Shippers increasingly unhappy with the performance of shipping lines

Shippers and forwarders are increasingly dissatisfied with the performance of shipping lines, according to a new survey. 
This is in direct contrast to air freight, where 16% of shippers were “very happy”with their transport provider, against 6% of box line customers. 
Lack of clarity on container line charges, transit times and reliability scored the lowest on the satisfaction survey, carried out by Drewry and the European Shippers’ Council.
Overall, ocean carrier customer …

The post Shippers...

Whitepaper: Freight Rates May Rise Due To IMO 2020

  • Carriers and shippers are bound to face uncertainty due to IMO 2020 regulation because fuel costs constitute over 50% of operating expenses.
  • Seabury Maritime published a white paper on March 4th, in cooperation with Gemini Shippers Group,providing statistics.
  • It expects an increase of USD 600 in present costs of shipping a container from China to the USEC.
  • Several factors affecting a carrier’s calculation of the fuel surcharges make transparency extremely important to build trust.

Carriers and...

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...

Shippers wanted!

ESC is encouraging shippers to join European proposals to guide innovation for more effective supply chains. Indeed, the European Commission’s wish to have shippers involved in funded projects is getting more and more expressive. ‘This is the best possible guarantee for innovation to be implemented’, they say!

Through different funding programmes the European Commission pushes the current transport system towards a maximum use of digitalisation and to zero emissions.

By participating in funded...

Shippers improve supply chain with support from EC

The efficiency of freight transport is a key for the competitiveness of EU transport, economy, and the functioning of the internal market. This is even more so, since freight transport has increased in the EU by almost 25 % over the last 20 years and, according to the European Commission, it is projected to increase by 50 % by 2050. The European Commission recognizes this challenge and will address it through many instruments, like legislation and financial support.

This financial support...

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