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Think Tank
Ocean Transportation: Page 198
Change Broker Confidentiality Rules or Boot Them, Says Forwarders Group
The National Customs Brokers & Forwarders Association of America Inc. has asked Customs and Border Protection to revoke or modify a number of long-standing interpretative rulings that it believes have created an overly strict confidentiality standard. The NCBFAA has requested that CBP adopt a standard that requires brokers to maintain the confidentiality of an importer's "proprietary business information" which is generally defined as information which could harm the importer's competitive position if disclosed.
Percentage of Leased Ocean Containers for 2013 Projected to Fall Below Last Year's Figures
Drewry's latest Container Leasing report shows that the world's fleet of operationally leased containers grew annually by almost 11 percent throughout 2011-12, although a smaller 6.4 percent is being forecast for 2013, in line with the poorer global trade forecast.
Laufer Group International Expands With New York Office
Laufer Group International Ltd. has opened a new office in New York.
Terrorist Threat to Ocean Cargo Industry Said to Be Growing More Likely
A maritime attack from Al-Qaeda or other affiliate terrorist groups is now increasingly likely, maritime security firm Gulf of Aden Group Transits (GoAGT) has warned.
August Merchandise Imports to Show Continuing Increase; Volume for Year Expected to Beat 2012
Following negative numbers in four of the last five months, import volume at the nation's major retail container ports is expected to grow 1.7 percent in August over the same month last year and should continue to see gains through the holiday season and the remainder of 2013, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. The year is expected to end with a 2.4-percent increase over 2012.
Glut of Vessels, High Fuel Prices to Lead to Global Shipping Industry Decline, Report Says
In the coming years, the global shipping industry is expected to decline by five percent to 10 percent, according to Global Shipping Industry 2013 - Forecast, Trends and Opportunities, a report from Taiyou Research.
Using a 3PL to Simplify Shipments to and From Mexico
Third-party logistics companies with experience in Mexico and strong partnerships with leading Mexican carriers and customs brokers can make cross-border shipping a truly seamless activity, says Dennis McCaffrey of XPO Logistics.
U.S. Imports in July Are Highest Since 2007; Businesses Prep for Holiday Season
U.S. imports in July are the highest volume seen in one month since July of 2007. The United States brought in more than 1.69 million twenty-foot containers in July, which is 13 percent higher than last month's volume and 2 percent higher than July of last year.
U.S. May Remain Top Sea Power in 2030, But China to Dominate Merchant Shipping, Report Says
Over the next 17 years or so, global trade will more than double, China will come to own roughly a quarter of the world's merchant fleet, the number of offshore wind platforms will grow a hundredfold, and the U.S. will still be the dominant naval power. So go the predictions in Global Marine Trends 2030, a collaborative effort by ship classification society Lloyd's Register, UK defense contractor QinetiQ, and the University of Strathclyde in Glasgow.
CargoSphere Creates Tool to Manage Carrier Contract Data
CargoSphere, vendor of a network for managing global freight rates for the ocean and air transportation and logistics industries, has introduced its Smart Upload and Diagnostics Solution (SUDS).
DHL Releases Mobile App for Ocean, Airfreight
DHL Global Forwarding, the air and ocean freight arm of Deutsche Post DHL, has launched a mobile app for customers to track their ocean and airfreight shipments.
Flexibility and Predictability Are 'Must Haves' for Abercrombie & Fitch Supply Chain
Building a supply chain that is both flexible and predictable can be a challenge, but retail giant Abercrombie & Fitch says both these qualities are essential to keeping its stores stocked with fresh fashions. Larry Grischow, supply chain vice president, explains how A&F uses global trade management to help achieve this goal.
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