BIFA

BIFA welcomes latest round of customs declaration funding

Customs intermediaries based in the UK can apply for £50m of new funding to help expand declaration capacity ahead of the ending of the Brexit transition period. At the end of the year, the UK’s transition period for leaving the European Union will come to end, meaning customs formalities and controls will apply to goods being transported to and from the European Union. This will result in the need for

DHL

DHL adds new life sciences facility in the US

DHL Global Forwarding has opened a new $1.6m facility in Indianapolis in the US as it continues to target the life sciences market. The building offers bonded services and three temperature controlled chambers: 15-25 degrees Celsius storage and handling, 2-8 degrees Celsius storage and handling and -20 degrees Celsius storage and handling. Together the temperature controlled areas measure close to 20,000 sq ft and will be able to process pharmaceutical,

IATA

Small improvement in June says IATA

Global airfreight markets enjoyed a slight uptick in June – but at a slower pace than some of the traditional indicators have been suggesting, reveals the International Air Transport Association (IATA). Global demand, measured in cargo tonne-kilometres (CTKs), fell by 17.6 per cent in June – minus 19.9 per cent for international operations – in comparison with the previous year. “That is a modest improvement from the 20.1 per cent

dave-calhoun

Boeing axes more jobs

Boeing is to slash further jobs – and even consider re-locating the production of its iconic B787 Dreamliner from its South Carolina plant – in order to weather the COVID-19 head winds. In May of this year, the US plane-maker began a downsizing programme of involuntary layoffs as part of a strategy to reduce the number of its employees by 10 per cent because of the global pandemic. At the

Walker Logistics

Online retailers have no need to fear returns

For online retailers with an efficient and professional logistics partner, high volume returns should hold no fear says Charlie Walker, marketing director of Berkshire-based supply chain and online fulfillment specialist, Walker Logistics  As the ecommerce retail industry has grown, so too has the number of products ordered online that are returned. It is estimated that between 30 and 50 per cent of items purchased via the internet are sent back

Supply Chain

Technology and the future of logistics

Technology is paving the way for a successful future in the logistics industry, despite the challenges of a global pandemic. The COVID-19 pandemic has tested supply chains like no other event in recent history. With disruptions continuing to plague the global supply chain, businesses are being tested.  With entire populations isolating and quarantining, companies are seeing demand spike for certain items and diminish for others, while their access to parts

Descartes

Descartes: The value of global trade insights

The Coronavirus pandemic has exposed the fragility of the modern supply chain, as companies struggle to acquire the products and raw materials needed to keep revenue flowing. With many businesses relying heavily on a limited number of trading partners, many located in hard-hit areas like China, the scale of the supply chain disruption has been a wake-up call. Pummeling the Bottom Line COVID-19 shockwaves are being felt around the globe,

TT club forum

TT Club forum examines autonomous freight transport

The forum, held via an interactive webinar entitled ‘Drones and autonomous vehicles: The future… now?’, presented the current advances in autonomous transport in the air, at sea and on land. It examined the benefits and limitations of the technologies as well as the accelerating effects on adoption within international supply chains brought about by the current crisis The development of drones, autonomous road vehicles and unmanned ships has been rapid

Latvijas Dzelzceļš presents new business model

Global and regional changes in the transport and logistics sector are a major challenge for companies operating in the sector – they need to be flexible and able to adapt to new conditions, while remaining competitive, keeping their financial performance up, and considering new growth opportunities. The Latvian railway system’s freight throughput is up to 73 million tons, however, as the situation changes, the demand for such high capacity indicators

Border Strategy consultation

Border Strategy consultation gives further recognition to the key role of freight forwarders in cross-border international trade Noting the government’s launch of a consultation on its 2025 Border Strategy, the trade association for UK freight forwarders says that its extensive involvement with various government departments has highlighted the need for a thorough review of the way that the UK border operates. Robert Keen, Director General of the British International Freight