Logistics News with TELS GLOBAL
Air Cargo Market Is Growing at a Strong Pace Despite the Many-fold Increase in the Rates
According to the International Air Transport Association (IATA), the demand for air cargo services increased by 12% in April 2021 compared to the values in April 2019.
Rate Cuts Not Expected This Summer Season
Summer has always been characterized by a seasonal decline in transportation rates in the market. Forwarding companies take this factor into account when preparing annual contracts with their customers.
Shipping from China to Europe by Railway Is Now Cheaper by Sea
The rates for container shipments between Asia and Europe by railway have dopped below the shipping costs by sea.
The Imbalance Between Supply & Demand Will Keep Air Freight Rates High
The shortage of carrying capacity in the air cargo market is currently around 30% despite the higher level of cargo turnover against the pre-pandemic period.
Railway Container Flows Between China & Europe Increased 2.5 Times
In January – February 2021, 109.3 thousand TEU were transported via Russian railways from China to Europe and back, which is 2.5 times more against the same period of the previous year.
Automated Customs Inspection Complexes Will Speed up Rail Freight Containers from China
The press service of Rostec State Corporation, Russia, reports their plans to equip railway entry points at the border between Russia and China with customs inspection complexes (CIC) by December 31, 2021, which will allow to check freights automatically without stopping the train.
Post-Pandemic Economy. The Risk of Surge in Defaults
The massive growth in government spending has resulted in a sharp increase in global debt. Trying to maintain the economy ruined by the coronavirus pandemic, the central banks made an unprecedented cut in interest rates in 2020.
Shipping Lines Lose Containers at Sea. How to Protect Your Interests?
Several cargo ships have lost a large number of containers in recent months in different incidents, reports the Wall Street Journal.
Logistics during the Pandemic. 2020 in Review. 2021 Outlook
In 2020, the market of transportation and logistics differed greatly from the previous periods. The experience of a logistics operator acting in conditions of economic and political recession gained before was applied only partially last year – the major factor influencing the entire world economy was the COVID-19 pandemic.
The Capacity of Market Sectors and Response to the Pandemic
We continue to publish the results of the logistics audit in the new conditions. This article will review the capacities of different industries and the changes taking place in crises like the COVID-19 pandemic.
Logistics in 2020-2021. Life after the Pandemic
Marketing Research and Analytics Departments of TELS Group carried out a marketing audit of the transportation industry developing in new conditions. This article summarizes one part of the report on the market trends that have been developing more rapidly as a result of the pandemic and will be shaping the future of transportation and logistics.
New Vehicles in TELS Fleet
A new batch of heavy trucks consisting of 7 MAN trucks with Krone Mega Liner curtain side semi-trailers were added to TELS’s fleet in October.
Global Freight Forwarders Increase Profits Against Maximum Decline in the Volume of World Merchandise
The Loadstar reports that according to Transport Intelligence the coronavirus pandemic has resulted in a 11.6% decline in air and sea freights over the previous year.
Modern Slavery Statement by TELS 2020
TELSGROUP is publishing the present statement about the Modern Slavery Act for the financial year finished 31.03.2020 on its web-site on behalf of T.E.L.S. Transeuropean Logistic Services Limited
Risks and Restrictions in the Freight Market Resulting from the Political Crisis in Belarus
The Republic of Belarus will suffer negative economic consequences arising from the political crisis. This will affect both the republic and most probably the freight market between the European Union and the Russian Federation. At least, we should expect redistribution of transit cargo flows if Minsk carries out its threats in response to the restrictions introduced by Poland and the Baltic states.
Fraudulent Activities Have Increased. When Does Cargo Theft Take Place?
Due to the increase of criminal incidents in the cargo transportation market, the Legal Department of TELS Group reminds its employees and partners once again of the importance of the rules preventing cargo theft and the procedures allowing to admit contractors for transportation.
TELS Maintains Positive Trend despite Negative Market Indicators
TELS Marketing Department has reviewed its work with the customers during the first six months of 2020 and provided the details to company’s management. The overall results are as follows – the increase of freight orders by 5 % and the actual profit by 6 % against the same period in the previous year.
TELS Highly Praised for CSR
TELS passed the CRS audit (for compliance of Corporate Social Responsibility) being awarded a Silver Medal for its CRS practices and ranking in the TOP 25% of companies evaluated by EcoVadis.
Delivering Goods to Inland Regions of China by TELS’s Transport
Since January 2019, Russian international road carriers have been transporting goods to inland regions of China. But so far, only a few of them have been able to arrange deliveries to / from China further than 50 kilometres from the border. TELS experts speak on peculiar features of road transportation in the market.