PIL, IBM to Implement Electronic Bill of Lading
Singapore’s containership operator Pacific International Lines (PIL) collaborates with IBM Singapore in another blockchain trial to design and create an electronic bill of lading which will significantly enhance the documentation process in supply chain management.The PIL-IBM collaboration was supported by Maritime and Port Authority of Singapore, Singapore Shipping Association, Infocomm Media Development Authority, Singapore Customs (National Trade Platform), and Bank of China Limited Singapore Branch (BOC).A Bill of Lading is the crucial piece of documentation in the facilitation of international trade as it contains legal and commercial information such as: Evidence of contract of carriage…
Descartes Acquires Impatex
Descartes Systems Group, a global company uniting logistics-intensive businesses in commerce, acquired Impatex Freight Software Limited, a provider of electronic customs filing and freight forwarding solutions in the U.K. Impatex brings more than 200 freight forwarder customers to Descartes’ Global Logistic Network, with the majority of these in the U.K. By combining Impatex’s leading U.K. customs and forwarding solutions with Descartes’ global community of logistics participants and logistics management solutions…
Descartes Acquires KSD Software
Descartes Systems Group, a global company in uniting logistics-intensive businesses in commerce, acquired KSD Software Norway AS (KSD), a Scandinavia-based provider of electronic customs filing solutions for the European Union (EU). The EU customs compliance market is characterized by a complex framework of member states; each with different regulations, languages and systems. Transportation carriers, logistics intermediaries and shippers have looked to technology partners, like Descartes and KSD, to help them manage this complexity. KSD brings more than 1,300 customers to Descartes’ Global Logistic Network, with the majority of these companies based in Scandinavia.
Konecranes Receives Container Handling Crane Order
In March 2011 Konecranes received its first container handling crane order from South Africa. Transnet Capital Projects, a specialist unit of South African rail, port and pipeline company Transnet Limited, ordered three RMG (rail mounted gantry) cranes to be used for intermodal operation in Johannesburg. The RMG cranes will be delivered to the City Deep Container Terminal in Johannesburg in 2012. “We are extremely proud of this first RMG order to South Africa and to Transnet,” says Antoine Bosquet, Sales Director, WEMEA, Port cranes at Konecranes.
Sinotrans Joins CGLN Bringing Over 200 Offices
Sinotrans Ltd. of the People’s Republic of China, has agreed to join China Global Logistic Network, (CGLN). As a flagship of integrated logistics in Sinotrans Group, Sinotrans Ltd. inherited its over fifty-years of experience in logistics and transportation, customer base and brand. Under the Ministry of Commerce with over 200 offices, and over 24,000 employees, they will become part of CGLN with the exclusive goal of working only with other CGLN members worldwide.
