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Federal Maritime Commission to assess carriers’ compliance on demurrage and detention

Shipping and Freight Resource

The Federal Maritime Commission has established a new audit program and dedicated audit team to assess carrier compliance with the Agency’s rule on detention and demurrage as well as to provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services. FMC Establishes Ocean Carriers Audit Program.

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2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Air Freight Transportation Trends 2020. Below are the statistics as provided by Seabury, and reported in a Flexport article in mid-April: Capacity from Europe to North America is down by 52%.

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The importance of declaring correct cargo details and consequences of cargo misdeclaration

Shipping and Freight Resource

However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. In this article, Peregrine Storrs-Fox, Risk Management Director of TT Club writes about the importance of declaring correct cargo details and consequences of cargo misdeclaration.

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Container Freight Costs and Forecasting: Intrinsically Linked & Frustratingly Challenging

Logistics Bureau

This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting. Of course, it’s all very well to focus on increased forecast accuracy, but the opportunities of this approach are finite.

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This Week in Logistics News (May 14 – 20)

Logistics Viewpoints

But I just read an article about another labor shortage Walmart is facing: store managers. Orca AI is a developer of safety software platforms designed specifically for maritime vessels. The deal sets the lofty goal of deploying 12,000 of Wingcopter’s 198 drone systems over the course of the next 5 years.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. However, if correct, the recent murmurings of Maersk cutting out forwarders, (see this Loadstar article ), change the tone of the conversation.

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Upcoming Apps Coming to the Shipping World in 2019 and Beyond

MTS Logistics

According to an article on Splash247.com, Another application ready to hit the market is another matching app that has been referred to as the “shipping Tinder” It will use algorithms to match users with “real-time and precise communication centered around business opportunities related to maritime and transportation.”