Philippine customs destroys 21 smuggled luxury cars worth INR 8.8 cr

21 June 2021 – Seven of these vehicles were seized from various ports of Philippines including Manila International Container Port, Port of Manila and Port of Subic. The destruction of the vehicles follows the Presidential Directive 2017-447, in which President Rodrigo Roa Duterte reiterated the need to destroy smuggled vehicles to send a strong message…

Online logistics platforms and truckers forming alliances in a ‘tech arms race’

18 March 2021 – Logistics providers and truckers are pushing each other in a ‘technological arms race’ to offer better integrated functionality – or they are joining hands to do so. Last month, logistics platform provider Redwood Logistics forged a strategic alliance with supply chain platform firm Blue Yonder. Integrating the latter’s price discovery service…

Digital Freight Forwarder Shipwaves joins Maersk-IBM developed Blockchain-based TradeLens platform

Jul 21, 2020 The Mumbai-based digital freight forwarder will leverage TradeLens’ solutions to accelerate secure digitization in ocean logistics Shipwaves, an industry-leading digital freight forwarder has joined Maersk-IBM developed TradeLends platform. The association between the front-running blockchain-powered supply chain solution provider and digital freight forwarder is aimed at accelerating the digitization of the ocean logistics space, especially…

Cargo operations at Chinese airports hit break-point; freight rates slump

Airfreight demand out of China was lower than expected this week but it started to drop soon after the Golden Week holidays. It was a terrifying time for forwarders before the China holidays and soon after. Empty freighters, canceled charter contracts, missed flights and stricter PPE quality inspections also saw a reduction in demand for…

Solutions should prioritize maintaining industrial production: ministry

HÀ NỘI — The Ministry of Industry and Trade said that the most important priority at present was to maintain the operation of domestic industrial enterprises during the novel coronavirus (COVID-19) pandemic. The pandemic has caused a lot of difficulties for enterprises in Việt Nam, especially industrial enterprises. If an enterprise is closed due the pandemic, its workers…

Notice to exporters 2019/15: UK exporters fined for unlicensed exports

By Department for International Trade Nov 12 2019 / GOV.UK Export Control Unit Between May and October 2019, HM Revenue & Customs (HMRC) issued compound penalties between £5,000 and £90,000 to 9 UK exporters. These related to unlicensed exports of dual use goods, military goods and related activity controlled by The Export Control Order 2008.…