By Class NK
The Singapore Shipping Association (SSA) and ClassNK have signed an MOU (Memorandum of Understanding) to establish a framework for cooperation in cyber security research activities.
Cyber security has been acknowledged by the maritime industry as a key element to keep ships safe during operations, and to ensure its solid and steady digital...
The air cargo industry’s selling point is speed, but many freight forwarders, ground handlers and airlines have been slow to move from manual to digital information sharing that makes the air supply chain more efficient. One reason is that setting up the necessary digital connections can be manual, slow and very complex.
The International Air Transport Association has stepped in to assist. On Tuesday, it officially rolled out a new subscription-based platform designed to facilitate the...
https://www.freightwaves.com/news/iata-offers-digital-connectivity-platform-to-air-cargo-industry
Gregory Nell, SC, Chair, Australian Maritime and Transport Arbitration Commission writes:
2020 will be remembered as the year of COVID-19. From February [last] year, commercial activities in Australia and elsewhere in the world were severely disrupted by both this novel coronavirus and the measures that governments, including the State and Federal Governments of Australia, took to prevent its spread.
International commercial...
https://shippingaustralia.com.au/international-commercial-arbitration-and-covid-19/
The transportation industry has experienced a technological revolution of sorts over the past several years. The mandated move from paper logs to electronic logging devices (ELDs) in late 2017 made every carrier an interconnected carrier. The resulting innovation boom led to a wide swath of new, high-tech solutions to age-old industry problems, ultimately highlighting the importance of information technology (IT) professionals in the transportation space.
As the industry has continued to...
https://s29755.pcdn.co/news/hard-to-find-it-talent-proves-essential-to-carrier-viability
Cyber attacks orchestrated by criminals have a tendency to be opportunistic in nature. They target companies which appear to have access to sufficient funds to pay a...
https://mfame.guru/container-industry-shows-vulnerability-in-cyber-security/
There may not be a better time in the history of the U.S. trucking industry for companies to digitize their operations, no matter how large or small they are.
Cloud-based technologies for transportation companies, which have tended to put off IT investments due to concerns over cost and complicated integrations, are rapidly driving down systems infrastructure price tags and are much easier for trucking companies to deploy.
“There is great opportunity across the board for trucking to embrace and...
https://www.freightwaves.com/news/driving-truck-operations-into-the-cloud-with-video
A series of high profile cyber attacks has put the issue of cyber security in the spotlight.
The International Maritime Organization was recently attacked and its website had to be taken down. Containerchain has been hit, as has the Toll Group.
Australia’s Prime Minister, Scott Morrison, has revealed that Australian organisations are under sustained digital assault and our...
https://shippingaustralia.com.au/cyber-security-preventing-the-ghost-in-the-machine/
Ryder System (NYSE: R) Chief Technology Officer Kendra Phillips cannot lean on information technology that is already in place at the third-party logistics provider. Her job is to find the next IT.
“I get to explore the future in how we leverage technology and how we bring value to our customers,” Phillips told JT Engstrom, FreightWaves’ chief strategy officer, during American Shipper’s Global Trade Tech summit Thursday.
“It’s an exciting place to be and an exciting time to be here,” she added.
Phi...
https://www.freightwaves.com/news/ryder-cto-looking-for-next-great-technology-with-video
Desperate for information, a work-at-home employee of an industrial port tenant clicks on what appears to be an official looking source promising the latest Covid-19 updates, only to innocently launch malware that for a time disables his employer’s GPS system.
Experts say the risks of such a hypothetical scenario occurring within the vulnerable maritime and offshore communities has grown appreciably as the coronavirus has forced most offices to lock down. This left information technology (IT)...
American Airlines (NASDAQ: AAL) has offered cargo-only flights during the COVID-19 pandemic, but the new line of business didn’t overcome the lost cargo moved on passenger airplanes that were grounded in the second quarter.
The Fort Worth, Texas-based airline on Thursday reported $130 million in cargo revenue for the quarter ended June 30, down 41% from the same quarter last year. Cargo revenue for the first half of the year amounted to $277 million, 37% below 2019.
American said it currently...
https://s29755.pcdn.co/news/american-airlines-cargo-revenue-sinks-along-with-q2-profit