Received this well-written email. I might not agree with everything in this email but it does raise the most important issues for Australia. I encourage all Australians including all soldiers who fight for Australia to read this. === Next month we will commemorate Anzac Day. This day is to remember the brave soldiers and other…
Tech Sabado and
Newsbytes.PH, startup “rockstar” Earl Valencia narrated his journey from being a Silicon Valley-based tech executive to a co-founder of local startup incubators and now back in the US as one of the man behind a lending startup focused on the Philippines.
A native of Davao, Valencia took his primary and secondary education in the Philippines. He was already on this 3rd year in the UP College of Engineering in Diliman when he migrated with his family to the US. There, he obtained his Bachelor of Science in Electrical Engineering degree from Boston University, finishing
summa cum laude. He then acquired a Masters in Systems Engineering degree from Cornell University and an MBA from the Stanford Graduate School of Business.
Before leading the Technical Advisory Board of the Office of the Converged CTO for Dell EMC in New York, he co-founded the QBO Innovation Hub, the National Innovation Center of the Philippines and IdeaSpace Foundation, and even became the vice president of Corporate Development and Innovation at Smart Communications.
Container xChange undercover survey: Forwarders failing to tap latent shipper-owned container capacity to tackle shortages
Mystery Shopper’ undercover survey of the world’s 50 largest freight forwarders finds acceptance of Shipper Owned Containers (SOC) is improving, but remains a rarity despite container shortages
Just 10% of forwarders surveyed could source an SOC and organise the shipment from China to Europe, finds latest Container xChange report
Commenting on the results, logistics guru Wolfgang Lehmacher says greater use of SOCs can “empower” forwarders and NVOCCs, and reduce container shortages, shipping costs and risk
Supply chain logjams and box shortages could be reduced if forwarders were more willing to accept shipper-owned container (SOC) moves, according to Container xChange’s 2021 ‘Mystery Shopper’ survey of the freight forwarding market.
Alexander Kliem - Pixabay With container lines experiencing a severe shortage of containers a “mystery shopper” survey of major freight forwarders by Container xChange found only 10% could source shipper owned containers (SOC) rather than accepting carrier owned container (COC) shipments.
In the undercover survey Container xChange sourced quotes from 50 forwarders for a shipment of industrial coffee machinery parts from China to Germany, with 45 days storage in the container and the use of an SOC box.
The survey found that while 12 forwarders accepted the booking only five, or 10%, could actually move and source an SOC container. Of the remaining 12 forwarders that accepted booking two offered to buy the container on behalf of the shipper, and five others suggested that the company supply its own container.