HMRC has robustly defended its ability to migrate 5,000 UK importers and exporters to new customs software by March 2023, rebuffing accusations that systems will “collapse”. Yesterday, The Loadstar reported software house claims that the department has failed to take seriously the complexity of the switch from Customs Handling of Import and...
The vertical integration and modal mash-up continues. The Loadstar reveals today that a forwarder has started a shipping line and now a shipping line is looking at buying an airline. MSC has told the Italian government it wants to buy a stake in the new airline, ITA Airways, which began operations in...
PRESS RELEASE Heppner announces the acquisition of the Swiss Group SAFRAM, with operations in Switzerland, France, Germany, the United Kingdom and Hungary. This acquisition forms part of Heppner’s international growth and business diversification strategy, now with the integration of expertise in dangerous goods transport and logistics. The overall goal is to strengthen the...
Some mid-size forwarders are rejecting new larger customers, having been forced to adapt their business model to accommodate the contract ban from Maersk and the reluctance of other shipping lines to offer much capacity. Maersk’s move to restrict them to its Spot product only is said to have left some “4m teu...
“Thousands” of small freight forwarders fear for their survival following Maersk’s decision to offer them only its Maersk Spot product. The loss of the vast majority of Maersk’s capacity has led to some “4m teu looking for a new home”, according to one major forwarder. Larger forwarders have secured long-term contracts with other...
South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) is taking urgent action to deliver over 200,000 stranded parcels resulting from a prolonged strike by subcontracted couriers of the country’s largest logistics company, CJ Logistics. Around 1,700 workers hired by the sub-contractors have refused to work since 28 December, claiming their wage...
The port of Long Beach is the winner in the first round of funding from Washington for port and marine infrastructure development since President Biden signed the $1.2 trn infrastructure bill in November. The California port has garnered a $52.3m grant, which will go towards its Pier B rail project. Improvements to transport...
The US Federal Maritime Commission’s investigation into carrier detention & demurrage (D&D) charges could be supercharged following a complaint by specialist drayage firm Orange Avenue Express (OAE), in what could become an industry test case. Lori Fellmer, second vice-chairman of the National Industrial Transportation League (NITL) and VP of logistics and carrier...
Property giants are scooping up logistics portfolios in anticipation of continuing clamour for warehouse capacity in a booming market fuelled by e-commerce. CBRE Group, the world’s biggest industrial real estate player, is leading the charge with the $4.9bn acquisition of the logistics portfolio of Hillwood Investment Properties. The move, announced on Tuesday, was...
With the changes to post-Brexit border policies, pressure is set to intensify for UK importers next week as volumes begin to climb back, post-Christmas lull. The first week of new import controls on EU goods saw a notable hitch when the new IT system, the Goods Vehicle Movement Service (GVMS), crashed on...
