Beginning on the 28th, customs clearance and freight forwarders across Bangladesh went on strike for 48 hours to achieve their demands, including amendments to the 2020 Licensing Rules.
DB Schenker said it will acquire all outstanding shares of USA Truck's common stock for $31.72 per share in cash, a premium of 118% to the pre-trade share price of $24. The transaction is valued at approximately $435 million, including cash and debt.The acquisition advances DB Schenker and USA Truck.
On the evening of 23 June, two firefighters and a crew member were injured when a fire broke out on a bulk carrier LOWLANDS MIMOSA in the port of Ghent.¡¡
2021 has undoubtedly been a good 12 months for air forwarders with record revenue, profits and volumes, but it's also a year at the top as Kuehne+Nagel knocks DHL out of the pack.
The Bangladesh National Revenue Service (NBR) has issued a Statutory Regulatory Order (SRO) to increase the regulatory duty on imports of more than 135 HS-coded products to 20% from the previous 3% to 5% to reduce these Imports of products, thereby easing the pressure on foreign exchange reserves.
Since air cargo transportation requires very high safety, especially when using the belly of passenger aircraft for cargo transportation, some air cargo needs an air transport identification report.
The number of containers shipped to the U.S. is down more than 36 percent compared to May 24. This is a troubling sign for the U.S. domestic freight market, which has been benefiting from an unprecedented surge in container imports for the past 18 months.
Named the China Thailand Vietnam Service (CTV) by PIL, and RNT2 by RCL, the new service will be launched on 30 June departing Xingang. The new CTV service will connect major ports in China, South Korea, Thailand and Vietnam.
