December 2017
Rate management specialist Freightos WebCargo says that air cargo in Europe is currently running at full capacity, the first time in at least ten years that this has happened.
Shippers are paying sky-high air rates to get cargo loaded, in one case $13 per kilo on the transatlantic route, claims chief executive, Manel Galindo.
He added that this is in stark contrast to ocean freight rates, which are “tanking”.
Moreover, he predicts that ...
[+]
A new start-up company has vowed to shake up the world of logistics with its “established and aging” practices.
LivingPackets says it has come up with a new concept for international express – using travellers on Eurostar trains between London and Paris to deliver goods.
In an operation reminiscent of some airline ...
[+]
UPS has acquired Sandler & Travis Trade Advisory Services (STTAS), described as the world’s largest independent provider of global trade management services. US-based but with almost 70% of its 750 employees working in locations including Shanghai, Bengaluru, Aberdeen, Warsaw, Mexico City, Buenos Aires, and São Paulo, it will complement UPS ...
[+]
Once again, the Christmas tree gifted by the people of Norway has made its way from the Scandinavian forests to Trafalgar Square, courtesy of DFDS.
It left DFDS Immingham’s terminal on 2 December by trailer for the last leg of its journey to London.
After the Nazis invaded Norway in 1940, Norway's ...
[+]
China Airlines operated its first flight from Taipei’s Taoyuan International to Gatwick on 1 December. The service, the only non-stop service between Taiwan and the UK is operated by an Airbus A350-900 and marks China Airlines’ return to the UK after a five year hiatus. The flight schedule is four ...
[+]
ABP Property, the development arm of the ports company, was relaunched on 29 November to industrial property professionals with a reception at the Gherkin in London. It owns sites in and around 21 major UK ports capable of creating as much as 30 million sq ft of accommodation for new ...
[+]
Simarco International has bought out fellow UK forwarders Formula Goss International (FGI) and Sutch and Searle.
FGI operates air, sea and road routes - including daily services to Italy and Gibraltar – from its offices in Bedford while Heathrow-based Sutch and Searle specialises in air freight.
Simarco founder and managing director, Simon Reed, commented that ...
[+]
The Department for International Trade (DIT) is planning to seek “transitional adoption” of the EU’s free trade agreements (FTAs) — in other words, translate existing FTAs from EU into UK law or by adopting them into UK law on an interim basis, pending renegotiation at a later stage, says the ...
[+]
Maersk Line closed its deal to acquire German carrier Hamburg Sud on 30 November but the line will remain a commercially independent brand under its new owner, it said.
Dr Arnt Vespermann (pictured, left) takes over as chief executive from Dr Ottmar Gast, who will continue to be closely associated with ...
[+]
SBS Worldwide founder and former DSV director Steve Walker has founded a new company SWG Global which, he says, will offer self-funding technology solutions that will uncover major savings for shippers. It will also give forwarders the tools to fight back against the new breed of so-called ‘Silicon Valley’ forwarders ...
[+]
« Back
