All Freight Forwarder Articles – Page 106
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News
CEVA sees airfreight demand improve but records another loss
CEVA Logistics saw airfreight volumes grow ahead of the market last year but revenues decreased and it recorded another loss.The forwarder recorded a 5.5% year-on-year decline in revenues for 2016 to $6.6bn, while losses came to $159m last year compared with $195m in 2015.Adjusted earnings before interest, tax, depreciation and ...
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Supply chain firm Tigers launches e-commerce offering for customers
Supply chain company Tigers has launched an online shopping portal that allows companies to sell their products in China and southeast Asia.As well as listing products, Tigers’ eShop takes payments, offers supply chain management, order fulfilment and returns.Tigers chief executive and group managing director Andrew Jillings said: “Tigers eShop offers ...
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Forwarder Crane reshapes European team
Freight forwarder Crane Worldwide has appointed Chris Lee, formerly global account manager, as UK managing director based at the firm's new warehouse facility in London Heathrow.Lee has been with Crane Worldwide since 2011 and has over 20 years of experience in the industry starting out in an operational role with ...
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Double-digit airfreight growth for Panalpina but profits take a hit
Panalpina recorded a double-digit improvement in air cargo volumes last year but rate hikes in the second half of the year put pressure on profits.The Switzerland-based freight forwarder saw 2016 revenues decrease by 11.3% year on year to SFr5.2bn ($5.1bn), while operating profits were down 30.1% to SFr82bn and net ...
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K+N targets acquisitions as profits reach record levels
Kuehne+Nagel (K+N) will look to make "selective acquisitions" after it managed to increase airfreight volumes ahead of market growth levels last year and overall earnings reached record levels.The Switzerland-based freight forwarder saw 2016 total group revenues decrease by 1.5% year on year to SFr20bn, while net earnings for the year ...
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NewsDHL's green award for Lufthansa Cargo
German airline Lufthansa Cargo has been named a ‘preferred carrier’ by DHL Global Forwarding and presented with a GoGreen carrier certificate.Rather like the Michelin Star system for restaurants, Lufthansa Cargo has been awarded with four “green aircraft” by the German-based logistics giant for its environmentally-friendly performance.Lufthansa Cargo was the only ...
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Air cargo under no immediate threat from start-ups but should still be watchful
The air cargo industry should not ignore the threat of start-ups but in the short term there is no major threat of disruption.During a conference session at the Air Cargo Africa event, panellists outlined their thoughts on whether the air cargo industry could be at threat from start-ups, in the ...
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News
Is rail a real challenge to east-west airfreight?
A new rail service between China and Europe could eat into airfreight traffic, suggests a major European freight forwarder.Kuehne + Nagel’s (K+N) recently launched KN Eurasia Express will be aimed at less than container load consignments, particularly customers in automotive, high-tech, and fashion. There will be direct links between its ...
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Dimerco reorganises for future growth
Taiwan-based freight-forwarder Dimerco Express announced a number of internal appointments at its annual management meeting on 10 February, including relocating key staff to develop opportunities in the buoyant North America and Europe regions.Paul Lee becomes chief commercial officer, while Joey Chou was appointed corporate vice president, business development. Andy Hsu ...
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German giant on the prowl in North America
DB Schenker is on the hunt for a US acquisition, according to recent press reports.The Wall Street Journal quoted chief executive Jochen Thewes as saying that the German-based forwarder is looking to expand outside its current core Europe/Asia market, possibly by buying a major US domestic player.The report added that ...
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News
AeroVision turns to B&H Worldwide at Heathrow
Michigan-based AeroVision International has confirmed that it is to open a new forward stocking location in the UK to serve customers in Europe, the Middle East and Africa in collaboration with B&H Worldwide, the London-headquartered logistics provider and a specialist in the delivery of aerospace parts.“Our newly initiated warehouse will ...
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News
C H Robinson spreads its wings
Third-party logistics services provider C H Robinson is continuing to expand its worldwide freight forwarder network.The 3PL recently opened new offices in Asia and Canada and also acquired APC Logistics, a Melbourne-headquartered provider of freight forwarding and customs brokerage services in the Australasia region.These expansions have led to the creation ...
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News
Greencarrier finalises CargoWise One implementation
Greencarrier Freight Services has completed the global implementation of WiseTech Global’s CargoWise One end-to-end logistics management software.Greencarrier Freight Services is a multimodal freight forwarding company with offices in the Nordic and Baltic countries, Eastern Europe, Central Asia and China.CargoWise One is a single-platform software solution designed for logistics businesses.Chief financial ...
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News
Mercedes-Benz renews with CEVA in Brazil
Mercedes-Benz's Brazilian division has renewed its existing business partnership with CEVA Logistics and the awarded additional contracts.CEVA's services to Mercedes-Benz are concentrated in the southeast region of Brazil. Under the renewed contract, in-house logistics services at the customer’s plant in the city of Juiz de Fora, Minas Gerais, will be ...
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News
DSV reveals 2016 performance as UTi’s integration continues
Denmark-headquartered logistics services provider DSV has published its 2016 annual report and, given the ongoing integration of new acquisition UTi into the business, it makes for some interesting reading.DSV’s Air & Sea forwarding division saw 2016net revenue increased by 48% compared to the previous year, its gross profit by 57.6%.The ...
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News
Fashion firm Missguided signs up with Kerry Logistics
Multi-channel fashion retailer Missguided has selected Kerry Logistics to provide air and ocean services.The contract will see Kerry handle all international air and ocean needs for the UK-based retailer, as well as providing a wide range of value-added services and on-the-ground logistics support through its network across the Greater China ...
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News
Agility adds new Hyderabad pharma facility
Logistics firm Agility has opened the first temperature-controlled life sciences storage and handling facility in the Hyderabad Airport Zone.The 6,000 sq ft Life Sciences Excellence Center (LSEC) at Rajiv Gandhi International Airport will serve pharma manufacturers in Hyderabad, Goa, Pune, Vishakhapatnam and Bangalore.The centre will provide conditioning, preparation and storage ...
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Miami completes first sea-air shipment
Miami International Airport (MIA) has completed its first-ever ocean-to-air perishables transhipment - 10 tons of peas from GuatemalaThe peas arrived aboard the Crowley Maritime Corp. vessel Tucana J at Port Everglades on January 30, were trucked to MIA, and then departed to Amsterdam via a Centurion Cargo flight on February ...
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News
K+N gains CEIV Pharma certification for specialist network
Global forwarder Kuehne+Nagel (K+N) has gained IATA's Center of Excellence for Independent Validators for pharmaceutical handling (CEIV Pharma) certification covering its entire KN PharmaChain GxP air network, currently including 86 locations on all continents.The IATA CEIV Pharma standard ensures the integrity of every pharmaceutical and healthcare product in the airfreight ...
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UPS launches new labelling system to speed up shipments
UPS has added a new labelling system to help speed up air and ocean shipments by bypassing distribution centers.The UPS Trade Direct Solution allows importers and manufacturers to bypass distribution centers by adding the final destination label to individual packages for immediate last mile delivery.“Origin labeling provides greater flexibility to ...