Freight Forwarders
Ocean Shippers Turning to e-Invoicing
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
WSS Middle East Wins World Cargo Alliance Award
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
Customs Set to Begin Third Phase of C-TPAT
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
U.S. Freight Forwarder Pleads Guilty to Criminal Charges
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 Acquires Oceanwide Logistics
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.
SBS Worldwide Enhances Services
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
FMC Budget Request
The Administration requests $19.5 million for the operation of the Federal Maritime Commission for fiscal year 2005. Approximately $18.4 million was appropriated for FMC operations in fiscal year 2004. The FMC is a five member independent agency responsible for enforcing international shipping rules and regulations involving carriers (container ship operators), shippers (companies owning goods to be transported), and transportation facilitators such as freight forwarders
McGraw-Hill Education Selects SBS Worldwide for Freight Deal
Academic publisher, McGraw-Hill Education, has appointed SBS Worldwide as its freight forwarder and supply chain partner of choice for all inbound air and sea consignments. SBS will manage the logistics of cargo being delivered to the McGraw-Hill Education EMEA headquarters in Maidenhead, Berkshire, which will include inbound shipments from a diverse range of locations, such as USA, Australia, Hong Kong and Singapore
ASEAN Ports and Shipping 2012 Scheduled
Indonesia Port Corporation I, II, III and IV will bring the ASEAN Ports and Shipping Exhibition and Conference event to Jakarta by hosting the 10th annual event at the luxurious five-star Hotel Indonesia Kempinski, Jakarta on Wednesday and Thursday May 30 and 31, 2012. There will be a two days Conference featuring 35 world-class senior executive speakers who will analyze latest global transport and logistics challenges and opportunities
Claudio Bozzo Selected As 2013 Person of the Year
NY/NJ Forwarders & Brokers Association to present award on January 25 in New York The New York/New Jersey Foreign Freight Forwarders and Brokers Association (NY/NJ FFFBA) has selected Claudio Bozzo, President and CEO of Mediterranean Shipping Company (USA) Inc., to receive the "2013 Person of the Year" Award. For nearly 100 years, this award has recognized those who have significantly impacted the region's global trade community.
INTTRA to Offer Cargo Insurance on e-Commerce Network
Hong Kong headquartered FP Marine Risks provides insurance program to INTTRA network members via INTTRA's e-commerce platform. Leveraging the buying power of the INTTRA network, INTTRA members can elect to purchase cargo insurance at competitive rates during the shipping process through Alto
Total Customs Services Improves Operations
Descartes Systems Group, a global leader in uniting logistics-intensive businesses in commerce, announced that Total Customs Services is successfully using Descartes' cloud-based Canadian Customs Brokerage solution to improve shipment management, customs filing, security compliance
CII to Host Important Panama Canal Houston Event
The Containerization & Intermodal Institute (CII) organized seminar focuses on the Panama Canal, the update on U. S. export initiatives and breakbulk shipping. Michael Masserman, Executive Director for Export Policy, Promotion & Strategy, International Trade Administration
Second Consecutive Decline for Stifel Logistics Confidence Index
The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1
C.H. Robinson Worldwide to Acquire Phoenix International
C.H. Robinson Worldwide to acquire Phoenix International for $571.5 million in cash & about $63.5 million in newly-issued C.H. Robinson stock. Founded in 1905, C.H. Robinson Worldwide, Inc., is a global provider of multimodal transportation services and logistics solutions, serving over 37
Inchcape Teams Up With Palumbo
Maritime services provider Inchcape Shipping Services signs strategic partnership with offshore logistics & freight forwarder Palumbo S.P.A. to form ISS Palumbo. S.r.l. The new partnership combines ISS’s worldwide network with Palumbo’s core capabilities in providing offshore
GAC Pindar Teams Up with TNL International
GAC Pindar forms a new venture with global freight forwarder TNL International to offer specialist marine leisure logistics services. The new partnership, named TNL GAC Pindar, is headquartered in Auckland, New Zealand. It serves Australia, New Zealand and the Pacific Islands
Hapag-Lloyd Gets Four of the 'Best'
Staff from four leading international forwarders have voted Hapag-Lloyd the best shipping line for 2012. Four leading international forwarders have crowned Hapag-Lloyd as their best partner as follows: Kühne + Nagel (“Best Carrier Award”) and DB Schenker (“Ocean
Logistics Confidence Index Again on the Increase
Stifel Nicolaus Logistics Confidence Index suggests the current market remains weak, however the outlook is increasingly positive. The Stifel Nicolaus Logistics Confidence Index increased for the third consecutive month in January 2013, according to the latest industry study undertaken by
GAC Pindar Deliver Large US-built Motorboat to NZ
GAC Pindar in J/V with global freight forwarder TNL International, deliver a 7.6 mt Stamas boat from Georgia USA to Aukland, New Zealand. The privately owned motorboat, which is 3.93 metres high and 12.58 metres long overall, was handled with care for its 15,000km voyage
Dubai Trade Award for WSS
Wilhelmsen Ships Service (WSS) awarded 'Freight Forwarder of the Year' prize at the Dubai Trade awards ceremony. The awards recognise the achievements of the region’s most active online performers and were attended by representatives from DP World and Dubai Trade as well as key dignitaries
Chris Slotten Joins Globe Express Services
Globe Express Services appoints global logistics veteran Chris Slotten as Chief Commercial Officer & Senior Vice-President. Globe Express Services, one of the world’s top 100 global logistics providers with a market presence in over 80 countries
Chinese New Year Bolsters Confidence
The Stifel Logistics Confidence Index increased for the fourth consecutive month in February 2013, according to the latest survey undertaken by Transport Intelligence. The index combining both the current and expected situation rose 3.3 points to 52.1 from 48.8 in January.
INTTRA Study: Shippers Cutting Costs through e-Invoicing
INTTRA released findings of 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
Descartes Holds Education Sessions Globally
Descartes Systems Group announced that in conjunction with Nippon Automated Cargo and Port Consolidation System (NACCS) it has launched a number of education sessions around the world to help ocean carriers and forwarders prepare for the upcoming Japan Advanced Filing Requirement (AFR)
