Newsletter – November 25, 2020
AIR FREIGHT UPDATES
Japanese Government Suggests Merging ANA & Japan Airlinessimpleflying.comA Japanese government advisor has suggested that ANA and Japan Airlines should consider merging as the crisis continues. With both carriers needing government aid in the coming months, it might make sense for them to merge. The news comes weeks after South Korean giants Korean Air and Asiana announced merger plans as well. Read more here.
IATA Expects More Latin American Carriers To File For Bankruptcysimpleflying.com
The International Air Travel Association (IATA) expects more Latin American carriers to start bankruptcy protection processes due to the current crisis of COVID-19. So far, three airlines have filed for Chapter 11 reorganizations in the US. But, more airlines in the region have been deeply affected by the pandemic, pushing them to stop flying altogether. Read more here.
IATA chief Alexandre de Juniac quits, IAG’s Walsh steps upseanews.com.trTHE International Air Transport Association (IATA) announced that Alexandre de Juniac, Director General and CEO will step down from his role at the Association effective March 31.Mr de Juniac made known his intention to step down from the Association several months ago which enabled a search process to facilitate a smooth leadership transition. Read more here.
OCEAN FREIGHT UPDATES
5 maritime sustainability trends for 2021freightwaves.comAccording to the Environmental Defense Fund (EDF), “ships transport roughly 90% of world trade and account for 3% of global greenhouse gas emissions.” The International Maritime Organization (IMO) is having a large impact on sustainable operations for ocean freight. Here are five environmental sustainability trends coming in 2021. Read more here.
Reefer capacity tapped out prior to vaccine releasefreigthwaves.comThe national reefer — industry slang for temperature-controlled trailers — rejection index (ROTRI) topped 48% for the first time since the index’s creation this week, which could move even higher once the vaccine for COVID-19 begins being distributed in the coming months. This means that shippers that utilize temperature-controlled equipment should be prepared to continue paying premiums for this service for the foreseeable future. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Truck drivers on list for potential COVID-19 vaccine priorityfreightwaves.comTruck drivers and other transportation workers deemed “essential” by the U.S. government could be among the first to receive a COVID-19 vaccine if supplies are limited. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Tougher US drug legislation set to derail millions of parcels on 1 Jantheloadstar.comE-commerce through international mail is headed for a collision with a serious obstacle in the new year.Large numbers of parcels headed for the US are likely to be rejected as, from 1 January, full and correct advance data sets of all incoming packages through the mail will be mandatory. Read more here.
UPS ramps up dry ice production ahead of Covid-19 vaccinesaircargonews.netExpress firm UPS is ramping up its dry ice production capability as part of efforts to prepare for the launch of Covid-19 vaccines over the coming months.The company said that its UPS Healthcare division now can produce up to 544kgs of dry ice per hour in its US facilities to support the storage and transportation of cold chain products, such as frozen vaccines. Read more here.