Newsletter – December 27, 2018
AIR FREIGHT UPDATES
Air cargo faces these four logistics challenges in 2019
Many factors have combined to create an optimistic yet challenging climate for the air cargo industry. One of these is the continued growth of e-commerce globally, which has had a profound impact on the sector. Read more here.
Forwarders weigh up modal options as space shortages and high prices hit airfreight
Freight forwarders are looking for alternatives to airfreight as high prices and a lack of space have led to them exploring other modes. Read more here.
OCEAN FREIGHT UPDATES
DP World and AMOVA develop out-of-the-box storage rack for containers
DP World and materials-handling firm AMOVA have joined forces to develop a rack-storage system for shipping containers passing through the port operator’s Jebel Ali Terminal. Read more here.
CMA CGM containership and cargo ship collide near Hong Kong
French containership operator CMA CGM’s 9,415 teu post panamax boxship CMA CGM Norma collided with Chinese general cargo ship Yusheng366 near Hong Kong waters on Monday. Read more here.
Japan has the largest orderbook in the world
Japanese owners boast the world’s largest orderbook, according to data from Clarksons Research. While the Asian nation might be behind market leader Greece and neighbour China in terms of its existing fleet, Japan’s orderbook is by far the largest in the world, more than 40% bigger than Greece’s. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Consumers are willing to pay a premium for supply chain visibility
Companies from Patagonia to Nike and Levi’s are leading the charge on social responsibility and supply chain transparency and they’ve encouraged their competitors to follow suit. Read more here.