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Newsletter: March 7, 2022
AIR FREIGHT UPDATES
TPM22: Shippers turn to air freight as part of longer-term business model
theloadstar.com
Fed up with congestion at major container gateways and poor liner service levels, air freight is beginning to capture shipper customers that previously only used it as a last resort. Read more here (login required).
Long flights, grounded fleets: How the war in Ukraine could alter heavy airfreight capacityLong flights, grounded fleets: How the war in Ukraine could alter heavy airfreight capacity
supplychaindive.com
Airspace restrictions due to the war in Ukraine could further limit options for shippers looking to transport large cargo.
The United States joined the European Union and Canada in closing its airspace to aircraft from Russia on Wednesday. The Department of Transportation order suspends foreign air carriers based in Russia from operating scheduled passenger and all-cargo air services to and from the U.S. This includes services from Russia’s largest airline Aeroflot and all-cargo carrier AirBridgeCargo Airlines. Read more here.
OCEAN FREIGHT UPDATES
Cyber threat: possible spear phishing attack against Hapag-Lloyd
hapag-lloyd.com
Our IT security team has found a copy of our website on the web today, which is very likely to be used for a spear phishing attack. This means that e-mails are used to redirect users to this site and when they log in with their personal access data, which are then tapped by criminals. This kind of fake websites are usually a one-to-one copy of the real pages and can therefore usually only be recognised as malicious pages via the domain or Internet address. Read more here.
US congressional committees question liner pricing
splash247.com
Two subcommittees of the US House of Representatives’ Committee on Oversight and Reform have sent letters to A.P. Moller Maersk, CMA CGM Group and Hapag-Lloyd “requesting information about dramatic increases in the prices for shipping containers and reports of exorbitant fees and surcharges,” according to a press release issued last week. Read more here.
CAE – Halifax port omissions
maersk.com
We would like to update you on the multiple Halifax port omissions we have experienced since end of quarter 4, 2021.
The operational environment has been extremely challenging and has impacted vessel proforma schedules due to numerous reasons, including, but not limited to. Read more here.
Alliances, consortiums and cartels
splash247.com
Containerlines have been forming alliances for decades. The argument has always been in the name of efficiency of scarce resources to provide a measure of certainty to customers by way of weekly / fortnightly guaranteed services. Read more here.
GROUND AND RAIL UPDATES
CIFFA Sends Letter Regarding Prospect of Rail Service Interruption at CP Rail to Relevant Federal and Provincial Ministers
On Friday, CIFFA sent a letter – on behalf of the 20,000 employees working in Canada’s freight forwarding industry – to express alarm at the prospect of a rail service interruption at CP Rail, indicating that a significant disruption in rail services would be a catastrophic additional blow while supply chains remain severely impacted by Covid-19 and the resulting chaos in marine and tertiary transport. Read the letter here.
CANADA BUISNESS- GOVERNMENT UPDATES
Private Jet With Russians Onboard Blocked From Departing Canadian Airport
simpleflying.com
On Tuesday of this week, a charter aircraft carrying Russian nationals landed at Yellowknife Airport, Canada. Canada has banned all Russian aircraft from its airspace because of the Russian invasion of Ukraine. What happens now? Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Buy American Requirements Tightened
strtrade.com
The Biden administration has finalized a regulatory change that will increase U.S. content in the products purchased by the federal government and support domestic production of goods critical to U.S. economic and national security. This rule will take effect Oct. 25, 2022. Read more here.