The “terrible” weather in Mozambique is exacerbating an already difficult situation for supply chain operators in East Africa, as the region grapples with political turmoil in Tanzania and severe congestion in Kenya. CMA CGM yesterday announced a Port Congestion Surcharge (PCS) of $200 per TEU on all shipments to Beira in Mozambique, which will come…
UPS Inc., the package delivery and logistics giant, paid $1.6 billion to acquire Andlauer Healthcare Group Inc. (AHG), a Canadian company that provides customized third-party logistics (3PL) and specialized cold chain transportation solutions to the healthcare industry. According to UPS, the deal underscores its commitment to providing global specialized capabilities as a leading provider of…
A combination of faltering demand, weak spot freight rates and a sharp injection of expected capacity has brought transatlantic container trade to breaking point. The news comes alongside a warning that carriers must act, today in The Loadstar, as they face excess capacity and low rates for years to come. Spot rates on westbound transatlantic…
President Donald Trump said he will not attend this week’s Supreme Court hearing on the legality of the global tariff regime. Bloomberg reported that the president made the announcement while returning to Washington from his home in Mar-a-Lago on Sunday. Read also: President Trump warns of economic conflict if the Supreme Court rules against tariffs…
Organized crime groups are leading a boom in the theft of high-value cargo across the U.S. and Canada by using social engineering techniques to learn the names and contact information of brokerage professionals and carriers, then redirect legitimate shipments to nefarious destinations, according to theft prevention and recovery company CargoNet. The company’s latest report shows…
Ground handling agent Swissport has appointed Steven Polmans as global senior vice president of freight, effective 15 November. He will lead Swissport’s global air cargo operations “with a focus on developing and driving the global cargo strategy and enhancing commercial performance”, and will play a “critical role” in enhancing the company’s global reputation. He has…
In recent years, in-house logistics teams have made a strong comeback. After decades of relying on outsourcing, many companies now see the value of managing logistics in-house. Rising costs, supply chain disruptions, and rising customer expectations have pushed companies to regain control. By rebuilding internal logistics teams, companies improve visibility, speed and accountability. This shift…
The requirement for annual inspections has been abolished, but the Swiss are accused of acting in contravention of European safety regulations and causing a potential crisis in the supply chain. Switzerland’s Federal Office of Transport (FOT) has amended its controversial new rules governing the operation of wagons, removing the deadline for annual inspection requirements in…
© Priest007 The ships are redirecting ship calls from Tanzanian ports to Mombasa, in neighboring Kenya, following the unrest following Tanzania’s recent general elections, which the opposition criticized as “sham”. Today, the President of Tanzania, Samia Suluhu Hassan, was sworn in amid tight security measures in… To read this article you need to subscribe. Help…
Record centerAmazon’s advanced data analytics solutions have set a new standard for managing U.S. tariffs with remarkable efficiency, transforming what was previously a labor-intensive customs process into a seamless, automated system. By integrating various data sources, including SAP, materials management systems and Harmonized Tariff Schedule (HTS) codes, the Log-hub solution provides highly accurate tariff calculations…