Category: import
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Guide to EORI Numbers
What is an EORI number and why do you need one? You will need an EORI (Economic Operator Registration and Identification) number that starts with GB to trade goods into and out of the UK. HM Revenue and Customs uses this number to identify you and collect duty on your goods. A UK EORI number…
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Air and Ocean Freight Prices reach Record Differentials
The gap between Air and Ocean freight rates widens more and more. The price differentials have now reached a record height. With sea freight rates being low for several weeks already and air freight rates raising more and more towards end-of-year peak season, it has now reached double the norm. Air freight rates have been quite…
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Airfreight Backlogs at China Gateways
The current backlogs at China’s main airfreight hubs Beijing, Shanghai, Hong Kong and Guangzhou will continue at least into next week. For now, there are delays of 3-4 days at most airports. The situation at Guangzhou is worse; here, delays of 7-8 days are to expect, apart from “first class carriers”, which are also delayed by…
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Self-Driving Trucks will Affect Logistics Industry
The Supply Chain Industry is one of the trailblazers when it comes to technology. No wonder we can forecast how self driving vehicles will affect the Supply Chain. The most obvious benefit is lower costs due to fewer truck drivers. But there are other advantages that improve efficiency and can lower the cost by as…
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Migrant Crisis Causing Trouble for Road Freight
The ongoing migrant crisis is causing more and more problems to freight forwarders. Last week, workers at the Port of Calais went on strike and set off a standstill for two days. They demanded more personnel as they are confronted with increasing numbers of migrants at the port. For now, they suspended their strike and…
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Additional Controls for Tianjin Imports
Importers may face increased scrutiny of products imported from the Tianjin area, affected by a nuclear blast last month. On 12 August, a chemical explosion occurred at the industrial centre named Bihhai New Area, where hazardous chemicals such as sodium cyanide were stored. The FDA in the US requires submission of documents of goods like…
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Container washes up on UK Shore!
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A fourth Maersk shipping container has been discovered off Devon on the southwest UK coast. The lost cargo has been washed up after falling off the Svenborg Maersk in the Bay of Biscay during stormy weather, last month and was spotted off Start Point in Devon. All 4 containers have found their way to UK…
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Logistics and its role for Sochi 2014 Winter Olympics
With more than 5,500 athletes from more than 80 countries, over 1,350 Paralympic athletes from over 44 countries, 25,000 volunteers and 12,000 media representatives attending, the 2014 Sochi Winter Olympics, has seen a huge logistical challenge to ensure pallets and packages are transported from countries all over the world to one central location. The goods…
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Sea freight rates take an unexpected tumble for October!
Asia-Europe market rates have taken an unexpected tumble for October, so it would be a good time to get your bookings in before they start rising again for November sailings. Some carriers are forecasting increases up to $900 per teu next month. Usually this time of year there is an increase in freight rates as…
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Mercy Mission as London Gateway welcomes Zim Rotterdam!
London Gateway, Britain’s newest deep sea Port and Logistic Park has opened its non operational state of the art terminal to welcome fire damaged Zim Rotterdam as she enters the UK after her traumatic voyage. The 10,000 teu ship was diverted to London Gateway from Felixstowe at short notice on Friday 13 September and is…