Newsletter- ,August 23, 2022
AIR FREIGHT UPDATES
Global air cargo tonnage and prices continue decline
Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the second half of July, the latest figures from WorldACD Market Data reveal. Read more here.
Flights Canceled At London Gatwick As Controllers Call In Sick
London Gatwick Airport has canceled dozens of easyJet flights after air traffic controllers called in sick. The airport had previously announced it would not extend its daily flight cap beyond August before scrapping the flights on short notice today.
26 of 180 easyJet flights scheduled at London Gatwick Airport (LGW) on Tuesday have been canceled on short notice as the airport struggles with staff shortages. Read more here.
Air Canada Cargo unveils new freighter livery as it grows its fleet
Air Canada Cargo freighters are being given a fresh look and the first newly painted Boeing 767F freighter has now rolled out of the paint shop.
The 767F features a black, white and red livery design first introduced in 2017. Read more here.
OCEAN FREIGHT UPDATES
Maersk shifting Vancouver calls due to congestion
Delays and congestion have promoted Maersk to alert customers to changes in their scheduled calls at the Port of Vancouver.
In a note to customers, the liner company said West Coast terminals have experienced berthing delays in recent weeks due to inland network congestion, particularly in Toronto and Montreal. As these inland terminals became congested, the supply of rail cars to the terminals were restricted/stopped. Read more here.
General average declared on burnt ZIM Charleston
General average has been declared on the 8,586 teu ZIM Charleston, with Splash sourcing the first public image of the burnt vessel. General average security will be now required from all cargo interests prior to the delivery of their cargo.
According to insurance firm WK Webster the fire, which took place west of Colombo, may have damaged 300 containers. The ZIM Charleston is chartered by ZIM and owned by Seaspan. Read more here.
GROUND AND RAIL FREIGHT UPDATES
New York port truckers press FMC for emergency order
Ocean carriers and marine terminals should be forced to share more accurate container storage data to improve cargo flows at the Port of New York and New Jersey, according to trucking companies serving the facility.
Those companies, which specialize in intermodal container drayage, are responding to a comment request from the Federal Maritime Commission on a potential emergency order mandating such data sharing with trucking, shippers and railroads. Read more here.
CANADA BUSINESS GOVERNMENT UPDATES
Retailers in Canada See First Sales Drop in Seven Months
Canadian shoppers may be starting to pull back on their spending as inflation erodes their purchasing power.
An advance estimate suggests retail sales dropped 2% in July, Statistics Canada reported Friday in Ottawa. That’s after a 1.1% jump in June, the sixth straight increase, which was driven by higher sales at gas pumps and vehicle dealers. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Drought and power shortages bring crucial factories in China to a standstill
As container prices from China head south, drought and power rationing has triggered the closure of factories along the crucial Yangtze River commercial corridor.
A record heatwave in China’s south-west Sichuan province has led to depleted reservoirs and rolling blackouts as hydropower plants were forced to reduce electricity output. Read more here (login required).