Chinese New Year 2023: Impact on logistics

We are proud to announce that we are opening a new office in Shanghai, China, marking yet another important milestone in the continuous international expansion of our group.

Press release: Global Transport Solutions (GTS) acquires Cargo Holland

keyboard-arrow-right Newsroom Global Transport Solutions, a logistics service provider specialized in marine- and time-critical logistics, has acquired Cargo Holland, a freight forwarder specialized in air freight solutions located at Schiphol Airport, Netherlands. John Burgstra, co-CEO of GTS, commented on the transaction: “The acquisition further solidifies our presence in the Netherlands, by reinforcing our freight forwarding […]

Update on the Ukraine conflict

BGL is closely monitoring on developments concerning the situation in Ukraine. We will assist our customers as the conflict progresses in addressing any negative effects on their supply chains. BGL expects that the recent developments in Ukraine will impose significant operational and capacity limitations across all modes of transport on the entire region, including Russia.

Chinese New Year – Market Update IV

Due to recent COVID outbreaks and quarantine restrictions between China’s provinces, the demand for returning home is expected to be lower than in previous years. Some factories shut their production earlier to allow staff to travel to their home town with a sufficient quarantine period.

Chinese New Year – Market update III

Although the SCFI freight indicators on SHA-RTM continue to rise by around 3%, some of the major carriers are beginning to project market demand to soften after CNY.

Chinese New Year – Market update II

The Ningbo Beilun lockdown has been lifted during the week. The transportation situation is recovering quickly. This will relieve some of the pressure on the surrounding ports, like Shanghai.