May 13, 2019 15:15 Mick O’Reilly New Zealand is a long way away — it’s like travelling to the end of the Earth. It’s 11 hours on a plane from Hong Kong, and even that’s another 11 hours on a plane from London. Between jet lag and changing time zones, it turns what used to…
DetailsSource: Digital initiative can ‘change course’ of container shipping – Lloyd’s Loading List
An active role from the private sector would ensure more and more SMEs are able to take advantage of opportunities in the global market. By PAWAN GUPTA, May 7, 2019 Trading has been a major part of the world economy for a long time. The member nations of the World Trade Organization (WTO) alone contributed to a…
DetailsShipping line Maersk has launched a digital customs clearance platform, to help customers deal with complex shipping regulations. It claims to be the first container shipping company to offer the service. By Steve Garnsey Various rules must be followed to ensure traded goods enter and exit a country legally. But if a delay occurs, the entire…
DetailsNicky Morris Last year the Chairman and founder of FedEx, Frederick W. Smith, said that blockchain has “big, big implications in supply chain, transportation, and logistics.” So the question is what is FedEx working on? Ledger Insights spoke to Dale Chrystie, FedEx Business Fellow, who was recently elected as the first chair of Blockchain in Transport Alliance (BiTA)…
DetailsCiti, in partnership with advisory firm EY and analytics company SAS, has launched an artificial intelligence-based solution to digitise its trade compliance processes. 01-05-19 BY ELEANOR WRAGGO The NextGen project brings together EY’s business, risk and technology consulting experience in the financial services sector with SAS’ analytics platform to create a risk analytics scoring engine…
DetailsPlatinum Equity has completed its acquisition of Livingston International, Canada’s largest customs broker, for an undisclosed sum. May 02, 2019 Nate Tabak The deal puts Toronto-based Livingston, a member of the Blockchain in Transport Alliance (BiTA) in Platnium’s $13 billion portfolio. The companies announced the completion of the acquisition on May 2. “We are excited…
DetailsNature of Client’s Business Air freight and ocean freight services to the global marine and oil and gas industries Volume of Client’s Activity Ocean freight around 3,000 customs declarations per annum Air freight around 10,000 customs declarations per annum Client’s Work Processes Before Engaging TNETS As Customs Declaring Agent / Customs Broker Customs declarations performed…
DetailsAP Moller – Maersk has launched a digital customs clearance platform for seven European countries, which claims to be an industry first, with an expand the system globally by year end. Marcus Hand Editor, Seatrade Maritime News As it seeks to streamline the trade processes around container shipping Maersk is taking customs clearance online –…
DetailsThe General Administration of Customs (GAC) announced new measures Thursday to expedite cargo clearance and cut administrative charges as part of the efforts to facilitate foreign trade. Source: Xinhua| 2018-09-27 18:33:27|Editor: Yurou Clearance documents subject to verification at ports will be reduced from 86 to 48 by Nov. 1, Zhang Guangzhi, a senior GAC official, told…
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