Archives



Business

Lockdown fails to deter cargo crime

Criminals stole of more than €172 million worth of goods in Europe, the Middle East and Africa (EMEA) in 2020 despite the Covid said the the Transported Asset Protection Association (TAPA) in its Cargo Theft Annual Report. Based only on data reported to the Association’s Incident Information Service (IIS), in a year when governments were advising people to stay at home, TAPA EMEA still recorded 6,463 cargo thefts in 56 countries ... [+]

Government urged to keep close tab on freeports

The Parliamentary International Trade Committee is urging the Treasury to promptly publish an impact assessment for reports including estimates for economic growth, trade, investment and job creation, in a report published on 20 April. It remains to be seen how successful freeports will be at achieving ... [+]

Imperial to sell Latam shipping business

Africa-based Imperial Logistics is to sell its South American shipping business to Hidrovias do Brasil, an independent integrated logistics provider focused on waterways in the region, for a maximum of US$90.0 million. Imperial will focus on its African business in the healthcare, consumer, chemicals, automotive, ... [+]

Bullet takes Fortec stake

Glasgow-based forwarding and logistics company Bullet Express has become a shareholder member in the Fortec pallet network.  Fortec, began offering shareholder memberships to its members when it was acquired by Pall-Ex Group in August 2020. Bullet Express became a shareholder member of the Pall-Ex network when ... [+]

U-Freight boss sees e-commerce boom

U-Freight predicts that the global e-commerce logistics market will hit €557 billion by 2025, having grown 27.3% in 2020. Chief executive Simon Wong said his experience mirrored a recent report by Transport intelligence (Tii) which described e-commerce as one of the key growth sectors for logistics ... [+]

Last call for Euro-IT grants

Small businesses that move freight based in East Sussex, Essex, Kent, Norfolk or Suffolk are being invited to apply for one of the remaining 33 ERDF-funded TALE (Transport and Logistical Efficiencies) grants of up to £10,000 to improve their logistics. They can be used for ... [+]

Young Forwarders hit a half-century

The British International Freight Association's Young Forwarder Network (YFN) has held 50 events, two years after it was launched in March 2019, despite the disruption caused by Covid-19 and Brexit In its first year, 741 individuals attended 28 events organised by the YFN, which included regional ... [+]

UK trade is cause for concern, says ParcelHero

The latest UK trade figures, which showed a £65bn fall in the value of British exports in February, make grim reading, says broker. ParcelHero. It says PM Boris Johnson’s claim that his deal will leave Britain ‘prosperous and dynamic and contented’ looks increasingly far-fetched.Head of ... [+]

Brexit prompts JD Sports to open Dublin DC

JD Sports is to open a 65,000 sq ft warehouse near Dublin to handle its Irish business in the wake of Brexit, reports the BBC. The retailed says that goods imported from Asia now incur tariffs when they are distributed on from the UK to its ... [+]

Brexit hits business – but some firms benefit

Some 43% of businesses said they have been impacted negatively by Brexit in 2021 – but 19% of businesses are thriving in a post-Brexit world, particularly electronics and computer firms, according to a report by logistics software group Descartes. The report adds that 90% of ... [+]