Record shipping congestion on the North Sea

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Since the start of the Corona pandemic, global cargo ship traffic has been repeatedly thrown off track due to lockdowns. Following a strike by the workforce in North Sea ports, freighter congestion there is reaching record levels. by Dirk Mewis. The 48-hour port workers’ strike in mid-July caused the shipping congestion of container ships on […]

Waiting for the goods

Container_JITpay_Wartezeitern_Logistikkonzerne

Containers clog the seaports. The current labour disputes in the port of Hamburg and Antwerp are only one reason for the problems. And improvement is not in sight until next year. by Dirk Mewis Workers at Germany’s largest port in Hamburg were on warning strike the weekend before last. This is to emphasise the demands […]

Fuel discount fizzles out

Tanken_Tankrabatt_JITpay_JITfuel

For forwarding agencies and logistics companies, petrol and diesel are still very expensive. The fuel discount is not fully passed on to the customers by the corporations. by Dirk Mewis Fuel prices are rising and rising. According to the ADAC, diesel fuel cost an average of 2.054 euros per litre nationwide at the end of […]

Fuel for the container shipping profit explosion

containerschiff Hapag LLoyd JITpay™ Dividende

The shipping company Hapag Lloyd is increasing its dividend tenfold this year and distributing 6.2 billion euros to shareholders. The major shareholders, the city of Hamburg and the logistics group Kühne + Nagel, are profiting from the boom in the transport industry and exploding freight rates. by Dirk Mewis In view of the bubbling profits […]

Supply problems and inflation

JITpay delivery problems and inflation

Disrupted supply chains, expensive raw materials, production stoppages. Putin’s war is producing a dangerous mix of inflation and stagnation in our country, as it was last seen in the seventies. by Dirk Mewis After two years of pandemic, Germany and Europe are lurching into the next economic crisis. First came the military, then the energy […]

JITpay™ reaches the Baltic States

JITpay™ reaches the Baltic States In addition to Germany, Poland, the Netherlands and the Czech Republic, the financial service and billing provider JITpay™, which specialises in logistics, now also meets the regulatory requirements for Latvia, Lithuania as well as Slovakia and is available there with immediate effect. The FinTech from Germany, founded in 2016, continues […]

Digitalisation of logistics

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Empty shelves, sold-out petrol stations: What happened in the UK in autumn is also threatening Germany. At the same time, the just-in-time principle has massively changed the logistics industry. The digitalisation of logistics is becoming a survival factor. by Dirk Mewis The German Freight Forwarding and Logistics Association (DSLV) estimates that the industry is already […]