Newsletter – February 11, 2019
AIR FREIGHT UPDATES
Brussels Airlines Cancels All Wednesday Flights
Brussels Airlines has cancelled all flights for Wednesday, February 13th due to a nationwide strike in Belgium. Read more here.
OCEAN FREIGHT UPDATES
OOCL cancels 14 Trans-Pacific sailings on Chinese New Year lull
HONG Kong’s Orient Overseas Container Line (OOCL), now a Cosco unit, has announced the cancellation of 14 sailings on the Trans-Pacific trade following the Lunar New Year holiday period. Read more here.
Hapag-Lloyd touts new steel floor boxes as the future of containers
Hapag-Lloyd has created a new steel floor container, which it claims can carry heavier cargoes than existing wood-floored boxes. Read more here.
MSC eyes significant expansion in Italy
Geneva-based Mediterranean Shipping Company (MSC) is significantly expanding its business in Italy with a brand new logistics and intermodal company called Medlog Italia. Read more here.
GROUND AND RAIL FREIGHT UPDATES
‘A major challenge:’ Railway in B.C. derailment details harsh weather challenges
Calgary, AB — A report by the railway company involved in this week’s deadly derailment in the Rocky Mountains details how challenging it is to run trains in frigid temperatures. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
State of Global Logistics: Time for a reality check
A combination of rising global interest rates and ongoing trade protectionism will continue to create unexpected turbulence for logistics managers over the course of 2019, say analysts. Meanwhile emerging markets will provide opportunities for faster growth—yet each faces its own set of operational challenges. Read more here.