Unitrans Global Logistics Newsletter | Edition 79 | October 31, 2017
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Unitrans International Logistics Global Newsletter

In Edition 79:
> Air Berlin's Final Flight
> KLM Amsterdam - Mumbai After 16 Years
> U.S. Dept of Commerce Investigation: PET Resins
> L.A. Block Independent Contracted Trucks
> Cargo Ship Sinks near Philippines

Links of the Week

Workers withdraw strike in Chittagong

Plane Finder App

2017 Clean Air Action Plan Update

Unitrans Newsroom

Air Berlin's Final Flight

October 28, 2017 marked the final flight for the German airline Air Berlin. After 40 years operating as the second largest German airline, they declared bankruptcy in August after their largest shareholder, Etihad Airlines pulled funding. In the interim, the airline operated under a 150 million euro government loan while negotiating possible deals. EasyJet and Lufthansa have come out of negotiations splitting the assets.

"EasyJet made the purchase for 40 million euros ($46.43 million), but additional financing is required since transition costs are not included," according to Reuters. This would make EasyJet the leading carrier in Berlin. "The remaining assets and operation will be taken over by Lufthansa, Germany's largest airline, which will take over 81 Air Berlin aircrafts and 3,000 of its employees after making a 1.5 billion euro ($1.8 billion) investment earlier this month."

KLM Flies Amsterdam to Mumbai After 16 Years

KLM is resuming Amsterdam-Mumbai service after 16 years with three weekly flights beginning on October 29, 2017. The new service will enable Air France-KLM to catch up with Lufthansa that is now the biggest European airline flying to India. KLM CEO Pieter Elbers said in a statement, "With the addition of the new flight, there would be 31 direct flights between India and the Netherlands each week." Jet Airway is also launching Bengaluru-Amsterdam and Chennai-Paris flights during the winter schedule and together the three airlines will operate 64 flights per week to the European hubs. Click here to read more.

U.S. Dept of Commerce Investigation: PET Resins

Antidumping (AD) duty scrutiny continues as the U.S. Department of Commerce initiated a new investigation into imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, Korea, Pakistan and Taiwan this week. Click here to read more.

L.A. Trying to Block Independent Contracted Trucks

The city of Los Angeles will explore whether it can block companies from doing business at its port if they use truck drivers classified as independent contractors under a motion introduced. Click here to read more.

Cargo Ship Sinks Near Philippines

More than 18 days after a 33,205-tonne cargo vessel, Emerald Star, sank 280 km off the Philippines, the Japanese Coast Guard has called off its rescue operation to track a Virar-based Captain Rajesh Nair, who is among 10 missing crew members.

International Holiday Calendar

*Holidays do not necessarily indicate close of business*

 


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