There were a high number of blank sailings last year, particularly due to the Corona Pandemic. The analyst Sea Intelligence has released an analysis this week showing a high number of cancelled sailings especially in March 2020.
It has been one month since the Ever Given, one of the world's largest container ships, ran aground in the Suez Canal, blocking the important waterway in Egypt. After 422 ships got stuck, the container ship was freed after 6 days. As reported by Reuters news agency, it is estimated that the consequences will be felt until summer.
The progress of automation is already evident in modern vehicles, for example in the form of advanced driver assistance systems that help drivers stay in their lane, maintain their speed or brake in good time. In freight transport, truck platooning is a preliminary stage on the way to autonomous trucks.
The blockade of the Suez Canal led to immense effects on cargo traffic and world trade. A brief review: The container vessel "Ever Given" veered off course in a sandstorm on the night of March 24th and grounded in the Suez Canal. After six days, the 400-meter-long and 69-meter-wide vessel chartered by Taiwan's Evergreen Marine Corp. was freed.
High investment costs and a lack of know-how stop many companies from investing in digital innovations. Nevertheless, the Corona crisis in particular showed that digital pioneers benefit from the investments they have previously made.
There is no denying the fact that innovative digital solutions offer the potential to transform the industry. Nevertheless, digitization still poses major challenges for companies. We talked to Menno Benningshof about the current challenges, opportunities but also about possible dangers.
Sea freight, air freight and truck are typical modes of transport in logistics and each mode of transport has its advantages and disadvantages. To take advantage of each, it makes sense to combine them. This brings us to the topic of "combined transport”.
FOB and EXW are frequently used Incoterms in transport logistics. But what exactly do we mean by FOB and EXW and what actually are Incoterms? The term Incoterms stands for International Commercial Terms and refers to the terms of delivery commonly used in international trade.
In a year as challenging as 2020, Europe's three busiest ports also experienced a "corona shock" at the beginning of the year. Nevertheless, they were still able to make up a lot of ground in the second half of the year.
Almost two months have passed since the end of the Brexit transition period. A brief review: On 24th December, the EU and the United Kingdom agreed on a trade and cooperation agreement after months of negotiations.