Shipco Transport

CMA CGM hit with US$2 million fine by FMC

The United States Federal Maritime Commission (FMC) has entered into an agreement with French ocean carrier CMA CGM, after the investigations by the Commission’s Bureau of Enforcement, Investigations, and Compliance (BEIC).

CMA CGM paid US$1,975,000 to resolve allegations that it overbroadly defined and applied its definition of merchant in a bill of lading to demand payment from a third party who should not have been billed.

According to FMC’s statement, the Marseille-based shipping company has...

https://container-news.com/cma-cgm-hit-with-us2-million-fine-by-fmc/

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

Trans-Atlantic LCL steady despite COVID-19

ocean freight

Ocean freight consolidators and forwarders have taken comfort in less-than-container-load (LCL) volumes and services in the U.S. trans-Atlantic trades, despite the ongoing economic headwinds caused by the coronavirus pandemic.

In recent months, more American and European shippers have turned to LCL services as a cheaper alternative to air freight and a way to counter ocean carrier service disruptions involving full-container-load (FCL) transport.

“Owing to the higher FCL and airfreight charges,...

https://www.freightwaves.com/news/trans-atlantic-lcl-steady-despite-covid-19

Freight consolidator Shipco sweeps away LCL ‘touch points’

Shipco Transport

Paper documents still dominate much of the labor-intensive less-than-containerload (LCL) pickup and delivery process at U.S. container freight stations (CFSes), but the coronavirus pandemic and state government social distancing measures to prevent its spread are hastening the drive to create a totally paperless and contactless environment.

Shipco Transport and its CFS subsidiary International Container Terminals (ICT), which had prior to COVID-19 implemented a warehouse management application...

https://s29755.pcdn.co/news/freight-consolidator-shipco-sweeps-away-lcl-touch-points

Expedited trans-Pacific LCL filling a growing niche

Southern California ports

Major ocean freight consolidators in the U.S. market see no shortage in demand for expedited less-than-container load (LCL) service requests from freight forwarders during the ongoing global pandemic.

These services promise roughly 12-day port-to-port transits between China’s dominant seaports and Los Angeles and Long Beach in Southern California, compared to mostly standard, monthlong ocean transits for eastbound, trans-Pacific container traffic.

Although expedited LCL services are three to four...

https://www.freightwaves.com/news/expedited-trans-pacific-lcl-filling-a-growing-niche

More air cargo finds its sea legs during COVID-19

Escalating airfreight transportation rates and capacity shortages out of China in recent months due to the coronavirus pandemic have led many shippers to try hybrid services that combine sea and air modes.

So-called “sea-air” services offered by some global freight forwarders and non-vessel-operating common carriers (NVOCCs) have been around for decades, but they tend to come and go depending on airfreight market conditions.

Mortan Bach, global chief commercial officer, Shipco Trasport (Courtesy...

https://s29755.pcdn.co/news/more-air-cargo-finds-its-sea-legs-during-covid-19