Changing the Ocean Shipping Game, Amazon, Alibaba, Maersk, and CMA CGM Leading the Way
February 17, 2017
Online booking will bypass freight forwarders using Alibaba's shipping platform, One Touch, the world's largest e-commerce platform, Maersk and CMA CGM have signed letters of understanding to work together with Alibaba, and Amazon China is now a year into their new venture as a freight forwarder, game changing events for sure.
Hanjin Shipping is Officially Bankrupt
February 17, 2017
A South Korean court on Friday pulled the plug on Hanjin Shipping Co., declaring it bankrupt and ordering the liquidation of a company that has led the country’s shipping industry for the past four decades.
A Revolution in Tracking Container Rates
October 12, 2016
The finances needed to run a carrier today are enormous, as are the risks to shippers that a carrier disappears suddenly and rates quadruple; a hedging ability would remove much of the financial risk that continues to threaten the container industry today.
Reducing Global Logistics Costs with Benchmarking and Shipping Container Pricing Transparency
October 12, 2016
In this report, we examine Best-in-Class companies’ performance on their global logistics costs and how benchmarking and pricing transparency for shipping containers can improve their global cost structure.
Neopanamax Container Ship is Biggest to Visit Port of New York and New Jersey
July 10, 2016
The Port Authority of New York and New Jersey and GCT USA welcomed the MOL Benefactor – the largest container ship ever to call on the Port of New York and New Jersey at GCT Bayonne – during its maiden visit at noon on Friday, July 8, 2016.
