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.
Several cargo ships have lost a large number of containers in recent months in different incidents, reports the Wall Street Journal.
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.
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.
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.
A new batch of heavy trucks consisting of 7 MAN trucks with Krone Mega Liner curtain side semi-trailers were added to TELS’s fleet in October.
Global Freight Forwarders Increase Profits Against Maximum Decline in the Volume of World Merchandise
The Loadstar reports that according to Transport Intelligence the coronavirus pandemic has resulted in a 11.6% decline in air and sea freights over the previous year.
TELSGROUP is publishing the present statement about the Modern Slavery Act for the financial year finished 31.03.2020 on its web-site on behalf of T.E.L.S. Transeuropean Logistic Services Limited
The Republic of Belarus will suffer negative economic consequences arising from the political crisis. This will affect both the republic and most probably the freight market between the European Union and the Russian Federation. At least, we should expect redistribution of transit cargo flows if Minsk carries out its threats in response to the restrictions introduced by Poland and the Baltic states.
Due to the increase of criminal incidents in the cargo transportation market, the Legal Department of TELS Group reminds its employees and partners once again of the importance of the rules preventing cargo theft and the procedures allowing to admit contractors for transportation.
TELS Marketing Department has reviewed its work with the customers during the first six months of 2020 and provided the details to company’s management. The overall results are as follows – the increase of freight orders by 5 % and the actual profit by 6 % against the same period in the previous year.
Registration of goods labelled with Data Matrix codes in the Chestny Znak (Honest Mark) system is being tested in Russia. Labelling of all pharmaceuticals, shoes and cigarettes has become mandatory from July 1, 2020. This will apply to perfumes, eau de toilettes and photo products from October 1, 2020, to tyres – from January 1, to consumer goods – from January 1
TELS passed the CRS audit (for compliance of Corporate Social Responsibility) being awarded a Silver Medal for its CRS practices and ranking in the TOP 25% of companies evaluated by EcoVadis.
The date when labeling of pharmaceuticals, shoes and cigarettes with Data Matrix codes registered in Chestny Znak (Honest Sign) system becomes mandatory is now final.
Since January 2019, Russian international road carriers have been transporting goods to inland regions of China. But so far, only a few of them have been able to arrange deliveries to / from China further than 50 kilometres from the border. TELS experts speak on peculiar features of road transportation in the market.
This year TELS partnered with GreenLine to open MAN Dealership close to Smolensk (Kamenka village).
New Regulations for the Transit of Goods Imported from Countries Imposing Sanctions via Russian Territory
The Government of the Russian Federation has established special procedures for the transit of goods from the countries that established sanctions against the Russian Federation.
Smooth Procedure of Marking the Products Imported into Russia. How Is This Possible and How to Gain Benefits?
Mandatory marking of certain goods started on December 1 in Russia. It implies that manufacturers and importers will have to put digital codes on their products containing information about the producer and the stages the product moves from the production plant to the store.
Every other year Munich, Germany, hosts one of the largest logistics exhibitions in Europe, which brings together thousands of exhibitors from dozens of countries. In 2019, the exhibition featured ten halls and outdoor space of 125,000 square metres. In total, 64 thousand visitors from 125 countries attended the exhibition.