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08
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Newsletter – August 8, 2019
AIR FREIGHT UPDATES
BA IT Failure Causes London Flight Disruption
news.airwise.comBritish Airways said it is planning to operate its normal flight schedule on Thursday after a computer problem caused delays and disruption at London airports. Read more here.
OCEAN FREIGHT UPDATES
Carriers to fine rogue shippers for misdeclared goods in containers
theloadstar.comCarriers are cracking down on rogue shippers by threatening significant financial penalties for misdeclared shipments, following a series of vessel fires.Evergreen was first out of the gates announcing fines, ranging from $4,000 to $35,000, for misdeclarations (see below), with Hapag-Lloyd and OOCL following suit. Read more here.
GROUND AND RAIL FREIGHT UPDATES
CP announces organizational changes
canadianshipper.comCalgary, AB —Canadian Pacific Railway announced organizational changes that it says will drive continued success. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Canadian shipping sector welcomes government plan to build icebreakers
seanews.com.trTHE Canadian shipping industry welcomed the federal government announcement to launch a competitive process to build six new icebreakers to operate in the St Lawrence, Atlantic Canada and the Arctic, reports the American Journal of Transportation. Read more here.
Funding to address rail bottlenecks near Vancouver port
canadianshipper.comAbbotsford, BC — Marc Garneau, Minister of Transport announced a major investment of $20 million to increase rail capacity near Abbotsford resulting in a significant increase in overseas trade to and from terminals in the Port of Vancouver. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
CBP updates mitigation guidelines for export seizures
freightwaves.comU.S. Customs and Border Protection has updated its seizure mitigation guidelines involving licensed and non-licensed exports for its officers at the nation’s ports of entry.The new guidelines, which were developed by CBP’s Office of Regulations and Rulings, are part of a larger update involving 39 different types of agency enforcement actions, starting in October 2017. Read more here.
Trump’s China Problem Is That a Weak Yuan Is a Strong Weapon
bloomberg.comPresident Donald Trump has bragged repeatedly, in tweets and press conferences, that China is absorbing the cost of U.S. tariffs on Chinese products. He said it again on Aug. 5, tweeting that “it is now even more obvious to everyone that Americans are not paying for the Tariffs—they are being paid for compliments of China, and the U.S. is taking in tens of Billions of Dollars!” Read more here.