Newsletter – September 20, 2018
AIR FREIGHT UPDATESQatar Airways takes delivery of two more B777Fsaircargonews.netQatar Airways has taken delivery of two more Boeing 777 freighters, in what the airline has described as a “further sign of the airline’s continued investment in its fleet and commitment to securing its position as the world’s leading cargo carrier”. Read more here.
OCEAN FREIGHT UPDATESAnalysis: CMA CGM is ‘looking for opportunities’ – Zim or Evergreen?theloadstar.co.ukOn a straight comparable basis, the second-quarter results from CMA CGM were abysmal; confirming that 2017 was a peak year in terms of free cash flow and profitability for the French carrier. Read more here (login required).
CMA CGM announces cancellation of the Port Congestion Surcharge in Myanmarajot.comCMA CGM informs its customers that considering the improvement of the congestion in Myanmar ports, the Port Congestion Surcharge that had been implemented on June 1st, 2018 will be removed as from October 1st, 2018.
GROUND AND RAIL FREIGHT UPDATESBombardier’s new battery-powered train takes to the rails in Berlinseanews.com.trBOMBARDIER Inc has launched a battery-powered train in Germany to operate passenger services in Europe. Developed in Berlin the train runs on batteries with a range of 40 kilometres between charges, but next year its range will be extended to 100 kilometres with upgraded batteries. Read more here.