Logistics institute to develop container port ratings

Logistics institute to develop container port ratings The Global Institute of Logistics on Monday unveiled a new plan to develop a standard that shippers, carriers and forwarders can use to gauge global port efficiency.
   The plan, in its infant stages, would attempt to rationalize the huge differences in port productivity, investment and efficiency to provide port users with an accurate way to measure worldwide container terminals. Preliminary ideas revolve around a points system, with terminals earning points for volume forecasting and cranes per foot of berth among many suggested measurements.
   GIL announced the plan in Hong Kong prior to the beginning of the Terminal Operators Conference Asia, which begins Tuesday.
   In September, the GIL will invite stakeholders from throughout the supply chain to help shape the standards.