TELS News

Road Freight Rates in Europe Have Been Growing for Five Consecutive Quarters and Are Going Upwards in the Sixth

Road Freight Rates in Europe Have Been Growing for Five Consecutive Quarters and Are Going Upwards in the Sixth

The average road freight rates in Europe increased by 2.9% in the third quarter of 2021 against the previous year.

Air Freight Costs Have Almost Tripled Since the Beginning of the Year

Air Freight Costs Have Almost Tripled Since the Beginning of the Year

According to the UK-based Air Charter Service, a charter from Asia to North America on a Boeing 777 now costs around $2 million. For reference, the pre-pandemic highest price for such a charter was $750K.

European road carrier rates will rise in 2021-22

European road carrier rates will rise in 2021-22

We would like to share statistics figures and estimates on the rate growth from European road freight carriers. his information is important for understanding the near and long-term prospects in the freight market both within the European Union and to / from Europe.

Shifting Priorities: Timeliness Is Beyond Money, Multi-Sourcing Is Better Than Single Sourcing

Shifting Priorities: Timeliness Is Beyond Money, Multi-Sourcing Is Better Than Single Sourcing

The report covers continued disruptions in supply chains, tonnage deficiency and shortage of equipment forcing the companies to re-prioritize supply chain management systems.

Air Freight Rates from China Are Climbing

Air Freight Rates from China Are Climbing

Prices for one-way air freight charter flights have soared to US$1.5 million as capacity is getting tighter during peak seasonal demand periods.

From China to the USA via Russia. New Alternative in Supply Chains

From China to the USA via Russia. New Alternative in Supply Chains

To diversify the existing supply chains, logistics operators are developing alternative routes from China to the east coast of North America using Russian railways and Baltic ports.

New Achievement of TELS in Corporate Social Responsibility

New Achievement of TELS in Corporate Social Responsibility

In July this year, TELS passed the CRS audit (for compliance with the principles of Corporate Social Responsibility) again increasing its score by 8 points!

Things You Might Not Know About Air Cargo

Things You Might Not Know About Air Cargo

The air cargo market has got many peculiar features. It will surprise by numerous things from relationships with agents to the unexpected behavior of the airlines, which is quite often. Nevertheless, TELS has been developing successfully in this market demonstrating unique qualities at times and taking a leading part in solving numerous issues.

Air Cargo Market Is Growing at a Strong Pace Despite the Many-fold Increase in the Rates

Air Cargo Market Is Growing at a Strong Pace Despite the Many-fold Increase in the Rates

According to the International Air Transport Association (IATA), the demand for air cargo services increased by 12% in April 2021 compared to the values in April 2019.

Rate Cuts Not Expected This Summer Season

Rate Cuts Not Expected This Summer Season

Summer has always been characterized by a seasonal decline in transportation rates in the market. Forwarding companies take this factor into account when preparing annual contracts with their customers.

TELS Presents a New Groupage Line for Transportation from Russia to Europe

TELS Presents a New Groupage Line for Transportation from Russia to Europe

The major characteristic of LCL transportation market between Russia and the European Union is that there is a wide range of services for transporting groupage cargo from the EU to the Russian Federation by heavy trucks and small consignments from Russia transported by LCV.

Shipping from China to Europe by Railway Is Now Cheaper by Sea

Shipping from China to Europe by Railway Is Now Cheaper by Sea

The rates for container shipments between Asia and Europe by railway have dopped below the shipping costs by sea.

The Imbalance Between Supply & Demand Will Keep Air Freight Rates High

The Imbalance Between Supply & Demand Will Keep Air Freight Rates High

The shortage of carrying capacity in the air cargo market is currently around 30% despite the higher level of cargo turnover against the pre-pandemic period.

Railway Container Flows Between China & Europe Increased 2.5 Times

Railway Container Flows Between China & Europe Increased 2.5 Times

In January – February 2021, 109.3 thousand TEU were transported via Russian railways from China to Europe and back, which is 2.5 times more against the same period of the previous year.

Automated Customs Inspection Complexes Will Speed up Rail Freight Containers from China

Automated Customs Inspection Complexes Will Speed up Rail Freight Containers from China

The press service of Rostec State Corporation, Russia, reports their plans to equip railway entry points at the border between Russia and China with customs inspection complexes (CIC) by December 31, 2021, which will allow to check freights automatically without stopping the train.

Post-Pandemic Economy. The Risk of Surge in Defaults

Post-Pandemic Economy. The Risk of Surge in Defaults

The massive growth in government spending has resulted in a sharp increase in global debt. Trying to maintain the economy ruined by the coronavirus pandemic, the central banks made an unprecedented cut in interest rates in 2020.

Shipping Lines Lose Containers at Sea. How to Protect Your Interests?

Shipping Lines Lose Containers at Sea. How to Protect Your Interests?

Several cargo ships have lost a large number of containers in recent months in different incidents, reports the Wall Street Journal.

Logistics during the Pandemic. 2020 in Review. 2021 Outlook

Logistics during the Pandemic. 2020 in Review. 2021 Outlook

In 2020, the market of transportation and logistics differed greatly from the previous periods. The experience of a logistics operator acting in conditions of economic and political recession gained before was applied only partially last year – the major factor influencing the entire world economy was the COVID-19 pandemic.

The Capacity of Market Sectors and Response to the Pandemic

The Capacity of Market Sectors and Response to the Pandemic

We continue to publish the results of the logistics audit in the new conditions. This article will review the capacities of different industries and the changes taking place in crises like the COVID-19 pandemic.

Logistics in 2020-2021. Life after the Pandemic

Marketing Research and Analytics Departments of TELS Group carried out a marketing audit of the transportation industry developing in new conditions. This article summarizes one part of the report on the market trends that have been developing more rapidly as a result of the pandemic and will be shaping the future of transportation and logistics.