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Resurgence in Manufacturing Boosts Transport and Logistics Sector

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Resurgence in Manufacturing Boosts Transport and Logistics Sector

The transport and logistics sector has experienced a notable uptick in transaction volumes, reaching its highest levels in nine months, fueled by a resurgence in order volumes across the manufacturing sector.

Tradeshift’s Q1 Index of Global Trade Health reveals that activity levels within the T&L sector rose to within two points below the expected range in Q1, marking a significant improvement from tracking six points below that level over the previous two quarters. Meanwhile, demand signals in the manufacturing sector climbed to just one point below expectations, with new orders surpassing expectations by one point.

Across the Tradeshift network, total trade activity saw a one-point improvement compared to the previous quarter, although it remained three points below the anticipated range in Q1. Despite this being the ninth consecutive quarter of growth below expectations, it also signifies the third consecutive quarter of upward momentum following a period of sluggish activity.

Key highlights from the report include:

– China’s resurgence: Trade activity in China experienced a notable uptick, with transaction volumes growing by two points above the expected level, marking the highest rate in over two and a half years.- Momentum in the US: The US continued its momentum in Q1, with trade activity tracking one point above the baseline. Order volumes surged by an impressive seven points above expectations, building on the growth seen in the previous quarter.

– Eurozone improvement: Activity levels in the Eurozone improved to three points below the baseline in Q1, a significant turnaround from sinking as low as nine points below that level just six months earlier. New orders grew by six points above anticipated levels.

– UK struggles: While UK trade activity showed improvement, it remained four points below the expected level in Q1, with sluggish order volumes tracking five points below expectations.

James Stirk, CEO of Tradeshift, commented, “We’re witnessing consecutive quarters of robust order volume growth for the first time in two years, with the exception of the UK. While demand levels are on the path to recovery, normalization is still on the horizon. Short-to-medium-term recovery is likely to be fragile, with geopolitical uncertainty adding complexity.”

Despite the positive outlook, liquidity challenges persist for suppliers, potentially hindering supply chain activities. Although invoice payment times have decreased since their peak in Q3 2022, suppliers still face a 6% longer wait compared to pre-pandemic times.

Stirk added, “Cash flow is vital for supply chains, and many suppliers are running on empty after two challenging years. The longer payment delays persist, the greater the risk that an influx of new orders outpaces available working capital.”

A forthcoming joint venture between Tradeshift and HSBC aims to address these challenges by facilitating access to working capital through innovative financial services, including data-driven invoice financing.

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Delivering with Confidence: Tips For Properly Strapping Down Containers 

Protecting your goods during a long transit can be stressful. You can run into several challenges along the road. Fortunately, cargo transportation has never been easier than using a Shipping Container. These huge metal boxes can literally transport anything from fruit to potentially dangerous goods. They can even keep your cargo safe from outside forces.

Though, what exactly protects these heavy-duty containers during transit? Taking steps like using Ratchet straps, maintaining your tensioning tools and sticking with transportation regulations can ensure your container stays secure. Your container will remain safe the whole ride through. You won’t even have to worry about cargo loss. In this blog, we’ll go over some transportation container tips that’ll help you better protect your cargo box. 

Why You Should Properly Strap Down Your Container

For truck drivers, your main concern should always be protecting your load. The best way to do that is by staying compliant with the state laws. In the instance of a Shipping Container, the police can slap you with a hefty fine for improperly strapping down your cargo box. Even worse, refusing to strap down your container properly could lead to a fatal car accident resulting in multiple casualties. If you’re hauling an ISO tank container full of a chemical liquid, you definitely want to avoid a hazardous spill on the highway. You could be stripped of your certificates, licenses, permits and even lose your job. Be sure to make sure you’re following Industry regulations for securing your Shipping Container. Also, double check that all your Shipping Containers parts and tools are up-to-date. Protecting your Shipping Container means protecting yourself from the law as well. 

Properly strapping your container isn’t just the law though, it’s also crucial to protecting your goods. If you don’t practice Shipping Container strapping methods or use faulty hardware, you can almost guarantee that your container won’t be safe during transit. Investing in securement tools like straps, chains, lashing bars, and twist locks can ensure the safety of your container. It’s better to use high-quality tools for better performance, tensioning and security of the transportation container.  

For instance, Ratchet Straps are commonly used to tie-down containers due to their optimal tensioning, durability and adaptability to its dimensions. When it comes to choosing the right straps for container securing, they take the lead. A high-quality Ratchet Strap will make sure your container doesn’t fall away. 

Additionally, inspect your Shipping Container for any signs of damage that could lead to problems down the road. Specifically, check everything from the container’s locks, seals and alarm systems to ensure they’re working up to par. You want to make a habit of checking that all your equipment is functioning properly before taking off. 

In addition to inspecting your container, you must also examine your hardware as well. Make a habit of regularly examining your chains, straps, twist locks and friction mats for any early signs of wear and tear. Though it may be expensive, make some necessary replacements. Faulty equipment could lead to tensioning issues over your container and evidently, losing your cargo. If you catch these problems early on, you can prevent an incident such as this from happening. Even better, you can keep trucking away.  

What’s The Best Way To Strap Down A Shipping Container?

Ratchet Straps may be a must-have for many truckers. However, there’s various other container strapping methods for safe delivery to choose from. 

For instance, Direct Lashing involves having horizontal bars installed on the trailer’s side rails. They provide several attachment points for your straps and chains to be connected to, all while securing the container. In the end, these bars balance out the tension of your straps and stabilize the cargo box. However, there are a few disadvantages to using direct lashing methods. One of the biggest involves the possibility of damaging the cargo. While it may not directly come in contact with your container, the pressure applied over it could lead to denting or scratches. Also, lashing slows down your preparation process due to manual handling and constant readjustments. 

Another method for container boxed strapping is to use twist locks. Simply rest the corner castings of your container on top of the twist locks at the very end of the truck’s trailer. To secure it, turn the lock’s handle at a right angle. Fortunately, this safety feature keeps the container in place on your trailer throughout the whole ride. Even better, these locks improve loading time and provide better safety measures. Not to mention, they’re much easier to utilize. Given all of these great features, it’s obvious why truckers hauling ISO tank containers prefer them over other methods. 

However, these locks aren’t designed to handle all types of cargo, only Shipping Containers. Additionally, it’s imperative that twist lock design is compatible with the container and trailer. Otherwise, your cargo won’t be secure. 

Friction mats also reduce the chance of your container falling off your trailer. Their rubbery construction provides traction, which keeps your metal box sitting pretty and in place. However, keep in mind that friction mats aren’t a sufficient option compared to chains, straps or twist locks. They don’t provide multiple securement points like direct lashing does. Friction mats also don’t evenly distribute the weight of your cargo. 

Arguably, the best way to go about securing your cargo comes down to your Shipping Container needs. Each of these securement tools comes with their own set of advantages that could benefit your situation. In the end, decide what works best for you based on the job requirements.   

Stay In Line With Safety Regulations

Staying in line with industry regulations for container transportation can prepare you for the long drive ahead as well. You may be familiar with some of these rules already, such as the International Convention for Safe Containers (CSC) and the International Organization for Standardization Standards (ISO). These regulations cover the safe handling, construction, dimensions and identification of containers. Additional regulations to familiarize yourself with are International Maritime Organization (IMO) and the Safety of Life at Sea (SOLAS), which basically involves the safe transport of your goods aboard a ship. International Road Transport Union (IRU) regulations address loading procedures, driver safety practices and the requirements for a vehicle. On the other hand, Occupational Safety and Health Administration regulations (OSHA) promotes workplace safety and protects workers during Shipping Container transportation procedures. 

While these regulations are pretty common everywhere you go, another country may have additional compliance guidelines for the transportation of Shipping Containers. Make sure you’re aware of a country’s regulations beforehand. Otherwise, you could run into some serious trouble. 

Speaking of which, improper container strapping could lead to serious legal liabilities, including cargo liability claims and being held accountable for accidents and fines for overweight containers transported on the road. You could even have a lawsuit on your hands. In any case, you want to avoid any of these scenarios and make sure you’re meeting all transportation regulations. 

Fortunately for you, there’s a couple of ways you can stay up to date on the latest guidelines for Shipping Containers. You can participate in industry-led forums and safety seminars to get all the information you need. That way, you stay ahead of the game and are well-prepared for the transport of a container.

Helping You Become A Better Driver

Transporting a Shipping Container doesn’t just mean getting the job done, but also doing it right. Whether it’s your first time transporting a container or you’re seeking a safer method to do so, you must take several factors into consideration. Knowing the best strapping and loading methods for ISO tank containers, which safety regulations to comply with and inspecting your tensioning devices are three of the most important aspects of transporting a Shipping Container. Understanding these key points will help you excel at transporting a container and ultimately, become a better driver. 

Author’s bio

Matt has an extensive background as a Content Writer, writing articles on topics ranging from entertainment news to health and wellness. He currently works for Mytee Products as a Content Strategist. 

 

 

 

How is the largest cargo aircraft in the world used?

Imagining the largest cargo aircraft in the world almost seems impossible. Even the regular iterations of these planes seem unimaginably huge, but it’s the Antonov An-225 that truly shatters expectations beyond comprehension. There’s only one that’s fully operational in the world, which should show how special it really is!

Moreover, it’s not only the worlds largest cargo aircraft, but it’s also the world’s largest aeroplane; full stop! With importance and capabilities as great as these, it must be used for some highly extraordinary tasks. But how is it used?

Well, let’s explore this line of enquiry further below.

Cargo transportation

As previously mentioned, the Antonov AN-225 is principally a cargo plane. This means it transports goods from point A to point B. However, because of its size and scale, the An-225 carries loads that other aeroplanes simply aren’t built to carry. After all, air travel is extremely sensitive to things like weight – but the AN-225 can carry an impressive 250 tons worth of weight.

Interestingly, charter company Chapman Freeborn recorded and coordinated the first ever use of the AN-225; a cargo transportation from Switzerland to Bahrain. Obviously, because of the special nature of this cargo plane, it does not enjoy as much varied or common usage as it’s perhaps more regular counterparts, who’re experiencing a greater boom in activity in recent years. It’s typically only brought out under special circumstances; i.e. a huge cargo to be transported! 

What cargo?

Of course, the plane doesn’t just ferry around any mundane and generic cargo that most planes do! No, initially, the AN-225 was built for a very specific and exciting purpose; to transport parts and components of the Buran space shuttle for the Soviet Union! Yes, it was built to facilitate the space race at a faster rate with its six powerful turbofan engines and 32 wheels to evenly distribute its weight.

Obviously, this level of use makes the plane not only important in usage, but historically significant too. People are endlessly researching its capabilities, and wondering about the possibilities of a second plane, which ultimately never finished its development. Consequently, the An-225 is certainly one of a kind – at least for now!

A tourist attraction

It’s far from being as cheap and tacky as it sounds, but because of the exceptional make and performance of the plane, something that’s been as magnificently crafted as the AN-225 is going to draw a few keen eyes. Visitors have traveled far and wide to catch a glimpse of the cargo plane in action, and most efforts end without a sighting due to the AN-225’s more exclusive nature in its usage.

Still, people do endeavor to witness the planes majesty for themselves and has historically been revered from when it was on display at the Paris Air Show in 1989, just a year from its first flight the year prior. There’s not quite a fledging industry built around it today due to its rare usage, but nevertheless, it is used as a tourist attraction in select periods of inactivity or pre-flight preparations. All it takes is one video to circulate the internet, and media buzz follows up soon after! Few planes (except for perhaps something like Air Force One) can influence that level of reaction, so doing so is undoubtedly an impressive feat!

Ultimately, the AN-225 has enjoyed a wide variety of media coverage and cargo transportation usage. It’s a cargo plane unlike any other and unrivalled in its capabilities, meaning it will stand the test of time for decades to come.

Ethiopian Airlines Awarded Gold Prize

For the second time in a row, Ethiopian Airlines earned the gold prize during the Customers Annual Meeting. This award recognizes the airline as the top performing cargo transportation airline. Additionally, the airline boasts the largest share of international cargo transportation at Baiyun International Airport in Guangzhou.

“We are very honored that Guangzhou Airport has recognized us with this prestigious award. Ethiopian Cargo & Logistics, which operates 9 ultra-modern Boeing 777 Freighters, each with 100 tons uplift capacity, is facilitating trade flow between Africa and the rest of the world, thereby contributing to the economic development of the continent.,” Tewolde GebreMariam, Group CEO of Ethiopian Airlines.

“It is playing an important role in the success of the China One Belt One Road Initiative by availing critical air infrastructure that is boosting cargo export and import between Africa and China. I wish to thank all my colleagues at Ethiopian Cargo & Logistics for this well-deserved recognition and encourage them to work even harder to support Africa’s economic transformation,” he concluded.

Source: Small World Marketing