Newsletter N. 71| may 2018
No doubt we will remember Bali AGM for a long time! The spirit of FORCE was there and we really had three amazing days, special thanks to Ida, Lamhot and all Procargo staff.
As informed during Annual General Meeting we are going to have some improvment in our Association: A new website will be on line from June 2018: www.theinternationalforcegroup.org
As well as new mail contacts as follow :
We kindly ask you to use only the above mails because our previous mails to forceweb.co will be out of use.
FROM THE WORLD
In March 2018, the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI – Leibniz) and the Institute of Shipping Economics and Logistics (ISL) registered a substantial drop in world trade and container volumes. The level for that month was 133 points, down from the audited February figure of 135.5 points. The decline may be due to the new trade barriers between the USA and China, as throughput in ports on the US west coast and in some Chinese ports shrank in March. The flash estimate for March is based on data reported by 38 ports, accounting for close to 75% of the total index. The index itself is based on data from 88 world container ports that are continuously monitored by the ISL. The estimate for April will be published on 23 May 2018. (kd) www.rwi-essen.de/containerindex
Geneva – The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 1.7% in March 2018, compared to the same period the year before. This was five percentage points lower than the February result and the slowest pace of growth in 22 months.The sharp growth slowdown is principally due to the end of the restocking cycle, during which businesses rapidly increased their inventory to meet unexpectedly high demand. A softening of global trade is also evident.”It’s normal that growth slows at the end of a restocking cycle. That clearly has happened. Looking ahead we remain optimistic that air cargo demand will grow by 4-5% this year. But there are obviously some headwinds. Oil prices have risen strongly, and economic growth is patchy. The biggest damage could be political. The implementation of protectionist measures would be an own-goal for all involved—especially the US and China,” said Alexandre de Juniac, IATA’s Director General and CEO.
- 26 – 29 September 2018 – FIATA WORLD Congress – New Delhi, India
- 10 – 12 November 2018 – FORCE Far East Meeting – Cebu, Philippines
- 09 – 11 June 2019 – FORCE Annual General Meeting – Maastricht, The Netherelands