Newsletter – October 19, 2018

AIR FREIGHT UPDATES

NCA resumes operations between Narita and Europe

lloydsloadinglist.com

Nippon 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 alliances

lloydsloadinglist.com

Shipper 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-high

lloydsloadinglist.com

THE 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.com

Yamato 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.