The global XSI ™ fell 1.6% in Jan-19 to 106.58 points, continuing the downward trend recorded since Aug-18. During this six-month period, the index has lost 5.3% of its value, having shed 5.92 points and now stands at a similar level to that recorded in May-17.
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is up 0.7% to $1,765.58 per 40ft container (updated Thursday, 24 January 2019).
Responding to the decision by the UK Parliament to reject a deal, which set out the terms of Britain's exit from the European Union on March 29, Robert Keen, Director General of the British International Freight Association (BIFA) said:
Five youngsters who are all studying for apprenticeships at freight forwarding companies that are members of the British International Freight Association (BIFA) have been shortlisted as finalists in the new Apprentice of the Year category of the trade association’s annual Freight Service Awards competition.