Newsletter – June 2, 2022

AIR FREIGHT UPDATES

Spot pricing will dominate air cargo bookings

aircargoweek.com
Awery Aviation Software (Awery) CEO Vitaly Smilianets told delegates at the CNS Partnership Conference 2022 that fixed rate booking would not make a comeback in the short term. Fundamental change in the air cargo booking process accelerated by COVID is here to stay due to the uptake of digitisation Awery’s Chief Executive Officer (CEO), Vitaly Smilianets told delegates at the CNS Partnership Conference 2022 in Phoenix, Arizona, USA. Read more here.

OCEAN FREIGHT UPDATES

Ports get ‘much needed respite’ as container-ship traffic jam eases

freightwaves.com
It could be the relative calm before the peak-season, post-Shanghai-lockdown storm. Or it could be the final unwinding of COVID-era congestion as inflation takes hold. What happens next is still highly uncertain. But as of now, U.S. port queue numbers remain down from highs.
“This appears to be a much needed respite for some ports that have seen significant delays over the course of the year to date,” said S&P Global Commodity Insights. Read more here.

North European box ports at capacity even before peak season starts

theloadstar.com
With a wave of import containers expected from Shanghai’s reopening and peak season just around the corner, North Europe’s box port hubs, worryingly, remain severely congested.
Huge stacks of empty containers and hundreds of frustrated export boxes have built up at the major North European hubs as carriers blanked a third of their advertised sailings during the recent two-month Shanghai lockdowns. Read more here (login required).

Port of Oakland conducting study on widening turning basins to facilitate bigger ships

splash247.com
The Port of Oakland this week released a notice of preparation to begin an environmental review for a potential project to widen its federal turning basins. The port has partnered with the US Army Corps of Engineers (USACE) San Francisco District for the study. A draft environmental impact report is expected to be ready for public review in early 2023. Read more here.

FMC calls for probe into new charges by ocean carriers and terminals

theloadstar.com
The Federal Maritime Commission investigation into the ocean supply chain in the US, known as Fact Finding 29, has ended with a slew of recommendations and an admission that it lacks regulatory tools.
Commissioner Rebecca Dye writes: “The commission lacks the regulatory tools to deal with the numerous new charges imposed on US shippers and truckers by ocean carriers and marine terminals through tariffs and with other supply chain dislocations.” Read more here (login required).

GROUND AND RAIL FREIGHT UPDATES

Nanos: Driver-Equipment Shortages & Driver Inc. Top Concerns for Trucking Execs

cantruck.ca
Demand for trucking services has increased beyond what trucking companies can handle in certain markets, causing some carriers to turn away loads, according to a Nanos survey of leading trucking executives.
Nanos, which conducted the survey on behalf of the Canadian Trucking Alliance, interviewed 36 senior executives, representing companies which operate over 39,000 trucks, employ over 40,000 full and part-time employees and transported over 2.2 million loads in 2021. Read more here.