Forwarders have expressed anger at the latest round of air terminal handling charge increases, calling them “monstrous”. WFS is the latest to unveil new charges for January, which, at Heathrow, include a £22.50 ($30.35) Covid charge, with import fees for loose cargo set at £0.20 per kg. Dnata, which, like Swissport, publishes charges...
Some container vessels have been sailing from Asia to Europe under-utilised in recent weeks due to an acute shortage of empty boxes. A carrier source told The Loadstar: “We have had to sail light a few times recently as there are just not enough boxes at depots [in China] to meet the demand.” All...
Air Canada has announced that it is appointing Jason Berry, former head of Alaska Air Cargo, to lead its cargo team, following the departure of Tim Strauss for Amerijet. Mr Berry is currently president of McGee Air Services, a wholly owned subsidiary of Alaska Airlines, where he spent seven years most recently...
“You need to spend time crawling alone through shadows to truly appreciate what it is to stand in the sun.” ― Shaun Hick It’s party time at Ceva Logistics! It was in the black in the third-quarter: $15m was the headline, adjusted number for the CMA CGM-owned 3PL’s bottom line ($8m unadjusted). And there is more good news,...
Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with regulators seemingly unable to stop the relentless onslaught on shippers that threatens to sink business. European and US importers outside or in excess of contract are seeing their freight budgets destroyed by unprecedented...
Container spot rates continued to climb on the Asia-Europe trades this week on the back of strong demand and extremely tight capacity, in terms of both vessel and equipment availability. Today’s Shanghai Containerised Freight Index (SCFI) published a rate of $1,508 per teu for Shanghai-North Europe, an increase of $262 per teu...
The focus of vaccine distribution so far has been on airline capacity and the ability to deliver at the correct temperature – but security will also be crucial, with armed escorts and convoys expected to be used. In fact, it will be “the biggest security challenge for a generation” according to the...
What a major shipping line called the “black swan” container shortage has hit intra-Asia trades as carriers prioritise transpacific profits. With some 30m teu carried each year, the intra-Asia tradelane is the largest in the world, comprising around 100 port pairs. Costs have traditionally been kept in check, there’s been less carrier consolidation...
The good news of Pfizer and BioNTech’s Covid vaccine has been tempered by the requirement that it needs to be stored at -70C or below – a tough challenge for the logistics business. A recent survey by phamra.aero and Tiaca found that only 15% of respondents said they could handle vaccines that require...
Industry experts have expressed “grave concerns” at the UK government’s “unnecessary insistence” on implementation of the new Customs Declaration System (CDS). Chair of the Association of Freight Software Suppliers Steve Bartlett and director general of the UK Association for International Trade Des Hiscock told the EU goods sub-committee CDS was “not ready”...
