ocean freight

Logistics of military drawdown requires tactical precision

As the U.S. military continues withdrawal of troops around the world, transportation logistics plays an important role. Military exit strategies involve the withdrawal not just of personnel but of equipment — everything from machinery to office supplies — as well as the dismantling of entire facilities.

Bob McGhee, AIT Worldwide Logistics’ director of government and aerospace operations, detailed the unique logistical challenges involved in transporting military goods around the world.

Global...

https://www.freightwaves.com/news/logistics-of-military-drawdown-requires-tactical-precision

Greater focus on life sciences transport as vaccine nears release

As anticipation grows for the distribution of a COVID-19 vaccine, supply chains around the world are gearing up for the challenge. Transporting bio-pharmaceutical products, however, requires the incorporation of temperature-controlled equipment suitable for the safe hauling of vaccines and other biologic materials.

Bill Freidel, AIT Worldwide Logistics’ director of life sciences, explained that finding the right equipment can often be a challenge for carriers in support of their life sciences...

https://s29755.pcdn.co/news/greater-focus-on-life-sciences-transport-as-vaccine-nears-release

FreightWaves Flashback: Hapag-Lloyd fleets merge

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.

The following is an excerpt from the October 1970 edition of the Florida Journal of Commerce.

The newly formed Hapag-LIoyd AG commenced their business activities on the first September 1970....

https://www.freightwaves.com/news/freightwaves-flashback-hapag-lloyd-fleets-merge

Government Extends Tax Waiver on Export Freight

  • The Indian government has extended the waiver of the 5% Goods and Services Tax GST on export freight until September 2021.
  • The waiver will be applicable to both air and ocean export freight.
  • The tax relaxation is more crucial in the current scenario as exporters are already facing a double whammy of weak demand and high container rates.

The government of India has extended the waiver of the 5% Goods and Services Tax GST on export freight until September 2021, reports Platts.

GST waiver on...

https://mfame.guru/government-extends-tax-waiver-on-export-freight/

SONAR’s global ocean data foretells upcoming U.S. freight movements (with video)

It was only a few weeks ago that FreightWaves founder and CEO Craig Fuller introduced several new SONAR features as part of the SONAR 7.0 release. One new feature was the “Ocean Shipments Report, which shows U.S. import and export shipment volumes for ocean containers seven days into the future,” Fuller stated on July 21. 

FreightWaves SONARFreightWaves CEO Craig Fuller introduced enhancements to SONAR, including Lane Scorecard, Ocean Shipments Report and Reefer Rates (beta), during the 3PL Summit.

On September...

https://www.freightwaves.com/news/sonars-global-ocean-data-foretells-upcoming-us-freight-movements-with-video

Commentary: Applying AI to decision-making in shipping and commodities markets

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In this installment of the AI in Supply Chain series (#AIinSupplyChain), we explore the topic of decision-making in the shipping and commodities markets.

Before we proceed, it is important to note four characteristics of the freight shipping industry that were highlighted by Roar Adland, a professor of shipping economics at the Norwegian School of Economics. In an

https://s29755.pcdn.co/news/commentary-applying-ai-to-commercial-decision-making-in-shipping-and-commodities-markets

Commentary: 20-foot container crunch may impact harvests

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

The U.S. agriculture industry has faced numerous headwinds during the COVID-19 pandemic, and with harvests just around the corner, there is a trend developing that could impact the availability of the industry’s desired 20-foot containers.

Wheat waving in the breeze.
(Photo: Melissa Askew/Unsplash)

Containership lines’ blank sailings over the past few months...

https://s29755.pcdn.co/news/commentary-20-foot-container-crunch-may-impact-harvests

Fears air freight rates may soar even higher as tech launches loom

Air freight rates could see further increases as forwarders report an up-to-four-week wait for ocean freight bookings from China to Europe.
While transpacific ocean freight is enjoying more capacity, the westbound trade is expected to get “a lot, lot worse”, which could cause a knock-on effect in air freight as frustrated shippers look to move goods faster.
Air prices have been rising for the past fortnight and there are concerns among shippers …

The post Fears air freight rates may soar even...

https://theloadstar.com/fears-air-freight-rates-may-soar-even-higher-as-tech-launches-loom/

Commentary: When is a carrier price gouging?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

There is a lot of talk about the recently soaring spot rates in trans-Pacific container trade. Year-over-year increases of 70% and higher are hard to ignore, especially in the middle of a pandemic – a time when many are working desperately to keep supply chains intact. Shipper associations may become even more concerned given the degree of consolidation among...

https://s29755.pcdn.co/news/commentary-when-is-a-carrier-price-gouging

Commentary: COVID-19 severely impacts the ‘Blue Economy’

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

Since the beginnings of COVID-19, the political rhetoric masking the severity and economic impact of the virus has piled up to levels we have not seen since the U.S.-China trade war. Just as the flow of trade refuted the trade war promises and winning declarations, the same can be applied to the impact and ruthlessness of C-19.

A cargo ship being unloaded at...

https://s29755.pcdn.co/news/commentary-covid-19-severely-impacts-the-blue-economy

+ More