Newsletter – May 15, 2018

AIR FREIGHT

Chinese Flight Diverts After Cockpit Window Failure
source: news.airwise.com
A Sichuan Airlines flight had to make an emergency landing on Monday after a cockpit window cracked and blew out of the plane. Read more here.

OCEAN FREIGHT UPDATES

Canadian forwarders call for end to ‘appalling’ costs and ‘broken’ inspection model
source: theloadstar.co.uk
The port of Vancouver is building a new facility for container inspections near its Deltaport terminal complex. Importers and forwarders hope the inspection station, which is scheduled to come on stream next year, will cut down on inspection times. But they remain resigned to ongoing problems and painful costs at all Canadian ports. Read more here (login required).

Mega ships in mega alliances boosts demand for feeders
source: shippingazette.com
CLEAN LNG-powered feeders with good reefer capacity are enjoying a resurgence to meet rising European demand for perishables, reports IHS Media.
Maersk’s short-sea Seago Line recently launched the first of seven of the world’s biggest ice-strengthened containership designed to serve Russian and Baltic ports.  Read more here.

Transporters end strike at JNPT; new trucking system to be put on hold
source: thehindubusinessline.com
Transporters hauling containers to and from Jawaharlal Nehru Port Trust (JNPT) have called off their strike from Saturday night after local politicians wrested an assurance from the four new transporters selected by the port authority not to proceed with their work till the Supreme Court decides on a petition brought by the striking truckers’ associations.  Read more here.

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

Target Experiments With Faster Supply Chain
source: forbes.com
As part of its fight to keep brick-and-mortar shopping relevant and convenient, Target is testing a new approach to supply chain management, one that would replenish inventory much faster than is currently possible. It would also allow stores to reduce the amount of space they need for storage of merchandise while at the same time keeping shelves stocked and ready for business. Read more here.