Newsletter – August 18, 2020

  • 18

    Aug

    Newsletter – August 18, 2020
    AIR FREIGHT UPDATES
    Air travel’s collapse will make it harder to ship vaccines
    qz.com
    A successful coronavirus vaccine is no good to anyone sitting in a lab. The next phase: sending shots around the world and into the arms of the global population.
    The unprecedented logistical challenge of delivering more than 15 billion Covid-19 vaccines will be made even harder by the drop in passenger flights as people stay home during coronavirus. Read more here.
    Air Canada Is Promoting Travel To The United States
    simpleflying.com
    For about a month now, Air Canada’s customer service line has been automatically greeting callers with a pre-recorded message notifying them of the ability to travel to the United States. While many Canadians could be under the impression that only essential travel to the United States is permitted, the airline makes the situation clear when it comes to air travel. Read more here.
    OCEAN FREIGHT UPDATES
    Quebec, Ontario want Ottawa to intervene in Montreal port strike
    insidelogistics.ca
    MONTREAL – The Quebec and Ontario governments are asking Ottawa to intervene in the Montreal port strike, which entered its second week Monday.
    If it drags on, the shutdown will harm Eastern Canada’s economy and erode the competitiveness of a port that generates $2.6 billion in annual economic activity, according to a letter to the federal government from four provincial cabinet ministers. Read more here.
    PPE driving US import surge as July box traffic hits record levels at LA/LB
    theloadstar.com
    Despite the pandemic, the San Pedro Bay ports of Los Angeles and Long Beach saw strong container imports in July, with the better-than-expected volumes set to continue this month.
    Los Angeles recorded its busiest month of the year, and the second-best July in the port’s history, moving 856,389 teu across its box terminals. Read more here.
    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
    New restrictions in China as Covid-19 is found on frozen food imports again
    theloadstar.com
    Protein exporters are facing bigger hurdles as a result of fresh discoveries of the Covid-19 virus on packaging.
    Last week, Chinese officials announced tightened controls and inspection requirements on meat and seafood imports after traces of the virus were found on packages of imported frozen food. Read more here.
    Typhoon signal No 8 expected as storm Higos edges closer to Hong Kong
    scmp.com
    The Hong Kong Observatory said it would consider issuing the No 8 typhoon signal on Tuesday between 10pm and midnight as Tropical Storm Higos edged closer to the city and intensified.
    In a weather bulletin issued at 4.45pm, the Observatory said that by 5pm, Higos would be an estimated 210km southeast of Hong Kong. It is projected to move northwest or west-northwest at about 20km/h across the northern part of the South China Sea towards the coast of western Guangdong, becoming more powerful gradually. Read more here.
    Don’t Cut Your Marketing Budget in a Recession
    hbr.org
    Most companies reduce spending in recessions, especially on marketing items that may be easier to cut (certainly relative to payroll). Right now, advertising agencies are struggling to stay afloat, and Google and Facebook are reporting substantially lower ad revenues as marketing spending dives with the business cycle (cyclical marketing). But that is today’s equivalent of bleeding – an old-fashioned but once widespread treatment that actually reduces the patient’s ability to fight disease. Read more here.

    Comments are closed.