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News Desk


European road freight volume growth slows


OVERLAND Transport Intelligence’s (Ti’s) latest report, European Road Freight Transport 2019, reveals that the European road freight market saw a slowdown in volume terms during 2018, with real growth below 3% and further declines expected this year.


IN THE AIR International Air Transport Association (IATA) data for global air freight markets shows that demand, measured in freight tonne kilometers, decreased by 3.4% in May 2019, compared with the same period in 2018. This was a slight improvement on the 5.6% contraction in April.


The International Air Cargo Association (TIACA) is establishing a new working group to define and deliver a sustainability programme for the air cargo industry. To support the initiative, TIACA has signed a long-term partnership agreement with CHAMP Cargosystems.


The UK risks losing up to 120,000 jobs from the aviation sector over the next two decades if it does not improve competitiveness, according to a new IATA report,


which cites the lack of airport infrastructure in southeast England as a major negative factor.


IATA has signed a memorandum of understanding (MoU) with the Animal Transport Association (ATA) to encourage industry adoption of IATA’s CEIV Live Animals Certification. Under the MoU, ATA will encourage its members to pursue attainment of the CEIV Live Animals certification programme, which establishes baseline standards protecting animal welfare in handling and transport.


ON THE OCEAN The escalating US-China trade war may be bad news for the transpacific container trade but should result in higher volumes of intermediate goods as supply chains become more fragmented with the diversion of manufacturing to other markets, according to analyst Drewry.


Global container shipping is focusing more on vertical integration, moving into logistics and away from consolidation amid slowing growth in container trade as well as digital disruption, Fitch Ratings says.


Confidence in the shipping industry has fallen marginally over the past three months, largely as a result of ongoing concern over trade wars and increased regulation, according to the latest Shipping Confidence Survey from leading shipping adviser and accountant BDO.


Orders for new containerships fell 49% year on year in the first half of 2019, following a similar downward trend for orders for other newbuild cargo vessels, according to VesselsValue. It reported that of the 48 boxships ordered in the period, 28 were for South Korean shipping lines.


IN THE SUPPLY CHAIN Criminals are recruiting employees of targeted companies to gain data, cargo information, delivery routes and destinations and access to IT as security measures become more sophisticated, according to a cargo theft report produced by marine insurer TT Club and the British Standards Institution (BSI).


IN THE WAREHOUSE Lambert Smith Hampton’s Industrial & Logistics Market 2019 report claims the level of last year’s


www.bifa.org Ian Matheson, from Impress Communications, reviews some recent news that might impact on Members’ business


investment in the UK logistics real estate sector to have been a record, with more than £8 billion worth of property changing hands and take- up of larger sites (those above 100,000 sq ft) ‘falling just short’ of the record set in 2016.


IN BUSINESS Optimism in the logistics industry has fallen to its lowest level on record, as challenging business conditions and Brexit fears contribute to the sector’s slump in confidence, according to the latest Logistics Confidence Index by Barclays and accountancy and business advisory firm BDO, undertaken by Analytiqa.


UK logistics firms are struggling to finance their preparations for Brexit on account of shrinking profit margins, according to the 2019 Logistics Report published by FTA, which surveyed the opinions of 500 freight and logistics companies operating in the UK and internationally to gather industry insights into the latest political and economic developments.


An unprecedented labour crisis is now gripping the logistics sector, driving up costs and reducing operational flexibility, according to a stream of leading logistics and recruitment executives. Bis Henderson Recruitment told delegates at the Multimodal 2019 event “in terms of a labour crisis, this is bad as it has been”.


By sea – Hague Visby rules (2 SDR): £2.21 per kg £735.82 per package


By road – CMR (8.33 SDR): £9.19 per kg


By air –Montreal Convention (19 SDR): £20.97 per kg


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By air –Warsaw Convention (17 SDR): £18.76 per kg


BIFA STC: (2 SDR): £2.21 per kg


(The SDR rate on 15 July 2019, according to the IMF website, was 1.10373)


August 2019


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