Newsletter – August 22, 2018

news.airwise.com

Two US airlines, American and Hawaiian, are dropping flights to China, with fuel costs and increased competition cited as reasons.

American Airlines will end its daily direct flight between Chicago and Shanghai in October, maintaining just a codeshare flight with Japan Airlines via Tokyo Narita. The airline previously announced it was ending its daily O’Hare service to Beijing, also in October. Read more here.

lloydsloadinglist.com

Maersk Line has become the second carrier to go live with CargoSphere’s digital rate-processing system.

CargoSphere’s cloud-based system provides a neutral and confidential platform for disseminating contract rates and amendments. Read more here. 

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theloadstar.co.uk

Transpacific-serving ocean carriers are adding sailings from Asia to the US west and east coasts as they enjoy a peak season boom which has driven a surge in freight rates.

But the good news could be short-lived, as punitive new US tariff hikes kick in next month on more than 6,000 import items. Read more here (login required).

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theloadstar.co.uk

While the shipping industry works on cutting  its carbon emissions, MSC has also sought to reduce its environmental impact in another area: the carrier has imposed a speed reduction programme aimed at cutting back on the number of fatal whale strikes by its ships make. This effort has not gone unnoticed; the National Oceanic and Atmospheric Administration, along with the Cordell Bank and Greater Farallones national marine sanctuaries, have honoured the carrier for this move. Read more here.

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theloadstar.co.uk

The impact of global warming and the continuous retreat of Arctic Sea ice has opened up a potential new box shipping route between Asia and Europe that could chop at least one-third off of transit times for time-sensitive goods. Read more here (login required).