Logistics News with TELS GLOBAL

Spanish lorry drivers plan a scheduled series of strikes

Spanish lorry drivers plan a scheduled series of strikes

Spanish lorry and bus drivers will launch a series of strikes from 28 October to demand better retirement conditions due to the dangerous nature of their profession, was announced on Monday by Spain’s two largest unions.

EU mobility has been simplified, but not significantly

EU mobility has been simplified, but not significantly

The European Union’s Court has annulled a provision of the EU Mobility Package requiring vehicles involved in international transport to return to the country of registration every eight weeks.

Sea and air transport in Europe to become more expensive due to environmental regulations

Sea and air transport in Europe to become more expensive due to environmental regulations

FuelEU will enter into force from 1 January 2025 obliging maritime carriers to reduce greenhouse gas emissions on routes within and to/from the EU.

China’s Manufacturing PMI hovers between contraction and expansion

China’s Manufacturing PMI hovers between contraction and expansion

Manufacturing output growth slowed for the fourth month in a row amid unclear prospects for external and domestic demand. In the coming months, the massive measures taken by the authorities to support the economy should boost domestic demand in China, but their potential effectiveness is still questionable.

China growth to slow, euro zone to improve: OECD forecasts global growth

China growth to slow, euro zone to improve: OECD forecasts global growth

The Organisation for Economic Cooperation and Development expects the world economy to grow 3.2% both this and next year, nudging up its 2024 forecast from 3.1% projected previously while leaving 2025 unchanged.

Euro zone business activity contracts in September

Euro zone business activity contracts in September

The preliminary euro zone composite Purchasing Managers’ Index (PMI), compiled by Hamburg Commercial Bank (HCOB) and S&P Global, reached an eight-month low of 48.9 from August’s 51.

New air freight route links China and Poland

New air freight route links China and Poland

Four to six flights per week will operate on the route starting in early October.

Germany’s border controls expose market operators to risks of losses

Germany’s border controls expose market operators to risks of losses

In addition to the controls already in place at the borders with Poland, Czechia, Austria, France, and Switzerland, inspections will also be introduced at the borders with Luxembourg, the Netherlands, Belgium, and Denmark.

Rail transit traffic along China – Europe – China route up by a factor of 1.9

Rail transit traffic along China – Europe – China route up by a factor of 1.9

Despite the rapid growth in traffic relative to last year, transit is far behind the level of 2021.

Container ship fires on the rise

Container ship fires on the rise

International freight and logistics insurance provider TT Club has called for urgent action from all stakeholders to improve safety protocols for transporting hazardous goods.

Business insolvencies on the rise across Europe

Business insolvencies on the rise across Europe

Europe is experiencing a marked increase in the number of insolvencies in the transport sector. This trend is expected to persist until the end of 2024.

EU to invest in environmentally friendly transport projects

EU to invest in environmentally friendly transport projects

The European Commission has selected 134 projects in the transport sector to receive EUR 7 billion under the Connecting Europe Facility (CEF).

Euro zone factory activity mired in contraction in August

Euro zone factory activity mired in contraction in August

The slump in German manufacturing accelerated, while activity in France contracted at the fastest pace since January.

Number of long-term airfreight contracts is growing

Number of long-term airfreight contracts is growing

The Xeneta’s report begins with global air cargo demand growing by 12% year-on-year over the first seven months of 2024. On the supply side, global air cargo capacity grew by 4% in the first seven months of 2024.

Linerlytica suggests that sea freight rates can drop by 70% over 12 months

Linerlytica suggests that sea freight rates can drop by 70% over 12 months

The Shanghai Containerized Freight Index for Spot (SCFIS) has been on a downward trajectory since its peak in July, particularly concerning the US West Coast.

Reuters: Foreign airlines lose interest in China

Reuters: Foreign airlines lose interest in China

Since the outbreak of the conflict in Ukraine in 2022, Chinese carriers have continued to take shorter northern routes to Europe and North America over Russia’s airspace, while this option has been unavailable for European airlines. Reuters notes that this has given Chinese airlines a cost advantage, allowing them to take a greater share of the international market.

Turkey overtakes Poland in investment attractiveness

Turkey overtakes Poland in investment attractiveness

To circumvent tougher tariff policies of the European Union, China’s electric car manufacturers are looking for alternative ways to gain access to the European market.

China–Europe rail container traffic grows at double-digit rates

China–Europe rail container traffic grows at double-digit rates

In July this year, 1,776 container trains carried 185,000 TEU, the third month in a row when more than 1,700 trains were dispatched.

India gains more interest from European businesses than China

India gains more interest from European businesses than China

A study by DZ Bank shows that German businesses are increasingly focusing on India, with 15% of companies planning to expand their supply chains to India. In autumn 2022, this share was still a good 10%.

Turkish container turnover up 1.5 times, with more than a quarter of the volume coming from the EU

Turkish container turnover up 1.5 times, with more than a quarter of the volume coming from the EU

It has raised concerns that some carriers may be transhipping goods through Türkiye to avoid paying EU carbon taxes.