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NEWS & BLOG

Logistics News

2022
DATE
09 - 21
Amazon warehouse workers to vote on strike
The 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.
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2022
DATE
09 - 20
Egypt Cuts Tariffs On Most Imports in 2022
Egyptian 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.
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2022
DATE
09 - 19
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.....
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2022
DATE
09 - 19
U.S. Tentative Railway Labor Deal Reached to Avert Strike
Amtrak 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.
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2022
DATE
09 - 16
Hapag-Lloyd acquires Italy's Spinelli Group
Hapag-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.
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2022
DATE
09 - 15
The U.S. recession from a freight perspective
In 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.
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2022
DATE
09 - 15
China's coffee bean market grows in exports
In 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?
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2022
DATE
09 - 15
CMA CGM Updated Overweight Surcharge (OWS) from Asia to EU
CMA 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 tons
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2022
DATE
09 - 14
Global seaborne iron ore supplies are dwindling
Global 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 ......
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2022
DATE
09 - 14
MSC changes course to save Sri Lanka whales
In order to protect blue whales in the waters near Sri Lanka, MSC accepted the advice of IFAW and the maritime department to change the shipping route ........
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