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PRESS RELEASE:

April 30, 2014: HRH The Princess Royal, patron of Transaid, paid warm tribute at Multimodal, Birmingham to the charity's pioneering work in final-mile delivery.

Donors who were often "putting in a huge amount" had not always appreciated the transport difficulties in developing countries, Her Royal Highness said. "People need to think 'joined up to help get supplies where they're needed. Transaid has filled an enormous gap and is a good example to other agencies of how to make better use of the logistics chain," she added.princess royal

Transaid's work in areas such as training drivers of goods vehicle "adds value to the support we get from volunteers and corporate sponsors," Her Royal Highness said. The charity had also played a vital role in educating other organisations such as the Bill and Melinda Gates Foundation (BMGF) about the importance of the cold chain in assuring safe delivery of vaccines.

Her Royal Highness expressed gratitude to companies that, in addition to donating funds, encourage volunteering. "It makes a real difference to the individuals concerned," she said.

Thanking Multimodal for its support, Her Royal Highness said the event was an excellent meeting ground for the industry. Setting off on a tour of exhibition stands, she joked: "I hope we've not been too much of a distraction from your day jobs!"

Earlier, Maeve Magner, a Transaid trustee and strategic advisor to BMGF, commented that 40% of agricultural produce in some parts of African is spoiled before it gets to market. Donors are investing more in individual countries to address the logistical challenges, she said.

"Support from the logistics industry is rare in this space," Magner said. "The work niche organisations like Transaid do makes a difference to lives of millions."

Bob Faichnie, former business unit director at Norbert Dentressangle, said a recent to Zambia had been "a life changing experience". The company trains truck and bus drivers in Lusaka and is also involved in training truck and forklift drivers in Tanzania.

Gary Forster, Transaid chief executive, explained how the charity uses its funds to provide solutions in the three core areas of road safety (driver training and training the trainers); access to livelihoods (for example improving the agricultural supply chain); and access to health (distribution of medicines and vaccines).

Other charities and even government departments now download Transaid case studies and tools, and Forster said he was happy "empower other organisations". On a visit to the Ministry of Health in Sierra Leone, he noticed documents that "looked eerily like Transaid ones".

PRESS RELEASE:

May 01, 2014: A new UN code of practice requiring container weights to be verified before shipping will enter into force in July 2016. If the issue sounds dull and procedural, it is nothing of the kind.

Under-declaration of container weight, or unsafe loading, has been responsible for many serious truck accidents, and was implicated in the sinking of the MSC Napoli in 2007. Speakers at the Multimodal exhibition in Birmingham said better information about box contents may have averted the fire on board the MSC Flaminia in 2012, which claimed three lives, and last year’s fire on the Maersk Kampala.

Richard Brough, technical and admin director for the International Cargo Handling Coordination Association (ICHCA), estimated that up to 20% of containers are misdeclared. One 8,000 teu vessel leaving Rotterdam was discovered to be 6,000 tonnes over its declared weight, putting enormous strain on its lashing system.

MSC FlaminiaThese discrepancies might explain why 600 boxes are washed overboard every year, according to official statistics. ICHCA puts the real figure closer to 10,000.

Under the new regulation, boxes will have to be weighed and verified before loading. But at what point in the transport chain, Capt. Brough wondered? At the container crane it was too late. The shipper may have to come to the port to resolve the problem if a box was too heavy - and it could mean the law had already been broken on the road or rail journey.

Sharon James, secretary of the dockers’ section, International Transport Workers’ Federation (ITF), said unstable containers moving by road were a public safety issue, not just a threat to drivers. “Who takes it back if port says it’s illegal?” she asked.

Andrew McNab, marketing director of the biggest UK road container transport operator, showed shocking examples of trucks tipping over on twisty roads or roundabouts, in one case within minutes of leaving the dock gate, because heavier cargo had been placed on top of lighter, or the load was unevenly distributed.

“The onus is still on the driver when it ought to be on the packer,” McNab said. “We need everyone in the supply chain to be aware of and fully accept the guidelines. We need more and better training for everyone involved, including shippers, packers and warehousemen.”

Chris Welsh, director of global and European policy at the Freight Transport Association (FTA), which coordinated Wednesday’s Multimodal seminars, said the UK government favours pre-verification using the calculated weight method rather than physical container weighing. “Some believe that’s a cop-out, but there will be sampling, especially of shippers who are not known or trusted,” he said.

Peregrine Storrs-Fox, risk management director for the TT Club, said technology may come to the industry’s rescue. Weighing via twist-lock sensors would allow those moving containers “to gain more knowledge not just of weight, but what’s going on inside the box,” he said.

PRESS RELEASE:

April 29, 2014: GEFCO has won a new contract with Jaguar Land Rover Limited to provide a reusable packaging solution to support the company's part production process. The new deal will run for a number of years and spans UK and international markets.

Under the terms of the contract GEFCO will manage the supply of large Magnum Optimum containers - advanced packaging units developed with GEFCO in conjunction with a leading packaging manufacturer.Gefco

The development of the large containers will add to the existing pool of 6.4 million container units managed by GEFCO's GefBoxSystem solution.

The solution will enable a number of environmental and operational efficiencies to be achieved. The reusable packaging will reduce the amount of cardboard used within the Jaguar Land Rover Limited supply chain. The increased stackability of the containers throughout the supply chain also allows GEFCO to reduce CO2 emissions and make economic savings on the reverse logistics.

The service provided by GEFCO also includes an International and UK based asset audit management team, who provide expertise and local support to all parts suppliers, as part of a comprehensive asset management service. The supply of reusable packaging is controlled by GEFCO's unique NetBox3 system, which ensures real time visibility of packaging stock within supplier and JLR production plants.

Speaking about the contract, Philippe Doyer, GEFCO's Director for Warehousing and Reusable Packaging, said: "We are delighted to be afforded this exciting opportunity to build on our relationship with Jaguar Land Rover Limited, and to achieve further growth and development of our GefBox solution, which is already used by 1,500 manufacturers across 22 international markets."

PRESS RELEASE:

April 30, 2014 - The instinct to help those in need is as old as humanity itself, but the stakes are higher than ever before. The aid industry has been forced to go global in response to a doubling in the number of people affected by humanitarian crises in the last decade.

Mike Whiting, senior logistics consultant for the World Food Programme (WFP), chairing a seminar on humanitarian logistics on the opening day of the Multimodal exhibition in Birmingham, said aid costs increased by 430% between 2004, the year of the Indian Ocean tsunami, and 2013. Last year, 50% of those facing humanitarian need were in conflict-affected areas, up from 25% 10 years ago.

No fewer than four countries - Syria, the Philippines, South Sudan and the Central African Republic – had faced maximum "level three" crises last year. Whiting said: "The system is having to deal with problems of increasing scale and complexity, which has profound implications. We need to find a more locally based, anticipatory approach - a more creative way of dealing with the logistics challenge that faces us."

Whiting, who is also chairman of the Chartered Institute of Logistics and Transport (CILT)'s Humanitarian and Emergency Logistics Professionals Forum (HELP), said the Institute could be a catalyst for change. "We must listen to what those in peril want, not impose what we think they need."

There was a potential payback for those putting resources into improving the situation on the ground. "If we enable aid, we enable trade," Whiting said.

Dorothea de Carvalho, CILT's professional development project director, said people development was critical. More than 1,000 students had now passed through the Institute's certified qualification programme in humanitarian logistics, developed in association with organisations such as WFP, Save The Children, the Red Cross, Oxfam and Unicef.

Logistics professionals can study for a humanitarian supply chain management qualification, while a specialist medical logistics practices strand (Medlog) is suitable for doctors or nurses needing to understand "the unique requirements of running a cold chain," de Carvalho said.

She invited companies to sponsor students or offer work placements for programme graduates, which would enable them to benchmark their work against what was happening in the commercial sector.

Martijn Blansjaar, head of logistics and supply, for Oxfam's International Division, said airline offers of cargo space in their aircraft had become fashionable in the 1990s, only to result in aid supplies failing to fly because the paperwork was not right.

Oxfam now benefited from "fantastic long-term arrangements" with JCB, which regularly supplied digging and lifting equipment, and British Airways, which could usually offer free capacity within days of a crisis developing, Blansjaar said.

Chris Weeks, director of humanitarian affairs at DHL, said the company was helping disaster preparedness by helping airports in high-risk areas to be ready for a surge in incoming air freight.

The trick is to act smarter, Week said. He contrasted the "old world" model of sending bottles of water, with today's focus on purification units and jerrycans. Instead of "dump and run" shipments of unwanted food and clothes that could paralyse an airport, equipment and palletised freight was now shipped out.

"Disaster response is becoming more professional and coordinated. We've got to upskill and change the profile of our employees," Weeks said. "The private sector needs to work more closely with other actors and donors such as governments and NGOs."

Whiting concluded: "We can't go on as we were, transformative logistics is needed. Training people in storage and distribution will control the amount of food wasted between harvest and end user. We have to go from tonnage-based to knowledge-based operations."

He quoted an example from Tanzania, where at one time cola was obtainable everywhere but not essential drugs. Following a collaboration between Coca-Cola and the Ministry of Health, medical supplies were now more efficiently distributed across the whole country. "Thinking more sustainably and helping people to help themselves can save a huge amount of long-term investment," he said.

PRESS RELEASE

April 23, 2014: Finnair opened its second European cargo hub in Brussels amid fanfare and high hopes in March 2013. Twelve months on, is the party over – or only just beginning?

Celebrations are definitely in order, at least if volumes are any indication, affirms Heikki Nikamaa, Finnair Cargo's manager for station & freighter operations.

"Our weekly freighter capacity is approximately 340 tonnes, and we are carrying more or less full loads both ways. Some weekends we have to use additional trucks because there is not enough space on flights."

Last year Finnair moved a total of over 15,000 tonnes via the Brussels hub. To accommodate growing volumes, Finnair Cargo has made significant capacity enhancements for the summer season. The Brussels hub will be served by two weekly MD11F freighter rotations from Helsinki on Fridays and Sundays, with returns from Brussels on Saturdays and Mondays. In addition, a weekly A340 passenger aircraft service is flown on Thursdays as well as four daily narrow-body flights connecting to Finnair's over 90 weekly flights between Helsinki and 13 Asian cargo gateways.

Yet, with the global economic crisis beleaguering the air cargo market, certain inevitable adjustments have had to be made to the offered network – all part of the learning process that comes with opening a new route network.

"Profitability has to be taken into consideration. Finding the right mix and focus on nic890 BrusselsAirport 580x400he products is essential," explains Gina Vandenhove, country manager of ATC Aviation Services, Finnair's Global Sales Agent in Belgium.
Cool to care

The obvious niche for Finnair Cargo is pharmaceuticals. "For Brussels, pharmaceuticals are on the way to becoming what flowers are for Holland, or car parts for Germany. But, given the fragility of the product, only the very best carriers will be awarded the business," says Vandenhove.

Winning this business comes with particular challenges, principally related to cool chain management and guaranteed temperature control. "And we're not just talking about the usual perishables needing a fridge. The most challenging goods require a steady temperature of 15–25 degrees," she notes.

Finnair Cargo is making continual improvements to its "Cool to Care" product with the goal of opening further new trade lanes for temperature-controlled cargo between Brussels and major Asian airports.

"It looks like we're on the right track. Month after month we seem to win more traffic from ruling pharmaceutical producers. It shows that our hard work is finally paying off."

One of the welcome changes of the past year is the speedier service offered by Finnair now that customs is available 24/7 at Brussels airport.

"When we started out, the local customs was closed during the weekends. After negotiations with the airport, they agreed to open nonstop customs service for us. It made a huge improvement to our service," says Nikamaa.

With summer approaching and volumes picking up, Nikamaa is optimistic regarding the future of the hub. "Europe is on a good track and we definitely need Brussels to continue building our position."

Vandenhove points out that one year is a short time for Finnair to prove its staying power, particularly with the local market keeping an ever-watchful eye on newcomers and the quality they offer.

"Of course we did have the luck of already having a consistent base load – a serious advantage – but over the past year, I believe we have grown into a solid player with a strong network. Meanwhile, we also made further progress by adding wide-body capacity, with more likely to come. The coming year will be about consolidating what we have started."

PRESS RELEASE:

April 30, 2014: The Freight Transport Association (FTA) today called for "a joint industry approach to encouraging greater use of rail freight by shippers," when it launched "Agenda for More Rail Freight" as part of the FTA Seminar Day programme at Multimodal 2014,

The "Agenda for More" document is based on research and a year long study conducted by the Association in conjunction with the UK's leading retailers and shippers within FTA's British Shippers' Council; The publication is subsequent to FTA's "On Track" report , an initiative jointly convened by the former Transport Minister Mike Penning and the FTA regarding the challenges facing shippers for increasing rail freight, and illustrates it can be a viable and reliable solution for the most demanding of customers.

Chris Welsh, FTA's Director Global and European Policy said: "If we are going to achieve both sustainable rail freight growth and meet the very challenging rail freight growth target we need to work together. This needs to be an inclusive process. FTA is today inviting all sections of the rail freight industry to work with their existing and potential customers to participate in working groups to deliver the "Agenda for More" action points identified by shippers."

The UK's leading retailers and shippers have now set out clear action points for the rail freight industry if the ambition to switch more freight on to rail is to be achieved, to which Mr Welsh added: "In its recent Delivery Plan Network Rail says it has forecast an extra 30% increase in rail freight by 2019. That's a tall order, because Britain's leading retailers and shippers (upon whom that growth in demand is dependent), have categorically stated that there needs to be a step change in improvement in service delivery if that ambition is to be realised."

FTA's "Agenda for More" outlines 14 improvement areas under four main themes:

  • Costs and competitiveness
  • Service availability and flexibility
  • Network access
  • International services

To move the "Agenda for More" process forward the FTA is looking to establish a joint industry initiative involving all stakeholders in the rail freight industry.

Welsh concluded: "What we need to see is greater commitment to continuous improvement to reduce costs and maintain competiveness, an increase in service frequency to match product lead times, a seven day a week rail freight service, more rail connected terminals, and additional temperature controlled containers particularly for frozen foods if the 30% increase predicted by Network Rail is to be achieved".

PRESS RELEASE:

April 29, 2014: Further enhancing its portfolio of air cargo solutions, Unisys Corporation (NYSE: UIS) announced today a next-generation Cargo Revenue Accounting (CRA) solution designed for real-time integration with the core Unisys Logistics Management System (LMS) or third-party cargo systems.

The Unisys Cargo Revenue Accounting solution provides airlines with control and automation of their revenue accounting process including air waybill audit and adjustments, revenue determination and proration, invoicing, agent commission, payable and receivable management and reporting.

When integrated with the Unisys LMS solution, which is used by leading airlines worldwide to manage their air cargo business, CRA users can make use of a shared user interface, menu structure, and single sign-on that allows them to work seamlessly across both modules as one application. Critical data, such as customer details, currencies, airport details, rates, contracts, and air waybill stock, can be shared and used by both the LMS operational and CRA modules, removing the need for data to be duplicated and maintained across two separate systems.

Offered via a cloud-based SaaS delivery model, the Unisys CRA solution can be shared by airlines to reduce costs compared to an in-house system, and requires minimal customization to enable fast implementation. Delivery via a SaaS model also helps drives community collaboration among airline clients and enables airlines to respond quickly to constantly changing air cargo industry requirements.

"Unisys LMS clients can benefit from a cargo revenue accounting solution that integrates in real-time with our core logistics operational system to give new levels of visibility into financial information from booking through to delivery and invoicing," said Christopher Shawdon, vice president, Logistics Solutions for Unisys. "Such insight helps cargo operators increase profitability by being able to access revenue information up front to make informed choices about routes and flights, while improving service by generating more accurate air waybill information for customers. This real-time information can also help enhance cash flow by enabling invoicing as soon as export audit criteria is satisfied – three to four days faster than the traditional invoicing process."

Unisys has more than 45 years experience providing advanced, mission-critical IT solutions to the aviation industry. Unisys cargo solutions are used by carriers that move approximately 30 percent of the world's air freight.

Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications.

PRESS RELEASE:

April 30, 2014: Effective from May 9th, AirBridgeCargo Airlines, the largest Russian scheduled cargo airline and part of Volga Dnepr Group, is expanding its services in Central Europe by introducing direct services to and from Munich with a Boeing 747 freighter.

The new Munich flight to Moscow's Sheremetyevo airport will be in addition to the four existing weekly Boeing 737 flights operated by Atran Cargo Airlines, also part of Volga Dnepr Group. The B747 all-cargo flight between the Bavarian capital and ABC's hub in Moscow operate every Friday at midday, providing an ideal end of the week departure time for European customers.

"As Southern Germany continues to be a major industrial growth area, the decision to expand our services by introducing a direct Boeing 747 flight from Munich to Moscow was a logical step for us. This will increase ABC's ability to offer customers in Germany fast connections to and from the Russian market as well as to the airline's international network via its Moscow hub," said Andrey Andreev, Head of ABC Business Development in Europe.

ABC 747-8F"Being able to offer connections to the largest Asian gateways such as Shanghai, Beijing, Chengdu, Zhengzhou, Hong Kong, Seoul and Tokyo-Narita will make ABC a top product for the Bavarian air cargo community, and the direct freighter link between the Bavarian capital and Russia will add attractiveness to our product," added Walter Morris, Head of Business Development of ABC in Southern Germany.

"Our main strategy, as it has always been, is to be flexible in introducing new routes and destinations to our customers. We pay particular attention to market changes and are constantly searching for new markets and destinations. Our decision to introduce the new service was motivated by increased customer demand for cargo services from Germany to Russia and to Asia. In the first quarter of 2014, we increased export traffic from Germany to Russia by 51%, way above market trends, and we also recorded strong demand on our routes from Germany to Asia," says Denis Ilin, Executive President ABC.

Germany has always been one of the most important markets contributing to ABC's growth over the last decade. Earlier this year ABC launched scheduled B747 services to and from Leipzig, extending the Group's strong association with the airport, where it has invested in a modern aircraft maintenance and repair facility to serve a variety of aircraft types.

AirBridgeCargo's scheduled network covers major markets in Asia (China, Japan and Korea), Europe (the Netherlands, France, Germany, Italy, Spain and Sweden) and North America (Chicago, Dallas). The airline's fleet is one of the youngest in the industry and includes 12 Boeing 747: four Boeing 747-400ERF, three B747-400F and five brand new Boeing 747-8F. The average fleet age is about 4 years. The airline is capable of transporting any type of cargo, including shipments requiring special handling or a temperature-controlled environment.

AirBridgeCargo Airlines is member of IATA, the Cool Chain Association, Cargo 2000 and TAPA. In 2014 the airline turned 10 years.

PRESS RELEASE:

April 28, 2014: AirBridgeCargo Airlines (ABC), Russia's largest cargo airline, has commenced its 10th anniversary year with the strongest first quarter in its history, with tonnage up nine per cent in Q1 to 86,500 tonnes.

ABC says its growth reflects market improvements in Russia, Europe, the Americas and Asia Pacific as well as the success of its own sales activities. Freight ton-kilometres in the first three months of 2014 rose by 13%, far exceeding the industry average of 4% growth in the months of January and February.

Load factor for Q1 was 71%, again considerably higher than the industry average.

Continuing its network growth in the first three months of 2014, ABC added Dallas, Leipzig and Malmo as new on-line destinations and increased its frequencies to and from Chicago. The additional operations strengthen ABC's position in the European and North American air cargo markets. By adding new destinations and improving connectivity with its Moscow hub, ABC is able to offer an increased choice of routes and connections for its international customers.

The airline's continued focus on improving its performance levels led to further gains in Q1, increasing its Delivered-As-Promised performance to 78%.

AirBridgeCargo celebrated the 10th anniversary of its first commercial flight on 23rd April 2014. Its maiden flight in 2004 was between Moscow's Domodedovo airport and Beijing. ABC started as a Volga-Dnepr Group project and over its subsequent 10-year journey has earned its place among the world's major international cargo airlines.

When Volga-Dnepr Group launched ABC in 2004, it was the first Russian all-cargo scheduled airline. In those early days the airline operated a single B747-200 and served five destinations but now ABC is proud to operate a fleet of 12 Boeing 747 freighters (5 Boeing 747-8 and 7 Boeing 747-400), one of the youngest and most modern fleets in the air cargo industry, and serves 23 on-line destinations all over the world.

Its route network connects the largest cargo flows on Asia-Russia-Europe-USA tradelanes. By optimising its route network ABC offers its customers freight deliveries within 48 hours on almost all of its routes, an offer considered highly attractive by clients all over the world.

In 2013, AirBridgeCargo Airlines carried 340,000 tonnes and flew 2,609,000 FTKs, achieving an average load factor achieved of 72%, considerably above the industry average. ABC is recognised as the air cargo leader in the Russian market with a market share of over 30% on major routes into Russia. For several years, ABC has also earned a leadership position on other routes all over the world.

ABC has delivered on its commitment to constantly finding ways to improve the airline's quality and performance results. On time performance of ABC services has been constantly improving over the decade which led to increase of its Delivered-As-Promised index. ABC is also adopting Cargo 2000's quality management system and has been accredited for meeting the international compliance standards of the IATA Operational Safety Audit (IOSA).

ABC today is an important part of Volga-Dnepr Group's 'cargo supermarket' portfolio and plays a significant role in the global air cargo market. Despite or possibly even due to the harsh economic market conditions, ABC has achieved year-on-year growth and development thanks to the hard work of its highly-skilled international team as well as its flexibility, open minded customer relationships and its continued drive to serve its client.

Denis Ilin, Executive President of AirBridgeCargo Airlines, said: "Today is a proud milestone for our company and a tribute to all of the members of the ABC team around the world and our parent Volga-Dnepr Group for enabling us to achieve our strategic goals over the first 10 years of our development. Most of all we say thank you to our customers for their support and trust in us. We value long-term partnerships and look forward to achieving further growth together."

ABC is targeted for another prosperous decade of its development with future plans of increasing modern freighter fleet, route network covering more countries in the world committed to provide further quality products to the clients who rely on ABC services and to the new potential customers.

PRESS RELEASE

April 29, 2014: The click-and-collect market in the UK will virtually double in size from £61 million this year to £118 million by 2016. Yet, in the fast-changing world of online retail, there is one constant. Consumers still attach greater value to price than convenience, delegates at a seminar on the opening day of the Multimodal exhibition in Birmingham were told.

Responding to a survey by Collect+, the local store-based parcel network, 3,000 consumers reported that their biggest concerns about ordering goods online were either missing a home delivery, or not knowing what to do if they didn't like what they had bought. But Mark Lawrence, Collect+ operations and service director, said that when people were asked to make trade-off choices, price was their top priority, ahead of reliability and convenience. And speed surprisingly mattered least of all.

Tesco-Direct-and-CLick-and-Collect-UK-Online-Ordering1"Free" delivery is becoming the norm. A majority of under-25s seem to believe that a parcel arriving at their door costs them nothing, Lawrence said.

Stuart Miller, co-founder and CEO of locker system ByBox, said that delivering into lockers in the middle of night, a proven low-cost option for delivering critical spare parts to businesses, was shifting successfully into the B2C market, even for a supplier of "posh lingerie".

Why were customers choosing this option? Some said they liked the idea of collecting tomorrow, or knew they would not be at home for a delivery. "But the biggest reason by a mile was that it was free," Miller said. ByBox had at first tried to base a delivery charge on the next nearest price point, £3.50, as offered by the post office. Volumes plummeted by 70%, and reducing the charge to £2.50 generated little improvement.

It was not until the price came down to £1.50 that sales recovered again, which seems counter-intuitive for customers purchasing upmarket knickers.

This year's Multimodal is the biggest in the show's seven year history, with over 280 exhibitors and thousands of visitors on its first day.

Today's seminars were organised in conjunction with the Chartered Institute of Logistics and Transport (CILT). Tomorrow will see a full programme organised in collaboration with the Freight Transport Association (FTA), including sessions on modal shift and container weighing, as well as a dedicated air freight stream.

Multimodal will also be welcoming HRH The Princess Royal to a session hosted by charity Transaid.

PRESS RELEASE:

April 28, 2014: NYK Group Europe Ltd has had its full Authorised Economic Operator (AEO) status renewed by HMRC for a further 3 years.

HMRC officers paid special attention to the company's financial solvency, its full compliance with customs requirements, the demonstration of satisfactory management systems and, in particular, the operation of robust safety and security standards across the business.

In 2009, NYK Group Europe Ltd became one of the first UK-based companies to obtain full AEO status and the recent audit process is part of the regular re-evaluation that is required to maintain the certificate.

AEO status is the EU response to the need to secure international supply chains. It is based on, and is compatible with, the World Customs Organisation's SAFE Framework of Standards which is being implemented by customs authorities across the globe. Full AEO status is awarded to businesses which have proved themselves to be compliant, trustworthy, safe and secure.

NYK Group Europe's Executive Vice President and Chief Operating Officer, Svein Steimler said: "We are delighted to have had our AEO status renewed and feel it recognises our commitment to safety, security and compliance, it is a testament to the thorough work of all our staff."

ABOUT NYK GROUP
Nippon Yusen Kabushiki Kaisha is one of the world's leading transportation companies. At the end of March 2013, the NYK Group was operating 846 major ocean vessels, as well as fleets of planes, trains, and trucks. The company's shipping fleet includes 389 bulk carriers, 126 containerships (including semi-containerships), 120 car carriers, 82 tankers, 51 wood-chip carriers, 28 LNG carriers, 18 heavy-load carriers / conventional ships, three cruise ships, and 29 other ships. NYK's revenue in fiscal 2012 was about $23 billion, and as a group NYK employs about 55,000 people worldwide. NYK is based in Tokyo and has regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and Sao Paulo.

 

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