Newsletter – February 20, 2018AIR FREIGHT UPDATESUK lifts Bangladesh air cargo bansource: aircargonews.netThe UK has lifted a ban on airfreight being transported directly from Bangladesh, but there is still work to be done before exports can resume.Late last week, British high commissioner in Bangladesh Alison Blake and Bangladesh civil aviation and tourism minister AKM Shahjahan Kamal told local reporters that the UK had lifted the ban, which had been in place since March 2016 because of concerns that cargo was not properly being screened. Read more here.
Meridiana Rebrands As Air Italy To Tackle Alitaliasource: news.airwise.comItalian airline Meridiana, minority owned by Qatar Airways, will rebrand as Air Italy as it moves to take on ailing national carrier Alitalia.Air Italy will be based at Milan’s Malpensa Airport and operate a fleet of 20 Boeing 737 MAX 8 aircraft to be delivered over the next three years, with the first of the order arriving in April. For long-haul destinations the airline will lease five Airbus A330-200s from parent Qatar Air. Read more here
OCEAN FREIGHT UPDATESAPL Expands Eagle GO. Guaranteed Service To 29 Asian Portssource: marineinsight.comAPL today announced the extension of its Eagle GO. Guaranteed service to 29 Asian ports which are called by 22 APL North America-destined services. Introduced last October with four Asian ports of origin in China and Vietnam, this ocean freight guarantee product promises equipment and vessel space that surely gets a cargo loaded and shipped across the Trans-Pacific. Read more here.
India has too many boxports for too little cargo: DP Worldsource: spalsh247.comIndia has too many boxports for too little cargo, according to the nation’s largest operator of terminals. Speaking with the local Economic Times, Sultan Ahmed bin Sulayem, group chairman of UAE-based DP Wold, said the focus needed to change to look at the entire supply chain in India. Read more here.
CANADA BUSINESS GOVERNMENT UPDATES
Canada should cut corporate tax rate and incentivize high tech investmentssource: canadianshipper.comMontreal, QC — The Canadian government needs to shave a bit off the corporate tax rate and provide financial incentives for investments in artificial intelligence and robotics following U.S. tax reforms, says a leading tax expert.“I think there’s room for tax reform,” said Jack Mintz, a professor at the University of Calgary. Read more here.