The Loadstar
As indicated in The Loadstar last week, problems at Boeing will mean freighter orders will go to the back of the queue. Boeing has said it will push back its first 777-8F deliveries, as well as ending production of the 767F. It will also cut 17,000 staff. President and CEO Kelly Ortberg said customers should not expect 777-9s before 2026; and...
North American supply chain stakeholders near-shoring to Mexico have increased opportunities for the region’s trucking sector, but the upcoming change of US president could jeopardise – or encourage – trade relations. Since former president Donald Trump replaced the North American Free Trade Agreement (NAFTA) with the United States-Mexico-Canada...
Remarks by CMA CGM’s CFO Ramon Fernandez appear to contradict a statement by CEO Rodolph Saade a month ago that it was ready to participate in a French windfall tax scheme, claiming it would make the carrier uncompetitive. The €800m ($875m) windfall tax, which would be levied over two years, is part of a move by the French government to plug a hole...
The Canadian east coast gateway of Halifax – and, by extension, port operator PSA which runs its two container terminals – has emerged as the main winner from the three-day ILA stoppage on the US east and Gulf coasts. “Despite the Chinese Golden Week contributing to a temporary rise in blank sailings, Halifax saw increased activity during the ILA...
The ecommerce titans are quickly adapting their business models in the face of greater regulatory oversight and heavy competition. Executive action, announced by the White House last month, to tighten scrutiny of ecommerce and de minimis shipments has triggered changes by Chinese platforms – although implementation of some new rules has been delayed. ...
Israel’s assault on Lebanon has left the country bereft of airfreight capacity, its sole airline struggling to service demand and charter companies unwilling to plug the gaps. Mourad Aoun, CEO of distribution firm The Net Global, which has branches in Lebanon, said regional supply chains’ capacity to do business had been “significantly impacted”...
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