Newsletter – July 30, 3030
OCEAN FREIGHT UPDATES
Strike at Montreal port to extend for a fifth daysplash247.comFurther to the strike action announced by the Montreal Longshore Union CUPE 375, which started at 07:00 on Monday, and is scheduled to end at 06:59 on Friday, the Port of Montreal Checkers Union’s Executive committee has announced a separate 24-hour strike that will begin at 05:59 tomorrow and end at 05:59 on Saturday.Terminals will remain closed for all activity during this separate 24-hour strike.The dispute centres mainly on working hours and long-running negotiations for a new collective agreement. Read more here.
Ocean liner reliability continues to improve
The latest ocean liner data on reliability reveals that service standards improved throughout the second quarter as demand picked up, although they still lag significantly behind those of 2019. Read more here.
Xiamen port gets official nod to add new automated container berthseanews.com.trCHINA’s Xiamen port has received approval from the Ministry of Transport to construct a new automated container berth.The no5 container berth, located at Xiang’an port area of Xiamen port, is a 200,000 tonne-class automated container berth, with a designed annual handling capacity of 910,000 TEU. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Are shopping malls set to make way for distribution centres?theloadstsar.comThe surge in online shopping the Covid-19 pandemic has caused is putting tremendous pressure on the retail sector, further undermining the strength of the bricks-and-mortar channel. Read more here.
Supply chain changes due to pandemic will be permanent: surveyinsidelogistics.caSTAMFORD, UK – Almost half of businesses say it will take 12 months or more before supply chains return to pre-pandemic levels.A new poll by the Chartered Institute of Procurement & Supply (CIPS) has found that the disruption caused by Covid-19 will lead to permanent changes in global supply chains, as businesses look to adapt to new ways of working and managing the varying stages of lockdown around the world. Read more here.
Chinese factories see September orders slowcontainer-news.comSurveys conducted by US based freight forwarders are showing that factories in China could be experiencing a slow in orders that will hit the maritime container industry in September.According to consultant Jon Monroe, in order to get an accurate understanding of the near future demand factory orders can offer an early warning as these orders are made up to 60 days before cargo is loaded onto vessels. Read more here.