Latest news from Heavy Lift & Project Forwarding International Magazine

DHL forecasts solid growth

In its latest quarterly Global Trade Barometer, DHL has forecast solid positive growth for global trade within the next three months.

Launched in January 2018, the DHL Global Trade Barometer uses large amounts of logistics data to forecast demand for the next three months. In its second report, the barometer increased to 66 points, up from 64 points in January.

According to DHL, an index value above 50 signals solid positive growth for global trade, while the increase from the initial forecast in January indicates that growth is gaining momentum.

Compared to the findings in January, the improved global index is mainly driven by an increasingly positive outlook for South Korean and trade in the USA. In contrast, the prospects for German trade eased after the strong peak seen in 2017. 

India continues to show the highest index value of all seven countries for the overall trade predictions, while the UK, after a modest decline since January, scores the same level as China at the lower end of the country ranking.

The outlook for global airfreight, according to DHL, remains positive despite dropping slightly by one point compared to January. With 70 points, airfreight remains robust as air trade growth in China and the USA is expected to accelerate. 

Meanwhile, the outlook for global ocean trade improved to 63 points in March from 60 points in January. This growth is also driven by the USA and China, together with a strong increase in South Korea, offsetting a slightly reduced growth outlook for UK and German oceanfreight.

The DHL Global Barometer is published four times a year. The next release date is June 27, 2018.

 

www.dhl.com

Heavy Lift | News

Hareket calls on Enerpac for thermal project thumbnail image

Hareket calls on Enerpac for thermal project

June 24 - Hareket Heavy Lifting and Project Transportation has installed two sets of gas turbines and generators at the Takhiatash thermal power plant in Uzbekistan using an Enerpac SBL1100 telescopic hydraulic gantry.
Views: 203
DSV nominates Panalpina board members thumbnail image

DSV nominates Panalpina board members

June 21 - DSV has nominated Kurt K. Larsen, Thomas Plenborg, Jens Bjørn Andersen and Jens H. Lund for election to the Panalpina board of directors.
Views: 886
Mammoet in Core partnership thumbnail image

Mammoet in Core partnership

June 21 - Mammoet USA has partnered with Core Industries, the owner and operator of Theodore Industrial Port near Mobile, Alabama.
Views: 596

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.