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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Governments must intervene in the PPE industry to ensure future supply

Public health procurement officials around the world need to radically rethink their supply chain strategies to avoid a repeat of the chaos that engulfed PPE logistics in the early weeks of the coronavirus pandemic.
As the pandemic spread from China across the world in March and April, the provision of personal protective equipment (PPE) to health professionals fell woefully short of what was required in almost every country, due to a …

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Alert to freight: people-smugglers will take advantage of lockdown easing

As European states begin to ease social lockdown measures, transport insurer TT Club has warned road freight operators to expect an increase in migrant smuggling.
It said that despite the more stringent road border restrictions imposed throughout Europe, truckers were still a principal target of people smugglers, and were likely to become a greater target as controls are relaxed.
“This might be a particular danger as regards potential movement into the UK,” …

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K+N reports tough first quarter, with turnover and profits down, but stays bullish

Kuehne + Nagel (K+N) is one of the first major forwarders to report Covid-impacted results, so is likely to act as something of a marker for others in what will undoubtedly be a tough quarter.
The Swiss group admitted that volumes declined sharply in its first quarter, with net turnover down 6.2%, gross profit down 5.1% and earnings down 23.2% at Sfr139m ($142.7m).
“The coronavirus pandemic is an immense global challenge,” said …

The post K+N reports tough first quarter, with turnover and...

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The humanitarian face of logistics: Suzy is our hero of the week

Here at The Loadstar, even before Covid, we received a lot of press releases reminding us how crucial the supply chain is; how beneficial logistics is to the world.
Whether it’s an airline touting that it has carried life-saving pharmaceuticals, or a forwarder arranging to deliver goods to a crisis-hit country, the PR machine is constant. (Despite the fact that airlines carry goods – that is their job – and forwarders …

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Our latest Hero of the Week is unmasked: Global Logistics Solutions India

There have been many contenders this week for The Loadstar’s ‘hero of the week’, in a heart-warming side-story to the crisis underway throughout the world.
So many companies – both large and small – are offering services for free, or buying and distributing medical equipment. We salute you all.
This week, however, The Loadstar has decided its ‘hero of the week’ is forwarder Global Logistics Solutions India.
Its efforts began with a $1,000 …

The post Our latest Hero of the Week is unmasked:...

https://theloadstar.com/our-latest-hero-of-the-week-is-unmasked-global-logistics-solutions-india/

Spread of coronavirus hits DP-DHL in every division, but all stay in profit

Deutsche Post-DHL has binned its profit target for the year, as a result of the coronavirus pandemic.
The German group, a bellwether for the logistics industry, said in yesterday’s trading update it was withdrawing its 2020 ebit guidance, “given the significant impact of Covid-19 on all parts of the economy”.
However, it said that its preliminary group ebit was €590m for the first quarter of 2020, while preliminary operating profit came in …

The post Spread of coronavirus hits DP-DHL in every...

https://theloadstar.com/spread-of-coronavirus-hits-dp-dhl-in-every-division-but-all-stay-in-profit/

Factories switch production to boost medical supplies to fight Covid-19

Growing numbers of companies are changing tack, shelving production of normal wares to make hand sanitiser and other medical products.
Some forwarders, meanwhile, are offering to ship them.
French luxury group LMVH has switched its luxury perfumes for sanitiser, while small gin distilleries across the UK and Ireland and France’s Pernod Ricard have also stepped in as alcohol supplies in Europe dwindle.
Flow Water Technologies has offered to supply the Cyprus government with disinfectant …

The...

https://theloadstar.com/factories-switch-production-to-boost-medical-supplies-to-fight-covid-19/

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