NEWSLETTER- JANUARY 5, 2023

AIR FREIGHT UPDATES

Chinese Airlines Plan For 2023 Rebound As Border Reopens

simpleflying.com
With one week to go before China reopens its international borders after three years, Chinese airlines are preparing for huge pent-up demand from the massive market. An analysis by Reuters found that local airlines have kept most of their widebodies active and avoided laying off staff, putting them in a prime position to capitalize on the reopening.
Read more here.

EV Cargo publishes inaugural sustainability report

www.aircargonews.net/
Global freight forwarding, supply chain services and technology company EV Cargo has unveiled its inaugural sustainability report, celebrating its progress in delivering its sustainability strategy during 2021.
Read more here.

OCEAN FREIGHT UPDATES

China Shipowners’ Association joins ICS

splash247.com
The China Shipowners’ Association (CSA) has become a full member of the International Chamber of Shipping (ICS), an international trade association that represents 80% of the global shipping industry.
Read more here.

Expect to hear more about rail service issues in 2023

www.freightwaves.com
The Surface Transportation Board’s regulatory to-do list, train crew sizes and merger conditions related to Canadian Pacific’s acquisition of Kansas City Southern are just some of the big issues that rail industry stakeholders will be watching in 2023.
Read more here.

Optimistic Evergreen presses ahead with expansion plans

theloadstar.com
China’s abolition of its zero-Covid policy will stimulate factory output, leading to a recovery in container shipping this year, believes Evergreen GM Eric Hsieh.
Read more here.(Subcription required)

INTERNATIONAL BUSINESS GOVERNMENT UPDATES

MSC Group completes acquisition of Bolloré Africa Logistics

www.aircargoweek.com
MSC Group has confirmed that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities.
Read more here.