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Courier Services News

02 Jun 2019

CargoX's Blockchain B/L Test Successful

The new dry bulk shipping company G2 Ocean and emerging markets specialists Manuchar have announced the successful trial of CargoX’s blockchain-based Smart Bill of Lading (B/L) Solution, and in doing said the traditional bill of lading is “ready for retirement."According to a statement form G2 Ocean, a joint venture of two of breakbulk and bulk shipping companies - Gearbulk and Grieg Star, the two companies concluded their test of the blockchain-based B/L system in April.“Paper Bills of Lading are already considered a historic artefact. The Smart B/L solution gives both us and our clients the power of a modern, reliable, and efficient tool. It will bring cost optimization and improved data security into their processes.

24 Aug 2018

CargoX Goes Live with First Blockchain-based Bill of Lading

The container, processed with the revolutionary new blockchain-based CargoX Smart Bill of Lading, has been released successfully in the Port of Koper, Slovenia (EU), where it arrived on Sunday, 19 August 2018,  completing its journey from Shanghai (China) aboard the cargo ship Ever Safety, and was shipped by one of the world’s largest freight forwarders.The Bill of Lading for this shipment has been issued electronically and transferred with the help of an ultra-secure and reliable public blockchain network in just minutes instead of days or weeks, and the chances of loss, theft or damage to the Bill of Lading have been dramatically reduced to near-zero.At $15…

17 Apr 2014

DHL Expects Immunity in Price Fixing Investigation

Deutsche Post expects its DHL forwarding business to be granted immunity from prosecution and fines by Singapore antitrust authorities, who are investigating 11 companies for alleged price fixing, the German logistics company said. The Competition Commission of Singapore (CCS) said this month it was investigating 11 freight forwarding companies, including Deutsche Post unit DHL Global Forwarding, for alleged price-fixing of air freight forwarding services. Deutsche Post told Reuters last week that the probe related to pricing and surcharges in the forwarding industry from 2002 to 2007. Forwarders buy cargo space from airlines, shippers and truckers and bundle shipments for customers, such as carmakers, high-tech firms and agriculture firms.

16 Jun 2010

Global Boat Transportation Alliance

PSP, which provides worldwide freight forwarding, express courier services and packing as well as boat transportation, is launching a global boat transportation alliance to give its customers a seamless global service. The company has chosen firms in Germany, Italy, Spain, India, South Africa, China, Dubai, Australasia, the USA and Antigua to join the affiliation. By creating an alliance, PSP will be able to strengthen its position within the market, running its own sailings, services and charters and becoming less dependent on shipping lines.

25 Feb 2009

FCS Logistics Renamed GreenCarrier Finland

The IATA approved Finnish forwarding company Oy FCS Logistics Ltd has been renamed GreenCarrier Finland Oy, with effect from 23 February, 2009. All contact details will be unchanged with the exception of e-mail addresses, which will adopt the style [email protected]. The company’s new website address will be www.greencarrier.com. FCS Logistics was acquired by the Gothenburg-headquartered logistics specialist GreenCarrier International in June 2008 as part of its strategy to strengthen its position in the Nordic region. Founded in 1995, FCS offers international air and sea container transport services and as an IATA approved forwarder, the company has contracts with major airlines around the world. It also offers charter transport and on-board courier services.

10 Oct 2005

ITIC Urges Brokers to Call

Intermediaries Club (ITIC). receipt of not only demurrage statements but all time sensitive documents. to charterers. policy for claims to be sent electronically. costs, it can also be unreliable. it," says the Club. the principal to check that the message has been received. prevented by a simple phone call. charterparty. money," says ITIC. forwarded a message. This does not confirm receipt. acknowledge the claim. Club.