GFS - Global Freight Services’ Post

LATEST UPDATE --> Slight curfew lift today to allow shopping for essentials & minor office operations -->Air export shipments have been on hold since July 19th due to a lack of customs documentation and officials. Further delays are expected, potentially causing significant blockages at Bangladesh Airport in the coming weeks. -->The sea port remains congested, with no vessel movements and several ships anchored outside. Staffing issues and manpower shortages might worsen the congestion. -->Most garment factories in Chittagong resumed operations on July 23rd, but EPZ factories are still closed and will reopen once the situation normalizes. Shipments stuck in the EPZ will be moved once conditions improve. Hopefully more updates soon 📩GFulcher@cargo-overseas.com 📲07450 140281 hashtag #bangladesh #dhaka #manufacturing #supplychain

Always stand for what you believe, stand for what is right, and stand for what you desire. True freedom lies where the mind is without fear. Happy Pakistan Day from ACE Pakistan! #Ace #AceTeam #AcePakistan #Logistics #LogisticsSolutions #Shipping #Freightforwarding #FreightForwarders #Airfreight #SeaFreight #Import #Export #Pakistan #PakistanDay #resolutionday

Bangladesh's logistics strength is on the rise!

🚀 Addressing Air Freight Challenges: A Focus on the Bangladesh Freight Industry! 🚀 The latest Air Freight State of the Industry report highlights some pressing issues: - Capacity Constraints: Across all Asian markets, airlines have contracted over 80% of their capacity to e-commerce companies, leading to significant limitations. - Rising Air Cargo Rates: Global air cargo rates are defying seasonal trends, reaching their highest levels of the year due to a supply-demand imbalance. - Fuel Price Fluctuations: While Brent crude oil prices dropped $6/bbl. in July, concerns over Middle East supply disruptions are expected to drive prices back up. In this challenging landscape, the Bangladesh air market is particularly affected, with soaring rates and limited availability as airlines prioritize high-revenue shipments. Short-haul rates have also skyrocketed, complicating air-air movement from Bangladesh. At Bengal Airlift, we are dedicated to supporting our customers in navigating these challenges. We offer reliable air freight solutions tailored to ensure your shipments are handled efficiently and cost-effectively. Let’s tackle these obstacles together! #BengalAirliftLtd #BangladeshCargoClub #Logistics #Airfreight #Ecommerce #SupplyChainManagement

Logistics Update🚢✈️ 📌 At Singapore port, a major transshipment route for Bangladesh, it takes about 7 days for a ship to get berthing in place of one-and-half days at normal time 📌 Charges have increased by 50% at Singapore and 15% at Colombo port 📌Reasons-Firstly, the detour in transporting goods due to Houthi militant attacks in the Red Sea. Secondly, congestion at ports in various countries, including Singapore and China 📌 Due to Houthi militant attacks in the Red Sea, commercial ships travelling between Bangladesh and Western countries have to take a detour around Africa to reach their destinations. This is causing an additional delay of at least 15 days for transporting goods from Asia, particularly China, to Europe 📌 Shipping company Maersk Line, based in Denmark, will be implementing a peak season surcharge (PSS) ranging from $700 to $1,400 on routes from South China, including Hong Kong, to Bangladesh beginning on 15 June 📌 Buyers from Europe and America are turning to countries where they can deliver goods in less time, such as Vietnam and Cambodia.

There were border closures which affected both the movement of people without proper visas and the transport of goods. However, trucking routes have reopened, alleviating the backlog that had accumulated. The port of Chittagong had also faced closures, causing significant congestion and delays in container handling. Reports indicated high utilisation, making it difficult to efficiently unload arriving ships. This congestion has led to a backlog of vessels waiting to dock, with reports suggesting around 50 vessels were affected as of last week. These issues are expected to improve as labour availability stabilises and operations normalise. “There has been considerable speculation about the potential impact on Bangladesh’s exports, particularly in the garment industry,” Judah Levin, Head of Research at Freightos explained. To learn more, read the article: https://lnkd.in/ezVDtKS4 Follow Air Cargo Week for exclusive articles, in-depth interviews, insightful discussions, and the latest news in the air cargo and logistics industry. ✅✈️📦 #aircargo #airfreight #supplychain #logistics

The courier and logistics sectors are crucial to Pakistan's growth. Long live Pakistan!

Logistics News Update | Mid-September 2024 Highlights | iKargos https://lnkd.in/gAVwK4eJ In this video, we cover the key logistics trends for the first half of September 2024. Topics include the surge in North American imports, the impact of Bangladesh port closures, and developments in South American shipping routes. Stay updated on how global supply chains are evolving amid strikes, political changes, and market shifts. Don’t miss out—watch now for the full breakdown! #iKargos #Logistics #LogisticsNews #GlobalTrade #ShippingTrends #SupplyChainUpdate #FreightMarket Rekha Atri Prashant Dwivedi Kapish Laur Manju Laur Aresh Goel SENTHILKUMAR PERIASWAMY

Did you know? In Bangladesh, the courier logistics industry faces a pressing issue of lower delivery charges for parcels despite higher operational costs. This poses a major challenge as it affects profitability and service quality. Finding solutions to this discrepancy is crucial for sustainable growth in the sector. #CourierLogistics #BangladeshBusiness #DeliveryChallenges #OperationalCosts #LogisticsSolutions

✈️🚢🚛 Multimodal logistics refers to the use of multiple modes of transportation—such as road, sea, and air—to efficiently and flexibly manage the movement of goods. 🌟 Key Benefits of Multimodal Logistics: - Efficiency: By combining different transport modes, we minimize transit times and streamline logistics operations. - Flexibility: Adaptability in choosing the most suitable routes and modes based on shipment requirements and market conditions. - Cost-effectiveness: Optimizing transport methods helps reduce overall shipping costs while maintaining service reliability. We choose best solutions for your shipments. Logistics by Eagles 🦅 Contact us 👇 📞 Tel: 02 790 4599 📩 E-mail: sales@eaglesthai.com 🌐 Website: www.eaglesthai.com 💚 Line: @eaglesthai #LogisticsByEagles #Eaglesairandsea #Eaglesthai #Thailand #GlobalLogistics #Logistics #Airfreight #Seafreight #Transport #Transportation #Multimodal