Did You Know...
Our IFT staff has the capabilities of assisting our customers in various languages such as English, Korean, Chinese (Mandarin), German, Finnish, Spanish, Polish and Russian. We pride ourselves in being able to help our customers in their own language along with knowing the cultural background of different countries.
In the Industry
Shipping Confidence Unchanged at Four-Year High
Shipping confidence held steady in the three months to end-May 2018, according to Moore Stephens' latest Shipping Confidence Survey.
The average confidence level was unchanged at the four-year high of 6.4 out of 10.0 recorded in February 2018. Moore Stephens said that the likelihood of respondents making a major investment or significant development over the next 12 months was down on the previous survey from 5.5 to 5.2 out of a maximum possible score of 10.0.
The number of respondents expecting higher freight rates in both the tanker and container ship sectors was up, from 39% to 50% and from 38% to 43% respectively. In the dry bulk trades, such expectations were unchanged at 54%.
"We first launched the survey in 2008 just months before the Lehman Brothers bankruptcy which was to trigger a protracted global financial recession. Shipping markets were buoyant at the time, with an average confidence level of 6.8 out 10.0."
"Confidence may have fluctuated, but it has never collapsed, and portents for the coming decade can reasonably be expected to be better," Moore Stephens concluded.
New At IFT
Processor to South Africa
IFT was recently handling
the shipment of cargo that originated in Ohio bound
for South Africa.
The equipment consisted of
two pieces, one a pressure vessel and the other a
pre-assembled cylinder, used
in the food processing
industry. The machinery is utilized in heating food
during the procedure.
Starting the journey in Ohio, the units were loaded for the overland trip to the North Charleston Terminal. Once in the terminal, the pieces were loaded ship side as one unit
for the next leg of the
shipment taking it to
All went well with the
transport of the equipment.
Thomas Krusin, Kristine Borden and Tyler Cragun attend the Managers Meeting in Jacksonville
June 12th was the date for
the IFT managers to get together in the new office in Jacksonville, Florida. Discussions were held to determine the directions IFT will be taking in the near future and moving ahead throughout the remainder of the year to give their clients and partners the best value and services available.
IFT sales people recently had a dinner with one of their partners. NYK RoRo invited the team for dinner in mid-June. The meeting was a pleasant one and gave all involved an opportunity to relax and have a good meal with colleagues.
IFT regularly ships regular RoRo and static cargo with their partner NYK RoRo.
Joke of the Month
Fast and Furious
What happens to a
frog's car when it
breaks down? It gets toad away
What's the best thing
I don't know, but the
flag is a big plus.
If you have 10 apples
in one hand, and
14 oranges in the other hand, what do you have?
Really, really big hands.
Our Prized Customers
We here at IFT appreciate
our customers for all they do during the year. As our way
of showing you, we are holding a prize drawing. It's nice and easy. All you need to do is click on the link below and then fill out the form on our website. It will just take a minute, and hey you never know!
Good Luck to all who participate!
Take Our Survey
Join IFT's Prize Draw!
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