Though not required, B/L is best practice Q: We are a shipper, and when we ship to our customers the freight terms are supposed to be free on board origin, freight collect. I am told by my department that it takes a while to fill out a bill of lading, therefore my department does not […]
Read More →Global Trading Resources, Inc. joins the Janel Group family
on January 11, 2018in Industry News
Global Trading Resources, Inc. joins the Janel Group family Global Trading Resources, Inc. (GTRI) is proud to announce that it has joined Janel Group, a U.S.-based global provider of integrated logistics solutions with offices nationwide. In addition to strengthening Janel’s Portland office, GTRI brings the Janel team new industry competencies and veteran leadership. Customers and […]
Read More →French ports expand Europe reach with new Swiss rail link
on January 11, 2018in Industry News
French ports expand Europe reach with new Swiss rail link The Mediterranean port of Marseille will soon have a rail link to Switzerland. The North Europe port of Le Havre-and the Mediterranean port of Marseille Fos will launch a rail shuttle service with intermodal operator Naviland Cargo in March as the French ocean hubs target […]
Read More →Montreal port taps predictive analysis to boost fluidity
on January 10, 2018in Industry News
Montreal port taps predictive analysis to boost fluidity A local technology startup specializing in artificial intelligence is helping the port with the project. Photo credit: Shutterstock. Using predictive analytics, the Port of Montreal this year will alert drayage drivers when it looks as if truck turn times will be long, and use data collected on […]
Read More →Turkey’s new airport, canal plan have transporters in mind
on January 10, 2018in Industry News
Turkey’s new airport, canal plan have transporters in mind The new canal, 60 miles west of Istanbul, which was first promised by Erdogan ahead of the general election in 2011, would be able to handle about 160 ships a day. Photo credit: Shutterstock. London — Politics will continue to dominate Turkey’s headlines at home and […]
Read More →China’s ban on US recyclable imports to expand
on January 9, 2018in Industry News
China’s ban on US recyclable imports to expand Scrap plastic exporters are concerned because of rumors that China’s ban, which currently applies only to residential plastics such as soda and water bottles, could be extended to post-consumer plastics. Photo credit: Shutterstock. China’s restrictions on the importation of foreign waste dragged down US export of scrap […]
Read More →CH Powell's Irwin Brown buy is latest broker, forwarder deal
on January 8, 2018in Industry News
CH Powell's Irwin Brown buy is latest broker, forwarder deal CH Powell, founded in 1919, is currently led by third- and fourth-generation family members. Photo credit: Shutterstock. CH Powell Co. has acquired The Irwin Brown Co., a customs broker and international freight forwarder specializing in trade between the US Gulf and Central and South […]
Read More →The five anchors of ocean shipping revenue managment
on January 8, 2018in Industry News
The five anchors of ocean shipping revenue managment The ocean freight industry is at a tipping point. Consolidation and major industry pain points like overcapacity and reactive pricing are forcing the industry to move away from legacy ways of thinking and begin forging new modes of operation that generate profitable growth. Never before has this […]
Read More →The five anchors of ocean shipping revenue management
on January 8, 2018in Industry News
The five anchors of ocean shipping revenue management The ocean freight industry is at a tipping point. Consolidation and major industry pain points such as overcapacity and reactive pricing are forcing the industry to move away from legacy ways of thinking and begin forging new modes of operation that generate profitable growth. Never before has […]
Read More →Little respite from e-commerce demand for air cargo industry
on January 8, 2018in Industry News
Little respite from e-commerce demand for air cargo industry Strengthening economies, e-commerce and restocking are the three factors responsible for a global trade environment that saw air cargo demand outpacing supply by more than six percentage points for all four quarters of 2017.The benefits for airlines have been a return to freight profitability not seen […]
Read More →