Transport communications

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K” Line Group Introduces New Total Auto-Logistics Business in Peru

KAR Logistics Perú S.A.C. (KAR Peru), a 50-50 joint venture company between Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Agencias Universales Perú S.A. (AGUNSA Peru), has started full scale automobile logistics business around Lima, Peru in June 2021. Although there was a temporary decrease in sales due to the COVID-19, we anticipate that automobile sales and imports will improve and expand in the medium to long term. In order to meet the increasing demand for services associated with the transportation of finished vehicles, KAR Peru will provide comprehensive logistics services for finished vehicles to importers and dealers.

In 2017, we established KAR Logistics S.A., a joint venture with local logistics company Agencias Universales S.A.( AGUNSA) which handles total logistics services in Chile(R1) and other South and Latin America, to start automobile logistics business in Chile. By utilizing the experience and know-how gained in Chile, “K” Line established KAR Peru with AGUNSA Peru, a subsidiary of AGUNSA to expand our business in South and Latin America.

“K” Line Group places “Logistics Business” as a stable profit-making sector in its “Management Plan,”(R2) and by following this strategy, “K” Line is further enhancing its Automobile Logistics Business that is already in operation in Indonesia, Thailand, Vietnam, Philippines, Singapore, Australia, Brazil, Mexico and Chile. “K” Line will continue to make every effort and do its best for achieving maximum customer satisfaction by utilizing its many years of experience and know-how in sea transportation by Pure Car Carrier vessels.

“K” Line : Providing the space for vaccination site in Philippines

Rayomar Group, business partner of Kawasaki Kisen Kaisha, Ltd. (“K” Line) in Philippines, (Note1), started COVID-19 vaccinations for its employees and staff at “K” Line Maritime Academy Philippines (Note2) with approval from Department of Health (DOH) and Pasay City.

Vaccinations are mainly conducted by “K” Line Clinic operated by a member of Rayomar Group which provides medical services for “K” Line seafarers in Philippines.

In Philippines, vaccinations are slowly progressing. But in order to ensure a stable supply of seafarers to sustain maritime transportation that supports the infrastructure of our daily lives, “K” Line will continue to promote vaccinations for seafarers on managed vessels and staffs working at affiliated companies at sea and shore.

(Note 1) In 1989, “K” Line has established a manning company in Philippines as a joint venture with our business partner, RAYOMAR MANAGEMENT INC, to recruit Filipino seafarers and provide to our fleet.

Raymor Management Inc Web Site : https://www.rayomar.com.ph/

(Note 2) “K” Line Maritime Academy Philippines, “K” Line Group’s training facility for seafarers in Philippines, accepts a total of 10,000 trainees a year, and as one of the major pillars supporting “safe ship operation and environmental protection”, which is the foundation of our business, “K” Line is securing and training high-quality seafarers on a stable basis.

ICHCA and TT Club Collaborate in the Return of the Innovation in Safety Award

ICHCA International, the global cargo handling association, with the support of international freight transport insurer, is once more hosting the TT Club Innovation in Safety Award after a hiatus in 2020 due to the pandemic.

The global supply chains and, in particular the cargo handling and transport operators that facilitate them, have been challenged as never before over the past year and a half.  In an environment of dynamic trade flow variation with mounting volumes in many areas, restricted capacity, congestion and disruption, it is vital to maintain vigilance in matters of safety. 

Both ICHCA International and TT Club have a fundamental commitment to risk reduction throughout the supply chain.  Their renewal of an award programme to profile and celebrate the work of those striving to find ways to mitigate such safety risks reflects the paramount aim within both the organisations’ philosophies.

Richard Steele is the newly appointed Technical Director of ICHCA.  “I am pleased that, early in my tenure, I am able to announce the re-introduction of this Innovation in Safety Award.  The world’s cargo handling industry functions, and its people live and operate, in stressful times,” he comments.  “At times like these when the exigencies of cargo flows, often peak to result in unparalleled congestion on berths and landside, that safety should be pre-eminent in our minds. This Award and the innovation it encourages will go some way to amplifying that message across the sector.”

The Award will be open to anyone – an individual, team or company – involved in cargo handling or logistics.  Entrants will be required to show that a product, idea, solution, process, scheme or other innovation has resulted in a demonstrable improvement to safety. The Award champions and celebrates the many companies and individuals around the world who are 100% dedicated to ‘making it safe’ every day. Equally, it acknowledges and fosters innovation to improve safety in cargo operations and logistics.

In announcing his organisation’s continued sponsorship of the Award, TT Club’s Risk Management Director Peregrine Storrs-Fox said, “A key part of TT’s mission and deliverable to its Members, and the industry as a whole, is to emphasise the critical nature of loss prevention, and to supply safety advice of the highest quality.  As such, TT remains dedicated to encouraging safety awareness and is delighted to remain intimately involved in the functioning of this Award. It aims to energise and bring visibility to any innovation in equipment, systems or processes that result in improvements in safety and we look forward to examining the wealth of ingenuity expressed in the entries this year.”

Details of entry criteria and deadlines will be announced at the beginning of September 2021.

About ICHCA – International Cargo Handling Coordination Association

Established in 1952, ICHCA International is an independent, not-for-profit organisation dedicated to improving the safety, productivity and efficiency of cargo handling and movement worldwide. ICHCA’s privileged NGO status enables it to represent its members, and the cargo handling industry at large, in front of national and international agencies and regulatory bodies, while its Technical Panel provides best practice advice and develops publications on a wide range of practical cargo handling issues.
Operating through a series of national and regional chapters, including ICHCA Australia, ICHCA Japan as well as Correspondence and Working Groups, ICHCA provides a focal point for informing, educating, lobbying and networking to improve knowledge and best practice across the cargo handling chain.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

Regional winners of the Young International Freight Forwarders of the Year award revealed

Geneva/London, 10 August 2021 – FIATA International Federation of Freight Forwarders Associations and TT Club, international freight transport insurer, reveal this year’s regional winners of the Young International Freight Forwarder of the Year Award (YIFFYA).

The 2021 regional winners are:

  • Region Europe: Glauc Fornes Gil, FETEIA, Spain

Dissertation: More than just a freight broker

  • Region Africa and Middle East: Justin John Goedhart, SAAFF, South Africa

Dissertation: Agents of sustainable development

  • Region Americas: Georgina Alejandra Perez Perez, CIFFA, Canada

Dissertation: Delivering essential tools to the Western and Eastern Canadian Arctic

  • Region Asia-Pacific: Muhammad Wasif Wiqar, PIFFA, Pakistan

Dissertation: Million-dollar shipment

For over 20 years, the YIFFYA has been providing valuable training opportunities for young talent in the freight forwarding industry. The award also provides young professionals looking to develop their knowledge with significant networking opportunities. Today, in the context of the disruptive effects of the ongoing COVID-19 pandemic, investing in and nurturing the future talents of the freight forwarding industry has never been so crucial, making the YIFFYA competition more relevant than ever.

“We are pleased to have received such exceptional work from young professionals for this year’s award, despite the challenges we continue to face globally due to the pandemic,” said FIATA President, Basil Pietersen. “The quality of the dissertations and relevance of the topics addressed this year – covering areas such as bales of fabric, medical supplies, out of gauge plant, and laboratory equipment – truly demonstrate the resilience of the supply chain. It is an honour to contribute to the shaping of bright young minds in our industry.”

“Having been supportive of FIATA’s inspirational initiative to encourage young professionals in the freight forwarding sector for so many years, we at TT Club are continually heartened by the enthusiasm of the entrants to these awards,” said Mike Yarwood, Managing Director, Loss Prevention. “I would also like to acknowledge the forwarding companies, from national associations aligned with FIATA that encourage their employees to spend time and effort in laying out the details of their work projects for scrutiny. Such companies deserve recognition as responsible employers and praise for their professional development programmes.”

Both FIATA and TT Club are thrilled to continually recognize the inspirational and dynamic minds of the young freight forwarding community. Traditionally, the four regional winners would present their dissertations at the FIATA World Congress, with final judging and the announcement of the global winner taking place during the event. However, with the postponement of this year’s congress, the judging will be completed remotely and the global winner will be announced in November 2021.

About FIATA

FIATA International Federation of Freight Forwarders Associations is a nongovernmental, membership-based organization representing freight forwarders in some 150 countries. FIATA’s membership is composed of 109 Associations Members and more than 5,500 Individual Members, overall representing an industry of 40,000 freight forwarding and logistics firms worldwide. Based in Geneva, FIATA is ‘the global voice of freight logistics’ www.fiata.com.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1,100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more. www.ttclub.com

DELPHI Technologies renews its trust in GEODIS for another 6 years

DELPHI Technologies (a brand owned by BorgWarner Inc.) and GEODIS in Poland have extended their collaboration until 2027. This new agreement that includes the expansion of warehouse space in Wrocław (Poland) will allow an increase of 50% in volumes handled.

Delphi Technologies is providing products for sophisticated vehicle systems with leading service solutions for the aftermarket. With new markets, in addition to the existing ones served in Central and Eastern Europe, Scandinavia and North Africa, Delphi Technologies needs a partner to support its growth. The agreement with GEODIS provides an increase in warehouse space in Wrocław by 5,000 square meters by 2027, resulting in a total of 20,000 sqm.

GEODIS in Poland will also continue to provide DELPHI Technologies Aftermarket additional support covering logistics optimization, customs services, return logistics, consumables purchasing, master data updates (part dimension scanning), as well as labelling or packing to meet specific legal or customer requirements.

“Poland is one of our key markets in the North, East and Central Europe region”, says Thomas KRAUS, GEODIS President & CEO North, East and Central Europe. “To be the growth partner for our clients is part of our mission, vision and values at GEODIS. The expansion of the warehouse space reflects this and shows what we bring to the partnership with our customers.”

The five-year old cooperation between GEODIS and the DELPHI Technologies’ Aftermarket business began with the launch of a regional distribution center in Wrocław in 2017. The productive relationship over the period, combined with the quality of the service and the prime location of the warehouse facility, contributed to DELPHI’s decision to extend the contract.

Mark COOK, EMEA Supply Chain Director, DELPHI Technologies said: “GEODIS has demonstrated its high level of flexibility with an in-house warehouse management system which was successfully adapted to our individual needs and markets served. This partnership extension with GEODIS in Wrocław represents a major step forward for our business and has been a key part of our Aftermarket distribution strategy. The success achieved over the past few years allows us to move forward with confidence and grow profitably.”

Michał SZYMAŃSKI, Contract Logistics Operations Director, GEODIS in Poland says:

“We are proud to be recognized as a trustful partner. For 5 years, GEODIS has demonstrated its reliability and flexibility. The difficult period during the COVID-19 pandemic posed a major challenge, in response to which GEODIS in Poland maintained a reliable level of services despite the significantly fluctuating demand and the necessary restrictions which were implemented in order to guarantee safe operations. We are now fully committed to support the growth of Delphi technologies in new markets”.

GEODIS – www.geodis.com 

GEODIS is a top-rated, global supply chain operator recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #6 in Europe and #7 worldwide. In 2020, GEODIS accounted for over 41,000 employees globally and generated €8.4 billion in sales.

Commencement of Joint Development Agreement for Tidal Energy Project in Canada

Kawasaki Kisen Kaisha, Ltd. (hereinafter ”K” LINE) and Chubu Electric Power Co., Inc (hereinafter Chubu Electric Power) have entered into a Joint Development Agreement (JDA) with DP Energy, a renewable energy developer headquartered in Ireland, for the Uisce Tapa Tidal Energy project (hereinafter the Project) in Nova Scotia, Canada.

This project will be the first tidal energy project in which a Japanese company will participate overseas.  In this Project three underwater turbine generators are planned to be installed in the Bay of Fundy, Nova Scotia, Canada, with the aim to start operation of the first turbine in 2023. The project holds a 15-year Power Purchase Agreement of 530 CAD/MWh awarded with Nova Scotia Power Incorporated and is recipient of approximately 30 million CAD grant from Natural Resources Canada.

JDA is limited to contribution of development cost. After FID, the first turbine would be installed.

Chubu Electric Power will contribute to the realization of carbon-free society by developing renewable ocean energy and so on as one of the measures to achieve the “Zero Emissions Challenge 2050”.

“K” LINE Group is promoting its efforts to reduce greenhouse gas (GHG) emissions in accordance with its “K” LINE Environmental Vision 2050. In addition to promoting its own decarbonization, “K” LINE Group will contribute to the realization of a carbon-neutral society by supporting the decarbonization of society through developing renewable ocean energy.

Comments

“Uisce Tapa Tidal Generation would be a trigger Project to utilize ocean energy contributing to the global decarbonization.” said Hiroki Sato, Executive Officer, Corporate Planning & Strategy Division at Chubu Electric Power.

“Through this Project, “K” LINE aim to contribute to in the business that supports the decarbonization of society while utilizing our experiences accumulated in the field of international marine transportation together with partner companies.” said Satoshi Kanamori, Executive Officer, in charge of LNG, Carbon-Neutral Promotion at “K” LINE.

Project Information

(1) Tidal Power Generation

Power generation method which utilize the kinetic energy of the tidal current and generally converts it into rotational energy with a water wheel to generate electricity.


Turbine Image(Bottom Mounted)

Uisce Tapa Tidal Energy project

LocationThe Bay of Fundy*1, Nova Scotia, Canada
Power Output1,500kW×3 turbines (supplied by ANDRITZ, Austria)
Estimated Annual Power Generationapproximately 1.7 GWh (equivalent to circa 5,400 homes’ useage per year)
Scheduled start of operation2023:1st turbine 2026:2nd & 3rd turbines
Approval and LicensesUnder consideration for approval by the Fisheries and Oceans Canada

*1 The Bay of Fundy is one of the largest tidal range in the world. The maximum difference of tidal marks is approximately 16meters.

Location Details

(3) About DP Energy

EstablishedFirst DP Energy company was incorporated in October 1996
LocationHeadquartered in Ireland
Owner/DirectorMaureen De Pietro, Simon De Pietro
BusinessRenewable Energy Development (Wind power, Ocean energy, Solar power, etc.)

“K” Line Press Release : Announcement of Financial Highlights for 1st Quarter FY2021

Please be advised that “K” Line Tokyo Head Office published the following press release today.

Please see the attached PDF documents or click the following website links to read the reports.

・Financial Highlights for 1st quarter FY2021

・Notice on Differences between Consolidated Financial Forecasts for the Fiscal Year ending March 2022

https://www.kline.co.jp/en/ir/library/presentation.html

GEODIS in New Zealand gears up for major expansion with new facility at Auckland Airport

Twice the size of the current facility, the new site will provide best-in-class logistical offerings to GEODIS’ customer base

GEODIS, a leading global transport and logistics operator, has announced a strategic move to a new facility at Auckland Airport, following strong and sustained growth in the New Zealand market. The 5700 sqm facility – with its prime location, advanced enterprise-grade systems, and extensive storage space – will offer GEODIS’ expanding client base the capacity needed to ensure seamless end-to-end supply chain support across both local and cross-border markets.

The unprecedented surge in consumer demand brought about by the pandemic, has heightened the need for resilient supply chain strategies, particularly within the healthcare industry, with pharmaceutical companies forced to reinforce their logistical requirements. Keeping these needs in mind, GEODIS’ new site will feature specially designed temperature-controlled areas to facilitate the optimal storage of pharmaceutical products at +15-25 degrees as well as +4 degrees Celsius.

The growing demand will also be addressed by the site’s high productivity storage solution, which consists of two-metre wide aisle racking that affords 5,000 pallet locations. There is a tier one Warehouse Management System (WMS) that offers automated operating systems to support the thriving e-commerce fulfillment business. The purpose-built facility is located at one of Auckland’s most prominent industrial hubs at Auckland Airport with connections to the main arterial routes used for distribution. It will also house GEODIS’ international container freight station (CFS), contract logistics and last mile distribution set-up to enable full-service supply chain management under one roof.

“Significantly, this new facility is in harmony with our commitment to being a strong growth partner to our customers. As GEODIS continues to expand, we will also continue to enhance our infrastructure and processes to align our evolution with our customers’ development ambitions,” said Stuart Asplet, Sub-Regional Managing Director, Pacific & Regional Director Sea Freight, Asia Pacific. “The supply chain industry has certainly been disrupted by the pandemic, yet GEODIS’ passion to stay ahead of the curve has continuously pushed us to deliver industry-leading solutions that add value to our customers’ business goals. Our core belief to make a tangible impact on our clients’ goals, has allowed us to remain one of the fastest-growing logistics operators globally”.

The move further emphasises GEODIS’ focus on the APAC market and follows a series of investments and advancements made in the region over the past few months. The consolidation of the company’s operations from multiple sites to a single site will also boost efficiencies. The logistics provider has signed a long-term lease for the Auckland facility, encouraged by a healthy growth trajectory in the market.

“We’re confident that the facility at Auckland Airport will be a gamechanger for our customers. Features like the increased capacity, temperature control rooms, state-of-the-art technology, and advanced security measures ensure more precise and cost-efficient warehousing,” said Hugh Mackay, Managing Director, New Zealand. “This new site reflects the scale of things to come for our operations in New Zealand. Our laser sharp focus on providing a robust set of solutions and unmatched service to our customers holds the key to strengthening our presence in a competitive marketplace.”

The move will take place in October 2021 and is slated to amplify GEODIS’ offerings to more businesses including key verticals such as pharmaceuticals, retail, and fast-moving consumer goods (FMCG).

GEODIS – www.geodis.com 

GEODIS is a top-rated, global supply chain operator recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #6 in Europe and #7 worldwide. In 2020, GEODIS accounted for over 41,000 employees globally and generated €8.4 billion in sales.

Record performance for GEODIS in the first half of 2021

  • In the first half of 2021, GEODIS achieved revenues of €4,865 million, up +21% compared to 2020 at constant exchange rates and scope of consolidation, resulting from sustained activity recorded in all the Group’s business lines and regions.
  • EBITDA of €458 million, up by more than 60%.
  • The amount of operating cash flow has enabled the Group to finance acquisitions while reducing net financial debt compared to June 2020 (-€123 million).
  • GEODIS is thus in line with the trajectory of its Ambition 2023 strategic plan, demonstrating the relevance of the strategic choices made over the past several years.

“In a still uncertain economic environment, GEODIS has confirmed its ability to generate profitable growth, with a revenue up 21% and EBITDA up 60%. These solid results support our ability to invest in growth while investing in the ecological transition of all our activities. Our good performance has enabled us to strengthen our investments in the company’s digital transformation and to self-finance our latest acquisition, PEKAES, a leading distribution network in Poland, a strategic country for GEODIS. These solid results are in line with the “Ambition 2023″ strategic plan, which aims to achieve growth for the Group at least equal to that of the global logistics market over the period, and to accelerate the conversion of this growth into earnings,” explains Marie-Christine Lombard, Chairman of GEODIS’ Executive Board.

Growth driven by e-commerce in the United States and Europe

The share of e-commerce activities has continued to grow, posting double-digit growth, and now accounts for more than €2 billion of the company’s €8.4 billion in sales. The health crisis has amplified a trend that now seems to be sustainable and has an impact mainly on two business lines of the company:

  • Last-mile delivery (Distribution & Express) with 23% of daily deliveries today destined for individuals versus 15% in 2019.
  • Contract Logistics with an increase in inventory management and order preparation activities on behalf of global marketplaces but also for many companies that have developed their own online merchant sites.

Faced with this growth in e-commerce, GEODIS has developed three new offers to better serve its customers:

  • GEODIS e-Logistics, an end-to-end logistics offer, the objective of which is to help brands offer the same customer experience online as in store. To do this, GEODIS leverages both its global network of logistic hubs and transportation services along with its new digital platform that allows a real-time overview of all inventory available in stores, warehouses, and/or on the move anywhere in the world.
  • GEODIS MyParcel, a direct-to-customer intercontinental delivery service that guarantees delivery in 4 to 6 days, at a lower price than express delivery, from the United States to 27 European countries and Canada. 
  • GEODIS Zipline, a mobile application developed in the United States, which enables private individuals, selected through a rigorous process, to provide an urban delivery service according to their daily route or to make several deliveries throughout the day.

Strong growth in intercontinental air, sea and rail transport

Despite the extreme tension in the sea and air freight market, GEODIS has been able to meet its customers’ demand by securing capacity and completing its offer:

  • Chartering of two vessels between Asia and Europe to alleviate the difficulty its customers were having to obtain capacity from regular carriers at a competitive rate. Other charters are planned for the 3rd and 4th quarter of 2021.
  • A new air transport offer, GEODIS AirDirect, with a route between Shanghai and Guadalajara constituting the only direct access to Mexico from northern and central China. Unique to the market, this charter service already exists between Europe, China and the United States.

Renewed customer trust

GEODIS’ agility and responsiveness throughout the health crisis have been praised by its customers. According to the Ipsos survey, which was launched in the first half of 2021, 89% of customers say they are satisfied with the services and solutions offered by GEODIS.

(Measurement of customer satisfaction by Ipsos, conducted in the first half of 2021).

Acquisitions to strengthen GEODIS’ activities in strategic areas and markets

  • The closing of the acquisition of PEKAES, one of the leading LTL (Less-than-TruckLoad) and FTL (Full-TruckLoad) transport networks in Poland. This acquisition allows GEODIS to strengthen its market position in Poland, which is one of the most important European logistics platforms.
  • The acquisition of CondiServices, a company located in the North of France, which completes GEODIS’ e-commerce offer and more specifically the management of returns. 
  • The acquisition of Velocity Freight Transport, Inc. in the United States, expanding GEODIS’ transportation offering in North America.
  • The signature in early July of an agreement to acquire GANDON Transports, a leading player in the transport of temperature-controlled pharmaceutical products in France, with the aim of continuing GEODIS’ development in the healthcare market.

The fight against climate change: a priority

The health crisis has not slowed GEODIS’ investments in the environmental field, its ambition being to reduce its CO2 emissions by 30% by 2030 compared to 2017 in part by:

  • Ordering 200 LNG vehicles that will be fueled with biogas for urban deliveries in France, with the ambition to deliver in a decarbonized manner to 37 French major cities by 2023. The decarbonization of freight transport will necessarily involve the greening of fleets.
  • The launch of a worldwide carbon offset program.

The Group obtained an A- rating by the CDP. Only 14% of the 5,800 companies assessed by the CDP worldwide in 2020 received an equivalent or higher rating. This result recognizes GEODIS’s approach to integrating its suppliers in efforts to reduce CO2 emissions as well as lobbying at the European Union level to define and impose stricter CO2 standards for vehicles.

GEODIS – www.geodis.com 

GEODIS is a top-rated, global supply chain operator recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #6 in Europe and #7 worldwide. In 2020, GEODIS accounted for over 41,000 employees globally and generated €8.4 billion in sales.

Risk mitigation: it’s all about effective communication

Freight transport and logistics insurance provider, TT Club announces a suite of risk management advisories in a new format and a variety of languages to guide transport companies and their operatives on common safety and security issues, providing key alerts to avoid damage and loss.

As a mutual provider of insurance cover, TT Club’s primary mission is the reduction of risk in the international supply chain. Succinct communication on a broad spectrum of relevant safety and security matters is of foremost importance in achieving this aim in an industry which is multi-national and multi-cultural.

The latest communication device that TT has launched is TT Brief. These two-sided infographic-style advice sheets are aimed at specific risks, for example fraud and road safety, and also include guidance on general good practice to avoid loss, such as attention to due diligence. This easily digestible guidance also has the potential to be designed into poster form to ensure that guidance is always in plain sight. In addition, in regions where the insurer has identified spikes in particular types of incident, the Brief has been made available in the appropriate languages.

The fraud Brief, for example is in Turkish, as a spike in claims of this nature involving the sub-contracting of cargo movements to fictitious carriers was identified as a growing problem. More widespread concerns about road safety have prompted the relevant brief to be available in Arabic, Chinese (both simplified and traditional), Spanish, French, Portuguese and Turkish as well as English. An illustration is shown in the attached PDF and the full suite can be downloaded  HERE

Commenting on the TT Brief initiative and other forms of communication in its library of advice, Mike Yarwood TT’s Managing Director, Loss Prevention said, “When formulating our guidance on risk mitigation, we believe effective communication is paramount. We are always concerned with delivering relevant insight, based on the sort of incidents we see, and how best logistics operators can avoid the situations that bring them about. In order that our messages are digested by the appropriate people and are fully understood we have devised a broad range of written and spoken communication channels. TT Brief is the latest of these.”

Further channels through which TT communicates range from its long-standing monthly advisory newsletter TT Talk to the more in-depth StopLoss series. From mid-2020 the Club has also been producing podcast materials, under the banner of ‘TT Live’, with one series on contractual issues and a second on theft and fraud already, in addition to using this medium for the monthly TT Talk articles.  More recently, utilising online webinar capability, TT has continued various campaigns, such as raising the issues around container ship fires and encouraging increased adoption of the CTU Code.

“Appreciating the mobile nature of our audiences, we have been deliberately developing our TT Live Podcasts,” comments Yarwood. “This easily accessible resource, available to listeners at any time, covers such topics as supply chain security, abandoned cargo and the distinctions between liability and cargo insurance cover. Directed at all sectors of the global container and freight transport industry we continue to deliver insight into the prevention of loss.”

About TT Club:

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com