Logistics News
- Egypt Raises Suez Canal Transit Fees for Ships by 15%Egypt's Suez Canal Authority issued a statement on the 17th saying that it will raises the tolls of ships in the Suez Canal in January 2023.....Logistics News September 19, 2022
- Amazon warehouse workers to vote on strikeThe first potential strike by Amazon warehouse workers in the UK will be voted on by workers at the Coventry warehouse, according to a statement from the GMB union.Logistics News September 21, 2022
- Port of Liverpool dock workers begin two-week strikeOn September 20, according to the latest news from BBC News (UK), dockworkers at the Port of Liverpool, one of the UK鈥檚 largest container terminals, have started a two-week strike until October 3 after unions and the port failed to reach an updated pay agreement. .The Peel Ports group, which operateLogistics News September 21, 2022
- Egypt Cuts Tariffs On Most Imports in 2022Egyptian Finance Minister Mohamed Maait announced the reduction of import tariff rates applicable to more than 150 kinds of production inputs, aiming to promote the development of the country's industry, improve the level of localization and promote employment. Goods benefiting from lower tariff rates include production inputs, agricultural equipment, and pharmaceuticals and medical supplies.Logistics News September 20, 2022
- U.S. Tentative Railway Labor Deal Reached to Avert StrikeAmtrak will give railroad workers a cumulative 24 percent pay rise over five years from 2020 to 2024, including an average bonus of $11,000 per union member.Logistics News September 19, 2022
- Hapag-Lloyd acquires Italy's Spinelli GroupHapag-Lloyd announced on its official website that it has reached a cooperation agreement with the Italian logistics Spinelli Group, and Hapag-Lloyd will acquire up to 49% of the shares of Spinelli Group.Logistics News September 16, 2022
- The U.S. recession from a freight perspectiveIn a recent HDTX (Heavy Duty Trucking Exchange) speech on America Online, we talked about the overall economy and trucking, the epidemic, the supply chain, and the impact of the Ukraine-Russian war, which made it difficult to understand the current situation. The traditional definition of a recession is two consecutive quarters of economic contraction, but this one doesn't seem to be working, especially given the trucking environment.Logistics News September 15, 2022
- China's coffee bean market grows in exportsIn the first half of 2022, Yunnan, China's coffee producing area, exported 18,000 tons of coffee beans, a year-on-year increase of 230%. What is the reason behind the surge in Yunnan coffee bean exports? What is the export price this year?Logistics News September 15, 2022
- CMA CGM Updated Overweight Surcharge (OWS) from Asia to EUCMA CGM informs of the following Overweight Surcharge (OWS): Effective September 15th, 2022 (loading date) until futher notice: USD 150 per 20' dry with container gross weight equal or over 20 tonsLogistics News September 15, 2022
- Global seaborne iron ore supplies are dwindlingGlobal seaborne trade in iron ore is on a downward trend due to lower iron ore imports from China. Global iron ore shipments for the full year of 2021 rose ......Logistics News September 14, 2022