Logistics News with TELS GLOBAL

Global air cargo demand increases for the second consecutive month

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

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

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

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

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

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

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

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

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

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 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.

Air transportation market increased for the first time in 19 months

Air transportation market increased for the first time in 19 months

In August, the global airfreight indicators, as measured in cargo tonne kilometer, increased by 1.5% year-on-year. For international flights, it amounted to 2%.

IMF and WTO updated global economic and trade forecasts

IMF and WTO updated global economic and trade forecasts

The World Trade Organization (WTO) economists have lowered their forecast for growth in the global trade in goods in 2023 from 1.7% to 0.8%.

Global container market demonstrates growth

Global container market demonstrates growth

Despite falling rates for container shipping, the volume of the global container market is still high. In monthly dynamics of 2023, the volumes keep growing everywhere, except Europe.

E-commerce in Germany declined for the first time in 15 years

E-commerce in Germany declined for the first time in 15 years

For the past year, 1,000 B2C online stores with the highest sales rates, which represent the majority of all B2C online stores, recorded a 2.8% decline in sales in Germany.

The cost gap between sea and air transport has increased almost 17-fold

The cost gap between sea and air transport has increased almost 17-fold

The widening gap is due to the fact that sea freight rates are currently only 7% higher than 2019, while air freight rates remain more than a third higher than before the crisis and are not going to decrease.

TELS GLOBAL: consolidated cargo from Europe to Kazakhstan

TELS GLOBAL: consolidated cargo from Europe to Kazakhstan

In connection with current world processes, many production and trading companies are actively reorienting to the Kazakhstan market. And, unfortunately, not many people know about our capabilities to deliver consolidated cargo from Europe.

Cargo hijackers are targeting electronics and pharmaceuticals

Cargo hijackers are targeting electronics and pharmaceuticals

The share of electronic equipment in stolen goods increased from 12% to 19% during the analyzed period. Chemical and pharmaceutical products increased their share between 2017 and 2022, from 3% to 7%.

Decrease in global oil inventories pushes prices higher

Decrease in global oil inventories pushes prices higher

After a slight decline, oil prices in many countries are headed up again. The global distillate inventories are now much lower than usual for this time of the year.

Container shipping rates from Asia to Europe dropped drastically in September

Container shipping rates from Asia to Europe dropped drastically in September

The cost of delivering a 40-foot container to ports in both Northern and Southern Europe decreased in price by more than $300 during the two weeks of September.