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Market fundamentals have been changing rapidly and the costs of transporting goods out of China and many other critical sourcing regions continues to sink amid a sharp slowdown in western economies. Air freight rates continue to soften, with ocean rates
Two years after winning the British International Freight Association’s ‘Air Cargo Services Award’, Noatum Logistics has been shortlisted in the category again at the freight trade association’s 2022 Freight Service awards. BIFA represents and promotes the freight forwarding sector to NGO,
IMO2020 enforced changes in the low-sulphur fuel types that container ships used, or the use of high-sulphur scrubbers, to cut the carbon intensity of all ships by 40% by 2030. In two months, IMO 2023 will require containers ships to
Spain’s Law 7/2022 of 8 April 2022 on waste and contaminated soils (“LRSC”) introduced a new tax on non-reusable plastic packaging, which will be effective as of 01-01-2023. The Plastic Packaging Tax is defined as a tax of an indirect nature
The district of Beilun, including Ningbo, is now under lockdown. The order was issued on 14th October due to the rise in Covid-19 cases. Authorities swung into action after a Covid-19 infection was confirmed on 13 October, prompting contingency execution
Containers are normally owned or leased by shipping lines that provide them to their customers (shippers or merchants) for the safe and fast door-to-door transport of their goods. Because the cost of using the container during door-to-door transportation is included
Reefer containers allow cargo to be temperature-controlled from pickup to drop-off. These containers can carry frozen foods, meat and fresh produce, but also many other products like electronic equipment, flowers, medicine, cosmetics and fine art are also hauled in reefers. Refrigerated
Dock workers at Felixstowe, Britain’s biggest container port, started their second walkout this morning, with an eight-day strike over pay, that overlaps a similar walkout over pay by Unite Union members at the Port of Liverpool from the 19th September
As global economies take a battering, with purchase manager indices and consumer sentiment plunging, the inevitable slowing in demand is leading carriers to blank sailings, with 8.8% of capacity due to be pulled from Asia to Europe and a pronounced
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