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Newsletter – August 22, 2019
AIR FREIGHT UPDATES
Battle For London Gatwick As China Eastern Ups Shanghai Flights Following Air China
simpleflying.comThe battle to be the top carrier between London and Shanghai is set to intensify. Yesterday, we reported that Air China was to fly its Airbus A350 between Shanghai and London Gatwick. Now, China Eastern is set to up its offering on the route alongside the new Air China Flights. Read more here.
India Government Ready To Sell 95% Stake In Air India
simpleflying.comReports in India suggest that the Indian government has paved the way for 95% of Air India to be sold to private investors. Read more here.
How The Hong Kong Protests Are Affecting Airlines
simplefyling.comThe rolling protests in Hong Kong are having a big impact on the city, its airport, and the airlines that fly in. Cathay Pacific is being hit particularly hard. Forward airline bookings are down and the critical inbound tourism market is jittery. Did anyone think those initial street protests would have such widespread ramifications and garner so much attention? Read more here.
OCEAN FREIGHT UPDATES
The top 10 risks for container terminals
lloydsloadinglist.comTT Club continually seeks to understand the risks faced in the transport and logistics industry, providing relevant and targeted loss prevention advice to operators as appropriate. This article focuses on the findings of recent analysis into the risks faced by container terminals. Read more here.
MSC unveils its newest boxship: greener, safer, more efficient and bigger
theloadstar.comMSC has revised the official capacity of its new ULCV, MSC Gulsun, by an additional 805 teu, to 23,765 teu, making it more than 2,000 teu larger than the biggest ships operated by its competitors. Read more here (login required).
GROUND & RAIL FREIGHT UPDATES
Removal of trucking capacity supports stronger rates moving forwards
seanews.com.trTRUCKING carriers in the US are continuing their exodus of the market due to a number of factors, including the regulatory environment, low rates, inflated wages and high insurance costs. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Trans Mountain resumes pipeline expansion
freightwaves.comTrans Mountain Corporation moved to resume the expansion of its pipeline, which promises to triple the amount moving from Alberta to British Columbia by mid-2022.Trans Mountain, owned by the Canadian government, announced on August 21 that it issued directives to contractors to mobilize for the expansion in September. Read more here.