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The New Silk Road: Have You Evaluated Your Freight Options?

TMC

According to The World Economic Forum (WEF), China hopes that the numerous transportation projects that fall under the new Silk Road umbrella will increase the value of the country’s cross-border trade by $2.5 It’s also important to have access to local expertise when evaluating ways to shift freight to the new Silk Road.

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The Silk Railway: freight train from China pulls up in Madrid

Global Trade Management

En route it passed through Kazakhstan, Russia, Belarus, Poland, Germany and France before arriving at the Abroñigal freight terminal in Madrid. It is also Spain’s third largest source of imports, after Germany and France. China is Spain’s biggest trading partner after the EU, with bilateral trade worth around £16bn.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. Kazakhstan in Tit for Tat Spat Over Russia Sanctions. The issues don’t stop there, however.

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Complex costs of transportation

Supply Chain Movement

10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. Deviations that occur during transportation execution are not necessarily approved immediately.

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

The new peak surcharges for FedEx Express parcel and freight services, effective March 7, 2022 , are as follows. Parcel and freight exports from Macau SAR, China to Europe, MEISA, some LAC countries 1 , and some APAC countries and territories 2 – Increasing $0.25 FedEx Express International Shipping Surcharges. per pound or $1.50