Author: Orkun Gonen

Project Cargo Explained – What We Need to Know to Successfully Plan & Execute Project Cargo Shipments

Let’s explore what project cargo means. “Project cargo” is a term used to broadly describe the national or international transportation of large, heavy, high value, or complex pieces of equipment. The materials can be sourced globally, or from one individual location. The oil and gas, wind power, mining, engineering, and construction industries are heavily involved in this level of transportation. Project cargo requires a detailed engineering process in order to stay within the projected budget, and be completed on time. It can consist of multiple or single shipments, and can both cover a wide range of freight volume and...

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The Increase of US Containerized Imports – How to Prepare for the Rest of 2017

Looking into 2017, markets anticipated U.S. containerized imports to jump approximately 6.0% up, compared to last year, and reach a new peak of 21.8 million TEUs, mainly on strong consumer demand. Northeast Asia contributed most to the import trade, adding 1.91% to growth, followed by Southeast Asia which contributed 1.02% to growth. China continued to be the largest supplier of containerized goods to the U.S., accounting for 46.8 percent of the total U.S. inbound trade. In this atmosphere, I believe it is critical to focus on utmost time and cost efficiency, when moving freight into the U.S., and take proactive steps...

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What to Expect as 2017 Progresses: Contract Negotiations, Disruptive Global Trade Trends, and More

We live in a world with unprecedented global ties, and seamless collaboration for us industry professionals to do tasks after tasks. There are many variables out there that affect our decision-making process. In this article, I would like to provide you some insights to keep in mind as we move ahead with the rest of 2017. Contract Negotiations The difference between the expectations of shippers and carriers on ocean freight rates this year may set the stage for difficult contract negotiations for the 2017-2018 shipping season. Shippers assume they can lock in contracts with little or no rate increases, compared...

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NVOCC Important Predictions & Global Trends for 2017

In order to present a clear case for my predictions and trends for 2017, I will be providing you with some U.S. Customs data pulled via Datamyne on NVOCC-controlled inbound shipments for the Gulf and Midwest. In 2014, Houston experienced a large and clear increase in import shipments that are controlled by NVOCCs. For many NVO, 2014 was the golden year for their growth rate. For Houston, 2015 and 2016 marked a dramatic decrease in the number of TEUs NVOCCs controlled. According to Forbes, since 2007-2008, net Chinese exports accounted less and less each year as a percentage of China’s GDP...

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Cheat Sheet: 9 Critical Principles Logistics Professionals Should Adhere to in 2017 for all International Shipping Needs

International shipping is if not the most then one of the most competitive markets in the world. Daily interaction of multiple players and multiple industries results in constant reshaping of the international shipping arena. In order to create success and meet the ever-changing expectations, it is critical for industry professionals to implement the “right strategies.” Strategies that will allow them to drive more profit, increase competitiveness and ensure optimum receipt of value from their shipping arrangements. In this context the real value of the “right strategy” is simply priceless. There is no doubt 2017 will bring many ups and...

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