Coronavirus live reports; USPS delivery delays trouble ecommerce sellers; new data reveals how COVID hit world trade; ATA accuses ocean carriers/pool operators of limiting chassis choice; estimated rise in Asia–Europe contract rates; solid ocean cargo profits despite weak volumes; and plans for shipping industry decarbonisation dominate this week’s freight updates. Short on time? Check out our summary of the latest shipping industry news:
Week 35 Freight Updates
August 28th, 2020
Virus Update: California Plans Site to More Than Double Testing, World Economic Forum Rescheduled
Thailand Turns to Road and Rail Spending to Prop Up Economy, GM White-Collar Staff to Make In-Demand Pickups, VW Offers Virus Testing in Germany, American Air Sees 19,000 Job Cuts, CEOs Speed Up Digital Push, Delta Set to Furlough Over 1,900 Pilots in October, and more!
Postal Delivery Delays Trouble E-Commerce Sellers
U.S. Postal Service package-delivery delays are causing headaches for e-commerce sellers and prompting digital marketplace eBay Inc. to look for alternatives as heavy online demand taxes domestic parcel networks.
New data trove reveals how COVID hit world trade
Track all the ships in the world. What they’re carrying, where they’re loading, where they’re unloading. Create a near-real-time map of how all commodities and goods flow across the globe. This is the holy grail of ocean shipping data …
ATA accuses ocean carriers, pool operators of 'sweetheart deal' and limiting chassis choice
The American Trucking Associations’ Intermodal Motor Carrier Conference has filed a Federal Maritime Commission complaint against the Ocean Carrier Equipment Management Association and 11 of the largest ocean carriers …
JOC Uncharted: Shippers should plan for rising Asia–Europe contract rates
Spot rate developments are an indicator of what to expect from the long-term contract market, and current trends show the spot market on Asia–Europe continuing to increase, according to Xeneta.
Transport Intelligence sees ocean cargo rate rebound
Two leading container shipping lines reported figures at the second quarter and half-year point over the past week, confirming the general trend towards solid profits in the face of weak volumes.
LNG And The Pathway To Shipping Industry Decarbonisation
The global shipping industry is facing a period of unprecedented change. Only last year ship-owners and operators were struggling with how to respond to the introduction of the IMO’s sulphur cap – a “once in a decade” challenge.
