Tasty returns predicted for firms that invest in cold chain technology

Companies in the cold chain logistics sector are facing mounting pressure to invest in automation and digitisation.
And the possible returns look tempting: the global smart food logistics market is projected to more than double by 2025.
Pressure comes from a convergence of market and regulatory dynamics and the rising importance of technology in cold chains.
According to a recent study from Research and Markets, rapid changes in consumption habits and tighter regulations …

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Fears grow for stranded drivers and perishable cargo as truck queues build in Kent

Hauliers remained in limbo today as governments on both sides of the Channel seek a resolution to the border closure imposed by France after the UK identified a new variant of Covid-19.
UK prime minister Boris Johnson is to provide an update later today, with expectations that French authorities will reopen the border to accompanied freight by tomorrow for drivers who test negative for the virus.
Nonetheless, the queue of trucks waiting …

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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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UK shippers demand parliamentary inquiry into port congestion

Some of the UK’s largest shippers have written to MPs demanding a parliamentary inquiry into the port congestion crippling the country’s container supply chains.
A letter from the British Retail Consortium (BRC) and Food and Drink Federation (FDF) to Lilian Greenwood MP, chair of the Commons Transport Select Committee, and Angus Brendan MacNeil MP, chair of the Commons International Trade Committee, describes importers as facing “major challenges in building up stock …

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LATAM offers courtesy transport for COVID vaccine shipments

Large insulated containers wait on carts to be loaded on a cargo jet at night.

LATAM Airlines Group said Friday it will fly COVID-19 vaccine shipments at no charge on domestic flights in Latin America, where it operates.

The offer is an extension of the airline’s Solidarity Plane program, which has acted since spring as a free aerial bridge between South America and the world, carrying more than 900 health care professionals, and transferring 400 people with urgent need of medical assistance and more than 700 organs and tissues within South America.

LATAM has domestic...

https://www.freightwaves.com/news/latam-offers-courtesy-transport-for-covid-vaccine-shipments

Bleak picture of financial exposure to major shippers from UK port congestion

The financial impact on the UK’s biggest shippers from the port congestion crippling the country’s container supply chains could amount to over £15bn ($19.7bn), according to new research.
Risk management firm Russell Group today released new analysis that shows the top 10 UK importers that use Southampton have a combined financial exposure to the congestion at the port of £3.88bn. The list is headed by BP, Shell and Tesco.
However, that figure …

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‘Grace period’ for checks on food from GB gives N Ireland ‘breathing space’

A ‘grace period’ on customs and health checks for food supplies to Northern Ireland is a reprieve for a region expected to bear the brunt of Brexit.
Cabinet minister Michael Gove said Northern Ireland’s supermarkets and convenience stores would not be subjected to health checks on chilled meats coming from Great Britain for six months, with all other food supplies benefiting from a three-month grace period.
“[This will] keep goods flowing between …

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UK drops plans to break international law as Northern Ireland deal is reached

Northern Irish businesses have welcomed news that the UK government has agreed to abandon all Brexit clauses in the internal market and finance bills – the illegal ones – in exchange for EU promises to minimise checks and controls on food and medicine going into Northern Ireland from Great Britain. Further details are expected to emerge today – and while it does not mean a trade deal with the EU …

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Tariff uncertainty leaves a nasty taste in the mouth of UK food and drink sector

Tariff uncertainties tied to the continuing and frustrating EU-UK negotiations are forcing food and drink industry players to gamble on their post-Brexit operations.
Ian Wright, CEO of the Food & Drink Federation, told the UK’s Business, Energy and Industrial Strategy Committee today that with 14 working days until the end of the transition period, the uncertainty was forcing his members into “a binary choice”.
He said: “The problem with the tariff uncertainty is …

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Reefer sophistication giving more of the world an appetite for avocados

Exotic fruits are the star performer among seaborne perishables, but port congestion and carrier surcharges continue to increase costs for reefer shippers.
According to Drewry, reefer growth has been primarily driven by protein imports into Asia, but the accelerating trade in exotic fruits like mangos and avocados is set to take up the mantle.
“Exotics have become the star of the trade over the past 10 years,” the analyst said, its 5% …

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