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Archives for June 2018

GEODIS recognized as a Leader in the 2018 Gartner Magic Quadrant for Third-Party Logistics, Worldwide

June 28, 2018 by

 

GEODIS’ highly structured customer segmentation strategies, strong innovation culture and active Corporate Social Responsibility strategies serve the efficiency of its full-fledged portfolio of services.

(Levallois-Perret, France, June, 28) – GEODIS, a worldwide leader in transport and logistics, was recently recognized as a Leader by Gartner, the world’s leading information technology research and advisory company, in its May 2018 Magic Quadrant for Third-Party Logistics, Worldwide. GEODIS has five Lines of Business (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express and Road Transport), which manages its customers supply chain by providing end-to-end solutions enabled by its people, its infrastructure, its processes and systems. GEODIS’ service portfolio is strongly supported by the highly structured customer segmentation strategy that clearly defines how the company supports and adds value to each customer segment.

“We are honoured to be recognized as a Leader in the Gartner Magic Quadrant” comments Marie-Christine Lombard, CEO of GEODIS. “We believe this recognition is a validation of our strategy to be the growth partner of our clients, and feel it testifies to the continued efforts the company makes to always better serve its customers.”

The world’s leading research and advisory company, Gartner equips business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities and build the successful organizations of tomorrow. Gartner’s Magic Quadrant for Third-Party Logistics, Worldwide evaluates third-party logistics providers’ ability to be a preferred global provider. Supply chain leaders in logistics can use this research to better evaluate these 3PLs and their capabilities when selecting the right set of providers to meet their global logistics needs.”

ENDS

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GEODIS – www.geodis.com 

GEODIS is a worldwide leader in transport and logistics operating directly in 67 countries and serving 120 countries through its agent network.

In 2017, GEODIS generated €8.1Bn in sales with 40.500 employees worldwide.

 

 

Filed Under: GEODIS

The American Club concludes 2017 Centennial Year with growth in tonnage and surplus despite a challenging business climate

June 25, 2018 by
George D. Gourdomichalis

George Gourdomichalis, new Chairman of the American Club, of Phoenix Shipping & Trading S.A.

Positive trends of recent years continue into 2018

  • P & I and FD & D entries grow by 8% and 6% respectively during 2017.
  • Headline premium declines by 5% to $98.7 million, but incurred losses fall by nearly 50% to $36.3 million.
  • 2017 policy year claims emerging more favorably than previous year.
  • Pool exposures continue at moderate levels.
  • Investment portfolio generates an 8.1% return, best in nearly a decade.
  • GAAP and statutory surpluses increase year-on-year, by 12% and 13% respectively.
  • New reinsurance program affords Club excellent net loss protection.
  • 2018 policy year claims developing very modestly at early stage.
  • 2015 policy year closed and $12 million surplus transferred to contingency account.
  • 2016 policy year release call margin reduced from 15% to 10%.
  • Eagle Ocean Marine maintains steady growth with excellent profitability.
  • American Hellenic Hull continues to expand its market footprint.
  • Safety and loss prevention initiatives gain further momentum.
  • Arnold Witte and Markos Marinakis retire as Chairman and Deputy Chairman of the Club’s Board. 
  • George D. Gourdomichalis of Phoenix Shipping& Trading S.A. elected as new Chairman, with Robert D. Bondurant of Martin Resource Mgmt. Corp. as Deputy Chairman.

NEW YORK, JUNE 25, 2018: Despite a challenging trading climate, the American Club made excellent progress during its 2017 centennial year.  Members attending the one hundred and first Annual Meeting of the Club in New York last Thursday heard that its business had developed positively over the previous twelve months, and 2018 had started on an encouraging note.

Following vigorous tonnage growth in 2016, the Club had experienced a further uplift of 8% in P&I entries and a 6% increase in FD & D business during 2017.  Moreover,  the portfolio renewed at February 20, 2018 continued to enjoy an outstanding profile, with a trailing five-year gross loss ratio of only 48%.

The Club recorded a net operating surplus of $5.7 million for the financial year to December 31, 2017 compared with a loss of just under $2 million in 2016.  With unrealized gains on investments taken into account, the Club’s bottom line earnings were $6.2 million for the year, a turn around of more than $11 million by comparison with 2016.These positive results led to increases in both GAAP and statutory surpluses at year-end 2017 of over 12% (to $57.6 million) and about 13% (to $74.8 million) respectively.

Incurred losses were significantly lower during the year to December 31, 2017 ($36.3 million) by comparison with the figure twelve months earlier ($70.8 million), a reduction of nearly 50%.  Although reinsurance costs grew during the year, having an impact on net premium earned over the period, management allowances declined by more than 5%.  Part of the increased reinsurance expense related to a new program covering the Club’s retained exposures, affording it excellent net claims protection for the current and future years.

As to policy year development generally, the favorable trends of the recent past had continued into 2017.  In particular, attritional claims for 2015 had been modest and had contributed to the substantial surplus for the year.  Retained exposures for 2016 were holding steady, while those for the 2017 policy year were following a similar direction.  Although not as favorable as they had been in earlier years, losses within the International Group’s Pool also continued to develop at a moderate pace.

Initial claims indications for the 2018 policy year were very favorable, with losses for the Club’s own account after the first four months emerging at a level some 35% better than the previous year at the same stage.

The Club’s investments had generated an overall return of 8.1% during 2017, the best result in nearly a decade.  This was a substantial improvement onthe return of 2.4% during 2016.

The Club’s Eagle Ocean Marine (EOM) fixed premium facility had performed strongly in 2017, and into the early part of 2018.  Annual compound premium growth had been in excess of 20% since 2015.  Gross income for the latest facility year, which was to conclude on June 30, was in excess of $10 million.  Since inception, EOM had enjoyed a cumulative combined ratio of about 70%, inuring to the benefit of both the Club and its co-venturers at Lloyd’s.

In consequence of these trends, and reviewing the results of the 2015 policy year specifically, the Club’s Board resolved formally to close the year without call in excess of the original forecast.  The surplus on closure, of approximately $12 million, would be transferred to the Club’s contingency account.  At the same time, in view of its improving development, it was decided to reduce the release call margin for the 2016 policy year from 15% to 10%.

The fortunes of American Hellenic Hull Insurance Co., Ltd. – the Solvency II–accredited investment of the American Club domiciled in Cyprus – had enjoyed a positive trajectory during 2017.  The company had largely exceeded its commercial targets during the period, being ahead of plan in relation both to gross premium written and to the number of vessels insured.  The Club also continued to benefit from the cross-selling opportunities for its P&I business which had arisen from its involvement with this internationally respected insurer of hull and war risks.

In July 2017, the American Club won the Seatrade Investment in People Award.  In September, Ms. Dorothea Ioannou, the Managers’ Chief Commercial Officer, won the Lloyd’s List Global Next Generation in Shipping Award, a testament to the Club’s current service reputation and the market’s expectations of an equally illustrious future       .

The implementation of new safety initiatives continued during 2017. They included two pocket guides – Good Housekeeping and Signing Bills of Lading; and guidance on seafarer mental health – What’s on your Mind?  In addition to publishing other loss prevention material, the Club had recently initiated a joint venture with the American Bureau of Shipping (ABS) and Lamar University of Texas to identify, assess and disseminate near-miss and casualty information relevant to the human element in maritime transportation.

At the Annual meeting of the Club’s Directors, which took place immediately after that of the Members, Mr. J. Arnold Witte of Donjon Marine Co., Inc. and Mr. Markos Marinakis of Marinakis Chartering, Inc. retired from their positions as, respectively, Chairman and Deputy Chairman of the Board.

Mr. George D. Gourdomichalis of Phoenix Shipping & Trading S.A. was subsequently elected as the new Chairman of the Board and Mr. Robert D. Bondurant of Martin Resource Mgmt. Corp. was elected as Deputy Chairman.  In recognition of their service over a period of great change and exceptional progress in the affairs of the Club, Messrs. Witte and Marinarkis were accorded the honor of continuing to hold their former offices emeritus on a special vote of thanks of their fellow directors.

In reviewing the results of the Club’s centennial year, Mr. Witte, the retiring Chairman, said: “I am pleased to have concluded my tenure as Club Chairman in celebrating its centennial year and being present to look forward to the Club’s next century of service to the global maritime community.  I have been supported with unwavering commitment by my Deputy, Markos Marinakis, for more than a decade, and most ably assisted by the distinguished professionals who have served with us over the years on the Board.  I have no doubt that the Club will go from strength to strength in the future.”

Mr. Gourdomichalis, the new Chairman, said:  “I am honored to have been elected by my fellow Directors to serve as their Chairman.  I salute Arnold Witte and Markos Marinakis for their exemplary service in the past and look forward to working with my friend and colleague Bob Bondurant in the discharge of our responsibilities in the future.”

Mr. Gourdomichalis continued: “We are all committed to the continuing success of the American Club and, working closely with our Managers, I am certain that we will build on the great progress of recent times to secure yet further achievement over the years ahead.”

In conclusion, Joe Hughes, Chairman and CEO of Shipowners Claims Bureau, Inc., the Club’s Managers commented:  “2017 was a year to remember for the American Club.  The celebration of its centennial proved to be an auspicious backdrop to the success it achieved in many areas of its activities.  The Club has commenced its second century of service better placed than ever to exploit the opportunities of the future.”

ENDS

Notes to Editors

The American Club

American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club) was established in New York in 1917. It is the only mutual Protection and Indemnity Club domiciled in the entire Americas and its headquarters are in New York, USA.

The American Club has been successful in recent years in building on its US heritage to create a truly international insurer with a global reach second-to-none in the industry. Day to day management of the American Club is provided by Shipowners Claims Bureau, Inc. also headquartered in New York.

The Club is able to provide local service for its members across all time zones, communicating in eleven languages, and has subsidiary offices located in London, Piraeus, Hong Kong, Shanghai and Houston, plus a worldwide network of correspondents.

The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping.

For more information, please visit the Club’s website http://www.american-club.com

The full 2017 Annual Report for the American Club can be accessed on its website

P&I Insurance

Protection and Indemnity insurance (commonly referred to as “P&I”) provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations; typical exposures include damage to cargo, pollution, death/injury or illness of passengers or crew or damage to docks and other installations

Running in parallel with a ship’s hull and machinery cover, traditional P&I cover distinguishes itself from usual forms of marine insurance by being based on the not-for-profit principle of mutuality where Members of the Club are both the insurers and the assureds.

Filed Under: The American Club

“K” Line release a new Symbol Logo for “DRIVE GREEN NETWORK”

June 20, 2018 by

“K” LINE Group is continually engaged in environmental activities following the PDCA cycle while ensuring environmenal compliance. In order to realize our desirable future expressed i180620 Drive Green Network logon “K” LINE Environmental Vision 20501, our long-term environmental management vition, we commenced a new environmental management system, “DRIVE GREEN NETWORK (DGN)” in 2017 and obtained a statement of conformity2 for DGN from a third-party insutitution, DNV-GL this March to put it on the right track.

In this regard, it was decided we should create a logo for symbolizing our environmental activities and hence, after gathering opinions within the Group, we selected the one shown below. We hope the logo will help let many people become aware of our ongoing DGN activities and further advance our Group-wide efforts.

The logo was officialy presented during the reception held on June 5 for “K” LINE Group Environmental Awards 2018,” which is also World Environmental Day, and has been in use since June 6.

1 Please see the following URL for the details of “K” LINE Environmental Vision 2050 – Securing blue seas for tomorrow –.

https://www.kline.co.jp/en/news/csr/csr-2292932378768149328.html

2 Please see the following URL for the details of the obtaining of a statement of conformity from DNV-GL.

https://www.kline.co.jp/en/news/csr/csr7918214108024507414/main/0/link/20180517EN%20.pdf

Filed Under: "K" Line

In Rennes, GEODIS implements a new Intelligent Lighting System to optimize site management

June 20, 2018 by

After a successful initial pilot phase at the Lille Europe site in Lesquin, GEODIS has outfitted its Distribution & Express platform in Rennes (Brittany, France) with LED lighting and connected sensors. The objectives are to reduce electricity consumption, improve employee well-being with more natural lighting, optimize building temperature, better organize space for storage and flow management, and strengthen the safety of goods.

This IoT (Internet of Things) technology, designed in partnership with the company Enlighted delivers light fixtures, developed by Le Studio Led, that adjust according to ambient light levels or movements of people, thanks to their connected sensors. The installation and configuration are very simple and can be controlled remotely.

Recently equipped with 764 sensors and 921 light fixtures, the Rennes site (16,500 sqm) cut lighting costs by more than 85% in the first month of operating. Since the installment of this new equipment at the Rennes site, the entire workforce has noticed an improvement in visual comfort, because the intensity of each light fixture is customizable and adjustable according to natural light levels.

Moreover, this system enables real-time geo-tracking of goods on site, which is a real asset in terms of freight security.

“This system, which offers many advantages, will also allow us greater control over our operating costs and more dynamic management of our real estate,” indicated Stéphane Cassagne, GEODIS Corporate Secretary, in charge of company property.

GEODIS – www.geodis.com

GEODIS is a worldwide leader in transport and logistics operating directly in 67 countries and serving 120 countries through its agent network. In 2017, GEODIS generated €8.1Bn in sales with 40,500 employees worldwide.

 

Filed Under: GEODIS

New Joint Asia – Australia Service Beefs Up Evergreen’s Offering

June 14, 2018 by

June 14, 2018 – Evergreen is expanding its container transport choices for customers between Asia and Australia by teaming up with Hyundai Merchant Marine (HMM) and APL to provi180614 Ever Blissde a new weekly Central & South China-Australia Express (CAE) service. Five classic Panamax ships with capacities averaging 4,600 TEU will be deployed on the new service, two will be operated by Evergreen Line and the remaining three by HMM and APL. The first sailing is scheduled around mid-August, with regular port calls at Ningbo, Shanghai, Yantian, Sydney, Melbourne and Brisbane.

CAE will augment the line’s two current weekly services (NEAX and CAT) that call at ports in China, Japan, Korea, Taiwan and Australia. The expansion in service offerings is in response to the increasing trade demand on the route. Australia’s economy is reported to have entered stable growth. The rising population, mainly from robust immigration, has not only promoted the expansion of the consumer and housing markets, but also the development of public infrastructure – all stimulating cargo demand on this trade.

In addition to strengthening the current Asia-Australia network coverage, the expanded capacity also provides shippers with more reliable service. Evergreen Line has long cultivated the Australian shipping market, establishing ‘Evergreen Shipping Agency (Australia) Pty. Ltd.’ in 2002. From its base of three offices located at Sydney, Melbourne and Brisbane, the line will continue to assist shippers to enhance their market competitiveness in the region.

Filed Under: Evergreen Line

SAL Heavy Lift repeats success by signing Horns Rev 3 shipments

June 13, 2018 by

180613 MV Svenja - foundation transshipment for GeoSea

Hamburg, 13 June 2018 – SAL Heavy Lift repeats success by signing contract for shipment of a total of 49 transition pieces for the Horns Rev 3 Offshore Wind Farm. The contract has been signed with GeoSea NV, and underlines SAL’s performance and significant track record in the technical heavy lift transport market for complex offshore wind projects.

Once again, SAL Heavy Lift is proud to announce another success in the offshore wind project market, by signing the contract for transporting 49 transition pieces (TPs) for the Horns Rev 3 project. The assignment compiles transportation of TPs from fabrication yards in Aalborg, Denmark and Vlissingen, Netherlands to the project port of Esbjerg in Denmark. SAL’s ability to meet a very demanding project schedule made the decisive factor for GeoSea. Within a very short time, SAL must prepare a full HSSE and Quality plan, create the technical design and finalize the engineering work, execute procurement as well as fabrication of five TP grillages and one lifting tool and get the vessel ready to load the first units.

Philip Stackmann, Project Manager – SAL, explains; “We are proud that GeoSea placed their trust in us for this time-critical project. Looking at a tight time schedule, we draw on past experience and expertise to ensure a safe and successful project. With our ready-made designs for TP grillages and TP lifting tools, which can be modified to the specific needs of our clients, it was possible to meet the demanding requirements of our client.”

GeoSea NV awarded SAL the job, following the contracting of the ongoing Hornsea Project One offshore wind farm project which SAL also undertake for the Belgian marine engineering house.

Justin Archard, Corporate Director – Commercial, states; “Being trusted as business partner for such an important project by GeoSea (DEME Group), shows that SAL is a state of the art technical heavy lift carrier, and adds to our successful track record in this business segment. I am proud that GeoSea chose to contract SAL again.”

This project follows an already extensive list of similar projects that SAL Heavy Lift has executed for construction companies within the offshore wind industry. Starting with the transportation of 68 transition pieces (TPs) to the Veja Mate offshore wind farm in the summer of 2016, following a long engagement transporting 87 monopiles (MPs) and TPs for the Walney Extension offshore wind farm into mid-2017, up to the recent transport of 174 MPs and 68 TPs for Hornsea Project One shows a significant track record in this business segment. Now SAL’s MV Lone will conduct the TP transport for Horns Rev 3.

Each of the 49 TP’s measures 32,27m in height, has a dimension of 7,12m and has a unit weight of 530t.

The project will start early July and run for a period of approximately 65 days.

About SAL Heavy Lift

SAL Heavy Lift, a member of the Harren & Partner Group, is one of the world’s leading carriers specialized in sea transport of heavy lift and project cargo. The company was founded in 1980 as “Schiffahrtskontor Altes Land GmbH & Co. KG” and belongs to Harren & Partner Group since 2017. The modern fleet of heavy lift vessels offers highly flexible options to customers. The vessels of SAL Heavy Lift boast an impressive travel speed of 20 knots, up to 3500 square metres of unobstructed main deck space and combined crane capacities ranging from 550 to 2000 tons: amongst the world’s highest lifting capacity in the heavy lift sector. As a leading global company in the heavy lift and project cargo segment, the company meets the highest standards with regard to quality, technical innovation and health, safety and environment.

www.sal-heavylift.com 

 
Filed Under: SAL Heavy Lift

Portcare and Vooss Hanemann secure Evergreen Line’s Public Relations and Advertising roles in North America.

June 12, 2018 by

June 11, 2018 (New York): Portcare International Ltd. and Vooss Hanemann Associates, Inc., have been chosen by Evergreen Line to represent its public relations and advertising interests within North America.

Portcare International has catered to the needs of the transportation industry since 1997.  Based in the UK, Portcare has represented Evergreen within Europe as part of its client portfolio since 2013. 

Peter Owen, Managing Director of Portcare said, “The institutional knowledge we lend to the efforts of each of our clients within the transportation industry allows us to become a valued partner in the successful presentation of their business.  It is a great honor to broaden our footprint of service to Evergreen by including their North American concerns.”  Mr. Owen had previously served as publisher of Containerisation International, a leading provider of news to the transportation industry.

Vooss Hanemann Associates, founded in 1994, provides public relations, advertising and marketing services to clients across a wide range of industries.  Michael Vooss, president of Vooss Hanemann, will provide Evergreen’s day-to-day needs from the agency’s New York office.  Mr. Vooss previously served as Director of Advertising and Public Relations at Lykes Bros. Steamship Co., Inc., which had operated a fleet of more than 30 container and multi-purpose vessels.

Filed Under: Portcare

“K” LINE Holds Environmental Awards 2018 Ceremony

June 7, 2018 by

Award Ceremony held for “K” Line Group Environmental Awards 2018 on June 5, 2018.

The awards were established to honor and give recognition to outstanding environmental-preservation-contributive activities addressed by executives and employees working throughout the “K” LINE Group pursuant to the direction developed in “K” LINE Environmental Vision 2050. This year, which marked the 4th time since establishment of the awards in 2015, we also accepted many entries from our group companies both in Japan and overseas. Activities of six companies and one volunteer group — one for “Grand Award” and six for “Excellence Award” — were selected from such standpoints as “originality,” “challenge level,” “degree of contribution,” “continuity” and “potential for pervasiveness” with representatives from these companies and group receiving the awards from our President and CEO, Eizo Murakami.

In addition to these existing awards, we newly established a “Sustainability Award” this year. This additional award was created to recognize companies or groups which aggressively engage in environmental activities under the principle of “K” LINE Group’s Environmental Promotion System: DRIVE GREEN NETWORK (DGN) that was started last year, and we selected two companies this year.

The “K” LINE Group will continue to broadly share environmental preservation activities addressed within respective Group companies in order that we can further advance dissemination and enlightenment of environmental preservation activities as an entire Group effort through “K” Line Group Environmental Awards. Through this emphasis on continuing to aggressively contribute to environmental preservation and biodiversity protection, we should successfully accomplish our mission, i.e., “Passing down a sustainable society and this blue and beautiful ocean to the next generation” expressed in “K” LINE Environmental Vision 2050.

Awardees of the “K” Line Group Environmental Awards are as follows:

Grand Award

  • CO2 and cost reduction utilizing truck carrier
  1. “K” Line Mobaru Diamond Indonesia (KMDI)

KMDI developed a carrier car (truck carrier) which was able to load four small trucks in tandem with its client, PT Hino Motors Manufacturing Indonesia (HMMI) and has been in operation since February 2017. HMMI used to consign trucks (products) at the factory and since many of these traveled on their own, it was concerned about troubles such as damage during transportation. By developing the truck carrier, KMDI succeeded in decreasing the number of vehicles running on a road and that realized, combined with improvement of transport quality, reduction of fuel consumption. Furthermore, thanks to the cooperation of PT. Hino Motors Sales Indonesia (HMSI) that is a truck dealer, the carrier has been used for domestic long-distance delivery in their business.

Excellence Award (6) (in random order)

  • Shore power utilization for offshore support ships

K Line Offshore AS

  • Waste reduction and subsequent freight transport increase by selling waste materials

K Line Container Service (Thailand) Ltd.

  • Prevention of marine pollution with rust by scatter control and effective rinsing of tug-boats

Daito Corporation

  • Training and creating environmental awareness amongst crews

“K” Line Ship Management (Singapore) Pte Ltd.

  • Environmental preservation activities in Bacolod City, Bohol Island and Manila Bay

Veritas Maritime Corporation

  • Sato-yama preservation activities at Sarumachi-zuka, the “K” Line’s forest

“K” LINE Satoyama Club

Sustainability Award (2) (in random order)

  • Seagate Corporation
  • Nitto Total Logistics Ltd.
Filed Under: "K" Line

‘Brave new world?’ – What industry leaders really think the future holds for container transport

June 6, 2018 by

~  A comprehensive report into the global container transport industry authored by TT Club and McKinsey ~

Coinciding with its 50th anniversary, leading international freight transport insurer TT Club, in conjunction with global management consulting firm McKinsey, have today published ‘Brave new world? – Container transport in 2043’, a wide-ranging, qualitative report summarising the passionate thoughts and opinions of industry leaders on what the future holds for the container industry over the next 25 years.

Rather than focusing on purely quantitative research and analysis of trends, the authors of the report interviewed over 30 highly respected industry leaders and experts from a wide cross section of the industry. The aim was to gain a qualitative insight into the perceptions and confidence of the people who have greatest experience in the industry and are best placed to predict the sector’s future. These included Board Members of TT Club, but importantly other supply chain professionals, financial intermediaries, law firms, and disruptors and innovators.

Following the research, TT Club and McKinsey, in ‘Brave new world?’ have drawn five broad conclusions as to where the industry is going and then have examined four specific potential future scenarios together with their implications. Two of these scenarios centre on digitalisation and two on trade development, or the lack of it.

The development of containerisation over the past fifty years is well documented. The industry is now well-established at the centre of international trade with over 90% of consumer goods (TVs, toys, clothing, furniture) and many raw materials being shipped in these metal boxes. Yet despite the success of the container, the returns for the average container liner operator or freight forwarder have lagged the cost of capital over the last two decades. There have only been a few winners who have found a sustainable recipe for value creation.

So what will change in the future or will the familiar boom and bust cycle continue? ‘Brave new world?’ reports five broad conclusions:

  1. The physical characteristics of the industry are unlikely to change, as the container and the ships that carry them will still exist over the next 25 years
  2. Trade flows will become more balanced across trade lanes as incomes converge between East Asia and developed economies, and the emerging economies in South Asia and Africa “catch up”
  3. Automation will be broadly adopted across the value chain, especially on the landside in ports, terminals, rail and trucking, to unlock significant efficiencies
  4. Digital, data, and analytics will cause a fundamental shift in the sources of value creation and customers will expect a high level of reliability, transparency and user-friendliness
  5. The industry leaders in 2043 will look very different; some will consolidate, others may change their business model. Some will be “digital natives”, either start-ups or e-commerce players optimising the container transport leg of their supply chain

Drawing together these broad conclusions, the report identifies the key sources of value creation for the industry, leading to a pivotal debate as to whether the future is fundamentally driven by trade or by digitalisation. From this, the authors derive four possible outlooks for the future in thought-provoking articulation.

Charles Fenton, Chief Executive Officer, TT Club, says:

“TT Club was founded in 1968 by some of the early adopters of the unitisation of cargo, the container. We have been keen to mark our 50th anniversary of the start of a Member-owned, mutual insurer by launching this report. From inception, TT Club has had a philosophy of listening to its Members and sharing their experiences to make the industry safer and to minimise risk whilst lobbying for and embracing change when and where it’s required.

“Therefore this piece of research, asking industry leaders what the future of the industry may look like and issuing ‘Brave new world?’, is I think a most appropriate project. We believe the container transport industry will face challenges as technology changes the environment, but we are confident that an industry that has shown itself adept at change will rise to meet these challenges.

“The container’s simplicity and modularity has made it the mode of choice for transporting many goods across the globe. This examination of the wisdom and perceptiveness of the industry’s opinion formers is, we believe, relevant in exploring how such strengths will develop the container transport environment by 2043.”

Martin Joerss, Senior Partner, McKinsey, says:

“More than 50 years after the introduction of the container, the container transport industry faces the transformative rise of digital, data, analytics, and automation. There is a range of futures where digital fundamentally changes the industry’s economics – for the benefit of both customers and industry participants – but getting there will require vision and relentless execution.”

For further details, including a full transcript of the report please visit:

www.ttclub.com/tomorrow 

Notes to editors

About TT Club

TT Club is the international transport and logistics industry’s leading provider of insurance and related risk management services. Established in 1968, the Club’s membership comprises ship operators, ports and terminals, road, rail and airfreight operators, logistics companies and container lessors. As a mutual insurer, the Club exists to provide its policyholders with benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.

TT Club is managed by Thomas Miller.

www.ttclub.com

 

Filed Under: TT Club

Dachser expands its range of LCL services

June 4, 2018 by

Kempten, June 4, 2018. As the groupage leader in the German and European markets, Dachser operates a close-knit overland transport network. But the logistics provider’s closely integrated groupage network extends to sea freight, too. In 2018, 26 new LCL (less than container load) connections will be launched. For180604 Dachser_Air_and_Sea_Logistics six of its existing services, Dachser is increasing the frequency of departures from every two weeks to every week.

The appeal of LCL services comes down to timing: by coordinating the grouping of goods and the timing of fixed container trips between ports, customers benefit from improved planning, transit times, and transparency for their shipments. For example, shipments between Bangalore and Hamburg have a transit time of 22 days.

To date, Dachser has added the following fixed routes to its LCL groupage transports: weekly LCL services from Bremen to new destinations in the US (Los Angeles, New York, Chicago, Boston, Houston, Atlanta, and Charlotte); from Hamburg to India (Nhava Sheva and Chennai); and from Hamburg to New Delhi as of June 1. In the other direction, there are connections from Chennai and Nhava Sheva to Hamburg, which have been supplemented by connections from New Delhi and Bangalore to Hamburg. Another new connection is the weekly route from Shanghai in China to Santos in Brazil. And out of Antwerp, Dachser will run routes to Hong Kong, Veracruz, Singapore, Busan, and Nhava Sheva.

“Customers taking advantage of our LCL services benefit from attractive transit times, faster availability of goods at the city of destination, greater flexibility, and precise supply chain planning thanks to container management and direct sea connections,” says Günther Laumann, Head of Global Ocean Freight at Dachser.

Dachser sees great potential in expanding its sea freight network for Dachser Interlocking: thanks to the close collaboration between Dachser Air & Sea Logistics and Dachser European Logistics, the company can offer its customers fully integrated logistics solutions comprising transport, warehousing, and value-added services. Dachser handles pre-carriage through its comprehensive European network and is passing the benefits of grouping shipments on to its customers. Shipments can be tracked continuously from the supplier in Europe to a recipient anywhere in the world.

ENDS

About Dachser:

A family-owned company headquartered in Kempten, Germany, Dachser offers transport logistics, warehousing, and customer-specific services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract-logistics services and industry-specific solutions round out the company’s offerings. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 29,100 employees at 396 locations all over the globe, Dachser generated revenue of 6.12 billion euros in 2017. That same year, the logistics provider handled a total of 81.7 million shipments weighing 39.8 million metric tons. Country organizations represent Dachser in 44 countries.

For more information about Dachser, please visit www.dachser.com

Filed Under: Dachser UK
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