Commentary: 20-foot container crunch may impact harvests

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

The U.S. agriculture industry has faced numerous headwinds during the COVID-19 pandemic, and with harvests just around the corner, there is a trend developing that could impact the availability of the industry’s desired 20-foot containers.

Wheat waving in the breeze.
(Photo: Melissa Askew/Unsplash)

Containership lines’ blank sailings over the past few months...

https://s29755.pcdn.co/news/commentary-20-foot-container-crunch-may-impact-harvests

Recognizing and reducing the impact of auto cyberattacks

Over the past decade, the share of connected vehicles in the automobile market has steadily increased. Electrification trends, autonomous driving development and rising consumer interest in shared mobility ensure that connected vehicles will dominate the auto market in the future. 

That said, connected vehicles present a host of vulnerabilities, including risks to data privacy, driver safety and uninterrupted services. Cybersecurity is a crucial talking point within this ambit, as cyberattacks...

https://s29755.pcdn.co/news/recognizing-and-reducing-the-impact-of-auto-cyberattacks

Commentary: Will reinsurance stabilize trade flows?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

Both the United States and the European Union (EU) have been looking into novel ways to stabilize their supply chains amid the COVID-19 pandemic. Since their economies are highly dependent on international trade it makes sense to dig deeper into trade facilitation. The EU government has already put policies in place that stabilize the insurance side of the...

https://www.freightwaves.com/news/commentary-will-reinsurance-stabilize-trade-flows

Expedited trans-Pacific LCL filling a growing niche

Southern California ports

Major ocean freight consolidators in the U.S. market see no shortage in demand for expedited less-than-container load (LCL) service requests from freight forwarders during the ongoing global pandemic.

These services promise roughly 12-day port-to-port transits between China’s dominant seaports and Los Angeles and Long Beach in Southern California, compared to mostly standard, monthlong ocean transits for eastbound, trans-Pacific container traffic.

Although expedited LCL services are three to four...

https://www.freightwaves.com/news/expedited-trans-pacific-lcl-filling-a-growing-niche

DHL injects $1.6M into new Indianapolis life sciences facility

DHL Global Forwarding

DHL Global Forwarding (OTCMKTS: DPSGY) has opened a 20,000-square-foot, temperature-controlled facility in Indianapolis that will cater to pharmaceutical and medical product shippers.

The $1.6 million facility has variable temperature capabilities to process all types of pharmaceutical, biotech or medical products that require strict temperature control, the company said.

The Indianapolis facility is one of eight “Certified Life Sciences Stations” that support DHL’s Thermonet service for...

https://www.freightwaves.com/news/dhl-injects-16m-into-new-indianapolis-life-sciences-facility

Commentary: When is a carrier price gouging?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

There is a lot of talk about the recently soaring spot rates in trans-Pacific container trade. Year-over-year increases of 70% and higher are hard to ignore, especially in the middle of a pandemic – a time when many are working desperately to keep supply chains intact. Shipper associations may become even more concerned given the degree of consolidation among...

https://s29755.pcdn.co/news/commentary-when-is-a-carrier-price-gouging

How the FMC monitors ‘blank sailings’ and their competitive impacts

U.S. Federal Maritime Commission

The coronavirus pandemic has made the schedule-driven ocean container carriers seasick. To counter decreased U.S. import volumes and maximize vessel operations, these companies have resorted to the use of “blank,” or canceled, sailings.

Shippers and non-vessel-operating common carriers have struggled to manage their own fragile supply chains against hundreds of skipped-sailings announcements in recent months.

While blank sailings offer ocean container carriers a means to economize their...

https://s29755.pcdn.co/news/how-the-fmc-monitors-blank-sailings-and-their-competitive-impacts

Commentary: Flags of inconvenience causing problems for crew members

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

On a tonnage basis about 70% of U.S. exports and imports travel by ocean vessel. Volume-wise it is the most important mode of international trade. When merchandise trade is focused on Canada and Mexico, as members of the United States-Mexico-Canada Agreement (USMCA), the motor carrier sector dominates in U.S. export flows. Since March 21, 2020 border crossings...

https://s29755.pcdn.co/news/commentary-flags-of-inconvenience-causing-problems-for-crew-members

Fire extinguished on Ethiopian Airlines freighter at Shanghai airport

Ethiopian Airlines freighter

An Ethiopian Airlines Boeing 777-200 freighter caught fire while loading cargo Wednesday at China’s Shanghai Pudong airport.

The plane was operating on a regularly scheduled cargo service from Shanghai to Sao Paulo-Santiago via Ethiopia’s Addis Ababa airport, according to a message on the airline’s website. News reports say the freighter arrived at Shanghai from Brussels International Airport.

The fire appeared to start on the main cargo deck, burning through the fuselage, based on videos posted...

https://www.freightwaves.com/news/fire-extinguished-on-ethiopian-airlines-freighter-at-shanghai-airport

LATAM lands Brazil’s last COVID-19 emergency air bridge flight

LATAM Airlines cargo airlift

LATAM Airlines Group (NYSE: LTM) said this week it has landed its last flight of a three-month “air bridge” between China and Brazil to transport much needed protective face masks to fight the coronavirus pandemic in the South American country.

The Chilean carrier flew 39 flights from China transporting 240 million N95 surgical masks under contract with Brazil’s Ministry of Infrastructure. The project marked the first time LATAM Group aircraft have operated in China.

The airline started the air...

https://s29755.pcdn.co/news/latam-lands-brazils-last-covid-19-emergency-air-bridge-flight