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Newsletter – August 9, 2019
AIR FREIGHT UPDATES
The Potential Effect Of Hong Kong Protests On Cathay Pacific
simpleflyling.comHong Kong airline Cathay Pacific had just managed to return to profits posting better than expected earnings numbers for the first half of the year, but is warning investors of the potential effect of the Hong Kong protests. Read more here.
GROUND AND RAIL FREIGHT UPDATES
CN and CSX announce new intermodal service offering
canadianshipper.comMontreal, QC —CN and CSX announced a new intermodal service offering between CN’s greater Montreal & Southern Ontario areas, and the CSX-served ports of Philadelphia, New York, New Jersey and the New York City metropolitan area. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Two typhoons menace Asian sea freight centers
freightwaves.comMany of north-east Asia’s mega ports are directly in the path of two super-typhoons. The first is about to blow in from the Pacific and make landfall within the next few hours. Read more here.
As U.S. and China lock horns in worsening trade battle, Canadian business investment feels the fallout
business.financialpost.comA sharp escalation in U.S.-China trade tensions will likely dampen commodity prices and keep Canadian capital investments in a tight holding pattern when they ought to be taking off, analysts say. Read more here.