U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
Passenger aircraft are being used to fly essential cargo between continents. Learn more about what the airlines are doing to survive and to assist key supply chains.
The Justice Department said joint logistics operations among five American medical supply distributors to provide protective medical gear to virus hot spots does not violate antitrust law.
No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco’s resiliency program is “the closest thing to having a playbook.”
FIATA questions the reasonableness of assessing demurrage and detention charges against shippers and forwarders during pandemic.
French carrier reports entire 500-vessel fleet is free of coronavirus cases.
BMW Group has initiated the “PartChain” project to create an industry-wide solution for secure data-sharing.
Leader of container and chassis provider organizations heartened to see cooperation during the coronavirus crisis “to minimize the impact for the greater good.”
Sick seafarer has been isolated on board the container ship off the coast of Spain.
CEVA and DHL free themselves from contractual constraints to realign operations and facilitate pricing flexibility during pandemic.
Crew members evacuated from container ship, tested for coronavirus and hospitalized in China.
A C-suite and board are shuffled, and a commercial operations director and Europe manager are hired.
If confirmed, these would be the first reported cases of COVID-19 on board a container ship.
Carrier generates $815 million in cash with sale of stakes in eight port terminals.
Critical cargo initiative launched to quickly process imports needed in the fight against the coronavirus.
International Maritime Organization secretary-general stresses that world trade during the coronavirus pandemic depends on the mariners who move goods.
“Vessel-sharing is the backbone of the global liner shipping network,” John Butler, the World Shipping Council’s president and CEO, said.
The Chinese government is using the reason “Acts of God” to void many contracts due to coronavirus. Darren Prokop explores whether that is hurting current trade and will impact trade in the future.
Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.
U.S. Customs and Border Protection officers at the Chicago O’Hare airport international mail facility find more counterfeit coronavirus test kits in parcel shipments from the U.K.
Coronavirus has strained supply chains and had a huge impact on the movement of freight.
New travel restrictions between the U.S., U.K. and Ireland will further inhabit the flow of freight into the U.S.
Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.
Trump administration reminds U.S. exporters of semiconductors and other technologies that it views the Chinese telecom equipment manufacturer as a continued security threat.
The companies that control the bulk of ocean cargo opearte under different rules than most companies. Read Darren Prokop’s explanation of why that is…
XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest units.
The fake Oral-B toothbrush heads, which arrived at Philadelphia airport from Turkey, were likely made in “unsanitary facilities with substandard materials,” U.S. Customs and Border Protection said.
Brian Aoaeh explores the vulnerability of supply chains in an interconnected world that is threatened by a potential pandemic.
The 2019 Protecting America’s Food and Agriculture Act provides funding to help Customs and Border Protection close a shortfall among its agriculture specialist ranks over the next three years.
The UN Human Rights Council has developed a database identifying companies that conduct business with Jewish settlements in the West Bank.
DHL has decided to close its StreetScooter electric vehicle business, plus household income rises, aluminum plant likely to close, and why Americans will love self-driving trucks.
Passenger and freight traffic showed big declines this month in certain regions. Airports and airlines are moving to right-size operations to the downmarket caused by the coronavirus.
Recent Volvo Truck innovations in the U.S., and a new truck line in Europe continue to focus on driver comfort and keeping vehicles and drivers productive.
Democratic Senators Charles Schumer and Sharrod Brown say sanctions should target not only the responsible Russian government agencies and officials, but President Vladimir Putin.
Descartes will now serve an extended ecommerce customer base that is looking to enhance its direct-to-consumer fulfillment performance.
The Bureau of International Security and Nonproliferation ordered the revocation of export licenses linked to violators of the Iran, North Korea and Syria Nonproliferation Act.
The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.
Airbus warned that tariff increase on European aircraft would result in “more instability for U.S. airlines that are already suffering from a shortage of aircraft.”
The Distilled Spirits Council is “gravely concerned” that an ongoing trade spat between the U.S. and EU will upend a decade-long increase in international sales.
The Swiss government will serve as the go-between to manage financial transactions involving medical and other exports to Iran and ensure Iranian sanctions are not violated.
Over the years, hundreds of tankers were employed in the grain trades.
Moscow-based Grand Service Express began offering service to the Russian-occupied Crimean Peninsula in December.
A twin push to reduce labor costs and carbon emissions could transform ro/ro traffic flows, according to white paper.
A dispute over France’s digital services tax has the Office of the U.S. Trade Representative considering up to 100% tariffs on French champagne and sparkling wine imports.
Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.
The Jones Act has been in effect for nearly 100 years. Read about its pros and cons in this commentary by Darren Prokop.
Air Cargo Market Expert Jesse Cohen writes an insightful commentary on what the outlook for air cargo is in 2020.
A strong U.S. economy should see Europe-North America container volume growth of 3%+ next year, but clouds hover over the trade.
Aircraft return to service with loading restrictions
The digitalization of Navantia’s purchasing and procurement segments have led to a 52% increase in purchasing efficiency and reduced its supply cycle time by 25%.
Trucking businesses will have to look at digitalization as a means to stay afloat during times of technology disruption.
Third runway to open between early 2028 and late 2029
Upgrade expands carrier’s fast-pricing ability beyond contract rates
The transport and logistics sector witnesses thousands of cyberattacks every year, and it is essential for stakeholders to be wary of opportunistic threats and impersonation attacks to keep their operations secure.
FedEx on the ropes after awful fiscal q2 results, stock price plunge
Survey respondents expect pick-up in three months
The European Green Deal is looking to shift 75% of EU freight traffic from road to rail and reduce greenhouse gas emissions by 90% by 2050.
International container operator DP World joins Asian and European feeder networks together; synergies – and tensions – abound, say analysts.
British transport associations call on Prime Minister Johnson to quickly agree a future trading arrangement with the European Union.
U.K.-based drone technology startup Skyports operates across London, Los Angeles and Singapore today and plans to be a leader in urban aerial mobility.
The U.K. is now almost certain to leave the European Union on Jan. 31. However, a no-deal Brexit remains a possibility.
After electoral win, the newly empowered Conservative Government will push through legislation to ensure the U.K. leaves the European Union as scheduled on Jan. 31.
GIC, Singapore’s wealth fund, has acquired a Pan-European logistics real estate portfolio that has an accumulated industrial space of over 1 million square meters.
Labor union inks pay deal to keep Christamas merry
Shipyards are facing a scrubber stampede as container lines seek to sidestep paying for low-sulfur IMO 2020 bunkers beginning on Jan. 1.
IATA is optimistic that the trade wars, geopolitical tensions, Brexit and social unrest of 2019 will be less damaging in 2020, offering air cargo stakeholders welcome respite.
Freight forwarding giant details innovation required to balance sustainable packaging with customer satisfaction and product safety.
Cash-constrained carrier averts shutdown
German-based chemical company BASF has reportedly planned to build a cathode factory in the state of Brandenburg, Germany, catering materials for electric car battery production.
Losses in Europe are estimated to now be costing businesses billions of euros a year.
Urban spaces are now seeing a trend where commuters are seeing sense in moving away from the concept of owning a vehicle for transit to picturing mobility as a service.
Airlines for Europe (A4E) lobbies policy-makers to support air cargo sector
The Swedish truck giant’s venture capital arm has invested an undisclosed sum in Autotech Ventures.
Shareholders of beleaguered U.K. trucking company Eddie Stobart have gone ahead and accepted a £55 million rescue deal that would help the company come out from the brink of administration. […]
Consumers want more information about their food – where does it come from, was it ethically sourced, was it shipped in a safe and sanitary manner, etc. Ben Thrower provides information about how this trend is impacting food companies, growers and consumers.
Contributor Ben Thrower writes about the growing ties between the Chinese and European economies and the potential danger of those ties.
Airlines insist that decision was mutually agreed
Manufacturers also call for the rapid roll-out of dedicated charging and refueling infrastructure to help reduce the share of trucks running on diesel.
Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.
The DHL Connectedness Index analyzes the flows of trade, capital, information and people across the world to understand its impact on globalization.
“Undercover boss” believes average international airfreight shipment times should be at least a day faster. Experts agree the sector can up its game.
Airport has ambitious China plans
Road transport organization TAPA has welcomed the EU initiative of creating a safe truck parking standard, while advocating for collaboration with its existing truck parking PSR standard.
Job action would come during peak holiday shopping period.
Carrier offering thrice-weekly service between Zurich and Cancun.
The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.
Construction begins for the long-delayed project to triple the capacity of the Canadian oil pipeline to nearly 900,000 barrels per day.
Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.
French workers are demonstrating for reforms in their pension plan, leading to a protest that will see most employees of transport companies strike beginning on Dec. 5.
Air India, Alitalia and South African Airways may be facing a bleak future.
An Office of the U.S. Trade Representative investigation concludes that a French tax on digital services discriminates against U.S. companies, such as Google, Apple, Facebook and Amazon.
The partnership between IVECO and Nikola Motors announced in September will roll out its first battery electric truck to European buyers in 2021. A fuel cell electric model will follow in 2023.
Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.
Vos Logistics has acquired SNEL Shared Logistics, which operates a 65,000 m2 warehouse in close proximity to the major Dutch cities of Amsterdam, Rotterdam, Den Hague and Utrecht.
Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across […]
French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.
Spanish road freight startup Ontruck has acquired digital freight forwarding platform Briver, in an attempt to consolidate its market position in the Spanish region of Cataluña.
Government mulling options as rescue bid stalls
Prologis signs joint venture with Norwegian investment giant to buy 19 million square foot U.S. portfolio for nearly $2 billion
