Chris Lewis
Deepsea containerised cargo volumes fell a further 2.5% during the final quarter of 2022 during what is traditionally the peak season, said the Global Shippers Forum and consultants MDS Transmodal in their latest Container Shipping Market Review.
GSF secretary general James Hookham said that volumes have fallen steadily in the early weeks of 2023 and world trade continues to stumble as economies grapple with persistent inflation and high energy prices, suppressing ...
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Hong Kong-based Kerry Logistics Network says its annual revenue in 2022 increased by 10% to HK$86,649 million (2021: HK$78,955m, excluding discontinued operations).
Core operating profit dropped by 12% to HK$4,790m (2021: HK$5,441m) but core net profit increased by 11% to HK$3,572m (2021: HK$3,220m).
E-commerce and Express (E&E) business recorded a segment loss ...
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Organisers of the Multimodal show in Birmingham NEC on 13-15 June have revealed the programme of discussions and presentations. These include: Peak Season Preview 2023; Digitalisation of International Trade and Transport; A Rail Retail Revolution; Roadblocks to sustainable freight - and how to overcome them; Cargo integrity and; The UK’s ...
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The conflict in Ukraine has had a significant impact on chemical logistics, says UK-based specialist operator Suttons International. Supply chains in Europe and globally have been compromised and many long-established routes have been disrupted. However, the long-term effects are yet to be fully understood, it adds.
The impact the conflict has ...
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The government announced new measures to simplify customs import and export processes for traders, taking advantage of new freedoms following EU exit, in the Budget on 15 March.
Improvements to the Simplified Customs Declaration Process (SCDP), following consultation in 2022, include increasing the amount of time traders have to submit their ...
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Cathay Cargo says that its enhanced Cathay Mail platform will give post offices track-and-trace visibility and improve customer experience.The “mail as cargo” solution integrates mail-handling data with air cargo systems using the the postal air waybill (PAWB) to remove much of the shipment paperwork previously needed. It gives origin and ...
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APM Terminals has signed a partnership with Vietnam’s HATECO group to develop two new deep-water berths at Lach Huyen port in Haiphong, in the north of the country. Each berth will 450 metres long, capable of accommodating container vessels of up to 18,000teu and in the initial phase, the facility ...
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The Trades Union Congress has criticised the decision to appoint Dubai-based port operator DP World as one of the operators of the Thames Freeport, pointing out that it is the parent company of P&O Ferries. The ferry operator was widely condemned after it sacked 800 of its workers without consultation ...
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The Breeze digital insurance online platform for forwarders and logistics companies has appointed Patrizia Kern as its chief insurance officer. Kern has over 30 years’ experience in senior roles across the marine insurance industry, most recently at Swiss Re Corporate Solutions’ global marine division, where she headed up the unit's ...
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EV Cargo has opened a new e-commerce fulfilment centre in Hangzhou and appointed Jason Lin as vice president – commercial for Greater China. The company, which bought Allport in the UK and owns the Palletforce network, recently opened branches in Shanghai, Ningbo and Qingdao, adding to Shenzhen and Hong Kong.
EV ...
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