All Freight Forwarder Articles – Page 49
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NewsCainiao targets Hainan free trade zone with freighter flights
Alibaba logistics arm Cainiao Smart Logistics Network has launched seven freighter flights to Hainan to meet demand following the island's designation as a free trade zone.The charter flights will operate between Singapore and Sanya and Haikou airports on the island. This comprises five weekly Haikou-Singapore direct flights and twice weekly ...
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NewsAsk the expert: The Future of Air Cargo
Air Cargo News — in partnership with Air Cargo Europe — will host the Future of Air Cargo webinar and we would like to give our readers the chance to submit question to our panel of experts.The webinar will explore how air cargo will emerge from the Covid crisis and ...
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NewsK+N records first airfreight volume increase in two years
Kuehne+Nagel (K+N) saw quarterly air cargo volumes increase for the first time in more than two years, while revenues and operating profits were also on the up.The Switzerland-headquartered freight forwarder recorded a 16% year-on-year increase in first-quarter airfreight volumes to 433,000 tonnes as the market bounced back from a pandemic-related ...
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Japan Post's sale of Toll Global Express 'painful'
Japan Post Holdings is expected to sell Toll Global Express at a loss as it looks to offload the troubled business.Earlier this week, Toll Group announced that it had entered into an agreement for the sale of its Global Express business to Australian private equity fund manager Allegro Funds.The Global ...
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NewsConsol Alliance expands UK-Australia services on rising demand
Consol Alliance, Alana RaittAustralian airfreight consolidator Consol Alliance has increased its services from the UK to four Australian Airports in response to rising e-commerce demand.The consolidator now offers services to Melbourne, Sydney, Perth and Brisbane a total of 20 times weekly, using a transhipment routing.The company said that a steady ...
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NewsCEVA secures air cargo capacity with own-controlled network
Image: CEVACEVA Logistics has launched its own-controlled airfreight network as it looks to counter market volatility.The forwarder said that it has purchased recurring capacity on key routes to create a "global network of available capacity" as part of its SKYCAPACITY programme.The network covers destinations to and from North and South ...
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B&H Worldwide expands in Singapore
Aerospace logistics firm B&H Worldwide has doubled the size of its operation in Singapore to meet rising demand.The new 28,000 sq ft facility is located adjacent to its existing operation within the ALPS Free Trade Zone at Changi Airport.B&H said the new unit will enable it to continue serving customers ...
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CEVA Logistics joins United's sustainability initiative
CEVA Logistics has joined United Airlines’ sustainability initiative, the Eco-Skies Alliance.United said that through its Eco-Skies Alliance, it is partnering with businesses such as CEVA Logistics to power future flying in a more sustainable way.CEVA Logistics and other Eco-Skies Alliance companies are working with United to collectively purchase approximately 3.4m ...
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NewsAir Cargo Europe: Air Cargo of Tomorrow – shaping the future of the industry
Air Cargo of Tomorrow – shaping the future of the industry (webinar)Join us on May 4 at 3pm BST / 4pm CEST / 10am EST to hear from airfreight experts as they discuss: Air Cargo of Tomorrow: Shaping the future of the industry.The session is organised by Air Cargo News ...
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Studies point towards acceleration in e-commerce logistics demand
E-commerce will continue to grow rapidly over the coming years resulting in retailers spending more on logistics operations to meet demand, according to two recent studies.Supply chain consultant Transport Intelligence's (Ti) Global E-commerce Logistics 2021 report shows that the global e-commerce logistics market grew by 27.3% year on year in ...
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DP DHL notes its strongest Q1 ebit in preliminary figures
Deutsche Post DHL's first quarter operating earnings reached record levels, according to preliminary results.Preliminary operating profit (ebit) for the first three months improved to around €1.9bn compared with €592m for the same period last year.The group said that the positive development of the group’s businesses seen in the fourth quarter ...
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Geodis promotes Saricinar into airfreight director APAC role
Geodis has promoted Yigit Saricinar — former sub-regional airfreight director, ASEAN (Association of Southeast Asian Nations) — into the role of airfreight director, Asia Pacific (APAC).Saricinar, who has 15 years of experience in the industry, also joins the company’s regional management board.He will report to Onno Boots, regional president and ...
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Transpac rates rise while supply chains brace for Ever Given impact
Air cargo rates on the transpacific trade lane picked up last week while capacity remains tight and supply chains brace for the impact of the Suez Canal blockage.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that last week prices from Hong Kong to North America increased by ...
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DHL continues Africa expansion with Unicargas partnership
DHL Global Forwarding (DHL GF) has expanded its presence in Africa by teaming up with Unicargas, a cargo carrier based in Angola.The five-year partnership will facilitate the movement of exported Angolan goods, carried by DHL GF, to Europe and the US - markets that make up 20% of exports from ...
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Seko Logistics and Peli BioThermal partner for pharma operations in Ireland
Seko Logistics has broadened its pharma capabilities in Ireland by opening a new 30,000 sq ft facility in Dublin and extending its partnership with temperature-controlled container manufacturer Peli BioThermal.The companies said the partnership will give Seko's customers in Ireland "quick and easy access" to Peli BioThermal’s temperature-controlled solutions, which offer ...
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TIACA issues call to action for air cargo
Air cargo group TIACA has outlined five areas of development that the industry should focus on over the coming years.The cross-supply chain group said that the industry should embrace digitalisation, sustainability, safety and security, liberalisation, and partnerships and collaboration in order to modernise and provide enhanced solutions addressing customer demands.On ...
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Forwarders to have a greater say in IATA's cargo programme
The Cargo Agency Conference (CAC) will in the future be required to consult with freight forwarder councils before any future resolutions are made.Following a recent decision, CAC, which is entirely composed of airlines, will have to consult with Regional Joint Councils before any future resolutions, or amendments to resolutions, are ...
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NewsCainiao tackles South America cargo crunch with Atlas and Latam
Cainiao Smart Logistics Network,the logistics arm of e-commerce giant Alibaba, has linked Latam Cargo to its partnership with Atlas Air to secure capacity and speed up connections into South America.The Special Prorate Agreement (SPA), which allows two or more airlines to connect services, will see Cainiao link the services flown ...
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NewsMNG Airlines orders A330-300 freighter conversions
Turkish cargo operator MNG Airlines has ordered two Airbus A330-300 freighter conversions from EFW, the joint venture between ST Engineering and Airbus.The first A330 passenger aircraft was inducted for conversion today, while work on the second aircraft will commence in 2022. Conversion work will be carried out at EFW’s facility ...
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NewsDB Schenker sees revenues and profits increase in 2020
DB Schenker saw revenues and profits increase last year despite air and ocean volumes both declining.The Germany-headquartered freighter forwarder recorded a 7.8% decline in airfreight volumes last year to 1.1m tonnes, while ocean demand was down 10.5% to just over 2m teu.However, revenues in 2020 increased by 3.4% year on ...