CEVA Logistics has won a two year extension for customs brokerage services with Volvo Cars of North America. The company, headquartered in Rockleigh, New Jersey, is the US subsidiary of the Swedish luxury automotive manufacturer. CEVA’s US customs brokerage team had been providing services to Volvo through an initial one year contract, which was subsequently extended. “The decision to extend our contract with CEVA for customs brokerage services was straightforward, based upon the outstanding … [Read more...] about CEVA wins contract extension in US from Volvo
Logistics
SingPost, Alibaba expand e-commerce logistics coop
Singapore Post and Alibaba Group Holding have announced a series of new initiatives for collaboration and growth following the signing of a joint venture agreement. The three initiatives signal the deepening of a business relationship that started last year and a commitment from both parties to increase e-commerce logistics collaboration in the future to build a leading e-commerce logistics platform to service the rapidly growing e-commerce businesses across Asia Pacific and beyond. Lim Ho … [Read more...] about SingPost, Alibaba expand e-commerce logistics coop
TIACA welcomes WCO’s adoption of SAFE updates
The Air Cargo Association (TIACA) has welcomed the World Customs Organisation (WCO) Council’s adoption of important updates to its SAFE Framework of Standards to Secure and Facilitate Global Trade. As part of the changes, the WCO recently formally adopted the so–called ‘7 + 1’ data set as the requirement for risk data analysis, helping to standardise basic Pre-Loading Advance Cargo Information (PLACI) processes. “This is a major step forward for … [Read more...] about TIACA welcomes WCO’s adoption of SAFE updates
TIACA welcomes WCO’s adoption of SAFE updates
The Air Cargo Association (TIACA) has welcomed the World Customs Organisation (WCO) Council’s adoption of important updates to its SAFE Framework of Standards to Secure and Facilitate Global Trade. As part of the changes, the WCO recently formally adopted the so–called ‘7 + 1’ data set as the requirement for risk data analysis, helping to standardise basic Pre-Loading Advance Cargo Information (PLACI) processes. “This is a major step forward for … [Read more...] about TIACA welcomes WCO’s adoption of SAFE updates
X2 Networks launches X2 Pay
X2 Group of Professional Logistics Networks, a global network of professional logistics specialists, has announced the debut of the newest addition to its comprehensive platform, X2 Pay. X2 Pay is a unique company-to-company financial transaction system intended specifically to facilitate instantaneous payments between members of the X2 Logistics Networks. This service has just gone live and is exclusively intended for use between the members of X2. X2 Pay will ease the payment process … [Read more...] about X2 Networks launches X2 Pay
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA