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Postal operators braced for parcel delays in US, EU Mar 17,2021
Postal operators are bracing themselves for potential disruption to parcel deliveries with the coming ino force from today (15 March) of the US' STOP Act and the European union ’s Import Control System 2 (ICS2), an international trade expert has warned.The STOP Act had originally been due to ... [learn more]
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EU launches legal challenge to UK suspension of GB-NI goods checks Mar 17,2021
The European Commission (EC) has launched a legal challenge against the UK’s suspension of checks on goods arriving in Northern Ireland (NI) from Great Britain (GB), claiming the decision breaches parts of the Withdrawal Agreement governing the UK’s departure from the EU and its trading ru... [learn more]
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Ocean to compete with air for vaccine deliveries, says Maersk Mar 17,2021
Ships will soon compete with planes to deliver COVID-19 vaccines in a distribution drive that could take four years, The Financial Timesreports, quoting a senior executive at AP Møller Maersk.Most of the vaccines have been transported by air and land since the factories are mainly located in Euro... [learn more]
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Diversifying sourcing ‘critical to alleviate supply chain volatility’ Mar 17,2021
Diversifying sourcing is widely now seen as critical to alleviating supply chain volatility, with almost 90% of shippers diversifying their supplier base or planning to diversify their suppliers, a new report has found.‘The State of The Freight 2021’ report, based on a survey of over 300 s... [learn more]
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Why should I pay any attention to spot container freight rates? Feb 22,2021
Over the past two years, the container shipping industry has faced several challenges, many of which were felt on the Far East to US West Coast (USWC) route. This route has taken the biggest direct hit from the trade war that started in 2018 and which, despite the signing of the Phase One Agreement between th... [learn more]
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Container shipping must join concerted 2050 clean-up effort Feb 22,2021
CONTAINER shipping is by far the most carbon efficient means of transporting goods across the world, but because more than 90% of the world’s traded goods are seaborne, the sector still has a major environmental impact.As a result, IMO regulations to reduce sulphur content in fuels from ... [learn more]