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Newsletter – June 26, 2020
AIR FREIGHT UPDATES
India Says No To International Flights Before July 15th
simpleflying.comIndia’s Directorate General of Civil Aviation (DGCA) has published a notice today saying that international flights will remain banned from the country until at least July 15th. The announcement came with a small sliver of hope, however, as it included a clause that may allow ‘competent authorities’ to apply for commercial flight rights on a case by case basis. Read more here.
Air Canada’s First Refurbished Airbus A330 Takes Flight
simpleflying.comAir Canada is celebrating the first flight of its newly refurbished Airbus A330 aircraft. The A330 flew from Montreal to Vancouver on June 24th. In 2018, Air Canada chose to do an interior refit on its A330s. This was in addition to adding more A330s to its fleet to replace its aging Boeing 767 fleet. The final 767 operated its last commercial flight on June 3rd. Read more here.
Passenger flights: China-United States
freightwaves.comThe U.S. Department of Trasnportation (DOT) has denied a request by Chinese airlines to increase the number of flights allowed into the U.S. See infographic.
OCEAN FREIGHT UPDATES
Peak Shipping Season Runs Aground as Ocean Lines Pull Capacity
wsj.comOcean container lines are bracing for muted demand during the usual peak shipping season heading into the fall, with supply chains still rattled by the coronavirus pandemic and retailers in the U.S. and Europe reining in restocking plans.Shipping lines that move the vast majority of the world’s manufactured goods have canceled more than a quarter of all sailings on Asia-to-Europe and trans-Pacific lanes, the world’s biggest trade routes, since the beginning of March, according to maritime data providers. Read more here (login required).
Report: Maritime Cyberattacks Have Quadrupled Since February
maritime-executive.comThe British Ports Association and the UK-based risk management firm Astaara have released a new study on the wave of cyberattacks seen by maritime stakeholders over the past four months.In one high profile attack in May, computer systems at Iran’s Shahid Rajaee port facility at Bandar Abbas, creating traffic jams and serious operational disruption. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Canada close to self-sufficiency in PPE
insidelogistics.caOTTAWA – Prime Minister Justin Trudeau says Canadian companies are now producing so much personal protective equipment needed in the fight against COVID-19 that Canada is almost at the point of being self-sufficient.He’ll underscore that contention today with a visit to a Kanata, Ont., brewery that has retooled to make hand sanitizer during the pandemic. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Gartner survey: 33% of companies are moving their supply chains out of China
dcvelocity.comOne third of companies with global supply chains have moved their sourcing and manufacturing activities out of China or plan to do so in the next two to three years, according to a recent survey from analyst firm Gartner Inc.And while the Covid-19 pandemic is certainly one of the top reasons for the trend, other powerful factors are the U.K.’s economic withdrawal from the European Union, known as Brexit, and rising tariff costs incurred by President Trump’s trade war with China, the Stamford, Connecticut-based firm said. Read more here.
Warehouse Demand Surges as Retailers Reset Supply Chains
wsj.comDemand for U.S. warehouse space is rebounding as upheaval from the coronavirus pandemic pushes businesses to retool their supply chains.Industrial real-estate activity, such as lease renewals and new leases, jumped 43% from April 15 to May 14 from the previous 30-day period, recovering more quickly than expected from the economic shocks of the pandemic, according to real-estate firm CBRE Group Inc. Read more here (login required).