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Newsletter – June 25, 2021
AIR FREIGHT UPDATES
Vietnam’s first all-cargo airline on the runway and almost ready for take-off
theloadstar.com
Vietnam’s first all-cargo airline is almost ready for take-off. IPP Air Cargo is the brainchild of billionaire Johnathan Hanh Nguyen, chairman of Imex Pan Pacific Group (IPP), which specialises in luxury brand distribution and retail.
While domestic carriers have launched cargo operations – most notably Vietjet – having seen Vietnam’s airfreight costs soar during the Covid-crisis, Mr Nguyen apparently decided to take matters into his own hands. Read more here.
GROUND AND RAIL FREIGHT UPDATES
Police end blockade that stranded hundreds of trucks in Canada
freightwaves.com
Normal traffic has resumed at the Nova Scotia-New Brunswick border in eastern Canada after police removed a protest blockade that left hundreds of trucks with live loads stuck for a day.
Officers from the Royal Canadian Mounted Police (RCMP) arrested three people late Wednesday. They were part of a protest over COVID-19 travel restrictions. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
CBSA Officers to Vote on Strike Mandate
cantruck.ca
The Canadian Trucking Alliance (CTA) continues to work with the Canada Border Services Agency (CBSA) to provide an update on ongoing reports of a strike involving CBSA border services officers (BSOs). The agency has clarified that the current vote would be to support a strike mandate, and not for a strike itself at this time. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Europe’s economy is booming as nations cast off crisis shackles
bnnbloomberg.ca
Europe’s private-sector economy is booming, accompanied by mounting inflation pressures as coronavirus restrictions loosen across the region.
Surveys of purchasing managers by IHS Markit showed euro-area activity growing at the fastest pace in 15 years, with companies struggling to keep up with demand and prices surging. Read more here.