Newsletter – May 14, 2020
AIR FREIGHT UPDATES
ICAO calls for sanitary sky corridors to expedite critical cargo flightsfreightwaves.comGovernments should follow harmonized hygiene standards for crews, aircraft and airport facilities so authorities have the confidence to freely allow passage of air cargo flights with essential medical supplies and food, the International Civil Aviation Organization (ICAO) said Wednesday. Currently such flights face severe delays because of inconsistent border restrictions. Read more here.
OCEAN FREIGHT UPDATES
Container shipping well-positioned to ride out pandemiclloydsloadinglist.comContainer shipping is far better positioned to ride out the coronavirus pandemic than it has been when confronted with previous crises, according to Soren Skou, CEO of AP Moller-Maersk. Read more here.
Ports laying groundwork for post-coronavirus businessfreightwaves.comPorts around the globe will have to change the way they do business in a post-pandemic world.Port officials already are changing the way they interact. The World Ports Conference was to have taken place in March in Antwerp, Belgium, but the spread of the coronavirus foiled that plan. Read more here.
More state bailouts spark claims of ‘unfair competition’ among container linestheloadstar.comWith Europe’s CMA CGM becoming the latest major container line to tap state aid, there are growing concerns that carriers will not compete on a level playing field post-coronavirus crisis.The Loadstar reported yesterday on a €1.05bn loan secured by CMA CGM from a consortium of banks, 70% guaranteed by the state, and which can be extended by up to five years. Read more here.
CANADA BUSINESS – GOVERNMENT UPDATES
Customs Notice 19-14 Regarding Mandatory Electronic Reporting for Exporters Revised due to COVID-19ciffa.comCustoms Notice 19-14, originally published on July 8, 2019, indicated that, as of June 30, 2020, the CBSA will no longer accept paper export declaration forms (B13As), and exporters, or their customs service providers, will be required to report exports electronically through either the Canadian Export Reporting System (CERS) or the G7 Export Reporting Electronic Data Interchange (G7-EDI).Due to the COVID-19 pandemic, the CBSA and Statistics Canada have agreed to extend the decommissioning of the Canadian Automated Export Declaration (CAED) system and the onboarding window to register with CERS to September 30, 2020 for exceptional cases where the client cannot meet the original June 30, 2020 timeline. Summary reports, however, must be submitted via the CERS portal as of June 30, 2020.Find more details in Customs Notice 19-14.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Reshoring likely to emerge as post-Covid trendinsidelogistics.caNEW YORK – Almost two thirds of North American manufacturers are contemplating reshoring manufacturing and sourcing as a result of the Covid-19 pandemic.Of those, about 20 percent say they are extremely likely to move production back to North America. Read more here.
Warehouse capacity contracts as imports arrive amid low demand, closed storefrontssupplychaindive.comDive Brief:The Logistics Managers’ Index (LMI), a measure of logistics activity, fell to 51.3 in April, an all-time low for the index, following a temporary surge in activity in March. Readings lower than 50 indicate the sector is shrinking and readings above 50 indicate growth.The index showed that warehouse capacity, transportation utilization and transportation prices all contracted in April. Read more here.