Logistics News with TELS GLOBAL
Container carrier transit through the Panama and Suez Canals is reducing
The Panama Canal is set to significantly reduce daily neo-Panamax transit slots from eight to five starting January 2024, which will lead to increased congestion and container carrier delays, prompting carriers to impose new fees, while ongoing protests will further impact land access to Panamanian ports.
Chinese purchasing activity decreased for two months in a row
The Purchasing Managers’ Index (PMI) in Chinese industrial sector, which showed a decline in October, continued to move in the same direction as the results of November demonstrate.
The largest shipping lines have an average schedule reliability of 64%
Among 13 largest shipping lines, 6 of them showed improvement in schedule reliability in October (no data available for Hamburg Süd).
Road charges in Germany will hit many EU countries
The German government increased rates for truck transit on highways and federal roads starting December 1.
Global driver shortage is to double in five years
In most of the studied countries, at least 50% of road transport operators have serious problems recruiting qualified drivers. Many of them are also unable to expand their businesses and are losing existing customers and revenue.
German car industry moves activities abroad
Energy costs are a major concern for the car industry and medium-sized automotive companies in Germany. 71% of companies say they are seriously burdened by high electricity prices.
TELS GLOBAL is improving its logistics service in Germany, France, Italy, UK, and Turkey
The specialized departments will apply all the accumulated experience of working with clients and transport companies in these areas of transportation and will continue to improve the logistics schemes, minimize the costs for all participants, and increase the efficiency of interaction.
Global refrigerated transportation will grow at the expense of emerging markets
The main driving force behind the expansion of refrigerated logistics is the growth in global food production and consumption, which has been continuing for more than 20 years.
Shipping costs increased in November
According to a recent report by Transport Intelligence, major shipping companies will significantly increase their freight rates on key East-West trade routes in November and December.
Global air cargo demand increases for the second consecutive month
According to the International Air Transport Association (IATA), the global civil aviation cargo turnover increased by 1.9% in September year-on-year.
Germany's toll increase threatens to affect the Czech Republic
Besides the inevitable increase in road tolls in Germany, which will significantly increase the costs, Česmad Bohemia states that Czech carriers will face an unprecedented low number of orders over the next 6 months.
Regionalization of logistics and production will almost double in three years
Сompanies are turning to regional suppliers and manufacturing facilities in order to become less vulnerable to global supply chain disruptions.
France’s logistics industry declines
The latest version of the Freight Transport and Logistics Barometer, prepared by the Union of French Transportation and Logistics Companies (TLF), has been released.
TELS GLOBAL at 10th anniversary edition of TransLogistica Poland
The 10th anniversary edition of TransLogistica Poland took place between 7-9 November 2023 in Warsaw hosting more than 380 exhibitors (about half of them are foreign companies) and 10 000 participants.
Road transport logistics in Germany is predicted to become more expensive
From December 1, 2023, truck toll costs will rise by an average of 81%, the German Freight Forwarding and Logistics Association (DSLV) predicts.
Europe’s largest ports underperform against last year’s container turnover figures
The decline in container transshipment at Rotterdam, Europe’s largest container port, has slowed down in the third quarter. However, the aggregate transshipment volume for the first nine months of the year is still below last year.
As business activity in Europe falls, purchasing power of the population increases
At the beginning of the fourth quarter, business activity in the Eurozone continued to decline. According to the preliminary estimates of Hamburg Commercial Bank (HCOB) and S&P Global, the composite PMI has declined in October to a three-year low of 46.5 points compared to 47.2 points in September.
German economy: GDP forecast is down, but investor confidence is up
In August, the volume of industrial production in Germany also continued to decline: it fell by 0.2% month-over-month and by 1.97% year-over-year.
While China’s GDP grows, its trade with key partners declines
At the end of the nine months of 2023, the country’s GDP has reached 91.3 trillion yuan ($12.7 trillion), which is 5.2 percent higher than during the same period in 2022.
Turkey as a promising destination country for economic ties
Turkey has extensive production and a wide range of commodity items, from industrial equipment to agricultural products.