Newsletter – March 12, 2019
AIR FREIGHT UPDATES
First companies awarded IATA Fresh certification
The first companies have passed IATA’s CEIV Fresh certfication programme for the handling of perishable cargo. Read more here.
Some 40% of shippers unaware of dangerous goods regulations
A large number of shippers, some 40%, admitted to being unaware of the dangerous goods regulations governing airfreight. Read more here.
OCEAN FREIGHT UPDATES
BIFA issues warning about the perils of containers abandoned overseas
The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, is warning its members about the cost of containers abandoned overseas for which they may be liable and how to implement safeguards to prevent this situation occurring. Read more here.
Weaker transpacific demand hits air and ocean pricing
Lacklustre retail shipments and the impact of tariff-avoidance frontloading last year are continuing to limit transpacific air and ocean freight demand growth and putting downwards pressure on front-haul pricing. Read more here.
Abandoned containers – who pays? Forwarders, it could be you
Forwarders are being warned to consider themselves the ‘principal’ when it comes to container transport, amid mounting anger at unexpected storage and quay charges. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Delays continue at French Eurotunnel terminal
Truck traffic has faced further delays today at Eurotunnel’s French terminal as customs officers continue their work-to-rule industrial action in protest against what they claim to be “inadequate” measures announced by the government to accommodate a hard Brexit. Read more here.
INTERNATIONAL BUSINESS GOVERNMENT UPDATES
‘Leaving Chinese factories to source elsewhere will hit your speed to market’
Apparel manufacturers and brands looking to diversify their sourcing from China are likely to be faced with lower productivity, slower speed to market and greater risk, delegates at last week’s Transpacific Maritime conference in Long Beach heard. Read more here.