Newsletter – June 29, 2018

AIR FREIGHT UPDATES

Inaccurate Air Waybills a Growing Problem: Air Canada Cargo

source: CIFFA
Air Canada Cargo reports that it has recently noticed a rise in the number of air waybill discrepancies, specifically with the weight and dimensions entered for shipments.
Variations between a shipment’s actual weight and dimensions and what is declared on the air waybill have a significant impact on operations. Accurate information is critical for safe load planning of the aircraft.
A completed air waybill with all of the necessary information, including accurate weight, dimensions and consignee information, is required for a shipment to be considered ready for carriage.

Bali Volcano Eruption Causes Flight Cancellations

source: news.airwise.com
An eruption at Bali’s Mount Agung volcano caused the cancellation of several flights on Thursday as a column of ash and smoke reached over a km in height. Read more here. 

OCEAN FREIGHT UPDATES

Shippers urged to prepare for 6 July US-China tariffs

source: lloydloadignlist.com
Shippers need to avoid both overpaying and participating in fraudulent activity ahead of the new regime of US tariffs on Chinese goods due to be introduced next week, according to trade experts.  Read more here. 

Halifax port employers group and union reach tentative 3-year deal

source: thechronicleherald.ca

The Halifax Employers Association and Council of the International Longshoremen’s Association announced on Monday that they reached a tentative agreement on Friday for renewal of their collective agreement. Read more here.

Audit authorities find ilegal practices at Cosco

source: splash247.com
China’s National Audit Office has discovered a total of 36 irregularities and illegal practices at China Cosco Shipping Corporation and its affiliate companies in the areas of financial operations and anti-corruption during an audit of the group completed in June. Read more here.