NEWS

Today on the transpacific: continued congestion and more blanked sailings
Today on the transpacific: continued congestion and more blanked sailings

Container lines are making determined efforts to get boxes back into position and to return to some schedule integrity – but it is unclear how likely they are to succeed.

Port of Oakland to become “smart and zero-emission”
Port of Oakland to become “smart and zero-emission”

Port of Oakland's executive director Danny Wan has unveiled plans to invest in a renewed, smart and zero-emissions port.

'Cracks' appear in Asia – Europe rates over uncertain outlook
'Cracks' appear in Asia – Europe rates over uncertain outlook

Ocean carriers fear that fiscal policies designed to stem inflationary pressures in Europe will weaken consumer appetite for non-essential goods, and are preparing to react quickly to adjust capacity.

11 Basic Components of Logistics Cost
11 Basic Components of Logistics Cost

Finding out how much it costs to manufacture a product and deliver it to the customer helps a business fix a price for the product. It also takes into account a reasonable profit margin over the total costs.

Yantian terminal restricts intake of export-bound containers
Yantian terminal restricts intake of export-bound containers

Yantian International Container Terminal (YICT) in China’s Shenzhen Port is taking in export-bound containers with an estimated berthing time of four days, as containers are accumulating in its yard as a result of disrupted shipping schedules.

Indian importers continually receive taxmen notices to pay ocean freight taxes, but cases remain pending
Indian importers continually receive taxmen notices to pay ocean freight taxes, but cases remain pending

Despite a number of cases on imposition of integrated goods and services tax (IGST) on ocean freight in case of imports remained pending in various courts, Indian taxmen have started a fresh push to realise such tax, prompting hue and cry by shippers.

Freight rates, box prices continue to rise
Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and contract rates continues to spill over in 2022.

What is Integrated Logistics Management?
What is Integrated Logistics Management?

The logistics industry consists of several key players who ensure the smooth flow of raw materials, components, and finished goods.


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