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13
Apr
Newsletter – April 13, 2020
AIR FREIGHT UPDATES
Europe’s Borders Could Remain Closed Until September
simpleflying.comEmmanuel Macron, President of France has raised concerns about a second wave of the coronavirus outbreak if Europe’s borders are reopened too soon. In a videoconference on Friday, Macron suggested that the entire Schengen area should remain in lockdown with closed borders until September. Read more here.
Delta ups package weight and size limit for door-to-door cargo service
aircaronews.netDelta Cargo has expanded its pick-up and delivery service allowing customers to ship larger and heavier items.Its DASH delivery service is run in partnership with same-day delivery company Roadie and will now be expanded to include DASH Heavy. Read more here.
OCEAN FREIGHT UPDATES
Japanese boxship runs aground near Ho Chi Minh City
splash247.comThe 2017-built 1,707 teu containership Ingenuity ran aground near Ho Chi Minh City late last week.The incident happened not long after the ship left the Vietnamese capital for Ningbo, China. Read more here.
MSC battles to keep freight moving as network outage stretches into fourth day
splash247.comAs Monday’s Daily Splash newsletter readied to publish (free sign up via this link) the website of the world’s second largest containerline, Mediterranean Shipping Company (MSC), remains down, due to ‘Extended Maintenance’. The site, as well as booking platform MyMSC, have been down for nearly 85 hours, the longest outage for a top five carrier since Maersk was hit by the NotPetya malware attack in 2017. Read more here.
PIL takes to WeChat to refute bankruptcy rumours
splash247.comAmid bankruptcy chatter swirling around China, Pacific International Lines (PIL), the world’s tenth largest container carrier, took to Chinese social media site WeChat on Friday to dismiss “internet reports” on its financial health. Read more here.
Carriers fear coronavirus port congestion
lloydsloadinglist.comLockdown, falling demand, store closures and limited warehousing operations, are forcing some shippers to leave their cargo uncollected at the port, raising concerns that supply chains could break down if ports become too congested. Read more here.
GROUND AND RAIL FREIGHT UPDATES
3.5 lakh trucks carrying Rs 35,000 crore goods stranded on roads
timesofindia.indiatimes.com
New Delhi: An estimated 3,5 lakh inter-state trucks carrying goods worth over Rs 35,000 crore are stranded on roads outside factories and godowns, according to transporters. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Mexico stands in the way of historic 10m barrels per day OPEC+ production cut
splash247.comA historic production cut agreement between OPEC and its allies, known as OPEC+, has not quite got over the line as Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-producing nations that lasted more than nine hours. Read more here.