Newsletter – April 22, 2020

  • Newsletter – April 22, 2020


    AIR FREIGHT UPDATES

    Air Canada Suspends All Flights To The US
    simpleflying.com
    Today, Air Canada announced that it would entirely suspend scheduled transborder flights after April 26. This move comes following the extension of the travel restrictions between Canada and the United States. The two countries agreed to introduce border measures to help tackle the coronavirus pandemic. Read more here.

    Cargo handlers respond to forwarder criticism of Covid-19 surcharge
    aircargonew.snet
    Cargo handlers Menzies Aviation and Swissport have respond to freight forwarders’ criticism of surcharges introduced following the coronavirus outbreak.
    The handlers explained to Air Cargo News that the cost of their cargo operations had increased as a result of the reduction in passenger flights. Read more here.

    Grounded Flights Are Affecting Airports Just As Much As Airlines
    simpleflying.com
    More than 16,000 passenger jets are grounded worldwide as a result of the coronavirus pandemic, and airports are facing much larger issues than merely finding parking space for them. Last week, there were only 711 departures from the UK’s ten largest airports. At Heathrow alone, there would usually be 1,400 take-offs and landings- per day. Read more here.

    IATA Head Says Social Distancing Will End Cheap Travel
    simpleflying.com
    The Director General of the International Air Transport Association (IATA), Alexandre de Juniac, believes that social distancing will end cheap travel. This is according to statements made at a briefing on April 21st. His rationale is that, with fewer seats available, it means that airlines will have to increase prices to turn a profit. Read more here.

    Essential cargo moving smoothly despite import logjam at India’s airports
    theloadstar.com
    India’s air cargo congestion is easing, with medical and pharmaceutical shipments moving freely despite the lockdown being extended to 3 May.
    Hastily organised social distancing measures came into effect on 22 March, grounding passenger fleets, removing huge amounts of bellyhold capacity. Read more here.

    OCEAN FREIGHT UPDATES

    APL bows ot of Indian subcontinent, Middle East and Latin American trades
    splash247.com
    Within the next six weeks, APL, a shipping brand that dates back to 1848, will only serve the transpacific and US-flag services. Read more here.

    India eases crew ban at domestic ports
    splash247.com
    India has taken moves to get crew to and from ships on local shores with pressure now growing on the government to make similar repatriation moves overseas. Read more here.

    DP World launches digital platform for multimodal cargo management
    aircargonews.net
    DP World has launched a new digital platform that will enable freight forwarders and shippers to manage cargo online at various points in the supply chain — be it utilising air, road or sea modes. Read more here.

    INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

    Cyber criminals target shipping with coronavirus-themed emails
    splash247.com
    Hackers are getting more and more precise with their shipping targets, using real vessel names and the coronavirus in recent subject lines of malicious emails tracked by Dryad Global’s cyber security partners, Red Sky Alliance. Read more here.

    Diesel’s price decline Tuesday was historic; crude’s fall sets another record
    freightwaves.com
    A day after crude oil trading on a major exchange turned negative, the price of ultra low sulfur diesel on the same exchange did something it hadn’t done in almost 30 years. Read more here.

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