Connect with us

Freight Forwarding

New Kuehne+Nagel sea freight disruption indicator points to persistent supply chain challenges

Published

on

New Kuehne+Nagel sea freight disruption indicator points to persistent supply chain challenges. Image: Kuehne+Nagel
New Kuehne+Nagel sea freight disruption indicator points to persistent supply chain challenges. Image: Kuehne+Nagel
Listen to the story (FreightComms AudioPost)

 

Kuehne+Nagel is launching the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks. The indicator shows the cumulative TEU waiting time in days in the ports of Prince Rupert, Vancouver/Seattle, Oakland, Los Angeles/Long Beach, New York, Savannah, Hong Kong, Shanghai/Ningbo as well as Rotterdam/Antwerp.

An example demonstrates how the indicator is determined: one vessel with 10,000 TEU capacity waiting 12 days to enter a port equals 120,000 TEU waiting days. In addition, another vessel with 5,000 TEU waiting 10 days to enter the same port equals 50,000 TEU waiting days. The total TEU waiting time is 170,000 TEU waiting days.

The disruption indicator provides insights as well as advanced analytics and trends on the current situation impacting global trade. Currently, the indicator reflects a waiting time and scale of 11.6 million TEU days – a persistently high level. In these nine specific ports, normal would be less than one million TEU waiting days. At present, roughly 80% of the disruption is associated with North American ports.

The indicator is an extension of the visibility that Kuehne+Nagel’s acclaimed Seaexplorer provides on global sea freight disruptions. According to the latest Seaexplorer data, 612 container vessels are currently at anchor or drifting in front of major global ports.

Otto Schacht, Member of the Management Board, Kuehne + Nagel International AG, responsible for Sea Logistics, says: “The trendline information provided by the indicator enhances the ability of our customers to predict and plan for likely future impacts on their supply chain and identify the best course of action. With the indicator, we have implemented a new level of data analytics for sea logistics.”

With more than 76,000 employees at 1,400 locations in over 100 countries, the Kuehne+Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in Sea Logistics, Air Logistics, Road Logistics and Contract Logistics, with a clear focus on integrated logistics solutions.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Freight Forwarding

eezyimport DIY Platform expands scope with eezy Freight

Published

on

eezyimport DIY Platform expands scope with eezy Freight. Image: Pexels
eezyimport DIY Platform expands scope with eezy Freight. Image: Pexels
Listen to the story (FreightComms AudioPost)

 

U.S.-Israeli freight tech company eezyimport is excited to announce eezy Freight – an International LCL digital shipping service connecting global shippers with leading ocean carrier services to ensure efficient consolidations and space-sharing without lead time delays.

This new intuitive, online service incorporates the company’s accumulated knowledge and expertise in simplifying supply chain logistics for SMBs. Eezy Freight provides a worry-free, economical approach for scheduling inbound U.S. LCL shipments that’s simple and easy-to-use.

Eezy Freight LCL global services are currently available from China, India, and Israel to the US. Additional services from Italy, Spain, Turkey, and Germany will be announced in the near future.

Eezy Freight offers U.S. shipper customers an additional benefit – the option to integrate their U.S. customs documents with their freight bookings. Customers can quickly create their ISF and Customs Entry Summary through the eezyimport platform. Once the freight is booked, the platform easily accesses these shipment details for customs documentation, which eliminates the need to fill-out forms twice.

According to Asaf Fridenson, eezyimport founder and CEO, “eezy Freight’s global LCL services expand our commitment to helping smaller volume shippers succeed in an increasingly competitive landscape. We welcome all global SMB LCL shippers that cannot fill a container so benefit from sharing space with other businesses in the same situation. By giving customers competitive rates, control and transparency, as well as top-notch service, we help support their business’ success.”

About eezyimport

eezyimport is an online platform that empowers small and medium-sized importers to handle their customs filing requirements easily. The company became the first to offer such an online DIY solution for this segment. Its newly launched service, eezy Freight, further removes obstacles to growth and leaves more cash in customers’ pockets, accelerating their success.

eezyimport, and now eezy Freight, continue to simplify complex freight management processes with innovative technology and a passion for creative problem-solving.

Continue Reading

Freight Forwarding

PSA International completes acquisition of BDP International

Published

on

PSA International completes acquisition of BDP International. Image: Pexels
PSA International completes acquisition of BDP International. Image: Pexels
Listen to the story (FreightComms AudioPost)

 

PSA International Pte Ltd, a leading global port group and trusted partner to cargo stakeholders, announced that it has completed its acquisition of 100% of the shares of BDP International, Inc., a leading provider of globally integrated supply chain, transportation and logistics solutions, from New York-based private equity firm Greenbriar Equity Group, L.P. This follows the receipt of formal approvals from relevant authorities required by the merger agreement, initially announced in December 2021.

Together, PSA and BDP will extend their logistics ecosystem with solutions that focus on supply chain orchestration and cargo flow optimization. In a climate where end-to-end supply chain visibility and resilience are critical, the acquisition of BDP adds strength and depth to PSA’s logistics and supply chain offerings beyond the port. At the same time, customers of BDP will benefit from additional insights and connectivity to PSA’s global network of deepsea, rail and inland terminals, as well as affiliated businesses in distriparks, warehouses and marine services.

Tan Chong Meng, Group CEO of PSA International, said, “I am pleased to welcome BDP’s over 5,000 talented employees into the PSA family. Leveraging our complementary capabilities and footprints, we envision a future that will bring out the best of both BDP and PSA, unlocking greater value for cargo owners, creating new opportunities for business growth, and enabling fresh innovations for more agile, resilient, and sustainable supply chains.”

Mike Andaloro, Chief Executive Officer and President of BDP International said, “BDP is thrilled to join the PSA team. We look forward to co-authoring the next chapter in our combined growth story.” He continued, “This transformative acquisition presents us with the unique opportunity to re-imagine supply chain solutions by combining the strengths of our asset-light solutions model with PSA’s impressive global infrastructure. We look forward to working alongside the talented team at PSA to innovate new, resilient solutions for our customers.”

Credit Suisse served as sole financial advisor to PSA, while Shearman & Sterling LLP acted as legal advisor to PSA.

Continue Reading

Freight Forwarding

CEVA Logistics, Kodiak Robotics launch autonomous freight deliveries; complete first ever autonomous trucking delivery in Oklahoma

Published

on

CEVA Logistics, Kodiak Robotics launch autonomous freight deliveries; complete first ever autonomous trucking delivery in Oklahoma. Image: CEVA Logistics
CEVA Logistics, Kodiak Robotics launch autonomous freight deliveries; complete first ever autonomous trucking delivery in Oklahoma. Image: CEVA Logistics
Listen to the story (FreightComms AudioPost)

 

CEVA Logistics, a global leader in third-party logistics, announced it has teamed up with Kodiak Robotics, Inc., a leading self-driving trucking company, to deliver freight autonomously between Dallas Fort-Worth and Austin; and Dallas-Fort Worth and Oklahoma City. Through this partnership, Kodiak and CEVA have become the first-ever companies to deliver freight autonomously in the state of Oklahoma. This partnership is a critical step towards the companies’ long-term goal of integrating Kodiak’s technology into CEVA’s North American truck fleet.

“CEVA is committed to working alongside leading automation and robotics suppliers – like Kodiak with its proven autonomy technologies – to unlock value for our customers’ supply chain operations,” says Shawn Stewart, President & Managing Director, North America, CEVA Logistics. “At CEVA, we define innovation as the implementation of new ideas with business impact, and our partnership with Kodiak will deliver more business value to our customers, especially in light of the current supply chain crisis and the ongoing driver shortage.”

CEVA delivered its first load with Kodiak in November 2021 and is moving goods weekly on the 200 mile freight lane between Dallas-Fort Worth and Austin, Texas. The companies expanded the partnership in February 2022 with a new route between Dallas-Fort Worth and Oklahoma City on the freight-rich Interstate 35 corridor. This route runs 200 miles between a CEVA facility in Dallas and the delivery point in Oklahoma City. On both routes, a Kodiak autonomous tractor pulls a CEVA trailer filled with consumer products.

In addition to these two lanes in connection with CEVA, Kodiak Robotics has been delivering freight daily between Dallas-Fort Worth and Houston since mid-2019. Since mid-2021, Kodiak Robotics has also been delivering freight weekly between Dallas-Fort Worth and San Antonio.

“CEVA is at the forefront of global logistics innovation and has recognized early on that the trucking industry will see the first widespread adoption of self-driving technology,” said Don Burnette, Founder and CEO, Kodiak. “Kodiak and CEVA are focused on serving Dallas-Fort Worth, Austin, and Oklahoma City, because they cover some of the richest freight corridors in the U.S. As Americans grapple with pandemic-related supply-chain issues and the long-term truck driver shortage, CEVA is leading the industry in adopting new technology that will benefit its customers.”

As a global leader in third-party logistics, CEVA has vast experience in integrating automation and robotics into both its contract logistics and freight management operations. The company has a consistent approach to technology integration to keep customer success at the forefront of every decision. With more than 2,449 drivers in its North American fleet, CEVA is committed to the benefits of autonomous technology to alleviate the strain on its existing workforce.

Kodiak is developing the Kodiak Driver, the company’s self-driving technology, to make trucking safer and more efficient. The Kodiak Driver, which is purpose-built for long-haul trucks, incorporates Luminar’s Iris LiDAR, ZF Full Range Radar, Hesai 360-degree scanning LiDARs, as well as a range of cameras to capture and process hundreds of megabytes of perception data each second. These sensors allow the truck to “see” long-range and all around the vehicle in a wide variety of weather conditions. This enables safe operation at highway speeds. Kodiak’s self-driving technology will improve road safety for everyone, ultimately saving lives, increasing network efficiency, reducing costs and emissions, and enhancing truck drivers’ quality of life.

Continue Reading

Popular

Copyright © 2017-18 | FreightComms | Made with ♥ in Singapore