Contracts in volatile markets – Ocean freight procurement in 2013

admin Blog, Procurement 0 Comments

Since the start of the recession the ocean freight market has become increasingly volatile. Slowing demand from shippers and increasing supply in space due to new vessels in the market have led to very low rates. Counteractive measures by carriers have included reducing space as well as pushing for General Rate Increases (GRI’s) to limit their losses. Another round of GRI’s …

Systemic risks in global supply chain: Suez Canal

admin Blog, Supply Chain 0 Comments

In the globalised economy we have come to take the long supply chain from the Far East to Europe for granted. Considerations such as lead times and quality assurance dominate decisions over Far East sourcing. However, such a long supply chain is inherently vulnerable. When making such a major decision, it is critical that buyers understand systemic risks which could cause catastrophic …

Deutsche Post World Net

admin Press Releases 0 Comments

December 2005 Deutsche Post World Net today completed the acquisition of U.K. logistics company Exel plc, becoming the global No. 1 in air freight, ocean freight and contract logistics. Just one month after Exel’s shareholders welcomed the offer, the company’s equity capital was transferred in its entirety to Deutsche Post World Net. The combination of the two companies creates a …