Newsletter – October 23, 2020
AIR FREIGHT UPDATES
Warning to air charterers: phantom freighter scams on the risetheloadstar.comThe dearth of air freight capacity has led to an increasing number of offers for freighters that either do not exist, or are parked in the desert not ready to fly.Charter brokers claim scams became prevalent during the PPE rush, as governments and inexperienced bookers urgently sought capacity.“Regretfully, it’s becoming more common,” explained charter veteran Steve Manser. Read more here.
‘Biggest product launch in the history of mankind’ set to hit general cargoaircargonews.netGeneral cargo shippers using airfreight when a Covid-19 vaccine is launched are set to face capacity shortages and price hikes.During the recent joint TIACA and Pharma.Aero project Sunrays Project webinar, participants were asked what would happen with general cargo when a vaccine begins to be shipped. Read more here.
OCEAN FREIGHT UPDATES
Prioritizing Critical Cargoport-montreal.comCargoM, the Port of Montreal and their partners are ramping up to deploy the priority cargo handling system on a large scale.Developed last spring through a partnership between the Port, CargoM, Termont, MGTP, Scale AI and Ivado Labs to tackle the COVID-19 pandemic, the system, named CargO2ai, uses artificial intelligence to quickly identify and prioritize the critical cargo that Canadians need. Read more here.
Container cargo on the Great Lakes for the first time in over a decadeajot.comOn the morning of October 20, 2020, the general cargo ship Claude A. Desgagnés departed from the Port of Montreal bound for Toronto.This is the first time in over a decade that such a shipment has happened. In fact, the practice of container cabotage from Montreal to the Great Lakes has been abandoned since the early 1980s. Read more here.
Bangladesh authorities agree cost-saving round-trip container usetheloadstar.comAfter calls from shippers, the Bangladesh government has approved the round-trip use of containers, which is expected to cut lead times and transport costs significantly.Lead times remain a major concern for Bangladeshi shippers, especially in the apparel sector with their main destinations being western countries. Bangladesh is the second-largest apparel exporter in the world. Read more here.
GROUND AND RAIL FREIGHT UPDATES
CN Brampton/Malport Intermodal Terminal – Storage Relief for Weekend Pickupsciffa.comCN continues to encourage customers to leverage weekends to pick up import loads in order to mitigate elevated carter times.In order to support this initiative, CN is offering storage relief of $150 per day for a maximum of 7 days ($1,050) on any containers that have incurred storage, if the unit is picked up between Friday, October 23 at 20:00 and Monday, October 26 at 04:00.This one-time relief will be offered to the guaranteeing party only.
European available road freight capacity dips sharply, raising priceslloydsloadinglist.comEuropean available road freight capacity on the spot market dipped sharply in September on the same month last year, falling by almost 14%, according to the latest Transport Market Monitor published by German cloud-based logistics software provider Transporeon and its subsidiary Tim Consult. Read more here.