2021 has been a year filled with almost unbelievable success and achievements.
At Phoenix International Co, we’re grateful for our amazing team and clientele.
Our team have gone above and beyond during this year 2021.
Check out our December Newsletter to get Phoenix International Co’s 2021 in a nutshell.
#freight #kuwait #logistics #yearend #content #success #teamwork #PhoenixIntlCo
We handle international transport management with more than 13 years of experience in the customs market. To know more information about our services, Contact us!
International Shipping has been one of the important channels to increase export and import relations. Nowadays, when we see the shipping industry increasing at a greater scale, scams also increase faster. It is a common practice when people face cheating and fraud in export or import. Today, we will break down the kinds of scams the shipping industry faces internationally.
The scam which we will be discussing is “Duplicate and Similar Name Scam.”
What is a “Duplicate and Similar Name Scam”?
This scam is popular as many people have started using the same name to cheat shippers out of money. Industry can indeed have the same name as the new companies are trying to use the brand loyalty of the old company to gain customers’ trust and brand recognition.
Scammers tend to influence people to steal money by using the name of a company already having goodwill.
Steps to avoid this scam?
When we know this scam is there, we should be aware of how to avoid it.
1) Check the URL – When using the URL, check if the company name is the same and if it’s misspelt.
2) Try to search if the company name has its domain or not.
3) Try to see if the content written is poorly spelt or has grammatical errors.
4) The quality of the logo should be checked to avoid scams.
5) Check the content consistency which means that some of the sites have very little content which is a sign that they are someone who lacks a team. Hence, when anyone checks the site, it should be clear that it is not the original shipping site.
7) Sometimes, the content is copied from a website that has not been in use for many years.
The stolen name and website scams are some of the common fraudulent practices that are carried forward in international shipping.
It is advisable that while choosing a freight forwarder, do your research. Please make sure whatever you choose is reputable with years of experience, can offer references, and are who they say they are.
Freight scams are increasing, but they should be first identified, which is a challenge. If we can identify these scams, we can make international trade relations stronger and easier.
The main aim is to reduce scams and prevent the shipping industry from following the rules and regulations.
In the end, we would like to conclude by saying that check before you sign up as it is you who can prevent yourself from such scams.
Transport links remain blocked as B.C. declares state of emergency. B.C. premier John Horgan declared a state of emergency in the province in November 17th as road and rail connections between the lower mainland and the rest of the country remain blocked.
“Already-strained supply lines are at risk of greater disruption,” Horgan said. The state of emergency will “help us secure supply chains and make sure essential goods and emergency services can reach hard-hit communities. We’re confident we can restore our supply chains in a quick and orderly manner, and the state of emergency will now help us do that.”
In spite of Horgan’s optimism, businesses with supply chain links through the province are less positive. A food products importer said they expect the delays to be greater than two weeks as work begins to clear and repair roads and rail lines.
“Right now, trucks aren’t very useful to the recovery actions,” said Triton Transport vice-president and general manager, Jared Bragg on LinkedIn.
“Most cargo will find a way, options exist through the US if too large for Highway 3, and this will require bond creation and additional permitting. A lot of patience will be required while our BC community navigates this disaster and formulates both short and long term plans.”
Delays at Port Vancouver
The Port of Vancouver is expecting delays to intensify. The “gateway is experiencing significantly disrupted rail and truck movement due to flooding throughout the Metro Vancouver and Fraser Valley regions,” it said in a statement. Marine terminals are still operating, however, “vessel delays and heightened anchorage demand due to disrupted terminal operations are expected.”
CN and CP main rail corridors are not currently operational between Vancouver and Kamloops due to washouts and landslides. Both CN and CP crews are clearing debris and conducting repairs at multiple sites with progress being made in restoring some impacted rail sections. A timeline for fully restored rail operations to the west coast is not yet available.
It’s clear the repairs will take some time. Washed out bridges will be costly and complex to replace, and rail line breaches in remote areas can be a challenge to reach. Reports from people on the ground suggest that competition for earth moving and construction equipment has pushed prices sky high. The railways are apparently willing to pay three to four times the going hourly rate and are paying to move machines around.
Business impacts
Shippers and their customers across the country are scrambling to find solutions. From booksellers to giant retail chains, missed or overdue shipments at the busiest shopping time of year will cut into revenues.
“Supply chain disruptions are hitting at the worst possible time for small businesses. Many rely on holiday sales to get in the black or build a reserve for the lean months at the start of the new year, but businesses are reporting shortages or delays in everything from equipment parts to concrete to seasonal décor, and the developing situation in BC will likely exacerbate that,” said Corinne Pohlmann, senior vice-president of National Affairs at CFIB.
“I feel for everyone impacted with this disaster,” said Nick Nanos, chief supply chain officer at Ontario’s liquor retailer, the LCBO. “We are monitoring the situation at the Port of Vancouver and are working closely with our partners to understand any impacts to our business, particularly the import of some international wines.”
In an email, Alison Scarlett, Giant Tiger’s AVP communications and public relations, said the company’s “transportation team is exploring all alternatives to circumvent the immediate problem, and what may be longer-lasting congestion impacts, to the Canadian supply chain system, as well as to minimize the impact on the stores and communities we serve.”
Short-term solutions may include choosing air freight for critical supplies, while the railways are working to re-route commodity shipments through the United States.
No alternatives
But for some businesses, like Books & Company in Picton, Ontario, there are no alternatives. David Sweet, who co-owns the bookseller with his wife Barb, said he is waiting on at least one order from distributor Raincoast Books in Vancouver. Under the current circumstances Raincoast has no idea when they’ll be able to move orders out of the warehouse, and Sweet says he’ll lose sales because there are no other places to source certain titles. Airfreight is just too costly.
“Coming up to Christmas, I’m sending them at least one order a week,” Sweet said. “Some titles I just won’t be able to get because they are the only distributor.”
He added that although there are other distributors for popular titles like the Harry Potter series, they are beginning to run out as well, meaning disappointed customers and reduced sales across the board.
Source: Inside Logistics. 18th Nov, 2021
Please contact atul.roy@coleintl.com for further information and to discuss options based on your specific situation.
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