Asian forwarders are reporting a large drop in airfreight rates, but don’t believe this is the end of elevated prices, nor a significant fall-off in demand. 

 

Click on the below link to read more. 

 

https://theloadstar.com/airfreight-rates-out-of-asia-take-a-dive-as-demand-from-the-west-is-subdued/ 

 

CMA CGM is to introduce even bigger discounts in ocean freight rates and broadened its scope, in response to the sharp rise in inflation hitting the purchasing power of French households. 

 

Click on the below link to read more. 

 

https://theloadstar.com/cma-cgm-increases-ocean-freight-rate-discounts-after-government-pressure/ 

 

Hutchison Ports’ Port of Felixstowe has launched OCEAN (Online Container Enquiry Analytics Notifications), a new online platform to provide fast and accurate real-time information for customers. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/port-felixstowe-launches-ocean?utm_source=feedotter&utm_medium=email&utm_campaign=FO-07-22-2022&utm_content=httpswwwmultimodalorgukarticleportfelixstowelaunchesocean 

 

The new Chief Executive of one of the UK’s largest logistics firms has urged the government to embrace a partnership with port and maritime companies to help meet its objectives on levelling-up, net zero and economic growth. 

 

Claudio Veritiero, who took over at Peel Ports Group in April, says that businesses in the sector are ideally placed to provide benefits and opportunities across these three national priorities, especially in the wake of Covid-19 and Brexit. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/call-government-recognise-maritime-sector-best-hope-levelling?utm_source=feedotter&utm_medium=email&utm_campaign=FO-07-22-2022&utm_content=httpswwwmultimodalorgukarticlecallgovernmentrecognisemaritimesectorbesthopelevelling 

 

As the inflationary pressures on business costs continue to soar, Logistics UK has called on Chancellor Nadhim Zahawi MP to take decisive action to protect the nation’s supply chain and prevent price rises in all sectors with the immediate introduction of a 6p per litre reduction in fuel duty 

 

Click on the below link to read more. 

 

https://forwardermagazine.com/fuel-tax-cut-vital-to-remove-inflationary-pressures-on-delivery-costs-says-logistics-uk/ 

 

According to Transport Intelligence, the global forwarding market exceeded pre-pandemic levels in 2021, but limited capacity and record-high freight rates present a challenging market. Ti predicts that the market will grow 5.7% in 2022, slowing to 3.7% by 2026. 

 

Click on the below link to read more. 

 

https://www.bifa.org/news/articles/2022/july/global-freight-forwarding-report-predicts-continued-growth-in-2022?l=y 

 

Eurotunnel Le Shuttle Freight has announced a milestone as its thirty-third millionth truck crossed the Channel aboard its Shuttle on Monday 11 July 2022. 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/thirty-three-million-trucks?utm_source=feedotter&utm_medium=email&utm_campaign=FO-07-15-2022&utm_content=httpswwwmultimodalorgukarticlethirtythreemilliontrucks