Freight forwarders – Page 100
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Airfreight prices climb in June but growth rate narrows
Global average airfreight rates continued to track ahead of last year’s levels in June, but the rate of improvement has slowed compared with a month ago.The latest Sea and Air Shipper Insight report from Drewry shows that average all-in buy rates across 21 major east-west trade lanes increased by 1.1% ...
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DHL and Huawei announce 'internet of things' partnership
Deutsche Post DHL (DP DHL) and communications giant Huawei Technologies have announced a new partnership that aims to develop supply chain solutions using the internet of things.Under a memorandum of understanding (MoU), Huawei and DP DHL Group will collaborate on innovation projects focusing on cellular-based internet of things technology, which ...
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Bolloré to open state-of-the-art Singapore site
Bolloré Logistics Singapore has revealed plans for a $10 million automated logistics facility in cooperation with the LVMH French luxury products group.The 20,000sq m facility will include a Dematic 12,000 tote multi-shuttle system – claimed as the first of its kind in the region - that will raise throughput tenfold ...
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Online portal Freightos expands services to the UK
Online forwarder portal Freightos is expanding internationally with the addition of services for the UK market.The online freight marketplace was launched in the US in 2016 and provides instant freight comparison, booking, and management of freight services for thousands of US importers and exporters of all sizes. The UK has ...
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Healthcare supply chains to digitise and automate, says new report
The automation and digitisation of healthcare supply chains will drive the development of future pharmaceutical supply chains, according to a report by DHL.The report identified six transformational trends that would affect future healthcare supply chains: big data analytics; the internet of things; healthcare on demand; robotics and automation; augmented reality ...
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Online quotes increase AMI's express imports business
Airfreight and express wholesaler AMI UK has seen a 10% rise in traffic during the first three months of its trade-only online service, Click2ship Express Imports.AMI said that the recently-launched service aims to make handling imports "less labour-intensive and more profitable for couriers and freight agents," by enabling customers to ...
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Freight forwarder Panalpina expects continuing airfreight margin pressure
Freight forwarder Panalpina will concentrate on controlling costs after its airfreight business faced continued margin pressure on higher airfreight demand.The Switzerland-headquartered logistics giant saw second-quarter airfreight revenues increase by 10% year on year to Sfr700m on the back of a 6.6% improvement in tons carried to 240,000 and rising freight ...
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New tax could hit Indian airfreight exports
An Indian trade organisation has warned that a proposed tax on airfreight exports will stifle growth in the country’s air cargo sector, while it has also called for investment in the sector.At its annual Air Cargo Summit, PHD Chamber of Commerce and Industry warned that moves to include airfreight exports ...
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BIFA elects new national chairman
Mark Bromley has succeeded Fred Osborn as the elected national chairman of UK freight forwarder group BIFA for a two-year period.Osborn becomes immediate vice-chairman for a two-year term. Alongside him is John Stubbings, group director and company Secretary of the Woodland group who was elected Vice-Chairman by the board.Bromley has ...
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Kuehne+Nagel expects to make more perishables logistics acquisitions
Freight forwarder Kuhne+Nagel (K+N) is expecting further consolidation in the perishables logistics market after it yesterday announced the acquisition of two companies.Speaking shortly after announcing the company’s second-quarter results and the acquisition of two perishables forwarders, chief executive Detlef Trefzger said that K+N’s market share in the sector was “extremely ...
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Freight forwarder K+N sets the pace as air volumes soar
Freight forwarder Kuehne+Nagel (K+N) saw airfreight volumes grow at almost double the market rate during the first half of the year, with performance improving during the second quarter.The Switzerland-headquartered freight forwarder saw first-half airfreight demand increase by 18% year on year to 731,000 tons, while the overall market increased by ...
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K+N expands perishables network with US and Kenyan acquisitions
Kuehne + Nagel (K+N) has expanded its global perishables network with the acquisition of sector specialist forwarders Commodity Forwarders Inc. (CFI) in the US and Trillvane in Kenya.Switzerland-based K+N said that the two acquisitions would add more than 150,000 tons of annual perishables traffic to its network and “further strengthens ...
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ASM software upgrade is ready for Brexit
Agency Sector Management (ASM) has launched a major upgrade of its Sequoia software, providing a complete freight management system.The software provider to the UK forwarding industry said that the release gives users a single application where data is shared across all functions such as job costing and producing documentation, as ...
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FTA has grave doubts over new Customs system's ability to handle Brexit
The UK's Freight Transport Association (FTA) has expressed concerns that the country's future Customs Declaration Service (CDS) programme will not be able to process the amount of transactions anticipated post-brexit.Responding to the publication of the National Audit Office (NAO)’s report on the progress of the Customs Declaration Service (CDS) programme, ...
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DHL scoops Cathay Pacific MRO logistics deal
DHL Supply Chain has commenced management of all aircraft maintenance, repair and overhaul logistics activities for Cathay Pacific and Cathay Dragon in the airlines’ home base at Hong Kong International Airport (HKIA), part of a 10-year contract signed earlier this year.The contract will see DHL Supply Chain take overall responsibility ...
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FedEx adds Bangladesh security surcharge
FedEx Trade Networks will add a surcharge on shipments from Bangladesh to the European Union (EU) after stricter security standards were introduced.FedEx's forwarding arm said that as a result of the EU adding Bangladesh to its list of high-risk countries shipments will need to go through new screening measures in ...
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DHL robot: Take me to your loader (VIDEO)
Technology group Wärtsilä and DHL have completed a successful pilot to test mobile robots in a warehouse environment.The pilot phase of Fetch Robotics technology was carried out in Wärtsilä’s central distribution centre in Kampen, the Netherlands, where the entire logistics chain of Wärtsilä’s spare parts, from order intake to customer ...
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Approval for underground warehousing near Heathrow
An underground warehousing project near Heathrow Airport has taken a major step forward after councilors at local authority Hounslow approved the proposal, described as “visionary” by its backer, Formal Investments.Above the subterranean warehouse would be created the largest new park in West London for more than 100 years, using extracted ...
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Logistics sector can prove Barnier wrong, says FTA
The UK's logistics industry has issued a "wake-up call" as Britain's chief Brexit negotiator David Davis met today (July 7) with the nation's business leaders to discuss the trading implications of Britain leaving the European Union (EU).The Freight Transport Association (FTA), which represents more than 16,000 companies nationwide, urged all ...
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UK freight forwarders welcome Customs fallback system
UK freight forwarders have welcomed the setting up of a new Customs declaration fallback system to prevent an airfreight meltdown if the primary network collapses.The back-up facility would prevent the catastrophic impact of a systems failure by the HM Revenue & Customs' CHIEF (Customs Handling of Import and Export Freight) ...