The Coop has teamed up with CIFFA and Container xChange to offer 2 different level logistics courses and a Masterclass on SOC containers
The Cooperative Logistics Network has teamed up with esteemed organizations like CIFFA and Container xChange to provide online freight forwarding certificate courses for the members and their employees. Training will provide the much-needed training required to keep pace with the demands of logistical operations in 2022. The courses will allow the agents to learn and execute complex supply chain processes. Additionally, it will help them enhance their knowledge of the workings of this sector to prepare for effectively dealing with the industry challenges.
The Cooperative Logistics Network’s freight forwarding courses
To this end, The Cooperative has joined forces with The Canadian International Freight Forwarders Association (CIFFA). They are an organization with over 6 decades of experience in education. They are also a certified training provider for IATA, FIATA, and ICAO. Additionally, The Coop has partnered with Container xChange, a neutral platform connecting hundreds of logistics companies. They offer an array of online educational course materials to help freight forwarders get a better knowledge of container leasing.
The Cooperative members can go for two levels of freight forwarding courses provided by CIFFA. The first course is on the topic of International Transportation and Trade. It is ideal for people who want to get a deeper understanding of the basics of global freight forwarding. It includes topics like risk management, quotations, Incoterms rules, freight costs, etc. Registration for this course is open till 30th March 2022.
The second course is called the Essentials of Freight Forwarding. It focuses on topics like packaging, documentation, cargo insurance, regulatory compliance, dangerous cargo, alternative transport solutions, and more. Enrollment for this course will be open from 14th June to 14th September 2022.
Additionally, The Coop members registering for one or more of the above-mentioned courses will get free access to the SOC Container Masterclass provided by Container xChange. This masterclass is an exhaustive training regarding the handling of Shipper Owned Containers. The course seeks to make the process of owning and transporting container equipment easier for freight forwarders.
Moreover, the Coop’s career enhancement programmes are not just suitable for professional forwarders and logistics managers. They will help experienced forwarders to stay updated with the latest industry trends. Most importantly, the courses would also help the newcomers in this sector to get a better understanding of this industry. Lastly, these courses can be completed at the students’ suitable pace. CIFFA will provide the participants with interactive classes, audio, video lessons, and a downloadable e-book.
To quote Antonio Torres, the President and Founder of the Cooperative Logistics Network, “We believe in fostering the development of the essential skills for our members in every possible way. Moreover, the logistics industry is currently facing a shortage of skilled and trained workforce globally. For this reason, we are partnering with esteemed organizations such as the CIFFA and Container xChange. This will enable us to provide our members with the much-needed training to keep pace with the demands of logistical operations in 2022.”
Andrea Martin, The Coop’s FreightViewer Coordinator, will be speaking in one of the Roundtable Panel Discussions during the event
The Cooperative Logistics Network has partnered with Logistics Business Show– an international virtual exhibition cum conference for the logistics and materials handling industry. The Logistics Business Show will take place from 15th to 17th of March. This event offers a collaborative platform for supply chain professionals. The Logistics Business Show takes place twice a year in March and October. Over 5000 industry professionals will be attending the March and October events.
Logistics Business Show 2022
Andrea Martin, The Coop’s FreightViewer Coordinator, will be speaking at the Roundtable titled ‘Road Transport Challenges’. The Panel Discussion will be broadcasted live at their show on Tuesday 15th March at 10.00 am UK/11.00 am CET. Other topics for the Roundtable include- Software for Real-Time Visibility, Automation Systems in the Distribution Centre, Robotics Affordability & AI, Delivery WISMO & Inventory Management, Warehouse Worker Health & Safety, Track & Trace: Rugged Mobile, Sustainable Supply Chains, Forklift Innovation & Components.
Registering for the event will allow the participants to network with several renowned supply chain decision-makers. Additionally, the attendees can watch the conference and meet the panelists and exhibitors via live video calls and chats. They will also get to purchase products and solutions and ask questions to the panelist speakers. Most importantly, attending the event will enable the participants to enhance their networking and get an idea about the opinions and suggestions of industry experts and conference speakers.
The Coop members can register for this event by clicking on this link.
The project involved the collection of the gas tanks from China and reexporting the same to Costa Rica by land transportation
Consolidacion Integrada, a Coop member in Guatemala City, Guatemala, has recently moved a project cargo consisting of eight cryogenic gas tanks. They were in charge of land transportation of the cargo from Guatemala to Costa Rica. For this shipment, they worked for a distinguished client- Ingasa, a highly reputed supplier of industrial gases and safety products in Guatemala.
They received the eight gas tanks from China which they stored in a bonded warehouses facility. Then they reexported this cargo from Guatemala to Costa Rica. They loaded the tanks onto the transportation platforms and secured the cargo with lashing chains and tensioners. Additionally, they used cranes with 80 tons capacity to load the cargo.
Consolidacion Integrada’s project cargo shipment
As stated by Mr. Javier Giraldo, Manager of Consolidacion Integrada, “Moving a project cargo of this size surely entails plenty of complexities and challenges. We had a limited loading area for the crane to work and our team had to be very careful during the loading process. However, we handled this part of the job very professionally. Thankfully, we didn’t face any problem during the land transportation to Costa Rica and the tanks were handed over to the consignee safely.”
Congratulations to Consolidacion Integrada wishing them good luck in their future endeavours!
They have established themselves as a leading provider of logistics solutions and are now working on a vast project consisting of a network of highways and railways across Pakistan
Infinity Shipping Services, a Coop member in Karachi, Pakistan, completes 15 years in the industry. As a company specializing in handling breakbulk cargo and heavy machinery, they obtained several projects that allowed them to achieve their targets in the last two years. Some of these projects consisted of handling breakbulk vessels, minerals and iron ore for export from Pakistan to China.
New projects of Infinity Shipping Services
To quote Mr. Faizan Sattar, the CEO of Infinity Shipping, “I am proud to announce that our business has been growing by the day. Moreover, even during the pandemic, we not only met our targets but even surpassed our forecast targets. This is largely due to our close relationship with carriers and airlines that has enabled us to offer the best rates and find space even in the busiest season.”
15th Anniversary of Infinity Shipping Services
Infinity Shipping is presently handling project cargoes for the building of a vast network of highways and railways across Pakistan. The $62 billion China-Pakistan Economic Corridor is a collection of infrastructural projects across the country. For this project, they are mostly moving items like poles and street lights.
“Recently two sea ports are operating in Pakistan- Karachi Port and Port Qasim. We are one of the few forwarders in Pakistan with a shipping license for the above two ports. Moreover, we also have the license to operate in the newly established Gwadar port in Balochistan. The Gwadar port will be responsible for all vessels required in the movement of CPEC logistics to/from worldwide.
Congratulations to Infinity Shipping Services and wishing them all the best for their future projects!
Since their inception in 1996, they have made substantial investments to enhance their services, and deliver seamless transportation solutions to their clients
Delpa Group, a Coop member in Santiago, Chile, has recently celebrated their 25th anniversary. They started as a freight forwarder in 1996. Soon they began the expansion of their services in Latin America, and became the first company to establish weekly land transport services from Brazil and Argentina to Chile.
To quote Daniel Urra, the President of Delpa Group, “We celebrated our anniversary by changing our corporate image. We want all our clients and the world to know that we are celebrating and that we continue to move forward as a company. In the last 25 years, we have come up as one of the best land cargo transportation companies in Latin America. Moreover, another great milestone has been the incorporation of new technologies to automate our work processes.”
Delpa Group’s 25th Anniversary
For 25 years, they have worked with a strategic plan which they have been able to achieve progressively and successfully. Delpa Group presently has offices in 11 countries in addition to their branch offices in Chile. After working with several large national and multinational brands, they understood the importance of digitizing their operations. They have created their own CRM and constantly invest in state-of-the-art technologies that improve the productivity of their logistics processes.
“The scenario of the world economy has changed and we have had to adapt to the paradigm shift of how users buy. Additionally, we need to be updated with the new technologies that have been developed, with the time that we must spend in the dispatch of merchandise, and lastly with the logistics communication process to fulfill the expectations of all our customers,” adds Mr. Urra.
Congratulations to Delpa Group on their 25th Anniversary and all the best for the future!
This international certification will greatly boost the reputation and prestige of the company and lead to increased industry recognition
Ilogs Corporate SAS, a Coop member in Bogota, Colombia, gets the IATA accreditation. This much-coveted accreditation enhances the prestige of logistics companies and helps them obtain greater industry recognition. The achievement of Ilogs Corporate is all the more praiseworthy because the requirements for this accreditation have become a little more demanding in the face of COVID.
Ilogs Corporate becomes IATA certified agent
Moreover, obtaining this accreditation by freight forwarders in Colombia has become difficult and requires several guarantees. Thanks to the experience and expertise of Ilogs, they were quite vigilant in complying with each and every one of the requirements. To quote Ms. Martha Mora, the Founder of Ilogs Corporate, “We are delighted to have become an IATA accredited Cargo Agent. Furthermore, this accreditation will secure our position as one of the best air freight forwarders in Bogota.”
The international airlines give free rein to agents who strive to obtain this important accreditation. Ms. Mora further adds, “The IATA accreditation has opened up an important opportunity for Ilogs in terms of enhanced service. Additionally, our expertise in the field of air cargo will make us the chosen forwarder of our customers and network partners from all over the world. Lastly, I would like to take this opportunity to thank my teammates for their dedication and effort which were the most important factors responsible for the success of our company!”
Congratulations to Ilogs Corporate and wishing them the very best for their upcoming projects!
The Proud Korean Character Awards, the International Peace Contribution Awards and the World Luxury Brand Awards collectively took place at Yonsei Alumni Center on 12th Nov 2021
Shine Logistics Co Ltd, a Coop member in Seoul, South Korea, has garnered the Economic Development Contribution Awards. This award is a part of the 2021 Proud Korean Character Awards. In fact, the three award ceremonies of Proud Korean Person Awards, the International Peace Contribution Awards, and the World Luxury Brand Awards were held together at Yonsei University Alumni Hall on 12th November.
In the words of Mr. Chan-Bin Im, President of Shine Logistics, “Marking its ninth anniversary this year, the ‘Proud Korean Character Awards’ is an event that discovers and awards people who contribute to the development of the country and society with a sense of responsibility and mission in each field. Moreover, the fact that we are the proud recipient of this award goes on to prove our credibility and expertise in this sector.”
Shine Logistics wins the Economic Development Contribution Awards
In addition, the “World Luxury Brand Awards” and the “International Peace Contribution Awards” are events that award people who have managed and developed products and services. Therefore, they have contributed to the development of the national economy. Meanwhile, to quote the organizing committee of these awards, “We aim to respect people who have been actively doing their job throughout society. This includes politicians, social group heads, celebrities, athletes, artists, organizations, associations, media, and companies.”
“Above all, this award helped us firmly secure our position as one of the top players in the logistics sector. Lastly, I would like to thank all my colleagues, partners and, most importantly, our clients. They have definitely contributed to the success of our organization,” adds Mr. Im.
Congratulations to Shine Logistics and all the best for their future endeavors!
The change in name was the result of a merger and from now they will be operating as a group company
Seven Borders Lojistik Dis Ticaret Limited Sirketi, a Coop member in Bursa, Turkey, has changed the name of their company to Giritli Taşımacılık A.Ş. They have change the name of their organization following a merger with Giritli Global.
Seven Borders Lokistik- freight forwarder in Bursa
To quote Mr. Goksel Giritlioglu the Managing Partner of Seven Borders, “From now onward, we will operate under the umbrella of Giritli Global. We are hoping that this merger will allow us to offer enhanced service to our clients in the coming days. Moreover, the union of the workforce of two pioneering logistics companies will lead to faster, safer, and cost-effective transportation services in every country of the world.”
Their company which started its journey in 1999 are leaders in the maritime logistics sector. “We want to further increase our credibility by including it in our group company. We know that this will affect us positively and we have received good feedback so far,” adds Mr. Giritlioglu.
The Coop wishes the very best to Seven Borders Lojistik for all their future endeavours!
The staggering profits for sea freight forwarders have surpassed the combined industry profits made over the whole decade and the shipping trends in 2021 have shown us that the shippers are ready to pay a higher price for their cargo
As we approach 2022, the time is now to look back at the international container shipping trends in the last year. Here is a special report about the Container Index Availability (CAx) at all the major global ports, compiled by our partner Container xChange– the leading marketplace for container trading and leasing. According to Johannes Schlingmeier, the Container xChange Co-founder, “Over the last two quarters, the industry has faced skyrocketing container prices. However, these increases first leveled off and have now started gradually decreasing. It seems, what we’re seeing now, is a turning point.”
40 HC average container prices
A guide to container prices around the world
All the important ports in China, the US, the UK, and Germany are showing a decline in container prices between August to November. In the last 3 months, the price of containers in the US has gone down by almost 15%. The Port of Qingdao has registered the sharpest fall in container prices from September to November 2021. Here the average price of 40 HC containers has been reduced by 23% coming down to around $1756. In the Ningbo Port, a 40 HC container cost $959 less in November compared to the price in September.
Average One-way Leasing Pickup Charges
What is Container Availability Index?
Container Availability Index or CAx is an index (or tool) that permits interested parties to oversee the container availability in certain ports through the import and export moves of full containers. A CAx value of 0.5 indicates that the number of containers that left and entered the port in one week is the same. CAx value greater than 0.5 indicates more containers have entered the port. On the other hand, CAx values lesser than 0.5 mean that more containers have left the port. The data from millions of containers are tracked to come up with the CAx value. Container xChange has collected this data from shipping lines, terminals and depots.
The high CAx value in major ports due to inbound containers
This report by Container xChange took into account 83 important ports around the world. Nevertheless, only 9 of these 83 ports, have CAx values lower than 0.50. In 74 out of these 83 ports, the CAx values were higher than 0.50. Last year, 61 ports had CAx values lower than 0.50 while before the pandemic only 34 ports had CAx values lower than 0.50. This clearly shows how the pandemic has disrupted the regular port operations. Usually, the year-end is the time when there’s a surge of containers in the UK and USA while the Asian ports record a lesser container volume. However, this year, only a few ports in China have a low CAx value while the rest of the ports have higher CAx values. This indicates that containers around the globe are either delayed or stranded.
Trading and leasing rates
A look at the regional trends in container shipping
Container availability in the US
Last year the CAx values at the Port of Los Angeles went down from 0.85 to 0.34 in the first to last week of November. In 2021 this value has dropped from 0.88 to 0.87 at the same time of the year.
The CAx values at the Port of Savannah were high all through this year ranging between 0.90 and 0.96. This suggests tremendous port congestion and container load of inbound shipments.
At the Port of Long Beach the CAx values ranged between 0.86 to 0.89 in the last week of July and in November, this value is at 0.86. Even though we noted a drop in these values last year, the predictions are not showing signs of revival this year due to the current situation of the gridlock.
The CAx values at the Port of Houston, Texas, in 2020 was half of this year. In November, the CAx at Houston Port was 0.89 while in 2020 it was 0.48. Undoubtedly, the port witnessed an increased burden of inbound containers all through 2021 as compared to 2020 and 2019.
Container shipping trends in China
A fall in container prices
The average one-way pickup rates of containers from China to Germany and the UK have gone down between September to November. This rate will fall further in the future. The average leasing rate from China to the US has dropped by 25% between August to September. Nevertheless, this rate has gone up in October and November.
We can see a drop in the prices of 40 HC containers across 14 ports in China. Furthermore, a similar trend can be seen for 20 DC containers. The average cost of containers reached an all-time high in September. After that, the price fell steadily till the end of November. In Shanghai, the price of 40 ft HCs fell by 21% from $6,686 in September to $5,746 in the first week of December. In the Port of Yantian, this fall in price was around 12%, around 7% in Shenzhen, 12% in Tianjin, 7% in Dalian, and 23% in Qingdao.
The ratio of inbound containers in China is highest since 2019
Last year in November the CAx values in Shanghai Port hit an all-time low of 0.05. This year, the CAx values went down to 0.50. This indicates that the number of containers coming and leaving the docks is the same. Yantian Port has an average CAx value of 0.27. This shows that the number of outbound boxes is more than the previous year but still has not reached the pre-pandemic level.
CAx values at the Ports of Dalian and Tianjin
In November, the container availability index in Tianjin was higher than that of Qingdao and Ningbo Ports. By the end of November, the CAx values stood at 0.71 while in 2020 it was 0.16. In 2019 this value was 0.39. Therefore, we can see the presence of more inbound containers at both these ports. In the Port of Dalian, the average CAx values were 0.49 last month. This value is 4 times greater than the value in November 2020.
CAx values in Tianjin and Shanghai are higher than in Qingdao and Ningbo
We can see an increase in the CAx value at the Port of Ningbo which is slowly going back to the pre-pandemic levels. Last year this port witnessed a substantial decrease in CAx values. This year the drop in the CAx value is considerably less. We can safely conclude that in November 2020 the volume of inbound containers was lesser than that of outbound containers. This year, however, the number of outbound containers was not greater than the inbound ones.
Container shipping trends in India
In Chennai, the price of 40ft HCs went down from $5550 in August to $5323 on the 1st of December. In Nhava Sheva Port, the price for 40ft HCs fell from $5044 in October to $4875 in December’s first week. The cost for the same in 2019 was around $1000 for 20 DC and $2000 for 40 DC. The Port of Chennai also went through a 17% jump in average prices of 20 DC containers. The average container cost in the Nhava Sheva Port went up from $2292 in October to $2320 in November.
The CAx is probably not going to rise in 2022
CAx values at the Nhava Sheva Port were around 0.78 in the end of October. In the last two years, this value was lower demonstrating a downward trend till the year ending. This implies a larger number of outbound containers at the Nhava Sheva during close of the year. Nevertheless, the trend isn’t similar in 2021. The numbers indicate a fall in the number of exports. Additionally, containers have also piled up at the ports while the number of inbound containers is getting higher.
The container availability index at Mundra Port was five times greater compared to the previous year. In addition, it is around 3 times higher than the pre-pandemic level. This trend has been consistent all around the year. At the Port of Chennai, the CAx values in November are twice that of the previous year. The pre-pandemic trend in the Chennai Port was low CAx values because of the large number of exports. The year 2021 has indicated a contrary trend of high CAx values till the end of the year.
The situation at the Ports in Europe
High CAx Values at the European Ports with heavy inbound containers
In November, we have seen a 5 times growth of CAx values at the Port of Antwerp as compared to 2020. This shows that a large number of containers are docked. The CAx values at the Port of Valencia are six times greater than in 2020. In the Port of Barcelona, the CAx value is also double that of the previous year. The CAx at the Port of Sines was 0.09 last year, while this year it is 0.85. This is a great increase. The CAx values at the Port of Hamburg are three times greater than last year. The average CAx values at the Port of Felixstowe were 0.65 in the last 3 years. However, this year in November this value stands at 0.89.
All the European Ports have higher CAx values than the last two years. Furthermore, we can also notice a consistent increase in the number of inbound containers at the European ports.
The Coop’s 2nd Virtual Meeting that enabled the members to do remote networking registered a record attendance
Leading supply chain websites covered the news of the success of The Cooperative Logistics Network’s 2nd Virtual Meeting. Over 140 Coop members came online on 15th and 16th November to participate in The Coop’s 2nd Virtual Meeting. Furthermore, the 5000 one-to-one videoconferences hosted during the meeting allowed the members to get new project opportunities. Members also got to promote their companies, and expand their international presence. Three leading logistics webzines -Newscouple, AJOT, and Logistics Business have published the news of Cooperative Logistics’s Network’s 2nd Cloud Conference.
The coverage of The Coop’s 2nd Virtual Meeting
Newscouple is a news website with all the latest news from the fields of logistics, e-commerce, business, commodity, and entrepreneurs. It features industry analysis from expert and celebrity columnists to provide the readers with unique insight into several international business related topics.
AJOT or the American Journal of Transportation is a web portal dedicated to the logistics industry. Moreover, this website features the latest and most pertinent news and reports from the international freight forwarding industry.
Logistics Business is a UK based supply chain magazine with an extensive reader base. Additionally, it covers news on topics such as transport and distribution, warehousing, packaging, green logistics, and the use of IT in transportation and logistics.
The news covered in the above web portals talks about the successful outcome of the meeting and how it helped the members to increase the number of collaborative projects. Moreover, it also mentions the FreightViewer workshops held in the course of the cloud conference.
To find out more about their coverage of our Virtual Meeting just click on the above links.
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