Newsletter – August 13, 2019

  • Newsletter – August 13, 2019


    AIR FREIGHT UPDATES

    Hong Kong flights suspended for second day
    aircargonews.net
    Hong Kong International Airport (HKIA) has again suspended all passenger flights due to ongoing protests just hours after re-starting operations. Read more here.

    Air Canada Ups Transat Offer Price
    news.airwise.com
    Air Canada has increased the purchase price for its acquisition of Canadian travel company Transat to CAD$720 million. Read more here.

    Cathay Pacific takes action following China warning over protests
    aircargonews.net
    Cathay Pacific has suspended a pilot who was arrested amid ongoing protests in Hong Kong. It has also fired two members of ground staff for “misconduct”. Read more here.

    OCEAN FREIGHT UPDATES

    Port Report: July imports flat at the Los Angeles-Long Beach gateway
    freightwaves.com
    The biggest U.S. maritime entry for containerized goods saw import volumes stay flat in July, reflecting the uncertainty facing the trans-Pacific container shipping market. Read more here.

    Fire erupts in six containers onboard APL Le Havre
    splash247.com
    Surveys are ongoing to assess the damage to the 10,106 teu APL Le Havre after yet another container fire ripped through the aft of the boxship on Friday evening. Read more here.

    Evergreen levies $35,000 per container fine for misdeclared hazardous cargo
    splas247.com
    News of carrier fines for misdeclaration of cargoes continues to filter in with Taiwan’s Evergreen issuing the highest penalties seen by Splash to date. Read more here.

    CANADA BUSINESS – GOVERNMENT UPDATES

    FTZ designation aims to boost Montreal’s international cargo flows
    theloadstar.com
    In the jostle for transatlantic traffic, Montreal has added a foreign-trade zone (FTZ) to its arsenal of incentives to attract business. Read more here

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