All Freight Forwarder Articles – Page 113
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News
CEVA looks to ease complex Brazilian Customs processes
CEVA Logistics has updated its Customs clearance operation in Brazil as it attempts to streamline country’s complex and changing processes.The forwarder said the complex nature of Brazilian Customs processes can lead to delays for those companies not working with a partner who is fully conversant in all aspects of their ...
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DHL opens pharma centre at Schiphol
DHL Global Forwarding has opened a logistics centre for life science and healthcare products at Amsterdam-Schiphol airport in the Netherlands.The Life Science Competence Center is located next to the airport at the business park Schiphol Southeast. It serves as a hub for the transport, transport preparation, temporary storage, and transport ...
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DSV's UTi acquisition sees airfreight soar but profits take a hit
DSV Air & Sea has recorded drastically improved airfreight volumes as its latest acquisition, UTi, is included in its opening quarter results for the first time.During the first quarter of the year, DSV, which recently won the Air Cargo News forwarder of the year award, saw airfreight volumes increase by ...
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Deutsche Post DHL enjoys strong first-quarter profit, but airfreight demand slides
Deutsche Post DHL Group (DP-DHL) increased its earnings before interest and tax (EBIT) by an impressive 21.3% year on year to reach €873m in the first quarter of 2016, but airfreight volumes declined.However, revenue fell year on year by 6.1% to €13.9bn, due in large part to negative currency effects, ...
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Reports suggest HNA could invest in CWT Logistics stake
Chinese conglomerate HNA could be about to expand its freight business as reports suggest it is set to launch a bid to take a controlling interest in CWT Logistics.Reports emerged last week that HNA, which has stakes in several airlines, including Hainan Airlines and Tianjin Airlines, and logistics businesses, is ...
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News
Agility reports generally positive first quarter
Integrated logistics services provider Agility has revealed its financial results for the first quarter of 2016, highlights including a net profit of KD13.1m ($43.5 million) – an increase of 10.9% over the first quarter of 2015.However, revenue fell to KD298.8m ($991.25m), a 6.1% decrease over the same three months of ...
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German rail to sell a minority stake in Schenker
Deutsche Bahn (German railways) has confirmed plans to push ahead with the sale of a stake in its DB Schenker forwarding and logistics arm.It confirmed today (5 May) that the management board is to develop an implementation plan for a third-party minority holding in DB Schenker, as well as its ...
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News
Seko finds UK aerospace home
Seko Logistics has opened its first Centre of Excellence for the UK aerospace and aviation sector at Farnborough Airport near London.Seko already has similar centres in Europe, the Americas and Asia Pacific, while its global aerospace and aviation headquarters is in Dallas, the second largest aerospace market in the world.Farnborough ...
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News
CEVA profits stay strong despite soft market
Logistics firm CEVA says it maintained profitability in the first quarter of 2016 despite “market headwinds” that continue to affect all industry players.Excluding currency factors, revenue dropped 5.3% from $1.7bn in first quarter 2015 to $1.6bn during the same period this year as a result of rate decreases.Earnings were up ...
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Dachser revenues benefit from exchange rate gains
Logistics firm Dachser's Air and Sea Logistics business saw revenues climb by 8% last year to €1.6bn.The German company said the increase in revenues was largely thanks to exchange rate gains, with tonnage experiencing “anaemic growth”.“From this you can see that, as in Road Logistics, we will not lower our ...
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News
Brussels is Panalpina’s first CEIV station
Panalpina has achieved IATA CEIV (Centre of Excellence for Independent Validators) certification for pharma traffic at its Brussels operation, following a strenuous validation process.It is the forwarder’s first station to obtain the certificate, which is becoming the benchmark for air freight related cross-dock operations for healthcare products.Panalpina’s Belgium head of ...
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NewsPanalpina sees air cargo volumes jump despite tough market conditions
UPDATED: Panalpina recorded a market-beating 5% increase in airfreight volumes during the first quarter of the year as it counteracted a tough oil and gas market but pre-tax earnings declined.The Switzerland-based freight forwarder recorded first-quarter air cargo volumes of 216,000 tons compared with 205,000 tons for the same period in ...
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NewsRevealed: 26 trends to impact logistics
DHL has revealed 26 key trends that could impact the logistics industry in the next five to ten years.The supply chain giant’s 2016 Logistics Trend Radar, the third in the series, introduces new trends, tracks the evolution of previous ones and identifies those that have faded or become mainstream since ...
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News
Logistics industry responds to Ecuador earthquake
The air transport and logistics industries have begun contributing towards relief efforts to help those in Ecuador affected by a huge earthquake at the weekend.On Saturday evening, the country was struck by a magnitude 7.8 earthquake and 300 aftershocks leaving more than 450 people dead and 2,500 people injured.Deutsche Post ...
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News
DHL opens advanced Singapore facility featuring robotic technology
DHL Supply Chain has opened an Advanced Regional Center (ARC) in Singapore featuring automation systems with advanced robotics.The 90,000sq m facility, which increases the logistics firm’s warehousing footprint on the island by 40%, uses 130 robotic shuttles to pick and store products from 72,000 locations spread across 26 levels.DHL believes ...
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NewsKuehne + Nagel records small drop in Q1 airfreight demand
Kuehne + Nagel registered a slight decline in airfreight volumes during the first quarter of the year on the back of a slowdown in market demand.The Switzerland-based forwarder, which last year saw air cargo tonnage grow ahead of the market, reported a 0.3% year on year first-quarter demand decline to ...
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Brussels Airport sees official launch of Air Cargo Belgium
Air Cargo Belgium (ACB), the new air cargo community organisation at Brussels airport, had its official launch this week.The new organisation, whose formation was announced in December last year, groups all companies at BRUcargo, the airport’s airfreight cluster, as well as related stakeholders or official organisations.Said BRUCargo: “Traditionally, there have ...
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Pharma GDP for IJS Global GEFCO Netherlands
IJS Global GEFCO Netherlands (NL) has been awarded a Good Distribution Practice (GDP) certificate by the Dutch Ministry of Health.The internationally-recognised certificate shows that the company fulfils the requirements of the European Commission’s Guidelines on Good Distribution Practice of Medicinal Products for Human Use and of World Health Organization (WHO) ...
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Airfreight rates slide for the fourth month in a row
Airfreight prices declined for the fourth month in a row in February and the tough market conditions are expected to remain this year.The latest figures from Drewry’s Sea & Air Shipper Insight shows that in February airfreight prices slipped to their $2.57 per kg − the lowest level since the ...
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News
Kerry raises stake in Indian forwarder
Asia-based Kerry Logistics has signed a memorandum of understanding to increase its stake in Chennai, India-based Indev Logistics.The announcement was made at the re-branding ceremony held on 13 April in New Delhi in the presence of minister for commerce and industry, Ms Nirmala Sitharaman.Indev will be renamed as Kerry-Indev Logistics, ...