Newsletter – July 18, 2019

  • Newsletter – July 18, 2019


    AIR FREIGHT UPDATES

    Boeing 737 MAX grounding continues – the latest on air cargo impacts
    freightwaves.com
    Air cargo has seen its share of issues this year – softening traffic and yields, global economic growth slowdown concerns, trade wars and tariff threats adversely impacting business confidence, and economic indicators domestically pointing to a slowdown – plus the trucking industry is in what looks like a freight recession in the U.S. Read more here.

    OCEAN FREIGHT UPDATES

    Tropical Storm Danas may delay shipments at East Asia ports
    freightwaves.com
    A tropical storm known internationally as Danas, but called Falcon in the Philippines, is spinning over the warm waters of the western Pacific Ocean. The storm could delay container freight at some ports in East Asia, while whipping up winds and dumping heavy amounts of rainfall. Read more here.

     CANADA BUSINESS – GOVERNMENT UPDATES

    Trudeau to push trade pact in EU leaders’ summit as France moves ahead on CETA
    canadianshipper.com
    Montreal, QC — Lawmakers in France begin their ratification of the comprehensive trade agreement between the European Union and Canada as Prime Minister Justin Trudeau welcomes the leaders of the 28-country bloc to Montreal today. Read more here.

    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

    Nike supplier quits Vietnam after quitting China – finding tariffs inescapable
    seanews.com.tr
    NIKE sportswear supplier Eclat Textile of Taiwan quit China in 2016 having found it unsuitable for manufacturing, but now finds his new base in Vietnam equally bad because of the Sino-American trade war. Read more here.

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