Category: Freight

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Freight forwarders get updated trading conditions

A new edition of the British International Freight Association’s (BIFA) Standard Trading Conditions (STC) has been launched, replacing the previous version revised in 2017. The latest edition has been produced as a consequence of the UK’s exit from the EU and reflects changes to Direct/Indirect Representation with HMRC. Robert Keen, director general of BIFA says: “Over time, in the same ways laws must change, so do contractual rights and obligations

Airfreight rates expected to remain elevated in 2021

Airfreight rates are expected to remain elevated in 2021 as the demand outlook remains uncertain and belly capacity is slowly re-introduced into the market. Writing in a Baltic Exchange market update, Bruce Chan, vice president – global logistics at investment bank Stifel, said that airfreight rates are likely to remain elevated and volatile for some time, and those looking for reprieve in 2021 may have to be patient. Chan said

E2open selects Shippeo as Strategic Partner to Accelerate Value Creation for Clients

E2open, the network for the emerging digital economy, and Shippeo, the European leader in real-time transportation visibility (RTTV), today announced a partnership to interconnect their networks and accelerate value creation for their clients. Through its multi-enterprise business network, E2open connects clients with all tiers of channel, supplier, logistics and global trade ecosystem partners to make better decisions and orchestrate global supply chains across industries. E2open’s carrier network includes all modes

Traders Corner – Bis Henderson Space

Steve Purvis, Operations Director at Bis Henderson Space takes part in ITM’s 60 second read Traders Corner for the latest edition of ITM magazine.    What does ‘logistics’ mean to you? Logistics is all about the coordination of inbound and outbound flows of goods, and trying to manage unexpected scenarios that might pop-up from time to time – like Brexit! What made you want to work in the industry? I

Supply Chain

Trade uncertainty is the top barrier to supply chain innovation

Stefan Tärneberg, director of Solution Consulting at BluJay Solutions, predicts four supply chain job roles that will grow in the face of Brexit blues Four in ten (39%) logistics professionals say trade uncertainty is the top barrier to supply chain innovation in their companies, according to the latest global research from BluJay Solutions. The findings suggest that geopolitical factors such as Brexit are holding companies back from investing in supply chain resilience and

The future of the shipping industry

The shipping industry has faced challenges in 2020, so what technologies and innovations will help the efficiency and ease of the shipping landscape in 2021  The world economy will recover following the COVID-19 pandemic and it will be the global shipping industry that will be at the forefront of this fightback. Yet the sector will not emerge unscathed and there will be economic casualties and any recovery will take time.

Brexit Transition: Preparing for uncertainty

(Dated pre deal) The EU and UK have not yet reached a conclusion regarding the outcome of a Brexit deal, so what can companies do to best prepare for an uncertain eventuality? As we approach the end of the Brexit transition period, many companies are struggling to prepare themselves amidst the current uncertainty of Brexit and the Coronavirus pandemic.  Many British businesses, along with the UK operations of multinationals, depend

Big‌ ‌Interview:‌ ‌Recognition‌ ‌for‌ ‌the‌ ‌industry‌ ‌

ITM Editor, Rebecca Spayne, sits down with Robert Keen, Director General of the British International Freight Association (BIFA) to discuss the current freight landscape BIFA acts as representation for a large number of freight forwarders, how are you helping guide the industry at this time? In 2020, as in every year, we try to help our members and the businesses they serve by continuing to provide advice and information on

Delta highlights readiness to transport Covid vaccines

Delta Cargo has highlighted its readiness and capability to transport Covid-19 vaccines. The carrier has large warehousing and cooler facilities in Atlanta, Detroit, Los Angeles, New York-JFK and Seattle, as well as a network of 49 certified pharma hubs at airports around the globe. Delta also has a global distribution function in coordination with Air France KLM Martinair Cargo and Virgin Atlantic Cargo, which ensures “end-to-end compliance and assurance for customers”

IATA: Cargo demand set to return to near 2019 levels next year

Air cargo volumes are expected to return to near 2019 levels next year, according to IATA’s latest market forecast. The airline association said that improved business confidence and the important role that air cargo should play in vaccine distribution is expected to see cargo volumes grow to 61.2m tonnes, essentially matching the 61.3m tonnes carried in 2019. It also projected that a continued capacity crunch due to the slow reintroduction