KYC Customs Requirement when Shipping to India

Posted by & filed under Freight News.

With time and newer procedures, policies and operations are brought into action, you will find change is just part and parcel of life, be it personal or business related. One change in the shipping industry that has affected the world over would be the Low Sulfur Surcharge that will go into effect on 1 January… Read more »

Changes in the Shipping Industry with Low Sulfur Surcharge

Posted by & filed under Freight News.

There have been many changes in the shipping industry in the past. We have seen the chassis business change with the exit of carriers, the US labour issues (between the east and west), the introduction of mega vessels into the market over a decade ago, to atypical peak seasons to shipping rate fluctuations, the shipping… Read more »

Australian Transport News – Parkes Logistics Terminal

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In Australian transport news, New South Wales saw the opening of the newest and largest regional terminal being opened in Australia courtesy of Pacific National. The new terminal named Parkes Logistics Terminal with a price tag of $35 million is slated to increase inland rail productivity by focusing on the fact that the terminal will… Read more »

Stopping over at Singapore Port

Posted by & filed under Freight News.

The 2019 Xinhau-Baltic International Shipping Centre Development Index has ranked Singapore again, as the leading city that offers port and business services, for the sixth time running. The index ranks cities based on the services and facilities offered for international and business development. Singapore attracts approximately 13,000 vessels on average per annum with its free… Read more »

Australia’s National Freight and Supply Chain Strategy – National Action Plan

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With growing challenges in freight and supply chain measures, the Australian Transport and Infrastructure Council recently endorsed both the National Freight and Supply Chain Strategy and the National Action Plan back in August of this year. The strategy and the action plan has set out a clear agenda for all freight types or modes of… Read more »

Development of Global Trade and its Impacts on the Shipping Industry

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Maritime exploration and trade first began as early as 3000BCand it was during the Arab age of discovery between the 3rd-7th centuries when the modern maritime global trade and shipping began.  The development of global trade over the years has made its many impacts on the shipping industry, whereby if one region of the globe… Read more »

Where the Australian Logistics Industry Is Heading

Posted by & filed under Freight News.

The Australian logistics industry is an important factor to the national, being an island, and thus many measures are taken to grow the transport, logistics and shipping industry state-by-state and as a nation on a yearly basis. In this blog post by Transco Cargo Australia, we look back on 2017 whilst highlighting expected forecasts by… Read more »

Changes in the Logistics Industry in Sri Lanka

Posted by & filed under Blog, Freight News.

Last year, the government of Sri Lanka announced an amendment towards two logistics related acts (Sri Lanka Ports Authority Act, No. 51 of 1979 and the Merchants Shipping Act, No. 52 of 1971) during the 2017 Budget. The acts were to take steps to forgo the shipping agents within the logistics industry of Sri Lanka… Read more »

Air Freight Demands are on the Rise

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  In November of last year, reports showed that more and more people were looking to air freight to supply their demands for almost instant delivery or gratification of e-commerce products. With an 8.8% increase against the previous year, compared to the earlier 5.8% rise in the 2015-2015 period. IATA reports that this could indeed… Read more »

Global Supply Chain and Trade from a Post-Brexit Perspective

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In our previous blog post, What Brexit means for Global Trade, we looked at the implications on the United Kingdom leaving the Europe Union referendum. We also looked at how that would ultimately affect trade relations within the EU Member States and its reliance on the Single Market policy established by the EU for hassle… Read more »

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