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  • US$1 trillion gain from trade facilitation agreement

    GENEVA: February 22, 2017. IATA says it welcomes the entry into force of the World Trade Organization's (WTO) Trade Facilitation Agreement (TFA), following ratification by Chad, Jordan, Oman and Rwanda to reach the required 110 members. Full implementation of the TFA is forecast to slash members' trade costs by an average of 14.3 per cent, with developing countries having the most to gain according to a 2015 WTO study. The organization said it expects the TFA to reduce the time needed to import goods by over 36 hours and almost 48 hours for exports, a drop of 47 percent and Read More
  • High-speed crash forecast for German truckers

    BERLIN: February 21, 2017. The German Pro-Rail Alliance estimates the share of freight by rail in Germany dropped from 18 percent to 17.6 percent in 2016, as road freight volumes rose 1.5 percent year-on-year while rail freight declined 1.6 percent in the same period. Citing Germany's Federal Statistics Office, the Alliance said the country's total shipment volume last year was 4.6 billion tonnes, with freight by rail totaling 361.3 million tonnes. "Rail freight transport is increasingly becoming a big worry for policy makers," said managing director of the Pro-Rail Alliance Dirk Flege. "With the publication of the official statistics, the Read More
  • The Donald ducks IAM at Boeing

    CHARLESTON, SC: February 17, 2017. Boeing has rolled out its largest Dreamliner during a visit by Donald Trump, two days after it won a vote by its employees not to accept International Association of Machinists' (IAM) representation at its South Carolina plant. Out of the 2,828 employees who voted, 74 percent supported the status quo, according to the company. Built exclusively at Charleston, launch customer Singapore Airlines will take delivery of the first 18 ft.-stretched B787-10 (right) next year. A total of nine airlines have ordered 149 airplanes including KLM, which expects delivery of six aircraft by 2020. According to Read More
  • Spanish exporters bullish on eCommerce

    MEMPHIS: February 15, 2017. In its latest survey of European SMEs, FedEx says eCommerce is a growth area for Spanish exporters with 86 percent already generating such revenue, higher than the European average of 80 percent. Some 33 percent of those surveyed reported higher export earnings in the past 12 months and they expect the trend to continue - citing ease of access to export markets and more secure payment systems. Nearly 70 percent of SMEs said they generate revenue through m-commerce, thanks to the improvements made to web pages and mobile applications, while 79 percent use social networking platforms for Read More
  • Bahri signs logistics contract with Saudi Rail

    RIYADH: February 14, 2017. The National Shipping Company of Saudi Arabia (Bahri) is to provide global logistics support to the Saudi Rail Company (SAR) including Customs clearance services from Bahri Logistics, one of its six business units. The contract was signed by SAR CFO Khalid bin Abdulrahman Obanme and Ahmed Mohammed Al-Ghaith, head of Bahri Logistics. Bahri will supply SAR with transport and shipping services plus shipment track and trace throughout the rail company's supply chain including port handling and warehouse management from country of origin to final delstination. "We are pleased to sign this contract with SAR, one of Read More
  • “Shove it up your ass”

    BROWNSVILLE, TX: February 13, 2017. Following his meeting with Canada prime minister Justin Trudeau, Donald Trump has reiterated that Mexico is the problem with NAFTA. Texas Association of Business president Chris Wallace doesn't agree: "Texas' number one trading partner by far is Mexico, and imposing a 20 percent tax on Mexican imports to fund a border wall would hurt the Texas economy. This proposal could mean a loss of jobs and a hit to state tax revenues." During the U.S. presidential primary elections last year, Trump repeatedly disparaged Mexicans and U.S. citizens of Mexican descent – ignoring the fact that most Read More
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Latest News

Written on 22/02/2017, 20:34
us-1-trillion-gain-from-trade-facilitation-agreementGENEVA: February 22, 2017. IATA says it welcomes the entry into force of the World Trade Organization's (WTO) Trade Facilitation Agreement (TFA),...
Written on 21/02/2017, 20:35
high-speed-crash-forecast-for-german-truckersBERLIN: February 21, 2017. The German Pro-Rail Alliance estimates the share of freight by rail in Germany dropped from 18 percent to 17.6 percent in 2016,...
Written on 21/02/2017, 19:48
ups-tests-day-to-day-drone-deliveryATLANTA: February 21, 2017. UPS has successfully tested a drone that launches from an electric van, delivers a package, and then returns to the vehicle...
Written on 20/02/2017, 23:38
air-canada-increases-profit-in-80th-anniversary-yearMONTREAL: February 20, 2017. Air Canada has reported net income of Can$876 million on revenue of Can$14.67 billion for 2016. The airline group's cargo...
Written on 18/02/2017, 00:01
the-donald-ducks-iam-at-boeingCHARLESTON, SC: February 17, 2017. Boeing has rolled out its largest Dreamliner during a visit by Donald Trump, two days after it won a vote by its...
Written on 17/02/2017, 17:50
spanish-exporters-bullish-on-ecommerceMEMPHIS: February 15, 2017. In its latest survey of European SMEs, FedEx says eCommerce is a growth area for Spanish exporters with 86 percent already...

freightweek - sustainability in the global logistics industry

According to Unilever CEO Paul Polman, geopolitical and climate-related factors mean an extra €300 million a year in distribution costs. He says this not only impacts shareholders but also five million people in the company's supply chain and more than two billion consumers. Unilever's answer: https://www.unilever.com/sustainable-living/

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