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Posts tagged “Freight”

 
Forth Ports and DP World push forward with Thames Freeport bid 
 
As the Government launches the competitive bidding process, DP World and Forth Ports continue to push forward their bid for a Thames Freeport with London Gateway, the Port of Tilbury and Ford's Dagenham engine plant at its heart. 
 
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Shippers switching to air freight to escape sea freight hell 
 
With sea freight rates reaching some of the highest levels ever seen, along with equipment shortages, late vessels and still no guarantee of uplift, some shippers are starting to switch to air, driving up rates on a mode that had been enjoying some stability. 
 
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UK-EU freight trade set for bumpy ride in January 
 
With the end of the UK’s Transition Period from European Union trade rules fast-approaching, there continues to be a significant lack of preparedness on the part of the trading community with regard to the post-Brexit business landscape and the implementation of the systems that will be needed from the end of December, according to leading UK customs technology specialist Peter MacSwiney, chairman of UK customs clearance solutions provider Agency Sector Management (ASM). 
 
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Felixstowe congestion to continue into December 
 
The Port of Felixstowe says high container volumes may continue through into the New Year, claiming it is taking action to increase resources and remove ‘slow-moving PPE containers’. 
 
Congestion at the UK’s largest container port, Felixstowe, is expected to continue into December and possibly into the new year, as unexpectedly high import volumes, slow-moving containers of PPE, and problems managing the high activity levels persist. 
 
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Air freight prices ex-China continue to rise 
 
China-Europe rates end October 25% higher than in September, despite a dip in demand in the final week of last month, with the market’s six-month recovery broadly continuing. 
 
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New UK report warns of widespread disruption to UK-EU freight transport from 1 January 
 
The UK’s National Audit Office (NAO) has reported that there is still likely to be widespread disruption to UK-EU freight transport from 1 January 2021, despite some progress in recent months implementing the changes required to systems, infrastructure and resources to manage the border at the end of the UK’s post-EU Exit transition period. 
 
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CMA CGM and MSC complete TradeLens integration 
 
Major global container carriers, CMA CGM and MSC Mediterranean Shipping Company (MSC), have announced they are now integrated onto TradeLens, helping ensure a more fully integrated, timely and consistent view of logistics data for their containerized freight around the world. The digital platform is run on IBM Cloud and IBM Blockchain, and was jointly developed by IBM and A.P. Moller – Maersk. 
 
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UK government signs $100m Brexit freight capacity deals 
 
The UK government has signed agreements with four ferry operators to provide freight capacity equivalent to over 3,000 HGVs per week, in an attempt to mitigate the risk of disruption to key freight flows and supply chains as the UK and the European Union (EU) adjust to new border processes at the end of the UK’s transition period from EU rules at the end of this year. 
 
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Proud member of BIFA & FIATA 
 
We are pleased to announce that we have become a member of The British International Freight Association and International Federation of Freight Forwarders Association. 
 
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Air cargo market takes another step to recovery 
 
A record ‘dynamic load-factor’, a significant improvement in tonnages carried, and high air freight rates on the world’s premier trade lanes in September showed the global air cargo market edging towards a sustainable recovery at the start of the traditional peak season, according to leading air freight industry data analysts CLIVE Data Services and TAC Index. 
 
To read more, please click on the below link. 
 

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