Port of Cork wins new transatlantic deepsea call on ICL service

Irish exporters will next month have their first direct deepsea transatlantic service to the US for many years, after niche carrier Independent Container Line (ICL) announced plans to include the port of Cork on its North Europe-US east coast service.
ICL’s weekly transatlantic TAC1 service currently operates four vessels of around 2,400 teu capacity with a port rotation of Philadelphia, Wilmington, Antwerp and Southampton.
The call at Cork will be inserted as …

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New York terminal operator sues Maersk for ‘tens of millions’

The dispute over the Maersk Line – including subsidiaries Hamburg Süd and Sealand – departure from New York’s Staten Island terminal, operated by Global Container Terminals (GCT), continues, with GCT now suing the line over lost earnings, according to this report from Freightwaves. Maersk decided to move its services to APM Terminals’ facility in nearby New Jersey at the beginning of the month, and offered GCT $5.5m in settlement. That …

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DP World set to enter the blockchain arena as it signs up to Tradelens

DP World has joined the blockchain TradeLens platform, developed by Maersk and IBM.
It has outlined plans to connect its 82 terminals around the world, as well as its feeder companies and logistics divisions.
The Dubai-headquartered company said the data from its integration with TradeLens would improve operational efficiency via earlier visibility of container flows across multiple carriers.
This would include “confirmation of the transport modality that follows the port stay for each …

The...

https://theloadstar.com/dp-world-set-to-enter-the-blockchain-arena-as-it-signs-up-to-tradelens/

BIFA calls for extension to Brexit deadline – ‘forwarders won’t be ready’

The forwarding industry has called for an extension to the Brexit transition period, saying it has  “great reservations” over whether it can handle the major changes needed.
No extension would be “risky and unwise”, it said.
In a BIFA survey to members, half of the respondents noted they would not have sufficient staff to undertake the additional Customs-related work that will be required from 1 January 2021, while 60% said they would …

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EXCLUSIVE Market Insight: Among the Big Four, here’s how Kuehne will cut that workforce

Interpretation and strategic interaction amongst somewhat irrational decision-makers  – we have seen it all over the last few days from Kuehne, DHL, Schenker and DSV.
Define that, when it comes to game theory, and it all boils down to talent, power and “brashness”. That’s how one trusted K+N insider defined owner Klaus-Michael Kuehne’s attitude alongside “his brilliance” after a key quote from a glorious interview that did the rounds at the …

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New driver-free freight ferry terminal open for business in Tilbury

UK’s largest unaccompanied port set to transform ferry freight market
Tilbury2’s brand new unaccompanied* freight ferry terminal opened for business this week at a vital time for the UK’s freight industry. The 500,000-unit freight-only facility will inject state-of-the-art capacity into the country’s ports sector by utilising a truck driver-free operation* at a time when infection control is uppermost in everyone’s minds. [*Unaccompanied – freight transported into the UK without truck drivers]
A...

https://theloadstar.com/new-driver-free-freight-ferry-terminal-open-for-business-in-tilbury/

HMRC publishes customs agent list, BIFA urges members to get onboard

Press release – May 22nd 2020
 
The British International Freight Association (BIFA) is encouraging its members to ensure that they are included on a list of customs agents and fast parcel operators being compiled and published by HMRC in preparation for January 1, 2021, when customs declarations will be required on goods moving into and out of the EU.
Robert Keen, Director General at BIFA said: “Because the UK has left the …

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FTA says Treasury needs to bring forward ‘flexible furloughing’ to this month

The UK’s Freight Transport Association (FTA) has warned that unless the government creates a more flexible furlough scheme sooner, the sector could face a wave of redundancies when the economy begins to recover.
FTA chief executive David Wells said today: “The furloughing scheme has been a lifeline for logistics businesses across the country, many of which have suffered a dramatic loss of all revenue, thanks to the shutdown in a number …

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Over the hedge: Ups & downs in logistics as in marriage – APMM, Hapag, WTC, Danaos et al

In business and investing like in marriage, there are times when you just do things that are completely detached from rational and objective planning, let alone behaviour.
The involvement of human beings makes it more difficult to maintain mutual respect than if you are just looking at a pretty dry – for some – index or a chart.
And I’d love to tell you that I wholeheartedly believe that the emotional cycle of …

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