Newsletter – January 24, 2019

  • 24

    Jan

    Newsletter – January 24, 2019
    AIR FREIGHT UPDATES
    New innovation initiative will be ‘a game-changer’ for air cargo

    theloadstar.co.uk
    Senior air cargo industry executives have launched a new innovation award: the NextGen Leaders challenge.
    Launched by ECS Group, the initiative calls on students, start-ups and ECS employees to submit air cargo-related projects centred on digital technologies, added-value services, people or sustainability. Read more here. 

    Smarter air freight operators showing more resilience as the market weakens

    theloadstar.co.uk
    The market appears to be weakening in advance of Chinese new year, despite a last-minute scramble for air freight.
    Nevertheless, smarter management at airlines could help re-boot their fortunes after any slump. Read more here. 

    OCEAN FREIGHT UPDATES
    Amazon pushing hard into ocean shipping, making it easier for Chinese goods to get to you

    usatoday.com
    SAN FRANCISCO — Quietly and below the radar, Amazon has been ramping up its ocean shipping service, sending close to 4.7 million cartons of consumers goods from China to the United States over the past year, records show…. Read more here. 

    Transpacific volumes to the US hit new highs, but the future looks more uncertain

    theloadstar.co.uk
    Container imports to the US from Asia in December were 30% higher than in the same month of 2017, but the tariff-beating rush of Chinese goods, the main cause of the surge, has reportedly “overwhelmed” the two main west coast gateways. Read more hear. 

    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
    More firms flee UK as Brexit fears rise

    lloydsloadinglist.com
    A growing number of companies are revealing plans to move parts of their businesses from the UK in order to remain competitive after the UK leaves the EU or to minimize the risks of disruption and complications to their businesses resulting from Brexit.  Read more here. 

    Weaker economic outlook set to hit air and ocean demand

    lloydsloadinglist.com
    Declining economic growth rates in China and the European Union will stifle growth in air and ocean trades this year, according to leading modal analysts.  Read more here.

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