Newsletter – May 11, 2018
PHOTOBLOG: The big bird Antonov-225 flies into Leipzig
This week the mighty AN-225 Mriya came to Leipzig-Halle Airport. Designed by Antonov Design Bureau in the 1980s, it is the heaviest aircraft ever built, with the largest wingspan of any aircraft operating today. It has a maximum take-off weight of 640 tonnes. Read more here (login required)
Westjet Pilots Approve Strike Mandate
WestJet pilots have voted overwhelmingly to approve a strike, but the ALPA union stressed its goal is an agreement with the airline not industrial action. Read more here.
OCEAN FREIGHT UPDATES
Yang Ming forms alliance with Taiwanese shipping and ports playerssource: lloydsloadinglist.com
YANG Ming Marine Transport and Taiwan International Ports Corporation are among six Taiwanese maritime and logistics companies teaming up to better penetrate the fast-growing Southeast Asia markets. Read more here.
Carriers rush to cater for growing Asia-US east coast trade demand
Despite the uncertain long-term outlook for demand following the outbreak of trade war skirmishes between the US and China, transpacific headhaul volumes so far this year are proving robust – especially for US east coast ports. Read more here (login required).
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
New Customs Requirements for Shipments to and through China
Air Canada Cargo has advised that, as of June 1, it will be mandatory to include the shipper code and contact identifier on the MAWB and HAWB for all shipments destined to or transiting through China.
The shipper code corresponds to a number that varies per country. (In Canada, for example, it is the Corporation Number.) The shipper code must be indicated on the source document (on the OCI line of the AWB).
The contact identifier corresponds to the method of contact for the shipper, such as a fax or telephone number. The contact number must not include any special characters, such as dashes or dots.
Protectionism a growing threat to logistics sector – trade expert
A rise in global protectionism instigated by the Trump administration could result in higher interest rates and reverse the economic growth enjoyed since the Great Recession almost a decade ago, according to Dr Borislav Bjelicic, professor at the University of Mannheim, Germany. Read more here.