Freight rates to stay high, says DHL

Freight rates to stay high, says DHL

DHL expects freight rates to remain high in 2022. The German logistics company Deutsche Post DHL does not expect freight costs to ease this year. Tim Scharwath told Reuters: “The short-term rate will rise a little in air and ocean freight, the long-term rate...
Two containers seized in India with hidden printers

Two containers seized in India with hidden printers

Earlier this year, the Directorate of Revenue Intelligence (DRI) in India seized two containers that were labelled as scrap, but had hidden MFPs at the back of the container. The Times of India reported in April of the seizure of two containers by the Ludhiana-based...
Prices to rise as shipping costs quadruple

Prices to rise as shipping costs quadruple

Christmas and Coronavirus impact of shipping costs that are now set to quadruple. A year ago, a 40 foot container used to cost around $2000 / €1660 to ship between China and most European ports but today the cost is anywhere between $8000 / €6640 and $10000 / €8300....