The collapse of Hanjin, the seventh largest container ocean shipping company, is going to impact the global supply chain. The legal options and what to expect from the Hanjin Chapter 15 proceedings have been outlined in this maritime law update by the International Maritime Group: http://www.internationalmaritime.net/hanjins-collapse/
Read moreUSSA, a leader in ocean freight management, understands that there are multiple components to consider in managing the transportation of your cargo. Whether you ship vast quantities of product or less-than-truckload shipments, it is inevitable that you will receive several freight invoices along the way. You may need a tool and mechanism to manage all […]
Read moreIt has been a tense time for many around the world. While on September 13, the chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping to enable cargo stranded on the troubled shipper’s vessels to be unloaded, securing additional funds could take “considerable time”, according to a company spokesman. The looming […]
Read moreSOLAS introduced the new regulation about the declaration of the weight of ocean freight with great impact to the industry. Besides the additional administrative cost, there has been a shift in liability to the ocean shipping companies. As much as a change in any well-established process can seem like a burden, USSA has put together […]
Read moreInternational ocean shipping is required by major businesses on a frequent and predictable basis. The exploding demand pre-2008 and a need to utilize vessels that burned fuel more efficiently when oil prices were skyrocketing, prompted ocean carriers to build bigger, more cost-effective ships to handle larger loads. Today vessel owners are building larger which has […]
Read moreAmendments to the Safety of Life at Sea Convention (SOLAS) require every packed export container to have a verified weight before being loaded. The impact has been significant to Shippers all over the world. However, the shipment processes from the U.S.A. were evaluated and specific allowances were applied because the U.S. had already incorporated weight […]
Read moreVerified Gross Mass Industry FAQs The amendments to this regulation have substantial impact on operational practices between the parties in the international supply chain involved in the movement of containers by sea. While the convention relates to the safety of ships at sea, it should be recognized that shore based activities relating to the presentation of cargo are […]
Read moreShippers say they will struggle to comply with a new requirement to weigh containers before they’re loaded on ships, a step carriers say will reduce accidents. A new rule will require shippers to vouch for the weight of their containers. Underestimating container weights has been blamed for some recent maritime disasters, including the MSC Napoli, […]
Read moreLow Sulfur Charge One way that the Ocean Carrier segment of the shipping industry tries to keep customers happy with low rates while maintaining their own profitability involves finding new ways to enhance their revenues without asking their customers for a rate increase. They can sometimes accomplish this by applying surcharges to the base ocean […]
Read morePlatform Centralizes Freight Spend Management and Visibility for Industry Trade Group Oakland, CA and Needville, TX – October 24, 2012 – GT Nexus today announced that the U.S. Shippers Association (USSA) has successfully rolled-out its cloud supply chain platform to centralize and automate global logistics management for member companies. GT Nexus replaces disconnected, manual processes and systems with […]
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