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Newsletter – June 9, 2022
AIR FREIGHT UPDATES
IATA optimistic on air cargo despite current challenges
aircargonews.com
IATA has expressed optimism that the air cargo market will begin to improve in the months ahead, despite the current market challenges.
In its latest market update, IATA said that air cargo demand dropped by 11.2% year on year in April, while cargo load factors slipped by 5.2 percentage points on a year ago to 51.6%, and capacity was down by 2%. Read moreh here.Drones flying cargo from Edmonton airport
insidelogistics.ca
Drone Delivery Canada (DDC) has begun operating drone flights carrying cargo from Edmonton International Airport (EIA) for its customers Ziing Final Mile and Apple Express.
The 12-month project will enable defined-route deliveries from EIA to an off-airport property with DDC’s Sparrow drone, and its DroneSpot takeoff and landing zones and FLYTE software. The drones will transport cargo for the two couriers located in the industrial park in Leduc County, Alberta. Read more here.The Impact Of Yesterday’s Italian ATC Strike
simpleflying.com
A series of employee strikes took place across Italy on Wednesday, causing severe disruption to the country’s air travel industry. Most notably, unionized air traffic controllers at multiple Italian airports went on strike for up to 24 hours, joined by shorter strikes from cabin crew. We take a look at the impact of the strike below. Read more here.
OCEAN FREIGHT UPDATES
New Covid cases send Shanghai into partial lockdown
splash247.com
Shanghai will go into partial lockdown this weekend after six new cases were found in China’s largest city and home to the world’s largest container port.
New lockdown restrictions have been imposed on seven districts with millions of people set for mass covid testing, shortly after China’s financial hub reopened after more than a two-month shutdown. Read more here.US FMC announces three new initiatives to assist shippers and improve supply chain performance
splash247.com
The US Federal Maritime Commission (FMC) is establishing three new initiatives that will provide enhanced assistance to shippers, continue to improve legal and regulatory compliance of regulated entities, and focus on remedies to supply chain problems.
The Commission will establish a new and permanent International Ocean Shipping Supply Chain Program, re-establish its Export Rapid Response Team, and take the steps necessary for carriers, marine terminal operators, and operating seaports to employ a designated FMC compliance officer. Read more here.Reports of Colombo Port’s demise are greatly exaggerated, say shippers
theloadstar.com
Shipping stakeholders in Sri Lanka have hit back at claims carriers are avoiding the port of Colombo over the country’s political and economic crisis.
According to Rohan Masakorala, CEO of Shippers’ Academy Colombo, the South Asian transhipment hub did suffer some operational disruption last month, but it was short lived. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Trucking Industry Leaders Predict Top Two Changes Over the Next 10 Years
cantruck.ca
Trucking industry executives pointed to the reduction of fossil fuel use and carbon emissions as the top change coming to the trucking sector over the next 10 years, followed by labour shortages as a close second. The sentiments were captured in a survey conducted by Nanos Research between April and May.
In total, the 36 senior executives interviewed for the survey represented companies which operated over 39,000 trucks, employed over 40,000 full and part-time employees, and transported over 2.2 million loads in 2021. Read more here.