Fwd News Forward with Toll is a news-based website that will provide you with the latest developments from the world of supply chain management. We listen to our customers in the course of our daily work. You told us of your need for timely and relevant industry information, and how difficult it is to obtain this. With your feedback, and recognising the importance of being well-informed of changes affecting our industry – and how they may impact yours – we created Forward with Toll. Forward with Toll provides insight and opinions from a broad range of stakeholders: shippers, service providers, opinion leaders and industry news editors, to offer you an insider’s look at global supply chain.
  • News Clippings, 18 January 2019 Autonomous ships market to reach US$13.8bn by 2023 The autonomous ships market is estimated to reach US$13.8 billion by 2023, compared to US$6 billion in 2018 with Asia Pacific showing the highest potential for deploying the next generation vessels. The report, by MarketsandMarkets finds that there is significant growth in world trade by sea, increase […] 0 Comments 4 weeks ago
  • Shippers question new sulphur cap surcharges The early introduction of sulphur cap surcharges imposed by some leading container shipping companies has led to complaints of unfair practice by shippers’ associations in Asia and Europe. The International Maritime Organization is set to implement the new sulphur limit on 1 January 2020, but there is consternation from freight buyers that they are already […] 0 Comments 1 month ago
  • 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 […] 0 Comments 1 month ago
  • News Clippings, 10 January 2019 COSCO and Abu Dhabi Terminals sign MOU Cosco Shipping Ports (CSP) terminal opened at Khalifa Port in Abu Dhabi in December and the company has followed up by signing a Memorandum of Understanding with Abu Dhabi Terminals (ADT) to expand collaboration between the two terminals. CSP’s new semi-automated terminal, which will begin trial operations in […] 0 Comments 1 month ago
  • Tariffs impact luxury goods sector in Hong Kong and mainland China The consumer looking to purchase luxury goods sourced from China may need to look elsewhere until the trade war between the US and China calms down. Approximately 5000 products in the luxury goods sector were subject to a 10% tariff in late September, according to a Marketwatch.comarticle. The tariff was due to increase to 25% […] 0 Comments 2 months ago
  • Taiwan introduces low sulphur cap early In November, Taiwan’s Ministry of Transportation and Communications issued new guidance advising that, from 1 January 2019, vessels entering certain ports in Taiwan would be required to comply with the IMO’s 2020 global regulation that caps fuel sulphur content at 0.5%. This is a full year earlier than the IMO’s deadline, which some shipowners are already struggling […] 0 Comments 2 months ago
  • 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 […] 0 Comments 2 months ago
  • 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 […] 0 Comments 2 months ago
  • 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 […] 0 Comments 2 months ago
  • 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 […] 0 Comments 2 months ago
  • 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, […] 0 Comments 3 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 […] 0 Comments 3 months ago