This time last year shippers were proud of the excellent peak season they’d just had, which helped to boost the market ahead of annual contract talks. Fuel costs also declined by 50% from the summer until the end of 2014. This time around, carriers are anxious about the over-capacity at present and how this will affect price structures for the following year. In fact, year-end service suspensions are coming in fourteen days earlier than usual, highlighting carries worries.
We have reached December and it seems the same topic is still very much on the table. It is worth noting, however, problems in the Calais area are being tackled by the Anglo French accord with stricter enforcement of rules.
Rail Cargo via Channel Tunnel
The Channel Tunnel continues to experience severe disruptions due to the current migrant crisis. Eurotunnel reports that within the last quarter, transport decreased by 33%. The SNCF fencing presents the biggest problem as it gives easy access to the Frethun freight yard.
News has come out that Heathrow Airport is planning to double its freight capacity. The airport management plans to expand the infrastructure that will speed up the flow of cargo, cutting the current processing times by half.
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The port of Felixstowe recently celebrated the opening of its new Berth 9 Extension, which will allow Britain’s busiest port to handle two of the world’s largest container ships simultaneously.
We have seen a lot of advancements from within the logistics sector over the past couple of years. From the world’s biggest ship ‘MSC Oscar’ able to hold 19,224 standard 20ft-long containers, to the modernisation of the shipping technology we use.
Importer Security Filing is required for every cargo shipment imported to the United States. Neglecting to do so, can cost over $5.000, - in damage fees and a hold on your cargo. It is an expensive lesson to learn for many shippers.
First implemented by the United States Customs and Border Protection (CBP) in 2009, Importer Security Filing (ISF) finally came into full enforcement on May 14th 2015.
Shippers know the importance of excellent carriers. They are a vital part for cutting costs and increasing profits and, therefore, it’s critical to make sure that your carriers are up to par.