President Jokowi asked local governments to intervene in food transportation in their regions to reduce inflation (12/9). The President conveyed this while chairing the Inflation Control Discussion Meeting at the State Palace, Jakarta, Monday (12/9/2022). All regional heads were instructed to use 2% of the general transfer funds immediately to ward off inflation. In addition…
Global container shipping turned a corner in the second quarter of 2022, according to the latest Quarterly Review of the market produced by MDS Transmodal and Global Shippers Forum. Covid lockdowns in China, suppressing the supply of manufactured goods and demand for raw materials, and plummeting sentiment in consuming countries due to rising interest rates…
The decline in global shipping volume has really occurred. The volume in the second half is projected to be lower than the volume in the first half of this year. There will be no peak season in the remaining months of the year. According to Peter Sand, a maritime analyst, this is really a nonpeak…
There is evidence that the rebranding of Pelindo Group post-merger has been working, creating good results for the group’s performance. The transformation, meanwhile, is being in the process. It has been done, is being done, and will always be done. Business changes will never end, thus transformation will always be continuous work. The Pelindo merger…
As Indonesia’s most completed training center in the maritime industry, in view of the programs it offers and the facilities it has, Pertamina Maritime Training Center (PMTC) commits to improving its training quality in line with international standards as set by IMO (International Maritime Organization). In addition, improving the training quality remains committed to creating…
Amid the economic pressures in the last few years that significantly disrupted the logistics and forwarding business, Gateway Container Line (GCL) is running steady, even better. Its revenue and profit grew higher and exceeded the target. Coming to its 13th anniversary this year, Gateway targets to be the biggest export consolidator in the country. Global…
Logistics cost has not been normal due to the skyrocketing shipping freight rate amid the pandemic. The trend has just started to be steady since early as the shipping freight rate slows down, but it is still far higher than the pre-pandemic. And now another trigger factor will surely make the logistics cost higher, the…
Ports around the world have been complaining for almost a year about the buildup of empty containers contributing to backlogs and supply chain disruptions. Recently, ports and regulators have looked at new measures to move piles of an empty containers. But Sea-Intelligence revisited its analysis of supply chain normalization and the potential impact on empty…
CMA CGM Group, a global leader in sea, land, and air logistics solutions, has been named Best Global Shipping Line at the Asian Freight, Logistics, and Supply Chain Awards 2022 (AFLAS). Voted by industry Shareholders, customers, global shippers, and readers of Asia Cargo News, this award demonstrates the tremendous public trust in CMA CGM as…
Container truck business actors throughout Indonesia Members of the Special Port Transport Organda (Angsuspel) and the Indonesian Truck Entrepreneurs Association (Aptrindo) are raising the cost of container and non-container transportation by 17 to 30%. They did this following increased subsidized fuel (diesel) from IDR 5,150 to IDR 6,800 starting September 3, 2022. Chairman of Organda…
