At the start of the new year, Indonesia banned exports of coal as the coal inventories of the country dropped to an all-time low. The country that was so far the world’s biggest coal exporter has put a ban on the exports of all types of coal to avoid a power crisis. In today’s post,…
Freight forwarders who regularly send out sea freight shipments are surely aware of the much-dreaded demurrage and detention charges. Demurrage and detention fees were introduced as compensation to the equipment and container owners for the use of their warehouses, container yards, freight stations and containers. These fees act as an incentive for the shipping companies…
The immediate aftermath of Britain’s departure from the European Union has resulted in unprecedented hardships for the transportation and logistics industry in both the UK and the EU. As 2021 has come to an end the full impact of Brexit on transportation and logistics is becoming apparent. As the industry started to recuperate from the effects…