What Impact Will IMO 2020 Have on the Ocean Shipping Industry?https://transmodal.net/wp-content/uploads/3_file.png850511TransmodalTransmodal//220.127.116.11/wp-content/uploads/transmodal-logo_dsktp2x.png
All commercial cargo ships run on bunker fuel, which is either marine gas oil (MGO), marine diesel oil (MDO), intermediate fuel oil (IFO), marine fuel oil (MFO), or heavy fuel oil (HFO). These fuels have a high sulphur content which is detrimental to the environment.
Price is what you pay, and value is what you get. A low price is often enticing, but keep in mind that you get what you pay for. Value and price are linked in the logistics industry so be careful of what you are asking a freight forwarder or carrier for.
Vietnam’s economy is one of the fastest growing in Asia — and given the current state of trade in the region, the country is well positioned to continue the expansion of its $200B GDP through export growth.
Considering Thailand as an Alternative to China for Manufacturing? Read This.https://transmodal.net/wp-content/uploads/8_file.png850567TransmodalTransmodal//18.104.22.168/wp-content/uploads/transmodal-logo_dsktp2x.png
With the China-U.S. trade dispute and higher tariffs getting a lot of headlines, there’s growing discussion about the many global companies looking for alternatives to China for sourcing manufacturing and materials. Near, or at, the top of the list companies are looking at is Thailand.
4 Tips You Should Understand Before Choosing a Freight Forwarderhttps://transmodal.net/wp-content/uploads/10_file.png850637TransmodalTransmodal//22.214.171.124/wp-content/uploads/transmodal-logo_dsktp2x.png
Today’s supply chains move quickly, and often involve many different pieces from different locations that need to be brought together and delivered on time. This means the freight forwarder you select should be able to pull a lot of different parts together in a way that will optimize processes, reduce costs, and provide consistent service.
Let’s set the record straight about freight. If you don’t handle your freight correctly, it could end up costing your company more than just profits. Customer retention and your reputation also rely heavily on your shipping strategy.