Freightos

FEBRUARY 18, 2018

All Quiet On The Eastern Front. Freight Rate Update Wk7. By John Edmonds, Research & Marketing, Freightos. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. Coming out from the Chinese New Year holiday shutdown, with international freight movements from China at a standstill, air and ocean pricing from China barely moved last week.

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Logistics Manager

FEBRUARY 18, 2018

The Port of Rotterdam has reported that particularly strong growth in container throughput of 12.3%, in tonnes, was the main driver of growth throughout 2017. Total cargo throughput rose by 1.3%, with the port returning to growth trends seen before 2016. Total tonnage increased from 461 million to 467 million, and the increase in containers was offset by a fall in dry bulk of 2.6% and in wet bulk of 4.1%.

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The Logistics Academy

FEBRUARY 18, 2018

The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices. However, this is largely seen as a short-term upswing. Over the longer term, slowing potential growth—a measure of how fast an economy can expand when labor and capital are fully employed—puts at risk gains in improving li

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Airfreight Logistics

FEBRUARY 18, 2018

GBA Services a time-critical logistics provider who recently opened operations in Germany, has now become an approved carrier of secured mail and air cargo in the European country. This new approval is in line with the new German Aviation Act which becomes effective as of March this year. The approval for GBA Services Germany GmbH allows them to carry out ground transport for all secured air cargo, working for regulated agents and known consignors.

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Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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247 Customs Broker

FEBRUARY 18, 2018

Double digit growth all round The German airports collectively almost reached the 5 million ton mark in 2017. Official air cargo tonnage was recorded as being 4.9 million tonnes. This was almost a good eight percent higher. than the previous year. However, one can not overlook the fact that from the 4.9 million tonnes, almost 85% passed through Frankfurt, Cologne-Bonn and Leipzig.

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247 Customs Broker

FEBRUARY 18, 2018

Simultaneously, Rhine-Main and IT specialist Dakosy agreed on implementing a digital cargo portal at FRA for shippers of dangerous goods. Frankfurt Airport reports a 1.3% increase in cargo tonnages handled last January and a 7.6% rise in passenger figures. On the passenger side the main growth driver was the European passenger. movement. Cargo increases were disappointing, but maybe also due to the continued strife on the delays experienced in December due to strikes and long waiting times.

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247 Customs Broker

FEBRUARY 18, 2018

LBR Staff Writer. Published 19 February 2018. Frasers Property, via its subsidiary Frasers Property Europe (FPE), has signed a series of sale and purchase agreements to purchase 22 assets owned and managed by Alpha Industrial, as well as project and asset management business of Alpha Industrial in Europe. Under the deal, Frasers Property will acquire 16 completed logistics and light industrial facilities, which include a combined gross leasable area (GLA) of 393,800m².

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247 Customs Broker

FEBRUARY 18, 2018

Cargo figures have declined Despite the global air freight boom of 2017, Etihad has been fighting an uphill battle as far as generating acceptable cargo volumes and revenues. This has led to the decision to also cut the all. freighter fleet considerably. Five A330-200 freighters are going out of service. Whether they will be just stored to await better times or sold off, remains to be seen.

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