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CMA CGM and MSC have announced they will join TradeLens, a blockchain-enabled digital shipping platform jointly developed by A.P. Moller – Maersk and IBM.
With CMA CGM, MSC, Maersk, and other carriers committed to the platform, data for nearly half of the world’s ocean container cargo will be available on TradeLens, says CMA CGM.
The addition of CMA CGM and MSC will provide a significant boost to the TradeLens vision of greater trust, transparency, and collaboration across supply chains to help promote global trade. The companies will promote TradeLens and create complementary services on top of the platform for their customers and partners.
“Digitisation is a cornerstone of the CMA CGM Group’s strategy to provide an end-to-end offer tailored to our customers’ needs. We believe that TradeLens, with its commitment to open standards and open governance, is a key platform to help usher in this digital transformation,” Rajesh Krishnamurthy, Executive Vice President, IT & Transformations, CMA CGM Group said.
“Digital collaboration is a key to the evolution of the container shipping industry. The TradeLens platform has enormous potential to spur the industry to digitize the supply chain and build collaboration around common standards,” André Simha, Chief Digital & Information Officer, MSC said.
TradeLens enables participants to connect, share information and collaborate across the shipping supply chain ecosystem. Members gain a comprehensive view of their data and can digitally collaborate as cargo moves around the world, helping create a transparent, secured, immutable record of transactions.
DHL Group has increased both revenue and operating profit in the first quarter of 2019 compared with the prior-year period.
The company generated revenue of EUR 15.4 billion between January and March, an increase of 4.1 per cent on the previous year.
Operating profit (EBIT) was up 28.1 per cent to EUR 1.2 billion. In particular, the earnings contributions from the DHL divisions were again encouraging – while the surge in earnings was driven by non-recurring income from completing the Supply Chain partnership with S.F. Holding in China initiated at the end of 2018. Previously announced restructuring costs at Supply Chain and in the new eCommerce Solutions division slowed EBIT growth.
“The first quarter played out as we expected. We achieved growth in all five divisions. This shows that we are very well positioned in attractive markets and that our fundamental growth drivers are intact. E-commerce continues to boom all over the world and although some momentum has been lost, global trade is still on the rise, just as we expected for 2019. We are therefore on track towards our target of generating more than EUR 5 billion in EBIT in the coming year,” Frank Appel, CEO of Deutsche Post DHL Group said.
DHL Express has appointed Alberto Nobis as its new CEO for Europe, paving the way for his return to the Global Management Board of DHL Express.
ALberto was the Global CFO for DHL Express from 2009 to 2012 before relocating to his home country of Italy in 2013. As CEO DHL Express Italy, Alberto Nobis helped to drive the division’s growth in the Italian market. Effective January 1, 2019, he has taken over responsibility for Express Europe from John Pearson, who became the Global CEO of DHL Express.
“For DHL Express, quality and growth are the pillars of our past and future success. Since his move to Italy as Managing Director, Alberto has proven that he is capable focusing on both. His efforts to push the Express Italy business on all fronts have contributed to Italy becoming one of our largest market and one in which we expect continuing high performance. We are looking forward to seeing Alberto use his in-depth expertise to take DHL Express to the next level of its growth Europe-wide in 2019 and beyond,” John Pearson, Global CEO DHL Express said.
Alberto has over 10 years of experience at DHL Express, including several management positions as CFO and CEO for the time-definite shipping provider of the Deutsche Post DHL Group. In his new role, he is responsible for almost 50 countries in Europe with focus on the Region’s performance across the four dimensions that define the strategy: people at the core are motivated to provide great service quality, with a direct positive impact on customers’ loyalty and, finally, on DHL’s network profitability.
“It is both a great honor and an exciting challenge to be appointed CEO for DHLExpress Europe. In this position, I can count on the decade of experience I’ve gained at DHL Express and on the support of our people and network to increase our performance for customers throughout Europe. I am greatly looking forward to working with John to achieve the next level of growth for DHL Express,” Alberto Nobis, CEO Europe at DHL Express said.
The company said that to achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in new innovations and adaption of new technology is required.
Global logistics company DHL has launched a new tool to indicate current and future development of global trade, the Global Trade Barometer.
The Barometer, developed in partnership with professional services company Accenture, uses artificial intelligence (AI) to analyse logistics data to provide a forecast of future trade.
“DHL has both a deep understanding of the driving forces behind global data volumes and the industry expertise to analyse and interpret market data,” said Tim Scharwath, CEO, DHL Global Forwarding – Freight. “The DHL Global Trade Barometer shows impressively how digitalisation – with the use of Big Data and predictive analytics – opens up entirely new opportunities.”
The Barometer examines containerised ocean freight data for import and export of commodities that serve as the basis for further industrial production, for example brand labels for clothing, bumpers for cars and touchscreens for mobile phones. Through AI and other statistical analysis processes, the data is compressed to a single value for global trade, and one each for the seven countries examined, who make up more than 75 per cent of world trade.
Results for January 2018 suggest continued growth in global trade over the next three months.
“The insights from the DHL Global Trade Barometer will help DHL customers to optimise their business processes, for example providing guidance for investment and supply-chain decisions,” the company said in a statement. “DHL itself will leverage the indicator to fine-tune is own resource planning for its international logistics operations.”
The company added that it anticipates the tool will have high significance beyond logistics, due to its suitability for use by banks, associations and economic research institutes.
“In a world characterised by volatility and uncertainty, we are contributing to greater transparency and predictability – for the benefit of our customers, our business and society,” said Scharwath.
The Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have revealed the first keynote speaker for the Global Shippers Forum and ICHCA International Conference 2018 on 10–11 May 2018, to be held at the MEGATRANS2018 trade event at the Melbourne Convention & Exhibition Centre.
Ana Hinojosa, Director – Compliance and Trade Facilitation at the World Customs Organisation (WCO), will present on 10 May.
Hinojosa was elected Director of the World Customs Organisation’s Compliance and Trade Facilitation unit in January 2016, and previously was President of the Executive Women in Government organisation in the US, and Deputy Assistant Commissioner at US Customs and Border Protection.
This is the first time Hinojosa has been in Australia to meet the local customs broker and freight forwarder community. She will be presenting on existing and emerging trade facilitation projects and the future of global customs compliance.
Click here to register for the conference or to find out more.
Early-bird rates are currently available for members of the following organisations:
Australian Peak Shippers Association (APSA)
International Cargo Handling Coordination Association (ICHCA)
Container Transport Alliance of Australia (CTAA)
Australian Cotton Shippers Association (ACSA)
Australian International Movers Association (AIMA)
Australian Horticulture Association (AHEA)
Women’s International Shipping & Trade Association (WISTA)
Freight & Trade Alliance (FTA)
One of the largest and most comprehensive trials of blockchain technology for global supply chains has successfully ended with a new Australian-developed blockchain security architecture from TBSx3 which has the potential to raise global supply chain security to a military grade.
The TBSx3 system uses military-grade 44-alphanumeric-character security cryptography, compared to the six-digit public cryptography which up until now has been commonly used.
The new TBSx3 benchmark was successfully used on an 8,100km global road-and-sea supply chain stretching from the wine-growing Coonawarra region of rural South Australia to the port of Qingdao in north-eastern China, which ended this week.
Partners included DP World Australia, DB Schenker, Hamburg Sud and Australian wine producer IUS, which exports seven product lines into the rapidly growing Chinese wine market.
KPMG advised TBSx3 on the trial and verified the custodial handovers for the integrity of the product on the 8,100km land-and-sea journey. Furthermore, KPMG simulated the customer at the end of the trial by receiving, validating the product and checking if the system could potentially detect duplicates.
Ron Koehler, CEO, DB Schenker Australia and New Zealand, said, “In a globalised world, the safety and security of supply chains for the medicines you buy, the food you eat, the parts that are used for your cars and the planes you fly in cannot be taken for granted.
“Supply chain security affects everyone – consumers, companies, communities.
The Hon. Arthur Sinodinos, Minister for Industry, Innovation and Science, added, “Blockchain is an exciting technology with great potential for Australian businesses and SMEs. It promises to reduce costs, create new market opportunities and transform industries.
“Importantly the technology provides a new opportunity for Australian exporters and their customers to verify the authenticity of their products, protecting the reputations and brands of both Australia and Australian business.”
The successful completion of the trial between Australia and China is the first of a planned series with multiple partners which will “simultaneously test the robustness of TBSx3 blockchain technology for every custodial link in global supply chains and also verification protocols for both bulk product and individual items for retailers and consumers at the end of the chain,” according to TBSx3’s Chairman, Anthony Bertini.
“In terms of the numbers of partners simultaneously involved and the challenges posed for resolution of integration with multiple existing proprietary security systems we believe this can be developed to become a new security benchmark.”
UPS and SF Holding, the parent company of SF Express, have announced plans to establish a joint venture through which the pair will develop and provide international delivery services, initially from China to the US with plans to add other destinations later.
“UPS is excited to form a joint venture with SF,” said Ross McCullough, President of UPS Asia Pacific. “This joint venture will support products that provide competitive benefits to our Chinese customers who trade or seek to trade internationally.
Alan Wong, Group Vice President, SF, added, “China is leading the world in terms of e-commerce market size, growth, penetration and mobile business usage. Coupled with a rapidly growing and internet-savvy consumer base, it’s imperative that SF and UPS collaborate to revolutionize the logistics sector. Together, we aim to bring greater competitive advantages to our customers in China, to succeed globally.”
The joint venture is subject to regulatory approval.