Freight forwarders – Page 109
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News
Boeing pays tribute to Yusen's hurricane efforts
Plane-maker Boeing has played tribute to Yusen Logistics (Americas) for its role in helping its own employees send relief shipments to the Charleston area after Hurricane Matthew struck the area earlier in October.The forwarder coordinated supplies from Seattle and provided warehouse services, including receiving, sorting, labelling and re-packing, as well ...
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Fast footwork speeds pumps to China
Taiwan-based freight-forwarder Dimerco Express moved quickly to fly 30 tons of petrochemical pumps from Los Angeles to Tianjin in China, just two weeks after being invited to bid.Dimerco split the shipment into two routes into China and arranged to have them cleared at Tianjin Customs within 24 hours. Customers and ...
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Rhenus sets up South Korean bridgehead
German-owned forwarder Rhenus is opening its own office in South Korea at the beginning of November and has set up a Rhenus Logistics Korea arm. The new location in the capital, Seoul will organise air and sea freight, third-party logistics and domestic transport services.Rhenus aims to establish itself as a ...
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E-commerce spurs Aramex growth
Middle East based logistics company Aramex saw revenues up 15% in the third quarter of 2016 to AED1.05bn but net profit was down 3% at AED72.2m compared with like period last year.However, for the first nine months of the year, net profit was up 16% to AED294.8m while revenue was ...
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Regions see opportunities and threats from Heathrow runway
There was a mixed reaction from the UK regions to the news that Heathrow Airport is to be allowed to build a new third runway.Birmingham Chambers of Commerce chief executive Paul Faulkner said that while the new London runway might fix the problems of capacity in south-east England, Birmingham airport ...
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Arvato opens Shanghai bonded site
Logistics firm Arvato SCM Solutions is to open a new bonded warehouse for high-tech, entertainment and consumer products close to Shanghai airport, its third facility in China. Services available will include processing of imports and exports, warehousing, multi-channel distribution, returns management and other value-added services. The access-controlled location has a ...
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UK forwarders' cautious welcome to Heathrow decision
UK freight forwarding and logistics businesses have given a cautious welcome to the government's approval a third runway at Heathrow.Robert Keen, director general of the British International Freight Association (BIFA), said: “Today’s news appears to be the beginning of the end of years of procrastination over the expansion of UK ...
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Airfreight demand on the up at Panalpina
Panalpina enjoyed a bumper period for airfreight during the third quarter, while group revenues declined and profits increased.The Switzerland-based freight forwarder recorded airfreight volume growth of 10% year on year during the third quarter to 228m tonnes, while for the first nine months demand is 9% ahead of last year ...
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CEVA Logistics appoints Peter Waller as chief finance officer
CEVA Logistics has appointed Peter Waller as chief finance officer (CFO) and member of the executive board with immediate effect.Waller has previously been group CFO at Eurofins Scientific and spent over eight years with the Thomas Cook Group in London and Frankfurt where he held roles including CFO of its ...
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Airfreight demand improvements helped by shift back to air, says K+N
Kuehne + Nagel believes recent improvements in airfreight demand could be partly down to a modal shift back to airfreight and is also confident on the demand front for the coming peak season.Yesterday, the freight forwarder revealed its financial results for the first nine months of the year. Although it ...
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K+N: Third quarter airfreight market "remained tense"
Kuehne + Nagel (K+N) reported that the global airfreight market "remained tense" in the third quarter and added that pressure on margins continued due to "shrinking demand and further capacity increases".Against this trend, the Switzerland-based global logistics giant grew its air cargo tonnage by 3.8% and gross profit per 100 ...
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Now the hard work on the cargo agency programme really starts
Freight forwarder association Fiata and IATA have officially signed the long-awaited reforms to the IATA Cargo Agency Program and said that now the hard work of implementing the agreement begins.The new IATA-FIATA Cargo Agency Program (IFACP) was hailed as a “historic” agreement at an official signing ceremony held today during ...
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Mallory Alexander adds new Miami facility
Mallory Alexander International Logistics has opened a new office and warehouse in Miami to cater for cargo heading to and from South America.The facility includes a Foreign Trade Zone, as well as a Container Freight Station, Bonded Warehouse, and an In-Bond Export Consolidator Warehouse.“Miami is an important international gateway located ...
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Militzer & Münch bags myAirCargo contract from Lufthansa
Swiss forwarder Militzer & Münch has been appointed the exclusive partner in Europe for myAirCargo, Lufthansa Cargo’s international door to door service for its passengers who buy goods abroad that are too heavy or large for carry-on luggage.Currently, myAirCargo is available only on routes connecting Europe and the US, and ...
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Fashionable Rickenbacker picks up Etihad cargo flights for Trinity Logistics
Trinity Logistics USA has signed a "multimillion dollar" deal with Etihad Cargo, which will see the Middle East carrier operate a weekly wide-body freighter service from Colombo, Sri Lanka, to Columbus, Ohio, and to East Midlands Airport in the UK.Abu Dhabi-based Etihad Cargo, which will operate either Boeing 777F and ...
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Air cargo should see China-Europe rail services as added competition
The air cargo industry should see the proliferation of rail services between China and Europe as added competition.Speaking on the side lines of the Fiata World Congress in Dublin, Ivan Petrov, chief executive of forwarder TransXpress and Fiata senior vice president, said that the number of rail services between Asia ...
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Young Forwarder award goes to Australia's Shanon Gould
Shanon Gould from Australia won this year’s Young International Freight Forwarder of the Year (YIFFY) Award, presented at the FIATA annual congress in Dublin.Other regional finalists were: Lorraine Zhou, Zimbabwe (Africa/Middle East), Evgeny Kapustin, Canada (Americas) and Kostiantyn Hapii, Ukraine (Europe).Award sponsors the TT Club said the awards were of ...
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Air cargo forum told of better times ahead
The first 15 years of the century have not been kind to the air cargo industry – but there could be better times ahead, the Neutral Air Partners (NAP) forum in Abu Dhabi has heard.Airline and forwarder delegates to the first ever NAP gathering learned from Etihad Cargo Airlines commercial ...
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CH Robinson opens in Vancouver
US logistics company CH Robinson has opened a new global forwarding office in Vancouver, led by Sohrab Kazerooni. It forms part of CH Robinson Global Forwarding Canada.Customers will benefit from having a local office working with their global supply chains in real time, said global forwarding president, Mike Short. “In ...
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DSV sets up US Solutions division
Danish-owned freight forwarder DSV has set up a Solutions division in North America, following its acquisition of US-based UTi.DSV said it had gained substantial contract logistics work as a result of the merger and that these had been merged with the limited amount of similar activity it was already handling ...