Newsletter – December 11, 2018
AIR FREIGHT UPDATES
China-US trade uncertainty keeps Cargolux’s JV cargo airline on the back burner
We are in a time of political uncertainty (especially if you happen to be in the UK today); but more challenging for the supply chain are US-China relations, which look complex, with no real resolution on any matter in sight. Read more here.
OCEAN FREIGHT UPDATES
ONE joins rivals’ bunker surcharge strategy
OCEAN Network Express has become the latest container line to reveal details of its revised pricing mechanism for customers ahead of the 2020 sulphur cap. Read more here.
Pre-January frontloading drives record US Q4 box imports
The frontloading of US imports from China in a bid to beat China-US tariffs next year are forecast to see record container imports this quarter. Read more here.
Maersk aims to cover itself with an alternative to cargo insurance
Maersk Line is launching what it claims is an alternative to cargo insurance in response to the rising number of shipments consigned without cover. Read more here.
GROUND AND RAIL FREIGHT UPDATES
US intermodal cost surge sparks new approach from Maersk
A year of spiralling trucking costs and capacity shortages in the US will see Maersk Line radically change its approach to supplying intermodal truck and rail solutions when it opens annual contract negotiations with shippers next year. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
China-US trade war providing a business bonus for South-east Asian exporters
Shippers serving the US import market may have already begun voting with their feet and moving production out of China in response to the looming threat of a full-blown trade war between the world’s largest two economies. Read more here.