Shipping Industry Faces Rising Demurrage Costs in Voyage Charters
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
Air Cargo Industry Faces Growing Challenges in Oversized Shipments
This article discusses special cargo in air freight, particularly the definitions and transportation challenges of oversized and overweight goods. Oversized cargo typically requires multiple air pallets, while overweight cargo refers to single items exceeding 150 kilograms. When transporting these goods, consideration must be given to the necessary equipment and safety measures, as well as fuel disposal within vehicles, to ensure safe and efficient transportation.
Aviation Industry Tightens Safety Rules for Hazardous Cargo Transport
This article outlines the nine main categories of dangerous goods in international air cargo transportation, including explosives, gases, flammable liquids, flammable solids, oxidizers, toxic substances, radioactive materials, corrosives, and other miscellaneous hazardous items. These classifications ensure safety and smooth operations in air transport, highlighting the importance of hazardous material management in international aviation.
Logistics Industry Confronts Challenges Amid Key Annual Trends Report
The 36th Annual Logistics Report reveals the current economic and geopolitical uncertainties faced by the logistics industry. It highlights that companies can enhance efficiency through innovation and digital technology while emphasizing the importance of sustainable development to address the challenges of rising operational costs.
Logistics Industry Grapples With Challenges Amid Annual Report Findings
The 36th Logistics Situation Report analyzes the economic and geopolitical challenges facing the logistics industry today. It presents strategies for response, including digital transformation and enhanced supply chain transparency, providing guidance for businesses in uncertain environments.
Air Cargo Industry Adapts to Emerging Trends Says Expert
In this episode of the podcast, Jeff Berman engages with Brandon Fried, Executive Director of the Air Cargo Association, to delve into the challenges and opportunities within the air cargo industry. They emphasize the significance of technological advancements and adaptable management in navigating market fluctuations, and look ahead at future developments and best practices in the industry.
Union Pacific Norfolk Southern Merger Alters Freight Rail Industry
The $85 billion merger between Union Pacific and Norfolk Southern will create the first transcontinental railroad network in the U.S. While leadership claims operational efficiencies will result, shippers are concerned about potential cost increases and reduced market competition. The future of the freight industry faces numerous challenges amid this merger.
Maritime Industry Faces Emission Rules Challenges Seeks Design Fixes
Ship design must address future emission regulation challenges. Drewry's analysis indicates that certain designs may not adapt, while new technological alternative fuels could reduce emissions. Although initial costs for new designs are higher, compliance will yield long-term benefits. The shipping industry needs to leverage technological and policy dynamics to achieve a green transition.
Truck Demurrage Fees Pose Hidden Costs in Logistics Industry
This article provides a detailed analysis of truck wait fees and their impact on transportation costs. Understanding truck wait fees can help businesses better estimate transportation expenses and avoid unnecessary additional spending. Flexport offers market updates to help you stay informed about port dynamics and optimize logistics solutions.
Jan Krems Leads Air Cargo Industry Amid Market Shifts
Jan Krems has been appointed as the President of United Airlines Cargo, symbolizing the maturity of the air freight industry. With a career spanning multiple countries, Krems views air cargo not just as a job, but a lifestyle. In response to market changes, he emphasizes the need for industry education for shippers and advocates for collaborative innovation to compete with maritime shipping.