Following a difficult month for carriers during which spot rates on the Asia-Europe market fell to levels not seen since 2016, there seems to be a reversal of fortunes in May as rates start to slowly move upwards and the Shanghai index has recorded 3 weeks of straight gains. In general terms however spot market [...]
This year Ligentia was proud to have achieved AEO accreditation. Authorised Economic Operator (AEO) status is internationally recognised, allowing Ligentia to be acknowledged as a “preferred forwarder”. This opens opportunities within a network of accredited, vetted suppliers and transporters. As Brexit looms, customs will focus their attention towards companies that are opening their international supply chain to [...]
As ever, little is straightforward in the industry and not far below the surface is a situation where freight rate stability is under threat, where supply in the form of new capacity is in danger of being out of control, and where service levels are creaking as reliability slips to new lows.
The seventh biggest ship in the world has visited Southampton on her maiden voyage. In a bid to be at the forefront of the industry, the Port of Southampton has invested hundreds of millions of pounds in recent years expanding, building bigger cranes and creating deeper channels so it can handle the bigger ships. Due to [...]
Lufthansa Cargo will charge a €12 per consignment fee for processing paper-based air waybills (AWB) from 2nd April but will implement a lower rate of €1 from October this year, according to local reports. The fine is avoidable for customers who will opt to use its e-air way bills, which the carrier has offered since [...]
Hungary’s largest airport is establishing itself as a regional air freight hub, handling 127,145 tonnes of cargo in 2017. Starting this year, two carriers plan to operate flights to the U.S. from Budapest Airport (BUD), and next year, the airport will open a 20,000 square meter freight center that will expand BUD’s cargo handling capacity [...]
As demand for air cargo services rises, Brussels Airport said that it will invest €100m for the development of new logistics facilities. The airport’s cargo platform, Brucargo, is serving multiple companies with import and export activities. The latest investment will help Brucargo to further expand its cargo department in its Strategic Vision 2040 plan. The [...]