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Boxship orderbook-to-fleet ratio ducks below 10% for the first time this century

Fri. 31 Jul 2020
The global containership orderbook, seen as a percentage of the world fleet, has dropped to its lowest level in more than 20 years, new analysis from Alphaliner reveals.

Shipowners back in the driving seat, with brisk business in the charter market

Fri. 31 Jul 2020
Containership brokers are reporting “brisk business”, although owners are reluctant to fix for longer periods against rising daily hire rates.

Data reveals firms' concerns over non-negotiated EU exit and lack of preparedness as Brexit talks continue

Fri. 31 Jul 2020
Three in four businesses are concerned about a further economic shock arising from a non-negotiated exit from the EU - the UK’s biggest trading partner - according to new survey data from the CBI.

Top 25 air cargo carriers: FedEx Express retains top spot in IATA WATS rankings

Thu. 30 Jul 2020
FedEx has once again topped the list of the world’s busiest air cargo carriers, with the top 25 seeing demand increase ahead of the overall market, fuelled by Middle Eastern and all-cargo airlines.

Freight association alerts members that applications are now open for funding customs training

Wed. 29 Jul 2020
Noting that from today, customs intermediaries can apply for £50 million of new funding, first announced in June 2020, the British International Freight Association (BIFA), says that it hopes it will help its members to increase their capacity to make declarations ahead of 2021.

Applications open for £50 million funding to boost UK customs intermediaries

Wed. 29 Jul 2020
HMRC is encouraging customs intermediaries and traders who make their own declarations to take advantage of the funding now.

Pay no import duty and VAT on medical supplies, equipment and protective garments (COVID-19), extension to 31 October 2020

Wed. 29 Jul 2020
HMRC extension - No import duty or VAT (zero rated) on PPE from 30 January to 31 October 2020.

Air Cargo Recovery Continues in June but at a Slow Pace

Tue. 28 Jul 2020
The International Air Transport Association (IATA) released data for global air freight markets in June showing improvement, but at a slower pace than some of the traditional leading indicators would suggest.

Wooden pallet is Brexit stumbling block

Tue. 28 Jul 2020
UK does not have enough of the right sort of disease-resistant pallets to trade with the European Union, trade body says.

Government helps put Multimodal back on track

Tue. 28 Jul 2020
Clarion Events, the organiser of the Multimodal Exhibition and Conference, has welcomed the government’s decision to allow business exhibitions to take place in England from 1 October 2020.

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