The world of shipping and freight is getting bigger and bigger but thanks to all the technological advances and digitalisation it is also bring all players in the industry closer than ever before..
However, meeting people face to face, sharing issues of mutual interest and benefit and thrashing out common problems and finding solutions has a special flavour and charm to it.. Not to mention the experience you gain out of meeting experienced people..
Intermodal Europe 2019 to be held between the 5th and 7th of November at Hamburg Messe promises to bring out the best in terms of its offering to the industry..
Some of the interesting topics presented include………………………….
In an ICC podcast to mark the launch of the Incoterms® 2020 rules in September, Emily O’Connor, Director of Trade and Investment for the International Chamber of Commerce (ICC), said that “people will frequently choose the wrong Incoterms® rule for their transaction”.
O’Connor went on to emphasise the importance for anyone who uses the Incoterms® rules to learn or re-learn them – even if you consider yourself an expert – in order to avoid costly mistakes in the future. “Learn now, ahead of time to avoid problems down the road.” she said.
One of the initiatives designed to help users avoid mistakes is a new online training course – the Incoterms® 2020 Certificate – developed by the educational arm of the ICC, the ICC Academy. This course is the world’s only ICC-endorsed online training on the Incoterms® 2020 rules and is available for purchase here.
Ever since its introduction in 1936, Incoterms® has been a paradox to many many buyers, sellers, traders, freight forwarders, shipping lines and other service providers involved in the business of global trade..
There are several consequences of using the incorrect Incoterms® and users need to fully comprehend what it means when they put a three letter Incoterms® rule into their sales contract..
if you are struggling to learn and understand the rules and how to apply them, don’t worry, help is at hand..
ICC Academy, the educational arm of the ICC has created a new online training course – the Incoterms® 2020 Certificate which is designed to help users both experienced and inexperienced, a comprehensive and up-to-date understanding of the rules, avoid mistakes and save costs.. This course is the world’s only ICC-endorsed online training on the Incoterms® 2020 rules..
No other online training on the new rules can offer the same level of expertise and this course can be purchased online here..
So do yourself a favour and take this highly recommended course which will greatly enhance your knowledge on this crucial trade related subject..
Supply chain visibility remains a hot-button topic for supply chain executives. When executed correctly, it can open the door to new efficiencies, contributes to higher profitability, and reduces risk.
Meanwhile, the premature launch of systems and processes can dramatically add to costs. As Halloween approaches, poor implementation of visibility-gaining systems will reveal a monster.
This monster cannot die; it’s not susceptible to daylight or even the most intense of prayers. Instead, the supply chain visibility monster looks to show exactly every facet of an operation, including those you wish stayed hidden.
A Standard may be defined as a repeatable, documented and harmonized method of doing something, whether it relates to the manufacturing of an item or managing a process, quality of material etc..
Standards contain technical and documentary specifications or other information required to be used consistently as a rule, guideline, or definition..
Shipping is an industry that is currently deep in the process of digital innovation and enabling.. Several digital initiatives are being driven simultaneously by several groupings within the industry..
One thing that has been missing is the STANDARDS for all these digital services, but it seems that is also being addressed and Digital Standards are on the way..
A supply chain is defined as an end to end process involving a network of people, resources, activities, organizations, technology, information, etc. that provides a path to the movement and, the flow of goods and services from the supplier to the end-customer.
Now, this doesn’t sound troublesome when it’s carried out at a smaller level. But imagine, what it would be like for the companies and organizations having a business that is spread across multiple countries.
But blockchains can help in improving Supply Chain Management and here’s how..
The maritime sector is a major global industry. In fact, an article published by the World Bank reports that shipping accounts for 80% of all world trade’s total volume. However, like other lucrative industries, it doesn’t only deal with accommodating a high demand for services, but also constantly faces numerous environmental issues.
Why exactly should shipping companies be involved with battling climate change? There are countless reasons, but one that stands out the most—if we assess matters through an economic perspective—is that climate change is a large threat to the industry itself.
Below, we’ll discuss several impacts of climate change on maritime transport, specifically on its efficiency and profitability.
Can you think of the most important aspect of your e-commerce store that you’re in complete control over?
Well, some would say all of it but that’s not the case for lots of e-commerce business owners. Some business owners only focus on the financials of their business while they hire others to focus on other aspect.
If you are a successful e-commerce business owner, you’re eventually going to need to hire out because there’s no way for you to do it all.
Take a look at 4 of the shipping strategies that will help your businesses obtain more customers and help you manage your shipping processes better.
Climate change has been and is at the heart of many initiatives within the shipping and freight industry.. Whether it is IMO’s proposed implementation of IMO 2020 regulations 98 days down the road, or the use of bio fuels to run ships or the use of scrubbers or LNG powered ships, there are several initiatives being followed by the industry..
In line with this, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group announced in 2017 that the group would be ordering a series of 23,000-TEU containerships that would be the world’s first ever to be powered by LNG (liquefied natural gas)..
This decision became a reality when the group announced the launch of the world’s largest LNG powered containership..
China opened up for global trade around 1980 and became an economic superpower in the 2000’s achieving some dramatic growth in the last 30 odd years. China has grown into one of the significant financial and economic muscles on the planet.
Chinese goods have received a broad acceptance globally and many businesses are keen on importing goods from China.
However, the most painstaking obstacle that many face is how to go about shipping from China successfully. This might be a difficult task, especially for newbies and sometimes even the professionals.
I am sure that you wouldn’t like getting trapped by unnecessary delays, high delivery costs, and unreliable suppliers like many have.
Sunny Sun, the co-founder of BanSar, a professional freight forwarder in China has provided some tips on how to make shipping from China easier.