The August 2015 edition of the LILLY Newsletter is here! This month we chose 4 articles to keep you updated on the latest. Don’t forget to share your thoughts in the comments. I sincerely enjoy hearing from our readers.

As always, it's a pleasure working with you!

-Nelson R. Cabrera
LILLY + Associates International

Con Artist Cybercriminals Turn Cargo Theft into an Elusive Guessing Game

Tech-savvy thieves are easily finding ways to impersonate trucking companies, setting up “fictitious pickups” and costing shippers billions of dollars in losses. These crimes are adding as much as 20% to the cost of consumer goods and surprisingly, food and beverage loads are the most targeted. Are your goods safe from these criminals?

Plummeting Fuel Prices Bring Bitter-Sweet News to Ocean Carriers

Recent news reveals that bunker fuel prices have dropped to their lowest point since 2005, and may continue to drop below $200 per ton. While this is good news for many, there are a number of countries whose economies could suffer. How will these lower costs affect you?

Potential Chinese Shipping Merger Puts Competition on High Alert

A possible mega-merger is being discussed between two of China’s largest shipping companies, COSCO and China Shipping Container Lines. There hasn’t been an official statement from a representative of either company, but both stopped trading shares on august 10th, halting any future transactions. Coincidence, or part of the country’s plan to gain global strength?

Maersk Recycling Venture Renews Ships, Renovates Design Standards

Maersk implemented an organizational system that identifies each part used in the making of their 60,000 ton Triple-E ships. This “Cradle-to-Cradle Passport” has allowed Maersk to easily separate steel from copper wiring and hazardous materials, aiding in the recycling process and generating new vessels for a fraction of the cost. Be sure to check out the video of this unique ship recycling process!