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Newsletter – August 6, 2019
OCEAN FREIGHT UPDATES
Liner reliability improves markedly in second quarter
lloydsloadinglist.comContainer shipping’s reliability has come under increasing scrutiny from customers. However, there are signs carriers are getting their act together, with new figures showing improvements across the board. Read more here.
Battery-Powered Ships Next Up in Battle to Tackle Emissions
bloomberg.comThe electric battery boom has a new target: ships.Four Japanese companies have teamed up to build the world’s first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries and will operate in Tokyo Bay, according to a statement on Tuesday. Read more here.
GROUND AND RAIL FREIGHT UPDATES
US truckers hit a bumpy stretch on the economic freeway
theloadstar.comDeliveries of appliances, furniture and other bulky items in the US have been growing at a rapid clip, but Schneider National has stepped on the brakes. Read more here.
Evacuation ends and rail line reopens after Alberta train derailment
canadianshipper.comIrvine, AB — Residents of a southern Alberta hamlet are back in their homes after an evacuation that followed a train derailment and chemical spill. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
The pursuit of transparency across the freight industry through standardized indexes
freightwaves.comThe freight industry is one of the largest sectors in almost every country’s economy. And while businesses within the ecosystem do keep tabs on the general trends within freight markets, they are largely devoid of data to back their convictions. Read more here.
Will retail season deliver?
freightwaves.comData about the health of the United States goods economy is decidedly mixed. On the one hand, manufacturing PMI numbers and business investment are weak. On the other hand, consumer confidence has maintained some strength as personal incomes rise and retail spending has held up. Read more here.
Maritime conferences slammed
splash247.comOrganisers of maritime conferences have been sent a stern message today to buck up and make their events more relevant and worth people’s time. In an ongoing survey carried on this site 45% of the more than 500 voters to date say they have never been to a shipping conference that proved to be a fantastic use of their time. Read more here.