Newsletter – September 2, 2020

AIR FREIGHT UPDATES

Airfreight rates on the up in August

aircargonews.net

Air cargo rates on some of the world’s busiest routes began to pick up again in August while the outlook remains uncertain.

The latest figures from Tac Index show that prices on services from Hong Kong to both North America and Europe increased in August compared with both a month earlier and a year ago. Read more here.

The impact of weather on air cargo operations

aircargonews.net

When it comes to the impact of lightning, hail, snow, or even high winds, airfreight companies must adjust and adapt quickly. This is exactly why weather intelligence is becoming even more important to the airfreight industry. Read more here.

OCEAN FREIGHT UPDATES

Carriers follow through with capacity discipline and blank more sailings

theloadstar.com

Ocean carriers are continuing with their “cautious” approach to capacity management, announcing a new series of blanked sailings in October.

Both the 2M and THE alliances have withdrawn headhaul capacity in weeks 40 to 44 to mitigate expected reduced demand due to the Chinese Golden Week holiday, the first week of next month. Read more here.

Livestock carrier goes missing with 43 crew onboard

splash247.com

Japan’s coastguard is searching for 2002-built livestock carrier Gulf Livestock 1 after receiving a distress call from the vessel early this morning.

The livestock carrier had 43 crew members onboard and was loaded with 5,800 cattle. Read more here.

Cargill invests in Maersk Tankers spinoff ZeroNorth

splash247.com

Cargill has signed a strategic partnership deal which will see it invest in Maersk Tankers’ digital solutions spinoff ZeroNorth and commit its entire operated fleet to using ZeroNorth’s Optimise software to reduce CO2 emissions through digital technology. Read more here.

Global ports will need massive expansion to cope with rising sea levels

insidelogistics.ca

Increased traffic through ports will require doubling or quadrupling port areas

Seaport footprints will need to expand by up to 3,689 square kilometers (1,424 square miles) worldwide in the next three decades to cope with the combination of sea-level rise and rising demand. Read more here.

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

Pandemic accelerates cool chain flows, but pushes up costs, reveals survey

theloadstar.com

Global cool chains are poised to get faster and shorter as e-commerce rapidly comes to the fore in the Covid-19 era.

A survey published by the Global Cold Chain Alliance (GCCA) finds the pandemic has turbo-charged online sales and direct deliveries to consumers of chilled or frozen food, accelerating flows. Read more here.