New Shanghai International Express and Cargo Hub Extends FedEx Operational Strength for Customers in Asia Pacific [Integrator]
FedEx Express announced the official opening of its new FedEx Shanghai International Express and Cargo Hub located at Shanghai Pudong International Airport. The facility provides greater connectivity and convenience to the FedEx global network and overseas markets for customers in eastern China, particularly those shipping to the US and Europe.
The Shanghai Hub is the largest of its kind at Shanghai Pudong International Airport. The new facility applies cutting-edge technologies and innovation to enhance operational efficiency. The 134,000 square-meter facility is equipped with a dedicated Customer Care Center as well as cold chain facilities.
“The Asia Pacific region remains the growth driver of the world,” said David L. Cunningham, Jr., president and CEO, FedEx Express. “This new Hub adds yet another major facility to our already comprehensive regional and global network, giving our Asia Pacific customers reliable access to international markets.”
FedEx currently has 66 weekly flights in and out of the Hub. With a fully automated sorting system, the new facility can process up to 36,000 packages and documents per hour. The facility utilizes information technology to send real-time information, including flight and shipment status to customers’ mobile devices so they can arrange pick-ups accordingly and reduce logistics cost. With dedicated areas for China Customs and China Entry-Exit Inspection and Quarantine (CIQ), the Hub simplifies operations and improves the Customs clearance process.
“The FedEx Shanghai Hub marks another milestone that helps support the economic growth of east China. By continuously enhancing our services and facilities, we can provide our customers an edge in the fast moving and ever-changing business environment,” said Karen M. Reddington, president, Asia Pacific, FedEx Express.
FedEx continues to increase its operational strength to meet the specific needs of its customers from various industries. For example, the new Hub features a Cold Chain Center which will support the healthcare industry, one of the fastest growing sectors in the Asia Pacific region. Equipped with temperature-controlled storage ranging from -22°C to 25°C, the Center offers a full suite of high-standard cold chain logistics solutions tailored to different healthcare products such as medicines, semi-finished medicines and pharmaceuticals.
The FedEx Shanghai International Express and Cargo Hub reinforces the city’s position as one of the world’s leading international shipping centers, which has ranked among the top three in the world for ten consecutive years with a cargo and mail throughput of 3.8356 million tons in 2017.
Posted at 16:55 パーマリンク
DHL launches Global Trade Barometer, a new and unique leading indicator for world trade [Integrator]
Cross-border trade of intermediate goods and early-cycle commodities point to a moderate increase in world trade within the next three months
DHL Global Trade Barometer derives predictions for global trade by evaluating large amounts of logistics data with the help of Artificial Intelligence
Tim Scharwath, CEO DHL Global Forwarding, Freight: "In a world characterized by volatility and uncertainty, we are contributing to greater transparency and predictability - for the benefit of our customers, our business and society."
Bonn/New York, 01/18/2018, 07:00 PM CET
Official launch event with Tim Scharwath, CEO of DHL Global Forwarding, Freight
DHL has introduced a new and unique early indicator for the current state and future development of global trade. The DHL Global Trade Barometer is based on large amounts of logistics data that are evaluated with the help of artificial intelligence. Since global trade fuels the world economy, the DHL Global Trade Barometer not only provides an outlook on future trade, but also on the prospects for the global economy. The indicator has been developed in cooperation between DHL and Accenture and will be published quarterly.
"As the world's leading logistics provider, DHL has both, a deep understanding of the driving forces behind global trade volumes and the industry expertise to analyze and interpret market data. Our network, knowledge and experience uniquely position us to understand global supply chains in order to derive a global trade outlook", said Tim Scharwath, CEO of DHL Global Forwarding, Freight. "The DHL Global Trade Barometer shows impressively how digitalization - with the use of Big Data and Predictive Analytics - opens up entirely new opportunities that we can use for the benefit of our customers."
Accenture will provide data modelling and predictive analytics to forecast future trade trends for DHL. DHL will receive one unified view of the insights which will give them a stronger understanding of current and future state of global trade logistics for its customers.
Detailed bottom-up data modelling
The DHL Global Trade Barometer is based on import and export data for a number of intermediate and early-cycle commodities that serve as the basis for further industrial production, e.g. brand labels for clothes, bumpers for cars or touch screens for mobile devices. Sources for the index are aggregated market data from air and containerized ocean freight in seven countries, which account for more than 75 percent of world trade. Using artificial intelligence and various statistical methods this data is compressed to a single index value, which is published on a global level and individually for the seven countries evaluated.
The DHL Global Trade Barometer index represents the weighted average of the current growth and the upcoming two months of global trade. An index value above 50 indicates a positive development; values below 50 point to a decline in world trade. Tests with historical data have revealed a high correlation between the DHL Global Trade Barometer and real containerized trade, providing a three-month forward-looking estimate.
January index points to continued moderate growth in global trade
The DHL Global Trade Barometer for January 2018 indicates that global trade will continue to grow within the next three months. On its initial release, the index scored 64, which is slightly below the values calculated for previous months. That means that world trade is still considered to be in an expansive mode, but growth loses momentum. The decline is due to weakening prospects for Chinese and Japanese trade, which is only partially offset by improved prospects for India, South Korea and Great Britain.
In addition to the findings on world trade in general, the DHL Global Trade Barometer provides deep insights into specific issues, e.g. the main macroeconomic factors that are affecting trade trends or the countries and regions that are driving global trade. By breaking down the global supply chain, volume trends within industry sectors could be identified, pointing to outperforming and declining sectors.
The insights from the DHL Global Trade Barometer will help DHL customers to optimize their business processes, for example providing guidance for investment and supply chain decisions. Moreover, DHL itself will leverage the indicator to fine-tune its own resource planning for its international logistics operations. Due to the high quality of the data, the company believes that the DHL Global Trade Barometer has a high significance also beyond logistics. Since it is an indicator for future trade and economic growth worldwide, the index could be integrated into forecast models by banks, associations or economic research institutes.
"In a world characterized by volatility and uncertainty, we are contributing to greater transparency and predictability - for the benefit of our customers, our business and society", Tim Scharwath said.
Posted at 20:28 パーマリンク
Kuehne + Nagel and Deutsche Messe AG agree on long-term collaboration [Forwarder]
Kuehne + Nagel and Deutsche Messe AG are set to continue their successful partnership. Kuehne + Nagel will remain an official logistics service provider to Germany's largest trade fair organiser until at least 2027 and will use a traffic management system to optimise trade fair traffic.
Since 1993, Kuehne + Nagel has been an official logistics service provider at the exhibition grounds in Hanover. As part of the trade fair forwarding contract that has now been extended, the company will be offering exclusive trade fair services. In addition, Kuehne + Nagel will be providing services on behalf of Deutsche Messe AG directly. The range of services on offer includes setup of a traffic management system to optimise the traffic situation at the exhibition grounds.
This two-step web-supported system is based on the concept of a slot allocation process for delivery vehicles. In the first step, a time window is reserved for each delivery, resulting in a significant reduction in peak traffic. In the second step, the system creates real-time optimisations as soon as any change occurs in daily operations that requires recalculations.
Dr. Hansjörg Rodi, Managing Director of Kuehne + Nagel Germany, said: “We are delighted to have extended our long-standing partnership with Deutsche Messe AG. Expo & Event logistics represents an important business sector for Kuehne + Nagel. In this area, we can combine our expertise in freight forwarding with IT solutions that suit customer requirements. This generates added value for customers – a perfect example of this is our traffic management system for optimising trade fair traffic. It enables much more efficient use of existing resources including a reduction in unproductive waiting times. Ultimately, that also supports to relieve pressure on the public road network”.
Kuehne + Nagel is one of the world's leading providers of logistics services for trade fairs and exhibitions. Every year, Kuehne + Nagel handles around 130 trade fairs in Germany alone.
Posted at 20:27 パーマリンク
Maersk and IBM to form joint venture applying blockchain to improve global trade and digitise supply chains [Shipping Line]
A.P. Moller - Maersk (MAERSKb.CO) and IBM (NYSE: IBM) today announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.
The aim of the new company will be to offer a jointly developed global trade digitization platform built on open standards and designed for use by the entire global shipping ecosystem. It will address the need to provide more transparency and simplicity in the movement of goods across borders and trading zones.
The cost and size of the world's trading ecosystems continues to grow in complexity. More than $4 trillion in goods are shipped each year, and more than 80 percent of the goods consumers use daily are carried by the ocean shipping industry. The maximum cost of the required trade documentation to process and administer many of these goods is estimated to reach one-fifth of the actual physical transportation costs. According to The World Economic Forum, by reducing barriers within the international supply chain, global trade could increase by nearly 15 percent, boosting economies and creating jobs.
The attributes of blockchain technology are ideally suited to large networks of disparate partners. A distributed ledger technology, blockchain establishes a shared, immutable record of all the transactions that take place within a network and then enables permissioned parties access to trusted data in real time. By applying the technology to digitize global trade processes, a new form of command and consent can be introduced into the flow of information, empowering multiple trading partners to collaborate and establishing a single shared view of a transaction without compromising details, privacy or confidentiality.
Maersk, a global leader in container logistics, and IBM, a leading provider of blockchain, supply chain visibility and interoperability solutions for the enterprise, will use blockchain technology to power the new platform, as well as employ other cloud-based open source technologies including artificial intelligence (AI), IoT and analytics, delivered via IBM Services, in order to help companies move and track goods digitally across international borders. Manufacturers, shipping lines, freight forwarders, port and terminal operators and customs authorities can all benefit from these new technologies -and ultimately consumers.
"This new company marks a milestone in our strategic efforts to drive the digitization of global trade. The potential from offering a neutral, open digital platform for safe and easy ways of exchanging information is huge, and all players across the supply chain stand to benefit," said Vincent Clerc, chief commercial officer at Maersk and future chairman of the board of the new joint venture. "By joining our knowledge of trade with IBM's capabilities in blockchain and enterprise technology, we are confident this new company can make a real difference in shaping the future of global trade."
IBM's blockchain platform is enabling hundreds of clients and thousands of developers to build and scale active networks across complex use cases, including cross border payments, supply chains, and digital identification.
"The major advances IBM has made in blockchain have shown that the technology can foster new business models and play an important role in how the world works by building smarter businesses," said Bridget van Kralingen, senior vice president, IBM Global Industries, Solutions and Blockchain. "Our joint venture with Maersk means we can now speed adoption of this exciting technology with the millions of organizations who play vital roles in one of the most complex and important networks in the world, the global supply chain. We believe blockchain will now emerge in this market as the leading way companies seize new untapped economic opportunities."
IBM and Maersk began a collaboration in June 2016 to build new blockchain- and cloud-based technologies. Since then, multiple parties have piloted the platform including DuPont, Dow Chemical, Tetra Pak, Port Houston, Rotterdam Port Community System Portbase, the Customs Administration of the Netherlands, U.S. Customs and Border Protection.
The joint venture will now enable IBM and Maersk to commercialize and scale their solutions to a broader group of global corporations, many of whom have already expressed interest in the capabilities and are exploring ways to use the new platform, including: General Motors and Procter and Gamble to streamline the complex supply chains they operate; and freight forwarder and logistic company, Agility Logistics, to provide improved customer services including customs clearance brokerage.
Additional customs and government authorities, including Singapore Customs and Peruvian Customs, will explore collaborating with the platform to facilitate trade flows and enhance supply chain security. The global terminal operators APM Terminals and PSA International will use the platform to enrich port collaboration and improve terminal planning. With support from Guangdong Inspection and Quarantine Bureau by connecting to its Global Quality Traceability System for import and export goods, the platform can also link users to important trade corridors in and out of China.
To address the specific needs of the industry, Maersk and IBM are establishing an advisory board of industry experts to help further shape the platform and services, provide guidance and feedback on important industry factors, and drive open standards.
Maersk and IBM have named Michael J. White, former president of Maersk Line in North America, as CEO of the new company. He commented, "Today, a vast amount of resources are wasted due to inefficient and error-prone manual processes. The pilots confirmed our expectations that, across the industry, there is considerable demand for efficiency gains and opportunities coming from streamlining and standardizing information flows using digital solutions. Our ambition is to apply these learnings to establish a fully open platform whereby all players in the global supply chain can participate and extract significant value. We look forward to further expanding our ecosystem of partners as we progress toward a global solution."
The new company initially plans to commercialize two core capabilities aimed at digitizing the global supply chain from end-to-end:
A shipping information pipeline will provide end-to-end supply chain visibility to enable all actors involved in managing a supply chain to securely and seamlessly exchange information about shipment events in real time.
Paperless Trade will digitize and automate paperwork filings by enabling end-users to securely submit, validate and approve documents across organizational boundaries, ultimately helping to reduce the time and cost for clearance and cargo movement. Blockchain-based smart contracts ensure all required approvals are in place, helping speed up approvals and reducing mistakes.
Upon regulatory clearance, solutions from the joint venture are expected to become available within six months.
The new company will be headquartered in the New York metropolitan area.
The platform is built on IBM Blockchain technology, which is provided through the IBM Cloud and powered by Hyperledger Fabric 1.0, a blockchain framework and one of the Hyperledger projects hosted by the Linux Foundation.
Posted at 21:25 パーマリンク
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