News / Major box carriers to launch association to harmonise digitalisation in shipping

first_img Shipping lines from each of the alliances have formed an association in a bid to develop “digitalisation, standardisation and interoperability”.The move follows last week’s announcement of a joint blockchain platform comprising the Ocean Alliance and Yang Ming from THE Alliance, which triggered questions as to how the industry would standardise, given Maersk’s involvement with rival platform TradeLens.But while all the alliances are represented in the new association, it includes only Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express for now. However, the association – which is neutral and non-profit – has said it will “welcome new members with open arms”.It said it would be operating from early 2019, subject to any regulatory requirements and puts shipping a step closer to creating a cohesive IT infrastructure across the industry. “It’s in the customers’ and stakeholders’ best interest, if container shipping companies operate with a common set of information technology standards,” said André Simha, chief information officer of MSC and group spokesperson.“We are striving for less red tape and better transparency. The timing is right, as emerging technologies create new customer friendly opportunities. Together, we gain traction in delivering technological breakthroughs and services to our customers compared with working in our own closed silos.”The association states firmly that it has no intention of developing or operating any digital platform, but aims to “ensure interoperability through standardisation”.Noriaki Yamaga, managing director, corporate & innovation, at Ocean Network Express, said: “ONE sees a wave of innovation technology development in shipping and logistics industry over the recent years, which can bring good opportunity to the whole industry for digital transformation.“But, at the same time, we’re a little bit cautious about adopting new technology by an individual company since there is no common standard in the market which may be ending up with re-integrating work among all stakeholders in the supply chain.“With this mind, we feel it would be necessary to do some discussion and collaboration on the area of new technology and innovation to establish common IT standards and governance for the industry to streamline and digitise shipping process in a modern way.”Adam Banks, Maersk chief technology officer, added that “a joint set of technical standards will ensure interoperability and enable all parties to concentrate on value adding differentiation … [benefiting] all parties in our customers’ supply chains”. By Alex Lennane 15/11/2018last_img read more

Vermont gasoline prices down over 35 cents since last year

first_imgAverage gasoline prices continue to fall in Vermont and across the nation. According to vermontgasprices.com, average prices in Vermont this week are $3.549 per gallon, down from $3.569 a week ago, $3.699 a month ago and $3.910 a year ago. The national average this week is $3.374 and was $3.739 a year ago. In Vermont, the lowest gasoline prices are in Rutland ($3.35) and the highest are in Montpelier ($3.73).GasBuddy, a national rating service, has assembled several gasoline price facts:1.      As of October 15, the US average has had a streak of 70 consecutive days where the price was lower than the same day last year. On August 6, 2013, the US average of $3.628 gal was the last time the country saw a price higher than last year on the same date. (On August 6, 2012, the average was $3.619 gal.)2.      Less than 1% of the country is over $4.00 gal; last year at this time, 15% of the United States saw prices over $4.00 gal.3.      Across the country, the average difference between the highest 1% of stations ($4.140 gal) and the lowest 1% of stations ($2.944 gal) is only $1.196 gal, a smaller differential than last week ($1.256 gal,) last month ($1.241 gal,) and last year ($1.508 gal.)4.      There are six states with over 1% of stations reporting gas stations with prices over $4.00 gal: Connecticut (1.2%,) New York (1.3%,) Nevada (1.4%,) California (4.32%,) Alaska (24.1%,) and Hawaii (95.1%.) Alaska and Hawaii both have nearly 2% of stations over $4.50 gal. Last year, there were only four states that reported no stations over $4.00 gal: Delaware, Mississippi, Tennessee, and Indiana.5.      There are three states where the most common price is under $3.00 gal: Missouri, Nebraska, and Oklahoma, all at $2.999 gal. (Hawaii is the only state with a most common price over $4.00 gal at $4.059 gal.) Last year, there weren’t any states with a most common price under $3.00 gal.6.      Not surprisingly, Hawaii’s highest 1% of stations is averaging the highest price at $5.112 gal. This is also the only state where the highest 1% is over $5.00 gal. Meanwhile, Oklahoma has the lowest 1% of stations averaging the least expensive price, at $2.871 gal.7.      At 42%, Missouri has the most stations under $3.00 gal; last week, only 26% of the stations in the state could say the same. Oklahoma has the second most stations reporting prices that low, with 24% of them under $3.00 gal.Source: GasBuddy.comlast_img read more

Clash points II

first_imgTo continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Subscribe now for unlimited access Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Get your free guest access  SIGN UP TODAYlast_img read more