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  • What Are ISPS Charges?
    Whether you are an existing importer, exporter, trader or a novice in the shipping and trading business, you need to know the secret to understanding sea freight rates before you enter into the business.
Xeneta.com
Xeneta.com
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  • The Panama Canal – Was the Expansion Worthwhile?
    It’s now a full year since Panama opened the upgraded Panama Canal. Clearly the expansion was necessary; Panamax ships were obsolete by some four generations of vessel sizes, and the quickly-upgraded Suez Canal was suddenly the only route for the low-cost larger-TEU into the important North American East Coast market. But as box ship capacity boomed during the decade-long, delay-plague...
Xeneta.com
Xeneta.com
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  • US Withdrawal From TPP: It's Not the End
      At the G20 Summit in Hamburg trade was a key concern and Trump's trade protectionism sentiment was crystal clear. Not only has the U.S. pulled out of the Asia-Pacific Trans-Pacific Partnership (TPP) trade deal that included several G20 members, Trump is considering raising tariffs on steel and other goods, which naturally has raised concerns in Europe and Canada. Nonetheless, the TP...
Xeneta.com
Xeneta.com
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  • [Get Webinar] Quarterly Ocean Freight Shipping Rates Review
    Earlier this week Patrik Berglund, Xeneta CEO and Co-founder presented our quarterly ocean freight rates in a LIVE webinar. He did an analysis of the main trade routes Asia - Europe (in/out) as well as the trans-Pacific where he shed light on how container rates in Q2 2017  have fluctuated. In addition, he did a 12-month analysis of historical rates for the spot and long-term market an...
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Xeneta.com
Xeneta.com
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  • How is Global Shipping Adapting to the Rising Tide of Protectionism?
    While protectionism in trade may bode well for trade itself, does this protectionism affect or threaten global shipping? We asked our social media community “Do you believe global shipping is threatened by the rising protectionist sentiment?” Here are the results and analysis of protectionism. 
Xeneta.com
Xeneta.com
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  • How To Excel In Your Freight Rate Negotiation
     Getting a grip on the art of negotiating your ocean shipping rates is an important part of your job and the company’s bottom line.  Whichever forms these negotiations take - either as a direct negotiation, an RFQ or an indirect negotiation - here are some tactics that will help you excel in your freight rate negotiation. 
Xeneta.com
Xeneta.com
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  • What's a "Good" Ocean Freight Rate?
    Asking what is a good ocean freight rate may seem a no-brainer if you’re a shipper. It’s all about the lowest rate. Right? But what if you ask the same question to a carrier? It’s doubtful they’ll respond the same.
Xeneta.com
Xeneta.com
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Xeneta.com
Xeneta.com
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  • How Freight Audit Software Can Help Companies
    The buzz today is all about controlling ocean freight costs. Profit margins are under pressure, so it's important to know if your carrier is invoicing at the contracted rates, or if fuel surcharges are appearing mysteriously on their invoices to you. You may also want to make sure that LTL shipments are not combined in order to give you FCL rates. Checking the transit times is equally ...
Xeneta.com
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  • What Helps Ocean Freight Rates; Alliances or Economics?
    Similar to airline alliances, box ship alliances are meant to cover the maximum amount of ports with a minimum amount of ships. The theory is correct; this is how the carriers offer 1-stop shopping to their clients. Be it Abidjan, Antanarivo, or Aarhus, a shipper can call his box carrier salesman and get cargo moved economically and quickly to-or-from virtually any place in the world.
Xeneta.com
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  • What Is the Difference between a NVOCC and a Freight Forwarder?
    NVOCC and Freight Forwarders are considered as OTI Freight Forwarder provides expert advice and consultancy services NVOCC provides carrier service under their own bill of lading A NVOCC and Freight Forwarder are often considered to be the same by many people. This may have been influenced by the  FMC’s consideration of both NVOCC and Freight forwarder as an  Ocean Transpor...
Xeneta.com
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  • Territorial Disputes In The South China Sea: What You Need To Know
      Political tensions remain strain as China mounts pressure on the global community to accept its claim to the South China Sea. Despite an international tribunal ruling against its territorial claims, China maintains its claim and in turn, regional tensions are swirling.
Xeneta.com
Xeneta.com
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  • How to Select The Right Supplier as a Shipper
    One of the most important decisions a shipper makes is identifying its suppliers. However, despite all the efforts and the long list of requirements needed to find the ‘right supplier’, ultimately, the decision is often based only on price. Although it’s universally known that having a strong supplier relationship will result in higher levels of efficiency, it alone will not seal the d...
Xeneta.com
Xeneta.com
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Xeneta.com
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  • Changing Shipping Supplier: What Makes A Shipper Switch?
    With the right partner, a shipper and carrier/freight forwarder can sweep aside the competition, allowing for incredible growth for both parties. However, the changing environment may have a profound impact on supplier relationships. What might have started as a good arrangement in the beginning, may not always withstand the test of time.
Xeneta.com
Xeneta.com
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  • How Beneficial Are Ocean Freight Industry Mergers?
    If you look beyond the recent ocean freight mergers, it's a “black hole” for those of us who work daily with shipping rates and optimization of supply chain strategies. The ocean freight industry still appears to be reacting, for the most part. The ramifications of massive ocean freight industry changes—where major carrier lines either merged with other companies, entered into VSAs or ...
Xeneta.com
Xeneta.com
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  • Maersk Loss Short-lived: Higher Q2 Container Rates
      After last week’s release of Maersk’s earnings, Chief Executive Soren Skou added a few comments of explanation to the reported Q1 2017 losses. Container rates improved in the first quarter, he said, and continued to improve in April. Much of the rate improvement came on their East-West routes, with North-South finally beginning to recover.
Xeneta.com
Xeneta.com
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Xeneta.com
Xeneta.com
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  • The Anatomy of the Sea Freight Invoice
    A freight invoice is a crucial document in the shipping supply chain. It needs a great deal of attention from the shipper or NVOCC or Freight Forwarder. To make it easier to learn for those new to the industry or as a refresher for old-timers, below are some tips on how to best understand the invoice and an infographic for quick reference. 
Xeneta.com
Xeneta.com
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New blog articles detected.

  • Carrier Suffering Continues: Yang Ming Line
    Yang Ming is struggling. Despite losing 2x in 2016 what they lost in 2015, since January of this year, they’ve been reassuring both customers and investors they were solid. They said that the Taiwanese government would invest $ 1.9 billion, with an additional $ 54 million from six private investors. Drastic salary cuts were imposed from the senior management to line manager levels, and...
Xeneta.com
Xeneta.com
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New blog articles detected.

  • How to Lower Your Ocean Freight Costs
      Freight forwarders and shippers/BCOs are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins The cheapest quote may not always provide overall cost savings Ocean freight costs doesn’t only relate to sea freight costs Bottoming out in 2016, ocean container freight rates have improved and on a clear rise. This is...
Xeneta.com
Xeneta.com
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  • Xeneta Data : Asia- Europe Eastbound Rates 17% Higher than Westbound Container Shipping Rates
    Since mid March 2017, the industry has been perplexed by the high rates and tight capacity on the Europe-Asia route. We have been monitoring the situation in our shipping rates index and have also received numerous feedback from our customers on the unusual high-rates challenge on this route. We do expect this peak in eastbound rates to begin to drop in the very near future. However, m...
Xeneta.com
Xeneta.com
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New blog articles detected.

  • [Get Webinar] Apr '17 | Ocean Freight Shipping Prices Review
    With contract negotiations now on their way or coming to a conclusion for Asia-Europe and negotiations for North American companies soon beginning, recent headlines have made it clear that the market is still unpredictable for a number of reasons. It should come as no surprise that the megas entering the market, the new alliances which have already started and the avalanche of empty ...
Xeneta.com
Xeneta.com
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New blog articles detected.

  • How MOL Shows Strength as Part of "3J " Merger
    Nippon Yusen Kaisha (NYK), Mitsui OSK Lines (MOL) and K Line have just completed the first step in the approval of their acquisition. When finally fully approved, the new joint venture would operate the world’s sixth largest container fleet, with about 7% of global capacity.  MOL is preparing for organizational restructuring and ultra-large vessel deployment as it paves the way for the...

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