Freight forwarders – Page 15
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NewsAir cargo heading for double-digit growth in 2024
Booming e-commerce volumes are propelling the air cargo industry towards a double-digit percentage increase in demand this year, although a US crackdown on online shipments could prove a drag later in the year.The latest figures from supply chain data firm Xeneta show that air cargo demand in May increased by ...
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NewsBIFA appoints new board members
Left to right: Ian Mallon, Denise Hill and Chris Packwood. Source: BIFAThree new people have been elected to the board of directors of the British International Freight Association (BIFA).The three new board members are Denise Hill, Ian Mallon and Chris Packwood who will bring a "wealth of experience and insight ...
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News
IATA helps air cargo stakeholders regulate SAF
Monitoring and accounting for sustainable aviation fuel (SAF) is due to become easier for air cargo operators with the creation of a new SAF registry.The International Air Transport Association (IATA) will launch the SAF registry next year to accelerate the uptake of SAF by accounting and reporting emissions reductions from ...
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News
Deutsche Bahn selects the final four DB Schenker bidders
Deutsche Bahn has narrowed the number of potential buyers of freight forwarding subsidiary DB Schenker down to four bidders that have now been invited to make binding offers.According to Reuters, the German rail giant has selected Maersk, DSV, Saudi shipping company Bahri and a private equity consortium led by CVC.Deutsche ...
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Interviews50 years of trailblazing for Quick Cargo Service
After 50 years in freight forwarding, Quick Cargo Service (QCS) shows that that mid-sized forwarders can still be trailblazers. It wasn’t an auspicious start for Quick Cargo Service (QCS) in 1974. Company founder Dieter Haltmayer, until recently head of cargo sales in Germany for Air Canada, had declined an offer ...
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NewsOne week left to enter the Air Cargo News Awards!
There is now just one week left to enter the 2024 Air Cargo News Awards!The entry deadline for the Awards is 5pm (BST) on June 7, meaning there are just seven working days left to submit an entry.The awards are now in their 40th year and recognise the achievements of ...
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NewsDHL Global Forwarding strengthens pharma credentials
Photo: DHLDHL Global Forwarding has been recertified with IATA's CEIV Pharma standard for excellence in life sciences and healthcare transportation.The certification recognises DHL Global Forwarding's expertise in meeting quality standards and regulatory requirements for safe and compliant air handling of high-value, time-sensitive, and temperature-controlled pharmaceutical products."We are very pleased to ...
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News
Bloomberg: Private equity and shipping giants circle DB Schenker
German forwarding and logistics company DB Schenker has attracted bids from shipping and logistics giants as well as a private equity consortium.According to a report in Bloomberg, a consortium led by CVC Capital Partners and Carlyle Group has submitted a bid worth around €14bn.Meanwhile, DSV, AP Moller Maersk and Mediterranean ...
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NewsUS FAA legislation includes review of airport truck delays
AfA members. Source: AfAUS president Joe Biden has signed into law the Federal Aviation Administration Reauthorization legislation, which includes a section on reviewing truck congestion issues at US airports.The US Airforwaders Association (AfA) said that under the new law, the General Accountability Office will assess air cargo operations across the ...
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News
Worsening box line disruption to have limited air cargo impact
Disruption to container shipping operations out of Asia has unexpectedly worsened over recent weeks but the development is expected to have limited impact on air cargo.The last few weeks have seen the return of port congestion and container shipping capacity shortages out of Asia push up ocean freight rates.Figures from ...
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NewsRhenus appoints co-VPs for project logistics
Moritz Becker (L) (Copyright Foto-Studio Penz oHG) and Colin D'Abreo. Source: Rhenus GlobalThe Rhenus Group has appointed Moritz Becker and Colin D'Abreo as co-vice president directors of its project logistics global division.Becker will lead operations in Europe, the Commonwealth of Independent States (CIS), and Southeast Asia and the Pacific (SEAPAC). ...
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NewsDHL Global Forwarding adds chatbot to customer portal
Source: DHL Global ForwardingDHL Global Forwarding has added a chatbot to its myDHLi customer portal as one of a number of upgrades aimed at helping customers "navigate challenges in their logistics".The forwarding giant said that the virtual assistant can, for example, provide information on shipment statuses, find contact details and ...
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News
Air cargo looks to index-linked deals in response to a volatile market
Freight forwarders and shippers are increasing the use of index-linked deals due to current industry volatility.Speaking on a webinar from data provider Xeneta and Tiaca, the two organisations said that supply chains were facing unpredictability and elongated transit times in ocean shipping due to the Red Sea crisis.Meanwhile, e-commerce volumes ...
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NewsAir Cargo News Awards entry deadline approaches
The entry deadline for the Air Cargo News Awards is fast approaching.This year's awards are open for entry until 5pm (UK time) on June 7, meaning there is just 18 working days left to submit an entry.The awards are now in their 40th year and recognise the achievements of the ...
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NewsKintetsu expands in Schiphol with new air cargo facility
Source: KWE. Copyright: WDPKintetsu World Express (KWE) Benelux is planning to open a new air cargo terminal near Schiphol Airport as it looks to expand its handling capability.The new facility will measure 18,270 sq m, with 9,175 sq m of warehousing and 735 sq m of office space. It is ...
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NewsAsia-Europe trade aids DHL's Q1 airfreight volumes
Growth on trade between Asia and Europe was the main driver for a rise in DHL's airfreight volumes in the first quarter of this year, although airfreight revenue and profit suffered.DHL reported a 5.1% year-on-year rise in airfreight volumes to 435,000 tons in the first quarter.First quarter airfreight revenue in ...
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Insights
US freight forwarders take note: new guidance clarifies export compliance responsibilities
The Bureau of Industry and Security (BIS) recently released a document outlining best practices and responsibilities for freight forwarders engaged in international trade.This information is critical for freight forwarders to ensure they operate within legal boundaries and mitigate risks associated with export compliance.The guidance brings clarity to the roles and ...
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NewsQatar Cargo aims for efficiencies with data, index-linked deals and by tackling no-shows
Qatar Airways Cargo is aiming to create efficiencies in the supply chain by tackling the issue of shipment no-shows, pushing for index-linked long-term contracts and integrating more data into its systems.Speaking exclusively to Air Cargo News (ACN), Qatar Airways chief cargo officer Mark Drusch outlined the three initiatives that he ...
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NewsAir cargo demand growth slows in April while attention turns to Q4
April was the fourth month in a row that global air cargo demand increased by over 11% but the market has begun to slow down after a busy start to the year, according to analysis by Xeneta.Additional belly capacity is affecting the dynamic load factor, air cargo demand as a ...
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NewsAGI Global Logistics starts strategic partnership in Sweden
Source: AGI Global LogisticsUK-based freight forwarder AGI Global Logistics has begun a new partnership with Swedish logistics company Scandinavian Shipping & Logistics (SSL).The partnership is anticipated to strengthen and expand AGI's freight and logistics services offered to customers operating in the Scandinavian market.AGI confirmed to Air Cargo News that the ...