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Newsletter – April 19, 2023
AIR FREIGHT UPDATES
Three German Airports To Be Hit By More Strikes This Week
simpleflying.com
Germany will be hit with another wave of airport strikes this week after trade union ver.di called for a walkout at Düsseldorf, Hamburg and Cologne/Bonn airports. The strike will begin on Wednesday night and last until Friday evening. Read more here.Antonov flies its largest single piece of cargo
aircargonews.net
Antonov Airlines has transported a power supply skid on board one of its AN-124 aircraft – the largest single piece of cargo transported by the airline.
The power supply skid was flown from Tekirdag, Turkey to Hamburg, Germany on board of one of the airline’s AN-124-100-150 aircraft in conjunction with project management firm Rolf Riedl. Read more here.
OCEAN FREIGHT UPDATES
US west coast faces up to box exodus
splash247.com
Threats to the supply chain are seeing shippers ditch the US west coast. Canadian software provider Descartes has counted that more than 1m teu of US container imports have shifted from the west coast annually since 2019, with the biggest beneficiary being Gulf coast ports.
The types of commodities that experienced the greatest growth in the Gulf ports include electronics, furniture, and machinery, which are typically associated with Asian manufacturers. Read more here.Container shipping sees signs of a bottom (at least, for now)
freightwaves.com
The Shanghai Containerized Freight Index (SCFI) — a closely watched measure of container shipping spot rates — has just risen for the third week in a row after nine months of continuous declines.
The SCFI came in at 1033.65 points on Friday, up 8% week on week (w/w). The China-U.S. West Coast route, which comprises 20% of the index weighting, jumped 29% w/w, to $1,668 per forty-foot equivalent unit. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Charter aims to protect shipper and forwarder data
theloadstar.com
Concerns over the security of data shared between digital platforms and their customers has led to shipper and forwarder associations calling for higher standards in data protection.
The Global Shippers Forum and the international federation of freight forwarders, FIATA, today issued a joint charter for the protection of shipper and forwarder data. Read more here (login required).