UK Post appeal dismissed and had to pay £50 million fine
On June 17, The UK Supreme Court rejected the UK Post’s appeal against a £50 million fine imposed by Ofcom in 2018 for breaching competition law. ask. Previously, the British Post lost cases at the Competition Appeal Tribunal and the Court of Appeal.
The decision of the Supreme Court is final. UK Post must pay Ofcom a fine of £50 million, plus interest and related legal costs, which will be passed on to the UK Treasury.
In 2018, the British Post Office was fined 50 million pounds by Ofcom for serious breaches of competition law, abuse of its dominant position, and discrimination against competitors.
British postal wholesale customer Whistl complained to Ofcom, and Ofcom made a penalty decision after conducting an investigation. Whistl complained that UK Post made changes to its wholesale customer contracts in early 2014, including increasing wholesale prices.
At the time, Whistl was expanding its business to compete directly with the UK Post Office, delivering commercial letters (known as bulk mail) to addresses in certain parts of the UK, becoming the first company to challenge the UK Post Office's monopoly on delivery.
After being notified of these new prices, Whistl suspended plans to expand its delivery service to new areas.
Ofcom determined after an investigation that the actions of the British Post constituted anti-competitive discrimination against customers trying to deliver bulk mail.
Tesla was sued by former employees in the United States due to illegal "mass layoffs"
On June 20, Reuters news, 2 former Tesla employees filed a lawsuit against the American electric car company, accusing Tesla of " Mass layoffs" violate federal law by not notifying employees in advance of the layoffs.
The lawsuit was filed in Texas, US, on the evening of Sunday, June 19, by two workers who said they were fired from Tesla's Sparks Gigafactory in Nevada in June.
According to the complaint, more than 500 employees at the Nevada plant were laid off. The lawsuit alleges that Tesla failed to comply with federal law governing mass layoffs, and the federal Worker Adjustment and Retraining Notification Act requires 60 days' advance notice to employees.
They are allegedly seeking class action lawsuit status for all former Tesla employees across the United States who were fired without prior notice in May or June.
Tesla CEO Elon Musk, the world's richest man, said earlier this month he had a "super bad feeling" about the economy and that Tesla needed to cut jobs, according to an email seen by Reuters. About 10%.
More than 20 people claiming to be Tesla employees said they were fired, dismissed or suspended this month, according to online posts and interviews with Reuters.
Tesla did not comment on the number of layoffs and did not immediately respond to a request for comment on the lawsuit.
DHL supply chain department acquired Australian contract logistics provider Glen Cameron Group
On June 21, DHL official website announced that acquired 100% of Australian road freight and contract logistics provider Glen Cameron Group. This acquisition also made DHL Supply Chain Australia Branch a One of Australia's largest logistics companies, total revenue will exceed 1 billion Australian dollars (approximately 670 million euros).
Glen Cameron Group operates a fleet of 1,000 trucks and trailers and employs more than 820 people across Australia.
FedEx received the first batch of 150 electric trucks
On June 21, FedEx’s official website announced that it had received the first batch of 150 electric delivery vehicles from BrightDrop, a terminal distribution decarbonization technology startup company owned by General Motors.
This marks an important milestone in the decarbonization journey of FedEx, which plans to convert its entire parcel delivery fleet to an all-electric, zero-tailpipe emission fleet by 2040.
The first 150 BrightDrop Zevo 600 electric trucks were delivered to FedEx Express in Southern California, USA. Powered by GM's Ultium platform, the Zevo 600 is designed for end-of-line delivery and has an estimated range of up to 250 miles on a full charge.
FedEx will receive 2,500 Zevo 600 electric trucks in batches over several years.
The latest ranking of the top 25 global air freight forwarders, K+N replaced DHL at the top of the list
The latest 2021 statistics from consulting firm Armstrong & Associates show that Kuehne+Nagel (K+N) replaced DHL to become the world's largest air freight forwarder. , freight volume increased by 54.9% year-on-year, reaching 2.2 million tons.
The main reason for the substantial increase in air cargo volume is that the air cargo industry has rebounded strongly in 2021, and consumer demand has also been boosted. As the container shipping industry struggles with port congestion and container shortages, air transport is a popular option.
K+N Another reason for the huge growth is the acquisition of Apex Logistics, which was first integrated in May 2021 and accounts for about half of the growth. At the time of the acquisition, K+N said Apex handled approximately 750,000 tons of air cargo annually.
Compared with the 2020 top 25 list, the air cargo volume of the top 25 in 2021 increased by 19.2%, reaching 18.1 million tons.
K+N’s main competitor DSV lags far behind in growth, only 18.7%. In this regard, DSV explained that it was "affected by the suspension of Panalpina's business after the integration."
Research report: U.S. logistics costs soar in 2021
On June 21, the latest 33rd annual State of Logistics Report released by the trade group Committee on Supply Management Professionals (CSCMP) showed in part the U.S. commercial logistics system, which measures transportation, warehousing and support. Total logistics costs for ancillary services such as logistics and administration surged 22.4% in 2021, reaching nearly $1.85 trillion, equivalent to 8% of U.S. GDP, the highest level since 2008.
Spending on ocean freight services surged 23.6% in 2021, as ocean carriers took advantage of steep markups on international ocean routes to earn more revenue than in the past 20 years combined.
Spending on package delivery services increased 15.6%, a five-year compound growth rate of 11.4%, the highest of all cost components in the report.
Inventory holding costs surged 25% to $502 billion as warehouse demand surged and supply chain congestion led to a shortage of idle space. The capital cost of holding large inventories rose 33.4%.
Spending on all forms of road transport increased by 39.3% to $415.2 billion.
Combined with the major events that have already occurred in the first half of 2022, next year’s report will look significantly different from this year’s report. Consumer demand is already cooling after inflation rose and the impact of pandemic-related government stimulus faded, while rising interest rates will further cut spending.
Consumers who are worried about rising costs and the increasing possibility of economic recession will not spend as much this year as they did in the past two years. More service-related consumption, especially in travel and entertainment, will pick up, which will also cut down on goods consumption. Activity.
There are signs that ocean shipping supply and demand may be returning to some degree of balance, with the overall environment gradually becoming "more favorable for shippers."
While the demand for e-commerce and last-mile distribution will remain high, supply bottlenecks in this area will not be easily relaxed.
Higher borrowing costs will continue to drive up the cost of inventory stored in warehouses and distribution centers.
