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DHL Global Forwarding and Fraport AGhave broken ground on a new air freight center at Frankfurt Airport, according to a press release. The center — slated to open in mid-2025 and located in CargoCity South — will serve as the European headquarters for StarBroker, DHL’s in-house charter flight service provider. The new center will have 24.5k square meters of hall space with 54 gates and cross-docks, 3k square meters of office space, as well as parking for trucks and cars.
UK to let in some goods unchecked if overwhelmed by post-Brexit border controls: The UK will let in imported animal products from the EU without border checks if the country’s ports get overwhelmed by new post-Brexit border controls that come into force in April, The Financial Times reports, citing government contingency planning papers it has seen. Trade groups have expressed concern that newly introduced paperwork and physical checks on plant and animal products from Europe could disrupt supply chains and cause a shortage of consumer goods in the UK. “There is… a possibility that some [border control posts] — despite good planning — may not be able to complete 100% documentary checks before a consignment’s arrival in the GB,” the document stipulates.
The details: The UK’s post-Brexit border regulations require an export health certificate to be submitted at least 24 hours before products arrive. Goods will be automatically re-routed for physical inspection if they arrive before their documentation has been verified. The contingency planning document says that border control may not be able to perform the required checks by April, in which case the “automated clearance process” will be applied.
India is poised to be the world’s biggest driver of growth in oil demand between 2023 and 2030, Reuters reports, citing the International Energy Agency (IEA). India is expected to see an increase in oil demand of some 1.2 mn barrels per day (bbl/d) between 2023-2030, accounting for more than a third of the projected global increase of 3.2 mn bbl/d. India’s demand is forecasted to reach some 6.6 mn bbl/d in 2030, up from 5.5 mn bbl/d in 2023. The lion’s share of India’s demand for oil consumption is for use as diesel fuel, the newswire writes. The projection means that India, the world’s largest oil importer and consumer, will “narrowly” take the lead over China, whose growth is expected to slow before going into reverse, according to the IEA.
