Newsletter – August 29, 2018

OCEAN FREIGHT UPDATES

OOCL cancels more sailings to meet slowdown after Chinese National Day

seanews.com.tr

HONG Kong’s Orient Overseas Container Line (OOCL) has dropped several more Asia-Europe sailings because of low demand after the National Day holdiay.

OOCL said in a press statement that Loop 1 on the Asia-North Europe Service, westbound: ETA Shanghai on October 7 in Week 40 and eastbound: ETA Rotterdam on November 9 in Week 45 will be cancelled. Read more here.

OOCL drops Felixstowe calls as disruption continues

lloydsloadinglist.com

Continuing delays and disruptions at the UK’s busiest container port, Felixstowe, has led container line OOCL to switch the UK call on its North Europe-Turkey (NET) service from Felixstowe to Southampton. Read more here.

Zim looks to change tack, with 2M partnership and premium services

theloadstar.co.uk

After recording a net loss of $67m in the first six months, Zim is focusing on slashing costs by collaboration with competitors and hiking average revenue per slot.

It hopes to achieve the latter by the launch of more premium services. Read more here (login required).

DP World’s ‘one-stop shop’ ambition via purchase of Unifeeder is ‘a risky strategy’

theloadstar.co.uk

DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was announced earlier this month. Read more here (login required).

GROUND AND RAIL FREIGHT UPDATES

Intermodal wrangles just making the pain worse for US shippers using rail

theloadstar.co.uk

For long-suffering rail customers in the US, further grief is on the horizon.

From September 17, those which have to move traffic across Chicago on Union Pacific and CSX will face a costly slalom on nearly 200 routes. Read more here.