latest or favorite news

Leading Japanese Shipping Line Will Introduce Digital Currency

Leading Japanese Shipping Line Will Introduce Digital Currency-

The Digital Currency Will Launch By The First Quarter Of 2019

People that are familiar with the matter told Bloomberg that the company would be introducing its virtual currency for crew members.The goal is to simplify the process of “Managing”, sending and converting money into the workers’ local currencies. The coin will be tied to the USD to avoid any severe swings in value associated with virtual currencies.
However, according to the news outlet, it’s not clear whether the company’s digital currency will use the blockchain technology or a form of cryptocurrency.
The undisclosed source adds that the shipping giant has been working with banks and software development companies to ensure the digital currency can be converted into local currencies.

U.S. and China 'have much to lose' if trade fight not sorted out, DHL Group says

U.S. and China 'have much to lose' if trade fight not sorted out, DHL Group says -

The trade outlooks for the U.S. and China are positive but slowing as tariffs and other disputes plague the two countries, says DP DHL Group (Xetra: DPW).
As the world’s largest forwarder by volume, the Bonn-based company has good visibility into the world’s freight volumes. And it makes that view the public through its “global trade barometer,” an index of air and ocean freight moving in and out of the world’s largest economies.
Tim Scharwath, chief executive of DHL Global Forwarding and Freight, says the most recent index reading shows, “we are still growing in trade. However, it has slowed down a bit.”

Companies ready to move supply chains from China

Companies ready to move supply chains from China-Forwardernews

A common theme is that they are ready to relocate supply chains if the cost of importing Chinese goods becomes prohibitive.
US President Donald Trump imposed a 10 percent tariff on US$200 billion (S$276 billion) of Chinese imports last month - following an earlier round of tariffs on US$50 billion of goods - and promised to raise the duty to 25 percent in January.
He has also threatened to expand the levy to all products imported from China - an amount that totaled US$531 billion in the 12 months to August inclusive, according to the latest data from the US Department of Commerce.
Here is what companies are telling analysts:

BW LNG Appoints First Female Captain of LNG Carrier

BW LNG Appoints First Female Captain of LNG Carrier-Forwardernews

Captain Pletena began her career as a deck cadet with Bergesen, a Norwegian shipping company, in 2001, from the Latvian Maritime Academy.
“Upon graduation, I returned to Bergesen as the fourth mate and made my way to where I am now. For several years, I had to combine work at sea as a junior officer and studies at the Latvian Maritime Academy on a correspondence course, which was not easy at all,” Ms. Platena said in an interview in the latest edition of BW Group’s World Horizon magazine.

World's longest flight route review: Singapore Airlines SQ22 to New York

Even Richard Quest, host of CNN's Quest means Business show and the best-known aviation correspondent on the planet, will be hosting an online Q & A session from the comfort of business class. The Newark flight is front-page news in Singapore's The Straits Times, and a leading item on most of the news channels.
Why? Because, if successful, SQ22 will re-establish Singapore Airline (SIA) as the holder of commercial aviation's equivalent of the "Blue Ribbon" fought over so fiercely between the great Transatlantic liners before jets made ships such as the Queen Mary obsolete.



The Forwarder News (FN) Portal has colected news, analyze and making information from all Logistics, Supply Chain, Freight forwarding, Maritime, Rail & Train, Truck, Air and Technology news agency in ...



To be recognized as the world's leading and most trusted Supply Chain and Logistics portal, reaching News no matter where they are.



Nam eleifend hendrerit parturient orci lorem ipsum ipsum non eros cursus. The DrupalCon London Team had the task of narrowing 341 fantastic proposals into a schedule of 60 sessions, balanced across 5 ...


Contact Us

► Contact Form