Newsletter – April 29, 2020

AIR FREIGHT UPDATES

Immediate and Severe Air Cargo Capacity Crunch

iata.org

Geneva – The International Air Transport Association (IATA) released data for March air cargo performance demonstrating a severe capacity shortfall.

-Global demand, measured in cargo tonne kilometers (CTKs*), fell by 15.2% in March compared to the previous year (-15.8% for international markets). Read more here.

Beware Airlines Selling Tickets For Flights That Will Never Take Off

forbes.com

When I start, in late March, looking around for a flight back to Paris from Sydney, I face all the COVID-19 flying demons. First of all, the difficulty of getting a flight, among the very slim pickings, due to the Australian and global travel bans. Read more here.

OCEAN FREIGHT UPDATES

Hapag-Lloyd puts megamax orders on ice

splash247.com

Hamburg-based Hapag-Lloyd has put its 23,000 teu newbuild plans on ice as the liner faces up to the realities of plummeting demand for container transport thanks to the coronavirus. Read more here.

Singapore detains two vessels for using non-compliant fuel

splash247.com

The Maritime and Port Authority of Singapore (MPA) has reported two vessel detentions for using non-compliant fuel in the first quarter to ensure the implementation of IMO 2020 sulphur regulations. Read more here.

New York court gives Maersk the go-ahead to move terminals

splash247.com

A New York District Court has ruled against Staten Island’s Global Container Terminal’s request for a restraining order regarding Maersk’s announced transfer of three services from GCT’s terminal over to APM Terminals Elizabeth in New Jersey. Read more here.

Port of Oakland bracing for ‘new normal’

freightwaves.com

The Port of Oakland’s business development manager expects links in supply chains will be remolded even after stay-at-home orders are lifted.

“We’ll be facing a new normal,” Andrew Hwang told the Harbor Trucking Association in a video conference. “Distribution patterns will change. … It won’t be like it was.” Read more here.

CANADA BUSINESS – GOVERNMENT UPDATES

Christmas-level parcel volumes resulting in delays as Canada Post continues to deliver

canadianshipper.com

Ottawa, ON — With many Canadians isolating at home and shopping more online, Canada Post is now processing and delivering parcels at levels only experienced during the busiest weeks of the Christmas season. Read more here.

INTERNATIONAL****BUSINESS – GOVERNMENT UPDATES

Disrupted supply chains strain trade among US, Mexico and Canada

freightwaves.com

As the coronavirus continues to impact global economies, Resilience360 recently rolled out several new reports aimed at helping companies monitor risks to their supply chains.

Resilience360’s COVID-19 Outbreak in the U.S. and Canada: Impact on North American Supply Chain Operations analyzes key challenges that cross-border operators in Canada and the United States face. Read more here.