How to check container number is right or wrong? What is a container check digit? This allows operators, terminals, depots, and other parties in the supply chain to automatically validate container numbers and easily identify incorrect container numbers introduced through a data-entry error or an erroneous OCR (optical character recognition) reading. The container check digit …
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Surge In Container Shipping Prices. Shipping container prices have risen due to a classic ‘supply and demand’ squeeze from all directions which could easily be called a ‘perfect storm’ of issues. There is supply restriction in china, there is difficulty moving containers into Europe and the UK. The Coronavirus outbreak meant that the shipping lines …
Covid- Impact on Container Shipping The COVID-19 pandemic had an unprecedented impact on global economies. Lockdown measures worldwide meant that manufacturing was halted, ports were closed, and shipping companies were forced to make dramatic adjustments to their regular schedules. Despite Asia’s prolonged struggles, it wasn’t until February 2020 that the global shipping sector started to …
PM Narendra Modi to release national logistics policy on September 17th Prime Minister Narendra Modi will release the national logistics policy on September 17th, which is aimed at promoting a seamless movement of goods across the country, Commerce and Industry Minister Piyush Goyal said on Tuesday. The policy will create a single window e-logistics market …
Container tracking – An exception management tool by Conmove.io Read More »
India jumps 6 places to 37th rank on IMD’s World Competitive. After a stable but stagnant five years, 2022 witnessed significant improvement in the competitiveness of the Indian economy, IMD said, adding that this is largely due to gains in economic performance. India has witnessed the sharpest rise among the Asian economies, with a six-position …
India jumps 6 places to 37th rank on IMD’s World Competitive. Read More »
S&P Cuts FY23 India Growth Forecast To 7.3% On Inflation. Due to rising inflation and the longer-than-expected Russia-Ukraine conflict, India’s growth projection for the current fiscal has been cut to 7.3 percent from 7.8 percent earlier, said S&P Global Ratings in its Global Macro Update to Growth Forecasts. Inflation remaining higher for long is a …
S&P cuts FY23 India growth forecast to 7.3% on inflation. Read More »
Global Supply Chain Crises Flares Up Again Where It All Began China’s stringent rules to curb Covid-19 are about to unleash another wave of summer chaos on supply chains between Asia, the U.S., and Europe. Ports are already snarled, with the $22 trillion trade in global goods facing months of severe disruption. Beijing’s zero-tolerance approach …
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21st Cent. Digital Container Shipping In the 21st century, it is time for technology to lead a new revolution. In ocean freight supply chains, meaningful innovation is long overdue. The container shipping industry in the past decade and more has been characterized by intense peaks and troughs, rivalries and rate wars – but little in …
How Did Container Logistics Start? The main standard steel trailer was developed and licensed by Malcolm McLean (USA, 1956). Despite the fact that he wasn’t a sea transporter, he possessed the biggest shipping organization in the country around then. Slowly, he concocted thought of how to make multi-purpose transportation consistent and proficient. For quite a …
BOXEYE: Container Tracking On Ocean Container tracking is a vital aspect of the shipping industry, as it allows businesses to monitor the location and estimated time of arrival (ETA) of their goods as they are transported around the world. With the increasing globalization of trade and the growing complexity of supply chains, container tracking has …
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