DP World has recorded container volume growth of 1.1% in the third quarter of 2019 compared with the same time period last year, according to its latest financial results.
https://www.porttechnology.org/news/india-carries-dp-world-to-q3-growth/
Supply Chain
Investments deliver for UPS, producing greater volume and profits
UPS “knocked it out of the ball park”| with its latest quarterly earnings – a stark contrast to that of FedEx’s recent earnings in August, in which it blamed poor international growth and global trade friction for its poor numbers.
Perhaps in a big of dig at FedEx, UPS was extremely optimistic and made sure to emphasise in its earnings call that there were opportunities around the world despite trade wars, …
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Tie-up with trade finance platform gives CMA CGM a new edge
CMA CGM wants to give shippers a cash-flow boost with its new range of import and export financing solutions, a new sign carriers are expanding beyond core shipping services.
The French carrier has partnered with Singapore-based fin-tech player Incomlend to launch Shipfin Trade Finance, which it claims will accelerate its strategy of “customer-centricity”.
Mathieu Friedberg, CMA CGM senior vice president for commercial agencies network, said: “We draw on our more than 40 years’ …
The post Tie-up...
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Supply chain radar: K+N doesn’t excite but that could change in a flash
There was little extra joy in Kuehne +Nagel’s third-quarter (Q3) and nine-month results (9M) for the bulls today, although the shares traded a whisker away from their 52-week highs of almost Sfr154 at the time of writing.
Its interim update was respectable and solid but well short of exceptional. Also, if you have followed our preview earlier this month, it was rather boring as far as the performance of its core air …
The post Supply chain radar: K+N doesn’t excite but that could change in a...
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On the wires: The bullish view – full upside for APMM & Vopak
“Maersk is set to benefit from a pick-up in scrubber retrofits and easing trade tensions, as well as container supply chain digitisation.” – Jefferies, 13 October 2019.
There is bullishness in some financial circles about the prospects of AP Møller-Maersk (APMM). Take Jefferies, with a price target set at Dkr10,000 – which implies a ~27% upside from its current levels – as well as several other considerations that could well leave …
The post On the wires: The bullish view – full upside for APMM...
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The drive to cut transport emissions has begun, but only moving slowly
Finally, there is movement among logistics companies to make changes to meet the target for the transport sector to cut emissions by 90% in the next 30 years.
But there are still significant hurdles, mostly around cost.
Gebrüder Weiss has implemented changes that saves 25,000 tonnes of CO2 each year, through initiatives such as a wind park and using LNG trucks.
“We can also provide information on your CO2 emissions for a shipment, …
The post The drive to cut transport emissions has begun, but...
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ABB to Develop Autonomous Vessels in Singapore
ABB, experts in automation and logistics technology, have signed a landmark with Keppel Marine and Deepwater Technology (KMDTech), to develop autonomous vessels and retrofit a 32-meter harbor tugboat with leading-edge digital solutions for the Port of Singapore.
https://www.porttechnology.org/news/abb-to-develop-autonomous-vessels-in-singapore/
DHL publishes its white paper on sustainable fuels for logistics
DHL has published a comprehensive white paper on sustainable fuels for logistics. And, with the new EC president planning a ‘Green Deal’, which will see transport emissions need to be cut by 90% in the next 30 years, it comes at a useful juncture. The paper explores the benefits of “alternative fuels”, although it notes that electric is “the technology choice of the transport sector” but is currently restricted to …
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GCT Terminals Joins TradeLens
Global Container Terminals (GCT) has joined the TradeLens supply chain platform, underpinned by blockchain technology.
https://www.porttechnology.org/news/gct-terminals-joins-tradelens/
Freight forwarding post-digitisation: how to succeed
The adoption of online quoting and booking platforms by freight forwarders is becoming more mainstream by the day. The promise of increased efficiencies to free up the workforce to focus on other value-add tasks is a compelling argument.
But how do you go about this in practise? As old patterns of work are rendered obsolete how should freight forwarders plot the development of their companies and their industry?
This FREE-TO-ATTEND webinar, sponsored …
The post Freight forwarding...
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