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  • 17 February 2017

    AIR FREIGHT UPDATES
     
    Air Canada launches daily year-round flights from Montreal to Shanghai, China
    source: CanadianShipper
    MONTREAL, Que.– Air Canada is launching daily year-round flights from Montreal to Shanghai, China, the airline’s first direct service to Asia from Montreal, offering one-stop access to points throughout Quebec, Atlantic Canada and the United States. Read more here

    OCEAN FREIGHT UPDATES

    Work Stoppages Next Week at APM Terminals at Port of Gothenburg, Sweden
    source: CIFFA
    As part of an ongoing dispute between the Swedish Dockworkers' Union and APM Terminals at the Port of Gothenburg, there will strikes next week with total work stoppage.
    - Tuesday, February 21, from 1:00 to 5:00 pm
    - Tuesday, February 21, from 10:00 pm to Wednesday, February 22 at 2:00 am
    - Thursday, February 23, from 12:00 to 8:00 pm
    This action has been scheduled for some time, as part of a ban imposed by the union on new recruitment, overtime and the use of hourly paid contract workers during the evening and at night, between January 6 and February 28, unless the dispute is resolved before then. Other terminals at the Port of Gothenburg are currently not affected by the dispute.
     
    Funding allocated for Trois-Rivières port facilities expansion project
    source: CanadianShipper
    OTTAWA, Ont.–The Canadian Environmental Assessment Agency (the Agency) has allocated $83,985 in federal funds to three recipients to assist their participation in the federal environmental assessment of the proposed Trois-Rivières Port Facilities Expansion Project, located in Trois-Rivières, Quebec. Read more here 

    GROUND AND RAIL UPDATES

    Rail Service Interruptions Caused by Rock Slides and Washouts in B.C. Lower Mainland and Fraser Canyon
    source: CIFFA
    In a customer advisory sent on Thursday evening, CP noted that outages had occurred throughout the day in multiple locations along its routes due to rock slides and washouts in the lower mainland and through the Fraser Canyon. CP expected to resume normal operations on Thursday night.
     
    CP launches awareness campaign for inward-facing cameras
    source: CanadianShipper
    CALGARY, Alta.–Canadian Pacific has launched an awareness campaign that highlights what it calls the safety benefits of the proactive use of inward-facing cameras, and is urging the Minister of Transport to pass new legislation that would maximize these benefits. Read more here
     
    TSB wants strategies to reduce severity of dangerous goods derailments
    source: CanadianShipper
    SUDBURY, Ont.–The Transportation Safety Board of Canada (TSB) is issuing a recommendation (R17-01) calling for Transport Canada (TC) to develop strategies to reduce the severity of derailments involving dangerous goods. This recommendation was issued as part of its investigation (R15H0013) into the February 2015 derailment and fire involving a Canadian National Railway (CN) crude oil unit freight train near Gogama, Ontario. Read more here

    CANADA BUSINESS - GOVERNMENT UPDATES

    Canada’s U.K. Envoy Says Fast Post-Brexit Trade Deal Is Possible
    source: AJOT
    Canada and the U.K. should be able to strike a speedy trade deal after Britain leaves the European Union, Canadian envoy Janice Charette said. “My expectation is we’ll be able to arrive at something as quickly as the political leadership in both countries want it to happen,” Charette said on Thursday in a television interview with Channel 4 News. “Trade agreements will be easy to reach.” Read more here
     
    CBSA TCC17-030 -- Important Update on the CBSA eManifest Freight Forwarder Implementation
    source: CIFFA
    Over the past few months, the CBSA has worked closely with stakeholders to mitigate a number of the issues experienced through the submission of electronic house bills. On February 15, a CBSA system release occurred to address two such issues.
    1. Air and marine carriers were receiving false Risk Assessment (RA) Messages (Do Not Load) after the associated electronic house bill was accepted by the CBSA.  
    Solution -- The CBSA has modified systems to eliminate the triggering of false RA Notices.
    2. House Bill Close Messages (HBCM) were being rejected by the CBSA when an electronic house bill quoted the CCN (8000 CCN) as the HBCM's previous CCN and that electronic house bill was not on file with the CBSA at the time of the HBCM submission.
    Solution -- The CBSA had modified systems 

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES

    Forwarders Fight Back Against Rising Protectionism
    source: CIFFA
    FIATA has responded to the recent rise in nationalist and anti-globalization rhetoric by highlighting the value of free trade, trade facilitation, and trade development. In a paper published on Thursday, the association said: "With free trade increasingly challenged on several fronts in recent times and in the light of recent trends observed in U.S. trade policies (as well as in other countries), freight forwarders and logistics service providers have decided to speak up to reconvene (reinforce) the benefits of the open, liberal and global trading system which has been built in the last few decades and has ensured better living conditions to the vast majority of humanity. Economic globalization has sadly become the scapegoat to justify many internal shortcomings, but local and global problems are not caused by it." Read more here
     
    China foreign trade still faces big challenges despite strong Jan results
    source: CIFFA
    CHINA's foreign trade still faces downward pressure despite improvements in January, said Wang Dongtang, deputy director-general of the foreign trade department under the Ministry of Commerce. China's trade started this year with a strong rebound, with exports and imports both up significantly. Exports rose 15.9 per cent year on year in January, up from 0.6 percent in December, while imports increased 25.2 per cent, up from 10.8 per cent, according to customs data. Exports to the European Union, China's biggest trade partner, climbed 13.6 per cent year on year in January. Exports to its second-biggest trade partner, the United States, rose 17.2 per cent, and those to emerging economies also jumped. [Excerpted from Shippingazette]

  • 16 February 2017

    AIR FREIGHT UPDATES
     
    Port of Hamburg resumes growth course
    source: AJOT
    Container throughput achieves 1.0 percent advance in 2016/ Setting a record result for seaport-hinterland rail transport with 2.4 million TEU. In 2016 Germany’s largest universal port achieved a turnaround in seaborne cargo throughput, reaching a total 138.2 million tons in the general and bulk cargo segments. Read more here

    OCEAN FREIGHT UPDATES

    Four Reasons for Concern Buried in Last Week's Booming Jobs Report
    source: AJOT
    With Canada putting in its best six-month jobs performance in 15 years and on track for its best 12-month period on record, there appears to be reason to be optimistic about in Canada's job market. The country's unemployment rate dipped to 6.8 percent last month, as the economy added 48,000 jobs, Statistics Canada reported on February 10. Read  more here
     
    ECSA: No Room for Shipping in EU Emission Trading Scheme
    source: WorldMaritimeNews
    Following the proposal to revise the European Emission Trading Scheme (ETS) Directive, the European Community Shipowners’Associations (ECSA) argued today that shipping does not belong in the EU Emission Trading Scheme. Namely, a majority of Members of the European Parliament (MEPs) voted today to include shipping in the scheme as of 2023, if there is no comparable system operating in the International Maritime Organisation (IMO) in 2021. Read more here
     
    Bullish HMM announces new transpacific services and strives to 'rebuild trust'
    source: TheLoadStar
    As the transpacific contract season begins, restructured South Korean carrier Hyundai Merchant Marine (HMM) has announced plans for its US west coast service after it exits the G6 alliance in April. According to Alphaliner data, HMM will offer three Asia-USWC links, deploying 19 vessels of 6,300-6,800 teu, with a weekly capacity of some 19,000 teu. Read more here

    CANADA BUSINESS - GOVERNMENT UPDATES

    CBSA Message TCC17-029 -- Delays in Processing Some EDI and Portal Messages
    source: CIFFA
    The CBSA issued a message at 6:30 am on Wednesday to notify users of delays in processing some EDI and portal messages. The message indicated that there was a backlog in processing data at that time. An update at 7:00 pm stated that the problem had not yet been resolved. The CBSA clarified that it was unable to receive incoming data or send outbound messages, such as acknowledgements, reject messages and notices. Users were advised to refer to contingency procedures or be prepared to resume transmission once the system was working. 

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES

    European Parliament approves Canada-EU trade agreement
    source: CanadianShipper
    STRASBOURG, Fra.–The European Parliament in Strasbourg on Wednesday approved the Canada-EU trade agreement. Roughly 58 per cent of the members of the European Parliament (MEPs) voted to ratify the Comprehensive Economic and Trade Agreement (CETA), setting the stage for provisional application of nearly 90 per cent of the agreement later this spring, the CBC reported. Read more here
     
    Resolving Data Problems Could Improve Management of the C-TPAT Program: U.S. Government Accountability Office
    source: CIFFA
    Staff from U.S. Customs and Border Protection's (CBP) Customs-Trade Partnership Against Terrorism (C-TPAT) program have faced challenges in meeting C-TPAT security validation responsibilities because of problems with the functionality of the program's data management system (Portal 2.0). In particular, since the system was updated in August 2015, C-TPAT staff have identified instances in which the Portal 2.0 system incorrectly altered C-TPAT members' certification or security profile dates, requiring manual verification of member data and impairing the ability of C-TPAT security specialists to identify and complete required security validations in a timely and efficient manner. Read more here

  • 15 February 2017

    AIR FREIGHT UPDATES
     
    Urge To Surge Cargo Bounce Back 2017
    source: AirCargoNews
    The end of year shipment surge saw volumes climb globally and, despite a pricing stumble over New Year, the outlook is positive for 2017.“It was a stunning last quarter and December was a surprise for us all in terms of demand and pricing,” one leading air freight forwarder in Asia told FlyingTypers. “I think we’ll see seasonal fluctuations in Q1, but most of the PMIs and new export order figures are good for 2017 and that’s what customers are also telling us about their own businesses. Demand seems quite firm. So far, so good.” Read more here

    OCEAN FREIGHT UPDATES

    Four Reasons for Concern Buried in Last Week's Booming Jobs Report
    source: AJOT
    With Canada putting in its best six-month jobs performance in 15 years and on track for its best 12-month period on record, there appears to be reason to be optimistic about in Canada's job market. The country's unemployment rate dipped to 6.8 percent last month, as the economy added 48,000 jobs, Statistics Canada reported on February 10. Read  more here
     
    ECSA: No Room for Shipping in EU Emission Trading Scheme
    source: WorldMaritimeNews
    Following the proposal to revise the European Emission Trading Scheme (ETS) Directive, the European Community Shipowners’Associations (ECSA) argued today that shipping does not belong in the EU Emission Trading Scheme. Namely, a majority of Members of the European Parliament (MEPs) voted today to include shipping in the scheme as of 2023, if there is no comparable system operating in the International Maritime Organisation (IMO) in 2021. Read more here
     
    Bullish HMM announces new transpacific services and strives to 'rebuild trust'
    source: TheLoadStar
    As the transpacific contract season begins, restructured South Korean carrier Hyundai Merchant Marine (HMM) has announced plans for its US west coast service after it exits the G6 alliance in April. According to Alphaliner data, HMM will offer three Asia-USWC links, deploying 19 vessels of 6,300-6,800 teu, with a weekly capacity of some 19,000 teu. Read more here

    GROUND AND RAIL UPDATES

    Let the US Freight Rail Traffic Revival Begin
    source: MarketRealist
    Every week, the AAR (Association of American Railroads) publishes the North American freight rail data for the previous week. The latest is for the week ended February 4, 2017—the fifth week of the year. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES

    Despite Trump Talk of "Tweaking" NAFTA, Canada Could Still Be Hurt
    source: CIFFA
    Although U.S. President Donald Trump says he wants only to tweak trade ties with Canada, his pledge to renegotiate NAFTA to focus on Mexico is almost impossible and Canada will not emerge unscathed, Canadian officials and trade experts said on Tuesday. Read more here
     
    EU Preparing Legal Challenge against Donald Trump's U.S. Border Tax Plan
    source: CIFFA
    EU lawyers are preparing to mount a legal challenge against President Trump's hugely controversial U.S. border tax proposals in what could be the biggest case in World Trade Organization history. Mr Trump's proposed "border adjustment system" would see U.S. imports subjected to tax, while export revenues would be exempted. Read more here.

  • 14 February 2017

    AIR FREIGHT UPDATES
     
    Drewry: Hanjin Pain is Airfreight Gain
    source: PortTechnology
    Drewry's Container Insight Weekly has focused on how the logistical chaos caused by Hanjin’s bankruptcy helped boost airfreight rates, but it has found that there is limited statistical evidence of cargo switching modes. According to some of Drewry’s sources, airfreight benefited from the Korean company’s demise as some shippers were said to have shifted cargoes to the air. Read more here

    OCEAN FREIGHT UPDATES

    Container market ‘will balance in two years’
    source: LloydsLoadingList
    Hapag-Lloyd’s chief of operations in Canada has become the latest industry figurehead to point to light at the end of the tunnel for container shipping, but says it will be at least another two years before the market fundamentals are rebalanced and carriers start to regain their feet. Speaking during the opening session of the Cargo Logistics Conference in Vancouver, managing director of Hapag-Lloyd Canada Wolfgang Schoch said that he expected the market to reach an equilibrium in 2019, when demand growth finally started to outstrip supply. While he admitted that volume growth was still expected to be moderate at best, capacity would grow only marginally and scrapping would continue to close the gap between supply and demand.  [Excerpted from Lloyd’s List]
     
    Terminal Fragmentation: The Golden Jigsaw
    source: PortTechnology
    Neil Davidson, Senior Analyst (Ports & Terminals) with Drewry Maritime Research has written a new technical paper for Port Technology in which he offers fresh, pioneering insight into how to achieve optimal terminal efficiency via the analysis of terminal fragmentation.Davidson believes that the era of mega ships with their huge capacities has changed the nature of demand for terminals, thereby leading to fewer, larger terminals. Read more here
     
    2M beefs up east-west tradelane offerings ahead of new alliance launch
    source: TheLoadStar
    Seven weeks before two rival mega east-west alliances are set to launch, 2M alliance partners Maersk Line and MSC have launched an aggressive capacity hike on the two biggest tradelanes. On 1 April, the date for the launch of the new Ocean and THE alliance networks, 2M will introduce a new loop between Asia and North Europe [dubbed AE7 by Maersk] calling at Ningbo and Shanghai in China, TanjungPelepas, in Malaysia, and Rotterdam, Hamburg, Bremerhaven, Wilhelmshaven and Felixstowe in North Europe. And, on the same date, the 2M will launch a new transpacific service, which Maersk calls TP16, between Asia and the US east coast [via the Panama Canal], calling Hong Kong, Yantian, Shanghai and Busan in Asia, and Savannah, Norfolk, Charleston and Miami on the US east and Gulf coasts. After the announcement of a “strategic cooperation agreement” between the 2M and HMM in December, Maersk and MSC shippers expressed their concern that their cargo could be loaded onto HMM vessels, obliging the main carriers to give certain assurances. [Excerpted from the Loadstar]

    GROUND AND RAIL UPDATES

    Impact on Freight Forwarders of CN's Compliance with WACM Arrival Regulations
    source: CIFFA
    CIFFA received the following message from CN Rail yesterday, after several conversations last week in which the railway explained that employees are buried in paper and can no longer sort "arrived" from "un-arrived" paper. The enforcement by the CBSA of the "arrived" policy has created this unworkable situation, and the CBSA must find a policy solution. While forwarders are bearing the brunt of this decision in terms of work, Canadian importers -- who are paying hundreds of thousands of dollars for increased storage charges and freight forwarder overtime / administration charges -- are being harmed. Canadian consumers will pay the price with every purchase of an imported good. CIFFA is meeting today with CN and the CBSA, and again on Thursday with the CBSA, to attempt to remedy this intolerable and untenable situation. [Excerpted from CIFFA]

    CANADA BUSINESS - GOVERNMENT UPDATES

    Joint Statement from President Donald J. Trump and Prime Minister Justin Trudeau
    source: CIFFA
    President Trump and Prime Minister Trudeau held their first official meeting yesterday in Washington, D.C. and affirmed a commitment to close cooperation in addressing the challenges facing the two countries and problems around the world. The statement emphasized the shared economic interests of the two countries and the importance of building on the existing strong foundation for trade and investment to further deepen the relationship, with the common goal of strengthening the middle class. Read more here
     
    Columbus Statement on Canada-U.S. Relations Issued by Business Associations, Companies in Canada and the U.S.
    source: CIFFA
    A group of close to 40 leading Canada-U.S. business associations, companies and policy experts has issued a joint statement -- the Columbus Statement on U.S.-Canadian Relations -- that calls for Prime Minister Trudeau and President Trump to address innovation, expanded labour mobility, regulatory alignment, border security, trade and travel facilitation and cooperation, enhancing the role of states, provinces and municipalities, and the Canada-U.S. relationship in the global context. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES

    Trudeau-Trump jointly affirm confidence in Gordie Howe bridge project
    source: CanadianShipper
    WASHINGTON, D.C.–Prime Minister Justin Trudeau and U.S. President Donald Trump have created new confidence in the completion of the Gordie Howe International Bridge project. Read more here
     
    Brexit Bulletin: Can Britain Split the Difference?
    source: AJOT
    Back in October, the U.K. prime minister said she hoped her commitment to start the Brexit process by the end of March would prove enough for the European Union to engage in some “preparatory work” beforehand. “This is important,” she told the BBC. “It’s not just important for the U.K.; it’s important for Europe as a whole.” Read more here

  • 13 February 2017

    AIR FREIGHT UPDATES
     
    Trump Pledges Help to U.S. Airlines in Feud over Foreign Rivals' Alleged Aid
    source: CIFFA
    President Donald Trump told U.S. airlines he would help them compete with foreign carriers that are aided by their governments. 
    "A lot of that competition is subsidized by governments, big league," Trump said at a White House meeting last week with America's largest airlines, air freight companies and airports. "I've heard that complaint from different people in this room." Read more here

    OCEAN FREIGHT UPDATES

    Long Beach box volumes surge 8.7pc with renewed activity at Hanjin terminal
    source: Shippingazette
    CONTAINER throughput at the Port of Long Beach increased by 8.7 per cent in January to 582,689 TEU compared to the same month last year on the back of renewed activity at its largest terminal, combined with extra ships calling the port ahead of the Lunar New Year. Exports in January reached 118,234 TEU, while imports totalled 298,990 TEU, year-over-year increases of 10.8 per cent and 7.4 per cent, respectively. Meanwhile, empties being sent back to the Far East rose 9.6 per cent from January 2016 to 165,465 TEU, according to American Shipper. Port of Long Beach Interim chief executive Duane Kenagy said with new alliances beginning this spring, 2017 is expected to be a transition year for the industry. "Long Beach stands ready to provide a dependable harbour as carriers adjust to new services, while we continue upgrading our berths and rail network to speed their cargo inland," Mr Kenagy said. [Excerpted from Shippingazette]
     
    Maersk alarmed by US President Trump's talk of trade war with China
    source: Shippingazette
    "When the talks come to a potential trade war with China, we sit up and listen," CEO Soren Skou said in an interview, reported Bloomberg. "That would have a very negative effect on our business." Maersk expects the global shipping market to grow about two to four per cent this year, helping it raise its profit from freighting goods by at least US$1 billion. But a full-fledged trade war between the US and China could ultimately make a mockery of such forecasts. The problem with such strategies is that they often provoke retaliation. The Goldman analysts predict a Chinese response could shave as much as a quarter of a percentage point off US gross domestic product. In other words, the world's two largest economies would suffer significant trade-related losses that would undoubtedly have a knock-on effect across the globe. "The new administration in the US wants lower taxes and it's also planning huge investments in infrastructure," Mr Skou said. "And that will, without a doubt, mean more imports for the US, which is good for our business." [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES

    Snow Slides Affecting Rail Service in B.C.
    source: CIFFA
    In a customer advisory issued on February 10, CP Rail notified customers that snow slides in B.C. would cause delays of 48 to 72 hours for traffic moving through the area as well as to its interchange locations. 
     
    OTA, Indo-Canada Chamber of Commerce (ICCC) sign MoU
    source: CanadianShipper
    TORONTO, Ont.– The Indo-Canada Chamber of Commerce (ICCC) and the Ontario Trucking Association signed a memorandum of understanding (MoU) enabling both groups “to forge a mutually beneficial relationship for their respective members.” Read more here

    CANADA BUSINESS - GOVERNMENT UPDATES

    Canadian customs’ modernization efforts:  Three programs traders should know about
    source: AJOT
    The Canada Border Services Agency (CBSA) has introduced three major initiatives that could re-shape how trade is handled between the United States and Canada. The Canada Border Services Agency (CBSA) has introduced three major and ongoing initiatives in recent years. All of these are designed to make the agency’s operations more efficient and to promote security in trade between Canada and its partners. Read more here
     
    BCTA hires new Director of Policy
    source: CanadianShipper
    LANGLEY, B.C.–The BC Trucking Association (BCTA) announced that Cory Paterson will be joining its team as Director of Policy on Wednesday, February 22, 2017. Paterson will be responsible for, among other duties, advancing BCTA’s policy positions and the interests of its members with governments, the business community and key stakeholders. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES

    Post-TPP Talks Next Month in Chile: Canada Confirms Participation
    source: CIFFA
    Canada will join other signatories to the Trans-Pacific Partnership trade agreement when they meet next month in Chile to figure out how to proceed without the United States. Read more here
     
     

  • 10 February 2017

    OCEAN FREIGHT UPDATES

    Yang Ming raises US$54m in private share sale: report
    source: Shippingazette
    TAIWAN's Yang Ming Marine Transport Corp. has secured more than US$54 million via a private stock offering, according to multiple media reports. The reports cite a stock exchange release in which the Taiwanese ocean carrier said it has sold 161 million new shares to the state-run National Development Fund, Taiwan Navigation and a handful of unnamed institutional investors for a total of NTD 1.69 billion (US $54.4 million). Read more here.
     
    Maersk says sanity returning to shipping as freight rates gain
    source: BusinessTimes
    [BEIJING] The bankruptcy of South Korea's Hanjin Shipping Co and a consolidation in container shipping industry will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line. Read more here

    GROUND AND RAIL UPDATES
     
    Trump Renews Call to Mend ‘Obsolete’ Airports, Trains and Roads
    source: AJOT
    President Donald Trump renewed his focus on infrastructure improvement, using a meeting with airline bosses and airport managers to bemoan the country’s “obsolete” transportation system. Read more here

    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Justin Trudeau Travels to Europe Next Week to Mark EU's (Expected) Ratification of CETA Deal
    source: CIFFA
    Prime Minister Justin Trudeau will travel to Europe next week to mark an important milestone for the Comprehensive Economic and Trade Agreement between Canada (CETA) and the European Union. Trudeau begins his trip by addressing the European Parliament in France, on February 16, a day after the legislature is expected to hold a vote ratifying CETA. Read more here
     
    Canada Defends Bombardier Aid as Brazil Pushes WTO Challenge
    source: CIFFA
    Innovation Minister NavdeepBains said Canada's financial aid package for Bombardier Inc. is consistent with trade rules, as Brazil pushed for a hearing in front of the World Trade Organization on what it considers unfair subsidies. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    International air freight from Canberra primed for take-off
    source: SMH
    Canberra Airport's take-off as a major international freight hub would ease congestion in Sydney and deliver broad economic benefits, new modelling reveals. A report by Cadence Economics shows a maximum potential boost to the combined gross regional product of ACT and NSW of nearly $1200 million over 15 years and the creation of more than 540 jobs. Read more here

  • 9 February 2017

    AIR FREIGHT UPDATES
     
    UK and India to ease flight restrictions
    source: AirCargoNews
    The UK and India have today (February 9) agreed a deal to ease restrictions on the number of scheduled flights between the two countries. The move came on the back of what are described as “successful talks” in India this week, where UK aviation minister Lord Ahmad has been visiting. India’s cabinet minister of civil aviation, Pusapati Ashok Gajapathi Raju, also signed the agreement. Read more here
     
    Multimodal Champions Air Cargo Quality Initiatives and Welcomes Cargo IQ 
    source: E-MeanTimeComms
    London, UK, Thursday, 2nd February, 2017 - The Multimodal 2017 seminars will include a series of debates focused on air cargo challenges and opportunities, and the event will play host to a meeting of Cargo iQ’s Working Group. Read more here

    OCEAN FREIGHT UPDATES

    Heavy Snowfall Expected Today; NY/NJ Port Terminals Closed
    source: CIFFA
    Due to an impending snow storm, the Port Authority of NY & NJ announced on Wednesday that all container terminals, empty and chassis depots will be closed today. Free time will be extended for containers not already in demurrage. Per diems on containers and chassis will be handled in accordance with the Winter Weather Plan. Information about Friday's opening will be distributed this afternoon. Monday, February 13 is a state holiday in NY. 
     
    Spain Braces for Series of Port Strikes
    source: Splash247
    With Madrid pushing dramatic port reforms, dockworkers across the country have lined up strikes on February 20, 22 and 24.  Read more here
     
    Drewry: Improving demand to ease oversupply in dry bulk shipping
    source: AJOT 
    London, UK - With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry. Read more here
     
    Draw for lucrative part-time jobs at LA/LB ports is on again
    source: Shippingazette
    A LOTTERY for coveted part-time dockers' jobs at the Los Angeles and Long Beach ports has restarted after it was abruptly suspended on Monday when union officials pulled out of the process. Officials from the ILWU representing local port workers were not available for comment, the Long Beach Press Telegram reported. Tens of thousands of hopefuls submitted their names for the drawing, which will guarantee winners a freelance job as a "casual" longshore worker and the possibility of becoming a full-time union member raking in more than US$100,000 a year. Although he declined to specify what those issues were, he said they were serious and "presented by the union and summarily rejected by the PMA". [Excerpted from Shippingazette]

    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Reimagining Canada's Approach to International Trade -- Senate Committee on Foreign Affairs and International Trade
    source: CIFFA
    In a report released this week, Free Trade Agreements: A Tool for Economic Prosperity, the Senate Committee on Foreign Affairs and International Trade makes nine recommendations to increase public involvement and parliamentary oversight of Canada's free trade agreements and to establish standards by which the success of an agreement would be measured. Read more here
     
    Canada Posts Second Consecutive Trade Surplus, First Time Since September 2014
    source: CIFFA
    Canada posted back-to-back monthly trade surpluses for the first time since September 2014, boosted by higher prices for exports of oil and natural gas in December, Statistics Canada said on Tuesday. But the gain in energy prices hid some troubling weakness in non-energy exports, economists said. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    PRESS RELEASE 1702 -  India - New Service Tax Rules
    source: FIATA
     The Indian Government Ministry of Finance has recently notified further amendments to its Service Tax Rules 1994 – referring to amendments initially announced with notification No. 30/2012 – Service Tax. These amendments are referred to as the “Service Tax (Amendment) Rules, 2017” and came into force on 22 January 2017 – only 10 days after publication and with too little time for the trade to react and deal with any changes.  Read more here

  • 8 February 2017

    AIR FREIGHT UPDATES
     
    Seven reasons why air cargo needs this new global trade deal
    source: AirCargoEye
    Political uncertainty and poorly performing global trade are a toxic combination for the airfreight industry. The two interconnected trends are a migraine for airfreight decision-makers tasked with arresting declining profit margins, writes Thelma Etim. Since air cargo managers have no crystal ball window into the political and economic future of global economies, they are guided instead by a sea of analysis proffered by so-called expert forecasters and consultants, a source which has not always proven to be dependable. Read more here

    OCEAN FREIGHT UPDATES

    Maersk first line to settle Russian anti-competition case sparked by 'illegal' GRIs
    source: The Loadstar
    Maersk Line has agreed to pay $230,000 to settle a four-year competition case with Russia’s Federal Antimonopoly Service (FAS), which had accused the carrier of anti-competitive behaviour. The carrier will also cease public price announcements in Russia. The FAS accused Maersk, along with CMA CGM, Hyundai Merchant Marine, OOCL and Evergreen, of using general rate increase announcements (GRIs) to coordinate surcharges on tradelanes between Russia and the Far East and South-east Asia. Under the settlement, Maersk Line will now supply customers with price information for Russia-specific corridors via email or a password-protected webpage. The $12m fine is cancelled. In July, 14 container lines were found by the European Commission not to have breached EU competition law by communicating GRIs. However, the carriers agreed to “stop publishing and communicating GRIs” to mitigate further concerns of “price signalling”. Instead, the carriers agreed to publish all-inclusive maximum freight rates – but not more than 31 days before the implementation date – and are bound by these freight all kinds (FAK) rates as maximum prices during the validity period, but are still able to quote lower rates. [Excerpted from The Loadstar]
     
    Seaway Fees to Increase in 2017
    source: CIFFA
    The St. Lawrence Seaway Management Corporation (SLSMC) announced a rate increase of two percent for the 2017 navigation season. The new fees apply to both tolls and wharfage and storage charges. Read more here
     
    KDB: Ten Hanjin Ships Up for Grabs
    source: WorldMaritimeNews
    The state-run Korea Development Bank (KDB), the main creditor of the former South Korean shipping giant Hanjin Shipping, has launched sales proceedings for ten Hanjin ships, Yonhap News Agency cited industry sources. Read more here
     
    Spanish Dockworkers to Face Massive Layoffs?
    source: WorldMaritimeNews
    At least 6,500 Spanish dockworkers could be laid off according to the recently announced plan by the country’s Minister of Public Works to reform the port system. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Is the supplier-retailer relationship at breaking point?
    source: The Loadstar
    Drapers examines the growing tensions between the leading lights of high street retailers and their suppliers, with the former squeezing supplier margins in the face of growing cost pressures.  Read more here.  
     
    WTO rules against Russia in dispute with EU over duties on LCVs
    source: Shippingazette
    A PANEL of the World Trade Organisation (WTO) has declared as illegal the Russian anti-dumping duties that hinder exports of Italian and German light commercial vehicles (LCVs). The panel's findings remind Russia that its international obligations cannot be ignored, the American Journal of Transportation reported. The panel agreed with the EU on all procedural claims and recognised several problems with the analysis by Russia that led to the introduction of duties. The parties have 60 days to appeal the decision. Otherwise, Russia will be expected to remove its anti-dumping duties on LCVs from the EU. The anti-dumping duties on light commercial vehicles, introduced in May of 2013, target imports from Germany, Italy and Turkey. [Excerpted from Shippingazette]
     
    EU and Mexico to hold more talks on new FTA
    source: Shippingazette
    THE European Union and Mexico are to hold two additional negotiating rounds before the summer as part of an accelerated negotiation schedule for a new, reformed Free Trade Agreement. In a joint statement, Commissioner Malmstrom and Minister of Economy Guajardo said: "We will take our trade relations fully into the 21st Century. We will be able to boost growth, making our firms more competitive and widening choices for consumers while creating jobs. Together, we are witnessing the worrying rise of protectionism around the world. Side by side, as like-minded partners, we must now stand up for the idea of global, open cooperation. We are already well underway in our joint efforts to deepen openness to trade on both sides. Now, we will accelerate the pace of these talks in order to reap the benefits sooner." [Excerpted from Shippingazette]

  • 7 February 2017

    AIR FREIGHT UPDATES
     
    Pharma firms continue drive to seafreight
    source: AirCargoNews
    Pharma shippers are likely to continue to try to move away from a reliance on airfreight but will also look to outsource more of their supply chain operations.
    Speaking at the Temperature Controlled Logistics event in London, pharmaceutical company Teva’s senior director, logistics Europe, Val Petursson, said that he viewed using airfreight, rather than less expensive seafreight, as a mistake in most cases. Read more here

    OCEAN FREIGHT UPDATES

    Drewry launches credit research services for the maritime sector
    source: AJOT 
    London, UK - Drewry Financial Research Services Ltd., the investment research arm of global shipping consultancy Drewry, is pleased to announce the launch of a new credit research service on the global maritime sector. Read more here
     
    LA, Long Beach fear Trump's trade policies will adversely affect ports
    source: Shippingazette
    US President Donald Trump's trade policies are adding to the uncertainties faced by authorities at the ports of Los Angeles and Long Beach. Mr Trump also has vowed to introduce a "major border tax" on companies that move jobs outside of the United States. He has also signalled a more aggressive trade policy with China, a major importer at the two ports, reported Long Beach Press Telegram. Officials at both ports have plenty of issues to keep them busy, from reducing pollution to upgrading facilities to cutting congestion in and out of the ports on the surrounding roads. [Excerpted from Shippingazette]
     
    Additional cranes installed at Incheon New Port
    source: Shippingazette
    INCHEON Port Authority (IPA) has announced that the work of opening the 1.6km long berth to Incheon New Port is accelerating with the installation of yard crane and quay crane. The other terminal operating company (TOC) at Incheon New Port, HanJin Incheon Container Terminal(HJIT), will also install 2 rail mounted quayside cranes (RMQCs) that can unload 22 line containers until next month. By installing 1 RMQC until the end of this month and 1 RMQC in February, HJIT expects to boost the efficiency of cargo handling service dramatically. Totally, HJIT will secure 7 RMQC. [Excerpted from Shippingazette]

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Five Potential Problems With Trump’s Public Works Plan
    source: AJOT
    The tensions between President Donald Trump and House Republicans over whether to enact a massive infrastructure bill have slipped from the news a bit, but we should expect that debate to re-emerge this spring and summer. In the meanwhile, while the topic is temporarily off the front pages, we have time to examine what should and shouldn’t happen—which is why I’m excited to participate in a conference that the Hamilton Project is holding on infrastructure today in Washington. Read more here
     
    China's Factories Don't Fear Trump
    source: CIFFA
    U.S. President Donald Trump hopes to get companies to move their manufacturing operations back home and create jobs in American factories. It won't work. In fact, it's likely to hurt the very voters he's promised to protect. Read more here

  • 6 February 2017

    AIR FREIGHT UPDATES
     
    Air Canada Cargo Expands Service To and From Vancouver, Starting in June
    source: CIFFA
    Starting in June, new destinations and routes for Air Canada Cargo will provide more flights and capacity to and from Vancouver. Read more here
     
    AF/KL Cargo Customer Service Centralized in Montreal
    source: CIFFA
    Effective April 10, AF/KL Cargo Customer Service for Canada will be regionalized in Montreal. This change will allow the company to provide customers with extended hours of service.
    Contact information:
    Phone: 1 888 OK AF KLM (652-3556)
    Email: Customerservice.Canada@afklcargo.com 
     
    Canadian airports launch partnership campaign on privatization
    source: CanadianShipper
    CALGARY, Alta., OTTAWA, Ont. and VANCOUVER, B.C.–Calgary, Ottawa and Vancouver international airports unveiled a new website that highlights the risks of selling Canadian airports to private investors. Read more here

    OCEAN FREIGHT UPDATES

    FIATA Criticizes India's New Freight Tax Rules
    source: CIFFA
    FIATA has criticized new service tax rules introduced with insufficient notice in India this month, arguing that the 4.5% import freight charges should be collected at destination in India from consignees rather than by international forwarders or shippers. Read more here
     
    Britain's Newest Shipping Terminal Suffers Sinkhole
    source: CIFFA
    A sinkhole has opened on the berth at Liverpool2, the newest shipping terminal in Britain, opened in November 2016. An investigation is underway to determine the cause of the collapse. Read more here
     
    Cancelled post-Chinese New Year capacity up 50pc in transpacific trades
    source: Shippingazette
    Cancelled sailings - or rather the tonnage they represent - in the fortnight after Chinese New Year on the China-to-North America run increased 50 per cent year on year with 188,592 TEU being withdrawn, according to BlueWater Reporting. Although the number of blanked sailings was the same, it is clear that larger containerships are scheduled to be withdrawn during, and post-Chinese New Year 2017. Also this year, Chinese New Year fell on January 28, with blanked sailings most prominent between January 29 and February 12. In 2016, the holiday landed on February 8, with blanked sailings mostly occurring between February 7 and February 20. [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES

    Charleston port extends gate hours after ILA automation slowdown
    source: Shippingazette
    THE South Carolina Ports Authority (SCPA) is extending gate hours at the Wando Welch Terminal and North Charleston Terminal last Saturday, as well as Monday and Tuesday. "Truckers and other customers are encouraged to take advantage of the extended hours to assist with the movement of cargo," said the port authority. Last week automation appeared to spark an International Longshoremen's Association (ILA) slowdown that brought the terminal to a "stand still". Thus, the gates were opened for dry boxes from 6am to 3pm and open today Monday 6am to 8pm and on Tuesday from 6am to 8pm. [Excerpted from Shippingazette]


    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Arctic shipping progress focus of Montreal conference March 8-9
    source: Shippingazette
    THE 10th Arctic Shipping Summit will take place on March 8 - 9 in Montreal where delegates will learn more about conditions from Neil O'Rourke, director of integrated logistic support of the Canadian Coast Guard. Other speakers and panellists include Halldor Johannsson, executive director, Arctic Portal; George Schlagintweit, manager-operations division, Canadian Hydrographic Service; Mikaa Mered, managing partner, POLARISK Group and Peter Pamel, partner, Borden Ladner Gervais. Key topics include advancements on coastal state regulations, adoption and requirements connecting to the Polar Code, developments of operational matters within the Arctic, commercial shipping activity in Arctic regions among others. [Excerpted from Shippingazette]

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Trump Pick for China Ambassador Sees "Win-Win" Boost to Trade Ties
    source: CIFFA
    U.S. President Donald Trump's pick for ambassador to China, Terry Branstad, said he would help increase trade in a "win-win" for both countries, Chinese state media reported, amid concerns over protectionist talk from the new U.S. administration. Branstad, currently the governor of Iowa, said he would help to work out differences and that there was immense potential for more Chinese investment in the United States. Read more here
     
    U.S. Tax Plan Would Break WTO Rules, Lawyers Say
    source: CIFFA
    A proposed U.S. corporate tax reform would almost certainly contravene international trade rules if implemented, lawyers told Reuters, risking the biggest dispute in the history of the World Trade Organization. Read more here

  • 3 February 2017

    GROUND AND RAIL UPDATES

    Behind the Scenes at The Floating Freight Rail Line That Crosses the Hudson River in NYC
    source: UntappedCities
    Just south of the Brooklyn Army Terminal in Sunset Park is one of New York City’s infrastructure survivors: a floating barge freight train line that runs from the 65th Street Rail Yard to the Greenville Yard in Jersey City across the Hudson River. The New York New Jersey Rail, founded in 2005, is operated now by the Port Authority of New York and New Jersey. Although the line is only four miles long, it serves as a small, but growing critical link for freight in the New York region, and cements the city’s commitment to bringing industry back to the waterfront. Read more here

    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Forwarders face fines, angry shippers via Canada Customs filing error
    source: Shippingazette
    THE Canadian International Freight Forwarders Association (CIFFA) has issued an urgent warning against filing eHBL [electronic house bill of lading] on back-to-back shipments because the liability is too great. "If you have containers that are already inbound on an eHBL filing, be vigilant," said the CIFFA website warning.  "Until the CBSA [Canadian Border Services Agency] comes up with a solution to ensure cargo moves securely, don"t file eHBL for single shipments. It is too risky," said CIIFA. "The problem is that a container can get delivered before it is released from customs. This can happen to air freight shipments, but containers are far riskier. A container of fireworks was loaded in China, headed for Canada, said CIFFA. The Chinese non-bonded foreign forwarder filed eHBL data under its 8000 carrier code, without advising the Canadian consignee forwarder that he had done so. "The essential issue is that terminals update their systems from the automatic EDI D4 Deconsolidation Notice - or from the validated paper, as per, as "released" or "re-manifested". Drivers can then pick up the container ?which may or may not be acquitted," said the CIFFA statement. [Excerpted from Shippingazette]

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
     
    Will Trump's Take on Trade Be Boost or Bust for Fleets?
    source: CIFFA
    The North American trucking industry has benefited greatly from various free trade agreements, notably the North American Free Trade Agreement (NAFTA). Last summer, the U.S. Department of Transportation reported that cross-border trade generated by NAFTA was worth $89 billion to the trucking industry. Read more here
     
    U.S. Businesses Roll Out Coalition to Support Border Tax
    source: CIFFA
    A group of more than 25 businesses launched a coalition on Thursday that supports House Republicans' tax-reform blueprint, including a provision in it to tax imports and exempt exports. The American Made Coalition views the "border-adjustment" provision as a way to improve the business environment for U.S. manufacturing, according to a news release from the group. Read more here
     
    Flash forward 10 years: What would green, sustainable freight transportation look like
    source: HellenicShippingNews
    Freightera, the Expedia-like freight shipping marketplace, continues to work on its mission to transform freight transportation from a large polluter to clean and sustainable industry. Freightera customers will soon be able to choose their freight carriers not just by traditional and mission-critical price and shipping time, but by lower emission option as well. Freightera is making partnerships to feature lower emission carriers and all major North American rail companies in its platform. Rail is currently the least polluting option for long haul freight. Read more here

  • 2 February 2017

    AIR FREIGHT UPDATES
     
    Strong December Lifts 2016 Air Freight Demand - IATA
    source: AirWise
    Global demand for air freight jumped 9.8 percent in December, with Europe seeing particularly strong growth. Read more here
     
    CHEP gets a new name and image
    source: AirCargoNews
    ULD firm CHEP Aerospace Solutions will in the future go under the name Unilode Aviation Solutions following the company's acquisition by EQT Infrastructure in November 2016.  Read more here

    OCEAN FREIGHT UPDATES

    MSC and HMM Complete Takeover of Hanjin’s US Terminals
    source: Splash247
    Temrinal Investment Limited (TIL) a subsidiary of Mediterranean Shipping Company (MS), today confirmed the acquisition of Hanjin’s interests in Total Terminals International, a firm with interests in two US  west coast ports.  Read more here.  
     
    Efforts at Fraser Surrey Docks to Combat Potential Temporary Increase in Truck Congestion
    source: CIFFA
    Fraser Surrey Docks (FSD) has partnered with CN Rail in a temporary project that takes effect immediately. This project may result in an increase in truck traffic going though Timberland Road in the next couple of months. To combat the potential increase in truck congestion, FSD has installed a "speed gate" to quickly move trucks in and out of the property and to limit the amount of time trucks are spending on Timberland Road. Flaggers will ensure people's safety and help with the flow of traffic. 
     
    Shipping Market Conditions Put Pressure on Japan's Big Three
    source: CIFFA
    Challenging market conditions in the container shipping industry continued to add pressure to Japan's three major shipping companies, leading to more losses in the first nine months of fiscal year 2016 ended December 31. Of the three major shipping lines, Nippon Yusen Kabushiki Kaisha (NYK Line) reported the largest net loss for the nine-month period, which amounted to JPY 226 billion (USD 1.98 billion), compared with a net profit of JPY 22.8 billion seen in the same period a year earlier. The result was largely due to an extraordinary loss of some JPY 200 billion comprising an impairment loss and provision for losses related to contracts associated with container ships and dry bulkers. Read more here
     
    Singapore to discuss Trans-Pacific Partnership with partners after US quits
    source: Shippingazette
    SINGAPORE's Ministry of Trade and Industry (MTI) has declared that the island state is still committed to "pursuing a rules-based trading system and greater regional integration", with the intension of discussing the way forwards with the other Trans-Pacific Partnership members now that the United States has formally withdrawn from the 12-nation TPP. he TPP agreement cannot come into effect without the US, said the Ministry of Trade and Industry (MTI) after US President Donald Trump withdrew from the pact, reported Singapore's TODAY.  Singapore has actively backed the TPP, but analysts have noted that its demise will not be a significant blow to the Singapore economy and the Republic could, in fact, enhance its status as a trade link between the US and Asia as a result. [Excerpted from Shippingazette]
     
    Drewry sees ports and terminal rationalisation best way going forward
    source: Shippingazette
    PORT and terminal rationalistion is the "only long-term answer" to deal with the effects of fewer mega ship calls that bring bigger box exchanges, says London's Drewry Maritime Research. In Drewry's Terminal Operators Annual Review, Mr Davidson said disruption at container terminals since the introduction of mega ships was "starting to level off", and he thought the "ceiling" had been reached on the size of newbuilds at around 20,000 TEU. Commented one APMT man: "These larger vessels and larger alliances create pressure on port space and productivity at a time when few port operators are prepared to invest hundreds of millions in new ports and port upgrades." [Excerpted from Shippingazette]

    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Canadian manufacturers report strong start to 2017
    source: CanadianShipper
    OXON, U.K.–Canadian manufacturers reported a strong start to 2017, with business conditions improving at the fastest pace for just over two years. The upturn reflected robust rates of output and new order growth in January, alongside a sustained rise in staffing levels. Looking ahead, around 41% of the survey panel anticipate an increase in production volumes over the next 12 months, while only 6% forecast a reduction. As a result, this signalled one of the most upbeat expectations for output growth since early-2014, said the report. Read more here

  • 1 February 2017

    AIR FREIGHT UPDATES
     
    Air Canada Adds Iceland to Growing International Network for Summer 2017
    source: AJOT
    MONTREAL - Air Canada announced today it will launch daily summer seasonal service from Canada to Reykjavik, Iceland. Read more here
     
    Calgary International Airport Cargo Volumes Grow Again in 2016
    source: CIFFA
    Calgary International Airport (YYC) cargo volumes grew to a record 137,255 tonnes in 2016, an increase of 1.7 percent over the previous year. The airport opened a new international terminal in October 2016, and a new 100,000-square-foot specialized cargo facility in November. Read more here
     
    Lufthansa, Pilots Pay Talks Fail
    source: AirWise
    Talks between Lufthansa and pilot union Vereinigung Cockpit have ended without agreement. Read more here
     
    All BA Passengers To Fly Despite February 5-7 Strike
    source: AirWise
    British Airways said that all passengers will be able to fly to their destinations on February 5, 6 and 7, despite a strike by its mixed fleet cabin crew. Read more here
     
    Netherlands Ends US Pre-Clearance Talks
    source: AirWise
    The Dutch government has ended talks with the United States over passenger pre-clearance at Amsterdam’s Schiphol Airport. Read more here

    OCEAN FREIGHT UPDATES

    Port of Long Beach on track for green future after challenging year
    source: Shippingazette
    AFTER undergoing major modernisation projects across the harbour, the Port of Long Beach enters 2017 in excellent financial health, an industry-leading record of environmental progress, and a strong commitment to working with the city and neighbours. Board of Harbour Commissioners president Lori Ann Guzman set the stage for the address laying out the port's goals in 2017 for increasing sustainability, financial strength and market share. nterim chief executive Duane Kenagy noted that last year the port hosted the christening of the biggest vessel to visit North America, opened the first phase of the highly advanced Pier E terminal, and constructed the early stages of the massive span that will eventually replace the Gerald Desmond Bridge. "We saw mergers, changing alliances, and even bankruptcies, and now we face uncertain trade policies. It is clear - only the most efficient and strongest will survive," Mr Kenagy said. [Excerpted from Shippingazette]

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Trump Comments Knock U.S. Dollar to 2017 Lows, Clip Stocks
    source: CIFFA
    The U.S. dollar headed for its worst start to a year in over a decade on Tuesday, while stocks cemented their biggest losses in six weeks as U.S. President Donald Trump added uncertainty to the market following stringent curbs on travel to the United States. Read more here
     
    Executive Order to Reduce Federal Regulations Could Affect Trade
    source: CIFFA
    President Trump issued an executive order on January 30 to reduce federal regulation, which could impact the trade community. This order appears to be part of Trump's avowed goal of eliminating "a little more than 75 percent" of existing regulations. Read more here

  • 31 January 2017

    OCEAN FREIGHT UPDATES
     
    Confusion Surrounds Carriers' Notices on Indian Tax on Prepaid Ocean Freight
    source: CIFFA
    Several ocean carriers in North America and Europe have issued notices related to a new tax on "prepaid ocean freight services" to India. There is considerable confusion on whether or not a carrier could collect an Indian government tax from a foreign origin shipper on prepaid freight. And there is considerable confusion on how this might impact various terms of sale such as the "C" terms, where prepaid ocean freight charges are presumptively included in the cost of the goods. CIFFA has reached out to FIATA for clarification and will inform membership as we learn more. Read more here
     
    Hanjin parent may be liable as port of New York pension fund joins debtor queue
    source: TheLoadStar
    As debt claims against bankrupt South Korean carrier Hanjin Shipping continue to mount in both the US and South Korea, details of the human cost of the company’s collapse have begun to emerge.  Read more here.   
     
    Major Japanese container shipping lines in freefall
    source: TheLoadStar
    Japan’s big-three shipping lines recorded dire performances for the nine months to January, with Nippon Yusen Kaisha (NYK) grabbing the headlines with a $1.99bn loss. Read more here

    GROUND AND RAIL UPDATES

    Keith Creel becomes CEO of Canadian Pacific
    source: CanadianShipper
    CALGARY, Alta.– Canadian Pacific Railway Limited announced that Keith Creel has assumed his new role as president and chief executive officer, becoming the 17th person to lead the company since 1881. Read more here.  
     
    AMTA Believes Alberta's New Carbon Tax Will Have Significant Impact on Trucking Industry 
    source: CIFFA
    The Alberta Motor Transport Association (AMTA) says the province's new carbon tax levy, implemented as of January 1, was badly timed because of the downturn in the economy. With some of its members having had to close, lay off staff or endure salary rollbacks during Alberta's approximate two-year downturn, the association says a carbon tax is bad for the industry right now. Read more here
     
    Ontario Expands LCV Program 
    source: CIFFA
    Ontario is clearing the way for more long combination vehicles (LCVs), through changes included in the latest phase of its Long Combination Program, launched in 2009. Read more here

    INTERNATIONAL - BUSINESS - GOVERNMENT UPDATES
     
    Transport CO2 mitigation measures “won’t achieve climate ambitions”: ITF
    source: CanadianShipper
    PARIS, Fra.–Current and foreseeable policies to mitigate carbon-dioxide (CO2) emissions from global transport activity will not suffice to achieve the international community’s climate ambitions, a new study published by the International Transport Forum (ITF) finds. Read more here
     
    Multimodal transport services along the Silk Road
    source: AJOT
    Lauterach, 31 January, 2017. The revival of the former Silk Road as a transport route between China and Europe: Gebrüder Weiss has been pursuing this strategy for many years, using land, air and sea routes. Under the motto ‘Bridging Europe and Asia. Along the Silk Road’, the international transport and logistics company now provides information about its entire range of services from Istanbul via Teheran and Ashgabat to Shanghai. “The network between Europe and Asia is becoming increasingly important for our customers.  Read more here

  • 30 January 2017

    AIR FREIGHT UPDATES
     
    Delta Flights Resume After System Outage
    source: AirWise
    Delta Air Lines said its operations were recovering after a computer system outage caused severe disruption and cancellations on Sunday evening. Delta said 180 flights were cancelled Sunday and another 80 on Monday morning as flights get back to normal. Read more here
     
    After Chaos at Airports, Homeland Security Says Order to Return
    source: AJOT
    The U.S. government said it was taking steps to restore order to the global air transport industry after a weekend of chaos following President Donald Trump’s travel ban on seven predominantly Muslim countries. Permanent U.S. residents from nations covered by Trump’s order should no longer be detained at American airports and no one covered by the ban should be getting on planes overseas, the Department of Homeland Security said. Read more here

    OCEAN FREIGHT UPDATES
     
    DaChan Bay Terminals' Shore Power System Starts Operation, Shenzhen, China
    source: CIFFA
    DaChan Bay Terminals, in Shenzhen, China, has reached another milestone in its commitment to building a green port. On January 22, the terminal launched its shore power supply system. The new system will enable vessels to turn off their auxiliary engines, thereby reducing emissions and improving air quality. Read more here
     
    Smaller carriers jostle for share on Asia-North America trade
    source: Shippingazette
    THE fight for market share on the Asia-North America trade will not be limited to the three mega shipping alliances as with independent carriers unveil plans to join the busy trade lane, reports IHS Media. The carriers are planning to capitalise on growing US containerised imports that IHS Markit Maritime & Trade senior economist Mario Moreno expects to expand four to five per cent in 2017, reaching a new peak of 21.4 million TEU, mainly because of stronger economic growth. US real GDP is forecast to grow 2.3 per cent this year after expanding by only 1.6 per cent in 2016. On top of the revamped services, Alphaliner said Zim will launch an Asia-Vancouver service in April called the Zim North Pacific service, or ZNP. Alphaliner said Zim was also expected to have a slot swap arrangement with HMM on the ZNP. HMM earlier said that it would continue to run three Asia-west coast North America services independently, with Maersk and Mediterranean Shipping Co. participating through slots within a 2M+HMM arrangement. [Excerpted from Shippingazette]
     
    Hapag-Lloyd: Italy Terminal Handling Charge price announcement
    source: AJOT
    Hapag-Lloyd announced that they will align the THC for Italy for 20’ / 40’ container effective March 1, 2017 and valid until further notice as follows:
    Standard Container
    EUR 178 per 20’ / 40’
    Reefer Container
    EUR 260 per 20’ / 40’
    The THC will apply for all trades to and from Europe. The FAK base rates as well as Bunker related surcharges, Security related surcharges, Peak Season surcharges (if applicable) and other THCs remain unchanged.
    Other local charges and contingency surcharges may apply. Read more here

    GROUND AND RAIL UPDATES

    CN Makes Service Changes at Port of Vancouver to Reduce Dwell and Transit Times
    source: CIFFA
    In a service update last week to customers, CN advised of recent changes at the Port of Vancouver designed to improve overall service reliability and reduce transit times.
     
    Centerm and Vanterm
     
    Rail operations
    Effective January 2nd, CN now services the waterfront directly and performs all Centerm and Vanterm terminal switching operations for CN customers. Waterfront traffic is now routed through CN's Thornton Yard instead of the previous routing via CP's Coquitlam Yard. From the time of the service change, the average rail transit time has been reduced by approximately 24 hours compared with the previous switching/transit plan. 
    - Centerm: CN is currently spotting and pulling between 6,000 and 8,000' per day. 
    - Vanterm: CN is currently spotting and pulling between 11,000 and 12,000' per day.
    - CN reports that it is seeing an improvement in the timely repair of bad order rail equipment no longer going to Coquitlam. Dwell times are significantly reduced.  
     
    Trucking to support reduced dwell
    - To assist with port dwell, CN is currently trucking Western Canada-destined traffic (for Calgary and Edmonton) each day to its Vancouver Intermodal Terminal (VIT) from both terminals.
    - Centerm: Commencing last week, to reduce ground counts, DP World is now trucking between 150 and 180 units per day to CN Vancouver Intermodal Terminal.
    - Vanterm: GCT is trucking up to 100 units per day to CN's Vancouver Intermodal Terminal for furtherance to inland destinations
    - CN has increased people and equipment around the clock to handle increased truck gate and terminal volumes at VIT. 
     
    NEW: Use of Additional Rail Capacity at Fraser Surrey Docks (FSD) 
     
    - CN and FSD have been working together on an operating service plan to add surge capacity to support overall port fluidity with more off-dock trucking. 
    - CN will commence this week delivering loaded railcars for furtherance via truck to Vanterm, Centerm and Deltaport
    - This is a temporary service offering to support the timely evacuation and delivery of pre- and post-Chinese New Year peak volumes. 
     
    Deltaport
     
    - Daily rail operations continue as planned. To supplement overall demand, CN and GCT continue to work closely on a trucking program, with up to 200 trucks per day moving through CN's Vancouver Intermodal Terminal.

    CANADA - BUSINESS - GOVERNMENT UPDATES

     
    Cargo, commercial investment made for busy year at Edmonton airport
    source: Shippingazette
    EDMONTON International Airport (EIA) moved ahead with cargo and commercial development expected to boost the economy of western Canada, reported Wisconsin's AviationPros. "Although US, sun destination and charter traffic showed declines, our domestic and transatlantic-international traffic remained robust as travellers continued to support our non-stop flights and connecting flights though Edmonton, all of which will enable us to drive regional business growth." [Excerpted from Shippingazette]

    INTERNATIONAL - BUSINESS - GOVERNMENT UPDATES
     
    Hong Kong to return armoured vehicles to Singapore
    source: ShippinGazette
    HONG Kong is to return the nine Singapore Armed Forces Terrex armoured cars it seized nearly two months ago, but customs officials have suggested it might pursue criminal prosecution following investigations into a possible breach of its shipping rules.  [Excerpted from Shippingazette]

  • 27 January 2017

    AIR FREIGHT UPDATES
     
    Struggling Alitalia to cut up to 1,600 jobs in restructuring
    source: transportweekly.com
    Executives from key investor Etihad Airways and Alitalia, which went bankrupt in 2008 and again was on the edge of collapsing in 2014, will meet with Italian ministers, according to a statement from the Abu Dhabi-based airline.   Read more here
     

    OCEAN FREIGHT UPDATES
     
    Post Chinese New Year lull prompts OOCL to cancel transpac sailings
    source: shippingazette.com
    EXPECTED low demand following the Chinese New Year holiday has induced Hong Kong's Orient Overseas Container Line (OOCL) to cancel sailings on the Asia-North America route.
     
    Specifically, the North Pacific 2 (NP2) service will be affected - ETA Hong Kong on February 10 in Week 6 on the eastbound, and ETA Tacoma on February 28 in Week 9 on the westbound.
     
    Service will resume with the sailing of the Hyundai Mercury (HMC) 056E/W: ETA Hong Kong on February 17 in Week 7 on the eastbound, and ETA Tacoma on March 7 in Week 10 on the westbound. 
     
     
    Carriers Announce Tax on Ocean Freight by Indian Government
    source: CIFFA
    At least two global carriers have announced that the Government of India has introduced a tax on services effective January 22 that will apply to ocean freight and related charges prepaid outside of India. Application of the tax will result in an increase of approximately 4.5% on freight-related charges.
     
    CIFFA will try to ascertain why there was no notice period and provide more information as it becomes available.
     

    CANADA - BUSINESS - GOVERNMENT UPDATES

    Advantage Vancouver: building a global maritime hub
    source: ajot.com
    As Canada’s largest port, Vancouver B.C has always been big on shipping. Now they have their sights set on becoming a world-class maritime centre.  Read more here. 
     

    INTERNATIONAL - BUSINESS - GOVERNMENT UPDATES
     
    Trump Floats 20 Percent Border Tax as Mexico Feud Deepens
    source: AJOT
    The Trump administration floated a 20 percent tax on imports from Mexico to pay for a wall along the southern U.S. border, a plan revealed hours after Mexican President Enrique Pena Nieto canceled his first meeting with the new U.S. leader.  Read more here.  
     
     
    Vietnam Textile Factories Hum at Full Capacity Despite TPP Snub
    source: ajot.com
    Vietnamese clothing maker NhaBe Garment Corp. had a lot riding on the Trans-Pacific Partnership.
    The supplier to brands such as Calvin Klein, Michael Kors and Kenneth Cole has seen its exports more than doubled since 2011 to $729 million last year—and it increased its factories two-fold to 35, betting on a big drop in tariffs from Vietnam’s membership in the 12-nation trade pact.  Read more here. 

  • 26 January 2017

    OCEAN FREIGHT UPDATES
     
    Port Sees Advantages After Year of Challenges Leaders say Long Beach is ‘on track for green future’
    source: AJOT
    The Port of Long Beach sails into 2017 propelled by transformative modernization projects all across the harbor, excellent financial health, an industry-leading record of environmental progress, and a strong commitment to working with the City and neighbors, said Harbor Department leaders Wednesday morning at the annual “State of the Port” event. Read more here

    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Canada, US auto industry co-ordinating on Trump response
    source: AJOT
    Automakers and parts manufacturers on both sides of the Canada-U.S. border are meeting state and provincial governments to co-ordinate a response to President Donald Trump as he pushes far-reaching changes to a trade deal that’s crucial to the industry, the head of Canada’s biggest autoparts maker said. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
     
    Transportation & Infrastructure Committee to Hold Organizational Meeting
    source: AJOT
    Washington, DC - Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) announced that the Committee will hold its organizational meeting for the 115th Congress at 10:00 a.m. on Tuesday, January 31, 2017, in 2167 Rayburn House Office Building. At this meeting, the Committee will consider its committee rules package and the oversight and authorization plan. Subcommittee leadership and assignments will also be confirmed at the organizational meeting. Read more here
     
    Facing Trump, Mexicans Think the Unthinkable: Leaving NAFTA
    source: CIFFA
    Not long ago, any suggestion that Mexico might walk away from the North American Free Trade Agreement would have been met with utter disbelief. But now that Mr. Trump has said he wants to renegotiate NAFTA, a growing number of Mexican officials and businesspeople are asking what price is worth paying to stay in it. Many of them are concluding that Mexico could have more to lose from years of haggling and economic uncertainty than from simply opting out. Read more here
     
    As Trump Stresses "America First," China Plays the World Leader
    source: CIFFA
    China is calmly mapping out global leadership aspirations from trade to climate change, drawing distinctions between President Xi Jinping's steady hand and new U.S. President Donald Trump, whose first days have been marked by media feuds and protests. Read more here.

  • 25 January 2017

    AIR FREIGHT UPDATES
     
    Another boost for IATA's Cargo-XML messaging standard
    source: AirCargoNews
    IATA’s Cargo-XML messaging standard has taken another step towards becoming the industry standard after being integrated into a United Nations (UN) automated customs management system.  Read more here

    OCEAN FREIGHT UPDATES
     
    Port and container terminal consolidation can mitigate the impact of ULCVs
    source: TheLoadStar
    Port and terminal consolidation is the “only long-term answer” to mitigate the impact of fewer calls of ultra large container vessels (ULCVs) bringing bigger box exchanges, argues Drewry. Neil Davidson, senior analyst at Drewry’s ports & terminal practice, said yesterday that more M&A activity, “both operationally and financially”, was desirable to match that of its liner customers. Mr Davidson was presenting Drewry’s Terminal Operators Annual Review, and in its assessment of the new east-west alliance networks launching in April, Mr Davidson expected “limited further impact” to North European ports, although he noted that THE Alliance was still to confirm its UK and Baltic hub ports. He said that disruption at container terminals since the introduction of ULCVs was “starting to level off”, and he thought the “ceiling” had been reached on the size of newbuilds at around 20,000 teu. “Ship sizes are not going up in leaps and bounds as before,” he said, given that the extra port costs were beginning to negate the unit cost reduction of the larger vessels. However, Mr Davidson was concerned at the unrelenting cascading of displaced tonnage since the introduction of ULCVs, with ever-larger vessels being squeezed into smaller trades and into terminals not equipped to efficiently handle them. “These larger vessels and larger alliances create pressure on port space and productivity at a time when few port operators are prepared to invest hundreds of millions in new ports and port upgrades,” said an APMT spokesman. [Excerpted from The Loadstar]
     
    First Cuba to US cargo shipment arrives at Port Everglades
    source: AJOT
    “Tuesday’s shipment of artisanal charcoal from Cuba aboard Crowley’s container ship K Storm, the first truly commercial shipment from a Cuban cooperative to a private U.S. business since the U.S.-Cuba trade embargo was imposed more than 50 years ago, adds another chapter to our company’s long history of trade in the Caribbean Basin. Read more here
     
    Container shipping industry recovery is threatened by newbuild deliveries
    source: Shippingazette
    LONDON's Drewry Maritime Research is warning that the large amount of new tonnage to be delivered this year poses the biggest threat to the recovery of the container shipping."We are more optimistic than we have been in a long while as demand will continue to make small, incremental gains and freight rates will rebound after last year's nadir," Drewry commented in its weekly report on the container market. "However, we also identified the biggest risk to that outlook as the huge number of ship deliveries, particularly at the top end of the scale." Barring delivery delays, up to 1.7 million TEU of newbuilds will join the global container shipping fleet this year, more than half of these over 14,000 TEU, meaning most will operate on the Asia-Europe route. Vessels currently plying this trade will consequently be cascaded into other trades such as the transpacific and Asia-Mediterranean, and in turn smaller vessels on those trades will need to find new homes or be laid-up. The flood of capacity onto the secondary trades puts improvements in rates at risk. [Excerpted from Shipping Gazette]
     
    Shorter sea route from Philippines to Indonesia soon to open
    source: Shippingazette
    A SHORTER sea route from Davao City to General Santos in the Philippines and onwards to Bitung, Indonesia is scheduled to open on April 28, reported The Manila Times. The new sea route intends to make transporting goods faster, compared to the current three to five weeks via the Manila-Bitung route. The DOT said that it would be cheaper, with savings estimated at US$1,500 per TEU. An initial weekly shipping schedule with a vessel capacity of 100 TEU will be provided by the Asian Marine Transport Corp., while other vessel operators are expected to show interest in plying the route, according to DoT. [Excerpted from Shippingazette]

    CANADA BUSINESS - GOVERNMENT UPDATES
     
    Key European Body Backs Canada-EU Trade Deal
    source: CIFFA
    A planned Canada-EU free-trade deal moved closer to reality on Tuesday after a key committee advised the European Parliament to give its backing after months of protests and heated debate. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Ten companies slowed ships in Santa Barbara Channel region 2016 program to protect blue whales
    source: AJOT
    SANTA BARBARA, Calif. - The partners in an initiative to cut air pollution and protect whales announced results from the 2016 voluntary incentive program and publicly recognized the ten shipping companies who participated, reducing speeds in the Santa Barbara Channel region to 12 knots or less. The program started July 1 and ended November 15, 2016. The recognition ceremony took place at the Channel Islands National Marine Sanctuary Advisory Council meeting in Santa Barbara, CA. Read more here

  • 24 January 2017

    AIR FREIGHT UPDATES
     
    Edmonton International Airport Had Strong 2016 Led by Cargo and Commercial Investment
    source: CIFFA
    Edmonton International Airport (EIA) experienced a busy year in 2016, not only serving 7.5 million passengers, but also moving forward with many cargo, commercial-development and infrastructure projects. Read more here
     
    Cathay Pacific Cargo and Lufthansa Cargo now under one roof for Frankfurt cargo handling
    source: CanadianShipper
    FRANKFURT, Ger.–Cathay Pacific Cargo is relocating its local cargo handling activities in Frankfurt to the Lufthansa Cargo terminal as part of the cooperation agreement between the two airlines.  Read more here.  

    OCEAN FREIGHT UPDATES
     
    Yang Ming Defends Its Position, Explains Recapitalisation Plan
    source: Splash247
    Taiwan’s Yang Ming, the island’s second largest boxline, has moved to allay fears that its financial position makes it look like the next Hanjin.
    In a note to customers yesterday,  Yang Ming outlined how it has been moving to position itself on a more even keel.  Read more here
     
    Zim keeps faith with the transpacific with launch of new service
    source: TheLoadStar
    Israeli shipping line Zim has announced the launch of a new standalone express service. Read more here
     
    New York Harbour battens down as big storm blows in from North Atlantic
    source: Shippingazette
    A BIG nor'easter hit New York Harbour on Tuesday, bringing along with it two days of rain and winds of 40 miles per hour, reported GAC Hot Port News. The storm should clear within 24 hours said the US National Weather Service as it issued its "urgent marine weather storm warning" for New York Harbour. [Excerpted from Shippingazette]
     
    SM Line applies to launch new services 'from the ashes of Hanjin'
    source: Shippingazette
    SOUTH KOREA's Samra Midas Group (SMG), which acquired Hanjin Shipping's Asia-North America shipping route, has applied to the US Federal Maritime Commission (FMC) to start a new transpacific container service. Commissioner William Doyle told a meeting of the National Retail Federation (NRF) in New York recently that executives from SMG had visited the FMC to discuss its application. SM Line was officially launched on January 6, after the completion of its organisational structure at its headquarters in Yoido, Seoul, by new director Kim Chil-bong (also president of Korea Line Corp) with a ceremony attended by 200 employees, many formerly employed by Hanjin. [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES
     
    Talk of Hunter Harrison CSX takeover sends stock up to 5-year high
    source: Shippingazette
    TALK of former Canadian Pacific Railway (CP) CEO Hunter Harrison's takeover of Jacksonville-based CSX railroad had the US company's stock soar 23.4 per cent to close at US$45.51 - a five-year high.  [Excerpted from Shippingazette]
     
    Freight transport union lifts its 21-district strike
    source: BDNews24
    The freight transport strike in 21 districts in south-west Bangladesh has been lifted. The strike called by the Freight Transport Owners-Workers Union Council began early on Monday in protest of extortion, harassment and violence suffered by its members. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Trump Formally Pulls U.S. Out of TPP with Executive Order
    source: CIFFA
    President Trump made good on one of his campaign promises Monday, formally withdrawing the United States from the Trans-Pacific Partnership, a trade deal negotiated by his predecessor but never ratified. Trump signed an executive order to pull out of TPP, calling the move "great news for American workers." Read more here
     
    UK forwarders look forward to action on new Government industrial strategy
    source: AJOT
    The British International Freight Association (BIFA) has given a broad welcome to yesterday’s announcement by UK Prime Minister Theresa May that the Government intends to build an industrial strategy to deliver a high-skilled, competitive economy that benefits people throughout the country. Read more here

  • 23 January 2017

    AIR FREIGHT UPDATES
     
    Fog Hits Heathrow Airport, Some Cancellations
    source: AirWise
    About 100 flights have been cancelled at London’s Heathrow Airport for Monday morning as fog reduced visibility down to a hundred yards. Read more here
     
    Air freight demand hopes high, as new year gets off to a flying start
    source: TheLoadStar
    Air freight demand has continued buoyant into 2017, after a healthy final quarter last year. While rates appeared to fall back in December after a strong November, January has bucked normal trends with a reasonably good start. Read more here
     
    YVR Announces Plan to Guide Its Anticipated Growth over the Next 20 Years
    source: CIFFA
    Vancouver International Airport (YVR) has unveiled Flight Plan 2037, a $5.6-billion plan for expanded terminals, new taxiways, a geoexchange system, and upgraded roads and bridges. Read more here

    OCEAN FREIGHT UPDATES
     
    Clarification from Yang Ming
    source: CIFFA
    Following the publication in the eBulletin on Friday, January 20of the link to a Loadstar article, Yang Ming contacted the CIFFA secretariat advising that the article had caused grave and undue concern to its customers and asking us to clarify certain points. Yang Ming's message follows. "Yang Ming is financially secure and has full access to Taiwanese government-backed funding of US$1.9 billion. Yang Ming is fully committed to obligations with customers and has been receiving continued support from customers. Yang Ming is not in default of any obligations and has not approached its creditors with demands to restructure any of its debts. The ownership structure of Yang Ming is very different from other carriers and any comparison of Yang Ming with the defunct Hanjin is inaccurate and any speculation is pointless."
     
    Pakistan's first deepwater box terminal due to open in April
    source: Shippingazette
    CONSTRUCTION of Pakistan's first deepwater container terminal at the Karachi Port - a joint venture of Karachi Port Trust (KPT) and Hutchinson Port Holdings - has entered its final development phase, and is expected to begin servicing its first mega ships by mid-April. Spread over 85 hectares and with a draft depth of 16 metres at the mouth of Karachi harbour, the terminal is designed to accommodate ships of up to 20,000 TEU. With South Asia Pakistan Terminals Ltd (SAPT), Pakistan will be able to lower costs for the country's importers and exporters and reduce the transit time for shipments.  This can be an early harvest project from China Pakistan Economic Corridor (CPEC) point of view because Gawadar Port, which lacks supporting infrastructure - power, storage, roads and railways - will take a while to fully develop. [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES
     
    First China-to-U.K. Rail Freight Service Arrives in London
    source: CIFFA
    The first demonstration rail freight service carrying textiles and other consumer goods from China to the U.K. arrived in London on January 18, having left Yiwu Xi station in eastern China's Zhejiang province on January 1. The inaugural train is expected to be followed by weekly services for three or four months to assess customer demand.  Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    WTO Urges Caution on Protectionism
    source: CIFFA
    Attending the World Economic Forum in Davos, World Trade Organization Director-General Roberto Azevêdo welcomed the strong desire shown by ministers and the private sector for new negotiated outcomes to be delivered at the WTO's Ministerial Conference in Buenos Aires in December this year. Responding to concerns about a potential rise in protectionism, the Director-General urged WTO members to show leadership and caution. Read more here
     
    President Trump Promises ‘Good Results’ From Nafta Talks
    source: AJOT
    President Donald Trump used one of his first appearances in the White House to reaffirm a campaign promise to renegotiate Nafta, indicating that he isn’t retreating from the opposition to free trade that was central to his election campaign. Read more here

  • 20 January 2017

    OCEAN FREIGHT UPDATES
     
    Red Flag for Yang Ming as Container Line is Weighed Down by Billion-Dollar Losses
    source: CIFFA
    Following the bankruptcy of Hanjin, Taiwan's Yang Ming is now the container line in the greatest financial danger, according to a research paper published on January 19. Drewry Financial Research Services (DFRS) says the line has the industry's most leveraged balance sheet, with a net gearing of a massive 437% at the end of Q3. The figure soars above the industry average of 124% and is nearly five times that of its closest regional peer, Evergreen. Read more here
     
    Shippers and 3PLs expect trade tension as Trump eyes Asian supply chains
    source: TheLoadStar
    Political events over the past year have ushered in a paradigm shift for supply chains, as they are set to become more intra-regional amid an increase in global trade volatility, according to analysts. Read more here
     
    HMM to buy stake in Hanjin's port terminal in US
    source: TheLoadStar
    Hyundai Merchant Marine (HMM) is to buy a 20% stake in  Hanjin’s US port terminal operator, Total Terminals International, for $15.6m. Read more here
     
    April launch of new alliances could create uncertainity in the market
    source: Shippingazette
    THE realignment of the four global vessel-sharing alliances into three larger and more powerful alliances can be viewed as the shipping industry's latest attempt to cut costs and increase leverage in a cut-throat environment.Rate volatility is possible as the alliances compete for business, according to IHS Media. Marine terminal operators, however, could feel the biggest residual impact of the alliance reshuffling. The alliances, and the bigger ships they will deploy, will require taller cranes, more yard space, expanded gate capacity, and probably longer hours of operations. Terminal operators and operating ports will have to pick up the bill for theseadditional costs. The rapid changes occurring in the industry, including carrier mergers and acquisitions and the August bankruptcy filing by Hanjin Shipping are further clouding the crystal ball, because the newly merged carriers are still working out their internal operations while they meet with their counterparts in the new alliances. Advanced transmission of shipment data would be of special benefit to service providers such as terminal operators and truckers. [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES
     
    China plans multimodal transportation network to ease road congestion
    source: Shippingazette
    CHINA has unveiled ambitious plans to develop a multimodal transportation system to ease road congestion and lower transportation and packaging costs, as its leading mode of truck haulage has "low added value," according to Ministry of Transport (MOT) official Wang Shuiping. Qualified freight companies including railway, road, water and air cargo businesses can carry out multimodal transport operations connecting different ways of transport either individually or in partnership with other companies, according to a MOT circular issued to the industry, reported Xinhua. Conditions should be created for more medium and long-distance freight to move from road transportation to railways, cargo vessel and other transportation modes in an orderly manner, it noted. [Excerpted from Shippingazette]

    CANADIAN BUSINESS - GOVERNMENT UPDATES
     
    Port of Hamilton releases results of 2016 shipping season
    source: CanadianShipper
    Hamilton, Ont.–The Hamilton Port Authority has released its cargo results for the 2016 shipping season. In 2016, 562 vessels visited the Port of Hamilton, carrying 9,277,282 MT of cargo, edging out the 2015 season total by 0.4%. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    America’s Original Nafta Negotiator Says Trump Can Improve Deal
    source: AJOT
    The U.S. dealmaker who negotiated the North American Free Trade Agreement said Donald Trump shouldn’t destroy the pact, but expand it to embrace more industries. Read more here

    UK forwarders call for more details on Brexit plans
    source: Shippingazette
    THE British International Freight Association (BIFA) says the British Prime Minister Theresa May's plans for a clean break from the European Union delivered some clarity, but remained short on the details to help its members in doing their business of managing much of the UK's visible international trade. "Today, Theresa May has promised to take Britain out of the EU single market and pledged to seek a 'bold and ambitious' trade agreement with the bloc. The prime minister said that she wanted 'an ambitious customs agreement with the EU' while rejecting the Customs Union because of the common external tariff that prevents Britain from negotiating separate trade deals with third countries. The association said Mrs May's statement allowed the association to identify where the new 'friction points' in international trade could occur and work with the government to negotiate the best possible outcome for UK businesses, the London's Air Cargo News reported. [Excerpted from Shippingazette]

  • 19 January 2017

    AIR FREIGHT UPDATES
     
    China-UK railroad corridor spells trouble for airfreight
    source: AirCargoWorld
    The first container train from China reached the U.K. today, arriving at the London Eurohub in Barking. Completed in 18 days, the rail transit connection threatens to disrupt China-Europe supply chains, with airfreight appearing especially vulnerable. Read more here

    OCEAN FREIGHT UPDATES
     
    Shippers' Postponements of Long-Term-Rate Deals Could Backfire
    source: CIFFA
    Many shippers are postponing long-term contract negotiations with lines until after the Chinese New Year in the hope of securing better deals should spot rates then fall. Read more here
     
    Yang Ming labelled the new Hanjin by Drewry
    source: Splash247
    Drewry Financial Research Services has described Taiwan’s second largest containerline as the next Hanjin while slapping its stock as unattractive in a new report. Nevertheless, despite the huge wave of consolidation swirling the box sector, Yang Ming senior management remain defiant, saying they will not merge. Read more here
     
    Cosco Shipping in talks to buy OOCL 
    source: Splash247
    Cosco Shipping is readying a bid of more than $4bn to take over Hong Kong’s Orient Overseas Container Line (OOCL), the Wall Street Journal (WSJ) is reporting. WSJ journalist Costas Paris has been behind most of the scoops of liner mergers in the past 18 months. Read more here
     
    OOCL Denis Cosco Bid
    source: splash247
    Officials at Hong Kong’s Orient Overseas Container Line (OOCL) remain coy over a possible takeover or merger. Read more here.  

    GROUND AND RAIL UPDATES
     
    Keith Creel to become CEO of Canadian Pacific; E. Hunter Harrison to retire
    source: CanadianShipper
    CALGARY, Alta.–Canadian Pacific Railway Limited announced that Keith Creel will become President and Chief Executive Officer of the company effective January 31, 2017 following E. Hunter Harrison’s decision to retire from CP.  Read more here

    CANADIAN BUSINESS - GOVERNMENT UPDATES
     
    St. Lawrence Seaway Ties Record for Longest Navigation Season
    source: AJOT
    Cornwall, Ontario - After opening the 2016 season on March 21, the St. Lawrence Seaway closed on December 31, enjoying a navigation season of 286 days. This performance ties the record first established in 2008 and matched in 2013 for the longest navigation season. Read more here
     
    Canada Given Advance Notice of Trump's NAFTA Demands
    source: CIFFA
    Wilbur Ross, chosen by U.S. President-elect Donald Trump to reshape U.S. trade policy, has informed Canada that rules of origin and independent dispute tribunals will be central to talks aimed at resetting the North American Free Trade Agreement. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    May Pitches Brexit U.K. as Global Cheerleader for Free Trade
    source: AJOT
    Theresa May pitched post-Brexit Britain as a champion of globalization and free trade, saying she wants to defend the “rules-based international system.” “The U.K. will step up to a new leadership role as the strongest and most forceful advocate for business, free markets and free trade anywhere in the world,” the prime minister said in a speech to the World Economic Forum at Davos, Switzerland, on Thursday. Read more here

  • 18 January 2017

    OCEAN FREIGHT UPDATES
     
    SM Line Corporation snaps up box ship quintet from Hanjin Shipping
    source: FairPlay
    SM Line Corporation has acquired five 6,655 teu container ships that had been operated by Hanjin Shipping as it prepares to relaunch the liner's Asia-US and intra-Asia services.
    SM Line Corporation has acquired Hanjin Bremerhaven, Hanjin Budapest, Hanjin Port Kelang, Hanjin Tianjin, and Hanjin Xiamen, according to shipbroking sources. Read more here. 
     
    Panama Canal to Reduce Booking Slots Due to Transit Delays
    source: CIFFA
    Delays in transit for non-booked vessels have forced the Panama Canal Authority (ACP) to temporarily cut its slots to five for neo-panamax vessels as of January 20. Read more here
     
    Four New Panamax cranes arrive at the Port of Savannah
    source: AJOT
    Savannah, Ga. - Four new Super Post Panamax ship-to-shore cranes arrived at Garden City Terminal Monday, bringing the Port of Savannah’s total to 26, more than any other terminal in the U.S. Read more here

    GROUND AND RAIL UPDATES
     
    First China to UK rail freight service arrives in London
    source: RailWayGazette
    UK: The first demonstration rail freight service carrying textiles and other consumer goods from China to the UK arrived at the London Eurohub terminal in Barking just after 13.00 on January 18, having left Yiwu Xi station in eastern China’s Zhejiang province on January 1. Read more here
     
    The future of freight: challenges and opportunities facing the industry
    source: IRJ
    THE European Rail Freight Association (ERFA) brings together newcomers on the European rail market. ERFA covers the whole value chain of rail transport across Europe and all members are united in a commitment to work towards a competitive and innovative single European railway market underpinned by attractive, fair and transparent market conditions for all railway companies. Read more here

  • 17 January 2017

    AIR FREIGHT UPDATES

     
    Not waiting for UN, the NTSB seeks US lithium battery regulation
    source: Shippingazette
    THE US National Transportation Safety Board (NTSB) has recommended that lithium batteries be physically separated from other flammable materials carried as cargo. Unlike the UN's International Civil Aviation Organisation (ICAO), the NTSB believes the circumstances and findings in the Asiana incident show the need for new cargo segregation and loading density requirements. This would, if it becomes a regulation, establishes American maximum loading density requirements designed to restrict the quantities of lithium batteries and flammable, hazardous materials on board an aircraft.Read more here. [Excerpted from Shippingazette]
     
    US-Cuba To Sign Air Services Agreement
    source: CIFFA
    A bilateral agreement between the U.S. and Cuba is expected to be signed this week, re-establishing scheduled air services between the two countries after more than 50 years. Scheduled services are expected to commence sometime later this year," said the DoT. The agreement is expected to trigger intense competition among US airlines for routes and airport slots to a destination that has been off-limits since the 1960s. It will provide for as many as 110 daily, round trip flights between the US and Cuba, including 20 daily flights to Havana and 10 others to airports outside the capital city.

    OCEAN FREIGHT UPDATES
     
    OOCL Will Not Carry Prohibited Commodities: Whale, Shark, and Dolphin
    source: CIFFA 
    In OOCL's commitment to sustainability and best practices in the industry, OOCL has announced it will not accept cargo bookings for whale, shark, and dolphin, and their related products with immediate effect. For further information, please kindly contact our local representatives. 
     
    Forwarders give cautious welcome to container line pricing change
    source: Lloyds Listing
    Freight forwarding representatives in the UK have given a cautious welcome to an agreement announced this week in which 15 leading container lines will abandon general rate increases (GRIs) in favour of a new pricing announcement mechanism, following a two-year inquiry by the European Commission into possible competition infringements – alleged “price signalling” – by lines. Read more here
     
    Future of Container Alliances up in the Air as CMA CGM and China Cosco Shipping Plot New Partnership
    source: Splash 24/7
    French container analysts Alphaliner report the Ocean 3 alliance is likely to be ripped apart. CMA CGM is in discussions with the merged Cosco/China Shipping entity to form an alliance that could also include OOCL and Evergreen. The new alliance would leave Middle Eastern boxline UASC out in the cold. Read more here
     
    Greek port strike ends tonight
    source: Splash 24/7
    The latest two-day strike to hit Greece’s top two ports is set to end tonight. Greek dockworkers have been protesting the government’s decision to privatise ports, with Cosco taking control of Piraeus on a 40-year-concession, and a number of global terminal operators expressing interest in taking over Thessaloniki Port. This week’s strike is the third in the past six months at Greek ports. Read more here
     
    Rotterdam port backs 3-D metal printing to make spare parts
    source: Shippingazette
    THE Port of Rotterdam will be acquiring its own "Additive Manufacturing Fieldlab" with 3D metal printers to work on spare parts for the maritime industry. The EUR1 million (US$1.12 million) 3D metal printer will be housed at RDM Rotterdam, the old Rotterdam Drydock Company facility, long since an innovation showcase and an incubator for business, education and research projects. This Fieldlab will provide port-related companies with a collective location to accelerate developments in this area. "3D printing is promising, but also complex. Developments are appearing in rapid succession," said MrCastelein. [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES
     
    First Silk Road Train Arrives in Tehran from China
    source: Live Mint
    Tehran: The first train to connect China and Iran arrived in Tehran on Monday loaded with Chinese goods, reviving the ancient Silk Road, the Iranian railway company said. Read more here

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Canadian Pacific To Seek Declaratory Order From U.S. Surface Transportation Board
    source: CIFFA
    Canadian Pacific Tuesday announced it will seek a declaratory order from the U.S. Surface Transportation Board (STB) confirming the viability of the voting trust structure that CP has suggested as part of its proposed merger with Norfolk Southern Corp. (NS). CP urges NS, consistent with its duties to its shareholders, to assist constructively in this effort, but intends to proceed regardless of NS's cooperation. Read more here
     
    2015 “Noteworthy” Year for Transportation and Logistics M&A
    source: Canadian Shipper
    NEW YORK, N.Y.–It was a noteworthy year for merger and acquisition (M&A) activity in the transportation and logistics industry, as total deal value nearly doubled the level raised in 2014, according to Intersections, a quarterly analysis of global deal activity in the transportation and logistics industry by PwC US. Read more here

  • 16 January 2017

    AIR FREIGHT UPDATES

     
    Hong Kong ends 2016 with a cargo volume flourish and a 3.2% full year increase
    source: aircargonews.net
    Hong Kong International Airport (HKIA) looks set to retain top spot among global airfreight hubs as its 2016 throughput increased by 3.2% year on year to 4.52m tonnes.
     
    The Asian super hub, which saw a double-digit cargo surge in December, is the latest to report a rise in volumes for 2016, although statistics for North American and the major Chinese hubs are still to be logged. Read more here.
     
     
    India to set up electronic air cargo processing system to boost efficiency
    source: shippingazette.com
    THE Indian government plans to develop an air cargo community system through a public private partnership, in a bid to lower costs and improve the efficiency of processing airfreight.
    A report by an Indian Ministry of Civil Aviation committee said that it backed having a single window system for the air cargo community to interface with Indian Customs systems to facilitate the "seamless movement of goods and information," reported London's Air Cargo News.
    Ministry of Civil Aviation senior advisor Renu Singh Parmar said: "Each air cargo shipment on average carries around 30 types of documents and well over 100 copies, thus resulting in significant documentation overheads, increased dwell times and supply chain opaqueness."
    He said the electronic platform will eliminate duplicate data entry, reducing unnecessary paperwork by giving authorised access to data to the relevant supply chain stakeholder, and bring in supply chain visibility "thereby reducing inventory and other transaction costs related to air cargo movement."
    "The information exchange is many-to-many resulting in complex/duplicate processes," the report added. "Further, there is a lack of uniformity for message interface, a lack of data harmonisation, and a lack of end-to-end tracking."
     

    OCEAN FREIGHT UPDATES
     
    Port of Los Angeles 2016 cargo volumes “busiest ever” for Western hemisphere port
    source: canadianshipper.com
    SAN PEDRO, Ca.–Cargo volumes at the Port of Los Angeles reached 8,856,782 Twenty-Foot Equivalent Units in 2016, marking the busiest year ever for a Western Hemisphere Port. Read more here
     

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Government of Canada promotes innovation in Canada’s automotive sector
    source: canadianshipper.com
    DETROIT, Mi.–The Government of Canada’s Innovation Agenda aims to make Canada a global centre for innovation, and key programs that support research and development activities in the sector include the Automotive Innovation Fund and the Automotive Supplier Innovation Program, said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, during his trip to Detroit, Michigan, for the 2017 North American International Auto Show (NAIAS).  Read more here
     
     
    Meet François-Philippe Champagne, Trudeau’s new trade minister
    source: macleans.ca
    Meet François-Philippe Champagne, Canada's New Trade Minister
    Last week's federal cabinet shuffle vaulted François-Philippe Champagne from a parliamentary secretary role to the high-profile post of Minister of International Trade.
    A lawyer, Champagne has worked as senior counsel and vice-president at ABB Group, a Swiss engineering giant, and then had a string of titles, including strategic development director, at AMEC Foster Wheeler, a big London-based project-management company focused on the energy sector. He won the Saint-Maurice-Champlain riding in the 2015 election.  Read more here

  • 13 January 2017

    AIR FREIGHT UPDATES
     
    British Airways Cabin Crew Call 3 Day Strike
    source: AirWise
    British Airways cabin crew working under ‘mixed fleet’ employment terms will strike for three days next week, the Unite union said. Read more here
     
    Air Canada Cargo Introduces Service Between Montreal and Shanghai
    source: CIFFA
    Air Canada Cargo is launching direct year-round daily service between Montreal and Shanghai on February 16 with a Boeing 787-8 aircraft
     
    Airfreight shippers could face price hikes between US and Venezuela as DoT rejects Transcarga traffic rights
    source: TheLoadStar
    Centurion and Amerijet have successfully hampered Venezuelan carrier Transcarga’s attempts to operate in the US by objecting to the US Department of Transport over its traffic rights. Read more here.

    OCEAN FREIGHT UPDATES
     
    CMA CGM tipped to take over OOCL
    source: Splash 24/7
    France’s CMA CGM, fresh from gobbling up Neptune Orient Lines (NOL), is being widely tipped to be the suitor to take over Hong Kong’s Orient Overseas Container Line (OOCL), the world’s eighth largest liner. Read more here
     
    Ports weigh natural gas as marine emissions rules tighten
    source: AJOT
    The tightening of emissions limits for deep-water ships has some of North America’s busiest ports chasing a new opportunity. Read more here
     
    Centerm Not Accepting Empty Drop-offs Temporarily as of January 16
    source: CIFFA
    Due to limited yard capacity, DP World will stop the empty drop-off program at the Port of Vancouver Centerm terminal on January 16, until further notice. Only empty containers with an export booking for vessel loading will be accepted through the truck gate.
    Contact Customer Service at DP World Vancouver if you have questions: 604-252-2420, Import@dpworld.ca or Exportdesk@dpworld.ca.

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    eManifest Update: Freight Forwarders That Are Non-Compliant Are Now Subject to Zero-Rated Penalties
    source: CIFFA
    The timeline for eManifest implementation requires that, as of January 11, freight forwarders electronically transmit advance house bill data on consolidated freight to the CBSA or be subject to zero-rated penalties (non-monetary) under the CBSA's Administrative Monetary Penalty System (AMPS). This situation will apply until July 12, 2017, when freight forwarders deemed to be non-compliant with eManifest requirements may be issued monetary AMPS penalties. Read more here
     
    Canada-EU Trade Deal Clears Further Hurdles in Europe
    source: CIFFA
    The Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU received backing from a committee of the European Parliament and Germany's top court on January 12, increasing its chances of entering into force later this year. Read more here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    The most promising markets of 2017: What’s hot, what’s not and how to stomach the risk in between
    source: AJOT
    With 2016 properly packed away with the ribbons and glitter of the holidays, it’s time to face 2017, where new world leaders, political volatility and Mother Nature’s influence all promise to play influential roles. While the outlook for Emerging Market Economies (EME) going into 2017 is stable, uncertainty is on the increase with challenges stemming from the strong U.S. dollar and prospects for higher interest rates in advanced markets. Read more here

  • 12 January 2017

    OCEAN FREIGHT UPDATES
     
    Korean yards ready another 4,000 layoffs
    source: Splash24/7
    South Korea’s top three shipyards – Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) – are readying to axe another 4,000 staff this year, adding to the five-digit figure made unemployed last year.  Read more here
     
    Already hard-hit feeder operators paying the price as bunker costs soar
    source: TheLoadStar
    Bunker prices doubled last year, ending at around $300 per tonne for heavy fuel oil (HFO) and $450 per tonne for low-sulphur marine diesel oil (MDO), putting more pressure on the already slim margins of feeder operators. Read more here.  
     
    China's One Belt will not affect sea freight
    source: Shippingazette
    CHINA's 'One Belt One Road' initiative will not threaten the dominance of sea freight in the transportation industry given that high-speed block trains can only transport 20 TEU, meaning they are only expected to control a market share of only a few per cent on trade routes between Europe and the Far East via Central Asia, Middle East and Africa. China Railway Corporation announced that the train, carrying clothes, bags and other items, departed from Yiwu in the eastern Zhejiang province. It will travel 12,000 kilometres over 18 days - passing through places such as Kazakhstan, Russia and Germany - before arriving in London. "The cost advantage of sea freight over rail freight remains significant, especially when container ships come with economies of scale. High-value or time-sensitive goods will benefit from the shorter transit time, but not general merchandise goods," he said. [Excerpted from Shippingazette]

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Customs Notice 17-03: Highway Sufferance Warehouse Closure (Ottawa, Ontario)
    source: CIFFA
    The purpose of this notice is to advise that, effective January 20, the company located at 2473 Sheffield Road, Ottawa, Ont., will be surrendering its "BW" type highway sufferance warehouse licence, and the CBSA is advertising for a new highway sufferance warehouse in that area. Read more here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    OPEC’s production cuts are greatly overrated
    source: LogisticsMGMT
    Between the recent agreement by OPEC to cut oil production by 1.16 million barrels per day (bpd) and the unprecedented agreement by a group of non-OPEC countries to cut an additional 560,000 barrels per day, the world oil market could soon face a contraction in oil production on the order of 1.72 million.barrels per day. Read more here
     
    Donald Trump's Global Supply Chain Problem
    source: CIFFA
    According to J. Bradford Jensen of the Peterson Institute for International Economics, the top 1% of importers and exporters -- representing 66% of all imports and 60% of all exports, respectively -- are often the same companies. Further, 53% of America's biggest importers are also its biggest exporters. And of the biggest exporters, 36% are also among the top importers. Read more here.  

  • 11 January 2017

    AIR FREIGHT UPDATES
     
    Air Canada Cargo introduces Port of Spain
    source:  CanadianShipper
    MONTREAL, Que.–Starting January 10, Air Canada Cargo will begin direct widebody service to and from Port of Spain, Trinidad and Tobago, on a Boeing 767-300ER aircraft.

    ROUTE FLIGHT FREQUENCY DEPART ARRIVE
    YYZ > POS RV1880 .2.4… 08:45 15:10
    POS > YYZ RV1881 .2.4… 16:35 21:25
     
    Air Canada Cargo also provides direct, widebody service to and from other Caribbean locations:
    • Bridgetown, Barbados
    • Port-au-Prince, Haiti
    • Montego Bay, Jamaica
     
    Air Freight Demand Up 6.8 Pct In November - IATA
    source: AirWise
    Global demand for air freight rose 6.8 percent in November, lifted by strong growth in Europe, the Middle East and Africa. Read more here
     
    November air freight demand translates into strong peak season, says IATA
    source: TheLoadStar
    IATA has revealed its air cargo data for November, showing that – as predicted – it was a strong peak season. Anecdotally, forwarders have told The Loadstar that the peak was fuelled by Asian carriers in particular taking out capacity, the consequences of Hanjin’s bankruptcy and a general rise in volumes. IATA’s figures, however,show growth in available freight tonne km of 4.4% globally, and 4% in Asia. Read more here

    OCEAN FREIGHT UPDATES
     
    OOCL takeover talk picks up
    source: Splash24/7
    Speculation over Orient Overseas Container Line (OOCL) being up for sale has seen the share price of its parent firm soar more than 20% since the start of the year. It closed up another 10 cents today on the Hong Kong Stock Exchange to finish at HK$38.75, a high not seen since October 2015.  Read more here.  
     
    Container shipping sets sail for historic volume of consolidation in 2017
    source: TheLoadStar
    The number of container lines with an operating capacity of over 200,000 teu has reduced to 17 from 20 in the past year, and is set to shrink to 13 in the next 18 months as the industry experiences unprecedented consolidation. Read more here
     
    Port of Montreal 2016 freight volume surges 10pc - close to record
    source: Shippingazette
    THE Port of Montreal has continued its upward cargo momentum coming within one per cent of matching its container record of nearly 1.5 million TEU in 2015, the American Journal of Transportation reported. The 2016 performance was outlined at the traditional annual ceremony marking the arrival of the first ocean-going vessel to enter the port in the new year. The vessel was the 19,986- dwt Chem Sirius, a chemical tanker operated by Ace Tankers and flying the Liberian flag which had left Antwerp on December 19. The vessel's captain was awarded Montreal's 178th Gold-Headed Cane. [Excerpted from Shippingazette]

    GROUND AND RAIL UPDATES
     
    Addis Ababa-Djibouti Railway Completed, Creating High-Speed Link Between Ethiopia and Djibouti
    source: CIFFA
    The Addis Ababa-Djibouti Railway, a new 752-km track linking Ethiopia's capital with the Port of Djibouti, was officially completed on January 10. The new railway will cut cargo journey times between the Port of Djibouti and Addis Ababa from three days by road to just 12 hours. Read more here
    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    CBSA Trade Compliance Verifications
    source: CIFFA
    The CBSA recently updated information on its site about Trade Compliance Verifications. A list of the agency's current verification priorities can be found here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    New year, new regulations for dangerous goods. Ignore them at your peril
    source: TheLoadStar
    Few who watched the spectacular fireworks that ushered in the new year around the world would have thought about the logistics behind the displays.  Read more here
     
    US Retail imports exceed expectations during holidays: Port Tracker
    source: Shippingazette
    The latest edition of the Port Tracker report, issued by the National Retail Federation (NFR) and maritime consultancy Hacket Associates, states that imports at the nation's major retail container ports saw an unexpected increase during the industry's busy holiday season.  In November, ports covered by Global Port Tracker handled 1.64 million TEU, the latest month for which after-the-fact numbers are available. That was down 1.6 per cent from October since most imported holiday merchandise had already arrived but up 11.2 per cent from November 2015. Global Port Tracker had previously predicted a year-over-year increase of 3.6 per cent. "Economic data is fickle by nature ?it surges and falls and often surprises us," Hackett Associates Founder Ben Hackett said, referring to sometimes-contradictory economic numbers seen over the past year. "There is both optimism and pessimism and pointers showing growth as well as decline. The US ports in the report are Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Hampton Roads, Charleston, Savannah, Port Everglades and Miami on the East Coast, and Houston on the Gulf Coast. [Excerpted from Shippingazette]

  • 10 January 2017

    AIR FREIGHT UPDATES
     
    India plans new community system to improve air cargo efficiency
    source: AirCargoNews
    The Indian government will develop an air cargo community system through a public private partnership to try and reduce the cost and improve the efficiency of processing airfreight shipments. Read more here
     
    Delegation Visits France Test Site For New Generation Air Traffic Management System
    source: AJOT
    Brussels, Belgium, Tuesday, 10th January 2017 – Delegates from the European Commission (EC) and the Innovation and Network Executive Agency (INEA) have visited the Marseille Air Traffic Control Centre (ACC) in France, one of two sites testing the new generation air traffic control (ATC) system, 4-FLIGHT. Read more here
     
    IATA updates dangerous goods regs to reflect ICAO technical instructions
    source: Canadianshipper
    CHICAGO, Ill.–The International Civil Aviation Organization (ICAO)has updated its Technical Instructions for the Safe Transport of Dangerous Goods, as it does every two years. According to Neil McCulloch, Senior Manager, International Product Development, with Labelmaster, said this is both a blessing and a curse. Read more here.

    OCEAN FREIGHT UPDATES
     
    North Europe ports still await final call list from new container shipping alliances
    source: TheLoadStar
    Just 12 weeks before THE Alliance is launched on the Asia-North Europe container shipping trade, the UK ports for its five loops are yet to be named.
    Formed by Hapag-Lloyd, Yang Ming and the Japanese trio of K Line, MOL and NYK, the vessel-sharing group announced its ‘base-plan’ port rotations on 8 November, following that of then rival grouping Ocean Alliance the previous week.  Read more here

    Maersk containership runs aground in Southern Italy
    source: Splash24/7
    9,000 teu containership Gustav Maersk grounded early this morning while transiting in the Strait of Messina, Southern Italy. Read more here
     
    Hanjin Shipping postpones first meeting with creditors claiming $26 billion
    source: TheLoadStar
    Hanjin Shipping has postponed its first meeting with creditors – owed around $26 billion – until 31 March. Read more here
     
    MSC’s Seattle port deal questioned
    source: Splash24/7
    The Port of Seattle has demanded Mediterranean Shipping Co (MSC) pay a security deposit before it takes over the running of Terminal 46, sold by bankrupt Hanjin Shipping.  Read more here

    GROUND AND RAIL UPDATES
     
    Figuring out how to improve urban freight flow
    source: FleetOwner
    One of the big challenges facing city planners in the U.S., much less around the world, is how to more accurately gauge urban freight flows so they can not only plan freight infrastructure investments better but also initiate more near-term traffic throughput improvements, too. Read more here
     
    Truck Digitization and Tech Developments in Freight will Boost Europe's Commercial Vehicle Telematics Market
    source: PRNewsWire
    LONDON, Jan. 10, 2017 /PRNewswire/ -- Growth opportunities are strengthening in the commercial vehicle (CV) telematics market in Europe with the imminent arrival of value-added services such as video-based safety solutions, mobile base on-demand freight exchange platforms, and field service management solutions. While penetration of fleet management services (FMS) in large and medium fleets is relatively high, addressing challenges such as awareness, adequate training, and better business cases are key to expansion within small fleets. Read more here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    Ping pong balls are no longer dangerous - official
    source: LloydsLoadingList
    The issue has gone back and forth across the table, and now UN chiefs have decided that ping pong balls should no longer be classified as dangerous goods when transported internationally by road.The balls, which are made of celluloid or similar flammable plastics, were on the list of goods included in ADR regulations (European Agreement concerning the International Carriage of Dangerous Goods by Road) because of the deadly fumes produced if they catch light. But amendments that come into force on 1 January will see them removed as a hazardous item, the Freight Transport Association (FTA) has advised. [Excerpted form Lloyds Loading List]
     
    Brexit Bulletin: Orderly or Disorderly?
    source: AJOT
    Theresa May was keen to stress on Monday she doesn’t “accept the terms hard and soft Brexit.”
    Investors may need to move beyond them too, after spending much of 2016 trying to guess if the prime minister would go hard (by focusing on controlling immigration and lawmaking) or soft (by safeguarding trade). Read more here

  • 9 January 2017

    AIR FREIGHT UPDATES
     
    British Airways Flights To Operate Despite Strike
    source: AirWise
    British Airways said its customers will be able to fly to their destinations on Tuesday, January 10 and Wednesday, January 11, despite a proposed strike by some cabin crew. Read more here

    OCEAN FREIGHT UPDATES
     
    US dockers' union says automated terminals are a barrier to smooth contract negotiations
    source: TheLoadStar
    The leader of the International Longshoreman’s Association (ILA), the labour union that represents the 65,000 dockworkers on the east and Gulf coasts of the US, says another sustained row between employers and employees may be on the way in advance of a new round of master contract negotiations. Read more here
     
    Port of Vancouver Reinstates Rail Production Report
    source: CIFFA
    The Port of Vancouver has reinstated daily posting of its rail production report beginning January 4. The report can be found here. In order to reflect a realistic view of on-dock dwell, the port calculates the "heat map" thresholds based on the average of the past two weeks of actual production. Note that reduced service around the holiday period, coupled with weather delays, has resulted in reduced average actual rail production. Effective January 2, CP has begun trucking out all rail-designated cargo from GCT Vanterm.
     
    Port of Montreal Has Record Year in 2016
    source: CIFFA
    The Port of Montreal announced last week that, according to preliminary statistics, it handled 35.2 million tonnes of freight in 2016. This unaudited figure corresponds to an increase of more than 10% in freight traffic over 2015, a record for the port.
     
    Panama Canal Gatun Locks Three-Day Lane Outage This Week
    source: CIFFA
    Beginning at 2000 hours today until 2000 hours on Thursday, January 12, the east lane of Gatun Locks will be out of service in order to perform unforeseen repairs on the northeast approach wall. Learn more in Advisory A-01-2017 from the Panama Canal. 

    GROUND AND RAIL UPDATES
     
    Freight industry opposes tunnels for new North East Link
    source: HeraldSun
    THE North East Link would be built with flyovers and trenches rather than tunnels, in a radical plan being proposed by Victoria’s freight industry. Read more here

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Canada Achieves Its First Trade Surplus Since September 2014
    source: CIFFA
    Canada's merchandise trade balance with the world recorded its first trade surplus since September 2014, moving from a $1 billion deficit in October to a $526 million surplus in November. Exports were up 4.3%, on the strength of increased exports of metal and non-metallic mineral products, as well as record exports to countries other than the United States. Imports were up 0.7%, mainly on higher imports of energy products. Read more in Statistics Canada's The Daily

  • 9 January 2017

    AIR FREIGHT UPDATES
     
    Seven reasons why air cargo needs this new global trade deal
    source: AirCargoEye
    Political uncertainty and poorly performing global trade are a toxic combination for the airfreight industry. The two interconnected trends are a migraine for airfreight decision-makers tasked with arresting declining profit margins, writes Thelma Etim. Since air cargo managers have no crystal ball window into the political and economic future of global economies, they are guided instead by a sea of analysis proffered by so-called expert forecasters and consultants, a source which has not always proven to be dependable. Read more here

    OCEAN FREIGHT UPDATES

    Maersk first line to settle Russian anti-competition case sparked by 'illegal' GRIs
    source: The Loadstar
    Maersk Line has agreed to pay $230,000 to settle a four-year competition case with Russia’s Federal Antimonopoly Service (FAS), which had accused the carrier of anti-competitive behaviour. The carrier will also cease public price announcements in Russia. The FAS accused Maersk, along with CMA CGM, Hyundai Merchant Marine, OOCL and Evergreen, of using general rate increase announcements (GRIs) to coordinate surcharges on tradelanes between Russia and the Far East and South-east Asia. Under the settlement, Maersk Line will now supply customers with price information for Russia-specific corridors via email or a password-protected webpage. The $12m fine is cancelled. In July, 14 container lines were found by the European Commission not to have breached EU competition law by communicating GRIs. However, the carriers agreed to “stop publishing and communicating GRIs” to mitigate further concerns of “price signalling”. Instead, the carriers agreed to publish all-inclusive maximum freight rates – but not more than 31 days before the implementation date – and are bound by these freight all kinds (FAK) rates as maximum prices during the validity period, but are still able to quote lower rates. [Excerpted from The Loadstar]
     
    Seaway Fees to Increase in 2017
    source: CIFFA
    The St. Lawrence Seaway Management Corporation (SLSMC) announced a rate increase of two percent for the 2017 navigation season. The new fees apply to both tolls and wharfage and storage charges. Read more here
     
    KDB: Ten Hanjin Ships Up for Grabs
    source: WorldMaritimeNews
    The state-run Korea Development Bank (KDB), the main creditor of the former South Korean shipping giant Hanjin Shipping, has launched sales proceedings for ten Hanjin ships, Yonhap News Agency cited industry sources. Read more here
     
    Spanish Dockworkers to Face Massive Layoffs?
    source: WorldMaritimeNews
    At least 6,500 Spanish dockworkers could be laid off according to the recently announced plan by the country’s Minister of Public Works to reform the port system. Read more here

    INTERNATIONAL BUSINESS - GOVERNMENT UPDATES
     
    Is the supplier-retailer relationship at breaking point?
    source: The Loadstar
    Drapers examines the growing tensions between the leading lights of high street retailers and their suppliers, with the former squeezing supplier margins in the face of growing cost pressures.  Read more here.  
     
    WTO rules against Russia in dispute with EU over duties on LCVs
    source: Shippingazette
    A PANEL of the World Trade Organisation (WTO) has declared as illegal the Russian anti-dumping duties that hinder exports of Italian and German light commercial vehicles (LCVs). The panel's findings remind Russia that its international obligations cannot be ignored, the American Journal of Transportation reported. The panel agreed with the EU on all procedural claims and recognised several problems with the analysis by Russia that led to the introduction of duties. The parties have 60 days to appeal the decision. Otherwise, Russia will be expected to remove its anti-dumping duties on LCVs from the EU. The anti-dumping duties on light commercial vehicles, introduced in May of 2013, target imports from Germany, Italy and Turkey. [Excerpted from Shippingazette]
     
    EU and Mexico to hold more talks on new FTA
    source: Shippingazette
    THE European Union and Mexico are to hold two additional negotiating rounds before the summer as part of an accelerated negotiation schedule for a new, reformed Free Trade Agreement. In a joint statement, Commissioner Malmstrom and Minister of Economy Guajardo said: "We will take our trade relations fully into the 21st Century. We will be able to boost growth, making our firms more competitive and widening choices for consumers while creating jobs. Together, we are witnessing the worrying rise of protectionism around the world. Side by side, as like-minded partners, we must now stand up for the idea of global, open cooperation. We are already well underway in our joint efforts to deepen openness to trade on both sides. Now, we will accelerate the pace of these talks in order to reap the benefits sooner." [Excerpted from Shippingazette]

  • 6 January 2017

    AIR FREIGHT UPDATES
     
    2016 Air Cargo Improves, but Trump a Wild Card for 2017
    source: 24/7WallSt
    Air cargo volume increased by 6.9% year over year in November, on top of a 6.2% increase posted in October, according to data reported Wednesday by WorldACD Market Data. While volume growth has been steadily improving, revenues and yields have been slower to rise but improved in the second half of 2016. Read more here

    OCEAN FREIGHT UPDATES
     
    Port of Long Beach seeks public input on rail facility
    source: AJOT
    The Port of Long Beach is seen from Pier B.The Port of Long Beach will begin public hearings next week on a draft environmental study for the proposed redevelopment of an existing rail yard into a new facility that could increase the use of “on-dock” trains, moving cargo faster while making operations more sustainable. Read more here
     
    Biggest ship - 10,589-TEU Valparaiso Express - transits Panama Canal
    source: Shippingazette
    The Panama Canal transited its biggest ship, Hapag-Lloyd's Valparaiso Express, a 10,589-TEU neopanamax specifically built to take advantage of the greater capacity offered by the waterway, reported the Panama Bulletin. The vessel was constructed with an environmentally friendly landside shore connection, which allows the auxiliary diesels on board to be switched off while in port. By using the Panama Canal, the Valparaiso Express reduces more than 8,500 tons of carbon dioxide (CO2) emissions on its round trip voyage compared to other conventional routes that the vessel would have to use without the expanded Locks, making the Panama Canal the most environmentally friendly route. [Excerpted from Shippingazette]

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Most Canadians Want New Tariffs on U.S. Goods if Trump Pulls Out of NAFTA: Nanos Survey
    source: CIFFA
    Nearly 50 per cent of Canadians said they support and 26 per cent said they somewhat support new tariffs on American goods if the U.S. were to pull out of NAFTA and apply new tariffs and duties on Canadian goods and materials entering the U.S., according to a Nanos survey conducted for CTV News. Read more here
     
    Port of Montreal sets new cargo record
    source: AJOT
    The Port of Montreal has continued its upward momentum, setting a new record for total cargo in 2016 and coming within 1% of matching its container record of nearly 1.5 million TEU in 2015. Read more here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    China to Streamline Logistics
    source: CIFFA
    The Chinese government has proposed an overhaul of China's logistics industry and infrastructure. Read more here
     
    Brexit Bulletin: Unhappy New Year
    source: AJOT 
    Just one week into 2017 and the prime minister has already lost her ambassador to the European Union. Not only that, but the departing broadside issued by Ivan Rogers – and the way he was replaced – have given voters and investors some key insights into how her government is run, and what that means for the chances of a successful Brexit. Read more here
     
    Cambodia's Sihanoukville port expansion wins positive industry response
    source: Shippingazette
    The Cambodia Freight Forwarders Association (CAMFFA) has welcomed the government's plan to expand Sihanoukville Autonomous Port (SAP) by building a new US$300 million container port on reclaimed land next to the existing facility that will include a terminal, container yard, customs and administrative buildings. According to spokesman of the Ministry of Transport and Public Works Va Sim Soriya, construction of the new container terminal was expected to begin in 2017 and finish by 2022. In a separate development, Japan International Cooperation Agency has provided a $74 million soft loan to build a new multipurpose terminal at SAP to raise the handling capacity to 700,000 TEU, up from 500,000 TEU. Scheduled for completion in 2018, the new terminal will increase the port's draft from 8.5 metres to 13.5 metres and be able to handle oil and agricultural shipments. [Excerpted from Shippingazette]
     
    India plans new community system to improve air cargo efficiency
    source: AirCargoNews
    The Indian government will develop an air cargo community system through a public private partnership to try and reduce the cost and improve the efficiency of processing airfreight shipments. Read more here

  • 5 January 2017

    AIR FREIGHT UPDATES
     
    Air cargo has the best peak season in years
    source: AirCargoNews
    The latest figures from analyst WorldACD show that the air cargo industry had the "best peak season in years" in 2016, with demand growth recovering from a slow start and yields improving at their fastest pace since 2010. Read more here
     
    New cargo airline eyes booming Cambodian air freight volumes
    source: TheLoadStar
    A new cargo airline is hoping to take advantage of soaring air freight volumes in and out of Cambodia. Backed by a Chinese company, Phnom Penh Air Cargo Co is expected shortly to apply for its AOC from Cambodian authorities, according to the Phnom Penh Post. Read more here
     
    Air Canada Cargo Adds Capacity in 2017
    source: CIFFA
    Air Canada Cargo continues to expand its network, with widebody capacity to six new cities and three new routes.
     
    Widebody capacity to new cities:
    - Montreal to Shanghai (starts Feb. 16, Boeing 787-8)
    - Toronto to Berlin (starts June 3, Boeing 767-300ER)
    - Vancouver to Taipei (starts June 8, Boeing 787-9)
    - Montreal to Marseille (starts June 9, Boeing 767-300ER)
    - Montreal to Algiers (starts July 1, Boeing 767-300ER)
    - Toronto to Mumbai (starts July 1, Boeing 787-9)
     
    New routes:
    - Vancouver to Frankfurt (starts June 1, Boeing 787-8)
    - Vancouver to Nagoya (starts June 1, Boeing 767-300ER)
    - Vancouver to London Gatwick (starts June 8, Boeing 767-300ER)
     
    In addition to these new routes, Air Canada is expecting to take ownership of nine new cargo-friendly Boeing 787-9 Dreamliner aircraft throughout 2017, for increased capacity to and from key markets.
     
    NY Governor Announces USD$10 Bln JFK Airport Upgrade
    source: AirWise
    New York Governor Andrew Cuomo has announced a USD$10 billion plan to upgrade New York’s JFK Airport, which includes linking the terminals and redesigning road access and parking. Read more here

    OCEAN FREIGHT UPDATES
     
    General Average – a useful guide on issues arising in container shipping
    source: TheLoadstar
    General Average is an insurance concept that might make a lot of sense to shipowners, the old salts that crew their vessels and the men of London’s Square Mile who insure it all – but for the thousands of freight forwarders that fill the slots of the world’s box fleet, it is mostly arcane and confusing. Read more here
     
    LA Harbor entrance closed to ships after reports of possible helicopter crash
    source: Splash 24/7
    Ship traffic was denied access to Los Angeles Harbor on Wednesday when US Coast Guard (USCG) closed the harbor entrance after reports of a two-person helicopter crashing near San Pedro, according to the Associated Press. Read more here
     
    Cambodia plans to expand its ports to reach 700,000 TEU capacity
    source: Shippingazette
    CAMBODIA is expanding its container port industry amid plans to raise private funding for a US$300 million expansion of the Sihanoukville Autonomous Port (SAP) starting in 2017, as well as build a new multipurpose terminal at SAP with Japanese financing that will raise handling capacity to 700,000 TEU, up from 500,000 TEU at present. The plan calls for the construction on reclaimed land of a new 350-metre large container port, comprising a terminal, container yard, rail terminal, customs and administrative buildings. With a draft of 14.5 metres, the new container berths and storage yard will add one million TEU of capacity upon completion in 2022, effectively tripling SAP's current capacity. [Excerpted from Shippingazette]
     
    Japanese lines eye a new shipping horizon and a battle to regain profitability
    source: TheLoadStar
    Significantly greater cost competitiveness is the only way to “defeat” ocean carrier rivals, K Line presidentEizo Murakami said today in his new year message to staff. Read more here

    GROUND AND RAIL UPDATES
     
    Cut the weight, move more freight
    source: TruckNews
    You may not be able to bring your semi-truck to the gym or a Zumba class to help it shed those extra pounds, but there are ways fleets can tip the scales in their favor and get their trucks to lose some weight so they can move more freight. Read more here

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Trudeau Reaches Out to U.S. Congress
    source: CIFFA
    Prime Minister Justin Trudeau reached out this week in a video address to the new U.S. Congress to stress how tightly linked the economies of Canada and the United States are, amid fears of a protectionist Trump administration. Read more here
     
    2016 saw bump in freight, drop in passengers at Port of Montreal
    source: CTV
    More than 35 million tonnes of freight came through the Port of Montreal in 2016, an increase of more than 10 per cent over the previous year. Read more here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    How blockchain will transform our cities
    source: TheLoadStar
    Establishing trust-based interactions and democratising governance is blockchain’s greatest benefit, according to this piece on The Conversation, which claims the technology has the power to transform the internet from a system of information to one of value. Read more here

  • 4 January 2017

    AIR FREIGHT UPDATES
     
    Buy Neutral Air Waybills from CIFFA Before Prices Rise on January 15
    source: CIFFA
    If you buy neutral air waybills (NAWBs) through CIFFA, note that the price will increase on January 15. With the electronic air waybill implementation on the way, balancing our inventory has been a challenge in the last 18 months. The price increase is a necessary measure to make sure CIFFA Members have available supplies on demand. Go to the CIFFA Store to place an order. 
     
    British Airways' Cabin Crew To Strike January 10/11
    source: AirWise
    British Airways cabin crew working under ‘mixed fleet’ employment terms will strike for 48 hours from January 10, the Unite union said. Read more here
     
    Asia Pacific carriers record another cargo improvement in November
    source: AirCargoNews
    Asian carriers continued to benefit from improving air cargo market conditions in November but global trade remains soft. The latest update from the Association of Asia Pacific Airlines shows that airlines in the region registered a 5.3% year-on-year improvement in cargo demand in November “underpinned by broad-based improvements in new export orders”.  Read more here

    OCEAN FREIGHT UPDATES
     
    2016 – the most turbulent year in container shipping's 60-year history
    source: TheLoadStar
    Five mergers and acquisitions and one bankruptcy is the final toll of a truly tumultuous year for liner shipping. They put in the shade other notable events, such as the opening of the enlarged Panama Canal in June, mandatory weighing of all loaded containers (VGM) from 1 July and the record scrapping of some 700,000 teu of redundant container tonnage. Read more here
     
    Dubai's DP World to raise stake in Busan container terminal to 66pc
    source: Shippingazette
    DP World is acquiring an additional 23.94 per cent stake in South Korea's Pusan Newport Company Ltd (PNC) from Samsung Corporation & Subsidiaries, effectively raising the global port operator's holding in PNC to 66 per cent. Drewry Benchmarking Club Contract Rate Index rose after six consecutive quarters of falling rates. The index is based on average transpacific and Asia-Europe contract freight rate data provided confidentially by 50 multinational retailers and manufacturers that closely monitor their contract freight rates. But Drewry also noted that its "e-Sourcing Ocean Freight Solution" and benchmarking tools have enabled exporters and importers to mitigate increasing ocean transportation costs and carrier financial risks. [Excerpted from Shippingazette]
     
    A gasp of delight for ocean carriers as spot rates surge at 2016's last gasp
    source: TheLoadStar
    The last Shanghai Containerized Freight Index (SCFI) of the year gave container lines more optimism for 2017 after a dreadful 12 months of trading. All the SCFI’s main tradelanes registered impressive spot rate gains as the index published on 30 December leapt 15.5%. Read more here

    GROUND AND RAIL UPDATES
     
    CP Advises of Winter Storm Warnings in Effect in Southern Manitoba, Northern Ontario, North Dakota
    source: CIFFA
    CP is experiencing blizzard conditions across parts of its network, with the hardest-hit area being North Dakota and Southern Manitoba. The railway advises that there could be delays of up to 48 hours in those regions.
     
    New China-UK rail link to 'revolutionize' freight movement
    source: CNBC
    China launched its first freight service to the United Kingdom on New Year's day, according to the China Railway Corporation. Read more here

    CANADA BUSINESS - GOVERNEMENT UPDATES
     
    Halifax pots a red with Chinese lobster freighters
    source: AirCargoNews
    A Korean Air freighter loading lobster at Halifax Stanfield earlier in the seafood season
    Canada’s Halifax Stanfield airport has secured five Boeing 747-400 freighter charters by Yangtze River Express in January to meet demand from Chinese consumers for fresh Nova Scotia lobster. Read more here

  • 3 January 2017

    OCEAN FREIGHT UPDATES
     
    China's Top Eight Ports' Volume Up 3.9% in November 2016
    source: CIFFA
    China's top eight ports handled 13 million TEU in November, up 3.9% year on year, bringing year-to-date volumes to 140.6 million TEU, a rise of 2.9%. The positive ports data follow better-than-expected November trade numbers. Exports rose 0.1% in dollar value terms, to US$19.7 billion, following a contraction of 7.3% in October. Imports were up 6.7%, to $15.2 billion, from a decline of 1.4% the previous month. [Excerpted from The Shipping Gazette.]
     
    Port of Antwerp bucks regional trend as it passes 10m teu marker in 2016
    source: TheLoadStar
    In 2016, the port of Antwerp will have handled more than 10m teu for the first time in its history, according to its end-of-year 2016 forecast. Read more here
     
    HMM forms alliance with smaller local lines
    source: TheLoadStar
    In an attempt to grow its footprint and counteract the downturn sweeping across the container-shipping sector, Hyundai Merchant Marine (HMM) has forged an alliance with Korean lines Sinokor Merchant Marine and Heung-A Shipping. Read more here

    GROUND AND RAIL UPDATES
     
     
    Total Cost of Ground Transportation Increased Marginally in October: CGFI
    source: CIFFA
    Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 0.4% in October, as compared with September results. Read more here
     
    China to London Freight Train Kicked Off as Xi Boosts Trade
    source: AJOT
    China started a freight train to London as part of President Xi Jinping’s efforts to strengthen trade ties with Europe, according to state-owned China Railway Corp. Read more here

    INTERNATIONAL BUSINESS - GOVERNEMENT UPDATES
     
    EU to unilaterally include shipping in carbon credit trading scheme
    source: Shippingazette
    European Union lawmakers in their three legislative bodies - Council of Europe (member state leaders), European Commission (civil servants) and Parliament (elected members) - are moving to include shipping in their carbon emissions tax scheme rather than wait for the UN to devise global rules, a course the shipping industry prefers. "Its unilateral application to global shipping would create market distortion while generating trade disputes with China and other Asian nations," said the ICS spokesman. [Excerpted from Shippingazette]