BIFA - Industry News

New HGV market up a fifth in Q1 2019

UK new heavy goods vehicle registrations increase by 21.2% in Q1, following negative performance in 2018. Growing demand for Rigid and Artic trucks, up 12.9% and 32.3% respectively. Tractors remain...


Five more carriers join digital shipping association

CMA CGM confirms being a founding member of DCSA and hence, being part of the Supervisory Board. Evergreen Line, Hyundai Merchant Marine, Yang Ming Marine Transport Corporation and ZIM Integrated...


BIFA warns of looming deadline for Customs training funding applications

Robert Keen, director general of BIFA, the trade association for UK freight forwarding and logistics companies, warns: “Applicants only have until 31 May 2019 to apply for funding towards training...


Shipping Industry Expresses Concern Over Recent Trade Developments

This comes at a time when trade barriers are becoming more prevalent and represent a worrying trend for the delivery of sustainable economic growth. The papers highlight that there has been a seven...


End of Intermediaries Grant Scheme

The grant is available to support customs intermediaries and traders with training and IT costs ahead of the UK leaving the EU. Increased capacity in this sector will be important whatever our...


World Container Index - 09 May

Two-year spot freight rate trend for the World Container Index: World Container Index assessed by Drewry Our detailed assessment for Thursday, 9 May 2019 View our more detailed weekly analysis ,...


Weak air freight demand continues

Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 3.1% year-on-year in March 2019. Capacity growth has now outstripped demand growth for 11 out of the last 12 months....


Global freight forwarding market forecast to grow at a CAGR of 4% to 4.5% until 2020

The global freight forwarding market, which is an integral division of 3PL services, is expected to grow at a CAGR of 4 - 4.5% until 2020, according to Beroe Inc, a procurement intelligence firm....


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