Business
The criminal supply chain uses the same components as the legitimate one, from route planning to warehousing, with stolen goods marketed and sold using legitimate platforms to unsuspecting buyers, says freight insurance provider TT Club.
It says that much freight crime is perpetrated by organised crooks who aim to make a profit, just like commercial businesses. Storage, transport, distribution and marketing of stolen goods often shadow those of legitimate supply chains ...
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The European Union has revealed details of the third phase of its Import Control System 2 (ICS2), which will extend new import processes to shipping, inland waterways, road and rail in the EU from 3 June.
Under ICS2, which already applies to airfreight, carriers will be required ...
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Nippon Express has formally completed its purchase of Austrian-based Cargo-partner, paving the way for the Japanese forwarder to become a major international logistics company.
NX Holdings chairman, Mitsuru Saito, said that the merger, first announced in May 2023 would help propel Nippon Express from its current ...
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German state rail operator Deutsche Bahn has launched the sale of its DB Schenker arm, one of the world’s largest forwarding and logistics companies.
The DB Group said that investors would need to express interest in the next few weeks. The company is valued at between ...
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German-owned forwarder Dachser is to acquire Swedish temperature-controlled and frozen food logistics operator Frigoscandia, subject to approval by the European competition authorities from private equity investor Mutares SE & Co. The transaction is expected to be completed in the first quarter of 2024.
Frigoscandia’s workforce of ...
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The first pilots of the Gateway²Britain trade facilitation platform will take place in early 2024, the Flanders government has announced.
The scheme, first revealed in June 2023, aims to make trade between Belgium and the UK as frictionless as possible by gathering up all documents involved ...
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John Good Logistics has acquired 100% of European road freight operator Inter-Ways.
Inter-Ways is a family-owned freight forwarding business which focuses primarily on road freight to Eastern and Northern Europe as well as air freight and sea freight. Inter-Ways will continue to trade under its own ...
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Endangered animals including elephants, rhinos and pangolins, as well as protected timber, particularly tropical hardwoods, have been seized in a joint World Customs Organization (WCO) - INTERPOL operation.
Between 2 and 27 October, customs and police officers coordinated 500 arrests worldwide and more than 2,000 confiscations ...
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Freight insurance specialist TT Club is urging procurement managers to be more vigilant in ensuring that they are not unwitting receivers of stolen property. It says they should check the provenance of all incoming goods and ensure that documentation such as bills of sale, invoices ...
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Global supply chain and logistics consultancy, SCALA, has launched a complimentary good practice guide to mergers and acquisitions (M&A). M&As remain a top priority for businesses but they can be risky and have a significant effect on supply chain and logistics, says SCALA. The guide ...
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