GHY Tradelines

(DCVelocity)

Adopting best practices would expand GDP at much faster rate than tariff cuts

Reducing global supply chain barriers through the adoption of best practices could increase annual world GDP by 4.7%, expand world trade by 14.5%, and be far more effective in promoting growth than removing all import tariffs, according to a study released yesterday at the World Economic Forum (WEF) in Davos, Switzerland.

The study, conducted by consultancy Bain & Co. and the World Bank, found that even taking “half-measures” toward implementing best practices would be six times more beneficial to global growth than eliminating all tariffs. By contrast, the removal of all tariff barriers would stimulate global GDP by only 0.7% and world trade by 10.1%, according to the report.

The study affirms the broad consensus that supply chain best practices, while well established in North America and western Europe, are very much alien concepts in other parts of the world, notably in fast-growing emerging markets.

The report, called “Enabling Trade: Valuing Growth Opportunities,” identified 18 examples of poor supply chain practices, and defined, in broad terms, how cost overruns, product delays and administrative inefficiencies could be reduced by implementing Best Practices. The 18 case studies cut across multiple regions, countries and industries. Read more here.
 

(Handy Shipping Guide)

Heavy Lift and Break Bulk Cargoes Rarely Run Exactly to Plan

For many project freight forwarding companies the shipping of materials supporting the energy sector is ‘the new black’ as the saying goes. At a time when tonnages can be uncertain the heavy lift and break bulk cargoes have provided a more stable income for many logistics companies within departments that hitherto were often regarded as the icing on the financial cake rather than the daily breadwinners.

Tuscor Lloyds has actively pursued its interest in logistics projects for the Oil, Gas and Energy Industry of late and the policy is paying dividends illustrated by their latest specialist movement between Japan and Mexico when the request arrived to deal with the multimodal transport of parts needed to repair a transformer which had been damaged. The suppliers, the Mitsubishi power generation division in Kobe, Japan, readied the cargo as 63 packages weighing in at 45 tonnes and 125 m3 and Tuscor Lloyds divided the consignment into two phases. Read more here.
 

American Shipper, in partnership with the Council of Supply Chain Management Professionals (CSCMP) and the Retail Industry Leaders Association (RILA), surveyed roughly 275 transportation buyers and sellers on procurement practices, processes, technologies and results. Click Here to register for this free Webinar.

This Webinar will focus on some of key findings and provide actionable guidance on how to leverage technology and other solutions to optimize transportation procurement.

Key discussion points will include:

• Year over year changes in transportation rates and spending
• Timing of procurement events and length of negotiations
• Price re-emerges as the number one concern among buyers
• Procurement automation platforms and technology
• Centralization of the procurement process

Expert panelists include:

• Fabrizio Brasca, vice president, global logistics, JDA Software Group, Inc.
• Matthew Harding, principal, transportation practice, Chainalytics, LLC

Click here to register for the live broadcast on June 27th!
 

(CIFFA eBulletin)

Please join expert legal and insurance panelists, colleagues and Directors from CIFFA’s National Board in an engaging morning discussion focused on some current issues facing freight forwarders, importers and exporters.

In the panel discussion  ”If Everything is Coming Your Way, You’re Probably in the Wrong Lane”  Canada’s leading transportation legal and insurance experts share their take on risk filled scenarios that should be top of mind as we head into 2012. When business people start taking short cuts, and things seem to be going just a bit too efficiently…. there may well be a price to be paid.  By not following convention or best practices in the securement of bills of lading, or in the lack of due diligence or screening in the selection of interline or other carriers, things could go from not so great to worse.  Invite your clients to join us as we explore two current issues in today’s commercial environment that are fraught with risk.

February 9, 2012   Delta Meadowvale Resort Hotel, Mississauga

$55 + HST        CIFFA Members and Guests

08:00 – 08:30    Full breakfast
08:30 – 10:00    Panel Discussion

Release of Cargo Without the Original Bill of Lading – Error or Fraud? 

Exactly what are the consequences of releasing cargo before obtaining original BLs? What steps should the reputable forwarding company take to mitigate risks? We’ll review some of the commercial realities freight forwarders face every day – and the risks attached to those realities for freight forwarders and importers.

Identity Theft: Just Who is it that is Picking up Your Cargo? 

The involvement of a surface transport freight intermediary and “double brokering” practices may present efficiencies in the movement of cargo but they also enhance the risk of the theft and of cargo not making it to destination.  What is happening in the current market and what steps might be taken to prevent “identity theft”?

Expert Panelists:
Gordon Hearn, Fernandes Hearn LLP.
Gavin Magrath, Magrath O’Connor LLP
Len Notaro, CG&B Group

Register on-line today at: https://www.ciffa.com/events_register.asp
 

(Material Handling & Logistics)

Companies expecting to find carriers who are ready, willing and able to offer their transportation services this fall might want to rethink their logistics strategies. According to one index of shipping conditions, the situation for the rest of the year will be one of rapid deterioration when it comes to available capacity.

FTR Associates’ Shippers Condition Index (SCI) edged lower in July to a current reading of -3.8 (yes, that’s a negative 3.8). The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environment, while a reading below zero is unfavorable. After a brief term of improving conditions for shippers, FTR’s SCI has now once again begun to fall as had been expected. Read more here.
 

(CSCB)

ICC has further expanded its online training offerings with the launch of Incoterms® 2010 Online Training, making its services even more accessible and convenient to users of the rules worldwide.

Incoterms® 2010 Online Training is designed to fully prepare users for the updated Incoterms® 2010 rules, which came into effect in January 2011, as well as to ensure that global availability of ICC structured training in this area. The six-hour course is suitable for anyone who wishes to gain a firm foundation in the use and application of Incoterms® 2010.

For further information, click here.

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(PR Net-USA)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/pspan style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”The 18th edition of the leading third-party logistics providers guide, Who’s Who in Logistics, has just been released. The new edition, in two volumes – The Americas and International, has been expanded with in-depth profiles of 273 3PLs.br /br /New 3PLs added this year include: Con-way Multimodal, enVista, Fidelitone Logistics, GLOVIS, Hercules Logistics amp; Forwarding, IMPERIAL Logistics, ITG GmbH Internationale Spedition + Logistik, Odyssey Logistics, OOCL Logistics, Pantos Logistics, Qingdao Smart Cargo International Services, Sataria Group, Shangdong Jiayi Logistics, Topocean Group, Universal Traffic Service, Wared Logistics, and WLG.br /br /Of the 3PLs profiled, over 73% are private versus publicly traded companies. Who’s Who in Logistics profiles individual 3PL financial information, key personnel, information technology, and service capabilities. In addition, editorial evaluations, case studies and important news events are reported. Information is presented in sufficient detail to allow companies to quickly evaluate providers for logistics outsourcing initiatives. Read more a href=”http://pr-usa.net/index.php?option=com_contentamp;task=viewamp;id=489588amp;Itemid=30″span style=”color:#0000ff;”here/span/a./span

span style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”(JOCSailings.com – William B. Cassidy)br //spanspan style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”br /A national multimodal freight transportation plan is the goal of a bill introduced in the U.S. Senate.Three Democratic senators are sponsoring legislation that would require the federal government to stake out a national policy for freight movement, encouraging multimodal transportation.br /br /The bill hits Capitol Hill as the Obama administration prepares its principles for a long-term reauthorization of the surface transportation bill and Congress remains deadlocked over infrastructure funding.br /br /A national freight transportation policy “that will meet the economic and mobility needs of the 21st century” is long overdue, said Sen. Frank R. Lautenberg, D-N.J., one of the bill’s sponsors. Read more /spanstrongspan style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-SIZE: 10pt; mso-bidi-font-family: Calibri; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”a href=”http://www.joc.com/government-regulation/senate-bill-calls-national-freight-policy”span style=”color:#0000ff;”span style=”FONT-WEIGHT: normal”h/spanspan style=”FONT-WEIGHT: normal”ere/span/span/a/span/strongspan style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”./span

span style=”font-size:85%;”(Logistics Today – Dave Blanchard)/spanbr /br /As the economy slowly inches its way back to something resembling a recovery, the logistics industry is seeing a recovery of its own, one that will see manufacturers take a modest hit to the wallets as rates for motor carriers, railroads and intermodal transportation increase over the next six months.br /br /According to FreightPulse 18, a semi-annual survey of preferred transportation modes conducted by equity research firm Morgan Stanley with Logistics Today, it’s expected that those shippers using rail carriers to move their freight will see a 2.5% hike in their rates through the end of 2010. Even so, rail carriers will see a 2.6% increase in the amount of goods shipped this year. Rail is generally the least expensive mode of domestic transportation, and volume growth is expected to be comparable to the 2003/2004 rebound. […]br /br /• Rail rate increase 2.5%, volume increase 2.6%br /• Intermodal rate increase 0.9%, volume increase 2.1%br /• Truckload rate increase 0.6%, volume increase 2.7%br /• Regional LTL rate increase 0.7%, volume increase 2.1%br /• National LTL rate increase 0.7%, volume increase 1.5%br /br /Read more a href=”http://logisticstoday.com/logistics_services/transportation-rates-rise-all-modes-0524/?cid=feature_article_052410″here/a.br /br /span style=”font-size:85%;”strongSource:/strong Freight Pulse 18, conducted by Morgan Stanley with Logistics Today. Forecasts reflect expectations for freight rate and volume increases in the second half of 2010./span

span style=”font-size:85%;”(ThomasNet – David R. Butcher)/spanbr /br /In many respects, the practice of supply chain management has made great progress in recent years. However, few companies have yet reached high levels of integration between planning and execution, a recent report says.br /br /By 2015, supply chain planning and execution will blur, according to a recent presentation in which Supply Chain Digest’s editor-in-chief, Dan Gilmore, discussed specific key issues that he believes receive negligible attention.br /br /“For many years, analysts and others have offered separate models of ‘supply chain planning’ and ‘supply chain execution’ processes, and the technology vendors were generally organized in that sense as well,” Supply Chain Digest said earlier this year.br /br /Yet, according to Gilmore, “The need for response based on market demand and other factors is outstripping current planning cycles.br /br /“Tactical and even some operational planning become completely intertwined with execution, causing changes in organizational structures, processes and technology,” he continued. Read more a href=”http://news.thomasnet.com/IMT/archives/2009/11/supply-chain-planning-and-execution-to-blur-integration-phases.html?t=recent”here/a.

span style=”font-size:85%;”(International Freighting Weekly – James Falkner)/spanbr /br /TT Club has published a new a href=”http://www.ttclub.com/ttclub/public.nsf/html/MGRY-6VLKH3_C?OpenDocument” target=”_blank”transport manager’s handbook/a on the Conventions for the International Carriage of Goods. It replaces an earlier version and offers a guide to what conventions are in use in which countries, for all modes of freight transport.br /br /The handbook is designed specifically for transport managers who do not have a legal background, but who have to deal with claims and insurance for their companies.