Easing container congestion and the summer “doldrums” have sent MPV rates drifting downward, but carriers expect energy-related demand and tight capacity to keep the sector healthy in the long term.
Soaring inflation and a cost-of-living crisis is leading to a sharp increase in industrial action by workers across Europe, with Port of Felixstowe dockworkers the latest to vote for a walkout.
After two years of keeping supply chains moving in a heavily disrupted logistics sector, and now facing rapidly rising inflation, transport worker unions in Europe are turning up the heat on employers.
Two logistics-focused email automation specialists are joining forces, with London-based Sedna acquiring San Diego-based Shelly to accelerate the former’s ability to automate email data extraction for logistics teams.
Member states expressed concern over the equitable use of the R&D funds as well as fair and equal access to any patents and technologies that would be created.
Customs software provider KlearNow has added a drayage service to its product in order to sync cargo availability to capacity from its network of dray providers.
The temporary suspension of P&O Ferries’ services has rocked a UK logistics industry already struggling to cope with a host of supply chain issues caused by Brexit, the pandemic, and ongoing manpower shortages.
Russia’s invasion of Ukraine could exacerbate a tonnage shortage in the global MPV/HL sector driven by ongoing container-side congestion and spillover cargo.
The board of UK e-commerce and reverse logistics specialist Clipper will recommend shareholders accept terms of a takeover deal from New York-based GXO.