Newsletter – May 1, 2020
AIR FREIGHT UPDATES
Massive air cargo capacity gap threatens critical deliveriesinsidelogistics.caGENEVA – Air cargo capacity dropped by almost 23 per cent in March, while volumes fell only 15 per cent.“At present, we don’t have enough capacity to meet the remaining demand for air cargo,” said Alexandre de Juniac, International Air Transport Association’s (IATA) director general and CEO, in releasing the March data. Read more here.
With carriers under fire, China’s latest holiday adds to the pressure on air cargotheloadstar.comFlows of PPE out of China are expected to see further delays as the country goes on holiday until Tuesday, while rates continue to soar, triggering criticism of airlines.It is expected that China’s risk control office, which oversees and checks PPE exports, will close and there could be reduced hours at Customs. Read more here.
Another seven years for Air Canada and Unilodeaircargonews.netAir Canada and ULD firm Unilode Aviation Solutions have extended their ULD management agreement for another seven-year term.The deal, which began in 2012, has also been extended to include Unilode’s digitalistion solution. Read more here.
Covid-19 impact on airlines sees interest in freighter conversion take offtheloadstar.comFreighter conversion specialist Aeronautical Engineers has been busy, and the months ahead promise more work to come.“We signed some contracts over the last two months, and we’re going to sign some more -800 contracts in the next few weeks,” said Bob Convey, vice-president of sales & marketing of the company, which has focused heavily on 737 conversions. Read more here.
OCEAN FREIGHT UPDATES
FIATA publishes new position paper on container imbalance during COVID-19fiata.comZurich, 30 April 2020 – FIATA has recently published a position paper titled “Container imbalances and COVID-19: Freight forwarders’ role in finding solutions to the problems of today”. The paper is the latest in a series of resources produced by FIATA for the freight forwarding industry in response to the COVID-19 pandemic to empower all stakeholders at the national and international level.The new position paper addresses the issue of container imbalances in the supply chain amid the COVID-19 outbreak and its impact on many of the world’s economies. It also highlights the important role of the freight forwarding industry to harness opportunities and provide value-added services to ensure the fluidity of global supply chains in this unprecedented situation. Read the position paper.
ITF warns governments to be careful bailing out debt-laden carrierstheloadstar.comAs the economic fallout from the coronavirus pandemic continues, the OECD’s International Transport Forum (ITF) has renewed its criticism of the structure of the liner shipping industry, according to Splash247. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Disinfection robot being put to the test in Montrealinsidelogistics.caMONTREAL – The Research Institute of the McGill University Health Centre says it will soon conduct the first Canadian test of a robot that uses ultraviolet light to disinfect.The Montreal institute moved to order the robot just as the COVID-19 pandemic was emerging in China and Europe to see if the technology could be useful to Canada. A first robot arrived Monday for testing purposes. Read more here.
Ontario releases safety guidelines for re-openinginsidelogistics.caTORONTO ― The Ontario government released safety guidelines today to provide direction to those working in manufacturing, food manufacturing and processing, restaurant and food service, and the agricultural sector.These measures build on more than 60 guidelines developed by Ontario’s health and safety associations in response to COVID-19 for various sectors such as retail, health care, construction, transportation, police services, firefighters, and transit employees. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
The China model on the catwalk: can fashion retailing recover?theloadstar.comAs China eases itself out of lockdown and stores re-open, the rest of the world is looking to see how its economy and retail sector has been affected – and what lessons can be learned.Retail globally has been rocked to its core – on top of a difficult 2019, the average market capitalisation of apparel, fashion and luxury dropped 40% between January and 24 March this year. Read more here.