Newsletter – July 27, 2018

AIR FREIGHT UPDATES

New Mexico City Airport Tenders Suspended

source: news.airwise.com

The group responsible for building and operating Mexico City’s new airport has suspended indefinitely the bidding process for four international tenders.
The Grupo Aeroportuario de México City (GACM) said the bids suspended include a fuel distribution network and runway track lighting systems. Read more here.

Terrorist Threat Forces Air China Flight Back To Paris

source: news.airwise.com
An Air China plane on a flight to Beijing returned to Paris on Thursday after the airline received a suspected terrorist threat. Read more here.

OCEAN FREIGHT UPDATES

Cosco IT woes spread beyond US

source: lloydsloadinglist.com
THE systems breakdown affecting Cosco Shipping Lines’ US operations has spread to other regions.
A cyber attack is being blamed for the collapse of US email and some website operations. The attack first emerged on Tuesday and at the time it appeared to be localised. Read more here.

Overcapacity, not trade war, cause for softening Asia-USEC demand: Drewry

source:seanews.com.tr
THE ‘sudden decline’ in container shipping demand had less to do with prospects of a Sino-American trade war and more to do with oversupply in the Asia-US east coast market, according to London’s Maritime Research.
‘It is tempting to view every service suspension through the prism of the brewing trade war between the US and China,’ said Drewry. Read more here.

GROUND AND RAIL FREIGHT UPDATES

Customer Advisory: Truckers strike in Indiavsource: APL

You may be aware that India’s nation-wide truckers strike has entered its eighth day. Called by the All India Motor Transport Congress, the strike appears to be gaining momentum, as we are seeing an increasing number of Trucker’s Associations taking part in Mumbai, Mundra, Chennai and Tuticorin.
As such, it is possible that you might experience difficulty transporting cargo from hinterland locations to Inland Container Depots/ Container Freight Stations (CFS), or meeting Port Gate cut-offs. You might also experience challenges picking up your imports from the Port / CFS.  APL is closely monitoring the situation, and will provide updates, as and when available.