Newsletter – February 12, 2024

AIR FREIGHT UPDATES

Passenger travel powers cargo operations
aircargoweek.com
With travel effectively back to pre-pandemic levels globally, airports have shifted their focus back to passenger operations, putting a squeeze on freighter-only operations. As the industry settles into its next chapter, the winners seem to be those who can combine both passenger and cargo operations to ensure connectivity in key destinations, guaranteeing coverage into the future. Read more here.

Surge in air cargo volumes sees flow into Dubai suspended for 48 hours
theloadstar.com
Cargo stakeholders – trying to deal with the Red Sea crisis-linked supply chain challenges – now face disruption on alternative supply chain modes.
Air cargo movement into Dubai – a major global trade hub – has been affected by a surge in volumes, forcing cargo terminal operator dnata to suspend inbound flows for 48 hours. Read more here (login required).

OCEAN FREIGHT UPDATES

Atlantic Ocean is Headed For a Tipping Point
maritime-executive.com
Superstorms, abrupt climate shifts and New York City frozen in ice. That’s how the blockbuster Hollywood movie “The Day After Tomorrow” depicted an abrupt shutdown of the Atlantic Ocean’s circulation and the catastrophic consequences.
While Hollywood’s vision was over the top, the 2004 movie raised a serious question: If global warming shuts down the Atlantic Meridional Overturning Circulation, which is crucial for carrying heat from the tropics to the northern latitudes, how abrupt and severe would the climate changes be? Read more here.

Enter the dragon
splash247.com
Forecasting is getting a much more complicated business. With 40 national elections due to take place this year, a more tense geopolitical situation than many of us have ever witnessed and plenty of economic headwinds to contend with, professional analysts and soothsayers have got their work cut out to provide accurate guidance for the year ahead. As the Year of the Dragon approaches, Splash Extra pushed the spreadsheets and reports to one side and sought predictions based on the principles of Chinese Feng Shui. Read more here.

GROUND AND RAIL FREIGHT UPDATES

Major delays in cross-border cargo flow after glitch in Mexican customs system
theloadstar.com
A seemingly unceasing series of glitches in the computer system of Mexico’s National Customs Agency (ANAM) disrupted freight movements in and out of the country for up to three days last week.
Worst affected were truck moves across the US border, but ports and airports also experienced problems. Read more here.