Newsletter – June 21, 2021

AIR FREIGHT UPDATES

Canada Not Ready To Relax India Flight Ban

simpleflying.com
Canada is not planning to relax its India travel ban any time soon. The Canadian government is likely to announce another one-month extension on the direct flight ban, forcing travelers to take complicated routes instead. Let’s find out more about this decision. Read more here.

Air Transat To Expand In Florida This Winter

simpleflying.com
In a statement issued June 16, 2021, Canada’s Air Transat announced its winter 2021-2022 program, including two new destinations in Florida. Starting from November 1, Air Transat will offer flights to nearly 50 destinations, including direct flights from Montreal to Fort Myers and Miami in Florida. Read more here.

Cathay Pacific cargo capacity continues to recover

aircargonews.net
Cathay Pacific’s cargo capacity increased in May as it continued to recover from the introduction of stricter crew quarantine rules in Hong Kong.
Hong Kong in February introduced rules requiring crew to quarantine after an international journey, which affected cargo flights, but these were relaxed in mid-April for vaccinated crew. Read more here.

OCEAN FREIGHT UPDATES

Port congestion and rising demand forces carriers into schedule adjustments

theloadstar.com
Increased demand and worsening port congestion in Asia is forcing the east-west alliance carriers to temporarily adjust their liner service networks.
With long waits for berths on the US west coast and at several North European ports, attempts by shipping lines to recover a vessel’s schedule are being thwarted. Read more here.

Ever Given compensation verdict delayed again

splash247.com
Court proceedings to free the 20,388 teu Ever Given have been put on hold for another fortnight as the ship’s owner and the Suez Canal Authority battle over compensation claims.
Representatives of Shoei Kisen, the ship’s owner, and the Suez Canal Authority (SCA) were due in court yesterday for a delayed compensation verdict but a new date of July 4 has been announced. Read more here.

Liverpool recovering from severe port disruption

lloydsloadinglist.com
The Port of Liverpool is hoping to make significant progress this week towards recovering from a period of severe disruption in the last two weeks that has led to high levels of delays and frustration among cargo customers. Read more here.

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

On Prime Day, sellers rejoice – and worry

freightwaves.com
Amazon (NASDAQ: AMZN) took its time, but earlier this month it officially announced Prime Day would return to the summer. For sellers, shippers, warehouse operators and third-party logistics (3PL) providers, it wasn’t much notice but something they needed to deal with.
Prime Days are Monday and Tuesday and are among Amazon’s biggest single selling days of the year with special deals. Read more here.

Tight cold storage capacity sees developers and managers in expansion mode

theloadstar.com
US cold storage real estate investment trust Lineage Logistics has embarked on a transatlantic buying spree.
On 8 June the company announced the acquisition of Kloosterboer Group, an integrated platform for temperature-controlled storage, logistics and value-added services. Read more here (login required).