How General Average Could Ruin Your Ocean Cargo Deliveries

CH Robinson Transportfolio

How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. General average is a throwback to the days when a crew tossed cargo overboard to lighten the ship in a storm. During the emergency, there wasn’t time to figure out whose cargo should be jettisoned.

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Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future.

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Air Travel Demand and the Cargo Impact

CH Robinson Logistics

Each lane is different, but passenger flights make up a large portion of air freight capacity globally. This additional equipment increased cargo capacity, even in years where demand for air cargo did not increase at a corresponding level. With cargo capacity (supply) increasing faster than demand, many airlines operating both passenger and freighter aircraft reconsidered their need for freighters. At this point, however, capacity has dropped more than cargo demand.

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Air Freight: Learning the Basics to Optimize Your Global Supply Chain

CH Robinson Transportfolio

What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Incorporating the right air shipping strategy into your multi-modal, global supply chain can help reduce costs and promote efficiency.

Global Forwarding: Think You Know the Facts?

CH Robinson Transportfolio

If you’d asked me what I know about global forwarding when I joined the industry two years ago, I would have looked at you quizzically and said, “Global forwarding? I’ve learned to see just how crucial global supply chains are to our everyday lives. Thanks to global forwarding, we can have products from all over the world. Here are just some of the fascinating facts about global forwarding that you can pass along to the people you know.

Keeping Your Business on Track During the Coronavirus Outbreak

CH Robinson Transportfolio

The coronavirus outbreak has prompted an official global health emergency that is severely affecting business operations not only in China but also around the globe. With any kind of widespread health outbreak, global importers and exporters are dealing with unpredictable logistics concerns that require a proactive approach to keep business running as usual. . We also continue to see several airlines cancelling flights in and out of China which can have impact to cargo capacity.

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The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

Have you ever considered changing your traditional mode of transportation? Now is the time to utilize all modes of transportation in the most efficient way possible. Chongqing-Duisburg, and Zhengzhou-Hamburg to serve global electronic and automotive companies. In addition, thanks to subsidies from the Chinese government, rates for rail service between Europe and Asia have dropped significantly, making it a cost-effective option to transport goods. Cargo insurance.

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#1 Way to Save on Global Forwarding

CH Robinson Transportfolio

Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Do you have global coverage and LCL capabilities to provide flexibility? Cargo consolidation is a strategic option for many shippers—especially those with a lean supply chain or in a just in time environment.

5 Reasons to Look Forward to ACE Cargo Release

CH Robinson Transportfolio

While the executive order does not go into effect until next December 2016, ACE Cargo Release (ACR) is already partially functional to align with CBP’s goal of requiring all filings to be submitted via ACR by November 1, 2015. Robinson is currently participating in both the ACE Entry Summary and ACE Cargo Release programs. With ACE Cargo Release, split shipments automatically release upon arrival—assuming the entry has been transmitted by the broker and released by CBP.

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Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

According to IATA, global demand for air freight service is decreasing and capacity is growing: As air freight capacity becomes more available and at lower costs, it’s possible to move your freight faster and for less than was possible in the past. And in today’s world of instant gratification, you might need the speed of air to compete globally. Air cargo can become essential for many supply chains rather than too expensive. Air Global Forwarding Global Transportation

Navigating Through the Disruption – An Oceania Perspective

CH Robinson Transportfolio

COVID-19 has caused disruption globally to all business, in one way or another, and navigating this unprecedented time has highlighted many challenges. The Port of Tauranga has announced it is prioritising the unpacking of essential goods so that the cargo can be handled and transported first. Where a customer site is closed, we see the Port of Wellington waive storage fees for shipments that cannot be transported out of the Port.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

According to IATA, global demand for air freight service is decreasing and capacity is growing: As air freight capacity becomes more available and at lower costs, it’s possible to move your freight faster and for less than was possible in the past. And in today’s world of instant gratification, you might need the speed of air to compete globally. Air cargo can become essential for many supply chains rather than too expensive.

The Pros and Cons of Air Charter Service

CH Robinson Transportfolio

However, that may not be the case when shipping your cargo. When it comes to quickly getting what you want, when you want it, there is no service better than air charter for your cargo. This is especially true when the transportation industry faces disruptions, whether they be natural catastrophes, strikes, or shortages. Global Trade Resources Global Transportation air charter service air charters Air Freight global freight

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Currency in India: Current State of Disruption, Confusion, and Economic Slowdown

CH Robinson Transportfolio

Tolls have been abolished temporarily to facilitate the movement of cargo. Trucking and road transportation are witnessing an acute financial crunch, as 80% of operational costs are cash driven. This is already affecting the flow of both commercial cargo and essential commodities. Business Global Transportation Supply Chain Currency Economy IndiaCurrency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio.

Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. Understand the metrics of air cargo: time and money. When you’re evaluating the costs of air cargo , freight is only one component of the equation. Global Transportation Air Black Friday Shipping

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West Coast Port Strike Update

CH Robinson Transportfolio

Cargo will continue to move and operations will carry on at the port until an agreement can be reached through these disruptions. Global Transportation Supply Chain Port Strike As a follow up to my previous blog post on the potential port strike , I wanted to provide an update of the situation. It’s after June 30, and yet no deal has been reached. The current contract has been extended briefly, until July 11 2014.

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New Panama Canal Options: Running the Numbers with a TMS

TMC

When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). A transportation management system (TMS) can help shippers weigh the pros and cons of each option. Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. The preferred amount of inventory held on ships and trucks depends on constraints such as the value of the cargo.

3 Air Freight Trends to Watch for in 2018

CH Robinson Transportfolio

They can easily scale up or down the number of planes needed for cargo. Although commercial 747s are being sold to cargo carriers in greater numbers, airlines can position their planes more accurately. There is only so much air cargo space available. Global Forwarding Global Transportation Air FreightThe air freight landscape has experienced some dramatic shifts in recent years.

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Research: How the Panama Canal Expansion Will Impact U.S. Logistics

CH Robinson Transportfolio

And the canal was too small for the Post-Panamax vessels, which carry two to three times as much cargo as the ships that currently squeeze through the Panama Canal. football fields, make up about 16% of the global container fleet but carry 45% of the container cargo. Within 15 years, they will carry nearly two-thirds of global container traffic. What will happen when the Panama Canal expansion is completed in 2016?

5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

CH Robinson Transportfolio

In light of what happened, some companies still look at carriers’ financials and try to avoid putting cargo on carriers that might be at risk. The fact remains that the cargo can still move with the carrier you are trying to avoid under a different bill of lading. As carrier alliances change, so do their terminal interests and subsequently, the rail interests for inland cargo. And as you navigate this process, our global supply chain experts are ready to help.

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Three Questions: Your Key to Saving in Global Forwarding

CH Robinson Transportfolio

Three Questions: Your Key to Saving in Global Forwarding | Transportfolio. Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Do you have global coverage and LCL capabilities to provide flexibility? Need more ideas on saving money and time with global forwarding?

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Mega Ships: A Look at the Effect of Larger Ocean Vessels at Port

CH Robinson Transportfolio

Putting production and labor costs overseas aside, transportation becomes the prime target to help drive down costs. For example, the G6 alliance has six different cargo interests on one vessel, all of which might have different terminal and intermodal interests. Carriers Global Forwarding Global Transportation Logistics Mega ship Ocean vessel Ports Sales Terminal Transportation

What to Do Now Before the Panama Canal Expands

CH Robinson Transportfolio

On the West Coast, carriers might need to offer selective discounts to hold on to traffic, but will need to do so wisely, since a large chunk of time-sensitive cargo will probably continue to move through the West Coast, with or without discounts. Global Transportation Logistics Supply Chain Global Forwarding Panama Canal Ports Shippers TruckingThe Panama Canal expands in 2016. What will it mean for U.S. logistics?

Mega Ships: A Look at the Effect of Larger Ocean Vessels at Port

CH Robinson Transportfolio

Putting production and labor costs overseas aside, transportation becomes the prime target to help drive down costs. For example, the G6 alliance has six different cargo interests on one vessel, all of which might have different terminal and intermodal interests. Carriers Global Forwarding Global Transportation Logistics Mega ship Ocean vessel Ports Sales Terminal Transportation

Unrest in India and the Impact on Global Supply Chains

CH Robinson Transportfolio

Since the protests began, over 1,000 trains have been cancelled, train stations and cargo trains have been burned, and other public properties have been damaged. The widespread nature of the protests have made it difficult to connect cargo to their designated vessels, and congestion will be experienced at both inland depots and ports for some time, even after the situation is resolved. The post Unrest in India and the Impact on Global Supply Chains appeared first on Transportfolio.

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Global Logistics and Trade Programs: An Update on GSP and C-TPAT

CH Robinson Transportfolio

Updates and adjustments to global trade programs have been capturing headlines and creating uncertainty for several months. Even with NAFTA negotiations moving into 2018, there are still other possible global trade updates on the horizon that shippers should keep an eye on. Here’s a brief check-in on two important global trade programs that are on the cusp of potential change. Global Transportation Transportation Policy Customs Global Logistics Global Trade

Los Angeles and Long Beach Terminal Congestions

CH Robinson Transportfolio

Robinson and other Beneficial Cargo Owners (BCOs) participated to ensure that customers’ voices are heard. This is the primary mode of transportation inland throughout the United States and will continue to compete for capacity with the oil and gas industry and truck-intermodal conversion moves into the interior of the United States. Additional Resources: Find out how an expansion of a global crossdock solution created a competitive advantage for Energizer Holdings.

Market Update: Transportation Industry News

CH Robinson Transportfolio

In the transportation industry, there are many moving parts that can impact your day-to-day operations. From monitoring carrier capacity and driver shortages to tracking diesel pricing, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supply chain. While there is no contract extension in place, both parties have pledged to keep cargo moving.

Cross-Border Ecommerce: The Future is Here

CH Robinson Transportfolio

The business transaction, cargo shipping, payment wiring and collection, and document exchanges are no longer individual pieces of the chain. Robinson has built the cross-border ecommerce products that support the needs of Asian sellers who use Amazon Global Selling and other marketplaces to sell products in the United States. The Integration of Global Forwarding Services. Cross-Border Ecommerce: The Future is Here | C.H. Robinson.

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Market Update: Transportation Industry News

CH Robinson Transportfolio

In the transportation industry, there are many moving parts that can impact your day-to-day operations. From monitoring carrier capacity and driver shortages to tracking diesel pricing and government regulations, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supply chain. Which transportation indicators or topics are most relevant to your interests?

What’s Your Plan if There’s a West Coast Port Strike?

CH Robinson Transportfolio

Montreal uses both the CN and Canadian Pacific Railroad (CP) and is a better, more viable option for Inland Port Intermodal (IPI) cargo. There is also a good possibility that carriers might discharge cargo at the main transship points of Panama, Cartagena, and Colon and declare force majeure. Be prepared to consider multiple means of transportation, utilizing truck and intermodal as needed to keep products moving. What’s Your Plan if There’s a West Coast Port Strike?

4 Factors to Help Negotiate Better Ocean Shipping Contracts This Year

CH Robinson Transportfolio

After this experience, some companies feel they need to consider their carriers’ financials and do all they can to avoid putting their cargo on carriers that they perceive to be at risk. While companies are understandably concerned, avoiding one carrier in today’s environment of mega alliances may not be the answer—the fact remains that the cargo will move with the carrier under a different bill of lading. Global Transportation Ocean Shipping shipping alliances

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How to Plan for Common Disruptors in Ocean Freight

CH Robinson Transportfolio

The major impact will be to hazardous cargo (majority of classes), with a hold on Xiamen port from August 1st to September 7th, including imports to Xiamen, exports from Xiamen, and transfers via Xiamen. For example, we can’t predict when the next global recession will occur, but we can look at what happened last time and be ready to make the adjustments that proved most effective in managing risk. Global Forwarding Global Transportation Disruption Ocean Freight Ocean Shipping

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Market Update: Transportation Industry News

CH Robinson Transportfolio

In the transportation industry, there are many moving parts that can impact your day-to-day operations. From monitoring driver shortages to tracking diesel pricing, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supply chain. They detract from GDP but add to domestic freight tonnage, so this is positive for the transportation sector.

How Does the Chinese New Year Impact Rate Volatility?

CH Robinson Transportfolio

million TEUs to the global market—and only 200,000 TEUs removed through scrapping or vessel conversion. Because the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) didn’t reach an agreement until February 2015, most of the beneficial cargo owners (BCOs) had moved their volumes ahead of the peak season in order to avoid possible delays at the port. Carriers Global Transportation Logistics Supply Chain Chinese New Year Rate Volatility