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Logistics News with TELS GLOBAL
Shipping Delays to European Ports Continue to Increase
FourKites, the supply chain visibility platform, states that the shipment time to the European ports has increased by 25% compared to the data from February 17.
Diesel fuel shortage looms in the world market
According to Insights Global, a Dutch consulting company, at the beginning of February, stocks of diesel fuel and fuel oil in storage in the European refining and storage area Amsterdam-Rotterdam-Antwerp (ARA) were at their lowest for this season since 2008
More than two weeks in line at the border
Two queues of trucks were formed at the Privalka checkpoint. One is for truck drivers who enter Lithuania on a common basis, and the other is for those who have a paid pass.
Freight Rates. Current Situation and Forecasts
Freight rates for all modes of transport have been unstable and mainly increasing. Read more on the market outlook as well as the reasons for rate growth in the consolidated information prepared by experts.
Elimination of Subsidies Will not Affect Freight Train Transport Services from China
The Global Times (Huanqiu shibao), the Chinese newspaper, published the results of survey of rail freight users on the possible abolition of government export subsidies for transportation.
Combination of Rail and Sea Is a Sustainable Trend of Alternative Transport
In the context of serious problems in the maritime transport industry (the rates and delivery time have increased, while the accurate forecasting has become impossible), the market of multimodal transport combined with rail and “short sea” is growing. The flow of goods from China to Europe via Baltic ports is increasing.
Logistics in the Automotive Industry, the Pandemic Period
We continue our interview by discussing how logistics in the automotive industry has changed over the past two years and how logistics operators can develop in the new conditions.
Two-Thirds of Containerships Face an Average Delay of 7.6 Days
According to Sea-Intelligence, schedule reliability figures dropped to all-time low 33.6% in August 2021. It hovered between 35–40 % during the year.
The Infrastructure Is Stressed by Container Train Congestions
According to press service of RZD Logistics, freight trains are creating an immense congestion at the borders of China and Europe.
Rail Remains 3.5 Times Cheaper Than Sea Freight
In 2021, container shipments by rail from China to the EU increased by 1.5 times year-on-year.
European Road Transport Market Will Exceed Pre-Pandemic Level
The value of European road transport market will increase by 8.6% in 2021 against 2020 and will exceed the pre-pandemic level by 2.2%, reports Transport Intelligence.
Road Freight Rates in Europe Have Been Growing for Five Consecutive Quarters and Are Going Upwards in the Sixth
The average road freight rates in Europe increased by 2.9% in the third quarter of 2021 against the previous year.
Air Freight Costs Have Almost Tripled Since the Beginning of the Year
According to the UK-based Air Charter Service, a charter from Asia to North America on a Boeing 777 now costs around $2 million. For reference, the pre-pandemic highest price for such a charter was $750K.
European road carrier rates will rise in 2021-22
We would like to share statistics figures and estimates on the rate growth from European road freight carriers. his information is important for understanding the near and long-term prospects in the freight market both within the European Union and to / from Europe.
Shifting Priorities: Timeliness Is Beyond Money, Multi-Sourcing Is Better Than Single Sourcing
The report covers continued disruptions in supply chains, tonnage deficiency and shortage of equipment forcing the companies to re-prioritize supply chain management systems.
Air Freight Rates from China Are Climbing
Prices for one-way air freight charter flights have soared to US$1.5 million as capacity is getting tighter during peak seasonal demand periods.
New Achievement of TELS in Corporate Social Responsibility
In July this year, TELS passed the CRS audit (for compliance with the principles of Corporate Social Responsibility) again increasing its score by 8 points!
Things You Might Not Know About Air Cargo
The air cargo market has got many peculiar features. It will surprise by numerous things from relationships with agents to the unexpected behavior of the airlines, which is quite often. Nevertheless, TELS has been developing successfully in this market demonstrating unique qualities at times and taking a leading part in solving numerous issues.
Air Cargo Market Is Growing at a Strong Pace Despite the Many-fold Increase in the Rates
According to the International Air Transport Association (IATA), the demand for air cargo services increased by 12% in April 2021 compared to the values in April 2019.
Rate Cuts Not Expected This Summer Season
Summer has always been characterized by a seasonal decline in transportation rates in the market. Forwarding companies take this factor into account when preparing annual contracts with their customers.