Founded in 19771, Hanjin Shipping Company is the world’s seventh-largest container shipping company2. Throughout the years, they have operated about 141 ships, 97 for containers, and 44 bulk carriers. The Korean shipping company has made recent headlines when they announced that they were filing for bankruptcy. The ripple effects of the announcement were drastic. It… Read More
What Are Incoterms Global shipping and trade can present language barrier challenges in contracts and terminology. In 1936, the International Chamber of Commerce (ICC) developed Incoterms, an established and internationally accepted set of rules in contracts for the sale and shipping of goods across the world1. Incoterms designate who is responsible for paying for each… Read More
Guest Post: Shubh Mann, VP of Sales Urbanization, the shift of populations from rural areas to cities, has been growing around the world. It is expected that the urban population of the world will nearly double between 2007 and 2050, leading to roughly an additional three billion people living in cities1. Most of these shifts… Read More
As consumers worldwide become more health conscious, demand for fresh produce continues to grow. The cold chain helps distribute produce around the world as it helps control temperature through the transportation and storage processes. With a short shelf life, temperature control helps preserve the quality of the produce, and with the right cold chain processes… Read More
The International Maritime Organization (IMO) has recently announced that it is amending the Safety Life at Sea (SOLAS). For shippers with global logistics as part of their supply chain, they will be required to present a signed cargo weight verification to ocean carriers prior to them being loaded onto the ships starting on July 1st1…. Read More
