Freight forwarders – Page 31
-
News
Flexport to cut back "overstaffed" workforce by 20%
Flexport has announced it is trimming the number of staff it employees by around 20% in response to expected reduced volumes following increasingly challenging economic conditions.According to a release on the freight forwarders blog, Flexport co-chief executives Dave Clark and Ryan Petersen issued a note to employees on January 11 ...
-
News
No signs of Chinese New Year rise in air cargo demand
Any hopes of a surge in air cargo demand ahead of the Chinese New Year/Lunar New Year holiday appear to have faded as economic pressures continue to put the breaks on consumer spending.The two-week holiday this year falls on January 22 but industry players are not expecting to see the ...
-
News
GEFCO to be re-branded as CEVA following takeover
Automotive logistics firm Gefco will be re-branded as CEVA Logistics and become part of a newly created Finished Vehicles Logistics (FVL) division at the forwarder.The integration of Gefco into the wider CEVA organisation follows the purchase of the automotive logistics firm in July 2022 by the CMA CGM Group, which ...
-
NewsFirst project shipment for K+N’s B747
Source: Kuehne+NagelKuehne + Nagel (K+N) has completed its first engine shipment using its Boeing 747-8F aircraft.The team in Chicago transported a nine-tonne Rolls Royce aircraft engine onto its B747-8F aircraft – named Inspire – from Chicago to Hong Kong.According to K+N, it took four people, three pieces of machinery and ...
-
News
US SMEs explore nearshoring to avoid supply chain disruption
US small- and medium-sized enterprises (SMEs) are moving their supply chains closer to their home market at a faster rate than predicted to help minimise supply chain disruption.A survey from Gartner-owned consultant Capterra shows that 88% of the 300 SMEs surveyed plan or are currently in the process of switching ...
-
Insights
AfA optimistic US air cargo industry can ride out a recession
A global recession looms ahead but air cargo setbacks look set to be short-lived, writes Airforwarders Association (AfA) executive director Brandon Fried.The recent half-point raising of interest rates by the US Federal Reserve signals that inflation still lingers within the American economy as the likelihood of a global recession seems ...
-
News
Air Cargo News' most read in 2022
Last year was another turbulent year for the air cargo industry as the rapid growth experienced in 2021 turned to decline and capacity began to open up as passenger networks re-opened.Despite the demand declines, volumes stayed ahead of pre-Covid levels and rates remained far above the levels achieved in 2019 ...
-
News
FFAF Cargo launches subsidiary in India
Canadian freight forwarder FFAF Cargo is moving forward with expansion in Asia following the launch of a subsidiary in India in the last quarter of 2022.FFAF Logistics India has been launched as India continues to develop in diverse industries, said FFAF Cargo, a subsidiary of Flying Fresh Air Freight.Karthi Baskar ...
-
News
Biesterfeld exits as CH Robinson CEO
CH Robinson chief executive Bob Biesterfeld has stepped down from the role to be replaced on an interim basis by Scott Anderson, chair of the board of directors.The freight broker and forwarder said that it has commenced a search for a new chief executive and has retained recruitment firm Russell ...
-
NewsNew director general at UK forwarder group BIFA
Stephen Parker. Source: BIFAThe British International Freight Association (BIFA) has named Stephen Parker as its new director general to succeed Robert Keen, who will be retiring from full-time employment with the trade association in 2023.Parker has clocked up more than four decades of experience in freight and logistics, most recently ...
-
News
Tiaca positive for air cargo in 2023 despite tough outlook
Air cargo association Tiaca is predicting another tough 12 months for air cargo demand, but has also outlined positives for the industry.In its latest newsletter, the association said that high inflation, high interest rates, high energy costs and concern over job security have compounded to create an air of defensive ...
-
News
EV Cargo publishes inaugural sustainability report
Global freight forwarding, supply chain services and technology company EV Cargo has unveiled its inaugural sustainability report, celebrating its progress in delivering its sustainability strategy during 2021.EV Cargo said its commitment to global sustainability gathered momentum during the period, with the company introducing a number of environmentally targeted operational programmes ...
-
News
UK forwarders warned of disruption due to Border Force strikes
Border Force officers working at a range of airports in the UK will launch eight days of industrial action over the Christmas period that could lead to shipment delays.Members of the Public and Commercial Services Union at London Heathrow, London Gatwick, Manchester, Birmingham, Cardiff and Glasgow airports will begin their ...
-
News
Deutsche Bahn prepares for the sale of DB Schenker
Deutsche Bahn is preparing for the sale of its freight forwarding subsidiary DB Schenker as it looks to focus on its core rail business.The rail group said today that it has assigned its management board to examine and prepare the case for a potential sale of up to 100% of ...
-
News
time:matters expands same-day network to North Africa
Time-critical logistics firm time:matters has opened a new station in Casablanca to enable the offering of same-day transport in North Africa.The logistics company said that Casablanca - one of North Africa's "most important and major economic regions - would be served 17 times a week with direct connections from Frankfurt ...
-
NewsMetro Shipping is first UK customer for AFKLMP Cargo's SAF programme
Grant Liddell (left) and Arturo Marte. Photo: AFKLMP CargoFreight forwarder Metro Shipping has become the first UK customer to join Air France KLM Martinair Cargo’s (AFKLMP Cargo) Sustainable Aviation Fuel (SAF) programme.The signing ceremony took place at Metro Shipping’s head office in Birmingham. Officials from both companies attended, including Arturo ...
-
News
DB Schenker to build Oslo Airport airfreight facility
DB Schenker will develop a new airfreight facility at Oslo Airport as imports into Norway continue to grow.The forwarder signed a deal with airport operator Avinor to develop the 4,000 sq m facility last week.Avinor freight manager Martin Langaas said the new building comes as imports into the country via ...
-
News
Dachser announces key air and sea management changes
Freight forwarder Dachser has appointed Tobias Burger as its new chief operating officer for air and sea logistics (ASL) to replace Edoardo Podestà, along with two other changes.Burger joined Dachser in 2009 initially working in strategy development before being given responsibility for corporate governance.Since 2019, he has been deputy director ...
-
NewsForwarders stick with short-term deals as air cargo volumes fall
Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline.The latest statistics from Xeneta-owned CLIVE Data Services show that in November air cargo volumes declined 8% year on year and were down 2% on October, while the dynamic load factor - based on ...
-
News
Forwarder Flightwatch to add Brussels branch
Ostend-based freight forwarder Flightwatch will open a new office at Brussels Airport next year as it looks to be "in the middle of the action".The company, which specialises in the transport of live animals and special cargo, said the new office would be situated close to airline offices and handling ...