Shipment Management News

CargoSmart, the provider of global shipment management software solutions, announced its brand-new CargoSmart Connected Reefer Solution, a one-stop reefer cargo management solution for ocean carriers and shippers.The AI and IoT-enabled solution features end-to-end information transparency, including enhanced reefer container Pre-Trip Inspection (PTI) support, real-time container status monitoring updates, and predictive cargo arrival status. It allows carriers to offer best-in-class performance to shippers with lowered operating costs. COSCO SHIPPING recorded substantial in reefer container PTI costs after adopting the solution, while…

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group have signed up with it.As per the agreement, each signatory commits to provide resources to support preparatory work required to establish the GSBN, a not-for-profit joint venture to accelerate the digital transformation of the shipping industry.The preparatory work includes obtaining all necessary regulatory…

Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology.According to a statement, the participants include COSCO Shipping Lines, CMA CGM, Evergreen Marine, OOCL, Yang Ming, DP World, Hutchison Ports, PSA International and Shanghai International Port, as well as software solutions provider CargoSmart.The new platform will establish a digital baseline that aims to connect all stakeholders, including carriers, terminal operators…

MOL Liner Ltd. announces the December 2016 results of Regional Key Performance Indicators (KPI) in the Americas in the following categories:  customer service, and electronic data interchange (EDI). The results are available on a monthly basis and posted in greater detail at www.CountOnMOL.com. The results of the Shipment Management Center Customer Commitments are included. See table. *The target was modified from 20 seconds to 120 seconds, effective with January 2015. It was again modified to 90 seconds, effective with September 2015 and the establishment of the Shipment Management Center Customer Commitments. **The target has been increased from 90% to 95%, effective with January 2015. ***The target has been modified effective in January 2015. The target was previously ”within 72 hours”.

South Africa-based School of Shipping, which offers adults an education in maritime studies specifically relating to importing and exporting, and INTTRA, the world's ocean shipping electronic marketplace, announced a collaboration through which School of Shipping students will make use of INTTRA's training environment as part of their coursework. Students will be able to simulate shipment management for the ocean stages of container transport. That process includes planning container bookings through Ocean Schedules (INTTRA's search tool to identify sailings), executing bookings, submitting shipping instructions and container weight information for SOLAS VGM compliance, tracking containers and a range of other functions.

Ocean carriers achieved a six-month high for liner service reliability in May, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The on-time average of 76.0% for the 10 trades covered was a 4.1 point improvement on April, representing the third straight month-on-month rise. Along with the better on-time performance so to there was an improvement for the average deviation from the expected arrival at port, which came down from 0.9 days in April to 0.8 days in May, the lowest it has been since December 2015. Eight of the 10 routes covered recorded month-on-month increases in May, the exceptions being Asia-Africa, down by 11.9 points to 772.5%, and Asia-South America that dropped by 1.5 points to 75.7%.

CargoSmart Limited has announced that its customers are preparing to submit the verified gross mass (VGM) of their cargo through CargoSmart's platform to comply with the new Safety of Life at Sea (SOLAS) Convention requirements that go into effect on July 1, 2016. CargoSmart is a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking. Nippon Express, Globaltransol, and Al Dahra ACX Global are three companies that have selected to submit the VGMs through CargoSmart's platform. In addition, thousands of shippers and freight forwarders have signed into CargoSmart's website to become familiar with the application, set up protocols, and train colleagues.

Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The average on-time performance in March gained 5.5 points against February to reach 68% with an average deviation from the expected arrival at port of 1.0 days. The improvement seen in March was expected as services returned to closer to operational normality after Chinese New Year in February when carriers tinkered with ever more void sailings to mitigate weaker demand. Indeed, eight of the 10 trades covered reported monthly improvements in reliability with the biggest seen in the Asia-Oceania and Europe-Middle East trades…

Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The average on-time performance in March gained 5.5 points against February to reach 68% with an average deviation from the expected arrival at port of 1.0 days. The improvement seen in March was expected as services returned to closer to operational normality after Chinese New Year in February when carriers tinkered with ever more void sailings to mitigate weaker demand. Indeed, eight of the 10 trades covered reported monthly improvements in reliability with the biggest seen in the Asia-Oceania and Europe-Middle East trades…

CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced that it offers free solutions for shippers to provide the verified gross mass (VGM) of their cargo to their carriers to comply with the new requirements from the Safety of Life at Sea (SOLAS) Convention. CargoSmart is working with more than 70 ocean container carriers and terminals to provide shippers with flexible and integrated solutions to manage the VGM submission process effectively and smoothly. Starting on July 1, 2016, global shippers are required to provide a verified gross mass of each container, including the cargo contents and the weight of the container, before it is loaded on a vessel.

CargoSmart Limited, a shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced that COSCO Container Lines Co. Ltd. (COSCON) has started to implement CargoSmart’s online customer service and ocean carrier analytics solutions. The customer service solutions provide COSCON with process-oriented documentation and visibility tools for its customers to manage their shipments online. The carrier operations solutions help COSCON to optimize their vessel operations. Using predictive analytics, COSCON leverages CargoSmart’s global vessel and route data to improve planning, marine operations, and cost savings. Increased visibility to vessel operation exceptions and potential disruptions enables COSCON to respond faster and save costs.

CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced it has added premium features to its sailing schedule search engine, Big Schedules. Available on a subscription basis, the new features allow shippers and logistics service providers to have deeper insights into their shipment planning through sailing schedules and live vessel tracking. Snce its launch in July 2015, nearly 4,000 registered users have made more than 238,000 searches through the Big Schedules sailing schedule search and vessel tracking platform. Ongoing supply chain disruptions around global ports…

Containership reliability took a small step backwards in October as the average on-time performance across all trades reached 77.9%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The latest result is based on reliability across 10 deep-sea container trades, instead of the three East-West trades as was previously measured up to and including September 2015, when the aggregate on-time result was 79.9%. The expanded coverage is part of an upgrade to Drewry’s Carrier Performance Insight, which now covers 69 ports and 809 port pairs, and also includes new functionality to download data from the monthly release in both Excel and PDF formats.

Breaking a run of six consecutive months of improvement, container service reliability across the three main East-West trades declined in July, falling by 4.0 percentage points from June to 73.3%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The latest overall monthly performance was the result of lower reliability scores in the Asia-Europe and Transpacific trades, although service punctuality for the far smaller Transatlantic route was raised to a new data series high.

CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, has announced Big Schedules, a new sailing schedule search platform that helps shippers and logistics service providers manage and visualize their ocean routes. Big Schedules actively sources ocean carriers’ published sailing schedules and live vessel location data in order to provide personalized search results for faster and greater insights to improve their shipment planning. The new, free sailing schedule search engine is available on the website.

Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight , the online schedule reliability tool provided by Drewry Supply Chain Advisors. The previous best since Drewry’s new data series started in May 2014 was achieved in October last year (64.3%) after which the industry struggled to cope with heavy port congestion on the US West Coast and the implementation of new alliance partnerships and services.

Maersk Line and Hamburg Sud are ranked as the two most reliable container shipping carriers, according to performance rankings published in the new online version of the Carrier Performance Insight (http://cpi.drewry.co.uk) published by shipping consultancy Drewry. Maersk Line and Hamburg Süd were by far the most reliable carriers in the three months to October 2014 with overall on-time performances of 80.4% and 78.5% respectively. The next best performing carrier was Cosco at 69.9%…

Shipping consultancy Drewry and shipment management software solutions provider CargoSmart have expanded their cooperation agreement to cover a broader exchange of market intelligence data on the container shipping market. The two companies first announced their cooperation agreement in April 2012, when Drewry began using data from CargoSmart to augment its coverage of ocean carrier service reliability on key container shipping trades. “This broader collaboration will enable Drewry to take greater advantage of the data available from CargoSmart’s system…

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, FP Marine Risks’ online insurance platform. Effective immediately, shippers can click a link to request a quote from FP Marine Risks through the INTTRA platform, embedding the ability to purchase cargo insurance into their shipping workflow – automating and streamlining the insurance buying process and eliminating duplicate, error-prone data entry. Insurance certificates are issued online and serviced by Lloyd’s of London broker FP Marine Risks.

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, accounting and customer service operations. The solution also enables Total Customs Services to effectively collaborate with customers to electronically transmit the advance importer data required by the Canada Border Services Agency's (CBSA) Advance Commercial Information (ACI) eManifest program. Descartes' cloud-based Canadian Customs Brokerage solution is an enterprise-class application that handles the functions that a customs broker…

Green Marine, a program aimed at improving the shipping industry’s environmental footprint, announced that New York-based Roymar Ship Management has become its newest participant. Roymar, a wholly-owned subsidiary of TBS International, manages TBS' entire international fleet including 50 multipurpose vessels and bulk carriers. With a client base of approximately 300 customers in 20 countries, TBS has developed its business around key trade routes between Latin America and China, Japan and South Korea, as well as ports in North America, Africa, the Caribbean, and the Middle East transporting steel products, project cargo, general and dry bulk cargo. Roymar, based in Scarsdale, NY, becomes the 50th company and the first major U.S.-based shipowner to join Green Marine.

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.

Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has entered into a new agreement for terminal operations at the Port of Oakland. Horizon Lines has teamed with Ports America, the largest terminal operator and stevedoring company in the Americas, to service cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia. Horizon Lines operations are located at 1599 Maritime Street. Ports America brings state-of-the-art technology and superior terminal services expertise to help deliver efficient gate and vessel operations to Horizon Lines' customers. Service…