• ICC aims to simplify and streamline Incoterms

    The Incoterms are set to change in their once-a-decade revamp in 2020. The new terms are currently being drafted by the International Chamber of Commerce (ICC), which publishes the conditions. The Committee of Experts drafting the document is comprised of lawyers, traders and company representatives from around the world, including France, the UK, Germany, Turkey […]

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  • Extreme weather impacts the supply chain

    The World Economic Forum’s Global Risks Landscape 2018 highlighted extreme weather events as the most likely and highest impact risk of 2018. In the report’s short 13-year history, the landscape has seen all five environmental categories, as being the highest risk. These risks are naturally of great concern for businesses, and already a sobering reality […]

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  • News Clippings, 20 December 2018

    Tax payment reporting for road freight contractors Payments made to Australian road freight contractors will be subject to taxation from July 1, 2019.  TheAustralian Government passed a law that extended the Taxable Payment Reporting System (TPRS) to road freight. The measure has been introduced to countert he black economy where cash transactions are made without […]

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  • Shipping has its ‘Kyoto’ moment in 2018

    Undoubtedly, how shipping manages its environmental footprint was this industry’s news story of the year. 2018 was the year where regulators finally gave shipping its ‘Kyoto’ moment – demanding vessels slash their carbon footprint in half by 2050 compared to 2008 levels. With ships trading for 25 years, what this new ruling means is that […]

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  • Telematics in trucking

    The Internet of Things (IoT) is changing everything – from our homes, to our communities, and of course the way we conduct business. Now, even trucking is a connected business, thanks to telematics technology. Telematics is a technology that allows data captured while driving to be processed and transmitted over long-distances. Insurers are already using […]

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  • News Clippings, 13 December 2018

    Union Pacific to launch hybrid power locomotives A US rail company is to launch a new diesel-electric hybrid locomotive. The Union Pacific (UP) railroad company will convert ten units to Tier 4 single engine switching locomotives approved by theUS Environmental Protection Agency. The US$15 million UP project will reduce particulate matter and nitrogen oxide emissions […]

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  • The roadblocks to blockchain

    Blockchain is an unalterable digital ledger that allows different segments of a supply chain to capture information about products, including the product’s origin, where it’s been, how it got to its destination, and more. By creating this permanent history of a product from production to sale, it is widely believed that blockchain will increase trust, […]

    Fwd News 0 Comments 2 months ago
  • E-commerce year in review

    E-commerce is (still) booming. In China alone, more than half a billion shoppers purchased items online in 2017, and that number sits in the shadow of 2018’s growth. In 2017, worldwide e-commerce totalled US$2.3 trillion. In 2018, Statista estimates global online retail sales will be US$2.8 trillion, and revenues are projected to grow to US$4.88 […]

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  • Shipping joins the war on plastic packaging

    There’s been a tidal wave of change recently in the fight against plastic and change is coming for the shipping industry, as well. Consumers have spoken and the consensus points to the increasingly important need to phase out single-use plastics in consumer products, packaging, and shipping materials. Biodegradability and sustainability are key in today’s discerning […]

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  • Airfreight year in review

    2017 was a stellar year for air cargo, with the industry celebrating a full recovery and 10.1 percent growth, more than doubling the estimated long-term growth rate, according to Boeing. While 2018 hasn’t delivered equally prosperous conditions, airfreight growth is positive and expected to be around four percent for the year, according to The International […]

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  • Warehouse technology advancements changing the industry landscape

    Warehouse automation has grown in leaps and bounds in the last several years. International trade is projected to double in the next 20 years, and the number of parcels needing global transportation is growing exponentially, according to an International Air Transport Association (IATA) white paper. Warehouse facilities will need to keep pace to meet the […]

    Fwd News 0 Comments 2 months ago

    After the improvements of 2017, container shipping has had a bumpier ride in 2018. Forward with Toll spoke with Trevor Crowe, Director at Clarksons Research, to get an insight into what 2019 might hold. “2017 was a year of improvement, and 2018 thus far has been quite mixed.” Broadly speaking, Clarksons Research’s reports show the […]

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