Newsletter – July 10, 2020

AIR FREIGHT UPDATES

Canadian perishables shippers turn to domestic market as global goes cold

theloadstar.com

Low-cost passenger airlines usually are not in the running when perishables specialists look for capacity, but these are unusual times.

Canadian forwarder Flying Fresh Air Freight is exploring using Edmonton-based Flair Airlines for lift from the west coast to Toronto. Read more here.

Airlines Given 15 Days To Move Passengers Between UAE & India

simpleflying.com

India and UAE have come to an agreement to allow airlines from both countries to operate charter flights. Passengers will be able to travel to and from the UAE now, meeting the high demand for the route. The agreement comes into effect from July 12th and will end on 26th July, giving travelers 15 days to get a flight. Read more here.

Covid crisis triggers A340 pax-to-freighter conversions

lloydsloadinglist.com

European Aviation Group (EAG) is planning to permanently convert up to 10 A340-600 passenger aircraft – the world’s longest commercial airliner – into freighters in anticipation of strong demand for all-cargo aircraft capacity continuing at least into next year. Read more here.

Manston Airport owner gets green light to develop a new air freight hub

theloadstar.com

The industry has cautiously welcomed news that the UK’s Manston Airport has been given the go-ahead to become an international air freight hub, with cargo services set to begin in the first quarter of 2023. Read more here.

OCEAN FREIGHT UPDATES

Supply chain shifts from China boost US Southeast, Gulf ports — CBRE

freightwaves.com

U.S. Southeast and Gulf Coast seaports and industrial distribution hubs will be the prime beneficiaries of U.S. firms shifting supply chains from China due to disruptions from the coronavirus pandemic and higher tariffs from the U.S-China trade war, according to a report published Thursday by real estate and logistics services giant CBRE Inc. Read more here.

Short-term GHG measures jostle for position at IMO

splash247.com

The International Maritime Organization’s (IMO) week-long informal, virtual discussions with stakeholders over short-term measures to cut greenhouse gas emissions from shipping have covered a huge amount of ground, without a frontrunner solution taking the lead. Read more here.

GROUND AND RAIL FREIGHT UPDATES

Coronavirus may have cost global haulage industry more than €550bn

theloadstar.com

The road freight industry has lost over half a trillion euros in revenue due to the coronavirus pandemic, new research from the International Road Transport Union (IRU) has found. Read more here.

CANADA BUSINESS – GOVERNMENT UPDATES

Canada adds 952,900 jobs in June, blowing past monthly estimates

bnnbloomberg.ca

Canada’s economy created 952,900 new jobs in June in a flurry of rehiring as lockdown restrictions began to ease.

The gains, which add to the 290,000 jobs created in May, lowered the nation’s unemployment rate to 12.3 per cent, from 13.7 per cent the previous month, Statistics Canada said Friday in Ottawa. Economists expected a 700,000 increase and a jobless rate of 12.1 per cent. Read more here.