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Read all news »FINANCIAL RESULTS FOR FY2022 3RD QUARTER
FINANCIAL RESULTS FOR FY2022 3RD QUARTER
ONE INITIATIVES Q3 FY2022
With changing cargo demands across global markets and an early lunar new year speed bump, the last calendar quarter of 2022 witnessed much weaker cargo demand when compared with the same quarter in 2021. At ONE, we continue to press ahead in our network developments and sustainability measures, enhancing our digital services and improving our operation excellence with our acquisition of 3 container terminals in the US West Coast. We updated the “ONE INITIATIVE” at the end of FY 2022 Q3.
CUSTOMER ADVISORY: UPDATE TO OUTBOUND DEMURRAGE CALCULATION 1-27-23
Dear Valued ONE Customers,
Please be advised that effective February 27th, 2023, Ocean Network Express (ONE) will introduce an updated outbound demurrage calculation in the North America region (the US and Canada), matching with the ocean terminals’ Earliest Return Date (ERD) and ONE’s Rail Receipt Date (RRD).
Currently ONE has been applying the concept of the Demurrage Free Receiving Date (DFRD) for the outbound demurrage calculation to avoid factoring in the vessel schedule delay into the outbound demurrage calculation. Effective February 27th, 2023, ONE will implement an updated logic consistent with ERD from the ocean terminals.
Please be advised that effective February 27th, 2023, Ocean Network Express (ONE) will introduce an updated outbound demurrage calculation in the North America region (the US and Canada), matching with the ocean terminals’ Earliest Return Date (ERD) and ONE’s Rail Receipt Date (RRD).
Currently ONE has been applying the concept of the Demurrage Free Receiving Date (DFRD) for the outbound demurrage calculation to avoid factoring in the vessel schedule delay into the outbound demurrage calculation. Effective February 27th, 2023, ONE will implement an updated logic consistent with ERD from the ocean terminals.
Update - Detention Clock Stop - Union Pacific (UP) Temporary Ingate Suspension - January 26th, 2023
We have received the information below from Union Pacific (UP). “Be advised that due to a main line service disruption near Santa Rosa, NM, Union Pacific (UP) will temporarily suspend service between the ports of LA/Long Beach and Council Bluffs, Kansas City, Chicago (Global 4) and Chicago interchange to eastern carriers (Ohio valley)”.
Effective 12:00 local time Tuesday, January 24th, 2023, temporary ingate suspensions will go into effect for the following lanes:
Effective 12:00 local time Tuesday, January 24th, 2023, temporary ingate suspensions will go into effect for the following lanes:
Union Pacific (UP) Temporary Ingate Suspension - January 24th, 2023
We have received the information below from Union Pacific (UP). “Be advised that due to a main line service disruption near Santa Rosa, NM, Union Pacific (UP) will temporarily suspend service between the ports of LA/Long Beach and Council Bluffs, Kansas City, Chicago (Global 4) and Chicago interchange to eastern carriers (Ohio valley)”.
Effective 12:00 local time Tuesday, January 24th, 2023, temporary ingate suspensions will go into effect for the following lanes:
Effective 12:00 local time Tuesday, January 24th, 2023, temporary ingate suspensions will go into effect for the following lanes: