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Logistics News with TELS GLOBAL
Registration of new heavy trucks declines in Poland
From January to March, 7,226 new trucks of all types were registered in Poland which is 16% less than during the same period in 2023. The number of registrations of long-haul trucks decreased by 16.8%.
Germany records a sharp decline in truck traffic
Over the first quarter of 2024, the total truck traffic in Germany decreased by 3.1%. The traffic of German trucks decreased by 3.8%, Polish trucks drove 1.9% fewer kilometers.
Asia-Europe spot rates continue to decrease
Nonetheless, the rates remain well above early December levels, prior to the spike triggered by the threat of Houthi attacks on merchant ships in the Red Sea.
China-Europe rail transportation volume increased by 18% in 2023
More than 17.5 thousand container trains were dispatched from China to Europe, which is 6% higher than in 2022.
Long weekend is the best time for transportation scammers
The specifics of the transportation companies’ work provide scammers with a wide scope for deploying their activities. TELS GLOBAL is also occasionally targeted by cargo thieves, and a strong screening and clearance system is designed to combat them. Case study...
Political and Economic Analysis of the Market 2024: What EU Business Can Expect
Unfortunately, almost all the negative trends that started two years ago continue to develop. The escalation of political and military confrontation along the Russia-Ukraine line is intensifying, joined by a significant increase in tensions in the Middle East and the growing terrorist threat around the world.
Container maritime shipping giants are developing railroad business
Maritime container operators are actively investing in inland logistics and rail transportation.
Global container market volumes are increasing and setting records
According to the CTS service, the global container market volumes in February totaled 13.3 million TEUs, which is 12% more than a year earlier and nearly 14% higher than in February of pre-crisis 2019.
China-EU container transit through Russia nearly returned to the 2021 level
Requests for rail transit through Russia had risen by 40% after the Houthi attacks in the Red Sea.
DB is in the middle of the largest price increase in the group’s history
According to the Freight Railroad Association, the route prices for rail freight transportation will increase by 16.2% next year.
Europe’s industrial sector is still struggling to dig itself out of the hole
Certain Eurozone countries are starting to gradually restore their industrial activity, but the two largest economies in the EU remain stagnant.
Air cargo market has been increasing by double digits since December
The IATA notes that the growth in the available cargo capacity is mainly attributable to the return of a large number of passenger aircraft to service.
IRU: Demographic Disaster Affects Road Transport
In the majority of the surveyed countries, the percentage of drivers under the age of 25 is 12% or less. At the same time, most regions have a high proportion of drivers over the age of 55.
Price Pressure in the European Transportation Industry is Increasing
Since the freight yard is currently shrinking, its volumes will no longer be available on short notice if the market begins to recover. As a result of this process, a sharp rise in the spot market prices and a shortage of cargo capacity may occur.
Investment in Germany by foreign firms drops to decade low
Investment in Germany by foreign firms was at its lowest level in a decade last year, an IW institute study showed on Thursday, as de-industrialisation fears loomed over Europe's largest economy.
TELS GLOBAL: China’s exports weaken the prospects for producers in other countries
In an effort to mitigate the risks of losing Western markets, China will intensify its tough policy of export expansion to the markets of Russia and countries of the Global South.
Container rates drop to "unsustainable levels"
The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk CEO Vincent Clerc told.
Cheap products from China "shock" the world economy
The world economy experienced the 'Chinese shock' 20 years ago a surge of cheap products from the PRC. Economists believe that a repetition of the situation.
TELS GLOBAL is certified according to the IFS Logistics standard
IFS Logistics applies to all logistics areas, such as delivery by truck, rail or ship, and all types of food and non-food products, regardless of whether they must be transported at freezing temperatures, refrigerated or non-refrigerated.
The increasing trend in purchases and sales in port infrastructure
PwC does stress that some European destinations remain attractive, as evidenced by MSC’s entry into the Hamburg port operator HHLA. However, overall, the importance of the Asian trading area is growing while Europe’s importance is diminishing.