E-commerce revenue sends SingPost first quarter profit soaring Singapore Post revenue generated by e-commerce grew more than 60 percent in its financial year ending March 31 with the online shopping logistics sector contributing 36 percent of the group’s total sales.Overall revenue at SingPost increased 25 percent to $840 million and the company said the e-commerce […]
Read More →India issues final SOLAS guidelines
on May 16, 2016in Industry News
India issues final SOLAS guidelines India has passed much-awaited legislation that clears the way for the July 1 implementation of new container weight rules set by the International Maritime Organization’s SOLAS mandate. Following several rounds of consultations with stakeholders, the Directorate General of Shipping, a Ministry of Shipping arm, finally fixed the tolerance level of […]
Read More →Bite of US SOLAS enforcement uncertain
on May 16, 2016in Industry News
Bite of US SOLAS enforcement uncertain With less than two months before the SOLAS container-weighing rule takes effect, questions of the strength and scale of enforcement’s bite in the U.S. are mounting. The purpose of the International Maritime Organization’s SOLAS requirement is clear in specifying that the shipper of record (who signs the master bill […]
Read More →APM Terminals to provide container weighing services in Rotterdam
on May 16, 2016in Industry News
APM Terminals to provide container weighing services in Rotterdam APM Terminals has added Rotterdam, Europe’s largest container port, to the list of locations where it will provide container weighing services to enable shipper compliance with a new international regulation that comes into force on July 1. The Romanian port of Constantsa will… APM Terminals to […]
Read More →HPH to weigh boxes at most of its terminals
on May 13, 2016in Industry News
HPH to weigh boxes at most of its terminals Hutchison Port Holdings said the majority of terminals in its global network will offer container-weighing services to help supply chain stakeholders comply with the amendment to the SOLAS convention that requires all containers to have a verified gross mass before they… HPH to weigh boxes at […]
Read More →Major Indian trucker moves into refrigerated transportation
on May 12, 2016in Industry News
Major Indian trucker moves into refrigerated transportation Trucking giant Transport Corporation of India is moving into the cold chain logistics business in order to tap into rapidly growing demand for refrigerated cargo services in the country. The company on Wednesday opened a 250,000-square-foot temperature-controlled warehouse and distribution center at Gurgaon, a major industrial and manufacturing […]
Read More →Container lines work to ease US exporters’ SOLAS liability concerns
on May 11, 2016in Industry News
Container lines work to ease US exporters’ SOLAS liability concerns WASHINGTON — A group of 18 container lines plan to state in written legal terms that customer won’t be held legally liable for inaccuracies in the container tare weight when generating a verified gross mass under the new SOLAS container weight rule. The Ocean Carrier […]
Read More →To secure capacity, US shippers urged to keep truckers close
on May 11, 2016in Industry News
To secure capacity, US shippers urged to keep truckers close Since truck capacity is overwhelmingly concentrated among small and mid-size carriers, cargo interests should have a detailed strategy for fostering close working relationships with that segment of the market, according to a C. H. Robinson executive. “This is a fragmented trucking industry. You must listen […]
Read More →India finalizes SOLAS guidelines, changes tolerance limit
on May 11, 2016in Industry News
India finalizes SOLAS guidelines, changes tolerance limit India shippers will have more leeway on the tolerance level of variation for container weights under the International Maritime Organization’s SOLAS regulation that goes into effect July 1, but terminals will not be able to provide weighing services to generate verified gross mass data within the country’s ports. […]
Read More →NY-NJ port terminal to offer SOLAS weighing to shippers for a fee
on May 10, 2016in Industry News
NY-NJ port terminal to offer SOLAS weighing to shippers for a fee The first terminal at the Port of New York and New Jersey to detail how it will respond to the SOLAS container weight rule said it will provide the service to shippers for $69.10 per unit, putting pressure on other terminals at the […]
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