February 2018
One year on since its entry into force, the Trade Facilitation Agreement (TFA) had made significant strides, said World Trade Organisation (WTO) director-general Roberto Azevêdo. He said that the deal, which seeks to expedite the movement, release and clearance of goods across borders, had been 100% implemented by developed country WTO members, 56.4% among developing members and 1.7% among least developed countries. The Agreement is unique in that it allows ...
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DP World said on 23 February that the Government of Djibouti had “illegally seized control” of Doraleh Container Terminal which it had designed, built and operated since 2006 under a concession.
DP World described the Djibouti government’s move as the culmination of a campaign to force it to renegotiate the terms ...
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DHL Express opened its new regional hub at Brussels Airport on 22 February, quadrupling its capacity at the Belgian gateway to 42,000 shipments per hour, and making it the fifth largest hub in the global DHL network.
DHL says that its Brussels operation is now busier than ever, despite the move ...
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The European Commission has fined five car carrying shipping lines €395 million for taking part in cartels and breaking EU antitrust rules. It found that CSAV, "K" Line, MOL, NYK and WWL-EUKOR participated in a cartel for the intercontinental maritime transport of vehicles.
It was part of a wider action by ...
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Swiss project logistics specialist KOG Worldwide - combined with Rhenus Project Logistics in 2015 - has opened a branch in Chicago under the management of its subsidiary, KOG Transport. Having already established representative offices in New York and Houston, this is its third business site in the US. KOG manages ...
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Supply chain information company Panjiva is to be acquired by rating and data firm S&P Global, for an disclosed sum. Panjiva provides macro data covering 95% of global trade flows, as well as transactional data covering 35% of global trade flows and tracks supply data from retailers, exporters and shippers ...
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Exis Technologies has launched Hazcheck Inspections, a web-based database and access portal for inspection companies to plan and enter details of cargo inspections completed on behalf of container or vessel operators. Developed with the help of US-based safety organisation National Cargo Bureau and Port Supervisor Rotterdam, it allows container or ...
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Polish U-Freight agent RGW Express has moved to a larger facility in Warsaw. It offers warehouse space of 700sq m, with two docks, one of which has a hydraulic ramp, and one ground level gate. Office space has increased by 100sq m to 360sq m. It will allows the company ...
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Ocean freight benchmarking and market intelligence platform Xeneta now has 45 million data points from a community of over 700 leading businesses, covering more than 160,000 port to port pairings, says the Oslo-headquartered company.
Chief executive Patrik Berglund says it has added over two million long-term and spot rates a month ...
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The UK Government lifted a ban on air cargo on direct flights from Dhaka today (19 February). It said it followed ongoing cooperation with the Bangladesh government on aviation security at Dhaka International Airport. The government also said it would continue to work with the country to support improvement in ...
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