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Warehousing space at record levels in second quarter

Thu. 2 Jul 2020
According to the latest data released by international real estate advisor, CBRE, the UK logistics market has recorded the highest quarterly take-up figures on record for the second quarter of 2020, with a total of 12.78 million sq ft being taken up compared to 7.83 million sq ft in the second quarter of 2019

Amid continuing capacity crunch, May's air cargo volumes show slight pickup, says IATA

Wed. 1 Jul 2020
The International Air Transport Association’s (IATA) recent release of data for global air freight markets in May shows that there was a slight improvement in the air cargo market.

BIFA is collaborating with Drewry on freight rate benchmarking

Wed. 1 Jul 2020
BIFA is collaborating with Drewry and helping to bring the maritime information provider's confidential freight rate benchmarking service to the trade association's members.

Ocean freight rates rise to five-year high

Mon. 29 Jun 2020
Asia-Europe spot prices climbed again last week as demand in Europe continues to recover in a container shipping market with still constrained capacity, taking average global prices to their highest level since 2015, Drewry analysis reveals.

Freight association offers free bitesize training for youngsters

Mon. 29 Jun 2020
The British International Freight Association’s (BIFA) next event following the relaunch of its Young Forwarder Network (YFN) online will feature some free ‘bitesize’ training run by BIFA trainers, Graeme Wilkinson and Carl Hobbis.

UK government and UN commit to protect seafarers and help stabilise global shipping market

Fri. 26 Jun 2020
UK will hold first summit to address the impact of coronavirus on shipping crew changes.

HM Treasury suspend HGV Levy for one year

Fri. 26 Jun 2020
Collection of the levy will be suspended for 12 months from 1 August 2020 to facilitate economic recovery after Covid-19.

Update on Extended Payment Arrangements for customs duty and import VAT from HMRC

Thu. 25 Jun 2020
Since April we have provided you with updates on the temporary measures the Government has put in place to support businesses experiencing financial difficulties as a result of COVID-19.

Maersk sets $500 misdeclaration fee for wrongly-sized out-of-gauge cargo

Thu. 25 Jun 2020
In a further effort to crack down on misdeclared cargo, Maersk Line will introduce a $500 fee for special and out-of-gauge cargo if the actual dimensions of the cargo differ from booking details.

Ocean rates continue to climb on increased volumes

Thu. 25 Jun 2020
Freight prices from China to the US rose further during the past week, but less dramatically than the previous few weeks as an increase in orders and restricted capacity continue to put pressure on prices.

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