All Freight Forwarder Articles – Page 33
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NewsLATAM and DSV to expand Huntsville freighter operation
Source: LATAM CargoLATAM Cargo and DSV will increase the frequency of their freighter partnership operating out of Huntsville as they look to capitalise on demand to South America.The partners started the service five months ago with a once-a-week flight on Mondays between the US airport and Viracopos in Brazil utilising ...
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Novo Nordisk signs up for SAF with K+N
Healthcare firm Novo Nordisk has partnered with Kuehne+Nagel (K+N) to use 12m litres of sustainable aviation fuel (SAF) for its air cargo shipments.The agreement comes as the healthcare firm has the ambition to reach zero CO2 emissions from operations and transport by 2030."With the deployment of 12m litres of SAF, ...
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Soft market conditions continue in air cargo
Soft market conditions continue in air cargo as trade worries, high inflation and new Covid lockdowns impact demand.This week's market round-ups from forwarders and analysts point to a weakening market in terms of demand, although rate declines have eased.Flexport mentioned lockdowns being introduced in Ningbo and their potential to hit ...
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DP DHL to raise outlook following improvement in e-commerce
Deutsche Post DHL will raise its outlook for operating profits after consumer e-commerce demand picked up in the third quarter of the year.The express and postal giant said that third-quarter earnings before interest and tax (ebit) is expected to reach €2bn compared with €1.8bn last year."Therefore, 2022 ebit guidance (currently: ...
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NewsHellmann and partner create new Swiss forwarding arm
Photo: Hellmann Worldwide LogisitcsHellmann Worldwide Logistics and partner ATS-Hellmann Worldwide Logistics will transfer their air and seafreight activities in Switzerland to Hellmann through the creation of its own Swiss national company.Hellmann will take over the international air and sea freight services previously performed by ATS-Hellmann at the beginning of 2023.The ...
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Index-linked air cargo contracts take off
The air cargo industry has witnessed a rapid increase in the use of index-linked agreements (ILA) since the start of the pandemic as firms look to protect themselves against contract breakdowns due to swings in rates.John Peyton Burnett, managing director of airfreight rate data firm TAC Index, said that prior ...
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NewsSaudia Cargo extends ULD partnership with Unilode
Source: Saudia Cargo, unilode - Above L-R Teddy Zebitz and Ross MarinoUnilode Aviation Solutions has announced the extension of its unit load device (ULD) management partnership with Saudia Cargo until 2028.Unilode, a specialist in outsourced ULD management, repair and digital services, was awarded the supply and management of Saudia Cargo’s ...
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NewsCargoAi launches CO2 Efficiency Score
Source: CargoAiCargoAi has launched its CO2 Efficiency Score in response to growing market need for greater visibility on CO2 emissions.Within its real-time Cargo2ZERO suite of solutions the new shipment emissions calculator enables freight forwarders to make informed green choices when booking online as well as engage in data driven conversation ...
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NewsVIDEO: AFA expects air cargo capacity challenges to continue
Brandon Fried, executive director, Airforwarders Association, tells Air Cargo News that capacity challenges in air cargo are set to be around for a while longer.
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NewsDB Schenker’s 3D printing and virtual warehousie for spare parts logistics
Source: DB SchenkerLogistics provider DB Schenker is offering 3D printing and virtual warehousing in what it says will make spare parts supply chains becomes faster, cheaper, and more sustainable.DB Schenker CEO Jochen Thewes said: "We are the first global logistics provider to offer spare parts delivery via 3D printing. Products ...
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NewsCEVA Logistics expands global air capacity
Source: CEVA LogisticsCEVA Logistics has expanded its owned and controlled SKYCAPACITY program and added five more stations to its network of airfreight locations certified under IATA’s CEIV Lithium Battery program.In an announcement at IATA’s World Cargo Symposium in London, CEVA confirmed that it has purchased additional air capacity on key ...
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NewsDHL Global Forwarding opens new South Africa transhipment hub
Executive Mayor, Tania Campbell and Clement Blanc, DHL GF. Source: DHL GFDHL Global Forwarding has opened a new transhipment hub and head office in Johannesburg, South Africa, close to OR Tambo International Airport.The €7m facility includes offices, 10,000 sq m of warehouse space and temperature-controlled chambers.It will serve as a ...
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NewsCrane Worldwide appoints Ang in industrial role
Janet Ang. Source: Crane Worldwide LogisticsFreight forwarder Crane Worldwide Logistics has appointed Janet Ang as global vice president of industrial as it looks to strengthen its focus on the sector.The forwarder said that Ang will drive the strategic direction of its industrial sector, supporting the development of "additional integrated supply ...
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NewsDHL: Trade volumes stay strong despite global shocks
Global trade bounced back quickly following the Covid-pandemic and remains strong despite the war in Ukraine and rising cost of living, according to the DHL Trade Growth Atlas 2022.The report, which was produced in conjunction with New York University Stern Business School (NYU Stern), found that the Covid pandemic had ...
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Forwarder deugro sells its Russian business
Project forwarder deugro has sold its Russian business following the outbreak of war in Ukraine.The company said that the deal was completed on September 5 and the sale was a buyout by former local management."This concludes deugro’s intent of divesting its interests in Russia since the advent of the war ...
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NewsScan Global Logistics adds second UAE office this year
Source: Scan Global LogisticsFast-growing forwarder Scan Global Logistics (SGL) has opened its second office in the UAE in less than a year.The new office is based in the Abu Dhabi Airport Freezone, which SGL said would allow fast freight handling, including expedited customs services."By having customs close by, we can ...
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NewsAero Africa opens Nairobi office
Absolom Ngari. Source: Aero AfricaAir cargo service provider Aero Africa has opened a new regional office in Nairobi.The new office will look after the group’s interest in the region, operating as a control tower and centralised service centre in East Africa."The new team focuses on promoting Aero Africa’s digital airfreight ...
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Hong Kong airfreight volumes hit by e-cigarette transhipment restrictions
Air cargo volumes out of Hong Kong are being affected by regulations around the transport of e-cigarettes into the special administrative region (SAR) for transhipment.The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) said that in April the Smoking Ordinance 2021 came into operation banning the import of smoking ...
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REPORTS: Deutsche Bahn to sell DB Schenker
The German federal government and Deutsche Bahn have agreed to sell the state-owned rail operator's freight forwarding subsidiary DB Schenker, according to news agency Reuters.Quoting sources at both Deutsche Bahn and the government, Reuters said that the sale would be approved as early as this year.The sale could take then ...
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Growing EV Cargo acquires 75% of Air Express Cargo
Freight forwarder EV Cargo has purchased a 75% stake in Spain-based Air Express Cargo as it looks to expand its presence in Europe.Air Express Cargo was formed in 2004 and operates out of offices in Madrid, Barcelona and Valencia, providing air and sea forwarding and customs brokerage services on behalf ...