuring my favorite American singer, rapper, songwriter, record producer, fashion designer, and entrepreneur Pharrell Williams discussing his morning skincare routine that comes down to an overall philosophy and a new product company called Humanrace he founded with a mission to empower all people in their pursuit of wellbeing. Guided by experiences from his own wellness...

https://allaboutshipping.co.uk/2020/11/25/pharrell-williams-on-humanrace-and-wellness/

UPS slashes ground delivery transit times

UPS Inc. (NYSE:UPS) has reduced transit times by one business day on millions of parcels moving under its core U.S. ground delivery business, one of the most consequential service improvements the transport and logistics giant has implemented in years.

The initiative, Fastest Ground Ever, was launched during the first week of November. All lengths of haul are affected by the change. However, 63% of its ZIP code-to ZIP code  lane improvements have been in what the company characterizes as “one-...

https://www.freightwaves.com/news/ups-slashes-ground-delivery-transit-times

Stealthgas Inc. Exhibits Resilience Against Adverse Market Conditions Amid COVID-19 Negative Impact

Stealthgas Inc., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2020. OPERATIONAL AND FINANCIAL HIGHLIGHTS Fleet utilization of 96.9% – with 114 days of technical off hire, as a …

The post Stealthgas Inc. Exhibits Resilience Against Adverse Market Conditions Amid COVID-19 Negative Impact first appeared on

https://www.hellenicshippingnews.com/stealthgas-inc-exhibits-resilience-against-adverse-market-conditions-amid-covid-19-negative-impact/

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