CMA CGM | September 30, 2022
The CMA CGM Group, a global player in sea, land, air and logistics solutions, announced the launch of TEUs to Trees, an early container return incentive program designed to increase climate change mitigation in the United States while assisting in the overall effort to improve both the fluidity and velocity of the supply chain. The program will be in effect from October 1, 2022, to December 30, 2022.
A Group dedicated to reducing carbon emissions and promoting sustainable operations
This new incentive program is an opportunity to reward customers for doing their part to increase equipment availability while also helping them offset their environmental footprint. The carbon credits CMA CGM will purchase on behalf of its customers will notably be used to expand U.S. forestry, support urban resilience projects in vulnerable communities and drive the creation of additional offset projects in the United States. Through this program, the Group also aims to partner with its customers and move forward together towards a more sustainable shipping.
In order to increase impact, CMA CGM has also expanded this new early container return incentive to cover both refrigerated and dry containers as well as every U.S. ocean terminal where CMA CGM receives empty containers. This enables shippers of all sizes and locations to offset carbon emissions and positively contribute to socio-environmental projects in the United States.
A continued effort to improve supply chain velocity in the United States
With a thriving global economy, the shipping industry has experienced an unprecedented spike in demand throughout North America, leading to increased pressure on capacity and ports. Throughout the surge, CMA CGM has leveraged its extensive capabilities that include sea, land, air, and logistics services to provide an array of flexible transport solutions to assist customers.
The company has also increased capacity and made significant investments in equipment. In addition, CMA CGM was the first to freeze spot rates, and in March of this year, the Group dedicated vessel capacity to small and medium enterprises in both Europe and North America at rates typically only provided to high-volume shippers. This newly launched incentive program is the third implemented by CMA CGM to encourage early pickup and return of containers.
An innovative program with positive socio-environmental impact
CMA CGM's new incentive program is projected to result in forest conservation and urban resilience projects in some of the United States' most vulnerable communities.Credits will be provided to CMA CGM customers that return both dry and refrigerated containers originating from nearly 20 Asian countries to CMA CGM-approved return locations in port cities throughout the United States (rail ramps not included). Throughout the program, each applicable importer of record (consignee listed on the Bill of Lading) will receive,
2.5 tons of carbon credits per container returned during calendar days 1–4. To calculate the credit, CMA CGM will utilize EDI transaction data and will not require invoices or additional documentation from customers. A progress report every 30 days. At the end of the program, customers will be issued an official carbon offset certificate for total credits earned. Solutions designed to accelerate the energy transition of shipping and logistics The CMA CGM Group has pledged to be Net Zero Carbon by 2050 and, as a result, has implemented a very focused decarbonization strategy.
USD 1.5 billion Special Fund for Energies: The CMA CGM Group announced earlier this month that it is creating a USD1.5 billion Special Fund for Energies to accelerate its energy transition. The Fund will be structured around four lines of focus: Supporting the development and production of renewable fuels; Accelerating the decarbonization of port terminals, warehouses, and truck fleets; Supporting, testing and launching projects at the cutting edge of innovation; and pursuing energy savings and improving the energy efficiency of CMA CGM employee working methods and daily mobility.
E-methane Ready Fleet: In 2017, CMA CGM was the first to invest in dual-fuel vessels that currently run on Liquefied Natural Gas (LNG). The engines installed on these vessels are already compatible with biomethane and e-methane. Currently the Group has 31 "e-methane ready" vessels in service and will have a total of 77 by 2026.
Alternative Energy Investments: The Group is investing in a variety of projects designed to accelerate the development of new energies. CMA CGM recently joined the Jupiter 1000 Project, which aims to produce e-methane using green hydrogen generated from sustainable electricity and CO2 captured from industrial processes. CMA CGM also announced in July 2022 with Engie, a global leader in low-carbon energy and services, plans to co-invest in the Salamander project, the first industrial and commercial unit for second-generation biomethane production.
Bunkering Infrastructure: To support the growth of an e-methane ready fleet, the CMA CGM Group is also helping develop port infrastructure to support the bunkering of alternative energies. In 2021, the Group completed the very first ship-to-ship LNG simultaneous bunkering operation at the Port of Shanghai, which is a new milestone for the energy transition.
Environmentally-focused service offerings: CMA CGM has also dedicated itself to supporting the decarbonization journey of its customers and, as a result, has developed a range of innovative services called ACT with CMA CGM+. These services enable customers to measure, analyze, reduce and offset their carbon footprint when shipping with CMA CGM.
Actions to preserve and restore marine and inland biodiversity, notably towards oceans, mangroves or forests, which are strong natural carbon sinks, essential to absorb greenhouse gas such as a partnership with the Chesapeake Bay Foundation in Maryland and Virginia to plant millions of juvenile oysters on newly constructed reefs to preserve water quality and biodiversity, and the Reef Recovery program with five coral nurseries worldwide, including one in Florida. CMA CGM also partners with the Woods Hole Oceanographic Institution to increase protection of the North Atlantic Right Whale, and recently launched two passive acoustic monitoring buoys off the coast of Norfolk, Virginia, and Savannah, Georgia.
"Our newest incentive program is a perfect example of our continual quest to create innovative solutions that result in BETTER WAYS of doing business. Encouraging customers to return boxes sooner provides additional containers and chassis for export bookings, and the type of incentive we are offering will result in the formation of new socio-environmental projects right here in the United States. It is our hope that through this program, others in the industry will be inspired to leverage their capabilities to positively impact the environment and our local communities."
-Ed Aldridge, President of CMA CGM America and American President Lines
About CMA CGM
Led by Rodolphe Saadé, the CMA CGM Group, a global player in sea, land, air and logistics solutions, serves more than 420 ports around the world across 5 continents, with a fleet of 583 vessels. The Group transported 22 million TEU containers (twenty-foot equivalent units) in 2021. With its subsidiary CEVA Logistics, a global logistics player which transported 474,000 tons of air cargo and more than 21 million tons of inland freight, and its air cargo division CMA CGM AIR CARGO, the CMA CGM Group is constantly innovating to provide customers a comprehensive and increasingly efficient offering, thanks to new shipping, inland, air freight and logistics solutions. Firmly committed to the energy transition in shipping and a pioneer in its use of alternative fuels, the CMA CGM Group has set a Net Zero-Carbon target for 2050. Each year, via the CMA CGM Foundation, the Group supports thousands of children as part of its efforts to promote education for all and equal opportunities. The CMA CGM Foundation also intervenes in humanitarian crises requiring an emergency response by calling on the Group's shipping and logistics expertise to deliver humanitarian supplies around the world. Present in 160 countries through its network of more than 400 offices and 750 warehouses, the Group employs 150,000 people worldwide, including 2,900 in Marseille where its head office is located. In the United States, CMA CGM, which is headquartered in Norfolk, Va., employs more than 22,000 people. Its subsidiary, American President Lines (APL), operates a fleet of U.S.-flagged vessels and supports U.S. territories and American military stationed around the world.
project44 | September 29, 2022
project44, the connective tissue of the global supply chain announced the launch of Movement by project44TM, a game-changing platform that gives all supply chain partners — including shippers, carriers, logistics professionals and more — the transparency and collaboration they need to make supply chains work. For the first time, Movement by project44 combines the power of the entire project44 product suite, including its internally developed products and acquired capabilities, into one cohesive platform.
People, organizations and economies depend on the efficient movement of goods around the world, but the past few years have shown how volatile demand capacity is, how difficult it can be for carriers to find the right loads and how unpredictable delivery times are, said Jett McCandless, founder and CEO, project44. "Movement enables visibility, agility and workflow automation, but most importantly, it fosters collaboration. That is the key. Because together, we can make supply chains work, improve lives and ensure access to the goods the world needs.
Movement empowers teams to manage exceptions, streamline shipment operations, automate manual processes and collaborate to resolve customer issues, all from a single platform. It delivers value by providing complete order-level visibility across all modes globally, including multimodal estimates, from raw material to consumer door. It provides insights and workflow capabilities end to end — before, during and after transit. Everyone in the supply chain can use it, regardless of role, and it can deliver data to any person or system. The intuitive interface and unified APIs simplify issue resolution, and Movement enables seamless, data-driven operations.
As the largest brewer in the world, it is up to us to pave the way for the food and beverage space by investing in technologies that will bring the most value to our customers while navigating unpredictable supply chain challenges," said Andreea Calin, Logistics Operations Transformation Manager, Anheuser-Busch InBev Europe. "With Movement, we hope to easily manage logistics operations in one user-friendly place and exceed customers' rising expectations in an efficient, reliable and sustainable way.
Movement has the largest network of connected carriers, logistics service providers, shippers, technology providers and consumers in the industry and can create connections for those who are not already part of the network faster than any competitor. project44 also has the most robust dataset and the most sophisticated data science technology in the sector and provides the greatest breadth, depth and quality of visibility available anywhere.
We owe it to our customers to provide specialized cargo solutions based on their individual requirements and schedules," said Paul Foster, Vice President of Development and Integrations, JAS Worldwide. "Global supply chains can be unpredictable, and to address customers' needs, we need innovative technology that is user-friendly, reliable and informative. Movement will give us the end-to-end visibility we need to manage high-level logistics to meet and exceed customer expectations.
With Movement, shippers can increase lead time reliability and improve on-time delivery to cut costs and improve customer satisfaction. Logistics professionals can use Movement to improve data accuracy and increase productivity to grow revenue. Movement enables carriers to drive digital adoption, increase data accuracy and improve efficiency through automation to become more competitive. Drivers can reduce check calls and dwell times, providing real-time visibility and securing more profitable loads while gaining advantages as a preferred carrier.
"As Girteka, the largest asset-based transportation company in Europe, we have a clear aim to be the obvious first choice for clients, colleagues, partners, the community, and shareholders, As a company, we have developed a solid foundation towards shaping the future intelligent enterprise and strategically investing into technologies that support our vision to become the market shaping, Top 10 European logistics leader. We have a strong long-term partnership with project44, and already leverage their market-recognized RTV solution. The next step is to leverage the Movement platform which will allow us to better manage data from carriers and customers enabling greater collaboration, access to real-time insights and streamlined workflows across the supply chain."
-Edvardas Liachovičius, CEO of Girteka Holding
Movement's user interface is highly adaptive and more intuitive and useful to a broad audience, and project44's ecosystem partnerships and API-first architecture makes Movement compatible with any third-party or system. Both the back-end architecture of the product and UX have been redesigned to optimize customer experience.
The partner of choice for more top global supply chains than any other technology, project44 is a market leader, as recognized by independent analysts and in user and customer reviews. This gives project44 the insight, scale, skills and partnerships necessary to build a single platform capable of making supply chains work for everyone: Movement by project44™.
Most visibility vendors offer a single mode or narrow set of capabilities, McCandless added. They talk about a 'single pane of glass,' but without the ability to adapt to a user's preferences, these solutions are one dimensional, which is a thing of the past. Movement is the future. It's multidimensional, where each facet presents a unique perspective tailored to the user's requirements. This level of configurability, value and collaboration is necessary to tackle the world's biggest supply chain challenges. The name 'Movement' represents the part we all play in solving them, inside or outside the industry.
project44 is on a mission to make supply chains work. As the supply chain connective tissue, project44 operates the world's most trusted end-to-end visibility platform that tracks more than 1 billion unique shipments annually for over 1,200 of the world's leading brands, including top companies in manufacturing, automotive, retail, life sciences, food & beverage, and oil, chemical & gas. Using project44, shippers and carriers across the globe drive greater predictability, resiliency and sustainability. The undisputed leader in the market, project44 was named the Leader in the Gartner Magic Quadrant, #1 in FreightWaves FreightTech 2022, a five-time leader in customer satisfaction on G2's Supply Chain Visibility Grid, one of SupplyChainBrain's 100 Great Supply Chain Partners of 2022, and the Customer's Choice in Gartner Peer Insights Voice of the Customer report. project44 is headquartered in Chicago with a diverse team spanning 23 global offices including Austin, Amsterdam, Kraków, Paris, São Paulo, Shanghai and Tokyo. Learn more at project44.com.
SOFTWARE AND TECHNOLOGY,SUPPLY CHAIN
Everstream Analytics | September 29, 2022
Everstream Analytics, the global supply chain insights and risk analytics company, announced a strategic partnership with leading value chain consulting firm, CAMELOT Management Consultants. This collaboration combines Everstream’s unrivaled risk scores and AI-powered analytics with CAMELOT’s unmatched strategic process design and organizational expertise to build high-performing, compliant, and resilient value chainsWith the growing number of supply chain compliance laws, including the German Supply Chain Act, the US Forced Labor Prevention law, and Fashion Sustainability Act, manufacturers are increasingly responsible for ensuring their suppliers are not participating in morally or environmentally unethical practices. Everstream and CAMELOT have teamed up to deliver a 360-degree people, process, and technology solution to help clients achieve German Supply Chain Act compliance and prepare for future EU supply chain regulations.
In addition to the potential fines from noncompliance, companies are subject to brand reputation risks when unethical human rights or environmental practices are found anywhere in their supplier network. A company’s ESG performance is a crucial value measure for investors, employees, and consumers across most industries, including chemicals, life sciences, retail, food and beverage, and automotive.
Companies are challenged to interpret the laws, uncover relevant risks within their complex supply chains, and proactively monitor for ongoing issues, said Rick Meyer, Head of Global Sales, Everstream. This partnership incorporates Everstream’s automated multi-tier risk analytics into CAMELOT’s integrated approach to effectively embed compliance and ESG into core business processes of global organizations.
“Achieving compliance with the German Supply Chain Act (LkSG) and other supply chain laws will not be a one-and-done effort. It will take advanced data & analytics, regulatory expertise, and supply chain process innovation to continuously and efficiently monitor global value chains and mitigate risk, The Everstream partnership creates a one-of-a-kind LkSG risk management solution to help clients meet their compliance and sustainability objectives.
-Thomas Ebel, Partner Value Chain Strategy and Transformation at CAMELOT.
The value of effective supply chain due diligence and risk management can prevent critical delays or shortages. For example, 50% of the global polysilicon supply, a key material in solar panels, comes from the Xinjiang region. Solar panels have already been detained by U.S. customs under UFLPA, causing significant installation delays and hindering renewable power capacity expansion in the U.S. With greater supplier visibility and advanced risk management processes, companies can adjust their sourcing strategies to suffer fewer surprises and recover more quickly when disruption strikes.
About Everstream Analytics
Everstream Analytics sets the global supply chain standard. Through the application of artificial intelligence and predictive analytics to its vast proprietary dataset, Everstream delivers the predictive insights and risk analytics businesses need for a smarter, more autonomous and sustainable supply chain. Everstream’s proven solution integrates with procurement, logistics and business continuity platforms generating the complete information, sharper analysis, and accurate predictions required to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.
About CAMELOT Management Consultants
CAMELOT Management Consultants is a globally leading consulting specialist for value chain management in the process, consumer goods and industrial manufacturing industries. The firm is a sector of the CAMELOT Group, headquartered in Mannheim, Germany with a network of over 1,800 professionals worldwide. Their integrated consulting approach and close collaboration with renowned technology specialists guarantees project success along all consulting phases: from decision-making to the organizational and technical implementation. To learn more, visit https://www.camelot-mc.com/.