Newsletter – October 17, 2018

AIR FREIGHT UPDATES

Boeing: Demand for 2,600 new or converted freighters over next 20 years

aircargones.net

Boeing projects that air cargo operators will need more than 2,600 new or converted freighters over the next two decades to keep up with increasing global freight traffic, which is expected to double with 4.2% growth annually. Read more here.

Singapore Air Relaunches Longest Non-stop Flight

news.airwise.com

Singapore Airlines has regained the crown of operator of the world’s longest commercial flight with today’s Airbus A350 arrival into Newark. Read more here.

OCEAN FREIGHT UPDATES

Front-loading boon for Transpacific box trade

lloydsloadinglist.com

US importers will continue replenishing inventories before higher tariffs are introduced on Chinese products at the start of 2019. Yet while this will keep spot freight rates on transpacific trades at healthy levels for lines in the fourth quarter, the outlook for the Asia-Europe trade is not so positive, according to Maritime Strategies International. Read more here.

Blockchain: is it really the panacea for container supply chains?

theloadstar.co.uk

The benefits of blockchain-backed applications for container shipping came under the spotlight at the TPM Asia conference in Shenzhen last week.

And not all stakeholders are convinced this budding technology is the answer to the industry’s data sharing conundrum. Read more here.

Japan’s Ocean Network Express feeders join Hapag-Lloyd’s

shipppingazette.com

JAPAN’s Ocean Network Express (ONE) has entered into a bilateral feeder network operation with German shipping giant Hapag-Lloyd.

“With Hapag-Lloyd, Ocean Network Express will continue to enrich our feeder network portfolio and provide premium service to our respective customers,” said ONE chief executive Jeremy Nixon. Read more here.

CANADA GOVERNMENT – BUSINESS UPDATES

Postal union issues strike notices, could start rotating job action Monday

canadianshipper.com

Ottawa, ON — The Canadian Union of Postal Workers said Tuesday it has given strike notice to Canada Post that workers could walk off the job as early as next week. Read more here. Ottawa, ON — The Canadian Union of Postal Workers said Tuesday it has given strike notice to Canada Post that workers could walk off the job as early as next week. Read more here.