All Freight Forwarder Articles – Page 21
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NewsWeFreight hires new MD
Axel Herzhauser. Photo: WeFreightDubai-headquartered freight forwarder WeFreight has appointed Axel Herzhauser as its new global managing director, effective immediately.Ingo Kloepper will be stepping down from the role after a short transition period.Herzhauser, who will be based in Dubai, was previously regional managing director for Middle East and Africa at CEVA ...
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NewsCargo-partner expands in the UK with Heathrow office
Source: Cargo-PartnerLogistics firm cargo-partner has continued to expand its presence in the UK with the addition of a new office close to Heathrow Airport.The company said the new office is in response to "growing customer demand from local customers".The company also has UK offices in Manchester, Basildon and Bradford and ...
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News
Omni Logistics takes Forward Air to court over merger delay
Omni Logistics has filed a lawsuit against Forward Air in a bid to enforce the merger agreement between the two companies.The merger agreement between the companies was announced in August, however, at the end of October, global multimodal provider of air, ocean and ground services Omni Logistics said it had ...
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News
Flexport adds SAF option to forwarding platform
Freight forwarder Flexport has partnered with climate change tech firm Chooose to add an option to utilise sustainable aviation fuel (SAF) to its platform.Flexport customers will have access to the SAF option within the forwarder's sustainability dashboard.The book and claim model will enable customers to purchase SAF certificates that can ...
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News
CH Robinson third quarter air cargo volumes dip
Multimodal third-party logistics service provider (3PL) CH Robinson saw air cargo volumes within its forwarding unit drop in the third quarter as it grappled with a challenging market.Minnesota, US-headquartered CH Robinson saw its third-quarter (for the period ending September 30) revenue fall by 27.8% year on year to $4.3bn and ...
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NewsDHL holds out against lower volumes in Q3
DHL Group HQ in Bonn. Image Source: DHL GroupA logistics market that is continuing to return to pre-pandemic normality in the wake of the spike in demand seen during the Covid crisis, coupled with an unsettling global geopolitical and economic situation, has impacted DHL Group’s newly released third-quarter financial results.As ...
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NewsFedEx pack an economic punch
Image Source: FedExFedEx Corporation has released its annual Economic Impact Report, a study that assesses the company’s worldwide network and its role in driving innovation over the course of the 2023 fiscal year (defined by FedEx as running from June 1 2022 to May 31 2023).The report is used to ...
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NewsTough market for Expeditors
Jeffrey Musser of Expeditors. Image Source: ExpeditorsSeattle, Washington State-headquartered logistics giant Expeditors International of Washington, Inc. has announced its third-quarter 2023 financial results.Operating income fell by 59 percent over the same quarter of 2022 to $216m as revenue fell by 50 percent to $2.2bn.Airfreight tonnage volumes were down by 14 ...
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NewsDB Schenker all set for Singles’ Day and Black Friday
Inside a DB Schenker warehouse, Copyright DB Schenker Lauren WallenbergGermany-headquartered logistics giant DB Schenker is ramping up its e-commerce business as two important dates in the retail calendar approach: China’s Singles Day on November 11 and Black Friday on November 24.For e-commerce, they also mark the start of the most ...
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NewsPlain sailing for Rock-it
Rock-it Cargo, Canada sailing container. Image Source: Rock-it GlobalRock-it Global has successfully handled the logistics for Team Canada’s involvement at the 2023 Pan American Games in Santiago, Chile.The Games were launched at an opening ceremony on October 20 and ran until yesterday (November 5).Rock-it – a provider of time-critical ...
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NewsHactl scoops two awards, while Kerry also receives recognition
Hong Kong Air Cargo Terminals Limited (Hactl), Hong Kong’s largest independent cargo handler, has won two awards at this year’s Supply Chain Asia Awards.It was named Air Cargo Terminal Operator of the Year based, it said, on its submission covering ongoing innovations including its new ‘Animal Limo’ live animal transfer ...
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NewsKuehne+Nagel recertified for CEIV Pharma across its airfreight healthcare network
KN employee labelling a package for cooling. Image Source: Kuehne+Nagel Switzerland-headquartered Kuehne+Nagel has gained a third consecutive IATA CEIV Pharma certification for its entire airfreight healthcare network. CEIV Pharma is IATA’s Center of Excellence for Independent Validators standard for pharmaceutical handling, designed as a quality control yardstick ...
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News
Global Critical Logistics expands in Asia Pacific with double deal
Time-critical and live event logistics firm Global Critical Logistics (GCL) has expanded its presence in the Asia Pacific region through the acquisition of two New Zealand-based forwarders.GCL announced yesterday that it had acquired Auckland-based Time Frame Logistics and Wellington-based Xtreme Forwarding.Time Frame specialises in live event logistics and will have ...
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Insights
Governments must help forwarders invest in environmental sustainability
Freight forwarders are ready to tackle emissions but support from governments is needed to help them overcome the challenges in achieving environmental sustainability.The freight transportation industry significantly contributes to climate change, accounting for around 11% of global greenhouse gas emissions.However, freight forwarders and their transportation partners increasingly recognise the need ...
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NewsScan Global Logistics expands into South Korea with latest acquisition
L to R: Rob Erskine, SGL, Hoe Jick (Erick) Yang, ENK, Kwon Jik (Kevin) Yang, ENK and Søren Madsen, SGL. Source: SGLScan Global Logistics (SGL) has expanded into the South Korean market through the acquisition of its partner ENK Logistics.ENK Logistics was established in 2006 by Hoe Jick (Erick) ...
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NewsHopes diminish for an air cargo peak season boost
Hopes of a surge in air cargo demand towards the end of the year diminished in October as the latest data showed only a slight uplift in demand.The latest figures from data provider Xeneta show that air cargo demand increased 2% in October compared with September which is described as ...
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NewsRhenus targets growing perishables market with new China team
Source: nitpicker/Shutterstock.comLogistics firm Rhenus Group has added a dedicated perishables team to its operation in China on the back of increasing demand.The new team will be part of Rhenus Fresh and will target the transportation of goods between Greater China, Europe and Latin America, in particular Chile."Rhenus Chile's major trade ...
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NewsKuehne+Nagel airfreight volumes drop again in Q3
Airfreight forwarder Kuehne+Nagel (K+N) suffered the impact of a difficult market as it reported a further decline in year on year volumes in the third quarter.K+N saw its airfreight volumes drop 9% year on year in the third quarter to 493,000 tonnes.Revenues and profits also declined. Air net turnover declined ...
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NewsRock-It acquires Dell Will Customs Brokers
Rock-It Global car shipment. Photo: Rock-It GlobalRock-It Global, the provider of time-critical freight forwarding and logistics services for the live event, entertainment, sports, and broadcast industries, has acquired customs broker Dell Will to drive growth in the motorsports sector.Founded in 2000, Dell Will specialises in providing customs clearance services for ...
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News
DSV volumes fall once more in Q3
Multimodal freight forwarder DSV saw its third quarter air cargo volumes fall 14% year on year.DSV recorded a decline in volumes from 375,990 tonnes in the third quarter of 2022 to 324,436 tonnes in the same period of this year.Echoing its analysis of the first quarter of the year, DSV ...