Identifying dangerous goods incorrectly can have massive consequences
The implications of an event such as that which took place in Tianjin will probably take many months to emerge. Investigations are still on going. The significant human cost and infrastructure damage to a key port serve as a vivid ‘call to action’ to the entire supply chain industry in relation to dangerous goods, whether on land, at sea, or in the air.
The cause of the original fire and subsequent explosions are uncertain,
Lithium battery causes emergency landing
Just days after the FAA issued a strong warning about the risk of unstoppable fires from lithium battery shipments, an Alaska Airlines passenger flight from Newark to Seattle made an emergency landing in Buffalo after a credit card reader, used as the point of sale for onboard purchases of food and drink, began to overheat and smoke in the cabin of the aircraft. The card reader, which was powered by a lithium-ion battery,
Container shipping set to make a loss in 2015. Bad news for all in the long run.
A toxic mixture of over capacity, weak demand and predatory pricing by some of the larger players is forecast to produce a loss for the whole industry in 2015.
Earlier this year the respected industry consultancy, Drewry forecast that shipping container carriers would collectively make $8 billon profit in 2015. They have now revised their forecast and advise that they will be lucky to break even. The more likely scenario is that the majority of carriers will be in the red.
Anti Dumping duty – what I need to know
There is a type of customs duty that that causes particular concern and confusion – Anti Dumping Duty.
In recent times there has been an increase in investigations to recover Anti Dumping Duties (ADD) retrospectively and most of these have been conducted by the European Anti Fraud Office ( OLAF).
Anti Dumping duties (ADD) are an additional duty amount charged when the EU consider goods are imported into the EU at below a fair market rate.
K&L Freight sponsor leading industry awards
K&L Freight are confirmed as one of the sponsors for The BIFA Freight Service Awards 2015 competition which will culminate in a glittering Luncheon Ceremony on Thursday 21st January 2016 at The Brewery, in the City of London.
The awards celebrate the best service and innovation within the International Freight industry with awards in a number of different categories.
As one of the awards ceremony sponsors K&L Freight is delighted to be able lend its support to this prestigious event.
Latest news on Far East Freight Rates
Unexpectedly prices in the Far East freight market have further reduced and the low prices seem to be set to continue through to the end of June.
The consequence of the latest dip in rates is that some lines have become completely overloaded with business. As a result the affected lines have backlogs of containers waiting to ship at origin of up to two weeks .
At K&L Freight we are spending a lot of time and effort ensure that we avoid these bottlenecks by swapping carriers as necessary so that containers move as planned whilst at the same time our customers get to enjoy the very low freight rates that are currently available.
Far East freight rates fall, yet again!
As our regular customers will know, freight rates from China and the Far East have been on a roller coaster ride for much of the year and currently are now at an all time low.
It may seem odd that a mature market dominated by four large consortia should behave in this way especially when the latest estimates conclude that the China to Europe container import industry is still growing.
Airport still a problem for Nepal airfreight
Nepal airfreight is on the move again, but progressing slowly. While the general flow of humanitarian cargo into Kathmandu’s International Airport has been improving, charterers on the ground report restrictions on landing slots and aircraft loading weights.
Imposed by Nepal’s civil aviation authorities, these restrictions are limiting the efficiency of aid operations and delaying the arrival of supplies into the country. In recent days, damage to the runway has seen landing and take-off weights of freighters limited to 196 tonnes in order to reduce runway damage.
K&L Freight sponsor Cheshire Rugby Cup
K&L Freight is showing support for young athletes in Cheshire by sponsoring the 2015 Cheshire Rugby Cup.
As avid rugby fans, company directors Chris Buckley and Martin Kidd are encouraging local participation in the sport by supporting the Under 11’s youth tournament at Winnington Park Rugby Football Club.
Director Chris Buckley will be presenting the cup to the winning team at the event on 26 April.
He said: “We’re inspired by the passion and level of commitment these young rugby players demonstrate at every match.
Cross Trade Shipments From USA to the UK
Cross trade shipments are an important part of our service offering. Thanks to our international network of agents, we make it easier than ever for clients to ship their cargo directly between countries – without having to be routed through the UK.
This service has been especially useful for one of our automotive clients. Specialising in Porsche engines, the company is a world-renowned expert in automotive repair and maintenance of high-performance engines.