Newsletter – April 3, 2019
AIR FREIGHT UPDATES
Air Canada Delays More Routes Due To 737 MAX Grounding
Air Canada has announced further changes to its flight schedule caused by the knock-on effects of the worldwide grounding of the Boeing 737 MAX. Read more here.
Air freight demand continues downward trajectory: IATA
Geneva, Switzerland — The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased 4.7% in February 2019, compared to the same period in 2018. This was the fourth consecutive month of negative year-on-year growth and the worst performance in the last three years. Read more here.
Two Singapore 787s Grounded Due To Engine Wear
Singapore Airlines has grounded two Boeing 787-10s after premature blade deterioration was found on some Rolls-Royce Trent 1000 TEN engines. Read more here.
OCEAN FREIGHT UPDATES
Outside port perimeters
Gone are the days where global terminal operators just invested in quayside developments. Today’s biggest names are reaching right across the supply chain. None more so than Dubai-headquartered DP World, which is now among the most diverse stakeholders in terms of the breadth of its investments related to container shipping. Read more here.
GROUND AND RAIL FREIGHT UPDATES
New York will be first US city to charge congestion toll
New York City is set to become the first American metropolis that seeks to ease traffic congestion, cut pollution and boost mass transit by charging motorists a hefty toll for the privilege of driving into its most crammed areas. So can it work? Read more here.
CN and Unifor Reach Four Deals: Agreements Still to Be Ratified
Four new tentative agreements have been reached with Unifor National Council 4000 and CN and CN Transportation Ltd in Montreal.
The council represents 3,300 rail workers across Canada, including workers at CN, Intermodal, CNTL and CN Savage Alberta Railway.
Details of the new agreements will not be made public until they are presented to members at a series of ratification meetings. Read more here.