Christmas peak

New crisis for UK freight as France extends travel ban to HGVs and drivers

Supply chain operators are urging France to withdraw yesterday’s ban on accompanied freight from Britain, imposed after the UK identified a new strain of Covid-19 on Saturday.
A raft of European states have announced border closures with the UK following news of the potentially faster-transmitted strain of the virus, with France taking its ban one step further, blocking the flow of all accompanied freight across the Dover-Calais strait.
Logistics UK general manager …

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WHO complains of ‘outrageous’ air freight rates – $105 per kg, anyone?

Medical-related products have seen air cargo prices soar, despite prices as shown by the TAC Index continuing to oscillate around the ‘new normal’ levels, with the highest rate this week from Shanghai to North America at $7.73 per kilo.
But according to the World Health Organisation, carriers are charging “outrageous” prices to fly dry ice and other medical equipment.
Paul Molinaro, WHO chief of operations support and logistics, told Reuters that he …

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Australian shipping operations – ‘they’ve never been in a worse state’

The ongoing “disarray” in Australia’s container supply chains will mean empty shelves for some retailers at Christmas.
Industrial action by the Maritime Union of Australia (MUA) against Patrick Terminals was suspended in early October – pending peace talks over a new pay deal – but supply chain delays from  previous MUA work stoppages are still playing out, two months later.
Shipping schedules were put out of whack, creating a backlog of “eight-to-ten” …

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E-commerce the star performer, driving growth for DP-DHL in Q3

DP-DHL enjoyed a strong third quarter on the back of surging e-commerce volumes, and looks set for a better full-year performance than in 2019.
Revenues in Q3 grew 4.4% year on year, to €16.2bn ($1.65bn), while ebit increased 50% to €1.4bn, and the group now anticipates ebit of €4.1bn to €4.4bn for 2020, against last year’s €4.1bn.
Free cash flow increased by more than €750m to some €1.3bn, and the group has …

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Strong air freight demand fighting tight capacity, pushing rates higher

European forwarders are reporting air freight rates hitting $10 per kg, and still climbing, as the peak season – boosted by distressed sea freight – continues.
As the UK becomes the latest European country to enter a four-week lockdown, mirroring Germany, France and Belgium among others, forwarders indicate that consumer demand will likely continue despite closed shops.
This is in part because of the scheduled end dates of the lockdowns at the …

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