The consultancy said some 8.7m boxes are likely to be fitted with tracking devices in the coming years, an estimate contrasting with a figure of 3.6% by the end of 2021, obtained through a ‘census’ of equipment. Reefer and intermodal containers are well-represented in the Drewry findings, being ...

And European shippers say it could be yet another hurdle for exporters. From October, UK imports will run through updated online system the Customs Declaration Service (CDS), as HMRC terminates support for the Customs Handling Imports and Exports Freight Platform (CHIEF) – but, with 14 weeks to go...

Taewoong’s Hungarian subsidiary, TGL Hungary, will operate the 2,483 sq metre facility in Dunaharaszti, in northern Hungary, as a base for its logistics business in Eastern Europe. TGL Hungary was established in 2018 and has seen increasing EV battery production after large-scale investment from S...

There is still a need – and money – for technology that can produce tangible results, but shiny futuristic projects are struggling to get funding. Chain.io, a cloud-based supply chain integration platform, secured $11m in funding from a group of venture capital firms a few days ago, which four o...

This month, Apple reportedly decided to shift some iPad production to Vietnam after having been more exposed to Beijing’s Covid lockdowns than some of its tech rivals. Two of them, Samsung and LG, already have large manufacturing footprints in Vietnam, and have upped their investment in the countr...

Contributors also discuss the air cargo supply-demand balance and the sector’s logistics challenges, what next for AirBridgeCargo and where (and when) container lines might spend their huge profits. And in part two, Xeneta’s Peter Sand makes some bold predict...

But last week, digital trucking platform Transfix said it had postponed its merger with a SPAC by six months because of the unfavourable climate for such transactions. That, according to colleague and Premium head Alessandro Pasetti, could well equate to, or read: “Pulled”. And Mr Pasetti thinks...

This follows concerns over particularly heavy container losses from around the autumn of 2020 to spring 2021. According to the WSC’s latest figures, some 3,113 containers were lost in the 2020-2021 period, a 400% increase on the losses during the two previous years, prompting the increase in the r...

Inflation, supply chain hiccups and the revival of the service sector have not dented demand for shopping, according to a new survey by PricewaterhhouseCoopers (PwC). This month’s Global Consumer Insights Pulse Survey encapsulates input from 9,069 consumers across 25 countries and territories...

From October, UK imports will run through the Customs Declaration Service (CDS), as HMRC terminates support for the Customs Handling Imports and Exports Freight platform (CHIEF), but government efforts to migrate traders to the new system appear to be stalling. One source told Logistic-News: “Impor...