All Freight Forwarder Articles – Page 35
-
News
Rhenus adds 'carbon-neutral' airfreight service
Rhenus Logistics is introducing a carbon-neutral airfreight service between Germany and Brazil as the first step in its sustainability efforts for air cargo.The programme will offer customers a carbon-neutral consolidation service from Frankfurt (FRA) to São Paulo (SAO).Rhenus will offset the total emissions from the trade lane through the third ...
-
News
DSV second quarter income resilient against weakened demand
DSV has reported positive air results for the second quarter of 2022, aided by ongoing oceanfreight disruption and its acquisition of Agility’s Global Integrated Logistics (GIL), against a softening of demand.In the second quarter of 2022, the forwarder's Air & Sea division reported a 102.7% year-on-year increase in earnings before ...
-
News
Kuehne+Nagel records strong Q2 airfreight results
Kuehne+Nagel’s (K+N) air logistics division has recorded robust results for the second quarter of 2022 despite the recent market slowdown.The air division's second-quarter net turnover was SFr3.2bn, up 37% from the same period of 2021, earnings before interest and tax (ebit) was SFr401m, 65% up year on year and air ...
-
NewsK+N's former Russian business to be renamed Noytech Supply Chain Solutions
Perry Neumann. Source: Noytech Supply Chain SoultionsKuehne+Nagel's (K+N) former Russian business will be run under the name Noytech Supply Chain Solutions after being acquired as part of a management buyout.Air Cargo News sister title DVZ reports that former K+N employee Perry Neumann has purchased the business, which has 24 branches ...
-
News
Kuehne+Nagel adds new pharma charter product
Kuehne+Nagel has launched a new healthcare solution that will offer capacity on its air cargo charter flights out of Liege.The new MedConnex service aims to address constraints in terms of airfreight capacity, especially for cargo that requires specialised handling and transportation such as temperature-controlled and GDP-compliant shipments.The service will utilise ...
-
News
Rates predicted to stay high despite a muted air cargo peak season
Transportation rates are expected to stay above pre-pandemic levels for the foreseeable future despite the recent slowdown in demand.Seko Logistics chief growth officer Brian Bourke said that demand had slowed this year compared with 2021 and that the constant peak season experienced over the last two years has been replaced ...
-
NewsBlacksmith Freight Services invests in Manchester Airport warehouse
Roger Black and Tom Black. Photo: Blacksmith Freight ServicesThe Manchester Airports Group (MAG) has let 33,000 sq ft of its warehouse space at World Freight Terminal to 3PL and freight forwarder Blacksmith Freight Services.The large warehouse unit will be used by Blacksmith for storage and distribution functions, whilst the business ...
-
NewsAF KLM Cargo and Bolloré Logistics expand SAF partnership
Source: AF KLM CargoAF KLM Martinair Cargo (AFKLMP) and Bolloré Logistics are expanding their partnership on the use of sustainable aviation fuel (SAF) as part of their wider efforts to reduce their environmental impact.The original agreement from 2021 covered the use of SAF for Bolloré's shipments on AFKLMP Cargo flights ...
-
NewsCEVA expands in Africa with latest acquistion
Source: CEVAFast-growing CEVA Logistics is expanding its presence in Africa through the purchase of forwarder Spedag Interfreight.Spedag has offices in several countries in east Africa and specialises in energy and infrastructure, aid and relief, oil and gas, and commodities.The company employs around 400 people in 24 locations in Kenya, Uganda, ...
-
NewsCardinal Global Logistics appoints marketing and sustainability boss
Kelly Hobson. Photo: Cardinal Global LogisticsUK-headquartered freight forwarder Cardinal Global Logistics has appointed its first chief marketing and sustainability officer.Kelly Hobson began in the role on July 1 and is responsible for the overall creation and implementation of a global marketing and sustainability strategy.In 2021, Cardinal Global Logistics saw a ...
-
NewsNew MD for time:matters Singapore
Jon Norvald Haugen. Source: time:mattersTime-critical logistics firm time:matters Singapore has appointed Jon Norvald Haugen as its new managing director.Haugen started the role on July 1 and succeeds Wolf-Dieter Schwarz, who led time:matters Singapore since 2013 but has now retired.Prior to his new role, Haugen held various management roles within Lufthansa ...
-
NewsGeodis appoints executive vice president, commercial and marketing
Laurent Melaine. Geodis’ executive vice president, commercial and marketing. Credit: Thomas LaisnéFreight forwarder Geodis has appointed Laurent Melaine as executive vice president, commercial and marketing.He is a member of the executive committee, reporting to Marie-Christine Lombard, chief executive.Melaine began his career at Transports Graveleau and then Dachser, holding various business ...
-
NewsDHL eCommerce ramps up near Coventry Airport
Photo: DHLDHL eCommerce Solutions will invest in a new e-commerce hub near Coventry Airport in the UK.The company has announced plans to invest €560m across its UK ecommerce operation, DHL Parcel UK. Nearly half of the investment will be in a new 25,000 m2 hub in SEGRO Park Coventry Gateway, ...
-
NewsRhenus Air & Ocean appoints co-CEOs
Tobias König (L) and Jan Harnisch. Source: Rhenus GroupRhenus Air & Ocean has appointed Jan Harnisch and Tobias König as co-chief executives as the company focuses on "transformational growth".Under the new co-leadership structure, Harnisch and König will jointly chart the "strategic direction to further accelerate Rhenus Air & Ocean growth ...
-
News
Geodis completes Keppel purchase as it expands in Asia Pacific
Geodis has completed the acquisition of e-commerce specialist Keppel Logistics as the forwarder expands its presence in Asia.The deal was first announced at the start of the year but Geodis has now obtained all regulatory approvals allowing completion.Geodis said the acquisition would bolster the two firms' respective e-commerce offerings by ...
-
InsightsAfrican airfreight on the ascent
As it emerges from the pandemic, Africa’s airfreight and logistics market is in expansion mode, attracting significant investment, writes Roger Hailey.There is investment in new and converted freighter aircraft, upscale cargo drones, consolidation in the cargo ground handling sector and the acquisition of a large specialist freight forwarder by a ...
-
NewsRhenus opens UK life sciences centre near Heathrow
Photo: Rhenus GroupRhenus Air & Ocean UK has opened a life sciences and healthcare hub in Ashford, Middlesex near Heathrow Airport.The freight forwarder – the UK arm of the German-owned Rhenus Group - said the waerhouse is the first facility of its kind in Europe for Rhenus Group and will ...
-
News
IAG Cargo joins Neutral Air Partner network
IAG Cargo has joined the Neutral Air Partner (NAP) network as an airline partner.NAP, which also includes consolidators, general sales agents, charter brokers, forwarders and express operators among its members, said it would work with IAG Cargo jointly in various initiatives to support small and medium sized forwarders.IAG Cargo includes ...
-
News
Dispute between K+N and energy shipper goes to arbitration
A dispute between Kuehne+Nagel and oil and gas field services company Baker Hughes has been ordered to arbitration by a US federal court judge.The case centres on the September 2020 transportation of an air cargo shipment that was seized by customs authorities at its destination in Brazil.In court documents seen ...
-
NewsDHL Global Forwarding signs up for Frankfurt Airport warehouse
Frankfurt CargoCity South. Source: FraportDHL Global Forwarding has signed up to take one of the remaining warehouse slots at Frankfurt Airport's CargoCity South development as it looks to expand charter operations.Construction will start in mid-2023 on an area of around 60,000 sq m. Once complete, the warehouse, including office spaces, ...