Ada Cheong

10
Jan

Reducing Import Duties & Start Saving: Duty Deduction Program

Reducing Import Duties & Start Saving: Duty Deduction Program With rising supply chain costs, it has become more common for businesses that import goods to explore new ways to minimize unnecessary spending and improve profitability. One area of opportunity is reducing the duty paid on transportation costs. Did you know there is a range of charges possibly built into the
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21
Dec

Market Update – December 2021

Market Update - December 2021 For many professionals in the global logistics sector, to say that 2021 has been a challenging year would be an understatement. Persistent port congestion, skyrocketing ocean freight rates, sustained capacity reductions, and cargo delays are just a few examples of the global supply chain disruptions many shippers have had to endure in the past year.
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25
Nov

Market Update – November 2021

Market Update - November 2021 From the port closures in Shenzhen earlier this year to the more recent cargo logjam on the U.S. West Coast, the supply chain crisis continues to make headlines globally and leaves importers worldwide perplexed about the low inventory levels heading into the busy holiday season. Although the industry recently saw a fall-off in container freight
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24
Nov

VMS® Vessel Map – Enhanced Visuals and Control

VMS® Vessel Map – Enhanced Visuals and Control Shipment visibility is more important today than ever before. Vessel schedules are changing almost daily with vessels backed up at ports and missing normal rotations. Century’s teams are working to improve visibility by capturing and verifying information from myriad sources including carriers, websites, portals, and other networks. We just released an enhanced

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9
Nov

What China’s Energy Crisis Means for the Global Supply Chain

What China’s energy crisis means for the global supply chain As China contemplates its strategies to combat the soaring coal prices and energy shortages, millions of households in the country have experienced sporadic power cuts with virtually no prior warnings as a result of the government’s power rationing to ensure balanced electricity consumption. Similarly, the energy crisis has also disrupted

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21
Oct

Market Update – October 2021

Market Update – October 2021 While the world has adapted to a new normal with initial uncertainties of COVID-19 becoming an accustomed phenomenon, the crisis in global supply chains following the pandemic seems to be here to stay. Before a more desirable balance between demand and supply returns, many shippers believe the constraints with never-ending port congestion, sustained increases in

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23
Sep

Market Update – September 2021

Market Update – September 2021 As we move deep into the peak season with many in the supply chain feeling like the previous peak  never ended, the crisis initially unleashed by the COVID-19 pandemic has translated into prolonged challenges that many shippers believe may leave a permanent scar on the logistics industry. Global port congestion, scarce ocean and equipment capacity,

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6
Sep

Preparing for China’s Golden Week 2021

Preparing for China’s Golden Week 2021 China’s Golden Week is just around the corner! Please see the holiday arrangement for the Century team as follows: Century’s offices, in mainland, will be closed from October 1st (Friday) to October 7th (Thursday) for the Chinese National Holidays, with skeleton staff available to handle any priority shipments or urgent enquires. Century’s office will reopen on

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19
Aug

Market Update – August 2021

Market Update – August 2021 Dire shortage of carrier space, unreliable vessel schedules, and skyrocketed freight rates – what many thought were temporary aberrations due to COVID-19, became prolonged challenges that shippers have had to endure for over a year. In times of highlighted volatility, responding to disruptions in your supply chain based on genuine and real-time information is especially

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10
Aug

Century Named as One of SupplyChainBrain’s 100 Great Supply Chain Partners 2021

Century Named as One of SupplyChainBrain’s 100 Great Supply Chain Partners 2021 Century is proud to share the following news from SupplyChainBrain that we have once again been named as a winner of its “100 Great Supply Chain Partners” list in 2021. “SupplyChainBrain has maintained a tradition of celebrating 100 Great Supply Chain Partners for nineteen consecutive years. 2021 once
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