Newsletter – November 16, 2020
AIR FREIGHT UPDATES
IATA addresses vaccine transportation challenges with new guidanceaircargonews.netIATA has published guidance for the air cargo industry to follow when transporting Covid-19 vaccines to ensure that they are moved safely and securely in what it says is the “largest and most complex global logistics operation ever undertaken”.The Guidance for Vaccine and Pharmaceutical Logistics and Distribution addresses how key challenges can be dealt with when moving the vaccine. Read more here.
A third of the world’s air routes have been lost due to Covidajot.comBefore the coronavirus, a decades-long aviation boom spawned a network of nearly 50,000 air routes that traversed the world. In less than a year, the pandemic has wiped almost a third of them off the map. Read more here.
OCEAN FREIGHT UPDATES
PIL warns of liquidation risksplash247.comSS Teo-led Pacific International Lines (PIL) has detailed how it intends to restructure and carry on business, urging noteholders to avoid pushing for a liquidation of the under pressure liner company. Read more here.
India’s box throughput up 9pc in Oct after six months of volume declinesseanews.com.trCONTAINERISED shipments through Indian ports are seeing a stronger-than-expected sequential rebound after nose diving during Covid-19 lockdowns.Total throughput in and out of the country’s ports reached 1.57 million TEU in October, up 9 per cent from September and 14.6 per cent from August, according to an IHS Media analysis of port authority data. Read more here.
Supply chains near break point amid service disruptionslloydsloadinglist.comA failure to forecast the massive demand swings during the pandemic is now pushing maritime supply chains to breaking point, and there is little clarity on when the situation will improve.“In the space of a couple of months we went from a complete collapse in demand, and requests from customers to delay cargo in transit because the shops were closed, to a situation where there are almost no ships idle,” said Drewry senior consultant Stijn Rubens. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Covid-19 affecting cargo theft trendstrucknews.comTORONTO, Ont. – North American cargo theft is on the rise this year, and the Covid-19 pandemic caused a spike in cargo crime in April.April 2020 saw a 107% jump in cargo thefts compared to April 2019, according to CargoNet, which gave an update during its Cargo Theft and Transportation Summit Nov. 10. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Adoption of workflow automation solutions spikes after COVID-19freightwaves.comIt’s no surprise that COVID-19 has accelerated technology adoption within the transportation and logistics industry. In March 2020, the sharing of office equipment, workspaces and paper documents began to incite acute fear around the spreading of infection. As a result, entire companies transitioned to working from home. Read more here.
China adds cold chain “disinfection” requirementsworldcargonews.comChina’s State Council has issued a new “Comprehensive Disinfection Work Plan for imported cold chain food”. This follows reports that a person in Tainjin became infected with COVID-19 that was carried on the packaging of frozen pork imported from Germany. Read more here (login required).
E-Commerce Is Reshaping Direct-To-Consumer Fulfillmentforbes.comE-commerce is in the midst of a long-term, sustained, global growth trend that is transforming the retail landscape as well as retail fulfillment operations. Although the trend is global, the US Census Bureau provides detailed, official domestic estimates that assist in quantifying the magnitude of this transformation. Total US retail sales grew at an average annual rate (CAGR) of 3.4 percent from 2013 to 2018. Read more here.