The Triple-E is the world's largest ship. It is called the Triple-E because of it's 3 purposes: Economy of Scale, Energy Efficiency, and Environmentally improved. Maersk ordered an additional 10 of the Triple-E vessels to be built, the first 2 are under construction in DSME shipyard in Okpo, Korea. 5 of these vessels will be built by 2nd Half of 2013. Some industry … [Read more...]
China’s Logistical Strength Moves Inland with Manufacturing
China's Logistical Strength Moves Inland with Manufacturing. As China has begun to shift many manufacturing plants inland, the Airports in that Region have seen increases in freight that puts them on a level playing field with Shanghai. If you take into account the freight that moves into Shanghai and delivers to these inland cities as well, you are looking at a large shift … [Read more...]
Unions for Major Industries in India Call for Strike
Unions for Major Industries in India Call for Strike. Due to rising discontent among India's population over economic issues the unions for the major industries, banking and transport included, have decided to go on strike Wednesday February 20th, 2013 and Thursday February 21st, 2013. MUMBAI—Millions of workers from India's banking, transport, manufacturing and other … [Read more...]
Iberia Airline Workers Strike in Madrid
Iberia Airline Workers Strike in Madrid. Starting Monday February 18th, 2013 in Madrid, Spain many workers for Iberia Airlines, which is owned by The International Airlines Group, began a planned week long strike to fight for the jobs that Iberia plans to cut this year. The International Airlines Group has been looking toward these job cuts since November 2012 when … [Read more...]
EU, US Fully Implement Mutual Recognition Decision
Good news for C-TPAT members who are also exporters. The exports by C-TPAT members will receive expedited customs clearnace in the EU. This final phase (implemented on January 31, 2013) allows reciprocal benefits for C-TPAT members when exporting to EU member states and AEO members exporting to the US. The goal of these arrangements is to link the various international … [Read more...]