Newsletter – June 4, 2018

AIR FREIGHT UPDATES

Air Canada Cargo Launches Service to New Destinations in Europe This Week
source: CIFFA
Air Canada Cargo announces the start of widebody service to and from Bucharest, Porto and Zagreb, operated on Boeing 767-300ER aircraft, and to and from Iceland, operated on a Boeing 737 narrowbody aircraft.

Singapore Air To Launch World’s Longest Flight
source: news.airwise.com
Singapore Airlines will launch the world’s longest commercial air service in October, an 18hrs 45min non-stop flight between Singapore and New York Newark. Read more here.

Positive outlook for global air argo market
source: seanews.com.tr
CONFIDENCE in the air cargo market and concerns over tight capacity at peak periods are top of mind issues for charter operators with forwarders looking to sign longer-term charter contracts.  Read more here.

GROUND AND RAIL FREIGHT UPDATES

Canadian Transportation Agency Launches Consultation on Rail Transportation
source: CIFFA
As part of its Regulatory Modernization Initiative, the Canadian Transportation Agency (CTA) is launching consultations on rail-related regulations and guidance materials. These consultations will support the implementation of the Transportation Modernization Act (Bill C-49), which amends the Canada Transportation Act (Act) to introduce new measures related to freight rail.

The CTA invites affected stakeholders to share their views to ensure that the CTA’s rail-related regulations and guidance materials are relevant, clear and up to date. Visit the CTA website for more information about the rail consultations, which end on September 30, 2018.
Submit comments to ferroviaire-rail@otc-cta.gc.ca.

Canada Passes Law Hiking Airline, CN Rail Ownership Limits
source: bloomberg.com
Ownership limits in Canadian airlines and the country’s biggest railway will rise this week after the wrangling over a controversial transport law finally came to an end. Read more here.

INTERNATIONAL BUSINESS & GOVERNMENT UPDATES

Abercrombie, Levi Strauss Lament Tariff Threat to Apparel Trade
source: ajot.com
Any trade war that emerges between the U.S. and its allies would have far-reaching consequences for consumers worldwide, according to apparel companies Levi Strauss & Co. and Abercrombie & Fitch Co.
The companies expressed their concern ahead of threatened tit-for-tat tariffs from the European Union, Canada and Mexico on U.S. goods such as jeans, Harley-Davidson motorcycles and bourbon. Read more here.