NVOCC

Crowley Acquires Tamarind Consolidated, Expanding Logistics Solution

Credit: Export Org UK

Crowley has acquired Tamarind Consolidated, a logistics services company serving the U.S. to the British Virgin Islands in a merger enhancing end-to-end supply chain capabilities for the Caribbean region, reports an article published on their website.

Acquisition 

The acquisition will transition Tamarind’s operations and services, including warehousing and non-vessel operating common carrier (NVOCC) services, to Crowley. The expansion complements U.S.-based Crowley’s...

https://mfame.guru/crowley-acquires-tamarind-consolidated-expanding-logistics-solution/

What to look for in a neutral NVOCC

Insights presented by Shipco Transport.

As technological innovations continue to accelerate, increasingly powerful digital solutions have made almost every aspect of the logistics industry’s supply chain businesses more efficient than ever before. 

Many would say this is a good thing for international transportation, a sector where technology and digital solutions power back-end operations, product offerings and powerful combinations of both hardware and software to support the movement of goods.

S...

https://www.freightwaves.com/news/what-to-look-for-in-a-neutral-nvocc

UWL Expands Global Footprint with New Offices in Long Beach, CA & Ho Chi Minh City, Vietnam

NVOCC broadens presence in strategic markets in response to growing customer demand

CLEVELAND, Ohio, April 18, 2022 –UWL, a top 20 American-owned NVOCC and global logistics solutions provider, is expanding its global footprint with the opening of two new strategically located offices: one in Long Beach, CA and one in Ho Chi Minh City, Vietnam.  In addition to enabling localized support to meet customer demand in these markets, this strategic investment also sets the stage for UWL’s continued...

https://allaboutshipping.co.uk/2022/04/19/uwl-expands-global-footprint-with-new-offices-in-long-beach-ca-ho-chi-minh-city-vietnam/

NVOCC, the underrated service provider in global logistics

NVOCC (Non-Vessel-Operating Common Carriers) or NVO (Non-Vessel Operators) or sometimes called Box Operators are those carriers who offer port to port services exactly as Main Line Operators (MLO) by issuing their own Bill of lading but deep down they do not operate vessels but own the fleet of containers and fill the slots with Vessel Operators (VO).

NVOs kept playing a major role in logistics history as one of the major players in carriage of goods by sea among other service providers i.e....

https://container-news.com/nvocc-the-underrated-service-provider-in-global-logistics/

GSCW chat recap: Is the COVID-19 supply chain sustainable?

This fireside chat recap is from Day 6 of FreightWaves Global Supply Chain Week. Day 6 focuses on global maritime.

FIRESIDE CHAT TOPIC: COVID Supply Chain: Is it sustainable? 

DETAILS: Steve Ferreira, CEO at Ocean Audit, and Jon Monroe discuss how COVID-19 impacted shipping at the beginning of the pandemic, how current demand for freight is causing port congestion and when they expect things to go back to “normal.”

SPEAKER: Monroe, founder at Jon Monroe Consulting

BIO: In 1998, Monroe launched Jon...

https://www.freightwaves.com/news/gscw-chat-recap:-is-the-covid-19-supply-chain-sustainable?

GSCW chat recap: Supply chain green shoots, the Wright way

This fireside chat recap is from Day 6 of FreightWaves Global Supply Chain Week. Day 6 focuses on global maritime.

FIRESIDE CHAT TOPIC: Supply chain green shoots, the Wright way

DETAILS: Steve Ferreira, CEO at Ocean Audit, and Duncan Wright discuss challenges that shippers are facing, including how to navigate congestion, container and capacity issues.

SPEAKER: Wright, president at UWL

BIO: Wright has knowledge and experience in 3PLs, rail, technology and shipping. UWL, a top 15 American-owned...

https://s29755.pcdn.co/news/gscw-chat-recap:-supply-chain-green-shoots-the-wright-way

Maritime Trade Hit By Carriers Breaching Contracts, Charging Higher Rates

As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”, reports the LoadStar.

Carriers Behaviour Damaging Trade?

In a joint letter to the Competition Directorate of the European Commission (EC), the European Freight Forwarders Association (CLECAT) and European Shippers’ Council (ESC) have protested about the “damage” the carriers’ behaviour is causing to trade...

https://mfame.guru/maritime-trade-hit-by-carriers-breaching-contracts-charging-higher-rates/

Cargo Carrier Contracts Slip Amid Surging Demand Spike

  • Carriers are finding spurious reasons to refuse the release of equipment at depots in China, in addition to rolling contracted containers without notice.
  • Even the biggest BCOs were having trouble getting equipment and space when they had exceeded their MQCs.
  • Carriers appear to be turning away from the stability of annual contracts on the route in favour of the more volatile spot business.
  • There is no immediate sign of the unprecedented demand spike on the trade coming to an end, with US ports...

https://mfame.guru/cargo-carrier-contracts-slip-amid-surging-demand-spike/

 Perfect Storm Creates Supply Chain Misery 

  • Felixstowe’s vehicle booking system had caused chaos, led to carriers diverting ships.
  • Accept bookings made via a booking template on an excel spreadsheet attached to an email.
  • It won’t take bookings to and from any port in the UK until at least 12 October.

A storm for the unhappy port of Felixstowe created supply chain misery, writes Mike Wackett for The Loadstar.

Supply Chain Misery

High winds over the weekend in the UK, added to slow-working at the port of Felixstowe and the cyber-attack on...

https://mfame.guru/perfect-storm-creates-supply-chain-misery/

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