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Home » international trade

Articles Tagged with ''international trade''

FAA Paints Rosy Air Cargo Picture for Next 20 Years

April 1, 2016
Air Cargo World
The U.S. Federal Aviation Administration posted a bright outlook in its annual market review and forecast, noting that it expects total air cargo traffic, measured in revenue tonne kilometers, to grow by 4.5 percent in 2016, followed by stable growth averaging 3.5 percent over the next 20 years.
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Squire Patton Boggs Offering Export-Compliance Expertise

March 29, 2016
Squire Patton Boggs
Squire Patton Boggs is partnering with the Manufacturer's Center for Legal Action (MCLA) of the National Association of Manufacturers to provide NAM members with legal expertise on export compliance.
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Ocean Container Weight Verification Requirement May Greatly Boost Shipping Costs, Study Finds

March 29, 2016
Wall Street Journal
An impending international requirement that shippers verify the weight of their goods before transport will sharply raise shipping costs on major trade lanes and trigger delays in moving cargo through ports, according to a new report.
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Confidence of Maritime Shipping Industry Sinks to New Low

March 29, 2016
Maritime Executive
Overall confidence levels in the ocean shipping industry fell to a record low in the three months ending February 2016, according to a survey by shipping advisory firm Moore Stephens.
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Boom in Tanker Shipping Industry May Have Reached Peak

March 29, 2016
HIS Maritime & Trade
Tankers are currently the most profitable vessels in shipping with the cost to charter them remaining high by comparison with other ship types. These freight rates are expected to stay steady for the next 18 months despite a delivery boom of new tankers scheduled for late 2016, according to Devlin McStay, data analyst with IHS Maritime & Trade.
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Ocean Liner On-Time Average Slips to Worst Level in a Year

March 21, 2016
Drewry
Liner schedule reliability fell to its worst level in 12 months in February when the average on-time performance slipped by 7 percentage points to 62.7 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
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Drop in Spot Rates on East-West Ocean Routes Lowest in Five Years

March 16, 2016
Drewry
The World Container Index's composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the U.S., reached a record low of $701 per 40-foot container recently.
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Cost Savings of Mega-Vessels Often Offset by Higher Port Expenses, Study Shows

March 14, 2016
Drewry
Drewry, the global shipping consultancy, has carried out a simulation study of the operational and financial impacts on lines, terminal operators, ports and other supply chain stakeholders as vessel size increases up to and beyond 18,000 TEU (twenty-foot equivalent units, the standard metric used to measure a ship's cargo carrying capacity). The study results suggest that the economies of scale, that have been a key feature of the liner industry, may be running out.
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Container-Weighing Rule: And You Put the Load Right On ... Who?

March 14, 2016
Robert J. Bowman, SupplyChainBrain
Just who's responsible for weighing that ocean container? After several years of thrashing out a rule to combat the problem of misdeclared weights, regulators and rulemaking bodies still can't seem to agree.
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Customs Automation Is Finally Happening. Really!

March 4, 2016
Robert J. Bowman, SupplyChainBrain
After years of delay, the automation of importer filings, involving multiple government agencies, is upon us. Say hello to the "Single Window."
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