Newsletter – March 28, 2019
AIR FREIGHT UPDATES
WOW bows out after ceasing operations
Icelandic low cost carrier WOW Air has ceased operation after cancelling all of its flights.
The operator of Airbus A320, A321, and A330 aircraft, has faced financial difficulties in recent months. Read more here.
Airlines saw ‘steep declines’ in Asian airfreight during February
Asia Pacific airfreight markets recorded “steep declines” in February according to preliminary figures issued by the Association of Asia Pacific Airlines (AAPA). Read more here.
Commercial drones take off in US, as UPS makes a healthy start
And so it begins: commercial drone use is happening in the US as UPS, with drone company Matternet, today delivers medical samples to a hospital and campus in Raleigh, North Carolina (NC). Read more here.
OCEAN FREIGHT UPDATES
First Cargo Discharged from Yantian Express After Fire
Containers in the fire-impacted areas of the containership Yantian Express have been discharged and are ready for transshipment to customers from Freeport, Bahamas, Hapag-Lloyd said in a notice to customers on Tuesday. Read more here.
Synergies and growing logistics venture help OOCL make a $65m turnaround
Cosco-controlled OOCL has joined the ranks of shipping lines looking to vertically integrate logistics operations into their core container transport activities. Read more here.
Supply chain radar: Israel’s ZIM is (again) on a wing and a prayer, but it doesn’t matter
In a world where financial metrics and management accountability matter, Israel’s ZIM Integrated Shipping Services wouldn’t exist. Read more here.
CMA CGM orders ten 15,000-TEUers, half LNG, half scrubbers
FRENCH shipping giant CMA CGM has revealed it has ordered 10 new containerships, each with 15,000-TEU capacity, from China State Shipbuilding Corp (CSSC). Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
FIATA issues best practice guide to fight cybercrime
The International Federation of Freight Forwarders Associations (FIATA) has released its “Best Practice Guide on Prevention of Cybercrime” for its members and the industry at large. Read more here.