Newsletter – October 16, 2019

  • Newsletter – October 16, 2019


    AIR FREIGHT UPDATES

    Hyderabad Airport launches “first of its kind” cargo charter programme
    aircargonews.net
    GMR Hyderabad Airport Cargo has launched a “first of its kind” cargo charter programme that offers enhanced services for its members as it continues to target the market. Read more here.

    OCEAN FREIGHT UPDATES

    Blockchain To Be A Gamechanger For Global Shipping
    forbes.com
    The souls that operate maritime shipping operations have been described as “Optimists of the First Degree” as the level of global trade is impacted by Trumps China tariffs and the gloomy forecasts for global economic growth resonate. Read more here.

    Ports need to be sharing technology and data for smoother operations
    theloadstar.com
    Port authorities need to “step up” and work together to improve data sharing for the benefit of the whole container supply chain, delegates at the TPM Asia conference in Shenzhen were told. Read more here (login required)

    GROUND AND RAIL FREIGHT UPDATES

    Regulations prompt freight rail sector to address cybersecurity
    freightwaves.com

    As freight railroads move to digitize their processes, rail companies are also looking into safeguarding their systems against hacking and other malicious attempts to disrupt freight rail operations.  Read more here.


    CANADA BUSINESS – GOVERNMENT UPDATES


    IMF downgrades outlook for world economy; 2019 estimate for Canada unchanged
    canadianshipper.com
    Washington, DC — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts. Read more here.

    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES


    Tokyo freight infrastructure stands up to the wrath of Super Typhoon Hagibis
    freightwaves.com
    Although Super Typhoon Hagibis has caused catastrophic floods, mudslides and at least 68 tragic deaths in Japan, FreightWaves understands from local sources that Tokyo’s critical freight infrastructure – seaports and airports – are undamaged. Japan’s wider logistics network is suffering from a miscellany of damage such as flooding. Read more here.

    China says postal fees to rise after US complaint
    canadianshipper.com
    Beijing — Fees paid by China to the United States and other countries to deliver packages will nearly triple through 2025 under an agreement by the global postal union following complaints by Washington, the Chinese post office said Tuesday. Read more here.

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