Newsletter – August 9, 2019

AIR FREIGHT UPDATES

The Potential Effect Of Hong Kong Protests On Cathay Pacific

simpleflyling.com

Hong Kong airline Cathay Pacific had just managed to return to profits posting better than expected earnings numbers for the first half of the year, but is warning investors of the potential effect of the Hong Kong protests. Read more here.

GROUND AND RAIL FREIGHT UPDATES

CN and CSX announce new intermodal service offering

canadianshipper.com

Montreal, QC —CN and CSX announced a new intermodal service offering between CN’s greater Montreal & Southern Ontario areas, and the CSX-served ports of Philadelphia, New York, New Jersey and the New York City metropolitan area. Read more here.

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

Two typhoons menace Asian sea freight centers

freightwaves.com

Many of north-east Asia’s mega ports are directly in the path of two super-typhoons. The first is about to blow in from the Pacific and make landfall within the next few hours. Read more here.

As U.S. and China lock horns in worsening trade battle, Canadian business investment feels the fallout

business.financialpost.com

A sharp escalation in U.S.-China trade tensions will likely dampen commodity prices and keep Canadian capital investments in a tight holding pattern when they ought to be taking off, analysts say. Read more here.