Author: Magzishipping

The projects team at Magzi Shipping & Logistics have had a busy October. Representing the Sultanate of Oman in the Project Logistics Alliance, they have shipped 2727 MT of concrete pipes from Oman to Bahrain.

To aid the transfer, the cargo was loaded into 40’ high cube containers. A whooping 174 containers were required to ship all the pipes. The high cube containers then set sail from Sohar Port, Oman to the Khalifa Bin Salman Port in Bahrain. In the end, the pipes were delivered safely without any delay. Congratulations Magzi Shipping. We wish you many more such colossal transfers!

The shipping giant shuts down some networks in Asia to isolate what appears to be a ransomware attack

French container shipping line CMA CGM SA said Monday it has shut down some of its technology systems as it copes with a cyberattack at two of its Asia-Pacific subsidiaries.

People involved in the matter said the carrier was investigating an encryption malware attack and that it had been contacted by someone claiming to be a hacker who asked for ransom in return for a decryption key.

“CMA CGM is currently dealing with a cyber-attack impacting peripheral servers,” the company said in a statement. “As soon as the security breach was detected, external access to applications was interrupted to prevent the malware from spreading.”

The company said it was bringing back online parts of its network that include booking platforms after isolating the systems directly affected by the attack.

CMA CGM is the world’s fourth-largest container carrier by capacity, according to maritime research group Alphaliiner, with more than 500 vessels.

The company said in a customer advisory that systems at its intra-Asia arm Cheng Lie Navigation Co. and the regional Australian National Line were unavailable. The websites for both operators were down on Monday.

The apparent attack follows a series of breaches of technology networks in container shipping in recent years.

Denmark’s Maersk Line, the shipping unit of A.P. Moller-Maersk A/S that is the world’s biggest container operator, was hit by the global NotPetya ransomware attack in 2017 that crippled the carrier’s operations for a time and the carrier spent $300 million to repair the damage.

Chinese container line Cosco Shipping Holdings Co. was hit in July 2018 by a cyberattack that shut some of its technology systems in the U.S., and Geneva-based Mediterranean Shipping Co. suffered a network outage earlier this year that was believed to be the result of a cyberattack.

The International Maritime Organization, the United Nations body that regulates the global shipping industry, has written guidelines for tougher cybersecurity defenses for ports and vessel operators that are set to take effect in January 2021.

JCtrans: Would you please make a brief introduction of your company?

Lijihas Ussain ( Liji ): Magzi Shipping & Logistics Services LLC was established with a vision to provide high standard and cost effective freight forwarding/logistics solutions to the companies regardless of their institution size or financial strength. With 12 years in operations, we have gained expertise to handle cargos of varying complexities through both air and sea; and also build trusted relation with shipping lines and agents. Currently, we are having customers from a variety of instustries and handles goods from perishable cargo, medicines to oil field equipment. We are committed to providing tailor made freight forwarding solutions to our customers.

JCtrans: Would you please talk about your core-competitiveness?

Lijihas Ussain ( Liji ): We offer best in class services in LCL, FCL, Air Freight, Warehousing, High Value/Precious metals cargos and Event/Exhibition Logistics. Well versed in handling OOG, DGR, and Heavy Lift project cargos. With offices and operations in Sohar Port, Muscat Port, Duqm Port and Salalah Port, we are capable of handling Pan-Oman customers and provide them with unparalleled shipping services.

JCtrans: What do you think is the most important thing to run a logistics company?

Lijihas Ussain ( Liji ): The most important thing to run a logistics company is to understand that every customer requirement is unique. No two customer or their shipping requirements are identical. Hence, a logistic company should understand and find tailor made solutions to the customer requirements. These solutions must be cost effective and without delays. Another important thing is the relationship one must make with the customer, such updating the shipment status from time to time. Saving them from unnecessary shipping cost such as demurrage, late fee or amendment fees. We also understand that, to remain relevant in the industry we must aggressively expand our client base.

JCtrans: Would you please talk about the situation of logistic industry in your country?

Lijihas Ussain ( Liji ): COVID-19 has affected the country for a while but with meticulous planning and prevention, things are getting back to normal. It is assumed that the logistics sector will be at full swing in few months time.

JCtrans: Would you please talk about your strategy to explore foreign market?

Lijihas Ussain ( Liji ): To explore foreign markets, we are in continuous touch with JC Trans members from various countries. We are giving them nominations and receiving a few from them as well. With ongoing foreign investments in Oman, companies with international ties are emerging, we are trying to partner them with shipping solutions to expand our reach. On top of it, we are attending annual meetings with foreign clients and agents.

JCtrans: What is the reason that makes you become a GCP member to develop your business?

Lijihas Ussain ( Liji ): The professionalism, network quality and world-wide reach of JC Trans are the main reasons that attracts us. To simply put, we trust, even an unheard agent if he is a JC Trans member. The network members are efficient and prompt. Their rates and services are competitive and best in class. We look forward to continue this relationship and help each other out to develop business.

JCtrans: How do you maintain a long-term cooperation relationship with your clients?

Lijihas Ussain ( Liji ): We believe customer satisfaction is the corner stone for the success of any business. We do follow-ups and visits on a regular basis, provides them with timely updates of new rates and services offered. Most importantly we provide the most affordable prices to our customers, because we believe pricing is very important in this situation as the competition has increased.

Dublin, Sept. 18, 2020 (GLOBE NEWSWIRE) — The “Global Freight Forwarding 2020” report has been added to ResearchAndMarkets.com’s offering.

This report provides a detailed, up to date look at the impact of COVID-19 on the market and other major trends and drivers affecting the market in 2020 and beyond.

As lockdowns are eased across Europe and the US, questions are being asked as to how the freight forwarding market is recovering from COVID-19, what challenges lay ahead and how it might transform the market in the long term. Ti’s Global Freight Forwarding 2020 report assesses all of the above whilst also containing our market leading market sizing and forecasting data, survey based research and comprehensive company profiles.

This report includes recent survey data into the impact of COVID-19 on freight volumes and expected air and sea freight recovery.

This report contains:

• Market sizing including 2019 and 5-year CAGR growth rates 2019-2024
• Extensive, market-wide, survey-based primary research into the impact of COVID-19 on the market
• Detailed analysis of the present and future of freight forwarding
• Comprehensive profiles of the largest freight forwarding companies
• An evaluation of technology in freight forwarding

The 7 key sections of Global Freight Forwarding 2020:

• Global Freight Forwarding in 2020 and beyond
• Inventory and the role of China in Global Supply Chains
• Fixing dysfunctional PPE supply chains
• The next generation of logistics start-up
• Global freight forwarding market size and growth
• Comparison of the top global freight forwarders
• Provider profiles

Key Topics Covered:

1.0 Global freight forwarding in 2020 and beyond
1.1 Covid-19 impact timeline
1.1.1 Phase 1: End of January/February
1.1.2 Phase 2: Early March/April
1.1.3 Phase 3: April/May
1.1.4 Phase 4: End of May/June
1.1.5 Phase 5: End of June/July
1.2 Vertical sector impacts
1.2.1 Supply Chain: Retail
1.2.1.1 Supply Chain: Fashion
1.2.2 Supply Chain: Pharmaceutical
1.2.3 Supply Chain: High Tech
1.3 The effects of Covid-19 on the global sea freight market
1.3.1 Introduction
1.3.2 Consolidation in the market
1.3.3 Short-term impacts of COVID-19
1.3.3.1 Dwindling demand
1.3.3.2 Carrier response to declining demand
1.3.3.3 What impact did this have on volumes?
1.3.3.4 Freight rates
1.3.4 Long-term impacts
1.3.4.1 Recovering Demand
1.3.4.2 Deglobalisation
1.3.4.3 Investing in fleets
1.3.4.4 More robust industry?
1.4 The effects of Covid-19 on the global air freight market
1.4.1 Overview
1.4.2 Short-Term Impact
1.4.2.1 Air cargo capacity
1.4.2.2 Air cargo volumes
1.4.3 Long-term Impact
1.4.3.1 Rates
1.4.3.2 Regulations
1.4.3.3 Intermodal
1.5 What are the Next Steps: Supply Chain Deglobalisation & Protectionism
1.5.1 Responding to the Crisis
1.5.2 Modal Shift
1.5.3 Shift to the Spot Market?

2.0 Inventory and the role of China in Global Supply Chains
2.1 The reality of de-globalising and de-China-ing supply chains over the shot- and medium-term
2.1.1 The offshoring and re-shoring decision making process
2.2 Lower cost labour alternatives to China
2.2.1 Can developed markets compete with China
2.3 The logistics cost headwind to reshoring
2.3.1 Shipping rates
2.3.2 Air cargo disruption and rates
2.4 Inventory costs
2.5 Conclusion

3.0 Fixing dysfunctional PPE supply chains
3.1 Introduction
3.2 Demand variability
3.2.1 Unknown quantities of PPE required
3.2.2 Competing procurement strategies
3.2.2.1 UK
3.2.2.2 Europe
3.2.2.3 US approach
3.2.3 Summary of demand problems
3.4 Supply variables & challenges
3.4.1 Location of manufacturing
3.4.2 PPE: the impact of quality standards on trade
3.5 Distribution
3.5.1 Air Cargo constraints
3.5.2 Rail freight alternative
3.5.3 Customs clearance and Trade Compliance
3.5.4 Last mile delivery – getting the items to where they need to be
3.6 The PPE international logistics market in 2020
3.7 Conclusion: the end of global supply chains for PPE?

4.0 The next generation of logistics start-up
4.1 Cyber 4PLs
4.1.1 Looking inside a Cyber 4PL
4.2 Evolution of digital business models: past and future trends
4.3 What you really need to operate in logistics: lessons from a pandemic
4.3.1 what Coronavirus means day-to-day
4.4 FedEx and Microsoft join forces: Let the games begin
4.5 The intelligence of labels – context and meaning in AI

5.0 Global Freight Forwarding Market Size & Growth
5.1 Global Freight Forwarding Market Size & Growth
5.1.1 Global Freight Forwarding Market Size & Growth 2019
5.1.1.2 US-China Trade War
5.1.1.3 US-China trade agreements
5.1.1.4 Growth in the Regions
5.1.2 Global Freight Forwarding Market Size & Growth 2020
5.1.3 Global Freight Forwarding Market Size & Growth 2024 (F)
5.2 Air Freight Forwarding Market Size & Growth
5.2.1 Air Freight Forwarding Market Size & Growth 2019
5.2.2 Air Freight Forwarding Market Size & Growth 2020
5.2.3 Air Freight Forwarding Market Size & Growth 2024 (F)
5.3 Sea Freight Forwarding Market Size & Growth
5.3.1 Sea Freight Forwarding Market Size & Growth 2019
5.3.2 Sea Freight Forwarding Market Size & Growth 2020
5.3.3 Sea Freight Forwarding Market Size & Growth 2024 (F)
5.4 Asia Pacific freight forwarding market size & growth
5.4.1 Asia Pacific freight forwarding market size & growth 2019
5.4.2 Asia Pacific freight forwarding market size & growth 2020
5.4.3 Asia Pacific freight forwarding market size & growth 2024
5.5 Europe freight forwarding market size & growth
5.5.1 Europe freight forwarding market size & growth 2019
5.5.2 Europe freight forwarding market size & growth 2020
5.5.3 Europe freight forwarding market size & growth 2024
5.6 Middle East & North Africa freight forwarding market size & growth
5.6.1 Middle East & North Africa freight forwarding market size & growth 2019
5.6.2 Middle East & North Africa freight forwarding market size & growth 2020
5.6.3 Middle East & North Africa freight forwarding market size & growth 2024
5.7 North America freight forwarding market size & growth
5.7.1 North America freight forwarding market size & growth 2019
5.7.1.1 Trade War
5.7.1.2 Elsewhere in the region
5.7.2 North America freight forwarding market size & growth 2020
5.7.3 North America freight forwarding market size & growth 2024
5.8 Russia, Caucasus & Central Asia freight forwarding market size & growth
5.8.1 Russia, Caucasus & Central Asia freight forwarding market size & growth 2019
5.8.2 Russia, Caucasus & Central Asia freight forwarding market size & growth 2020
5.8.3 Russia, Caucasus & Central Asia freight forwarding market size & growth 2024
5.9 South America freight forwarding market size & growth
5.9.1 South America freight forwarding market size & growth 2019
5.9.2 South America freight forwarding market size & growth 2020
5.9.3 South America freight forwarding market size & growth 2024
5.10 Sub-Saharan Africa freight forwarding market size & growth
5.10.1 Sub-Saharan Africa freight forwarding market size & growth 2019
5.10.2 Sub-Saharan Africa freight forwarding market size & growth 2020
5.10.3 Sub-Saharan Africa freight forwarding market size & growth 2024
5.11 Global Freight Forwarding Market Size & Growth: COVID-19 Impact Analysis
5.11.1 Air freight in 2020
5.11.2 Sea Freight

6.0 Global Freight Forwarders
6.1 The Global Top 20
6.1.1 Top 20 Global Freight Forwarders by Revenue and Market Shares
6.1.2 Top 20 Global Air Freight Forwarders by Revenue and Market Share
6.1.3 Top 20 Global Air Freight Forwarders by Tonnes and Market Shares
6.1.4 Top 20 Global Sea Freight Forwarders by Revenue and Market Shares
6.1.5 Top 20 Global Sea Freight Forwarders by TEUs and Market Shares
6.2.1 Revenues Comparison
6.2.2 Sea Freight Volumes Comparison
6.2.3 Air Freight Volumes Comparison
6.2.4 Margins Comparison
6.2.4.1 DSV Panalpina
6.2.5 Vertical Sectors Comparison
6.2.6 Forwarder service mix comparison
6.2.7 Technology Strategy
6.2.7.1 Digitalising the freight forwarding market
6.2.8 Digital platforms
6.2.8.1 Exploiting in-house capabilities
6.2.8.2 Exploiting off-the-shelf solutions
6.2.8.3 Mixed approaches
6.2.8.4 Partnerships
6.2.8.5 Conclusion
6.2.9 Investigating blockchain solutions
6.2.10 Sustainability Strategy
6.2.11 Expansion Strategy
6.2.11.1 Southern Asia and Asia Pacific
6.2.11.2 The Americas
6.2.11.3 Africa
6.2.11.4 Europe

7.0 Provider Profiles
7.1 Agility
7.1.1 Strategic Background
7.1.2 Finances
7.1.3 Operations
7.1.3.1 Operations: Global Integrated Logistics (GIL)
7.1.4 Strategic Outlook
7.2 Bollore
7.2.1 Strategic Background
7.2.2 Finances
7.2.3 Operations
7.2.4 Bollor Transport & Logistics
7.2.4.1 Bollor Logistics
7.2.4.2 Bollor Africa Logistics
7.2.5 Strategic Outlook
7.2.5.1 Expansion
7.2.5.2 Partnerships
7.2.5.3 Technology
7.3 CEVA
7.3.1 Background
7.3.2 Network
7.3.3 CEVA Volumes
7.3.4 CEVA Finances
7.3.5 CEVA and CMA CGM
7.3.6 Outlook
7.4 DB Schenker
7.4.1 Strategic Background
7.4.2 Finances
7.4.3 Operations
7.4.3.1 Air/Ocean Freight
7.4.3.2 Air Freight
7.4.3.3 Sea Freight
7.4.4 Strategic Outlook
7.5 DHL Global Forwarding, Freight
7.5.1 Background
7.5.2 Finances
7.5.2.1 Air Freight
7.5.2.2 Ocean Freight
7.5.2.3 Freight
7.5.2.4 Other
7.5.3 Outlook
7.5.3.1 ‘Strategy 2025’
7.5.3.2 myDHLi
7.5.3.3 Blockchain Technology
7.5.3.4 Moving Forward
7.6 DSV Panalpina
7.6.1 Background
7.6.2 Finances
7.6.3 Air & Sea Forwarding
7.6.4 Strategic Outlook
7.6.4.1 Moving Forward
7.6.4.2 Covid-19 Crisis Response
7.7 Expeditors
7.7.1 Background
7.7.2 Network
7.7.3 Expeditors Volumes
7.7.4 Expeditors Finances
7.7.4.1 Airfreight
7.7.4.2 Ocean Freight
7.7.5 Operations
7.7.5.1 Airfreight
7.7.5.2 Ocean freight
7.7.6 Outlook
7.7.6.1 Acquisition Strategy
7.7.6.2 Vertical Sector Strategy
7.7.6.3 Covid-19 Outlook
7.8 Kuehne + Nagel
7.8.1 Background
7.8.2 Network
7.8.3 Finances
7.8.4 Operations
7.8.4.1 Sea Freight Forwarding
7.8.4.2 Air Freight Forwarding
7.8.5 Outlook
7.9 Pantos Logistics
7.9.1 Operations
7.9.2 Freight Forwarding
7.9.2.1 Sea Freight
7.9.2.2 Air Freight
7.9.3 Finances
7.9.4 Strategy
7.9.4.1 Technology
7.9.4.2 Tapping into the Belt and Road Initiative
7.9.4.3 SME and SMB’s Business Opportunities
7.10 Sinotrans
7.10.1 Background
7.10.2 Operations
7.10.3 Forwarding and related business
7.10.4 Sea Freight and Air Freight Volumes
7.10.5 Finances
7.10.5.1 Forwarding and related business
7.10.6 Strategy
7.10.6.1 Sinotrans’ 13th Five Year Plan and the Trinity Business Model
7.10.6.2 Expansion in Europe
7.10.6.3 Consolidation
7.10.6.4 Technology

Companies Mentioned

• Agility
• Bollore
• CEVA
• DB Schenker
• DHL Global Forwarding, Freight
• DSV Panalpina
• Expeditors
• Kuehne + Nagel
• Pantos Logistics
• Sinotrans

For more information about this report visit https://www.researchandmarkets.com/r/qtxyji

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