Air cargo navigating a path through global trade turbulence
With the tariff war creating economic turbulence nearly everywhere, it’s time to buckle up as it might be a bumpy ride.
Cognac producers feel the heat from ‘double whammy’ China-U.S. tariffs
Leading French cognac maker Rémy Martin, part of the Cointreau group has put two-thirds of its 390-strong workforce on part-time working as a direct result of a ‘double whammy’ of tariff hikes by China and the U.S. These two countries account for around 80% of the company’s sales.
Some European ports are congested but not (yet) related to tariffs, trade wars
According to a recent article in The Sunday Times (of London), entitled Chaos at European ports, as trade war leaves ships in limbo, queues of hundreds of ships are building up at maritime gateways in Germany, Italy, the Netherlands, and the UK amid tit-for-tat tariffs and plans to impose a $1 million fee on Chinese-linked vessels docking at US ports.
Auto tariffs: European front-loading of vehicles to U.S. seen as limited
Logistics service providers (LSP) to the automotive sector have resorted to front-loading to avoid 25% tariffs imposed on vehicles imported to the U.S., effective 2 April, but the volumes involved were not that significant, according to industry sources.
French President calls for suspension of European investments in the US
France’s President has called for a suspension of European investments in the U.S. in the wake of the Trump administration’s decision to drastically raise trade tariffs with most countries.
Auto tariffs trouble trade
Threat of US import tariff increase adds to European automotive market woes.
Power outage at Heathrow causes flight chaos but will it be short-lived?
London Heathrow has been the scene of flight chaos today after a major fire at a nearby electrical substation, late yesterday evening local time, cut off power supplies at Europe's busiest airport. Earlier today, the airport’s operating company warned of “significant disruption over the coming days,” urging all travelers and cargo stakeholders not to approach the airport until further notice.
Shippers’ quest for calm seas for ocean freight amid global trade turbulence
Uncertainty is arguably at an all-time high in ocean shipping with market visibility nigh on impossible. Questions abound but answers are in extremely short supply.
The fate of SME forwarders in a world of ‘mega’ players
While the sector remains heavily fragmented and the biggest market share for any single company is estimated as being no more than 10%, what is the outlook for small and medium-sized (SME) forwarders when scale is the prevailing mantra?
Reform of EU Customs needs to balance ‘simplification and reality’
The European Union (EU) is preparing a major overhaul of its Customs regulations with freight forwarding, logistics, and Customs service’s body, CLECAT, urging that reform consider “the realities of modern supply chains, which involve multiple parties.”
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