Logistics News with TELS GLOBAL
Renewables account for half of EU electricity
In Germany, 54% of total electricity generation in 2024 came from renewables.
Police to inspect trucks and buses on roads in February
Police officers will check compliance with European social legislation regarding driving and rest times, along with the use of tachographs, among other factors. The focus will be on monitoring the technical condition of the vehicles as well as their loads.
Hundreds of EU containers stranded in Russia
Hundreds of containers en route to Europe have been detained in Russia following Moscow’s expansion of trade sanctions against the European Union in October 2024.
China taking over global shipbuilding industry
The probe cites data showing that China’s share of the global shipbuilding industry has expanded to over 50% in 2023 from around 5% in 2000.
WEF: fragmentation to continue, trade to become more expensive
The trade war between the U.S. and China is expected to lead to changes in the rules of global trade, predicted by 89% of analysts.
Cosco named on US military blacklist
The United States Department of Defense classified Cosco as a “Chinese military company,” alleging ties to the People’s Liberation Army (PLA).
Poland’s new export orders down, particularly to Germany
Poland’s new orders contracted in December at the slowest pace in more than a year owing to domestic demand. However, new export orders fell at the fastest rate in three months.
New association for road transport support in Turkic states
The founding members of the Union of the Associations of International Road Carriers (OTS-URTA) include IRU members from Azerbaijan (ABADA), Kazakhstan (KAZATO), Kyrgyzstan (AIRTO KR), Türkiye (UND), Turkmenistan (THADA), and Uzbekistan (AIRCUZ).
Germany’s federal government adopts a strategy for autonomous driving
This decision makes Germany the first country in the world to establish a comprehensive legal framework for autonomous driving.
Moody's Ratings raises China 2025 GDP forecast
Moody's Ratings said it had raised China's 2025 GDP growth forecast to 4.2% from 4.0%, as it expected credit conditions to stabilise and Beijing's stimulus efforts since September.
Global aviation market set to break several records in 2025
Analysts predict that 5.2 billion passengers will be carried worldwide next year, an increase of 6.7% over 2024 and surpassing the 5 billion mark for the first time.
Geopolitical tensions not stopping maritime carriers from boosting profits
Net profits of the leading shipping companies in 2024 are already higher than in 2020 and 2023, second only to the pandemic years of 2021–2022.
German companies in China market: sentiment falls, but nobody wants to leave
Business sentiment among German companies in China is at an all-time low. However, 92% of German companies planned to maintain their operations in China’s $19 trillion economy.
Rail transit from China to Europe via Russia up by 85%
Significant growth in rail transit traffic on the China–Europe–China route began against the backdrop of military tensions in the Middle East.
Road freight rates to remain high amid rising costs
According to the latest report from Transport Intelligence (TI), European road freight rates remained relatively stable in Q3 2024. However, persistent inflationary pressures and structural cost increases are expected to drive rates higher in the coming months.
Manufacturing activity in Europe falls further in November
The downturn has hit all of the top three euro zone countries – Germany, France, and Italy. New orders are plummeting.
Increasing number of freight forwarders in Europe declaring bankruptcy
The European Cargo Association of International Freight Forwarders (ELVIS) AG has analysed the situation in the freight forwarding industry in the second half of the year and noted a critical situation. Companies are struggling to cover their own costs, which has led to shrinking car fleets.
China's Nov factory activity growth hits 5-month high
China's factory activity expanded at the fastest pace in five months in November as new orders, including those from abroad, led to a solid rise in production, pushing manufacturers' optimism degree to an eight-month high.
Is Europe set to face a new gas crisis?
Bloomberg further clarifies that while the rate of increase in gas prices is well below that seen in 2022, it is still high enough to threaten to worsen the inflation crisis and increase pressure on manufacturing.
EU finances enhanced security of lorry parking areas
Currently, drivers in the EU face a marked shortage of secure parking options, often relying on poorly equipped or unsafe areas to rest.