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Shipper demand for emissions data reveals industry gap

Author:   Posttime:2023-03-17

DEMAND for carbon emissions data is finding its way into shipper bids for forwarding business, reports New York's Journal of Commerce.
"The main concern is about the scale of how much more expensive it is going to be," said Orchard Custom Beauty import and export compliance manager Audrey Ross.
"If I paid US$25,000 for a container in 2021, obviously I never want to pay that again," said Ms Ross.
"But if I am already paying $2,000 for a 40-foot, and you come to me and say I will now pay $2,500, I think the time is now because I just paid $2,500. If the data accuracy and methodology is a little bit better - not that it completely solves the problem - a lot of us are going to be interested."
That was a point made by Kuehne + Nagel global trades head Paolo Montrone. "Most companies should have decarbonising the supply chain close to their hearts and part of their budgets should go to into trying new solutions," said Mr Montrone.
However, shipper demand for emissions data has exposed the lack of an industry-wide, uniform way to accurately assess the CO2 information required by cargo owners.
Rhenus Logistics head Stephanie Loomis stated to TPM23 shipping convention that the need for CO2 emissions data was quickly becoming a significant component within services offered by forwarders.
"The bigger the customer, or the more retail-centric the customer, the more [decarbonisation] comes up," said Ms Loomis.
"We are seeing it as a more common issue on bids, on RFIs [requests for information], and RFQs [requests for quotations] with questions on our sustainability programme, on carbon footprints, and how we can help shippers capture that information."

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