TELS News

New Spain-UK rail freight service for temperature sensitive cargo

New Spain-UK rail freight service for temperature sensitive cargo

Maersk launches new Spain-UK rail freight service for transport of fresh produce.

Shipping goods from China to Europe takes 3 months on average

Shipping goods from China to Europe takes 3 months on average

The period of 94 days is the average time for shipping goods by sea from China to Europe. The pre-pandemic average transport time was around 60 days.

Foreign transport business “invades” Europe

Foreign transport business “invades” Europe

The influx of foreign entrepreneurs in Europe began in May, and every month there are more and more drivers and transport companies from abroad. 95% of entrepreneurs who have set up their businesses in Europe developed the transport industry in their homeland.

Container freight rates are falling, but what will be the floor?

Container freight rates are falling, but what will be the floor?

The Clarksons charter rate index is currently 246 points, remaining more than four times the 2019 average. However, the index dropped 26% week-on-week last week.

Deutsche Bank says it now expects a ‘longer and deeper’ recession in Europe

Deutsche Bank says it now expects a ‘longer and deeper’ recession in Europe

Deutsche Bank’s economists argued their previous prediction for a “mild recession” in Europe is no longer valid as the energy crisis has worsened substantially since July.

Germany ranks second in the world and first in Europe in terms of cargo thefts

Germany ranks second in the world and first in Europe in terms of cargo thefts

The latest analysis of cargo crime across the Europe, Middle East & Africa (EMEA) region by the Transported Asset Protection Association (TAPA) has found that a large majority of losses from supply chains is concentrated in 10 countries.

Container fleet capacity up 30% in 2025 compared to the pre-pandemic levels

Container fleet capacity up 30% in 2025 compared to the pre-pandemic levels

According to Clarksons, the container ship orderbook began to grow rapidly in the second half of 2020, and by mid-2022 it was close to 900 vessels with a capacity of more than 7 million TEUs.

Driver shortage up 40% in Europe in 2022

Driver shortage up 40% in Europe in 2022

According to the latest IRU report, up to 425,000 truck driver vacancies remained unfilled in Europe in 2021. In 2021, the number of such vacancies increased by 41% compared to 2020.

Moody’s lowers global GDP growth forecast for 2022-23

Moody’s lowers global GDP growth forecast for 2022-23

Moody’s estimates that global GDP will grow by 2.5% in 2022 and 2.1% in 2023. The agency has previously expected the figure to rise by 3.1% in 2022 and 2.9% in 2023.

Airlines cancel flights until spring

Airlines cancel flights until spring

Staff shortages, strikes, and general traffic chaos have forced many carriers to cut scheduled flights.

Economic indicators in the Eurozone show negative growth

Economic indicators in the Eurozone show negative growth

In August, the euro area’s economic sentiment indicator (ESI) decreased to 97.6 points. Back in June, the indicators for both the euro area and the EU countries were positive (103.5 and 101.8 points), at the beginning of the year the indicator values ​​exceeded 112 points.

The largest ports in Europe reduced container turnover, except for Hamburg

The largest ports in Europe reduced container turnover, except for Hamburg

The total container turnover of the four main ports of Northern Europe - Antwerp-Bruges, Rotterdam, Bremen/Bremerhaven, and Hamburg - for the first six months was 4.6% lower than the same period last year.

Have imports from the EU to Russia been redirected through Kazakhstan and Turkey?

Have imports from the EU to Russia been redirected through Kazakhstan and Turkey?

After February 24, 2022, the cargo traffic from the EU to Russia has more than halved. At the same time, there is evidence that Kazakhstan and Turkey have become transshipment points for European cargo on their way to Russia. Have the new schemes compensated for the losses from the reduction in direct trade between the Russian Federation and the EU?

Strong Global Air Travel Recovery

Strong Global Air Travel Recovery

The global air passenger market (measured in revenue passenger kilometers, RPK) rose by 76.2% in year-on-year (YoY) terms in June, according to a press release issued by the International Air Transport Association.

CTS Reports a Positive Change in Global Container Market Dynamics

CTS Reports a Positive Change in Global Container Market Dynamics

According to the Container Trade Statistics data, the global container market has turned towards positive demand dynamics, mainly due to the growth in container traffic in Asia.

Slowdown in global shipping container demand, marine carriers’ revenue continue to grow

Slowdown in global shipping container demand, marine carriers’ revenue continue to grow

The global container shipping market volume for the second quarter decreased by 2.3% compared to the second quarter of 2021. Geopolitical uncertainty and higher inflation via higher energy prices continue to weigh on consumer sentiment.

Euro-Zone Recession Is Now More Likely Than Not

Euro-Zone Recession Is Now More Likely Than Not

The risk of a euro-area recession has reached the highest level since November 2020 as energy shortages threaten to drive already record inflation higher still, according to economists polled by Bloomberg.

Shipping operations around Taiwan destabilized

Shipping operations around Taiwan destabilized

China’s military drills around Taiwan in response to US House Speaker Nancy Pelosi’s visit to the island are threatening to disrupt maritime and air transportation in the region. Shippers expect delays due to re-routing and higher shipping costs.

Economic crisis may evolve into a global recession in 2023

Economic crisis may evolve into a global recession in 2023

The head of the International Monetary Fund said that outlook for the global economy had “darkened significantly” since April, and she couldn’t exclude a possible global recession next year.

European flights cancelled amid shortages of manpower

European flights cancelled amid shortages of manpower

European airports have recorded a record number of flight cancellations. The main reason, according to the airlines, is personnel shortage: tens of thousands of workers engaged in the airline industry were dismissed during the coronavirus pandemic, and now these vacancies are difficult to fill.