Wednesday, May 25, 2016
As of July 1, only containers with a verified gross mass will be cleared to be loaded onto a ship under the International Maritime Organization’s Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment. Shippers hoping that the implementation of the ruling will be delayed or deferred are whistling in the dark, say industry analysts.
Posted on 05/25 at 03:44 PM
Amid the many worrisome economic indicators kicking around of late, something along the lines of good news came about this week in the form of United States new home sales data, issued by the United States Department of Commerce this week.
Posted on 05/25 at 02:17 PM
Tuesday, May 17, 2016
Regardless of the occupation of those readers that offered up their theses for the correct formula for supply chain success, there was one consistent theme across their replies: that being that there is no one definitive formula.
Posted on 05/17 at 10:16 AM
Wednesday, May 11, 2016
Even though the weather seems to be taking a positive turn, it is fair to say that the current outlook for the freight economy is not nearly as rosy at the moment.There are many reasons for that, with the majority of them based on more general, or macroeconomic, headwinds hovering about at the moment.
Posted on 05/11 at 01:10 PM
Monday, May 09, 2016
The relative merits of using an operating port rather than a landlord port have come into sharp relief recently as shippers confront the compliance deadline for the amendment to the International Maritime Organization’s Safety of Life at Sea (SOLAS) convention.
Posted on 05/09 at 04:07 PM
Thursday, May 05, 2016
Industry analysts contend that the Teamsters are not declaring a strike outright, but rather, voting to give their leadership permission for such an action.
Posted on 05/05 at 02:33 PM
Air Cargo •
Wednesday, May 04, 2016
Regardless of capacity, pricing, or the economy, trucking industry regulations are never far from the freight transportation limelight. That is especially evident when it comes to the federally mandated hours-of-service (HOS) regulations. As usual, the current state of HOS remains somewhat fluid. And the reason for that has to do with legislation coming from the Senate Transportation Appropriations legislation that is currently being considered by the Senate.
Friday, April 29, 2016
Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).
Tuesday, April 26, 2016
Clarksons Research is reminding logistics managers that container shipping is 60 years old this week.
Monday, April 25, 2016
Analysts for Datamyne are telling logistics managers to add climate change to the factors that shape global trade.
Posted on 04/25 at 07:54 AM
Global Trade •
Wednesday, April 20, 2016
Data published this week by the American Transportation Research Institute (ATRI) puts the impact of being stuck in traffic, or more accurately, congestion into stark terms with a single data point: traffic congestion on the U.S. National Highway System (NHS) added over $49.6 billion in operational costs to the trucking industry in 2014.
Posted on 04/20 at 11:57 AM
Monday, April 18, 2016
The U.S. Coast Guard may be prompted to provide more clarification on details contained in the pending Safety of Life at Sea (SOLAS) container weight rule soon, say maritime analysts.
Posted on 04/18 at 03:38 PM
Ocean Cargo •
Wednesday, April 13, 2016
The Department of Commerce this week deepened its bench of public and private sector supply chain, logistics, and freight transportation heavy hitters, announcing it has added 11 new members to its Advisory Committee on Supply Chain Competitiveness (ACSSC).
Posted on 04/13 at 10:07 AM
supply chain •
Tuesday, April 12, 2016
While everyone agrees that investment in infrastructure is key, only a handful of ports will reach "mega" proportions
Thursday, April 07, 2016
In March, the NMI, hit 54.5 (a reading of 50 or higher indicates growth), which was 1.1 percent above February, while growing now for 80 consecutive months, coupled with economic activity in the non-manufacturing sector growing for 74 months through March.
Posted on 04/07 at 09:42 AM