The new feature launched by cargo.one in collaboration with Descartes integrates the air cargo booking process, enhancing the efficiency and service quality of freight forwarders. It simplifies data processing and promotes revenue growth.
The International Association of Ports and Harbors (IAPH) has innovatively transformed in response to the pandemic by reimagining the World Ports Conference as a televised event. This adaptation successfully attracted more participants, showcasing the organization's ability to flexibly respond to challenges and the industry's cohesion.
Maersk's report highlights the crucial role of supply chain resilience, revealing that resilience leaders experience less revenue loss when facing disruptions. The report emphasizes leadership, technology, and collaboration as the three key pillars for building a resilient supply chain. Companies should prioritize these aspects to effectively navigate uncertainty and achieve sustainable growth. Investing in these areas allows businesses to better anticipate, adapt to, and recover from unexpected events, ultimately strengthening their competitive advantage and ensuring long-term success in a volatile global landscape.
This article provides a detailed analysis of the components of fixed costs for vessels, including crew wages, employee benefits, lubricants, materials, depreciation, repair costs, insurance, taxes, and expenses incurred during non-operational periods. It also explores the specifics of shared costs and other fixed expenses, emphasizing the importance of effective management and allocation of these costs in enhancing the economic efficiency of the shipping industry.
Verified Gross Mass (VGM) refers to the total weight of cargo including its packaging and container, playing a crucial role in ensuring cargo safety. Shippers must provide accurate VGM as required by SOLAS, using either weighing methods or component weighing methods to avoid loading delays and safety risks. Accurate VGM not only protects the interests of shippers but also upholds the overall safety of the shipping industry.
The size and load capacity of containers are key factors in cargo transportation. This article provides detailed information on various container internal and external dimensions, weight, and volume, assisting relevant industry professionals and freight forwarding companies in optimizing transport solutions while ensuring cargo safety. Understanding this fundamental information aims to enhance transportation efficiency and customer satisfaction, which is the primary objective of this report.
In maritime transport, shippers often book space through freight forwarders (forwarders), although large-volume clients may choose to book directly with shipping companies. However, operational tasks and customs clearance still require the expertise of a professional freight forwarder. The collaboration and connections among various industry players ensure that freight forwarders continue to play a vital role in the smooth execution of bookings during the transportation process.
This article explores the importance and key steps of the customs clearance process in import and export, emphasizing the critical role of customs declarations, shipping, and commercial documents in the clearance process. It provides insights on customs review, specific document requirements, and important considerations regarding import and export licenses, helping readers enhance their understanding of the customs procedures to promote industry efficiency and compliance.
The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.
Malaysia Airlines faces a shutdown crisis, with Khazanah Nasional possibly halting further investments. If negotiations with creditors for restructuring fail, the airline may face bankruptcy by year-end due to the impact of the pandemic. The government is likely to stop funding and redirect resources to budget carrier Firefly. The future looks bleak, and the industry is closely watching whether Malaysia Airlines can turn the situation around.
