OOCL Logistics

OOCL Logistics | May 23, 2016

The missive the fourth bulletin issued by OOCL to its customers regarding the International Maritime Organization’s SOLAS amendment in 10 months offers insight into the depth of preparation needed by many parts of the industry to meet the rule that takes effect July 1. The new rule, an amendment to the IMO’s SOLAS convention, requires shippers to present a signed verified gross mass declaration to ocean carriers prior to containers being loaded on a vessel. The rule approved in 2014 ...

OOCL Logistics | March 07, 2016

Hong Kong-listed OOCL is committed to remaining with the G6 Alliance, said chief financial officer Alan Tung, but "everyone is talking to everyone" as two huge merger and acquisition deals threaten to redraw the alliance structures by the end of the year. “Are industry leaders talking to each other? Of course they are,” Tung said at the annual results announcement of OOCL parent Orient Overseas (International) Ltd. “With this type of situation, where everyone is waiti...

OOCL Logistics | January 22, 2016

Orient Overseas Container Line reported a sharp drop in container volume and plunging revenue on the Asia-Europe trade in 2015, with a particularly dismal fourth quarter dragging down figures on the oversupplied route.The container transport unit of Hong Kong-listed Orient Overseas (International) Ltd. said in an operational update that fourth quarter volumes on Asia-Europe fell 16.4 percent to 206,600 TEUs. Revenue during the period was an incredible 35.6 percent lower than during the fourth qu...

XPO Logistics | January 17, 2020

As one of the largest providers of transportation and logistics services worldwide, XPO Logistics serves over 50,000 customers. Supply Chain Digital takes a closer look at the firm. The company offers a range of different solutions. These are: drayage, expedite, full truckload, global forwarding, intermodal, last mile, less-than-truckload, managed transportation. With around 202mn sq.ft of facility space, XPO Logistics is considered one of the largest logistics providers worldwide. The organisat...