Newsletter – July 15, 2019

  • Newsletter – July 15, 2019

    AIR FREIGHT UPDATES

    When Will Canada Jetlines Launch Flights?
    simpleflying.com
    It has been a long and winding road for Canada Jetlines. On paper, the airline has been around since 2006. It has proved proficient at garnering media attention and making exciting announcements – often prematurely.  Read more here.

    Korean Air Cargo suspends transport and cargo handling services at three hubs
    theloadstar.com
    Korean Air, which saw first-quarter cargo revenue fall 7.6% year on year, is to suspend its services at cargo terminals in three cities.
    In a bid to improve its financial position, the carrier said it would stop transport and cargo handling services at Gwangju, Cheongju and Daegu on October 1.  Read more here.

    OCEAN FREIGHT UPDATES

    Port Report: Shipping lines, ports pledge support to blockchain group
    freightwaves.com
    Four of the largest shipping lines and five ports operators committed to support a blockchain development platform for the shipping industry. Read more here.

    Warning over end-to-end container shipping integration
    lloydsloadingist.com

    Moves by container shipping carriers and terminal operators to extend their scope to a wider supply chain is a risky business, says Drewry’s managing director Tim Power. Read more here.


    Hapag-Lloyd and ONE expand services for Africa market with new launch
    theloadstar.com
    THE Alliance members Hapag-Lloyd and Ocean Network Express (ONE) have continued the strategy of extending a joint offering into secondary trades, today announcing the launch of a service connecting India, the Middle East and Africa. Read more here (login required).

    GROUND AND RAIL FREIGHT UPDATES

    French hauliers consult on roadblock protests
    lloydsloadinglist.com
    French road haulage firms have not ruled out blocking roads in the coming weeks as they mull staging industrial action in protest against a government move to reduce tax breaks on diesel fuel granted to the sector. Read more here.

    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

    China economy reports lowest GDP growth on record for second quarter as US trade war bites
    scmp.com
    Here is first-hand proof that there are no winners in a trade war. While China’s trade deficit with the US may have expanded despite the introduction of tariffs earlier year, its economy is beginning to hurt. Read more here.

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