Newsletter – May 1, 2018
OCEAN FREIGHT UPDATESONE unveils strategy for billion-dollar cost savings and million-dollar profitssource:theloadstar.co.ukJapanese shipping groups K Line, MOL and NYK, now operating as the Ocean Network Express (ONE) joint-venture, have unveiled their business plan, identifying more than $1bn a year in expected synergy cost savings. Read more here (login required).
Italian Port Workers to Strike over Self-Handlingsource: splash247.comWorkers are planning a strike on May 11, shutting down all Italian ports for the day, citing a need to improve safety. Read more here.
Port of Montreal Extends Opening Hours During Pilotsource: CIFFAOn April 23, 37 representatives of the stakeholder companies in Greater Montreal’s logistics chain (sectors: marine, rail, road, customs, logistics freight forwarders and clients of the chain) met to discuss possible options to increase fluidity.At this meeting, CargoM presented the conclusions and recommendations of its study on the costs of extending terminal opening hours. The result was consensus for the implementation of a pilot project, set to run from May 14 to June 22, 2018, and which consists of harmonizing the opening hours of the Port of Montreal’s terminals from 6:00 am to 7:00 pm. Data will be collected during the project to measure trucking gate use per time of day, and to see whether there is a significant redistribution of volume to improve fluidity. A meeting is planned at the mid-point of the pilot project, with presentation of the results on traffic flow according to opening hours, and with preliminary comments from supply chain partners on the initiative.May 14 was chosen as the start date of the pilot project to give stakeholders a transition and adaptation period. This pilot project is in continuity with the steps taken by each terminal, and a step closer to harmonizing opening hours.CargoM will undertake several actions as well to mirror those taken by the terminals:•Even greater collaboration with the Port of Montreal on data monitoring and distribution;•Regular communication with working group members;•Organization of the mid-project meeting;•Awareness raising among logistics chain clients in collaboration with the Quebec Trucking Association, in order to involve them more actively in long-term solutions.This initiative has been well received by the community and is all the more relevant now that the City of Montreal has issued its public works schedule for the summer period.At the end of the pilot project and in light of the results, the working committee will decide on the future actions and initiatives that will be winning for all of the chain’s long-term partners.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATESAim younger: logistics is going to need more than a million more employeessource: theloadstar.co.ukLogistics firms and their education advisors are now targeting children as young as 14 in an attempt to create more interest in the profession, as fears intensify of a gaping staff shortfall in the future. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATESU.S. delays tariffs again: Steel, aluminum levies paused another month to June 1source: canadianshipper.comWashington, DC — The United States has delayed the imposition of steel and aluminum tariffs for another month, with a late-evening announcement Monday that pushed the internationally contentious issue off to June 1. Read more here.