Newsletter – December 10, 2018
AIR FREIGHT UPDATES
Airlines call on EU governments to tackle air traffic management problems
Airlines for Europe (A4E) is urging the EU and national governments to take swift and decisive action to reform Europe’s Air Traffic Management (ATM) system as 2018 is shaping up to be the worst year for ATC delays and flight cancellations in nearly a decade. Read more here.
Going green with cardboard pallets
Environmental concerns and a drive for lower cost logistics have seen increased demand for airfreight pallets made of recyclable corrugated cardboard.
Lufthansa Cargo’s ULD management company, Jettainer, has entered into a sales partnership with German start-up trilatec for its squAIR-timber paper-based product. Read more here.
Transpacific airfreight rates breach $5 per kg mark in November
Airfreight rates continued to steadily rise in November as the peak season rolled in, with prices on the transpacific trade lane breaching the $5 per kg mark.
The latest numbers from the Tac Index show that prices on services from Hong Kong to North America reached an average of $5.37 per kg during November, an increase of 11.2% year on year. Read more here.
OCEAN FREIGHT UPDATES
FMC to standardise container detention and demurrage across the US
US shipping regulatory body the Federal Maritime Commission (FMC) is to introduce revised rules covering container detention and demurrage practices across the country after commissioner Rebecca Dye released the results of an eight-month investigation into how carrier and container terminal apply the charges. Read more here.
Moody’s downgrades Maersk’s credit rating amid fears for box shipping sector
Maersk has had its credit rating cut by ratings agency Moody’s to one grade above junk, with the agency concerned about a “significant downside” for the container industry. Read more here.
Paris group explores new urban river delivery option
Against the backdrop of a booming e-commerce activity and heavily-congested road networks in and around Paris, a consortium of French businesses, led by engineering firm, Segula and energy group GRDF, have developed an urban logistics concept, Green Deliriver, to make use of inland waterways to transport goods from the outskirts of the French capital directly into the city centre via the river Seine using a ‘shuttle boat’. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Canadian e-commerce boom helps fuel direct Vancouver freighter call
Canada’s rising tide of e-commerce was a key factor in the launch of a direct DHL Express flight into Vancouver from the integrator’s US hub in Cincinnati. Read more here.