Newsletter – February 7, 2019
AIR FREIGHT UPDATES
Airlines and air cargo – why not look on the bright side?
Blue Monday is supposedly the most depressing day of the year in the northern hemisphere; this year it fell on January 21. The formula to ‘calculate’ this date includes factors such as “weather conditions, debt level, time since Christmas, time since failing our new year’s resolutions, low motivational levels and feeling of a need to take action”. Read more here.
OCEAN FREIGHT UPDATES
How BCOs can navigate the choppy waters of the carriers’ new fuel surcharges
As transpacific ocean carriers approach a new season of contract negotiations with BCOs, supply chain advisors at Drewry are offering advice to help shippers navigate the impact of the new fuel surcharges. Read more here.
Zim joins Maersk with digital US street turn booking service to beat congestion
Zim is following in the wake of Maersk in offering a digitised booking service for street turns in the US. Read more here.
Data is the new container: DP World
Container shipping is suffering severe inefficiencies thanks to its poor operational visibility and failure to make use of all the available data in everyday shipments, the group chairman and CEO of global terminal operator DP World has argued. Read more here.
COSCO’s Finkel: Low rates make alliances necessary
Spot market rates remained strong in 2018, but rates overall were still too low, Howard Finkel, the executive vice president of trade for COSCO Container Lines Americas Inc., said during the first day of the American Association of Port Authorities’ 12th annual Planning for Shifting Trade Conference in Tampa, Fla. Read more here.