UK – Pentalver, one of the UK’s foremost providers of container-related services, has announced it is investing £5 million in handling equipment after signing a deal with asset management and engineering services specialist Briggs Equipment. Pentalver will be adding 19 new Hyster machines to its fleet following a detailed tender process involving an in-depth assessment of the marketplace and...
NOVEMBER AIR FREIGHT DEMAND REFLECTS STRONG PEAK SEASON
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.8% in November 2016 compared to the year-earlier period. This was a slight slowdown from the 8.4% annual growth recorded in October 2016 – which was a 20-month high – but was...
IATA TO PROPOSE ‘CASS ASSOCIATE’ ADMINISTRATION FEE FOR UK FORWARDERS
The International Air Transport Association (IATA) informs the British International Freight Association (BIFA) of a proposal to introduce an annual administration charge for CASS Associates in the UK, with effect from 2018. The Cargo Agency Settlement System (CASS) program was established by IATA in 1991 following concerns by its member airlines over deteriorating credit control...
China freight train’ in first trip to Barking
China has launched a direct rail freight service to London, as part of its drive to develop trade and investment ties with Europe. China Railway already runs services between China and other European cities, including Madrid and Hamburg. The train will take about two weeks to cover the 12,000 mile journey and is carrying a...
TOP MARKS FOR UK FREIGHT FORWARDERS
The British International Freight Association (BIFA) – www.bifa.org – has revealed the winners of its Freight Service Awards competition 2016. In the Individual category, the winner of the Young Freight Forwarder Award was Nikki Hall of Embassy Freight. This year’s Awards luncheon was hosted by former competitive swimmer and television presenter, Sharron Davies MBE. BIFA...
MOORE STEPHENS SAYS SHIPPING WILL FIND WAYS TO RIDE OUT PROTRACTED DOWNTURN
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