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Industry News

News articles are listed below, for more detail simply click the title. To see Archive, BIFA or Industry news use the menu options on the left. You can have news articles delivered directly to you as an RSS feed by clicking the RSS Icon above.

Note to media: If you wish to use/report items tagged as 'BIFA News' that are older than 1 month, please get in touch to ensure that the press release in question still reflects the current circumstances. Contact us.

Current news are those articles from the last 3 months. Archive news are those articles more than 3 months old. To see articles with a specific tag simply click the tag in the panel on the left.

Air freight rates ex-Asia begin to normalise

Wed. 10 Jun 2020
Falling demand for PPE from China and Hong Kong has led to the start of ‘a more regular pattern’ and a drop in ‘passenger freighter’ capacity.

FIATA and KIFFA postpone 2020 FIATA World Congress to 2022

Mon. 8 Jun 2020
In light of the COVID-19 pandemic, FIATA International Federation of Freight Forwarding Associations, together with the Korea International Freight Forwarders Association (KIFFA), have jointly decided to postpone the FIATA World Congress (FWC) scheduled to take place in Busan, Republic of Korea, on 19-24 October 2020. KIFFA will now host the FWC in 2022. The Asociación Panameña de Agencias de Carga will host the 2023 FWC in Panama City, Panama.

Freight ‘stowaway’ risks evolving but continue during COVID crisis

Mon. 8 Jun 2020
The pandemic has changed the dynamics of migrant smuggling along with freight markets, but as restrictions on movement begin to ease, migration activity and its costs to logistics operators could escalate, warns international freight insurer TT Club.

Opponents rally at news that EC consortia BER could be re-evaluated next year

Fri. 5 Jun 2020
Opponents of the EC’s recent decision to allow the liner shipping industry to continue to enjoy its exemption from antitrust consortia regulation until 2024, will not have to wait long to again voice their opposition.

Potential to extend payment period for Customs/Import VAT Duty due in 15 Jun

Thu. 4 Jun 2020
Duty Deferment Account holders who are experiencing severe financial difficulties as a result of the COVID-19 measures in place, and who are unable to make payment of deferred customs duties and import VAT due on 15 June, can contact HMRC for approval to an arrangement for extended period for making full or partial payment without having their guarantee called upon or their account suspended.

Air Cargo Capacity Crunch: Demand Plummets but Capacity Disappears Even Faster

Wed. 3 Jun 2020
The International Air Transport Association (IATA) released data for global air freight markets in April showing that demand dropped 27.7% compared to the same period in 2019 - the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft.

TAPA warns of a significant spike in cargo thefts as criminals get back to 'business as usual'

Wed. 3 Jun 2020
Manufacturers and logistics service providers must be prepared to protect their supply chains from a projected significant spike in cargo thefts as coronavirus lockdowns begin to be lifted across the Europe, Middle East and Africa (EMEA) region, the Transported Asset Protection Association (TAPA) has warned.

Update to Coronavirus Job Retention Scheme and Coronavirus Large Business Interruption Loan

Mon. 1 Jun 2020
On Friday (29 May 2020) the Chancellor announced changes to the Coronavirus Job Retention Scheme, commonly known as the furlough scheme.

Reinventing inventory strategies could lead to spike in warehousing demand

Fri. 29 May 2020
Received wisdom suggests that one impact of the Covid-19 pandemic is that companies are giving series consideration to their inventory strategies going forwards.

24% jump in companies asking their suppliers for environmental transparency

Fri. 29 May 2020
CDP Worldwide has recently announced that there has been a 24% jump in the number of companies asking their suppliers to report environmental data this year.


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