CNBC: Goldman Sachs bankers are using flying drones to help clinch billion-dollar M&A deals

CNBC reports:
Key points 

– Goldman Sachs has been using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions.
– The coronavirus put an end to the in-person meetings and frequent travel of the due diligence process in M&A, forcing the use of drones for virtual site visits and teleconferencing tools including Zoom, BlueJeans, ...

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We’ll carry on flying says Antonov Airlines, despite Russia’s AN-124 engine worries

Ukraine’s Antonov Airlines says it will carry on flying, despite major safety concerns in Russia over the engines of AN-124s.
Yesterday, Volga-Dnepr told The Loadstar it was grounding its entire AN-124 fleet over safety concerns, following an engine failure on one of its aircraft at Novosibirsk earlier this month.
Konstantin Vekshin, group chief commercial officer, said: “I am of the opinion that [Antonov] needs to follow our example under the circumstances. It ...

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FMC cracks down on alliances after complaints of ‘unreasonable practices’

The US Federal Maritime Commission (FMC) has tightened the screws on the three major ocean carrier alliances, demanding carrier-specific trade data is filed monthly rather than quarterly.
The data goes to the FMC’s Bureau of Trade Analysis, which, given “recent fluctuations in the markets”, wants the information more frequently to help it better evaluate changes in the transpacific and transatlantic trades.
One of the FMC’s core functions is monitoring alliance agreements, which ...

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Carriers eye ‘anything floating’, while boxship charter market looks to MPVs for tonnage

A dearth of containerships for hire on the charter market has potentially brought lucrative opportunities for embattled multipurpose vessel (MPV) owners.
The number of container vessels idled around the world has fallen dramatically, from more than 500 in June to just 92 on 9 November, according to Alphaliner.
Moreover, the majority of these are unavailable for charter, as they are either undergoing scrubber retrofits, are the subject of legal process or, in ...

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Covid cluster delays air cargo at Shanghai and prompts inspections at ports

Chinese forwarders are reporting delays of up to three days for cargo moving through Shanghai Pudong Airport, following the discovery of a cluster of Covid-19 cases.
“Import and export customs inspections are suspended until further notice from the government,” said one forwarder.
He added that while flights continued to operate, along with customs clearance, pick-up and delivery, things “might be a bit slow” – but any goods requiring customs inspection are “on ...

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Shipping groups lobby Amazon chief to support stranded seafarers

Shipping organisations have written an open letter to Amazon’s Jeff Bezos, urging him to step in to help support stranded seafarers.
Bimco, the International Chamber of Shipping, Intertanko and Intercargo pointed out that “the strength of Amazon’s (and others’) supply chain is central to the success of red-letter retail days like Black Friday.
They wrote: “Today, 90% of global trade relies on shipping, which fundamentally serves essential needs, such as food, energy ...

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‘A handful of customs clerks is not enough to prevent post-Brexit traffic chaos’

The UK government has “seriously underestimated” the operability of post-Brexit customs, with the long-term effects being compared to “self-imposed sanctions”.
Forwarder John Shirley said there was a chronic level of understaffing in customs clerk roles, which he did not believe would become clear until the transition period ends on 31 December, he wrote on University College London’s Europe Blog.
“Just a minority of forwarders retain customs clerks in the EU, all of ...

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AIT Worldwide expands UK footprint with acquisition of Panther Logistics

AIT Worldwide Logistics is strengthening its position in the UK market with the acquisition of Panther Logistics, a next-day delivery specialist.
AIT already has a “significant presence” in the US white-glove home delivery market and e-fulfilment.
Panther, which recorded profits of £4m ($5.3m) after tax, on turnover of £58m last year, said the acquisition would allow it to invest in its operations and develop new services.
The management will largely remain, with commercial ...

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Against the odds: Klaus-Michael Kuehne and the unthinkable in the supply chain

When a powerful world leader in logistics like Klaus-Michael Kuehne talks vertical consolidation and related, unthinkable opportunities as well as innovative structural developments, with new alliances possibly forming for the asset-light players, you had better listen carefully to what he says.
And now, following his latest Q&A released (in German) last week by DVZ (headed: “Klaus -Michael Kuehne: Often enough we were the whipping boys”), we must duly question once more whether we have ...

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FT: Salesforce in talks to buy Slack in huge cloud software deal

THE FINANCIAL TIMES reports:
Cloud software company Salesforce is in talks to buy Slack, the work messaging app, in what would be one of the biggest software transactions to date, according to people familiar with the matter. 
An announcement could be made early next week, one person close to the deal said.
Marc Benioff, the founder and chief executive of Salesforce, has been on a hunt for acquisitions for some time ...

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The LoadStar

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Route: LHR - AMM
Dear Agents,
AIA Cargo and Royal Jordanian are happy to advise we till have space on our flight on the 15th November LHR-AMM with onward connections. Please call 0203 432 7810 or email sales@aiacargo.com for more info.
Thanks

RJ LHR-AMM Space 15th November

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Frankfurt
07NOV20 SU2657 FRA 1810 SVO 2325
08NOV20 SU2307 FRA 1210 SVO 1730
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12NOV20 SU2657 FRA 1940 SVO 2355
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08NOV20 SU7031 LEJ 2235 SVO 0215+
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07NOV20 SU2381 GVA 1725 SVO 2300
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07NOV20 SU2415 MXP 0140 SVO 0610
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14NOV20 SU2415 MXP 0140 SVO 0610

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LYBIAN AIRLINES OFFERS:

WEEKLY UPLIFT TO MISRATA (MRA) & MITIGA (MJI)

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02 NOV 2020
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AIA Cargo and SPICEJET are pleased to offer you weekly LHR-DEL A340 cargo/pax rotations with 3 x week ex FRA also. Onward freighter connections to BOM/HAN/KUL/SIN also. Contact us for more information sales@aiacargo.com 0203 432 7810

DELHI - Direct space ex HEATHROW with AIA and SPICEJET

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In dieser Woche haben wir noch offene Kapazitäten auf unseren Flügen ex BRU nach MIA. 
Amerijet fliegt aktuell 2 x wöchentlich mit einem B767 Frachter.

BRU-MIA // B767F // Tag 4 // Anlieferung in FRA am Tag 3 bis 08:00h - Aerotruck
BRU-MIA // B767F // Tag 7 // Anlieferung in FRA am Tag 6 bis 08:00h - Aerotruck

Offenen Kapazitäten FRA -> Südamerika, Karibik

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19 OCT 2020
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12 OCT 2020
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Royal Jordanian Airlines - additional freighter flight from MST to AMM on October 15th.

Royal Jordanian Airlines - Additional Freighter Flight CW 42

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08 OCT 2020
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Aeroflot Cargo UK - Important update on FWB/FHL messages regulation

Aeroflot Cargo UK - Important update on FWB/FHL messages regulation

Aeroflot -Russian Airlines
06 OCT 2020
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Dear Cargo Partners,

please observe following important regulation regarding FWB/FHL messages.

In accordance with the requirements of the Customs Code of the Eurasian Economic Union (EAEC) in the transport documents should indicate the name of the goods.

When specifying in the air waybill in the column "Nature and Quantity of Goods" nature of the cargo "CONSOL" please ensure that electronic information of the cargo (FWB, FHL) and their compliance with the information of paper air waybill and house air waybill. If there is no such information, Sheremetyevo Customs will impose a ban on unloading the cargo from the aircraft and the cargo will be returned to the point of departure.

In order to avoid delays during customs clearance, data for inbound cargo should be provided 4 hours before flight arrival at Sheremetyevo and for outbound cargo two hours before flight departure from Sheremetyevo.

Our Systems addresses are: SITA: CHACSSU or E-mail: aeroflotcargo(at)edi.champ.aero

We thank you for your usual support and cooperation and for observing these regulations.

Important Notice - FWB/FHL / Aeroflot-Cargo

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05 OCT 2020
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Join this webinar to find out more about the benefits of CHAMP's Traxon Global Security

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CHAMP WEBINAR: TRAXON Global Security

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28 SEP 2020
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