Longsail

Do you still remember the rumors that "K-LINE will be filed for bankruptcy reorganization" at the end of September 2016? On December 22, 2016, Japan's Kawasaki Kisen Kaisha, Ltd. filed a civil lawsuit against the Tokyo District Court for APL Logistics Ltd (APLL). It is understood that Japan Kawasaki Steamship Co., Ltd. was established in 1919. K-LINE is not only one of the three largest shipping companies in Japan but also one of the top ten shipping companies in the world. The group is mainly engaged in the maritime industry. In addition to its large-scale professional transportation fleets with world-class levels, it also operates terminal business and third-party logistics business. At the end of September 2016, some employees of APLL issued a message to K-LINE Agency by mail, stating that there is a significant bankruptcy risk for K-LINE, showing strongly recommendation that customers terminate the company's cabin reservation and change the shipping space of o...

ATTENTION: The OA Alliance has a direct flight route to East and Egypt on August 12, and the COSCO said that the cabin in OMIT Shanghai has been tightened instantly after the date on August 5th. Some ship owners have stopped receiving new orders due to the lack of warehouse. If you have a shipping plan, please make an early reservation as soon as possible. It is better that you should book the "high-risk" voyage in the most early time. On July 23, Hyundai Merchant Marine officially joined the New York Shipping Exchange (NYSHEX), becoming the seventh shipping company to join the NYSE. According to Alphaliner data sources, in less than a year, NYSHEX owned six of the world's top carrier members, accounting for 52% of the world's total shipping capacity - they are Maersk Line, Hapag Lloyd, CMA CGM, MOL, OOCL and COSCO. NYSHEX's current ocean carrier members represent all three major container shipping alliances: H 2M, Ocean Alliance and THE Alliance. Lawrence B...

It is the trend that railways and water combined transport volume will be increasing. In the first half of the year, China's container railways and water combined transport volume increased by 30%. On July 26, the press conference of the Ministry of Transport reported that under the strategy of fully promoting the shipment of bulk materials by railways and water transport, the volume of containerized railways and water combined transport in China increased rapidly in the first half of this year. Mao Jian, deputy inspector of the Department of Comprehensive Planning of the Ministry of Transport, said that in the first half of this year, China's cargo transportation volume reached 23.21 billion tons, a year-on-year increase of 6.9%, and the growth rate was 0.6 percentage points higher than that in the first quarter. Among them, railway freight maintained rapid growth, with a cargo volume of 1.96 billion tons, a year-on-year increase of 7.7%, accounting for 8.4% of the total soc...

As the impact of new retail has deepened, the traditional express delivery industry has begun to adapt to the transformation of the ages. Recently, according to the data showed that about 70% of express parcels are generated by e-commerce business every year. The following homogenization competition has led to the continuous decline of gross profit margin of express delivery companies. In order to change this status, express delivery companies began to test new retail, trying to use big data, artificial intelligence and online-offline collaboration so that it can give a new look to the express. According to industry insiders, driven by data and technology, the logistics express industry will not only optimize the intelligent warehousing coordination and distribution path, ...... If you want to see more pictures, and learn more,pls click here: http://sowoll.com/en/dnewsdetail/863.html

Recently, shipping giant Maersk is eager to solve the problems encountered in Tunisia. Faced with the deadline, Maersk has not yet obtained the key license required to operate in this country in Tunisia. It is reported that there are 10 days left before the deadline for Maersk, and relevant documents must be obtained before the deadline of July 30. A Maersk spokesperson said that "We are having a dialogue with the Tunisian Ministry of Transport and solving this problem within the time allowed by the local government. This is a top priority for Maersk. The Tunisian media reported that the incident was mainly due to the fact that Maersk had not yet found a local partner in law, which was required by Tunisian. The law in Tunisian indicated that...... If you want to see more pictures, and learn more,pls click here: http://sowoll.com/en/dnewsdetail/864.html

Previously, Sofreight.com had reported that the Nigerian Port Authority issued a sanctions order to suspend 10 days of port services for shipping companies including Maersk and COSCO. Including the several shipping companies to be sanctioned, the entire foreign trade forwarding industry is also very concerned about this situation!   According to the latest news from Sofreight.com, two major shipping companies, Maersk and COSCO, have issued announcements stating that they have not been affected by the sanctions order (COSCO), or have allowed to call at the Nigerian port (Maersk)! In a statement issued by COSCO, it had communicated with the Nigerian authorities to confirm that the ships of COSCO were operating normally. There had not been affected. That issue is not simple.......  If you want to see more pictures, and learn more,pls click here: http://sowoll.com/en/blog/post/391-cosco-and-maersk-have-issued-a-notice-of-normal-call-to-nigeria-but

There are more and more indications showed that with the developing of US-China trade war, the main trading routes of container trade has begun to slow down. The impact of trans-Pacific container shipping has emerged. The maritime transportation alliances are gradually eliminating the trans-Pacific region services. As shipping companies didn’t struggle for supply and demand little by little, less demanding has pushed up the number of idle ships. According to PIERS data, trans-Pacific trade has been under pressure with capacity 6.7% fallen. Imports from Asia to US were 2.7% lower than in April 2017, and in May fell by 0.1% year-on-year. The growth in June increased by 5% compared with the same period last year.   With the $34 billion came into effect on July 6 and the $16 billion tariff that has not yet been implemented, the impact of the new tariff on the US potential containers from China is up to 47.5% (5.1 million TEU)....... Learn more: http://sowoll.com/en/blog/post/390-...

United Parcel Service is working on an ambitious analytics and machine learning project to gather and consolidate data from various applications within the company’s logistics network to better predict package flow, volume and delivery status, writes The Wall Street Journal (July 17, 2018). The predictive analytics tool will gather and analyze more than 1 billion data points per day at full-scale, including data about package weight, shape and size, as well as forecast, capacity and customer data. This allows UPS to know exactly what’s going where, and when it’s going to arrive, much more accurately than before. The project is an example of how UPS is upgrading technology systems as it faces heavy competition from rivals including FedEx and Amazon as well as ever-growing e-commerce shopping demands. The company still relies on some outdated equipment and manual processes, ...... Learn more: http://sowoll.com/en/dnewsdetail/862.html

Pilot Freight Services acquired Manna Freight Systems to expand its final-mile delivery and installation services of furniture and appliances. Terms of the deal were not released. Lima, Pa.-based Pilot is a transportation and logistics provider with offices in North America and operations in Western Europe and Asia Pacific. Its freight forwarding services include air, ground and ocean transportation. It offers clients expedited and time-definite services, international shipping, product warehousing and inventory management. Manna, based in Mendota Heights, Minn., provides expertise and final mile delivery in the heavy and hard-to-handle product category. Manna’s brands include Manna Distribution Services offering nationwide, fast, white-glove service; Orion Air Ride specializing in white-glove delivery of high-end furniture; ...... Learn more: http://sowoll.com/en/dnewsdetail/861.html

 Adani Logistics, a subsidiary of Adani Ports and Special Economic Zone (APSEZ) and NYK Auto Logistics (India) have joined hands for transporting finished vehicles. The joint venture will use automobile freight trains to strengthen their finished vehicles transportation service network.   The two companies concluded an agreement for establishing the JV. "This partnership allows us to strengthen inland capabilities with a reliable association by focusing on quality & visibility in the supply chain," Naotaka Ishizawa, managing director, NYK Auto Logistics (India), said.     The automobile sector is witnessing a rapid growth. Loading activity has increased 16 per cent in 2017-18, a statement from Adani Logistics said. This growth, coupled with the government's focus on promoting alternative means of transportation to reduce carbon footprint, and increasing demand of transporting vehicles through rail mode, is gaining traction, the statement added.   "This f...

The age of the freighter is clearly not over – although the 777 is the new aircraft of choice.   Orders pledged at the Farnborough Air Show are starting to trickle in.   First off the block in cargo was DHL Express, which announced an order of 14 777 freighters and options on seven more. The delivery of the first four is expected to be completed next year.   The company said the new freighters would gradually replace older aircraft in its fleet, while the options would “support cross border e-commerce business as a profitable growth driver”. The company said in a statement that “overall, these 14 intercontinental plane replacements are capacity neutral, but operational wise with significant cost, efficiency and reliability benefits.   “And, while DHL Express in the past has chiefly been leasing aircraft to operate its global network on the routes, ......  If you want to see more pictures, and learn more,pls click here: http://sowoll.com/en/dnewsdetail/8...

While container shipping lines face soaring operational costs, recent signs that they are preparing to suspend services in light of weakening demand suggest vessel charter rates could also come under pressure. According to new analysis from Drewry Maritime Research, daily vessel charter rates have “fallen slightly over the past few weeks as carriers have reacted to the red ink by suspending a number of services, releasing some ships back to the open market, but they remain significantly higher than a year ago”. Drewry’s figures show that, in the first quarter of this year, charter rates across all sizes were up 50% year on year and gained further in April and May “to approach heights last seen in mid-2015, with daily prices for classic panamax ships being fixed for around $13,000, according to broker reports”. But while shipowners may have welcomed a stronger charter market, Drewry warned it also posed a considerable challenge to their business model......  If you want to s...

After a strong first six months with container drop-offs at an exceptionally low level, container leasing companies face a tougher second half. Financially stressed ocean carriers are closing loss-making routes and postponing new services. This month’s Drewry Container Census & Leasing annual review and forecast report expects the return for the sector to be “squeezed”, due to the higher cost of newbuild equipment and static leasing rates.   “With little change in lease rates anticipated over the next few years, investment returns are forecast to remain under pressure,” said Andrew Foxcroft, Drewry’s lead analyst for container equipment.“Although we have seen returns edge up to near 10% in the first half of this year, we do not expect these levels to be sustained given the recent build-up of factory stocks.” Long-term lease rates for standard dry containers soared by over 50% last year, a spike attributed primarily to the Hanjin bankruptcy in September 2016, which...

Forwarders are advised to brace themselves as the China-US trade war kicks up a gear. The US administration has announced plans for a further $200bn worth of tariffs on Chinese exports.   This follows  Bloomberg  reports this week that President Donald Trump was eyeing tariffs on “every single Chinese import”. Executive director of the Air Forwarders Association, Brandon Fried, told  The Loadstar  these threats should be taken seriously.“Our president appears to be more than willing to escalate the issue to get the reprieves he wants from the Chinese,” he said. “We’ve seen that he considers himself a shrewd negotiator – well, these tactics may work in the real estate world, but I’m not sure how far they’ll go in international trade.” According to Mr Fried, his members are worried about the implications of what has been described as an “unnecessary” spat will have on volumes. While he does not believe there will be any initial impact from mov...

Nowadays, the high-speed rail is the fastest transportation on land and the fastest transportation tool in the logistics industry. Not only can high-speed rail make arrive to any places in one day, but also can it make our life become better and better. According to the data released by the Ministry of Railways, as of the end of 2017, the total mileage of railways in China has reached 127,000 kilometers, of which 25,000 kilometers are by high-speed rail. Now, the high-speed rail network is the basic shape of “four horizontal and four vertical” following previous program. It will cover mid-eastern developed areas and he region with the most developed logistics demand in China. The gap between high-speed rail and land transport is like the comparison between 4G network and 2G network. It will inevitably eliminate inefficient production tools showing the pursuit of speed and efficiency. High-speed rail make the dream of parcels nationwide delivered within one day, but it has not been ac...