Haven Launches Freight Invoice Audit Platform to Enable Ocean Freight Cost Savings in Aftermath of COVID-19

Press Release - Shipping and Freight Resource

Market studies show that 25-30% of all freight invoices issued are erroneous. In a $350 billion ocean freight market, this accrued revenue loss can be quite significant.

Businesses that have been overpaying service providers for years due to incorrect invoices now have a solution in the form of Haven’s automated Freight Invoice Audit Platform.

Go to full article >>>

World Economic Forum recognises Haven Inc., as Technology Pioneer

shipping and freight news - shipping and freight resource

Haven, Inc., the California-based Software as a Service company that produces the premier Transportation Management System for international shippers, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.

Go to full article >>>

Keep ships moving, ports open and trade flowing says IMO and UNCTAD

IMO - shipping and freight resource

The world’s reliance on maritime transport makes it more important than ever to keep ships moving, ports open and cross-border trade flowing, and to support ship crew changeovers, the United Nations maritime and trade entities said in a joint statement.

The International Maritime Organization (IMO), which regulates shipping, and the United Nations Conference on Trade and Development (UNCTAD), which tracks world trade, reiterated calls for Governments to promote crew well-being by allowing crew changes and ensuring seafarers and other maritime personnel have access to documentation and travel options so that they can return home safely.

Go to full article >>>

Government of India drives digitalization of the bill of lading and trade documents with Portall and CargoX

Government of India

India is digitalizing its bills of lading and other trade documentation workflows as one of the last missing elements within the country’s electronic Port Community System (PCS).

The PCS, offering the P-CaSo curated marketplace of specialized services, was built by Portall Infosystems, and they have integrated CargoX’s Platform for Blockchain Document Transfer (BDT).

Go to full article >>>

UN entities and private sector join forces to tackle invasive species and reduce emissions

News - Shipping and Freight Resource

A ground-breaking Global Industry Alliance (GIA) has been launched to tackle two of the most pressing environmental issues of our time – invasive species and greenhouse gas (GHG) emissions.

The GIA brings together stakeholders in the private sector and the GloFouling Partnerships, a project led by United Nations entities to address the transfer of harmful aquatic species through biofouling.

Go to full article >>>

ZIM courts eCommerce market with the fastest service from South China to Los Angeles

shipping and freight news - shipping and freight resource

Fresh from their recent positive results in Q1 2020, ZIM has launched a new service in record time to cater to the growing e-Commerce market demand..

The New service is a speedy, dedicated service from South China to Los Angeles US West Coast which will commence on the 22nd of June 2020..

The service aptly named the Speedy ZIM eCommerce Xpress (ZEX), is a custom made service for time-sensitive cargo with a transit time of only 12 days from Yantian and DaChan Bay in South China to Los Angeles in the US West Coast making it the fastest service in the market..

Go to full article >>>

Want to learn how to use Incoterms® 2020 effectively..?? Then read this..

Webinar

For the past 84 years, Incoterms® has been the cornerstone of global commercial trade, for robust trade negotiations directly or indirectly between parties and the rules have become the standard in international business rules.. BUT, THERE IS A BIG PROBLEM..

As per Emily O’Connor, Director of Trade and Investment for the International Chamber of Commerce (ICC), “people will frequently choose the wrong Incoterms® rule for their transaction”..

O’Connor has emphasised 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 process of shipping their goods..

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..

But no worries, credible and reliable guidance is at hand for you now..

Go to full article >>>

UN Agencies issue plea to Governments for facilitation of crew changes

Press Release - Shipping and Freight Resource

The restrictions for crew change due to COVID-19 is unsustainable for the safety and wellbeing of over 150,000 seafarers who will require international flights to be changed over to and from the ships they work on from the middle of June 2020. These seafarers are having to extend their service onboard ships after many months at sea, unable to be replaced or repatriated after long tours of duty.

This is the message from The Secretary-General of the International Civil Aviation Organization (ICAO), the Director-General of the International Labour Organization (ILO) and the Secretary-General of the International Maritime Organization (IMO) who issued a joint statement to enlist the support of Governments for the facilitation of crew changes in ports and airports in the context of the COVID-19 pandemic.

Go to full article >>>

42% will change supply chain strategies post COVID-19 – Impact Survey

COVID-19 supply chain impact survey results

Global Supply Chains are very important in linking various countries to international markets facilitating global trade.. Modern day supply chains come with great opportunities but also pose some challenges which can test some of the best built and run supply chains..

One such challenge that is testing the world currently is the COVID-19 pandemic which came into limelight in December 2019.. This pandemic which has spread to every country around the world has caused/is causing major economic and social disruptions with far reaching impacts on global supply chains..

To understand the impact of this pandemic on the supply chain, we conducted a survey to measure the effect and impact of the coronavirus pandemic on global supply chains.. It collected and analyzed data on three key aspects – Impact, Preparedness, and Recovery..

Here are the results of this survey..

Go to full article >>>

Share