Asia freight market update; March 2023
With cargo volumes in a downward cycle, air and sea freight rates have weakened on major trade-lanes and routes and further pressure will build as new airline belly-hold capacity is…
News
Lines likely to add capacity to profitable transatlantic routes
While the revenues the container shipping lines are making on the transatlantic trade has come down slightly since the beginning of the year, it remains far above comparable revenue on…
Oriental Global Logistics; Paving the way for eCommerce success
With between 80% and 90% of eCommerce start-ups failing, it is clear that building a successful online business takes more than creating a brand, finding suppliers, building a site and…
UK/EU agree Northern Ireland Protocol replacement
The the UK Government has reached an agreement in principle with the European Union, to replace the Northern Ireland Protocol and a considerable reduction in customs processes. (more…)
Mapping your supply chain security
The National Cyber Security Centre (NCSC), the part of GCHQ which helps protect the UK from cyber attacks is urging businesses to map their supply chain, so that risks can…
Asia freight market update; February 2023
The traditional Chinese New Year air and sea freight demand spike was extremely muted this year, with the container shipping lines reducing the number of westbound departures due to the…
New EU import control system for air freight
On the 1st March 2023, the European Union is launching a new customs pre-acceptance and pre-arrival security and safety programme (ICS2), which will collect data for all goods entering, or…
FMC uphold demurrage complaints
The Federal Maritime Commission (FMC) has received more than 200 complaints since the US Ocean Shipping Reform Act of 2022 (OSRA) was enacted in June 2022, with over 30% being…
20,000 UK businesses need to submit Plastic Packaging Tax returns
It is estimated that 20,000 manufacturers or importers, including those involved in packaging and industrial manufacturing of consumer goods, as well as food and beverage producers, and the pharmaceutical and…
Customs: Keeping you compliant and saving you money
For three decades we have been supporting importers and exporters through the customs clearance process; safeguarding compliance, protecting cashflow and building supply chain resilience. (more…)
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