Logistics News with TELS GLOBAL

Land bridges bypassing the Red Sea

Land bridges bypassing the Red Sea

Hapag-Lloyd, German Shipping Company, has introduced an overland route through the UAE and Saudi Arabia to avoid facing the Houthis in the Gulf of Aden and Bab el-Mandeb.

Marine carriers announced the latest increase of rates in February

Marine carriers announced the latest increase of rates in February

From the beginning of crisis to the mid-December the cost of container delivery from Asia to Europe increased 3.5 times, to the North America – twice.

Global trade declines, yet regional trade grows

Global trade declines, yet regional trade grows

The fragmentation of economies is simultaneously leading to a revival of industrial policy, the WEF survey suggests. This strategy may lead to new points of economic growth and new industries.

Germany’s GDP and foreign trade are in decline, but there is still no recession

Germany’s GDP and foreign trade are in decline, but there is still no recession

The industrial production volume in Germany in 2023 decreased by 2% compared to the previous year’s result.

Antwerp-Bruges port complex reduced cargo and container turnover

Antwerp-Bruges port complex reduced cargo and container turnover

The container traffic, which constitutes half of the port’s turnover, decreased by 6% in tons and 7% in TEUs.

Trade wars escalate over China’s manufacturing growth

Trade wars escalate over China’s manufacturing growth

To avoid recession, China is investing in manufacturing and exporting up to half of its turn out goods. This may provoke trade wars with the US, Europe, and other countries, Bloomberg notes.

Air cargo turnover and capacity supply continues to increase

Air cargo turnover and capacity supply continues to increase

The air cargo traffic through the end of November 2023 increased in all major regions of the world.

Red Sea crisis boosts demand for rail transportation

Red Sea crisis boosts demand for rail transportation

It is expected that spot rates for rail transportation towards Europe will increase by more than 20% in January compared to the previous month.

Asia will be the growth driver of the global contract logistics market

Asia will be the growth driver of the global contract logistics market

The analysts at Transport Intelligence expect the global contract logistics market to grow at a significantly slower pace in 2023 compared to the previous year, which will be the lowest year-on-year growth since 2016.

Transportation prices from Asia to Europe doubled as a result of the Houthi attacks

Transportation prices from Asia to Europe doubled as a result of the Houthi attacks

The cost of container transportation from Asia to Europe has doubled amid the crisis in the Red Sea, which is associated with the increasing frequency of rocket attacks on merchant ships by Yemen’s rebels, the Houthis.

Turkish exporters are developing a Plan B

Turkish exporters are developing a Plan B

Turkish exporters are developing a Plan B to export their products due to the losses they are incurring in Europe.

China's foreign trade has declined, yet not with everyone

China's foreign trade has declined, yet not with everyone

China's total imports and exports for the first 10 months of 2023 have dropped overall by 6.5 percent and 5.6 percent, respectively.

Container carrier transit through the Panama and Suez Canals is reducing

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

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%

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

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

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

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

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

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.