A worker carries a large parcel at the U.S. Postal Service sorting and processing facility in Boston on Nov. 18, 2021. Charles Krupa/AP Dive Brief: The U.S. Postal Service is well-prepared to handle a peak season influx of packages this year, even with fewer seasonal employees and facilities on board, agency stakeholders said during a House
Category Archives: Logistics News
The container shipping heavyweight reports record third-quarter earnings but is looking to logistics to hedge against boom-and-bust shipping cycles A.P. Moller-Maersk A/S expects logistics revenue to surpass the ocean business by the middle of the decade as the container giant warns of “dark clouds on the horizon” for global shipping demand. Maersk Chief Executive Søren
Four maritime shipping observers share their thoughts on what’s changing in the logistics environment as demand and inventory trends shift. The peak holiday season will not be the same as previous years, according to various experts. Retailers this year are working to clear out inventory piles as demand softens in Q4. Ocean carriers are blanking
Nine years after the last revision, the new Incoterms® 2020 from ICC came into effect on January 1, 2020. The new terms grasp significant changes, regardless of being a buyer or seller, these new terms may be noteworthy to you. Here’s everything you need to know. Pls see details of incoterm 2020 => Here Visits: 4
IMO 2020 is a new International Maritime Organization (IMO) regulation for the use of Low Sulphur Fuel effective Jan 1st, 2020. This regulation is the largest in a series of IMO measures to reduce marine pollution across the entire shipping industry and ultimately achieve a CO2 emission reduction consistent with the Paris Agreement temperature goals.
SOLAS is the International Convention on Safety Of Life At Sea. Recent amendments to this convention will have a fundamental impact on how we have to manage the movement of containerized cargoes within the International Supply Chain. WHAT IS SOLAS/ VGM? The Solas amendments require that all shippers of containers obtain and submit a “Verified