According to a recent report by Bloomberg, American negotiators are advocating to remove Mexican long-haul trucks from the NAFTA Chapter on cross-border services. Under the current NAFTA agreement, the U.S. has long been restricting trade over the Mexican border. The 1994 protocol provision opened up the United States to Mexican long-haul truck transportation, which was […]
Boeing patented intermodal container plane
Boeing holds a little-known patent that could revolutionize the way air freight moves. In December of 2015 the company patented a design for a cargo ship that can roll over a row of 20-, 40-, or 53-foot intermodal shipping containers, lower itself, lock them into place, and then proceed down the runway and take off. […]
E-commerce makes peak season for air cargo year-long
The impact of e-commerce on the air cargo market this year has been immense as rapidly rising online ordering drives up demand for cross-border shipments. Nowhere is this more apparent than in China, with Alibaba claiming that more than a million retailers participated in the country’s Singles’ Day Nov. 11 online shopping extravaganza. Alibaba said […]
NRF: US Container Ports to Witness Flat November Imports
After months of record-setting volume ahead of the holiday season, imports at major US container ports should be essentially flat this month compared with the same time last year, the National Retail Federation and Hackett Associates said.
US regulators move to ease NVOCC contracting rules
US maritime regulators have proposed changes designed to make it easier for non-vessel-operating common carriers (NVOCCs) to provide negotiated rate and service arrangements. NVOCCs cheered the unanimous vote by the Federal Maritime Commission (FMC) to issue a notice of proposed rulemaking in response to a 2015 petition by the National Customs Brokers and Forwarders Association […]
American Airlines adds third non-stop Beijing connection
American Airlines (AA) has launched daily non-stop B787-7 Dreamliner flights between Los Angeles and Beijing – its third direct link with the Chinese capital. AA also flies to Beijing from Chicago and Dallas.
Xi Jinping, Donald Trump oversee signing of US$253 billion in trade deals
Chinese President Xi Jinping and his US counterpart Donald Trump witnessed the signing of deals worth US$253 billion on Thursday, making the US head of state’s visit to China one of the most fruitful for Chinese and US businesses in terms of the value of agreements struck.
Japan says TPP trade deal talks ‘agree in principle’
Talks on pushing ahead the Trans Pacific Partnership (TPP) trade deal without the United States reached a critical point on Thursday as ministers from the 11 countries discussed a proposed agreement in principle. Clear agreement on proceeding without the US would be a boost for the principle of multilateral free trade pacts over the bilateral […]
No autumn blues for air cargo, says WorldACD
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September. WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level not seen for two years in “the beleaguered air cargo world”. Its prediction that October […]
Freighters paying the price for fast growing aviation business
Shippers to Europe may face having to reconfigure their air cargo supply chains as overloaded hub airports revoke freighter slots and force the all-cargo flights to alternative and often less efficient smaller airports. This is a scenario that has been raised by developments at Amsterdam Schiphol, Europe’s third busiest air cargo hub, where from Nov. […]