Newsletter – June 28, 2022

AIR FREIGHT UPDATES

Call for freighters to be excluded from Schiphol flight cuts

aircargonews.net
The Schiphol air cargo community is calling for freighters to be excluded from Dutch government plans to reduce the number of flights from the airport next year.
Last week, the Dutch government announced plans to reduce the number of flights from Schiphol from November next year as part of efforts to reduce noise and environmental pollution. Read more here.

OCEAN FREIGHT UPDATES

Shippers to pay the penalty as ONE becomes first to apply overweight charge

theloadstar.com
Asia-Europe ocean carriers are cracking down on rogue shippers who incorrectly declare westbound booking container weights and make last-minute verified gross mass (VGM) amendments.
Misdeclared booking weights can cause the weight allocations of individual alliance partners to be exceeded, ships to shut out cargo, contracts to underperform and revenue to be lost. Read more here (login required).

Container tracking ‘a train not going to stop’, predicts Drewry

theloadstar.com
Some 25% of container shipments will be fully tracked after 2026, a response to continued uncertainty and disruption in container supply chains, says Drewry.
The consultancy said some 8.7m boxes are likely to be fitted with tracking devices in the coming years, an estimate contrasting with a figure of 3.6% by the end of 2021, obtained through a ‘census’ of equipment. Read more here (login required).

Study claims green shipping would add just eight cents to a pair of Nikes

splash247.com
Running ships entirely on green hydrogen-based fuels would add less than €0.10 ($0.10.5) to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows. The analysis of shipments from Shenzhen in China to Europe was carried out by NGO Transport & Environment (T&E). Read more here.

Container-ship building spree not over yet; new orders still rising

freightwaves.com
For an alleged cartel accused by President Biden of ripping off Americans, the container shipping oligopoly is sure doing a lousy job of managing its future capacity.
The price of newbuild container ships keep rising, yet liner operators and ship-owning companies keep placing more orders at Asian yards, guaranteeing an ever-larger deluge of new vessels in 2023-25. Read more here.

GROUND AND RAIL FREIGHT UPDATES

Soaring inflation and crashing rates are sparking trucking’s ‘Great Purge’

freightwaves.com
The last trucking market crash was in 2019. The current market could end up worse for small truckload fleets.
The freight market crash in 2019 was caused by two factors – a freight slowdown due to tariffs on Chinese imports and a surge of new fleets flooding the market, even as rates continued to fall.  Read more here.

CN announces major spending across North American operations

insidelogistics.ca
Canadian National Railway has announced $1.9 billion in investments across its network.
The most significant spending will be in Ontario, Alberta, Quebec and British Columbia, with smaller commitments planned in Saskatchewan and Illinois, New Brunswick, Nova Scotia, and Tennessee. Read more here.