The Future Of Environmentally Sustainable Supersonic Air Travel And Time-Critical Air Freight Is At Our Doorstep
Boom Technology, a US-based supersonic transport startup, is developing a supersonic jet in partnership with Japan Airlines that will fly from NY to London in less than 3.5 hours. The new jet, named Overture, is expected to be in service for passenger flights as soon as 2025-2027. The reappearance of supersonic jets has the potential to transform the marketplace for time-critical air freight carriers and for courier giants such as Fedex and DHL, by reducing the transit time as well as the environmental impact of freighter aircraft. Boom Technology is exploring ways to improve on the Concord jet by using a new technology being developed by Prometheus, for producing aviation fuel which is converted from CO2 emissions in the atmosphere into liquid hydrocarbon and then transformed into aviation fuel. As a result of developments in propulsion technologies, the new jet is expected to fly at speeds in excess of Mach 2.2 without the use of afterburners, reducing the noise level and environmental damage associated with the first generation of supersonic aviation. Read more about this exciting development here.
Case Study – Railway Tram Systems Transport and Installation
International transport of railway tram systems presents a unique set of challenges. These oversize rail cars require special handling to move safely from factory to destination. The process involves engineering the trams with lifting points for safe hoisting by cranes, performing inland route surveys, securing ocean carrier and port approvals, custom design and sourcing of spreader bar assemblies, overseeing crane operations at inland origin and destination points, managing loading and lashing at ports of loading and on board ships, as well as securing on mafi platforms and drop deck trailers. Marine engineers are hired to survey the entire process and ensure the units are safely lifted and secured for transport. Overseas Brokers has managed turnkey projects from factories in the US and Europe to multiple destinations in the Middle East and Caribbean including transport, heavy lift operations and installation onto the tracks for entire tram systems, as well as railway track laydown and ongoing supply of equipment for system maintenance .
To see video of a modern tram arrival by ship, it’s journey from the port to the track and a test run, click here: https://www.youtube.com/watch?v=6AOk5BQpZbg
To read more about double decker and single deck open tram systems we handled, click on the following links:
New York is the First Port of Call
New York is the first port of call for most container ships arriving at US east coast ports, due to its ability to handle ultra-large container ships and easy access to the Midwest. Factors that make NY attractive for the biggest carriers include the recent raising of the Bayonne Bridge, improvements in its waterways, major capital investments and the imminent completion of the ExpressRail terminal in Bayonne. Read about the recent arrival of the YM World at Freightwaves.
Three Shipping Giants Join to Create Blockchain Platforms for International Supply Chains
Three competing shipping giants have joined a tech venture to develop blockchain platforms for international supply chains. They joined forces to remain relevant in the logistics industry, where players like Amazon have become leaders in cloud computing and international logistics for their own use, only to turn around and resell those services to the industry. Read more about this trend at JOC.
Digital Freight Management Systems
Digital freight management systems may push traditional freight forwarders out of business. However forwarders offering 3PL services, provide added value because the complexity of certain supply chain services are not conducive to digitization. Cargo owners benefit from digital platforms by cutting out middlemen for point to point transport but still need logistics specialists to handle pre and post-shipment services.
To learn more about digital platforms and related block chain developments, click on below links:
Ocean Freight Rates
Ocean freight rates are impacted by reversals in short and long term demand as a result of the trade wars. According to some analysts, container rates from China typically increase with demand before tariff increases take effect. Once the tariffs are in place, demand softens, creating downward pressure on freight rates. Read more from Freightwaves here.
Steel and Aluminum Tariffs
Steel and aluminum tariffs have been lifted on imports from Canada and Mexico to the US. In return, Canada has agreed to lift the retaliatory tariffs on import of certain products from the US. This move will bring welcome relief to many industries. Imports into Canada still require NAFTA documentation for customs. Once the USMCA is approved by all parties, the requirements are likely to change.
Read more at Transport Topics
(Photo: An employee performs a quality check on a steel slab at a plant in Nanticoke, Ontario, Canada. Cole Burston/Bloomberg)