Skip to Content

Blog Archives

2024 UK Airfreight Outlook: Navigating New Normals with Milky Way Logistics’ Expertise

Airfreight Outlook: Navigating New Normals with Milky Way Logistics’ Expertise

Logistic Expands in Europe

As we look toward 2024, the UK air freight market is poised at an interesting crossroads, balancing between stability and emerging challenges. This period is marked by a return to what Xeneta, a prominent ocean and air freight rate benchmarking platform, describes as ‘classic seasonality’. However, this return is tempered by an expected subdued demand. The air freight demand in 2023, significantly impacted by the COVID-19 pandemic, showed a decrease of around 8% compared to pre-pandemic levels. Looking ahead to 2024, only a modest growth of 1-2% is anticipated, while supply is projected to grow by 2-4% during the same timeframe.

 

The pandemic’s influence led to considerable rate fluctuations within the industry. These rates have recently begun to stabilize but remain about 32% higher than pre-pandemic figures. This stabilization is expected to reintroduce more predictable seasonal patterns within the air freight market. However, a muted demand outlook persists, shaped largely by global uncertainties and conservative spending behaviours from consumers and businesses alike.

 

The air freight industry is also witnessing an increasing inclination toward longer-term contracts. This trend, while offering some stability, poses potential challenges for freight forwarders in 2024, particularly for those reliant on short-term spot market purchases. A notable example was seen in Vietnam, where an abrupt spike in rates led to difficulties for freight forwarders in fulfilling their contracted services, given that a majority of their volume was procured from the spot market.

 

In this evolving landscape, Milky Way Logistics, a UK-based freight forwarder, emerges as a key player with its exceptional airfreight services to global destinations. Known for their adaptability and customer-focused approach, Milky Way Logistics has been proactively addressing these market shifts. By offering both short-term flexibility and the security of longer-term contracts, they are well-positioned to navigate the complex dynamics of 2024’s air freight market. Their commitment to understanding and integrating into the ‘new normal’ of air freight ensures that they remain a reliable partner for businesses needing to transport goods internationally.

 

The Xeneta Outlook 2024 further underlines the growing importance of environmental sustainability and the need to improve schedule reliability, particularly in ocean freight shipping. This aspect of sustainability is a priority for Milky Way Logistics as well, which is committed to eco-friendly practices and enhancing the efficiency of their logistical operations.

 

Despite the cautious optimism that pervades the industry, there remains a consensus among air cargo executives that predicting the demand for 2024 is fraught with challenges. Geopolitical risks and the potential impact on passenger demand and cargo capacity are significant factors that add layers of unpredictability. Projections from WorldACD suggest a slight increase in demand for the first and second quarters of 2024, but the overall expectation is one of flat or slightly improved demand compared to the current year.

 

Milky Way Logistics, based in the heart of London City, in their strategic planning, is acutely aware of these factors. Their expertise in navigating complex logistical challenges positions them as a vital partner for businesses looking to manage their supply chain effectively in these uncertain times. With a keen eye on both current market trends and future projections, they offer tailored solutions that align with their clients’ unique needs, whether it’s managing risk in volatile markets or capitalizing on emerging opportunities.

 

As 2024 approaches, the air freight industry, including forward-thinking companies like Milky Way Logistics, must brace for potential volatility. This includes being prepared for ‘black swan’ events – unforeseen occurrences that could dramatically alter market dynamics. The industry’s interconnectedness with global events, such as climate-related disruptions or geopolitical conflicts, underscores the need for agility and adaptability in logistics planning and execution.

 

The outlook for the UK air freight market in 2024 is a tapestry of emerging trends, challenges, and opportunities. Forwarders like Milky Way Logistics, with their comprehensive services and global reach through their extensive reliable network, are essential to navigating this landscape. Their ability to blend flexibility with stability, all while focusing on sustainable practices, makes them a key player in a year that promises both growth and unpredictability in equal measure. As businesses and consumers alike adapt to this evolving market, the role of adept and responsive freight forwarders will be crucial in ensuring the smooth transportation of goods across international skies.

#UKAirFreight2024 #Airfreight #FreightForwarding #LogisticsTrends #AirCargoForecast #GlobalShipping #SupplyChainInnovation #SustainableLogistics #MilkyWayLogistics #FreightMarketInsights #TransportationSolutions

REQUEST A RATE

0 Continue Reading →

Finding the Best Freight Forwarder in the UK: Why MilkyWay Logistics London Tops the List 2024

Freight Forwarder in the UK

MilkyWay Logistics London Air Freight

Freight Forwarder in the UK

 

In the fast-paced world of global trade and commerce, businesses need reliable partners to ensure their goods reach their destinations promptly and safely. A freight forwarder stands as the linchpin in this process, bridging gaps, navigating challenges, and ensuring the smooth transit of goods. However, with numerous companies vying for attention, how does one select the right freight forwarder in the UK? Let’s delve deeper, with a spotlight on the unparalleled service offered by MilkyWay Logistics London.

 

What Is A Freight Forwarder?

 

Before we deep dive to services overview of the company, let’s define the role. A freight forwarder is essentially an intermediary between the shipper and transportation services. They handle various responsibilities including the arrangement of shipments, managing documentation, ensuring customs clearance, and offering storage. The objective is to move goods efficiently from one point to another, whether via air freight, sea freight, or ground transportation.

 

Key Aspects to Consider When Choosing A Freight Forwarder in the UK

 

  1. Experience: Years in operation often translate to expertise. It implies that the company has dealt with various scenarios, addressed myriad challenges, and understands the intricacies of the trade. With over 8 years of experience in shipping and freight forwarding, Milky Way Logistics London brings a wealth of knowledge to the table.

 

  1. Range of the company freight services: Does the forwarder offer comprehensive solutions tailored to your needs? Are air freightsea freight and road freight options available? Milky Way Logistics provides a full suite of services, ensuring your cargo gets to its destination using the best possible route.

 

  1. Network: A robust global network implies that the forwarder has established partnerships with carriers, agents, and other stakeholders. This network facilitates better rates, space allocations, and timely deliveries. Milky Way Logistics London boasts an extensive global network, enhancing its service efficiency.

 

  1. Reputation: Look for reviews, testimonials, and feedback. Positive word-of-mouth and recommendations often signal the credibility of a forwarder. Milky Way Logistics London, with its years in the business, has built a formidable reputation of reliability and excellence.

 

  1. Customs Clearance: A competent forwarder should be adept at customs procedures, ensuring that your consignments don’t get stuck at ports. With its expertise, MilkyWay Logistics ensures seamless customs clearance, minimizing potential delays.
UK-Forwarder-MWLL

UK-Forwarder-MWLL

Milky Way Logistics London – Synonymous with Reliability

 

Now that we have outlined the benchmarks for a reliable freight forwarder, for company freight services overview, it’s evident why MilkyWay Logistics London is the go-to choice for many businesses.

 

Custom-Tailored Solutions as Freight Forwarder in the UK:

Recognising that every business has unique needs, Milky Way Logistics offers bespoke solutions. Whether it’s a small consignment or a large shipment, the team is equipped to handle it with precision.

Import to UK

Import to UK

Expert Team:

With professionals who understand the intricacies of the freight industry, you’re assured of top-tier service. The team at Milky Way Logistics is trained to address challenges proactively, ensuring your consignments are always in safe hands.

Export From UK

Export From UK

Transparent Communication:

At Milky Way Logistics London, there’s a strong emphasis on keeping clients informed. Regular updates, tracking facilities, and prompt communication mean you’re always in the loop.

 

Competitive Rates:

With a vast network and strategic partnerships, MilkyWay Logistics offers competitive rates without compromising on service quality.

 

In Conclusion to Freight Forwarder in the UK 

 

When seeking a UK Freight Forwarder, remember the name – Milky Way Logistics LTD London and overview of the company freight. With a legacy of over 8 years, a wide array of services, and an unblemished reputation, they stand out as the premier choice. If you’re seeking efficiency, reliability, and expertise in the world of freight forwarding, look no further. Your journey towards seamless global trade begins with Milky Way Logistics London.

Car import to UK Air Freight

Car import to UK Air Freight

Please click on Link below to request rate :

REQUEST A RATE

 

#FreightForwarding #MilkyWayLogisticsLondon #UKFreight #GlobalTrade #CargoShipping #AirFreight #SeaFreight #LogisticsExpertise #CustomsClearance #ShippingSolutions #ReliableShipping #FreightNetwork #FreightServices #LondonLogistics #TradeAndCommerce #CargoHandling #CargoSafety #FreightIndustry #GlobalShipment #MilkyWayShipping #BestFreightForwarder #FreightPartners #CustomsExpertise #CargoTransit #FreightManagement #ShippingExpertise #LogisticsNetwork #FreightUpdates #ShippingLondon #MilkyWayServices Freight Forwarder in the UK

Air Freight

Export from the UK with MilkyWay Logistics Ltd

0 Continue Reading →

What to Look for in a No1 UK Forwarder: MilkyWay Logistics Ltd’s Comprehensive Solutions

In today’s fast-paced global market, finding the right freight forwarder in the UK can be a daunting task. With countless logistics companies offering a wide array of services, it’s essential to know precisely what to look for when selecting a partner to handle your shipping needs. In this post, we’ll discuss the key factors to consider when searching for the best UK forwarder and highlight how MilkyWay Logistics Ltd (MWLL) can provide the perfect solution with their extensive services, including air freight, sea freight, and road freight.

The Quest for the Best UK Forwarder

Choosing the right freight forwarder is crucial for the smooth operation of your supply chain and business success. Whether you’re an importer, exporter, or a business involved in international trade, here are some key aspects to consider when looking for a UK forwarder:

1. Experience and Expertise

First and foremost, look for a forwarder with a wealth of experience and expertise in the logistics industry. A company that has been in the business for several years is likely to have established strong relationships with carriers, customs agencies, and other essential players in the field.

MilkyWay Logistics Ltd boasts a rich history in the logistics industry, making them a trusted partner for all your freight forwarding needs. Their seasoned team has the expertise required to navigate the complexities of the shipping process, ensuring that your cargo reaches its destination safely and on time.

2. Comprehensive Service Offering

It’s vital to choose a forwarder that offers a wide range of services to cater to your specific shipping requirements. Look for a company that provides not only the mode of transportation you need but also value-added services such as warehousing, packaging, and custom clearance.

MWLL offers a diverse array of services, including:

– Transport of Packaged Goods

MilkyWay Logistics excels in handling the transportation of packaged goods, ensuring that your products are handled with the utmost care and attention throughout the shipping process. Their comprehensive service ensures the safe and timely delivery of your cargo to its destination.

– National Road Transport

For domestic shipping needs, MWLL offers national road transport solutions that are efficient, cost-effective, and reliable. Their extensive network and fleet of vehicles ensure that your goods are delivered across the UK with precision.

– Warehousing and Storage

MilkyWay Logistics provides secure and strategically located warehousing and storage solutions, allowing you to store your goods conveniently while awaiting shipment. Their facilities are equipped with the latest technology to manage inventory efficiently.

– All Forwarding Services

As a full-service forwarder, MWLL covers all aspects of forwarding, including documentation, customs clearance, and handling complex logistics. They have the knowledge and resources to navigate any challenges that may arise during the transportation process.

3. Global Reach

A reputable UK forwarder should have a global network of partners and agents, ensuring that they can handle shipments to and from a multitude of destinations worldwide. Their international presence is vital to address any cross-border logistics requirements efficiently.

MilkyWay Logistics Ltd extends its services to a wide range of international destinations, including key routes such as the UK to Qatar, Dubai, and Saudi Arabia. This global reach enables them to provide top-notch logistics solutions for your international trade needs.

4. Technology and Transparency

In the digital age, the importance of technology in logistics cannot be overstated. A forwarder should have a robust and transparent digital platform that allows you to track your shipments in real-time, access documentation, and communicate with their team seamlessly.

MWLL employs advanced technology and offers a user-friendly interface for tracking and managing your shipments. They prioritize transparency, ensuring that you’re always in the know about the status of your cargo.

MilkyWay Logistics Ltd’s Unparalleled Solutions

MilkyWay Logistics Ltd, also known as MWLL, is a leading freight forwarder based in London, dedicated to providing exceptional services to their clients. Their commitment to excellence and a wide array of service offerings sets them apart as a top choice for those seeking the best UK forwarder.

Air Freight

Air freight is an indispensable mode of transportation for time-sensitive and high-value shipments. MilkyWay Logistics Ltd offers a range of air freight solutions tailored to your specific needs. Their well-established relationships with major airlines ensure efficient and cost-effective transportation, allowing you to meet your delivery deadlines with ease.

One of their notable services includes Air Cargo from the UK to Qatar, Dubai, and Saudi Arabia. This particular route is crucial for many businesses engaged in international trade, and MWLL’s expertise in handling it is a testament to their global capabilities.

Sea Freight

Sea freight is the backbone of global trade, and MilkyWay Logistics Ltd understands the significance of this mode of transportation. They provide comprehensive sea freight services, including Full Container Load (FCL) and Less than Container Load (LCL) options. Whether you need to transport large quantities of goods or smaller consignments, MWLL has you covered.

Road Freight

Domestic and regional transportation within the UK is equally important, and MilkyWay Logistics Ltd excels in road freight services. Their well-maintained fleet of vehicles and skilled drivers ensure the efficient movement of goods, regardless of the size and nature of your cargo.

Customized Solutions

MWLL prides itself on offering tailored logistics solutions. They understand that each client has unique requirements, and they work closely with you to design a shipping strategy that aligns with your business objectives. Whether you need temperature-controlled storage, fragile cargo handling, or assistance with customs clearance, MWLL’s team is equipped to deliver the precise solution you need.

Conclusion

Choosing the best UK forwarder is a critical decision for your business. MilkyWay Logistics Ltd, with its wealth of experience, comprehensive service offerings, global reach, and dedication to technology and transparency, stands out as an exceptional choice. They provide a one-stop solution for all your logistics needs, from air freight to sea freight, road freight to warehousing and storage. Their international expertise, including Air Cargo to Qatar, Dubai, and Saudi Arabia, ensures that your global trade operations run smoothly and efficiently.

When you partner with MilkyWay Logistics Ltd, you gain a trusted ally in the world of logistics, capable of navigating the complexities of the supply chain and ensuring that your cargo reaches its destination securely and on time. Whether you’re an experienced importer/exporter or just getting started in international trade, MWLL’s commitment to excellence and personalized service will make your shipping experience a breeze.

#FreightForwarding #LogisticsSolutions #ShippingServices #UKForwarder #MilkyWayLogistics #AirFreight #SeaFreight #RoadFreight #Warehousing #CustomsClearance #GlobalShipping #InternationalTrade #SupplyChainManagement #CargoTransport #BusinessLogistics #MilkyWayLondon #AirCargoUK #QatarShipping #DubaiLogistics #SaudiArabiaFreight #BestUKForwarder #LogisticsExperts #GlobalTrade #ForwardingServices #ShippingSuccess

MilkyWay Logistics LTD – UK Forwarder

0 Continue Reading →

Less Data for Less Value Consignments

Less Data for Less Value Consignments

Less Date- Less Value

From January 1st 2021, there will be no VAT for goods of up to Euro 22 and to let the VAT be levied, ‎any imports to EU should be declared via an Electronic form by which any custom liabilities for ‎consignments of lower value (less than Euro 150), would be disappeared. ‎

Milky Way Logistics Ltd, draws your attention to the recent change in the delegated regulations by the Commission as reported by the British International Freight Association; following an amendment to the Union Custom Code Delegated regulation EU 2015/2446, it would be possible to declare goods of less value (up to 150 Euro) with much less information (almost one third) while doing the entry for custom declaration.

From January 1st 2021, there will be no VAT for goods of up to Euro 22 and to let the VAT be levied, any imports to EU should be declared via an Electronic form by which any custom liabilities for consignments of lower value (less than Euro 150), would be disappeared.

Therefore, the UCC delegated regulation has been amended by the Commission and as a result, less data on the lower value goods would be required for import’s declarations.

Milky Way Logistics continues support to customers about imports custom clearances.

Click here for The amendment to delegated Regulations that entering into force July 25th 2019.

0 Continue Reading →