Newsletter – July 31, 2020

  • Newsletter – July 31, 2020


    Market talk: Looks like air freight will be oh, so quiet in August
    It’s only anecdotal, but forwarders are reporting the likelihood of a quiet August in air freight.
    Rates next month look set to fall, with prices currently being quoted by airlines at normal August rates, although some pockets of high prices remain. Read more here.


    Violence erupts near Montreal port amid strike, four terminals remain closed Friday
    MONTREAL – Montreal police are investigating a confrontation between dockworkers and port managers that erupted in violence Wednesday night amid a longshoremen strike.
    Police received a call at around 7 p.m. that a crowd of dockworkers had threatened and attacked Montreal port executives and their security guards near the Olympic Stadium, said police spokeswoman Caroline Chevrefils. Read more here.

    MSC Provides Additional Import Container Demurrage Free Time in Vancouver
    MSC Canada will be extending its import container demurrage free time by two calendar days (i.e., now day after discharge + 7 days) for all dry and special containers (with the exception of refrigerated containers) with a load date of July 1st, 2020 at origin, discharging in Vancouver as the final destination.

    Liners wary as rates come under pressure with tonnage being reintroduced fast
    The inactive containership fleet fell to 313 ships – equivalent to around 1,555,959 teu as of 20 July, representing 6.6% of the total containership fleet capacity, according to the latest numbers from Alphaliner. Liners have reactivated around 1m teu of capacity in the space of just one month. Read more here.

    Misery deepens for French ports with pandemic following strikes
    Herve Martel had barely begun reaching out to irate clients to win back business after a crippling strike at his port ended in January when the pandemic hit French shores, and global trade fell off a cliff.
    The chief executive officer of the Port of Marseille Fos has been struggling to claw back lost ground ever since, and it’s been a challenge. Read more here.


    ‘Ice jacking’ caused CN derailment
    TORONTO – A freight-train derailment in northwestern Ontario that led to a significant oil spill this winter was caused by a phenomenon known as “ice jacking,” federal investigators reported on Thursday.
    The report by the Transportation Safety Board of Canada concludes the rails had loosened due to a buildup of snow and ice underneath, making them susceptible to “gauge spreading” under the train’s weight. Read more here.


    The pandemic has complicated the WMS procurement process
    efore the coronavirus pandemic, many retailers saw warehouse management systems (WMS) as an important investment area. The State of Retailing Online 2020 report from the National Retail Federation and Forrester found 73% of retailers are investing in WMS. And 63% of respondents said WMS technology expense was simply the cost of doing business, according to the survey. Read more here.

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