British Ton vs US Ton vs Metric Ton (Tonne)

British Ton US Ton Metric Ton
2240 lbs 2000 lbs 1000 kgs

If the World of Metrics wasn’t already confusing enough for you, just look at below.

The British ton is the long ton, which is 2240 pounds, and the U.S. ton is the short ton which is 2000 pounds.

Both tons are actually defined in the same way. 1 ton is equal to 20 hundredweight. It is just the definition of the hundredweight that differs between countries. In the U.S. there are 100 pounds in the hundredweight, and in Britain there are 112 pounds in the hundredweight. This causes the actual weight of the ton to differ between countries.

To distinguish between the two tons, the smaller U.S. ton is called short, while the larger British ton is called long.

There is also an third type of ton called the metric ton, equal to 1000 kilograms, or approximately 2204 pounds. The metric ton is officially called tonne. The SI standard calls it tonne, but the U.S. Government recommends calling it metric ton.

Source www.onlineconversion.com

 

Saturday, August 17, 2019

Top 35 Ocean Carriers 2019

In terms of number of teus and vessels operated by the carriers.

RANK OPERATOR TEU SHIPS
1 APM-Maersk 3,524,325 714
2 Mediterranean Shipping Co (MSC) 3,086,793 515
3 COSCO Group 2,487,510 479
4 CMA CGM Group 1,799,358 507
5 Hapag-Lloyd 1,501,838 220
6 ONE (Ocean Network Express) 1,045,750 224
7 Evergreen Line 677,703 204
8 Yang Ming Marine Transport Corp. 585,078 103
9 PIL (Pacific Int. Line) 553,048 138
10 Hyundai M. M. 544,504 75
11 Zim 541,100 82
12 Wan Hai Lines 368,620 97
13 IRISL Group 367,249 50
14 KMTC 357,267 67
15 Antong Holdings (QASC) 341,746 115
16 X-Press Feeders Group 232,579 83
17 Zhonggu Logistics Corp. 160,427 98
18 SITC 125,468 83
19 SM Line Corp. 98,747 22
20 TS Lines 94,387 38
21 Arkas Line/EMES 93,769 43
22 Sinotrans 84,737 39
23 Sinokor 74,712 46
24 Salam PacificIndonesia Lines 71,408 53
25 Emirates Shipping Line 67,417 10
26 RCL (Regional Container Line) 66,199 30
27 Grimaldi (Napoli) 53,069 39
28 UniFeeder 52,221 41
29 Swire Shipping 51,549 26
30 Matson 46,274 24
31 Heung-A Shipping 46,227 37
32 Swire Shipping 43,746 29
33 Emirates Shipping Line 43,710 9
34 Matson 43,310 26
35 RCL (Regional Container Line) 42,416 23
Friday, August 16, 2019

Industry Disruption

I have over 20 years experience in this industry. Dating back to when the most common method of communication was FAX and everyone was just getting used to email and sending documents in an attachment.

Over the period of decades I have witnessed many disruptive companies emerging out of nowhere. Some were successful others don’t. However there was a common trend, as given the nature of our industry we have a very limited tricks up our sleeves to grab the market share.

First and foremost is pricing. Especially for SME importers and exporters. They all sold at cost or below to grab these SME, and build up clientele. Large sized clients differ in their demand of services, so they gradually come along as you build up your brand in the market. Pricing is a priority for them but not the topmost.

Once they had acquired sufficient market share or enough to afford the increase in their pricing, they made appropriate changes to their offerings.

Nothing I have said, is unfamiliar with anyone who has been in this industry for a couple of years. It’s a common tactic followed by every company who wanted to grab a large market share in a relatively shorter period of time. It’s been true since Adam and almost in every industry. Amazon, Uber you name it

Friday, August 16, 2019

Boeing 747-400F (Freighter): Specification

Metric Imperial
Maximum take-off weight 396 900 kg 875 000 lbs
Maximum revenue payload 113 000 kg 249 000 lbs
Dimensions
Wing span 64,40 m 211 ft
Height 19,40 m 63 ft
Overall length 70,70 m 232 ft
Cabin width (floor level) 5,90 m 19 ft
Cabin length 56,40 m 185 ft
Typical volume capacity
Main Deck 610,1 m3 21645 ft3
Lower compartments (bellies) 130,3 m3 4601 ft3
Bulk 14,7 m3 520 ft3

The 747-400F (Freighter) is an all freight version of the 747-400. While using the updated systems and wing design of the passenger versions, it features the original short upper deck found on the classic 747s to reduce weight. The 747-400F has a maximum takeoff weight of 875,000 pounds (396,890 kg) and a maximum payload of 274,100 pounds (124,330 kg). The -400F can be easily distinguished from the passenger -400 by its shorter upper-deck hump and lack of windows along the main deck.

The model’s first flight was on May 4, 1993, and entered service with Cargolux on November 17, 1993. Major customers included Atlas Air, Cargolux, China Airlines, Korean Air, Nippon Cargo Airlines, Polar Air Cargo, and Singapore Airlines.

The 747-400F has a main deck nose door and a mechanized cargo handling system. The nose door swings up so that pallets or containers up to 40 ft (12 m) can be loaded straight in on motor-driven rollers. An optional main deck side cargo door (like the 747-400M Combi) allows loading of dimensionally taller cargo modules. A lower deck (“belly”) side door allows loading of unit load devices (ULD) up to 163 cm in height. Boeing delivered 126 Boeing 747-400F aircraft with no unfilled orders as of November 2009. The last -400F was delivered to Nippon Cargo Airlines on August 2, 2008.

A 2008 747-400F value new was $101 million, a 2003 aircraft was leased $400,000 per month in 2019 for a $29 million value while a B747-400BCF was priced at around $10 million.

Wikipedia / en.wikipedia.org
Boeing 747-400F (Freighter)
The 747-400F (Freighter) is an all freight version of the 747-400. While using the updated systems and wing design of the passenger versions, it features the original short upper deck found on the classic 747s to reduce weight
Monday, August 12, 2019

Uber Stock Plunges After $5 Billion Loss, Revenue Miss In The Second Quarterpermalink

qz.com

Uber’s share price sank today after the company reported a $5.2 billion loss in the second quarter—yes, that is billion with a “b”—on sales that fell short expectations. The massive loss, revealed after the market closed yesterday, was partly expected. Uber went public in May, and a $3.9 billion stock-based compensation bill came due in the second quarter. But the actual loss proved nearly 50% greater than the $3.6 billion figure analysts had pencilled in.

I literally dropped my jaw, when the news first broke out. They have never been profitable since their inception. And now they have set a new record of a quarterly loss by their own standards. For myself and everyone else not-in-the-billionaire-club yet, I will break it down, that how large $5 Billion a sum of an amount is.

1.5 M x 40 HC (@ Avg. $3500/ea)
20    x Boeing 747-400F (@ Avg. $250M/ea)
5     x 21000 TEU Container Ships (@ Avg. $950M/ea)

 

Monday, August 12, 2019

StartUps and Storytelling: Do People Believe In It Too?

All startups nowadays tend to overly focus on storytelling. They try to make a story just out of everything they do. Which is pretty cool actually.

However it’s totally irrelevant, if you can’t make people believe in too. It’s just not a strategy. It’s an art which was mastered by Steve Jobs.

Everyone believed in his narrative. Partly because he himself was deeply involved in the product building and partly so he tried to keep it as realistic as possible. So his choice of words and it’s delivery before the audience looked spontaneous. And everyone believed whatever he said.

So the best person who should tell a story is the one, who himself/herself is deeply involved in the product and just not reading the script., and let him/her write it too.

Sunday, August 11, 2019

DSV + Panalpina Merger Stats FY2018

DSV can’t hold its breath to takeover Panalpina which significantly is going to boost their airfreight volume to 1.5 Million tons per year. They are planning to complete the takeover in Q3 instead of Q4 as previously reported.

DSV Panalpina
Employees 47,400 14,500
Annual Turnover US$ B $11.86 $5.85
Airfreight (Tonnes) 689,000 1,039,000
Sea Freight (TEU) 1,442,000 1,484,000
Road Freight (turnover) US$ B $4.68 $0.29
Logistics Centers (m2) 5,500,000 500,000

Sunday, August 11, 2019

Top 20 Importing Countries 2019

Rank Country Imports (billions of USD)
1 USA $2,409.38
2 China $1,960.29
3 Germany $1,217.39
4 Japan $822.25
5 United Kingdom $682.92
6 France $679.20
7 Hong Kong $600.61
8 Netherlands $586.76
9 South Korea $525.51
10 Canada $474.90
11 Italy $471.69
12 India $460.41
13 Belgium $451.12
14 Mexico $411.58
15 Singapore $366.25
16 Spain $355.95
17 Russia $308.00
18 Chinese Taipei $274.03
19 United Arab Emirates $262.00
20 Turkey $242.18

Saturday, August 10, 2019

Top 50 Airfreight Forwarders 2019

Rank 2019 Company Headquarters Metric Tons
1 DHL Supply Chain Germany 2,150,000
2 Kuehne + Nagel Inc. Switzerland 1,743,000
3 DB Schenker USA Germany 1,377,000
4 Panalpina Inc. Switzerland 1,038,700
5 Expeditors International of Washington United States 1,011,563
6 UPS Supply Chain Solutions United States 935,300
7 Nippon Express Co. Japan 899,116
8 DSV Air & Sea Ltd. Denmark 689,045
9 Bollore Logistics France 640,700
10 Kintetsu World Express Japan 580,228
11 Hellmann Worldwide Logistics Germany 578,007
12 Sinotrans Ltd. China 533,300
13 Ceva Logistics Switzerland 476,600
14 Apex Logistics International United States 430,000
15 Agility Logistics Switzerland 415,000
16 Kerry Logistics Network Hong Kong 409,127
17 Yusen Logistics Japan 368,198
18 Geodis France 357,024
19 Crane Worldwide Logistics United States 337,300
20 Dachser SE Germany 335,500
21 NNR Global Logistics Japan 315,011
22 Hitachi Transport System Japan 300,000
23 FedEx Logistics United States 276,400
24 Pilot Freight Services United States 230,000
25 C.H. Robinson Worldwide United States 225,000
26 Dimerco Express Group Taiwan 224,100
27 EFL Sri Lanka 196,875
28 Logwin Logistics Germany 180,000
29 Damco International The Netherlands 176,000
30 Cargo-Partner Austria 173,247
31 Trinity Logistics USA United States 156,200
32 AWOT Global China 141,766
33 Mainfreight Ltd. New Zealand 127,174
34 Toll Global Forwarding Australia 106,600
35 Nissin Corp. Japan 100,000
36 Beijing Harmony Shipping & Fowarding Agent Co. China 100,000
37 TransGroup Global Logistics United States 86,000
38 BDP International United States 76,000
39 OIA Global United States 75,000
40 XPO Logistics Inc. United States 72,600
41 Seko Logistics United States 70,000
42 Imperial Logistics South Africa 53,660
43 CJ Logistics South Korea 53,575
44 Mallory Alexander International Logistics United States 50,000
45 BEL International Logistics Ltd. Hong Kong 50,000
46 APL Logistics Singapore 47,135
47 Scanwell Logistics United States 40,000
48 Shanghai Hengrong International Transportation China 40,000
49 Sankyu Inc. Japan 38,756
50 Cargo Services Far East Ltd. Hong Kong 31,000

➡️ Top 50 Ocean Freight Forwarders 2019

Saturday, August 10, 2019

Top 50 Ocean Freight Forwarders 2019

Kuehne + Nagel is not only at the top, but also it has a massive lead of over 1.3 Million containers to the runner up.

Rank 2019 Company Headquarters Containers
1 Kuehne + Nagel Inc. Switzerland 4,690,000
2 Sinotrans Ltd. China 3,360,300
3 DHL Supply Chain Germany 3,225,000
4 DB Schenker USA Germany 2,219,000
5 Panalpina Inc. Switzerland 1,484,100
6 DSV Air & Sea Ltd. Denmark 1,442,348
7 Kerry Logistics Network Hong Kong 1,196,607
8 Expeditors International of Washington United States 1,167,820
9 C.H. Robinson Worldwide United States 1,000,000
10 Hellmann Worldwide Logistics Germany 901,698
11 Bollore Logistics France 864,000
12 Fr. Meyer’s Sohn Germany 850,000
13 Ceva Logistics Switzerland 786,600
14 LF Logistics Hong Kong 778,796
15 Geodis France 777,675
16 Yusen Logistics Japan 774,822
17 Agility Logistics Switzerland 710,000
18 Nippon Express Co. Japan 686,206
19 Kintetsu World Express Japan 663,915
20 OOCL Logistics Hong Kong 646,000
21 Damco International The Netherlands 639,132
22 UPS Supply Chain Solutions United States 600,000
23 Logwin Logistics Germany 600,000
24 Worldwide Logistics Ltd. China 580,325
25 Hitachi Transport System Japan 532,000
26 Dachser SE Germany 522,300
27 Toll Global Forwarding Australia 503,400
28 China Resources Logistics (Group) Ltd. Hong Kong 500,000
29 Honour Lane Shipping Hong Kong 447,846
30 Mallory Alexander International Logistics United States 400,000
31 Kingway Transportation Company China 400,000
32 Cargo-Partner Austria 314,067
33 Mainfreight Ltd. New Zealand 311,586
34 BDP International United States 302,000
35 Chinatrans International Logistics China 300,000
36 CJ Logistics South Korea 279,802
37 Zhejiang Jiulong International Logistics Co. China 250,000
38 Dimerco Express Group Taiwan 241,300
39 Nissin Corp. Japan 215,000
40 De Well Group United States 210,000
41 Cargo Services Far East Ltd. Hong Kong 200,000
42 Sino-Ocean Group China 192,000
43 Zhejiang Chasen Freight Forwarding Co. China 180,000
44 CWT Ltd. Singapore 170,000
45 NNR Global Logistics Japan 167,100
46 EFL Sri Lanka 164,495
47 Topocean Group Inc. United States 156,000
48 Long Sail International Logistics Co. China 150,000
49 Noatum Logistics Spain 141,000
50 TransGroup Global Logistics United States 140,200

➡️ Top 50 Airfreight Forwarders 2019

Thursday, August 8, 2019