Newsletter – June 23, 2022

AIR FREIGHT UPDATES

New rules mean the end is nigh for the passenger freighter

theloadstar.com
Current yields, and incoming rule changes, look set to mark the end of the passenger freighter – a blessing for many; a nightmare for handlers.
The dearth of capacity at the onset of Covid, and high demand for air cargo, saw aviation safety authorities tweak the rules to allow the carriage of cargo in passenger cabins – on seats, or with seats removed. Read more here (login required).

IATA calls on governments to support safe lithium battery transportation

aircargonews.net
The International Air Transport Association (IATA) has called on governments to further support the safe carriage of lithium batteries by developing and implementing global standards for screening, fire-testing, and incident information sharing. Read more here.

OCEAN FREIGHT UPDATES

Yang Ming and HMM hit by collusion charges in the US

splash247.com
At the end of May America’s official maritime regulator concluded there was no sign of collusion or price gauging by global liners following a two-year investigation. Within days however a shipper from Illinois has cried foul, alleging two Asian carriers have operated in ways that contravene the Shipping Act, seeking millions of dollars for the exorbitant shipping costs it has had to fork out during the pandemic. Read more here.

Shipping organisations set out to tackle rising number of containers lost overboard

splash247.com
Following a spike in containers lost at sea, the World Shipping Council (WSC), the global liner association, has initiated a study to see how this scourge can be prevented.
The WSC’s Containers Lost at Sea Report covering 2020-2021 shows that containers lost overboard represent less than one thousandth of 1% (0.001%). Read more here.

Another strike at major German ports as pay negotiations break down again

theloadstar.com
As the RMT union leads UK rail workers in their second day of walkouts, new industrial action is also under way at German ports.
Negotiations in Bremen between German trade union ver.di and the Central Association of German Seaport Companies (ZDS) broke down yesterday. Read more here (login required).

CANADA BUSINESS – GOVERNMENT UPDATES

CBSA Notice on Goods Release in Quebec for June 24

ciffa.com
Goods being released on Friday, June 24, 2022 in the province of Québec will be deemed to be released Monday, June 27, 2022. Goods released in other provinces on Friday, June 24, 2022 will be deemed to be released on Friday, June 24, 2022.
For the purposes of calculating the accounting period, June 24, 2022, will be considered a holiday for the province of Québec and any late accounting penalties will be waived without the client having to submit an application.  This applies only to transactions that were released between June 17, 2022 and June 24, 2022, where the broker’s ‘office of central accounting’ is designated as being in the province of Québec. Any other clients who may have received late accounting penalties due to the holiday should apply for a waiver to the Recourse Directorate.

‘We have a structural shortage’: Record high job vacancies unlikely to reverse any time soon, economists say

financialpost.com
Canada is reporting its highest quarterly job vacancies on record, with 957,500 open positions in the first quarter of 2022 — up 2.7 per cent from the previous peak last quarter.
The latest numbers, released by Statistics Canada on Tuesday, showed a job vacancy rate of 5.6 per cent, continuing an upward trend since the first quarter of 2016. Read more here.