Newsletter – April 17, 2019
AIR FREIGHT UPDATES
Jet Airways Extends International Flight Suspension
India’s Jet Airways has extended the suspension of international flights as its attempts to find emergency funding to keep flying continue to be unsuccessful. Read more here.
OCEAN FREIGHT UPDATES
Panama expects fresh flow of Asian boxes as LA dockers block automation
THE Panama Canal Authority says it expects dockers’ attempt to block automation at a Los Angeles marine terminal will result in more Asian cargo flowing through the waterway to US Atlantic and Gulf Coast ports, reports IHS media. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Trucker shortage increases as regulators make it easier to quit field
The US trucking industry continues to struggle to find young people as regulators squeeze every drop of fun out of jobs. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Canada Post forecasts continuing sector losses despite booming parcel deliveries
Ottawa, ON — Canada Post says it will struggle to make a profit in coming years despite booming parcel delivery because of a continuing decline in letter mail, higher employee costs and billions in capital spending. Read more here.