Smart containers are containers which are equipped with sensors designed to provide real-time tracking of their location and movements..
Using this technology, whether you are a shipping line, customer or security agency, you can track the progress of your containers anywhere in the world, plan your equipment and stock inventory which could possibly lead to reduced costs..
Maersk Line is taking the RCM one step further by integrating a Virtual Assistant with it..
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..
Intermodal Europe 2019 is considered to be one of the premier conferences in Europe and this conference which will be held between 5th and 7th of November 2019 @ Hamburg Messe is now open for registration..
Cargo theft can occur anywhere along the supply chain affecting local logistics, transporters, storage yards, groupage operators, LCL consolidators, ports, depots, terminals, insurance, carriers and freight forwarders equally..
BSI Supply Chain Services and Solutions assesses that companies lose more than an estimated $76 million in UK alone due to cargo theft highlighting the seriousness of this issue..
TT Club one of the leading providers of insurance and related risk management services to the international transport and logistics industry and BSI have come together yet again to release the second edition of their report on global cargo theft covering the full year of 2018..
A Freight Forwarder is a multi-function agent/operator who undertakes to handle the movement of goods from point to point on behalf of the cargo owner..
For the freight forwarder involved, this may include a door to door movement, negotiating freight rates, nominating the carrier(s), booking the goods and handling all the documentary, operational and transportation requirements between the two points..
Digital freight forwarders are a new breed of freight forwarders who are disrupting the freight industry armed with the ability to offer the services of a freight forwarder but on an instant basis using online technology and data..
But they have several competition to contend with.. One of them is a “Digital Shipping Line“..
Say what..!!!!!!!!!!!!!!!!!!!!!!!! Who is a digital shipping line now..??
Well, another year has gone.. 2018 has been consigned to the annals of history..
2019 is here, all shiny, sparkling and new ready to carry the world of global trade, its cargo, its ships, its burdens, its struggles and bear the fruits or consequences of the developments and actions that took place in the industry in 2018..
As with every year, in 2018 as well, our world and our industry went through a lot of changes both good and bad..
From the entry of ONE into the container shipping market to all major lines preparing for the IMO 2020 Sulphur Cap, it has been an eventful year for the shipping and freight industry..
Here is my review of 2018 and the year that it was, for the shipping and freight industry..
Competition is one of the constants in business, something that can spur you on and make you better or something that can bring you down..
Every industry has competition in varying degrees.. Some companies look at their competition and say “Yeah ok, whatever” (think Google/Facebook).. Some companies look at their competition and say “Oh crap, that’s close” – like a lot of companies in the shipping and freight industry..
While competition comes in various forms, there are several cases where you may really struggle to find a way to stand out from your competition..
Let me explain further with some examples relatable to the shipping and freight industry..
Whether for better or worse, technology has touched and revolutionized almost all aspects of human life and business.. Shipping and freight industry has also been touched by this technological developments under both mechanical and digital category..
If you Google the word “Jargon” you will see it described as “special words or expressions used by a profession or group that are difficult for others to understand.” The Shipping and Freight industry has its own jargon, oh yes, and a lot of it usually flummoxes many people in the industry.. I was thoroughly confused with all these when … Read more here..
Blockchain-based logistics firm ShipChain and GTX Corp (OTCQB: GTXO), a global tech leader offering a suite of GPS and NFC tracking location-based services, have announced a new partnership for a new global NFC blockchain shipment tracking solution.