The Essential Guide to Transportation and Logistics

Vol XVIII No. 425, Sep 9 - Sep 22, 2019
Sailings Magazine
Sep 9 - Sep 22, 2019
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Sailings Spotlight
In April 2019 there was inflation of 0.44 percent with the Consumer Price Index (CPI) of 136.47. Of the 82 CPI cities, 77 cities experienced inflation and 5 cities experienced deflation.
Shipping
MSC Group is proud to be a new member of the North American Marine Environment Protection Association (NAMEPA), which works to preserve the marine environment by promoting sustainable maritime industry best practices and educating the public.
Shipping
Support appears to be building for new rules to regulate the speed of ships, with the International Maritime Organisation (IMO) under pressure to consider the subject at a meeting in London next week.
Economies - Regulations
National Planning Minister Bambang Brodjonegoro said Indonesia welcomed foreign investors for the development of a long-debated new capital city, a plan revived by President Joko "Jokowi" Widodo.
Economies - Regulations
The US has followed through with President Donald Trump’s threat earlier this week to increase import tariffs on $200bn of Chinese goods from 10% to 25%, as talks with China continue this week.
Economies - Regulations
President Joko "Jokowi" Widodo has reaffirmed his commitment to structural reforms during his "second term" to attract more investment to the country and to boost exports, saying that Indonesia needed to work hard to realize its immense potential as an economic powerhouse.
Logistics & Forwarding
The global freight forwarding market’s growth rate slowed from 8% in 2017 to 3.9% in 2018, according to new analysis by Ti, after the strong trading conditions in 2017 and the restocking that accompanied them ran out and collided with global economic uncertainties. And the market seems set to slow further this year.
Port - Terminal
MSC Mediterranean Shipping Company SA announces that it is increasing its majority stake in Terminal Investment Ltd (TiL) to 60%, following a deal with Global Infrastructure Partners (GIP) and other co-investors.
Port - Terminal
KEEPING a lid on container shipping capacity and preventing freight rates from slipping to unsustainably low levels remain major challenges for the container shipping industry, warns the International Chamber of Shipping (ICS).
Air - Express
Air freight is facing several more months of declining global demand, with various trade indicators pointing towards falling volumes from key markets until at least this summer, although the long-term prospects remain very positive, key industry specialists told last week’s Air Cargo News conference in London.
Air - Express
Shippers look set to benefit from more “favourable” air freight rates in the foreseeable future, with little change expected in the current soft market conditions, characterised by shrinking demand and capacity increases, according to one analyst.
Zimmoah
 
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