forwarders

Maersk and Cargo iQ clash over how to buy air freight capacity

Cargo iQ, an interest group for quality standards in air freight, has denied suggestions that its processes help shippers cut out forwarders to deal directly with carriers.
A blog post published by Maersk Growth, the shipping group’s corporate venture arm, predicts “airlines are expected to move closer to the shipper” – one of the more controversial statements in the air freight sector.
Maersk is itself well on the way to cutting out ‘the …

The post Maersk and Cargo iQ clash over how to buy air...

https://theloadstar.com/maersk-and-cargo-iq-clash-over-how-to-buy-air-freight-capacity/

Can Carriers’ Blockchain Promises Be Trusted, Asks Forwarders

stevewalker
The LoadStar’s  Alessandro Pasetti   had the opportunity to talk to veteran freight forwarder Steve Walker , regarding supply chain players. They began where they left off and caught up on the hot topic of data treatment, ownership and disclosure for the main supply chain players, with a particular focus on the conflict between the air and ocean freight forwarders and the carriers. Pasetti wrote this in an article published in the Loadstar and here we are presenting that excerpt unabridged...

http://mfame.guru/can-carriers-blockchain-promises-be-trusted-asks-forwarders/

Flexport just another forwarder forced to adapt quickly to market changes

The news this week that Flexport has laid off some 50 staff has, predictably, caused a flurry of comment about the digital forwarder and its future.
It should, however, be seen in context – it is hardly the only forwarder out there scaling back. DSV Panalpina may have lost between 20% and 30% of Panalpina staff, although admittedly under different circumstances.
Forwarders wax and wane constantly on staff numbers – according to …

The post Flexport just another forwarder forced to adapt quickly...

https://theloadstar.com/flexport-just-another-forwarder-forced-to-adapt-quickly-to-market-changes/

Container Shipping Face a $10B Hit Globally

  • 2018 was a turbulent year for the container shipping industry, but it might have been only a warm-up for 2019
  • IMO 2020 regulations could cost the container shipping business as much as $10B globally – and that cost could increase significantly in 2020
  • Carriers will have to find ways to pass through at least some of the anticipated $10 billion or greater increase in their annual costs.
  • Forwarders and 3PL providers will have to navigate shifting currents in their industry.
  • Shippers can expect...

http://mfame.guru/container-shipping-face-a-10b-hit-globally/

Stay clear of switch bills of lading warning to forwarders

Forwarders are being warned to stay clear of switch bills of lading (SB/Ls) following increased fraudulent activity.
While BIFA has had no enquiries on SB/Ls for a year or so, online freight forwarder iContainers and forwarder network WCA have indicated that the problem is on the rise.
The WCA has sent a note to members saying it cannot get involved in disputes between them where there is a switch bill of lading, owing …

The post Stay clear of switch bills of lading warning to forwarders...

https://theloadstar.co.uk/stay-clear-switch-bills-lading-warning-forwarders/

Is 2017’s impressive freight forwarding growth continuing in 2018?

Transport Intelligence (Ti) has published a short update to its Global Freight Forwarding market report, following half-year figures for 2018. The data showed growth of 4.9%, year on year with air freight forwarding up 5.3% and sea freight rising 4.3% – perhaps better than some expected. The numbers indicate full-year growth in the market of 4.1%, down considerably from last year’s 8% growth. But, as Ti notes, this is primarily …

The post Is 2017’s impressive freight forwarding growth continuing...

https://theloadstar.co.uk/2017s-impressive-freight-forwarding-growth-continuing-2018/

Cheap labour still diverting Indian logistics players from new technology

Cheap labour has delayed the digitisation of Indian logistics, but forwarders are beginning to recognise the benefits of automation and its global opportunities.
At this week’s Fiata World Congress in Delhi, chief executive of Freight Systems David Philips said the country had made “tremendous” efforts in recent years, but more was needed.
“These tremendous efforts are showing obvious results, just look at India’s World Bank rating – it has never been higher,” he said.
“There …

The post Cheap...

https://theloadstar.co.uk/cheap-labour-still-diverting-indian-logistics-players-new-technology/

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.