Transpacific Stabilization Agreement carriers announce September 1 rate hike

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Transpacific Stabilization Agreement carriers announce September 1 rate hike

Member container shipping companies in the Transpacific Stabilization Agreement have announced an across the board general rate increase (GRI) of $600 per FEU to all destinations. Reason for the planned GRI is due to continued strong demand and high vessel utilization levels in the past few months. They anticipate the strong demand lasting through September. [...]

Maersk Line Revives Sealand Name

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Maersk Line Revives Sealand Name

Maersk Line recently announced the the formation of a regional containerized shipping company that will service the intra-Americas region. The name of the new affiliate will be called Sealand. According to a Maersk Line press release, the new affiliate will operate similar to the company's other regional carriers including; intra-Asia carrier MCC Transport and intra-Europe [...]

Media release: TOC CSC EUROPE

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Media release: TOC CSC EUROPE

Media release: TOC CSC EUROPE   Big box shippers gather to assess global outlook for oceanfreight and landside container logistics at 38th TOC Europe Conference & Exhibition    America Chung Nam, Heineken, Heinz, IKEA, Shop Direct and Stanley Black & Decker among leading cargo owners confirmed to take part at TOC Container Supply Chain Europe [...]

“2013 Outlook – New Supply Chain Strategies for The Asia Era” – Mark Millar

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 “2013 Outlook – New Supply Chain Strategies for The Asia Era” - Mark Millar

As a result of recent and rapid developments in worldwide commerce, we have seen supply chains evolve into complex international networks, which can no longer adequately be described using the linear concept of a ‘chain’. The depth and breadth of complexity, connectivity and inter-dependencies involved in today’s international commerce has resulted in the emergence of [...]

Future 3PL Factors to Consider

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Future 3PL Factors to Consider

A growing number of companies are relying on 3PL providers to manage some or all of their supply chain networks. For example, a majority of companies in the computer industry rely on 3PLs. The industry has changed considerably, from freight forwarding in the 70s, increasing service offerings in the 80s and 90s, to web-based 3PLs [...]

Zepol Reports April Vessel Imports Rise 9.2%

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Zepol Reports April Vessel Imports Rise 9.2%

FOR IMMEDIATE RELEASE: Zepol Reports April Vessel Imports Rise 9.2% Vessel imports show large increases for the second consecutive month MINNEAPOLIS, May 10, 2012 — Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for April, measured in TEUs, increased 9.2% from March and 7.2% from April of 2011. So far [...]

Streamlining the Employee Assessment Process – Easy, Low Cost Fixes

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Streamlining the Employee Assessment Process - Easy, Low Cost Fixes

Streamlining the Employee Assessment Process - Easy, Low-Cost Fixes One of the most complicating problems with an employee assessment system is that it becomes so darn bureaucratic over time. Paper-reliant approaches teach managers to rely too much on forms to communicate supervisorial desires rather than just communicating them directly to employees. Supervisors learn to hide [...]

Selecting your 3PL Provider – By Mark Millar

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Selecting your 3PL Provider - By Mark Millar

Outsourcing More to Less Recent studies confirm that companies are now outsourcing more of their logistics activities - and they are outsourcing to a fewer number of service providers. Therefore, the selection of your Third Party Logistics (3PL) provider is becoming increasingly important to empower effective and efficient supply chain ecosystems that are essential for [...]

Exploring Logistics in Developing Markets of China, India and Vietnam – By Mark Millar

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Exploring Logistics in Developing Markets of China, India and Vietnam - By Mark Millar

In developing markets, logistics activities involve a range of challenges and opportunities: Opportunities revolve around the fact that the developing markets are experiencing rapid economic growth and the resulting increase in trade and commerce drives increasing demand for logistics services. Challenges are many and varied, with the top three consistently being limitations in infrastructure, bureaucratic [...]

Hong Kong – Leading Global Logistics Hub – By Mark Millar

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Hong Kong - Leading Global Logistics Hub - By Mark Millar

Hong Kong is one of the world’s leading logistics hubs. Its strategic location makes it both the Heart of Asia – half the world’s population are within a five hour flight, and China’s Gateway – providing access into and out of the world’s second largest economy and fasting growing consumer market. Business Confidence is High [...]

Incoterms : FAS – Free Alongside Ship

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Incoterms : FAS - Free Alongside Ship

FAS FAS - Free Alongside Ship - is a less commonly known or used incoterm. It is used most commonly in sales of bulk cargo such as grains, oil, etc. Personally I have never seen it used, but then again I have never been involved in the logistics of bulk cargo. In FAS - Free [...]