All Freight Forwarder Articles – Page 115
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News
Panalpina: No plans to participate in consolidation amongst larger forwarders
Panalpina is expecting consolidation among larger players in the freight forwarding industry to continue but has no plans to participate as it concentrates on implementing its new IT system.Speaking shortly after announcing its full-year results, Panalpina chief executive Peter Ulber ruled out the chance of Panalpina participating in “high risk” ...
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NewsPanalpina to get new chief executive as Ulber moves up to chairman
Freight forwarder Panalpina will get a new chief executive as current incumbent Peter Ulber moves up to the role of chairman.Ulber, who is 56-years-old and took up the chief executive role in 2013, will succeed 72-year-old Rudolf Hug as chairman as he leaves the position due to age limitations in ...
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Dachser USA Air & Sea Logistics looks to expand
The US arm of German forwarding group Dachser is looking for further expansion that saw a 16% surge in gross revenue to $192m in 2014 and a 23% rise in airfreight volumes to 22,000 tonnes.Frank Guenzerodt, president and chief executive of Dachser USA Air & Sea Logistics, said that the ...
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CEVA gets new Australia facilities
CEVA Logistics has opened new facilities at Hazelmere and High Wycombe in Australia, close to its Perth Airport freight hub.The new Hazelmere multi-user facility measures 60,000sq m while the new vehicle storage complex at High Wycombe comes in at 40,000sq m.CEVA said it had constructed the new buildings near the ...
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Airfreight droops but profits rise at Expeditors
Seattle-based logistics company Expeditors International said its airfreight tonnage decreased 1% in the fourth quarter of 2015. However, overall financial growth was strong, despite the decrease and a 2% fall in ocean container volume, said senior vice-president and chief financial officer, Bradley Powell.President and chief executive officer Jeffrey Musser said ...
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UK's FTA launches aviation working group
The UK’s Freight Transport Association (FTA) has announced that it is launching a new working group to look at issues affecting the airfreight sector.The freight and logistics group said it had decided to launch the group as airfreight is a crucial part of UK logistics and the wider economy, and ...
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Logwin adds new German office
Logistics firm Logwin has continued to expand its German operations with the opening of a new office in Mannheim, providing air and ocean forwarding services.Head of Logwin Air + Ocean Deutschland Stefan Schwind said it had decided to open the new office to be close to its air and ocean ...
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Toll records revenue and operating income declines
Freight forwarder Toll has seen revenues and operating profits decline since its takeover by Japan Post last year.The Japan Post Group, which is reportedly interested in the purchase of DHL Global Forwarding, released its results for the nine month period until the end of December.Its international logistics business, which is ...
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NewsMarket Talk: Deutsche Post considers future for DHL Global Forwarding, says Reuters
DHL Global Forwarding may be sold or spun off by German parent group Deutsche Post, with Japan Post Holdings a possible buyer, claims news agency Reuters, citing "two people familiar with the matter".Deutsche Post and Japan Post, which owns top-20 forwarder Toll Global Forwarding, both declined to comment.According to Reuters, ...
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World's largest airfreight forwarders lose marketshare in 2015
The world’s largest airfreight forwarders lost airfreight marketshare on their smaller rivals last year, but the top-ten players remained unchanged.Figures from analyst WorldACD show that the world’s top-20 forwarders saw their airfreight marketshare, based on dollar revenues, decline from 44.5% to 43%, while volume share was down from 43% to ...
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NewsDSV sees airfreight demand grow ahead of market while profits soar
The first of the major European freight forwarders has reported its 2015 full-year results, with DSV recording ahead of market airfreight growth and increases in profits and revenues.The Danish forwarder, which in January received final regulatory clearence for the takeover of UTi, recorded a total revenue increase of 4.7% year ...
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Damco back in profit for 2015
Damco, the freight forwarding arm of Danish maritime giant AP Moller-Maersk (APM), moved from an underlying $225m loss in 2014 to an underlying $15m profit in 2015 as its airfreight volumes fell by 4%.“Productivity improvements, overhead cost reductions and growth in supply chain management activities were the primary drivers behind ...
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TPP trade deal signing welcomed by UPS
UPS has welcomed the eventual signing of the Trans-Pacific Partnership (TPP) free trade agreement but commentators have warned that there are years of negotiations ahead.Earlier today 12 nations - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam – signed up to the TPP ...
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Panalpina launches research into 3D printing and the supply chain
Logistics giant Panalpina and Cardiff Business School at Cardiff University are expanding their research partnership to include new manufacturing technologies such as 3D printing.The aim is to help Panalpina’s customers identify the right products that could be switched from traditional to new, ‘additive manufacturing’ techniques which include 3D printing.The use ...
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News
CEVA serves an ACE in the US with new Customs system link
CEVA Logistics has completed the implementation of a new Customs brokerage system across its US operation.A mandate from US Customs required all forwarders to file their entries using ACE (Automated Commercial Environment) by the end of February 2016. At that time, ACE becomes the primary system through which the trade ...
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SEKO Logistics wins environmental approval
SEKO Logistics has received approval for its latest data update with the SmartWay Transportation Partnership.The Partnership, a collaboration between the US Environmental Protection Agency (EPA) and industry, provides a framework to assess the environmental and energy efficiency of goods moving in supply chains.SEKO chief operating officer US Rick Lee said: ...
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CH Robinson adds new LA cargo screening facility
CH Robinson has opened a new US Transportation Security Administration (TSA) certified cargo screening facility in Los Angeles as it looks to reduce reliance on third-party service providers.The new in-house screening facility includes approximately 1,850sq m of warehouse space, state of the art screening machines, and a dedicated airfreight team ...
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Air cargo industry set to benefit from easing of Iranian sanctions
The logistics industry stands to benefit from the removal of Iranian sanctions but uncertainties remain “substantial”, according to one logistics consultant.In a research note, Transport Intelligence practice leader Thomas Cullen said that the removal of certain aspects of the Iranian sanction regime had “triggered a flood of business, much of ...
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WACO System launches vendor membership
Global freight management network The WACO System has created a new associate vendor membership level, with Chapman Freeborn and Cargoguide as the first two members in that category.The new membership is open to suppliers providing “critical services” to The WACO System’s independent forwarder members.Richard Charles, executive director, The WACO System, ...
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DSV clears final regulatory hurdle in $1.35bn takeover of UTi
South Africa's antitrust authority has given its approval for DSV's $1.35bn takeover of UTi, the last country regulator to do so, clearing the way for the transaction to close later this week.Shareholders at US logistics player UTi have already voted in favour of the offer from the Danish forwarder, a ...