ITF accuses Panama Canal Authority of labor violations The International Transport Workers’ Federation today accused the Panama Canal Authority of breaking the country’s commitment to global labor principles by trying to shutter a tugboat captains’ union, the latest flare-up between labor and the major waterway operator. The canal authority is trying to shut down the […]
Read More →Australia’s Toll in $85 million asset sale to exit loss-making units
on November 25, 2014in Uncategorized
Australia’s Toll in $85 million asset sale to exit loss-making units HONG KONG — Toll Holdings will offload assets and business units this financial year raising $85 million as Australia’s largest logistics provider tries to improve revenue after a rough first quarter. The supply chain services provider said today that it had entered agreements to […]
Read More →Land access remains key issue for China logistics developers
on November 21, 2014in Uncategorized
Land access remains key issue for China logistics developers HONG KONG — The supply of land is the greatest challenge facing logistics property developers in China as they struggle to match supply of modern warehousing facilities to the demand being generated by a rapidly increasing consumer market. Stuart Ross, regional director and head of industrial, […]
Read More →Incoterms: Lost in Translation?
on November 20, 2014in Uncategorized
Incoterms: Lost in Translation? Q: It was disappointing to read your answer in the Oct. 13 issue to the person who asked about obligations of the seller and buyer under the FCA Incoterm (“Trade Compliance: Assume the Worst”). FCA — or Free Carrier — is a way to ensure the goods are properly “cleared… http://www.joc.com/international-logistics/incoterms-lost-translation_20141120.html […]
Read More →DHL pours $140 million into China warehouse development
on November 20, 2014in Uncategorized
DHL pours $140 million into China warehouse development HONG KONG — DHL Supply Chain will expand its warehousing and transport capabilities in China by 50 percent over the next three years, investing $140 million in modern logistics facilities across the country to address huge demand for services from inland cities. The contract logistics specialist is […]
Read More →Damco expands Zhengzhou operation to capture growing market
on November 20, 2014in Uncategorized
Damco expands Zhengzhou operation to capture growing market HONG KONG — Fresh from a dismal third quarter, freight forwarding and logistics provider Damco is expanding its multimodal presence in China’s electronics manufacturing hub of Zhengzhou. The logistics unit of the Maersk Group has opened a new commercial office in the Henan Province city that is […]
Read More →SingPost, UPS pour investment into e-commerce infrastructure
on November 17, 2014in Uncategorized
SingPost, UPS pour investment into e-commerce infrastructure HONG KONG — China’s e-commerce business catches the headlines because of the sheer scale of internet shopping in the country, but the growing trend towards ordering goods online is seeing huge investment in infrastructure and technology being made outside its borders, both in Asia and in the U.S. […]
Read More →Retailers turn to air cargo and disclose higher West Coast-related costs
on November 15, 2014in Uncategorized
Retailers turn to air cargo and disclose higher West Coast-related costs Retailers are on the losing end of U.S. port congestion, forced to make costly, last minute transportation decisions because of clogged West Coast ports. Women’s clothing retailer Ann Taylor CEO Kay Krill said the company has been forced to convert some shipments to airfreight […]
Read More →As They Said It: Nov. 3-8, 2014
on November 9, 2014in Uncategorized
As They Said It: Nov. 3-8, 2014 Notable quotes from JOC.com, Nov.3-8. “We are at the mercy of the carriers, the port workers and the truckers. The holiday season is not looking pretty for anyone.” — Anonymous shipper surveyed by JOC.com in “Shippers in JOC survey expect LA-LB congestion to worsen,” Nov. 3. […]
Read More →Fraud reports send wary Sinotrans investors racing for the exits
on November 6, 2014in Uncategorized
Fraud reports send wary Sinotrans investors racing for the exits HONG KONG — Jittery shareholders of China logistics operator Sinotrans frantically off-loaded shares following mainland media reports that its subsidiaries were involved in making multiple pledges of the same inventory as loan collateral. Sinotrans shares plunged almost 30 percent on the Hong Kong Exchange before […]
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