Greek National Truckers Strike Donot let it affect your supply chain! by AE GC LYMBERPA

The Greek National Truckers Union is expected to announce strike in the following days, beginning on July 23rd or on August 23rd (most probable date is August 23rd). Once the strike is announced, we expect it to last at least 10-12 days. During the strike, Union blockades will exist in national roads, port entrances, and airports, while all trucker...more

Supply/demand balance is vital for air cargo sector by Forwarder.com

Despite figures showing the air cargo industry clearly in recovery mode, the International Air Transport Association (Iata) warned airlines to continue to focus on matching supply with demand in order to improve profits. Iata said volumes R20;surgedR21; in May, 34% higher than in May 2009. Traffic was 6% higher than pre-recession levels, while load...more

INDIA AIMS TO BE AMONG WORLDF0;S TOP 10 AIRPORTS by Forwarder.com

India is ready to transform its airport to be among the worldF0;s top ten, with the opening of the newly constructed international terminal at the Indira Gandhi International Airport (IGI). It is a magnificent achievement. The Prime Minister said at the grand inauguration ceremony of the new terminal R20;ItF0;s a magnificent achievement. Our ambi...more

Three Carriers Add Congestion Charge at Nehru Port by Forwarder.com

Three major ocean carriers covering the trade to and from India plan to impose an emergency congestion surcharge on all import containers handled at the Port of Nhava Sheva (Jawaharlal Nehru), the countryF0;s largest container gateway. Effective on July 15, the surcharge will be $150 per 20-foot equivalent unit and $300 per 40-foot equivalent unit....more

LCL demand rises as rates harden by Forwarder.com

The weakening euro and US dollar are increasing demand for LCL (less-than-container-load) services from Asia, as shippers seek inventory cost savings. Although the decline of these western currencies was a R20;huge threatR21; to Asian exports, it favoured providers of LCL services. Exchange rates can change trade patterns completely. Shipper that ...more

More air cargo capacity for India by Forwarder.com

Efforts are being made to open PuneF0;s Lohegan airport to international cargo flights. Local reports said that Pune Customs has applied this week for regulatory approval for the airport to expand its cargo coverage to cover international shipments. A 4ha site is being considered for a new 500sq mtr air cargo complex, but in the short-term, exist...more

Alitalia joins the transatlantic air cargo JV by Forwarder.com

Alitalia has joined the Air France-KLM Delta Air LinesF0; transatlantic joint-venture (JV) in order to increase the number of destinations it can serve. Alitalia representatives will immediately join the JVF0;s 11 working groups responsible for implementing and managing network, revenue management, sales, product, frequent flyer, advertising/brand...more

Carriers 'scaremongering' over box shortage by Forwarder.com

Carriers delaying Asia-Europe peak season surcharges (PSSs) and general rate increases have been accused of R20;scaremongeringR21; over the container shortage. Although volumes had increased in line with peak season expectations, space can still be found on vessels and the container shortage has yet to have an impact. As a result carriers have be...more

Hong Kong Air Cargo Terminal sees cargo soar by Forwarder.com

The Hong Kong Air Cargo Terminals (Hactl) saw year-on-year volumes soar by 30% to 245,350 tonnes in June, pushing throughput for the first half of the year to almost 1.4 million tonnes, up 39% on the first six months of 2009. Exports in the first half totalled 752,830 tonnes, up 46% year-on-year, while the import total of 366,200 tonnes was 35% hig...more

EU CUSTOMS REGULATIONS EFFECTIVE ON JAN.1st,2011 by Forwarder.com

EU customs regulations have introduced a number of mandatory measures to tighten security on goods entering or leaving the E.U. New regulations governing the Import Control Systems (ICS) will become effective on January 1, 2011. As of that date, pre-arrival information to the customs Office of First Entry for all EU import shipments will become man...more