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Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Dec. 2 | In the first nine months of the year global container volumes rose 1% to 126.3 million TEUs, up just 1.3 million TEUs from the corresponding level in 2018 when growth was 3.8%, or an additional 4.6 million TEUs, as the effects of the trade war kick in,...

Air cargo volumes still on the decline

Air cargo volumes still on the decline

Nov. 30 | Worldwide air cargo volumes dropped 5.0% in October 2019 compared with the same month in 2018, but were 7% higher month-over-month, according to the latest market report from WorldACD. General cargo declined 8.2% in October year-on-year, while special...

Treaty tackling problem of unruly passengers set to come into force

Treaty tackling problem of unruly passengers set to come into force

Nov. 30 | The Montreal Protocol 2014 (MP14)—the agreement that enhances the capacity of states to curb the rising incidence of unruly behavior on board aircraft—will come into force on January 1, 2020. This follows the needed 22nd instrument of ratification...

Diverse emissions rules in cities sowing confusion among truckers

Diverse emissions rules in cities sowing confusion among truckers

Nov. 30 | Truck operators are navigating an increasingly complex and confusing regulatory environment as political momentum to address air pollution in cities gathers pace, says a new analysis from Transport Intelligence (Ti). The report observed: “Diesel emissions...

Chinese shipbuilders complete merger

Chinese shipbuilders complete merger

Nov. 29 | China has announced the completed merger of China Shipbuilding Industry Corporation (CSIC) and China State Shipbuilding Corporation Limited (CSSC) on November 26. The reorganized corporation, the new China State Shipbuilding Corporation, creates the world’s...

Air passenger market stabilizes, freight sector continues difficult run

Air passenger market stabilizes, freight sector continues difficult run

Nov. 27 | The effects of the economic slowdown and trade wars on the air passenger and freight markets, particularly those in Asia-Pacific, are apparent as 2019 draws nearer to a close, according to a new report from Airports Council International (ACI). The global...

Trade war leads to contraction of global forwarding market in H1

Trade war leads to contraction of global forwarding market in H1

Nov. 27 | The trade war between the US and China is pointed to as one of the major causes for the global freight forwarding market contracting in the first half of 2019, and there is fear the market could contract at its worst level in a decade, according to a...

First e-ATA Carnet successfully processed

First e-ATA Carnet successfully processed

Nov. 25 | Image from Pixabay. The International Chamber of Commerce (ICC) has confirmed the successful processing of the very first electronic version of the ATA Carnet, marking a major milestone in the history of the trade facilitation tool. The pioneering Swiss...

AAPA issues six resolutions for gov’t action amid multiple operational challenges

AAPA issues six resolutions for gov’t action amid multiple operational challenges

Nov. 25 | Saying the industry has entered a challenging, even threatening phase, leaders of Association of Asia Pacific Airlines (AAPA) member carriers have released a six-point resolution urging Asian governments to work with industry stakeholders in removing...

DHL Express bares new strategy, EUR1-B annual investment plan

DHL Express bares new strategy, EUR1-B annual investment plan

Nov. 25 | International express service leader DHL Express plans to invest more than EUR1 billion annually in technology and infrastructure as part of its newly unveiled Strategy 2025 that focuses on digitalization, e-commerce and sustainability. DHL Express presented...