Export/Import Updates!
April 29, 2020

Events, Scrubbers, the Chinese Economy and Logistics Tech




What a week. There were two big logistics events in the Netherlands and I spoke at both. At Mulitmodal Europe in Rotterdam I spoke about container optimization and the repositioning of empties. For those that weren’t there I will write a blog post about it and share it here.

The other event was the ICT & Logistics event in Utrecht where I spoke about how booking a container should be just as fast an easy as booking a hotel. A big thank you to the many people that came to the sessions.

It’s too bad both events were at the same time. I still got to meet a lot of new and interesting people, was interviewed about data and freight in the digital era and got a lot of inspiration from what other companies are doing.

Our new President of Supplier Relations & International Growth Flemming Frost accompanied me to all events. Read more about Flemming in the post from our Founder Shekhar here.

I didn’t have much time this week, so there are less highlights then usual when it comes to news and interesting reading material that I came across this week. Anyway, here goes:


The Chinese Economy

“Given that Chinese imports account for nearly half of all container imports moving over U.S. ports, one would be excused for prematurely jumping to the conclusion that U.S. port volumes are at great risk—as are the logistics and transportation jobs associated with moving Chinese imports from the port of entry to distribution centers and on to final demand markets. But let’s not hit the panic button just yet.”

How will the tariff war with China affect U.S. container ports?


“China’s exports climbed 15.6% in October, versus the same month a year ago, in US dollar terms—way higher than what analysts expected. The real surprise, though, was the eye-popping 21.4% year-over-year leap in Chinese imports. That’s odd given that China’s economy is slowing abruptly again, which should translate to sluggish demand for goods from consumers and businesses.”

Despite US tariffs, China’s trade soared in October. It may not last.


Scrubbers

“The decision on whether to invest in scrubber technology on containerships, ahead of the IMO’s 0.5% sulphur cap on 1 January 2020, has resulted in ocean carriers adopting a “polarised” approach, according to an Alphaliner survey.”

Carriers still weighing up pros and cons of scrubbers vs switch to low-sulphur fuel


Logistics Tech

Gartner has published their predictions on strategic tech trends for 2019 again.

“While most shippers, brokers, carriers, vendors, and warehouse operators will agree that the logistics industry is awash in emerging technologies, Gartner said its study focuses only on those trends that have substantial disruptive potential that is beginning to break out of an emerging state into broader impact and could reach a tipping point over the next five years.”

Gartner flags 10 strategic tech trends for 2019


I couldn’t agree more with the quote below, although I think that for the forseeable future there is more to be gained from automating processes, then automating vehicles. Automating processes is one of the reasons our platform increases efficiency.

“Most transport companies say innovation and automation will help transform the industry by helping to boost productivity and reduce costs, according to the survey.”

Geopolitics, technological innovation top global transport industry concerns


One of the barriers blocking the adoption of new technology is one that we made sure is not applicable to our platform: investment. No need to invest. Joining the platform is free and the cost per shipment you pay for using Cogoport are a small percentage of the total cost you save using it.

“Barriers to adopting technology persist – with transport companies citing the major challenges to adopting technology-driven innovation as cost and investment (71%)”

Automation to Define Future of Transport But There are Obstacles


And two infographics from the people over at FreightWaves on the rise of Transportation Tech.

Transport Tech Rising: Venture Capital Trends (Part 2)

Transport Tech Rising: Venture Capital Trends (Part 3)


Photo by Mikkel Jönck Schmidt on Unsplash

Logistics
Online Freight Booking
Containerization
Editorial Team
Editorial Team
Customer success manager

More articles

Are you Aware of the Importance of Business Trade Finance?

Are you Aware of the Importance of Business Trade Finance?

Wondering how to take your business to new heights? Read our blog article on the advantages of trade finance, which is a preview of our upcoming webinar.

Editorial Team
Editorial Team
This is some text inside of a div block.
The Capacity Crunch, Surcharges, The Top 29 Ocean Carriers, and the Panama Canal

The Capacity Crunch, Surcharges, The Top 29 Ocean Carriers, and the Panama Canal

This Week in Ocean Freight

Editorial Team
Editorial Team
This is some text inside of a div block.
India-Pakistan Political Dispute: Is trade affected.

India-Pakistan Political Dispute: Is trade affected.

Pakistan trade has been suspended since the revocation of Article 370. But is this really affecting the overall trade of either nation?

Editorial Team
Editorial Team
This is some text inside of a div block.
9 Skills To Be A Successful Export/Import Manager

9 Skills To Be A Successful Export/Import Manager

An Export/Import manager must have these essential skills to be successful.

Editorial Team
Editorial Team
This is some text inside of a div block.
CMA CGM announces peak season surcharge from India to Onne, Nigeria

CMA CGM announces peak season surcharge from India to Onne, Nigeria

The French container transportation and shipping company announced a peak season surcharge

Editorial Team
Editorial Team
This is some text inside of a div block.
US – China Trade War: Impact on Global Trade

US – China Trade War: Impact on Global Trade

A look at United States' recent trade protectionist policies and how they impact global trade.

Editorial Team
Editorial Team
This is some text inside of a div block.
Export/Import Updates!

Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Sara Smith
Customer success manager

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Heading

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Resources

No items found.