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Newsletter – October 19, 2018
AIR FREIGHT UPDATES
NCA resumes operations between Narita and Europelloydsloadinglist.comNippon Cargo Airlines (NCA) has re-launched flights to and from Europe for the first time since the Japanese cargo airline grounded its entire fleet of 11 B747 freighters in mid-June because of concerns about its maintenance records. Read more here.
OCEAN FREIGHT UPDATES
Shippers should acknowledge the value of box shipping allianceslloydsloadinglist.comShipper representatives calling for an end to the competition exemption that allows container shipping lines to cooperate within alliances or consortia should be careful what they wish for – they could end up with less choice, lower-quality services and higher freight costs, according to a senior container shipping consultant. Read more here.
Benchmark transpacific freight rate at year-highlloydsloadinglist.comTHE latest weekly Hong Kong-Los Angeles bencmark container rate has spiked 11% from the week before according to Drewry’s Container Freight Rate Insight, reflecting the recent moves by liners to limit capacity. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Yamato to team up with Bell to produce a ‘flying truck’the-japan-news.comYamato Holdings Co. has reached a basic agreement with a major U.S. helicopter manufacturer to develop an unmanned “flying truck” capable of transporting goods via air, Yamato announced Friday. It aims to start commercial use of the vehicles by the mid-2020s. Read more here.