Newsletter – September 17, 2019
AIR FREIGHT UPDATES
Air Canada Cargo’s drone arm takes off with first commercial customertheloadstar.comDrone Delivery Canada (DDC) and its marketing arm, Air Canada Cargo, are on the taxiway to commercial operations. The pair have announced the first commercial customer for the fledgling drone company, with operations set to commence next month. Read more here.
OCEAN FREIGHT UPDATES
FMC’s container availability ‘interpretive’ rule up for reviewfreightwaves.comThe Federal Maritime Commission welcomes container shipping industry’s comments on recommendations to bring clarity and fairness to the assessment of demurrage and detention fees. Read more here
Failure to recoup increased low sulphur fuel costs could see lines blanking more sailingstheloadstar.comWith IMO 2020 0.5% sulphur cap on marine fuel just over 100 days from becoming law a leading shipping analyst has warned shippers that it is vital that ocean carriers succeed in obtaining their interim BAF surcharges. Read more here (login required).
Marine Insurance Premiums See Modest Increase Amid Market Uncertainty -IUMIgcaptain.comMarine underwriting premiums rose by just one percent last year, but future market development remains uncertain as the marine insurance sector faces significant challenges, the International Union of Marine Insurance said Monday. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
U.S. postal treaty exit would hurt Canadian e-commerce businessescanadianshipper.comMontreal, QC — U.S. President Donald Trump’s push to withdraw from an international postal treaty could have a big impact on Canadian e-commerce companies that ship small goods from China to the U.S. Read more here.