• IKEA plans giant river-connected warehouse in Paris May 12,2021

  Swedish home furniture and furnishings retail giant IKEA is investing €120 million in the construction of a 72,000 sqm state-of-the-art warehouse on the banks of the river Seine from where it plans to use river transport to replenish supplies to city centre stores in Paris and deliver to customers wh... [learn more]

• Air cargo rates spike linked to 'geographical lane imbalance' May 11,2021

  Some of the reasons for the recent price spike in air cargo rates tie into increasing signs of geographical lane imbalance in market demand and capacity availability, according to analysis based on data from the Baltic Air Freight Index (BAI).“That imbalance is manifesting via pricing and has si... [learn more]

• Consolidation in Rotterdam box handling May 11,2021

  Hutchison Ports Netherlands, a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal operated by A.P. Moller-Maersk-owned APM Terminals.The financial details of the transaction have not been disclosed.APM Terminals Rotterdam (APMTR) is located adjacent to Hut... [learn more]

• Protect hauliers from people-smuggling penalties, says Logistics UK May 11,2021

  Responsible hauliers and drivers who are unwitting victims of people-smuggling gangs should not be penalised if all precautions have been taken to protect their vehicles, according to Logistics UK.The industry body was responding to the government’s consultation, New Plan for Immigration, that ... [learn more]

• Parcel giant DPD acquires temperature-controlled logistics firms May 11,2021

  French post office-owned parcel delivery giant DPD has announced the “strategic” acquisition of BK Pharma Logistics and BK Sneltransport – two Dutch firms specialised in temperature-controlled transport and logistics services for food and pharmaceutical products – via i... [learn more]

• Ocean freight rates and challenges rise further May 08,2021

  Ocean freight rates out of Asia have continued rising, especially to the US, as reduced capacity, high demand and equipment issues leading to “extreme capacity or equipment shortages” in North China, southeast Asia, and Taiwan.The latest freight rate assessments from Drewry on eight major ... [learn more]