Shipping

How barcoding changed vehicle shipping in 1992

Every week, 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.

This article comes from the August 1992 issue of American Shipper and explains how longshoremen first worked with barcodes while shipping Chrysler vehicles, making the process “nearly mistake-proof.”

Barcode technology reduces the chances of misplacing a vehicle in transit from one per voyage to one every 50

Sat...

https://www.freightwaves.com/news/how-barcoding-changed-vehicle-shipping-in-1992

Container shipping giant CMA CGM still earning over billion a quarter

chart of CMA CGM financial KPIs

The bad news for France’s CMA CGM, the world’s third-largest ocean carrier: Profits continue to slide. The good news: The company is still raking in over a billion a quarter, net profits and revenue per container are still well above pre-COVID levels, and it still has a huge cash cushion courtesy of its boomtime windfall.

CEO Rodolphe Saade said Friday that “performance remains robust” despite “difficult market conditions” amid “further normalization” of shipping rates.

Liquidity still high at...

https://www.freightwaves.com/news/container-shipping-giant-cma-cgm-still-earning-over-billion-a-quarter

219 Empowering Women in Transport: the maritime industry and the Role of the EU, part 2

Panel discussion in the European Parliament June, 27th 2023, part 2

Episode 219 is the second part of the panel discussion in Brussels organised by Ms Vera Tax, MEP, to raise awareness amongst the maritime community and policymakers about the importance of women and how to improve working conditions in the sector. 

The participants have generously permitted me to share with you what we discussed. 

You will hear five panellists (besides me) speaking;

  • Ms Line Heimstad, Deputy Head of Agreement,...

https://shippingpodcast.com/219-empowering-women-in-transport-the-maritime-industry-and-the-role-of-the-eu-part-2/

Corporate governance in shipping: Who’s been naughty or nice?

Shipping has long suffered an image problem on Wall Street, fueled by perceptions that some shareholders have been ripped off by self-dealing management.

No analyst has focused on the fair treatment of shipping’s common stockholders more than Michael Webber. He has published an annual corporate governance scorecard for shipping since 2016, until 2019 at Wells Fargo and since then at his own firm, Webber Research & Advisory.

Bulker owner Genco Shipping & Trading (NYSE: GNK) ranks first in this...

https://www.freightwaves.com/news/shipping-corporate-governance-whos-been-naughty-or-nice

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