Business
Credit fraud has become a major issue in the freight industry in the past 12 months, warns insurer TT Club.
Risk manager Josh Finch describes it as “primarily a financial risk as operators are left with freight costs that can’t be collected”. Losses can escalate quickly, he adds.
Criminals use different methods but they all prey on the priority of all operators to maximise revenue in a highly competitive commercial environment.
A brief ...
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DP World and the Government of India have signed Bharat Africa Setu, an initiative aiming to double India-Africa trade and strengthen South-South cooperation.
Supported by India’s Ministry of Commerce and Industry and the Ministry of External Affairs, the initiative will connect DP World’s ports, economic zones ...
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President Trump’s ‘Liberation Day’ tariffs could create a significant shift in the trade landscape which few are ready for, says Keiron Myall, managing director of Suffolk-based Customs Support Group (CSG).
He said that while the UK had got off relatively lightly with only a 10% tariff ...
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The Welsh Parliament’s Economy, Trade and Rural Affairs Committee said it was dismayed by the apparent lack of speed and urgency in the Welsh Government’s response to the closure of Holyhead ferry port in December.
In its initial findings, published on 3 April, into the storm ...
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Denholm Good Logistics and Denholm UK Logistics have come together under a single trading brand - Denholm Good Logistics. The companies say that uniting under a single banner reflects a commitment to providing a fully integrated supply chain solution, including global freight forwarding, customs clearance, ...
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Analyst Niall van de Wouw has described US President Trump’s ‘Liberation Day’ – in which he announced major tariff hikes on imports from most of the country’s trading partners as “a seismic shock” for e-commerce.
De Wouw, who is Xeneta’s chief airfreight officer, said that the ...
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Logistics provider Dachser enjoyed sales growth of 13% in 2024, lifting revenue to just above €8 billion. The family-owned company also recorded increases in headcount (+3,300), locations (+56), and pallet spaces (+720,000), largely due to the acquisitions of Dachser & Fercam Italia, Frigoscandia, and Brummer,. ...
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Nordic Transport Group’s NTG Ebrex UK arm has acquired EDS Worldwide and Rolls Freight. Founded in 1978 and 2002, respectively, EDS and Rolls Freight are Wolverhampton-based freight forwarding companies owned by the same shareholders, specialising in land transport with a strong focus on the Irish ...
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DHL Group is to acquire 100% of Cryopdp, a global provider of supply chain solutions for the life sciences sector from Nashville-based parent company, medical logistics specialist Cryoport, subject to regulatory approvals.
Cropdp specialises in movements for clinical trials, biopharma and cell and gene therapies. It ...
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The French authorities are to defer introduction of the new version of the Enveloppe Logistique Obligatoire (Obligatory Logistics Envelope), originally scheduled for 1 April. A new introduction date has not yet been announced, but the delay is likely to be only for a few weeks, ...
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