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Newsletter – September 19, 2019
OCEAN FREIGHT UPDATES
Evergreen ULCV order will leave THE Alliance far behind rivals in terms of big ship capacity
theloadstar.comEvergreen’s new order of 10 23,000 teu ULCVs will bring the Ocean Alliance close to parity with the 2M alliance in terms of the number of 18,000 teu-plus ships in their combined fleet, leaving THE Alliance well behind, according to Alphaliner. Read more here.
Container Conundrum
freightwaves.com/american-shipperA recent inspection found that over half of containers had at least one deficiency. Read more here.
Management shake-up at Cosco Shipping
theloadstar.comOOIL has appointed Wang Haimin (pictured) as the new chief executive of Cosco Shipping, one of three new management appointments. Read more here.
GROUND AND RAIL FREIGHTS UPDATES
Trump action blocking California emissions authority will not impact trucking – for now
freightwaves.comThe Trump administration’s decision to revoke a waiver allowing California to set its own standards for automobile emissions will not impact regulations governing heavy-duty trucks, but questions remain about how the decision will influence the development of future environmental policies governing the commercial vehicle industry. Read more here.
Small carriers expanding fleets as large carriers reduce tractor counts
freightwaves.comAccording to the Federal Motor Carrier Association (FMCSA) data, carriers who operate smaller fleet sizes of one to six trucks continue to add power to their operation, with tractor counts growing 5% since last September. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Automotive shippers adjust supply chains for 31 October Brexit
lloydsloadinglist.comAutomotive manufacturer and shipper Honda UK continues to adapt its “highly integrated” European supply chain to a potential ‘no deal’ Brexit outcome on 31 October, including plans for an extra three-day parts buffer and an adjusted production rate. Read more here.