News Archive

World Container Index - 02 May

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is up 2.7% to $1,378.99 per 40ft container (updated Thursday, 2 May 2019).

Forwarders welcome Heathrow ruling

Speaking after yesterday’s ruling by the High Court in London against campaigners challenging the legality of the UK government’s decision to allow a third runway at Heathrow Airport, Robert Keen, Director General of the British International Freight Association (BIFA) said:

DfT sued by ferry operator over no-deal Brexit preparations

P&O Ferries confirmed today it has initiated legal proceedings against the Department for Transport (DfT) over an ‘unfair and unreasonable’ £33m settlement paid to Eurotunnel last month.

First border crossing to use United Nations e-CMR consignment note

A pilot project grouping France, the Netherlands and the UK, was handled in February and March involving Transports FIOLET, in France; International Road Ferry in the Netherlands; Brian Yeardley Continental, in the UK under the supervision of FNTR, FTA, TLN/ Beurtvaartadres and the UK Department for Transport.

World Container Index - 25 Apr

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is up 0.9% to $1,342.19 per 40ft container (updated Thursday, 25 April 2019).

China-Europe rail services a real success story as exports rocket

China’s Belt and Road initiative (BRI) may have faced recent strong criticism from the EU, but that has not dented the growth in its exports to Europe.

Campaign for Greater Container Safety Must Focus First on Dangerous Goods

The recent reports of container ship fires has once more focussed those in the container supply chain on safety issues related to the incorrect processing of dangerous goods. The nascent Cargo Integrity campaign initiated by the international transport and logistics insurer, TT Club has as a consequence gained renewed impetus.

Ti research reveals growth rates and market sizes of four major logistics markets

Releasing the IMF’s April 2019 World Economic Outlook Report, Managing Director Christine Lagarde stated that “the global economy is at a delicate moment” and that “global growth has been slowing, largely because of rising trade tensions and financial tightening in the second half of 2018.” These effects have been felt across the logistics market over the course of 2018, as can be seen from Ti’s newly released market sizing data.

BIFA welcomes extension of deadline for Customs training funding applications

The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has welcomed the UK Government’s decision to extend the deadline for businesses to apply for funding towards training courses that help them to complete customs declarations.

Associations Commit to Accelerating Logistics Emissions Footprinting and Reduction

Given the increasing urgency to step up decarbonisation efforts in the logistics sector, European shippers and freight forwarders are committed to logistics emissions footprinting and reduction. ESC and CLECAT stand for a universal methodology to calculate emissions from logistics operations, provided by the GLEC Framework, and support upgrading it into an ISO standard. However, this should remain a voluntary initiative led by the industry.