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Use of CTU Code boosts supply chain safety and savings, survey finds

The seven industry bodies dedicated to container safety, collaborating as the Cargo Integrity Group, highlight an independent study carried out by researchers at Italian University Politecnico di Torino into shipper and forwarder application of the CTU Code.  The 2023 survey yielded encouraging signs of adoption and highlighted several convincing arguments – including financial benefits for its use.

 

The survey highlights multiple benefits to CTU Code users including:

  • Improved safety, reputation and supply chain coordination
  • Decreased cargo damage, environmental impact and operational inefficiencies
  • Those using the CTU Code incurred no extra costs in employees, contractors, or vehicles
  • Any increase in loading and waiting times were typically offset by CTU Code related efficiencies overall
  • Annual costs and penalties reduced from €670,000 pre-implementation of the Code to €13,000 post-implementation
  • Extra costs as a percentage of revenue reduced from 37% to 10%

 

In the words of the report’s authors (Bruno, et al.), “The application of the CTU Code to cargo loading and transportation processes can increase the safety level of transport activities, and also improve business processes and competitiveness. The results show that the use of the CTU Code provides an increase in safety with a drastic reduction of loading accidents and damage to goods, as well as important benefits in terms of costs, improved efficiency, corporate image and reduced environmental impact.”

The Cargo Integrity Group continues its efforts to underline the positive effects of the widespread use of guidance in the CTU Code, which is the Code of Practice for Packing of Cargo Transport Units jointly published by the International Maritime Organisation (IMO), the International Labour Organization (ILO) and the United Nations Economic Commission for Europe (UNECE)¹.

 

CLICK HERE FOR FULL PRESS RELEASE

JonM2023-11-16T11:16:10+00:00November 16th, 2023|

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