Newsletter – July 25, 2018
AIR FREIGHT UPDATES
New US demands mandatory advance air cargo screening mandatory
HENCEFORTH under Advance Air Cargo Screening (ACAS) carriers must submit required pre-arrival air cargo data to US Customs before loading, reports Global Trade Magazine of Newport Beach, near Los Angeles.
Advance screening had its genesis in October 2010, when an attempt by al-Qaeda to ship explosives in air cargo was disrupted. Read more here.
Cathay Pacific is ramping up the trial of a new track and trace technology for cargo shipments after a successful test at its home hub.source:
The Hong Kong airline, along with ULD firm Unilode and tracking technology provider OnAsset Intelligence, initially tested the practicality of using wireless devices in the multi-storey, concrete surroundings of the airline’s cargo terminal. Read more here.
Certification gaining importance as pharma sector gains ground
source: theloadstar.co.ukContinuing demand for high-quality air and road freight transport from pharmaceutical shippers is driving the industry to invest heavily in certification.
Forwarder Gefco announced yesterday it had become the latest player to gain Good Distribution (GDP) certification, while Swiss WorldCargo announced it was now fully CEIV certified. Read more here (login required).
OCEAN FREIGHT UPDATES
Cosco US Hit By Cyber Attack
Cosco Shipping’s operations in the United States were hit by a cyber attack yesterday, affecting the company’s daily operations. Read more here.
New Entrants Eye US East Coast in Wake of ZIM’s 2M Move
In the wake of ZIM’s landmark signing with MSC and Maersk from Asia to the US East Coast, could this container tradelane be set for new entrants? News last week that the Israeli carrier has signed with the 2M partners has dominated headlines in recent days and occupied the first four pages of the latest weekly report from Alphaliner. Read more here.
Low-water surcharges imposed as St Lawrence River water level drops
SEVERAL container carriers, including Danish shipping giant Maersk, have announced low-water surcharges on services from North Europe to Canada.
Maersk said that starting July 30 it will impose a low-water surcharge amounting to US$100 per TEU and $150 per FEU and 45-foot containers on cargo from North Europe to Montreal. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Jean-Jacques Ruest confirmed as new CN president and CEO
Canadian National (CN) veteran Jean-Jacques Ruest (pictured above) has been appointed its president and chief executive.
“In JJ, we have the best. He brings vision, energy, and speed to the role. JJ brought the team together to tackle the operational and customer service challenges the company has faced since the fall of 2017,” said chairman Robert Pace. Read more here (login required)