ePortal Newsletter February 17, 2017

February 17, 2017

In this Issue:

  • Unpaid dues? Know what your company stands to lose
  • The most important thing you have to lose? Your company's reputation.
  • Julia O'Connor Promoted to Director of Membership and Database Management
  • The Changing Face of Payment Companies
  • Nominate Someone for the Hall of Honor Today
  • Build your Professional Network and Enhance your Career

Unpaid dues? Know what your company stands to lose
If your company's member dues are still unpaid, you are putting lot at stake. Your company stands to lose the benefits of membership, including those members list as the most valuable.
  • Your company's listing in the online Membership Directory
  • The ability to attend, exhibit and network at the Industry's most-attended Annual Conference and Expo
  • The Receivable Protection Program, to protect your company from members' unpaid invoices
  • The trust of partners and the public when they know you are an IAM member
The most important thing you have to lose? Your company's reputation.
Soon your company may join the list of unpaid members that is circulated to all IAM members. It is now imperative for you to renew your company's IAM membership and avoid appearing on the unpaid members list. The fastest and easiest way to take care of business is by going online to pay.  Once you log in, click your name to access the self-service portion of the website. Once there, click on "Pay Open Membership Invoices" and follow the prompts to renew online. If you need login credentials, you may request them online. Contact Julia O'Connor.

Julia O'Connor Promoted to Director of Membership and Database Management
IAM is proud to announce the promotion of Julia O'Connor to Director of Membership and Database Management. "I'm truly honored and excited," O'Connor says. "I pride myself on my service to the members and want them to know they can reach out to me on anything related to their membership. I look forward to working with the members and staff to continue to communicate the value of IAM and position us as the go-to resource for the industry." Congratulations, Julia, on this well-deserved promotion!

The Changing Face of Payment Companies
Payment companies are increasingly moving beyond simply facilitating transfers and into new product spaces such as servicing online retailers and issuing payment cards FXCompared tracked this change by looking at the number of electronic money institution (e-money) licenses issued by the UK's FCA each year since 2011. These licenses allow companies to not only transfer money, but also to hold customer funds and issue payment instruments as well. Think of it as banking-light for transfer companies looking to experiment outside the pure-transfer space.
 
Nominate Someone for the Hall of Honor Today
On Jan. 1, the nomination period officially opened for the Hall of Honor Class of 2017. Since its inception in 2009, 50 deserving individuals have been inducted into the Hall. It is not limited to IAM members and we welcome nominations of people who have made significant contributions regardless of whether they participated in IAM. If you know someone that you believe is deserving of this prestigious award, you can nominate them through our online application. Contact Margaret Kerr.

Build your Professional Network and Enhance your Career
IAM Mentor Match provides an opportunity to connect and gain experience through relationships to help achieve their professional development goals.

Recent Posts on IAM Connected

Industry News

The salvage of the APL Austria has entered the mop-up phase after a major fire broke out in one of the vessel's cargo holds as it was off Port Elizabeth in South Africa. The fire started in one of the cargo holds of Liberian-flagged vessel on Sunday while the ship was some 30 miles off the coast of South Africa, headed west to the Indian Ocean. Overnight on Sunday the vessel was brought to the nearby port of Ngqura where firefighting continued for several days.
After criticizing the "bad decision" he got from an appeals court panel last week, President Trump said in a press conference today that he will issue a new executive order on travel next week. It appears that instead of pursuing the issue through litigation, Pres. Trump will issue a new directive which he said will conform to the legal ruling handed down by the courts. "The new order is going to be very much tailored to what I consider to be a very bad decision," Trump said. "We can tailor the order to that decision and get just about everything, in some ways more."
Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.
Beleaguered panamax containership owner Rickmers Maritime Trust (RMT) has pleaded with its creditors for help to restructure its debts. Singapore-headquartered RMT posted a full-year 2016 net loss of $180m, after charter revenue of just $69m, and continues to carry an enormous debt pile.
The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016. It was the busiest January in the port's 110-year history, outpacing last January, which was the previous record for the first month of the year. It was also the second-best month overall for the Port, eclipsed only by last November's 877,564 TEUs.
 
The dispute over pay between Lufthansa and its pilots looks to be coming to an end as both groups have agreed to mediator recommendations. The two groups said they agreed to the mediator's recommendation of an annual pay rise of 2% backdated to January 2016, another rise of 2.3% from January 2017, another rise of 2.4% in 2018 and a further 2% in 2019. Lufthansa said that implementing the agreement would cost around €85m per year. The dispute resulted in strikes late last year.
The closure of Ghazali Bridge in Kuwait on Sunday brought traffic to a standstill on several roads leading to the surrounding areas. Director General of the Public Relations and Security Media Department at the Ministry of Interior Brigadier Adel Al-Hashash explained that closure of the far end of Ghazali Bridge at the intersections with Jahra Road and Jamal Abdulnasser Road caused the traffic jams. He affirmed the closure is "temporary" to pave way for the completion of Jahra Road Development Project. He said the closure will continue for two years.

Member News

Coleman Worldwide Moving CEO Honored, Elected as BCA Chairman
Coleman Worldwide Moving President and CEO, Jeff Coleman, was recently honored at a reception presented by both the Dothan Area Chamber of Commerce and the Business Council of Alabama (BCA). The reception was attended by many Dothan and Wiregrass Area community leaders along with leaders and staff for the BCA. The gathering was held at the Dothan Area Chamber of Commerce and was held to recognize Coleman's election as the 2017 Chairman for the Business Council of Alabama.

Suddath Relocation Systems of Jacksonville Wins Top Van Line Agency Award for 2016
We are so proud to announce that Suddath Relocation Systems has won the highly-coveted 2016 Moving & Storage Agent of the Year Service Excellence Award from the American Moving & Storage Association (AMSA). Suddath was selected for the award by a panel of experts from more than 2,400 eligible companies across the country.

PIR Parry International Relocations and Intercontinental Van Lines Inc. Merge
PIR Parry International Relocations has formed a merger with Intercontinental Van Lines Inc. The combined companies will operate under the name Parry & Intercontinental Relocations. Intercontinental Van Lines will continue to operate their domestic and cross border business under the Intercontinental Van Lines banner.