INTERNATIONAL LOGISTICS PROVIDERS

ASF Logistics is a Mobile, AL based full service international logistics provider, freight forwarder, NVOCC, and custom’s house broker. ASF specializes in providing customers with solutions that provide for the optimum flow of goods, materials, and information. All business conducted as an Ocean Transport Intermediary as defined by the Federal Maritime Commission is conducted only by ASF, Inc. ASF, Inc is licensed with the Federal Maritime Commission as an Ocean Freight Forwarder and Non-Vessel Operating common carrier under Ocean Transport Intermediary License No. 020898NF.

ASF Logistics Named to 2012 Best Companies ListBusiness-Alabama-Best-Companies

ASF Logistics announced that the company, which is headquartered in Mobile, Alabama, has been recognized as one of the 2012 “Best Companies to Work for in Alabama” in the small business category. 

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Maersk Line to Acquire Hamburg Sud

Maersk Line announced today that it is buying German carrier Hamburg Sud and aims to close the deal by the end of 2017.

The acquisition, which has been the source of speculation for several weeks, will cement Maersk's position as the world's biggest container shipping line.

The Danish carrier did not reveal how much it is paying for the world's seventh-largest carrier, but it has been reported that the sale price will be around $4 billion.
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Japanese carriers to merge

The wave of consolidation sweeping through the liner industry broke over the Japanese ocean carriers this morning as NYK Line, “K” Line and MOL announced they are merging their container shipping businesses.

In a joint statement, Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha said they had signed a contract agreeing on the establishment of a joint-venture company to integrate their container shipping business and the terminal operating segment, excluding Japan.

The joint venture company will be established by July 1, 2017, with the planned starting date for the new operation April 1, 2018.

The announcement was made the same day that Japan's three biggest carriers recorded a collective half-year operating loss of $484 million, led by 'K' Line and highlighting the dire predicament faced by the container lines. Merging their container businesses would generate scale and operational efficiency benefits allowing the lines to save $1 billion a year.

“By strengthening the global organization and enhancing the liner network, we will be able to provide higher quality services and unlock new value in order to exceed our clients’ expectations,” the statement said.

“The three companies have been cooperating in products and services through vessel-sharing agreements and the alliance scheme. Further, they are similar in size, have common corporate cultures, and believe the JV (joint venture) can leverage the strength of each individual company to create stronger competitor overall.”

Container shipping has struggled in recent years due to a decline in the container growth rate and the rapid influx of newly built vessels, with low oil-prices, sluggish cargo demand, and oversupply of trade capacity, meaning almost all container shipping companies were making a loss, the carriers said.

“The three Japanese companies have made efforts to cut cost and restructure their business, but there are limits to what can be accomplished individually,” the statement said. “Also, in order to keep a membership of a global alliance continuously, it would be necessary to have above a certain business scale level.

“Under such circumstances, we have decided to integrate our container shipping business so that we can continue to deliver stably high quality and customer-focused products to the marketplace. Furthermore, the decision to cooperate in the east-west trades made in May 2016 by the creation of THE Alliance was also a factor.”

All three Japanese carriers are members of THE Alliance that begins operation on April 1, 2017. However, with the start of the new merged entity planned for April 1, 2018, it is not clear whether there will be any impact to alliance services.

The joint container fleet of 256 vessels will have a capacity of 1.4 million 20-foot-equivlent units, excluding the order book of 360,000 TEUs, making it the sixth-largest liner in the world with a 7 percent global market share. A total of $2.9 billion will be invested in the new operation, which includes the fleet and terminals, and the shareholding structure will be NYK 38 percent, and MOL and “K” Line 31 percent each.

The merger comes as the container shipping industry undergoes a radical restructuring that this year has seen three huge merger and acquisitions deals — CMA CGM acquired NOL and its liner unit APL, Cosco merged with China Shipping and Hapag-Lloyd merged with UASC — and one liner bankruptcy with the collapse of Hanjin Shipping.

An ongoing period of weak demand and soaring capacity levels have seen freight rates hitting record lows this year, stripping profitability out of carriers. Even though rates have been trending upwards since mid-March, Drewry is predicting collective industry losses will top $5 billion this year.

The weak demand and surplus capacity is expected to improve in the next couple of years, but freight rates will remain under pressure until supply-demand is more in sync, which is unlikely to be before 2018 and 2019. It is this expectation of protracted low rates, little profitability and no sign of a recovery that is rattling investor confidence in the liner shipping industry and leading to the unprecedented levels of consolidation.
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Mission Statement

ASF Logistics strives to be the company of choice for global logistics by fostering a collaborative environment of partnerships, teamwork, and creativity. Our goal is to consistently deliver a competitive advantage to our customers through innovative and customized solutions which add value and sets them apart from their competitors.

Logistics & Supply Chain Solutions

  • Vendor management
  • Document management
  • Information management
  • Purchase order management
  • Cargo management and flow optimization
  • Consolidation
  • Carrier management
  • Transport management
  • Import planning and coordination
  • Customs house brokerage
  • Cross-docking and trans-loading
  • Distribution