INTTRA release study findings that show 81% of surveyed ocean shippers look to cut costs through e-Invoicing in 2013. The findings were based on a global study of high-volume shippers and freight forwarders that included 4 of the top 5 global logistics providers. Four years of economic volatility have intensified pressure on carriers and shippers to seek new ways to reduce costs and have seen no relief on pressure to increase service levels. One cost reduction method that has demonstrated results across government and commercial sectors is electronic invoicing (e-Invoicing). Once referred to simply as a “best practice,” e-Invoicing is emerging as a critical cost reduction tool for companies in or those impacted by the struggling ocean shipping industry. The 2012 global study found that: 81% of respondents want to receive invoices electronically in 2013. 77% rate “managing disputes” as their greatest invoicing challenge, with reducing the “time and cost to process invoices” as a close second at 68%. The top 10 country e-Invoicing launch preferences for shippers include the United Kingdom, China, the Netherlands, United States, Germany, Singapore, Australia, France, Hong Kong and Italy. "Invoicing, dispute resolution and payment processes are highly fragmented across the industry and represent a significant area of cost and inefficiency,” said Otto Schacht
Wilhelmsen Ships Service (WSS) has won the prestigious title of ‘Best Partner 2011 - Middle East,’ which was presented by the World Cargo Alliance (WCA) at their annual conference in Bangkok earlier this month. “We are honored to have taken this title, and I would like to extend my sincere congratulations to the maritime logistics team in the Middle East for their splendid work throughout 2011,” said Flemming Andersen, Area Logistics Manager Middle East at WSS
U.S. Customs Service Commissioner Robert C. Bonner today announced that Customs will begin taking applications as of August 26, 2002, from brokers, freight forwarders, and non-vessel operating common carriers for membership in the Customs-Trade Partnership program. The program, dubbed C-TPAT, is an initiative between business and government to protect global commerce from terrorism. Unveiled this past April, the program initially sought membership from the importing and global transportation
A Kirkland, Wash.-based freight forwarder involved in the military's program for shipping household goods of military and civilian Department of Defense (DOD) personnel between the U.S. and foreign countries pleaded guilty to criminal offenses related to its participation in that program, the Department of Justice announced today. Criminal charges were filed today in U.S. District Court in Alexandria, Va., against Air Van Lines International Inc. (AVLC). Under the terms of a
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global on-demand software-as-a-service (SaaS) logistics solutions provider, has acquired the logistics business of privately-held Oceanwide Inc. in an all-cash transaction. Oceanwide's logistics business is focused on a web-based, hosted SaaS model suited for customs brokers and freight forwarders who choose to outsource rather than procure or manage traditional enterprise applications behind their own firewalls.
Global full service freight forwarder, SBS Worldwide launched a key ocean freight consolidation service through the US West Coast gateway for its customers in the north of the UK through its Manchester office, the first of a series of planned enhancements this year. Chairman, Steve Walker is certain that as the economic chill hardens, exporters and importers in one of the most important commercial, industrial and retail regions of the UK will welcome his company’s improved services
Dependable Global Express, Inc. (DGX), a global ocean freight forwarder, announces the appointment of Lily Sagherian as its Business Development Manager for DGX's new Middle East Trade Lane service. Ms. Sagherian is fluent in four languages including Arabic and Armenian, and has been in the freight forwarding industry 25 years. In her last position, she was a Trade Lane negotiator and sales person where she managed three trade lanes.
The Bonn port business and freight forwarder Am Zehnhoff-Söns and the French port authority for the Moselle ports have started a direct service to the port of Rotterdam, via the joint venture MMS Multi Modal Shuttle. For the time being shipping line HTAG’s vessels operate a twice-weekly service in either direction. The hub is the port of Bonn on the Rhine. Trial sailings have been under way since April
Shantanu Bhadkamkar, Immediate Past Chairman of Federation of Freight Forwarders Associations In India (FFFAI) was unanimously elected as Chairman of International Federation of Customs Brokers Association (IFCBA) at the Board of Directors Meeting of IFCBA held in Seoul, Korea recently. Bhadkamkar is the Managing Director (Group CEO) of ATC Group,a leading Customs Broker & International Freight Forwarder in India
Amazon.com Inc is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages. Its plans in China, outlined in filings there, include handling cargo and customs for goods headed to ports in Japan, Europe and the United States. Some analysts say the move could help position Amazon to offer shipping services to other companies
A special loading operation has taken place in Bremerhaven, involving Rickmers-Linie’s MV Rickmers Hamburg, a 485-metric-ton Siemens gas turbine, a 465-metric-ton Siemens generator and German project freight forwarder Bertling.
As part of its 20th anniversary celebration, Argosy Transportation Group (ATG) is sponsoring various professional events, and contributing toward initiatives in education within the maritime industry. ATG said it appreciates the importance of investing in young professionals
MSC and INTTRA enter into a new digital partnership to address SOLAS VGM requirements Container shipping company MSC and ocean shipping electronic marketplace INTTRA have entered a new partnership aiming to introduce a customer-friendly solution to new container weight safety
Auditor KPMG says that the mergers and acquisitions (M&A) in the Transport sector will supersede the levels seen in 2015 this year. In 2016, mergers and acquisitions (M & A) in the Transport sector will supersede the levels seen in 2015 by exceeding the £ 52 billion
The index that tracks shipper and freight forwarder confidence in the activity of the U.S.-Europe and Asia-Europe shipping lanes hit its lowest level in December in the index's nearly four-year history, reports Reuters. It has hit by lower margins for European freight forwarders
Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, has started initial trial operations of its Port Community System, ‘Maqta Gateway’, following the successful completion of Stage1 of the overall project development.
Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to
DP World’s British container terminals are to offer container weighing services for UK exporters to determine the Verified Gross Mass (VGM) of each container ahead of new legislation coming into effect from the July 1, 2016.
True to its annual tradition the port of Antwerp is organizing a trade mission to India in February this year. Port Authority chairman Marc Van Peel will be accompanied on his visit to Delhi and Mumbai by Pieter De Crem, the Belgian secretary of state for Foreign Trade
Tomorrow, five prominent members of the Agriculture Transportation Coalition (AgTC) will explain the major detrimental impact that the Safety of Life at Sea (SOLAS) Container Weight Documentation Amendment will have on the US agriculture and forest products export industry
The U.S. Federal Maritime Commission (FMC, the federal agency responsible for regulating the nation’s international ocean transportation, has completed compromise agreements recovering a total of $520,000 in civil penalties, announced FMC Chairman, Mario Cordero.
GAC has reinforced its long-term commitment to the oil & gas industry with the addition of a Group Vendor Manager to its dedicated Oil & Gas team. Based at the Corporate HQ in Jebel Ali, Dubai, Madhu Vallur, oversees third party suppliers and agents GAC works with to support the sector
Hutchison Ports (UK) Limited in its latest ship2shore Magazine takes a look at methods of weighing containers. Half a century after containerization first emerged to transform the world of shipping, a landmark new regulation is on the horizon.
THE International Federation of Freight Forwarders' Associations (FIATA) has called for enhanced communication from container shipping lines ahead of the deadline by which new IMO regulations requiring verification of a freight container’s gross mass become mandatory.
Rotterdam Mayor Ahmed Aboutaleb will take the 550th anniversary of the Rotterdam philosopher Erasmus’s birth as an occasion to visit Basel. During the Mayor’s visit Rotterdam will renew its existing Memorandum of Understanding (MOU) with the Swiss city