Freight forwarders – Page 23
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News
More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
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NewsForwarders team up on elephant flight
Source: WCAworldWorld Air Logistics and Worldlink Shipping Colombo recently teamed up to transport a large Thai elephant to Thailand.The elephant was flown from Colombo in Sri Lanka to Chaing Mai in Thailand and is set to be certified by Guinness World Records as the largest elephant flown onboard an aircraft.The ...
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NewsForwarder networks IFC8 and WCAworld join forces
Serene Kam (L) and Rachel Tjong. Source: WCASingapore-based freight network IFC8 has become the latest member of logistics network WCAworld.WCAWorld said that by joining the organisation, IFC8 would have access to more than 12,000 member offices in 196 countries worldwide.It would also enjoy enhanced financial protection and fees-free cross-border payment ...
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NewsDB Schenker to expand in the UK with new Manchester facility
Source: DB SchenkerDB Schenker will move to a new facility in Manchester in the UK to meet its expansion plans in the region.The new site is located at the business site, Trafford Park, and includes almost 50,000 sq ft of warehousing and office space. It will open later this year.The ...
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NewsAMI appoints new leader as Clark moves to Network Aviation
Carlos Font (L) and Jonathan Clark. Source: AMICarlos Font has been appointed as the new executive vice president of Air Menzies International (AMI) to replace Jonathan Clark who is leaving the company to join Network Aviation Group as chief executive.In his new role, Font will be responsible for driving the ...
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NewsCrane Worldwide adds new Dutch distribution hub
Source: Industrial Real Estate PartnersFreight forwarder Crane Worldwide Logistics has leased another distribution centre in the Netherlands.The Houston-headquartered forwarder will lease a new distribution centre measuring around 18,500 sq m at business park Majoppeveld-Zuid in Roosendaal.The building consists of approx. 13,650 sq m of distribution space, 4,000 sq m of ...
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News
Scan Global Logistics on a roll with Swiss acquisition
Scan Global Logistics (SGL) has entered the Swiss market for the first time through the purchase of Belglobe.Fast-growing SGL said Belglobe had three decades of experience and a "strong position" in the temperature-controlled pharma healthcare and luxury consumables industries."SGL will gain immediate proximity to multinational companies’ central procurement and supply ...
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NewsRhenus takes aim at Central Europe growth with latest acquisition
Source: RhenusRhenus has continued its recent investment spree with the acquisition of Hungarian freight forwarder ITS Logistics Hungary KFT.The Germany-headquartered firm said that the purchase would consolidate its foothold in Central-East Europe following the integration of Croatian logistics provider Trans Integral.ITS Logistics Hungary KFT is based in Vecsés on the ...
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News
Geodis reduces airfreight network following market downturn
Freight forwarder Geodis is reducing the size of its air cargo network in light of the recent market downturn.The company was one of many forwarding companies to partner with an airline to set up its own air cargo operation during the Covid-pandemic to provide customers with capacity in response to ...
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News
Flexport adds new end-to-end e-commerce tool
Flexport has launched a new e-commerce tool for online firms that allows them to manage the supply and delivery of goods.The freight forwarder, which last week saw chief executive Dave Clark suddenly leave his role, said the new tool offers stock replenishment directly into Fulfillment by Amazon (FBA), Walmart Fulfillment ...
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NewsNine flights chartered by deugro for urgent pipe spool transport
Source: deugroFreight forwarder deugro chartered nine flights to urgently transport 37 pipe spools between Thailand and the US for the start-up of a new facility.The components being transported had a total volume of 213 tonnes (1,628 cu m) and needed to be transported by road at both ends of the ...
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News
Röhlig Logistics achieves CEIV lithium batteries
Röhlig Logistics' US business has achieved IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification for its branches in Chicago and New York.Röhlig USA said that to achieve the certification it had to pass a lengthy certification process consisting of in-depth employee training, on-site assessments and a ...
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NewsDSV partners with Qatar on flights targeting oil and gas sector
Source: DSVDSV has partnered with Qatar Airways Cargo on flights between Mexico, the US, Europe and the Middle East to cater for the oil and gas industry.The twice-weekly flights are part of DSV's air charter network and operate between Mexico City and Doha via Huntsville and Luxembourg."This route also has ...
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News
Flexport withdraws 75 job offers after sudden Clark exit
Flexport is rescinding job offers for more than 75 people after they were offered positions during a hiring freeze just a day after chief executive Dave Clark suddenly left the firm.The company's returning chief executive, Ryan Petersen, said in a social media post that the company was "rescinding a bunch ...
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News
Petersen back at Flexport as Dave Clarke departs
Ex-Amazon executive Dave Clark has left his role as chief executive of Flexport with Ryan Petersen stepping back in to run the company.Clark took up the role in September 2022 as the forwarder looked to expand in e-commerce and fulfillment.In a social media post, Clark said that Petersen had changed ...
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NewsIcelandair Cargo joins US Airforwarders Association
Gunnar Mar Sigurfinnsson, Icelandair Cargo. Source: AfAIcelandair Cargo has joined the US Airforwarders Association (AfA) as the organisation looks to add Europe-based companies with a US office.The AfA said that the carrier had joined the organisation as it embarks on an expansion of its network in the US.The carrier will ...
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NewsK+N expands pharma space in Chicago
Source: Kuehne+NagelKuehne+Nagel has opened an expanded pharma area at its facility in Chicago.The Switzerland-headquartered forwarder's new temperature-controlled unit measures 21,000 sq ft and can cater to products requiring storage at a temperature range of 2-25°C.The expansion follows the forwarder's move from Elk Grove Village to Bensenville earlier this year, which ...
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NewsHellmann acquires Italian partner as it looks to Mediterranean expansion
Jens Tarnowski, Daniela Coppola and Andreas Lamping, Hellmann. Source: HellmannHellmann Worldwide Logistics is taking over its Italian partner as it continues to expand its European operations.Milan-based Hellmann Italy employs approximately 70 people at six locations and has been providing air and seafreight services to Hellmann since it was founded in ...
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NewsRhenus targets nearshoring with LATAM investments
Source: RhenusFreight forwarder Rhenus Group has expanded its presence in Latin America with the purchase of BLU Logistics and the acquisition of a majority stake in LBH Group.The German firm said that the acquisition of Colombia-based BLU would expand its presence in Argentina, Colombia, Ecuador, Mexico, Paraguay and Uruguay as ...
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InsightsFowarder focus: LA's long-awaited air cargo development
Image: Michael Rosebrock/shutterstockAfter much industry anticipation, Los Angeles World Airports is set to construct and implement its new Cargo Modernization Program at Los Angeles International Airport (LAX).This initiative is a welcome development, as forwarders know that LAX's current cargo facilities are outdated and no longer compatible with industry standards.The new ...