What does KPI mean in logistics?

There’s a lot to shipping and getting it right for client satisfaction and company profitability. One way to ensure success is to monitor key performance indicators for the shipping industry. A key performance indicator (KPI) is a measure used to track and understand the shipment process and supply chain metrics. KPIs allow the shipping managers

World Maritime News

Middle East container ports most efficient globally in 2021: index Ports in the Middle East were the most efficient in the world in 2021 amid widespread disruption stemming from a pandemic-induced spike in volumes flowing from Asia to North America and Europe, according to the second edition of the

World Maritime News

Chinese measures against COVID-19 impact logistics Cargo flows at China’s largest ports continue to face disruption as a new wave of coronavirus infections across the country poses a threat to the global supply chain. Key port cities, including Shanghai and Ningbo, are facing logistics bottlenecks as China is grappling with its worst spate

China ports move 142 million TEU in H1 2022

China ports move 142 million TEU in H1 2022 Ports across China moved a total of 142.3 million TEU over the first half of 2022, a 3 per cent year-on-year increase. During the same period, the cargo volume of Chinese ports stood at 7580 million tons, a slight decline

How long does it take to build a shipping container?

How long does it take to build a container? The short answer is: The time is insignificant, a matter of hours including the automated process of putting the steel walls together and drying the paint. Containers are built at highly efficient and highly automated factories, virtually all of which

ICC Incoterms: The mightiness of three capital letters

Who would have guessed that a collection of three-letter acronyms would have had such an impact on the development of international (and domestic) commercial transactions? We can thank a group of industrialists, financiers and traders whose determination to bring economic prosperity to a post-World War I era eventually led