Author: M. Can Fidan

How Can I Reduce My International Logistics Costs in 2018?

Regardless of whether you are importing/exporting 10 containers, or thousands of containers, logistics is a significant process in the overall bottom line of companies. Reducing the overall cost of moving products from point A to B is not as simple as reducing the price of your trucking, or freight. First, we need to understand what the actual cost consists of. The cost of moving product starts from packaging, until that product is unpacked, and served, for its purpose. It may be broken down into pieces depending on who is controlling, or responsible for, what part of the transaction. The...

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Responsibilities of Ocean Carriers & Customers in an Ocean Shipment

Being in the shipping and logistics business over 18 years, I have experienced number of different disputes about the responsibility of shippers/consignees against carriers and vice versa. I can clearly say that there is still a huge crowd of shippers that are not aware of their and the carrier’s responsibilitites, according to the only viable contract in maritime law – Bill of Lading. I will not go too deep into actual Bill of Lading terms, but will be giving examples of common misperceptions of the terms and conditions of the Bill of Lading, through day-to-day examples. Now, every item...

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The U.S. Containerized Export Market in 2017

We just finished the first month of 2017, and it’s time for us to share our overall expectations for the U.S. Containerized Export Market in 2017. Where the freight rates should be? What should we be aware of as we go through the year? First, 2016 was not a good year for ocean carriers, freight forwarders, and I believe, even for most of the exporters when looking at revenue. We all did more work and were paid less to do that work. According to 2016 (Jan to Dec) containerized export data from Datamyne, the U.S. shipped 288,000 more TEUs to the top...

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US Gulf – Get Ready to Look for Space!

If you are a shipper from port of Houston and New Orleans, you should get ready for the perfect storm that’s approaching. As a person who has experienced the 2008-2009 US Gulf export boom, I see that companies are not really getting prepared as they should be. I don’t really mean the companies in petrochemicals that are going to be the reason of this huge demand increase, but the ones that are not in petrochemical industry. You need to wake up! Below is the total Polyethylene (LDPE, HDPE, LLDPE) tonnage expectation with the new facilities that are expected to...

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The First Vessel Sailed Through Panama, Now What Is There To Anticipate?

You have been reading both on our blog and other industry sources on what Panama Canal will be bringing. The main question is, did it really bring what has been promised and what does that mean to the shipping industry in the near future? Just to be clear and understand the impact, Panama Canal was handling %48 of US Trade against Suez canal, and as of today (just a little more than a month after the canal opened) Panama’s share has already reached to %57 and over-passed Suez Canal. According to JOC, based on recent fuel prices and tolls...

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