Freight forwarders – Page 38
-
NewsAir Cargo News Awards entry deadline approaching
Companies now have just over a week to submit their entries for the Air Cargo News Awards.Those wishing to enter one of our nine awards categories have until May 6 to submit their entries.The awards honour and celebrate those companies that have invested in providing great customer service, operational excellence ...
-
News
Davies Turner adds three new board members
UK forwarder Davies Turner has made several additions to the board of directors at its surface freight and logistics subsidiary Davies Turner & Co.Head of ocean, Tony Cole, who leads on Davies Turner & Co’s ocean freight forwarding services, has joined Darren McLaughlan who heads up the subsidiary’s operations in ...
-
NewsNE Asia-Europe capacity drops more than 20% due to Ukraine crisis
Air cargo capacity on the north east Asia-Europe trade lane has dropped 22% since the end of February when the Russian invasion of Ukraine began, according to the latest figures from Accenture's Seabury Consulting.The consultant compared capacity on the trade between March 12-18 with February 19-25 as it has taken ...
-
NewsBournemouth Airport launches cargo handling operation
The UK’s Bournemouth Airport has launched an air cargo operation with the aim of achieving 35,000 tonnes of throughput by 2025 and up to 50,000 tonnes by 2030.Dedicated cargo handling service Cargo First has been created to grow Bournemouth Airport’s air cargo business, which the south coast of England-based airport ...
-
NewsThe logistical challenge of the Ukraine crisis relief effort
The refugee crisis created by the conflict in Ukraine has dominated the headlines and in response there have been an array of aid shipments to countries bordering Ukraine, but the Humanitarian Logistics Association (HLA) warned that this approach needs careful thought.Sarah Schiffling, senior lecturer in supply chain management at Liverpool ...
-
NewsKuehne+Nagel charters AN-124 for Ukraine relief flight
Source: Kuehne+NagelKuehne+Nagel (K+N) has chartered an AN-124 from Antonov to carry aid to Ukraine.The AN-124 took off from Sharjah on March 29 carrying 111 tonnes of aid sourced from UNICEF's warehouse in Dubai and landed in Poland the same evening. The goods will then be trucked to Ukraine.The flight was ...
-
NewsNippon Express expands in Malaysia
Photo: Nippon ExpressNippon Express Malaysia has opened a new warehouse in the Free Commercial Zone (FCZ) of Malaysia's Kuala Lumpur International Airport (KLIA).This investment in the “DFTZ” 5,900 sq m warehouse will enable the Malaysian subsidiary of Japan-based freight forwarder Nippon Express to expand its work and cargo storage space.The ...
-
NewsWhen will air cargo's supply-demand balance return to pre-Covid levels?
The air cargo market could see its supply-demand balance return to pre-covid levels in 2025, although that prediction comes with a plethora of caveats.Speakers at the Nordic Air Cargo Symposium were tasked with taking a look at air cargo’s road to recovery and they concurred that industry turbulence was set ...
-
News
AFKLMP's SAF programme continues to grow
Air France KLM Martinair (AFKLMP) Cargo is growing its sustainable aviation fuel (SAF) programme.Morgan Cargo Limited South Africa and Morgan Cargo Kenya have joined what is believed to be the world´s first SAF programme for the airfreight industry, launched by AFKLMP Cargo in December 2020.Notably Morgan Cargo is the first ...
-
News
CMA CGM acquires GEFCO after Russia's RZD sells its stake
Shipping group CMA CGM has acquired 100% of the shares of automotive logistics business GEFCO, which was until recently 75% owned by Russian Railways RZD and 25% by car company Stellantis.The shipping company said that the deal would ensure the continuity and long-term stability of GEFCO and strengthen the range ...
-
NewsShipping giant Maersk launches new air cargo business
Maersk B767-300F. Source: AP Moller MaerskShipping giant AP Moller Maersk has launched its new air cargo business as it looks to meet customer demand for supply chain security.The company, which owns the world's largest container shipping line, said that its new Maersk Air Cargo business will be operational in the ...
-
NewsAIT Worldwide Logistics expands to India
Greg Weigel. Photo: AIT Worldwide LogisticsGlobal freight forwarder AIT Worldwide Logistics has opened a new office in Mumbai, India that is the first of multiple AIT facilities slated to open in strategic locations across India in 2022 and beyond.According to AIT’s chief business officer, Greg Weigel, expanding the company’s worldwide ...
-
Insights
Supply chain spotlight: Ukraine crisis adds to heavylift constraints
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how the Ukraine crisis will impact the air cargo industry.The Ukraine crisis continues to upend the lives of 44m citizens, bringing unspeakable horror as the rest of the free world looks on ...
-
InsightsU-Freight predicts “erratic pricing” ahead for airfreight
U-Freight America’s Rick Keller tells Roger Hailey that block space agreements are out and spot rates are resulting in instability for air cargo costs, but there are still opportunities for savvy forwarders.It has been a difficult two years for supply chain partnerships in the air cargo business. Bellyhold capacity plunged, ...
-
News
Geodis strengthens logistics presence in Asia with acquisition
Logistics company Geodis has signed a binding agreement to acquire Keppel Logistics to boost its contract logistics presence and e-commerce fulfillment services in Singapore and Southeast Asia.Based in Singapore, Keppel Logistics is a contract logistics specialist with close to 500 employees. Active throughout Southeast Asia, Keppel Logistics owns over 200,000m2 ...
-
News
Bolloré agrees €5.7bn deal to sell African logistics business
The Bolloré Group has agreed to sell its African logistics business to container shipping giant MSC in a deal with an enterprise value of €5.7bn.The two companies entered discussions over the sale in December and, following the favourable opinions issued by each of the employee representative bodies, the two companies ...
-
NewsLufthansa Cargo and cargo.one debut auto assigned AWBs
Source: cargo.oneLufthansa Cargo and cargo.one have launched a joint initiative that removes the prerequisite for freight forwarders to hold valid Air Waybill (AWB) stock before making an air cargo booking.cargo.one users can now book Lufthansa Cargo’s global capacities and have an AWB automatically assigned.Freight forwarders using cargo.one to book shipments ...
-
NewsPlatform tackles new house air waybill requirement at Frankfurt
Photo: Fraport GroupForwarders and handlers have reported faster processing for import consolidations following the implementation of a new platform at Frankfurt Airport that aims to tackle new house air waybill requirements.The new FRA-OS import platform from Dakosy, which tracks shipments electronically on the airport premises, was put in place following ...
-
News
US Airforwarders back ocean shipping reform bill
The US Airforwarders Association (AfA) is backing the proposed Ocean Shipping Reform Act of 2022 that it claims will address ongoing port disruption.The association has signed a stakeholder letter that backs the implementation of the reform act as many of its members are full-service freight forwarders offering a variety of ...
-
NewsEV Cargo expands in air cargo with Fast Forward acquisition
Heath Zarin. Source: EV CargoEV Cargo has acquired Netherlands-headquartered Fast Forward Freight in a move that will more than double the firm's annual airfreight volumes.The company - owned by Hong Kong-based private equity firm EmergeVest - said that the acquisition is part of its previously announced corporate strategy to expand ...