215 Magic Port – Ship agents makes it all happen

The future is digital

Listen to Pacmar, an experienced Singapore-based ship agent who recently embarked on their digital transformation journey with MagicPort‘s Ship Agency solution. Capt Sitki Kok, the founder,  joins us, and Mr Osman Budak, the Operations Manager for their agency business.

Together with Magoic Port, we will create dedicated content focused on the digital transformation journeys of these crucial maritime industry players in a series of podcasts. This episode focuses on the Ships...

https://shippingpodcast.com/215-magic-port-ship-agents-makes-it-all-happen/

Check Call: The battle is over

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

Inside this edition: The battle over broker transparency might finally be over; carrier retention helps in the long term; and the claim for TravelCenters of America gets another player. 

Image: Meme-arsenal

2020 was a big...

https://www.freightwaves.com/news/check-call-the-battle-is-over

The benefits of transparency and technology in a softening market

The trucking industry is highly cyclical, and each cycle has its own challenges. In the past few years, demand has been high due to challenges related to the many shutdowns during the COVID-19 pandemic and, more recently, the driver shortage. 

However, while freight demand is still present, the industry is seeing a softening. But according to Spencer Hennigar, vice president of sales at Convoy, this particular softening demand cycle has proved to be a little different from those in the past.

“One...

https://www.freightwaves.com/news/the-benefits-of-transparency-and-technology-in-a-softening-market

New climate disclosure rule designed to create transparency

The Securities Exchange Commission, in a 3-to-1 vote, has given initial approval of a rule that would require all public companies to report on the climate-related impact of their businesses.

“The SEC is doing this, not just as a climate activist organization, but from an investment, risk-management perspective to make sure those who are investing in companies have enough information to determine how they are going to deploy capital,” said Tyler Cole, director of supply chain intelligence at...

https://www.freightwaves.com/news/new-climate-disclosure-rule-designed-to-create-transparency

SourceMap raises $10M to step up supply chain transparency and traceability

SourceMap raises $10 million in series A funding round

Amid Russian aggression in Ukraine, companies with suppliers in the region have a challenge to overcome. With supply lines between the region and the rest of the world beginning to sever, brands that source their parts and raw materials from Russia and Ukraine will need to start looking elsewhere, but transitioning to a new supplier that fits is no small task.

That’s not to say it can’t be done. In a bid to make procurement less of a headache for retailers, supply chain due diligence platform Sou...

https://www.freightwaves.com/news/sourcemap-raises-10m-to-step-up-supply-chain-transparency-and-traceability

GSCW chat: Auto suppliers adapt to supply chain constraints

Experts discuss how visibility and blockchain technology are impacting the automotive industry.

This fireside chat recap is from Day 4 of FreightWaves’ Global Supply Chain Week.

FIRESIDE CHAT TOPIC: How automotive suppliers have addressed supply chain constraints.

DETAILS: FreightWaves analyst Tony Mulvey chats with Rak-Joon Choi about how the automotive industry, from OEMs to aftermarket equipment manufacturers, has faced significant disruptions while undergoing a new wave of technological advancements. 

SPEAKER: Choi is the vice president of business development and strategic partners at To...

https://www.freightwaves.com/news/gscw-chat-auto-suppliers-adapt-to-supply-chain-constraints

Ship Recycling Transparency Initiative gets 31st member: Volkswagen

Volkswagen signed on to the Ship Recycling Transparency Initiative.

Volkswagen Group Logistics joined the Ship Recycling Transparency Initiative (SRTI) as its 31st signatory on Thursday.

Launched in 2018, the SRTI is “focused on safe and responsible ship recycling at the end of life for vessels” and improving transparency in the ship supply chain, Andrew Stephens, executive director at the Sustainable Shipping Initiative (SSI), told FreightWaves in a previous interview.

The SRTI is an independent initiative hosted by the SSI, a multi-stakeholder effort aimed at...

https://www.freightwaves.com/news/ship-recycling-transparency-initiative-gets-31st-member-volkswagen