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The development of new air freight surcharge system

September 9th, 2015|

The development of new air freight surcharge system It is well known that current airline surcharge system is causing difficulties for airlines, freight forwarders and, most importantly, shippers. Under the current system overall freight rates fluctuate according to changes in oil prices, causing instability for shippers and interfering with their long term planning. [...]

Asia-Europe freight rates continue to fall

August 25th, 2015|

Asia-Europe freight rates continue to fall Following up on our recent post about sea freight rates fluctuations, the quoted predictions from SeaIntel proved to be correct. The supply-demand imbalance continues and cutting capacity does not help to avoid rate erosion. The latest Shanghai Containerised Freight Index shows that only during the last week [...]

Freight industry recovering from Tianjin port disruptions

August 19th, 2015|

Freight industry recovering from Tianjin port disruptions Tianjin is one of the most important cities of China. Its port is the 10th biggest in the world. The Wednesday explosions caused major destruction of port’s facilities, including parts of logistics park and container storage area. Significant efforts have been made to resume ports’ operations [...]

Asia-Europe sea freight rates fluctuations

August 11th, 2015|

Asia-Europe sea freight rates fluctuations Euro volatility continues to affect the supply-demand imbalance in the container shipping industry. Even though according to the latest Shanghai Containerised Freight Index rates to Northern Europe are at their highest since the end of January, while container prices to the Mediterranean reached their highest since the beginning of [...]

Shipping emissions in ports

August 10th, 2015|

Shipping emissions in ports The opening of the expanded Suez canal is undoubtedly the most important topic of this week’s logistics news. At the same time several other ports are set for redevelopment and expansion, for instance Brazil’s Port of Açu, used primarily for crude oil and gas transportation. The costs of expansion [...]

Freight forwarders remain positive despite the slowdown of China’s economy

August 6th, 2015|

Freight forwarders remain positive despite the slowdown of China’s economy IMF in its latest World Economic Outlook report did not change its prediction on China’s GDP growth, keeping it at 6.8% rate for this year and 6.3% in 2016. Following this report analysts have cut down their growth forecast for 2015: Drewry’s latest research showed [...]

Lift of Iran nuclear sanctions shifts regional shipping routes

July 24th, 2015|

Lift of Iran nuclear sanctions shifts regional shipping routes Container shipping lines are developing new routes and securing deals with the regional ports and railways following the agreement to remove some of the nuclear sanctions against Iran.According to The Deputy Managing Director of the Ports and Maritime Organization (PMO) for Port Affairs and [...]

Panama canal expansion: Managing profits and supply chain

July 13th, 2015|

Panama canal expansion: Managing profits and supply chain The decision on widening of Panama Canal was preceded by several years of research on economic feasibility, environmental and technical aspects. Now the project is approaching its completion and progress to date is estimated at 89.9%. It is estimated that the expansion of the Canal [...]

Effects of Greek crisis on regional supply chain

July 7th, 2015|

Effects of Greek crisis on regional supply chain While Europe and the rest of the world contemplates what the next steps are for Greece following the NO vote, companies in the logistics industry are considering the impact to the overall supply chain. “Business as usual” is no longer valid, banks are temporarily shutting [...]

Delays in Eurotunnel freight services

July 6th, 2015|

Delays in Eurotunnel freight services Eurotunnel has suspended its truck shuttle services because of the protest of Maritime Nord Union against the transfer of Eurotunnel’s MyFerryLink vessels to DFDS. MyFerryLink advises to make alternative arrangements and as there are no indications when the services will be resumed and backlog cleared. Port of Calais [...]