Supply chain Archives - The Loadstar https://theloadstar.com/category/supply-chain/ Making sense of the supply chain Tue, 05 Nov 2024 22:24:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 Electronic negotiable cargo documents – the UN’s solution https://theloadstar.com/electronic-negotiable-cargo-documents-the-uns-solution/ https://theloadstar.com/electronic-negotiable-cargo-documents-the-uns-solution/#respond Tue, 05 Nov 2024 13:30:35 +0000 https://theloadstar.com/?p=284148 In 2019, the UNCITRAL secretariat began to work on an international instrument on negotiable cargo documents, in order to open up opportunities for trade finance and facilitate international trade. TT Club explains the key issues of importance that are to be considered and still to be resolved.
It is envisaged that the instrument could apply to any mode of transport in a multimodal or unimodal context.  Currently, negotiable bills are only ...

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DHL lowers profit expectations after weaker-than-expected Q3 https://theloadstar.com/dhl-lowers-profit-expectations-after-weaker-than-expected-q3/ https://theloadstar.com/dhl-lowers-profit-expectations-after-weaker-than-expected-q3/#respond Tue, 05 Nov 2024 13:20:06 +0000 https://theloadstar.com/?p=284344 DHL singled out its Global Forwarding division for a weaker-than-expected third quarter, and confirmed it was lowering its profit forecast for the year.
Despite growing group revenues, up 6.2% year on year over the three month period to October, at €20.6bn $22.4bn), DHL was only able to translate this into a barely noticeable 0.1% uptick in profits, to €1.37bn, failing to eat into the 14.2% year-to-date decline in EBIT of €4bn.
Chief ...

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Ripples from standstill at strike-bound Canadian ports could spread inland https://theloadstar.com/ripples-from-standstill-at-strike-bound-canadian-ports-could-spread-inland/ https://theloadstar.com/ripples-from-standstill-at-strike-bound-canadian-ports-could-spread-inland/#respond Tue, 05 Nov 2024 13:03:50 +0000 https://theloadstar.com/?p=284328 Turmoil persists at Canada’s ports, with warnings that this could lead to spikes in road and rail freight, and congestion at ‘Plan-B’ US west coast gateways.  
Yesterday, the International Longshore and Warehouse Union Ship & Dock Foremen Local 514 began an industry-wide, open-ended strike against all BC Maritime Employers Association (BCMEA) member companies.  
The association issued a coast-wide lockout notice in response, effectively shutting down the principal ports of Vancouver ...

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Aesop’s grape-hungry fox has a lesson for DHL’s dealmakers https://theloadstar.com/aesops-grape-hungry-fox-has-a-lesson-for-dhls-dealmakers/ https://theloadstar.com/aesops-grape-hungry-fox-has-a-lesson-for-dhls-dealmakers/#respond Tue, 05 Nov 2024 12:32:10 +0000 https://theloadstar.com/?p=284264 If you have followed our DeskOne live coverage of the conference call that followed the Q3 24 release of DHL Group’s results today, you may well be aware that headline group numbers were, as expected, broadly in line with preliminary figures released last week.
A couple of substantial add-ons…
… however follow, for your perusal: air freight performance in DHL Global Forwarding (GF) was disappointing in terms of gross profit (GP) per unit, ...

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How to avoid ‘a wave of regulatory pain’ from Fuel EU Maritime rules https://theloadstar.com/how-to-avoid-a-wave-of-regulatory-pain-from-fuel-eu-maritime-rules/ https://theloadstar.com/how-to-avoid-a-wave-of-regulatory-pain-from-fuel-eu-maritime-rules/#respond Tue, 05 Nov 2024 11:47:53 +0000 https://theloadstar.com/?p=284294 Companies need to be prepared for the introduction of FuelEU Maritime in less than two months – those without updated digital solutions could find themselves riding “a wave of regulatory pain”, according to director of performance at smart shipping innovation platform Navtor, Jacob Clausen. 
The regulation, coming into force on 1 January, sets targets for the greenhouse gas (GHG) intensity of the energy used on a ship, with targets getting stricter every five ...

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The big supply chain disruptor is the regulators, say shippers https://theloadstar.com/the-big-supply-chain-disruptor-is-the-regulators-say-shippers/ https://theloadstar.com/the-big-supply-chain-disruptor-is-the-regulators-say-shippers/#respond Mon, 04 Nov 2024 13:41:49 +0000 https://theloadstar.com/?p=284195 Shippers need their supply chain partners to collaborate in order to speed up processes and provide visibility, according to head of logistics at Early Health Group, Yulia Celetaria. 
On the sidelines of Aviation connect in Istanbul last week, Ms Celetaria told The Loadstar: “I have a clinical trial that needs to be delivered from Switzerland to some remote area in Argentina, and sometimes we use five to six service providers. 
“We work ...

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US port operators brace for tariff blitz if Trump gets second term https://theloadstar.com/us-port-operators-brace-for-tariff-blitz-if-trump-gets-second-term/ https://theloadstar.com/us-port-operators-brace-for-tariff-blitz-if-trump-gets-second-term/#respond Mon, 04 Nov 2024 13:32:02 +0000 https://theloadstar.com/?p=284196 US port operators will be focused on the results of tomorrow’s elections, concerned that potential tariff policies could upend their business models.
With the polls placing the main presidential candidates neck and neck, sources across US supply chains have told The Loadstar that many shippers were organising their inventories on the basis of a Trump victory, as worry grows over his tariff pronouncements.
Describing ‘tariff’ as “the most beautiful word in the ...

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Enrico Farneti to take over from Daniela Coppola as MD Hellmann Italy https://theloadstar.com/enrico-farneti-to-take-over-from-daniela-coppola-as-md-hellmann-italy/ https://theloadstar.com/enrico-farneti-to-take-over-from-daniela-coppola-as-md-hellmann-italy/#respond Mon, 04 Nov 2024 12:55:02 +0000 https://theloadstar.com/?p=284181 Hellmann Worldwide Logistics has appointed Enrico Farneti (above) as its new managing director of Hellmann Italy, succeeding Daniela Coppola, who will leave the company at the end of the year, as planned.
The move follows last year’s acquisition of Hellmann Italy by the Germany-headquartered firm, which “enabled Hellmann to significantly strengthen its presence in the central Alpine region and expand its seafreight operations in the strategically important Mediterranean region, particularly through ...

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News in Brief podcast | Week 45 2024 | Exploding parcels, Q3 results and Wincanton/GXO sagas  https://theloadstar.com/news-in-brief-podcast-week-45-2024-exploding-parcels-q3-results-and-wincanton-gxo-saga/ https://theloadstar.com/news-in-brief-podcast-week-45-2024-exploding-parcels-q3-results-and-wincanton-gxo-saga/#respond Mon, 04 Nov 2024 04:00:56 +0000 https://theloadstar.com/?p=284066 In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply chain news, including insights from her recent trip to Istanbul for Aviation Connect, and offers a preview of stories that might appear on The Loadstar this week.  
Ms Goldstone is joined by The Loadstar managing editor Gavin van Marle, who discusses the latest in GXO’s bid to takeover Wincanton and recaps some ocean carrier Q3 ...

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Canada’s west coast port employers lock out union workers set to strike https://theloadstar.com/canadas-west-coast-port-employers-lock-out-ilwu-local-workers-after-strike-announcement/ https://theloadstar.com/canadas-west-coast-port-employers-lock-out-ilwu-local-workers-after-strike-announcement/#respond Fri, 01 Nov 2024 15:20:26 +0000 https://theloadstar.com/?p=284068 Canada’s ports look set to be restricted on both coasts, with west coast ports including Vancouver and Prince Rupert to be hit with labour action on Monday, following the closure of terminals at the port of Montreal yesterday.
The ILWU Local 514 yesterday issued a strike notice for Monday 4 November. But the British Columbia Maritime Employers Association (BCMEA) has punched back firmly, implementing a coast-wide lockout of ILWU Local 514 ...

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