Category Archives: export

Digitisation of the Dangerous Goods supply chain

The international Air Transport Association (IATA) has announced advances for the implementation of the e-Dangerous Goods Declaration (e-DGD) standards. The e-DGD is an electronic approach to manage the IATA Dangerous Goods Declaration, leveraging industry initiatives to digitalise data and embrace data sharing platform principles. This aligns with and supports industry initiatives to modernise air cargo processes efficiently and share critical data among stakeholders that
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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 stable, with peak-season and capacity restrictions. On the contrary,
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Report: Brexit Could Hinder Exports For UK Companies

British sea exports and others could be hindered if the country decides to leave the EU without first establishing another Free Trade Agreement, with a new report suggesting that Brexit without this in place could result in export losses totalling £30 billion by 2019. Euler Hermes’ latest Brexit Me If You Can economic insight report suggest that if the UK does exit Europe even
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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 3-4 days. As the forwarders expect the delays to
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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 much as 40% per kilometre! Self-driving trucks reduce driver
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Iran to Hold Potential for Freight Firms

With its Nuclear Agreement, Iran is about to open up for international economy. This is good news not only for the Iranians, but also for freight firms. The country offers great opportunities for businesses, especially in oil and gas, high-tech and automotive. Logistics benefits from Irans good transport infrastructure and the need to improve their airspace field. But this is not the only area
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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 are in negotiations with their management. Also, new border
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The closure of the Port of Dover crippling UK trade

In the last few weeks we have all witnessed how a small group of French workers have caused big trouble to Kent and UK economy. Around one hundred MyFerryLink employees blockaded Calais terminal and burned tyres on the train tracks in protest at a potential 600 job losses. Operation stack started on 23rd June and has been on and off since then crippling transport
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Fedex buying TNT

Fedex, the American parcel delivery company, has agreed to buy its European rival TNT Express in a £3.2 bn deal to boost its services on the continent. The take-over comes two years after European competition regulators blocked FedEx’s US rival UPS move to buy TNT. The purchase was halted on the grounds that the deal would limit customer choice and reduce the number of
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Yemen closes its territorial waters

As a result of political situation in the region, navigation in Yemen’s territorial waters has been banned this week and ships are not allowed into Yemen unless inspected and approved by Saudi-led coalition forces. Only emergency goods and medical aid vessels will be allowed entry into Yemen after being searched and approved by coalition forces. A Saudi Arabia- backed blockade of ports in Yemen
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