Newsletter – June 11, 2018
AIR FREIGHT UPDATES
Air cargo must adopt truly open modern standards and accelerate adoption
Inspired by The Loadstar’s recent interview with Lufthansa Cargo’s Alexis von Hoensbroech, the founder of Freightos, Zvi Schreiber, looks at which directions the air carrier market needs to evolve towards in order to keep the competitive tech edge. Read more here.
OCEAN FREIGHT UPDATES
ONE levies emergency bunker surcharges with varying rates
Japanese liner company ONE is following in the footsteps of Maersk, MSC and CMA CGM by introducing an emergency bunker cost Recovery surcharge (BRS) ranging from US$20 to $60 per TEU starting from July 1. Read more here.
Vietnam says ‘no’ to waste exports to ease port congestion
VIETNAM has banned the import of paper and plastic scrap mainly due to congestion at its main marine terminals brought about by waste exporters seeking new markets because of the Chinese ban on such goods. Read more here. VIETNAM has banned the import of paper and plastic scrap mainly due to congestion at its main marine terminals brought about by waste exporters seeking new markets because of the Chinese ban on such goods
The congestion and ban reflect the continuing struggles of US waste exporters to access new markets, as exports of the banned commodities fell 21.2 per cent in the first quarter to 229,662 TEU, according to PIERS.
GROUND AND RAIL FREIGHT UPDATES
B.C. trucking industry thriving, but desperately needs workers
Whistler, BC — B.C.’s trucking industry is facing a dire employment picture, with 10% of industry positions needing to be filled immediately. Read more here.
CN to invest $130 million in Manitoba
Winnipeg, MB — CN said it plans to invest approximately $130 million in Manitoba in 2018 to strengthen the company’s rail network across the province, including expansion of its primary rail yard in Winnipeg. Read more here.