Business

Rotterdam lab to put Blockchain under the microscope

The Municipality of Rotterdam and the Port of Rotterdam Authority have opened a ‘BlockLab’ to develop concrete applications and solutions based on blockchain technology. It has been financed by the two partners with the support of regional development corporation InnovationQuarter. The partners say that Blockchain is one of the most crucial fields in innovation today, allowing users to conduct transactions without involving a third party. Data technology guarantees the necessary checks ... [+]

FedEx counts the cost of TNT virus attack

FedEx said that the NotPetya cyber attack that hit its newly acuired TNT Express arm had hit its sales by about $300 million in the past three months. However, all TNT’s main systems were now working again, although parcels  volumes have been reduced, it said. Parcel ... [+]

Davies Turner recruits high-tech apprentices

Freight services company Davies Turner has recruited another 12 A-level school leavers and graduates for this year’s trainee programme. A new departure for Davies Turner’s apprentice scheme, now in its eighth year, is that this year’s intake includes two IT net developers who will join ... [+]

New BIFA terms and conditions from 1 October

  The new edition of the British International Freight Association's (BIFA) Standard Trading Conditions (STC), last revised in 2005, will be launched on 1 October. The revised edition has been produced following an extensive review of the existing STC by the BIFA Legal and Insurance Policy Group, ... [+]

HMRC ponders single customs and tax system

HMRC head John Thompson has told the Treasury Committee that the department is investigating a possible “Singapore-style” system that would allow companies to handle tax and customs checks done in one place, the BBC reports. It would however mean bringing together 26 different organisations into a ... [+]

FTA Ireland calls for Brexit support

  The Freight Transport Association of Ireland (FTAI) called for Government support and assistance to help it stay viable after Brexit in its pre-Budget submission to the Minister for Finance, published on 8 September. FTAI general manager Aidan Flynnsaid that Budget 2018 would be a defining moment ... [+]

Panalpina completes Kenyan purchase

Panalpina has completed acquisition of flower and vegetable forwarder Air Connection, following approval by the Competition Authority of Kenya. The move follows Panalpina’s acquisition of Airflo in 2016. Founded in 1993, Air Connection has operations close to Jomo Kenyatta International Airport in Nairobi and in ... [+]

Leman to buy UK’s Maru International

Danish transport and logistics company Leman has acquired freight forwarder Maru International – its third UK purchase in two years. Maru is a European road transport specialist and also offers air, sea and logistics solutions at its offices in Dewsbury in Yorkshire, Braintree (Essex) and Coatbridge ... [+]

Ireland freight ‘heading for Brexit cliff edge’

The Freight Transport Association of Ireland (FTAI) has warned that the UK government’s lack of focus and lethargy in preparing its position Brexit could cause irreparable damage to Irish transport and logistics. With the latest round of negotiations between the UK and Brussels getting underway, ... [+]

Delamode to list on stock exchange

Essex-based East European forwarding and logistics specialist Delamode has been listed on the AIM market of the London Stock Exchange. Parent company Xpediator said it would use the proceeds for mergers and acquisitions and to accelerate organic growth plans. [+]