Freight forwarders – Page 40
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NewsAtlas Air strikes charter agreement with Kuehne+Nagel
Photo: Atlas Air WorldwideAtlas Air will operate two new Boeing 747-8 freighters on a global basis for freight forwarder Kuehne+Nagel (K+N) in a long-term, dedicated charter agreement.The US-based freighter lessor will operate the aircraft for K+N following their delivery from airframer Boeing, with one expected in the third quarter and ...
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NewsFlexport is launch partner for Eastern Air’s express freighter service
Boeing passenger 777. Photo: BoeingFlexport has become the launch partner for Eastern Air’s express freighter service, with a multi-year contract using B777s with converted main deck cabins for e-commerce goods.US-based Eastern is expected to begin flying its B777 express freighters, once approved by the Federal Aviation Administration, on behalf of ...
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News
Menzies issues further takeover rebuff to NAS
Menzies has issued a further takeover rebuff to Agility subsidiary National Aviation Services (NAS), which last week launched a 510 pence per share bid for the Scotland-based wholesale airfreight and airport ground handling group.The board of Menzies said on February 15 that it has engaged with its shareholders following its ...
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News
Amazon targets freight forwarding with Global Logistics offering
Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering.Reports suggest the company is looking to grab marketshare in freight forwarding by offering low price container shipping services.German publication Handelsblatt said the low-price policy comes at a time when ...
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News
Menzies dismisses takeover bid
Aviation services group John Menzies has rebuffed a takeover bid from Agility subsidiary National Aviation Services (NAS) Holding.Menzies, which provides airfreight wholesale through Air Menzies International and ground handling through Menzies Aviation, said that after careful consideration it had rejected the offer of £5.10 per share.The board concluded that the ...
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NewsDSV reports record results on higher rates and GIL takeover
DSV reported record revenues and profits last year thanks to higher freight rates and acquistions.The Danish forwarder reported a 57.2% year-on-year increase in revenues for the year of DKr182.3bn, while earnings before interest and tax (ebit) were up 70.4% to DKr16.2bn and net profit climbed 164.3% to DKr11.2bn.Results were boosted ...
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News
DHL and Air France KLM partner on SAF
DHL Global Forwarding and Air France KLM Martinair Cargo (AFKLMP) have teamed up on the purchase of 33m litres of sustainable aviation fuel (SAF).The partners said the three-year cooperation represents one of the most "significant SAF purchases in the freight forwarding industry".DHL has committed to covering at least 30% of ...
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NewsCargo Start tackles emissions with CarbonCare
Photo: CarbonCareDigital service startup Cargo Start has signed an agreement for the interfacing of its airport-to-airport air cargo tracking solution StarTracking with the CO2 emissions calculator developed and operated by CarbonCare.As of February 1, users of StarTracking will be able to access CarbonCare’s solution for the calculation of CO2 emissions ...
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News
Flexport secures funding as it looks to expansion
Flexport has secured $935m in funding to be used to "accelerate development of its technology platform" and expand.The freight forwarder said the money would allow it to add new locations and markets, continue building a "logistics tech ecosystem" and invest and partner with new companies in the industry.It added that ...
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News
Cargo Spectre offers speedy AI cargo scanning
Cargo Spectre’s AI scanning system offer the air cargo industry a speedy way of recording the dimensions of cargo with black plastic surfaces.According to Texas, US-based Cargo Spectre, its advanced machine-learning scanning system achieved industry-leading speeds in recording US NTEP-certified dimensions of cargo with black plastic surfaces.Using scales, cameras, and ...
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NewsVolga-Dnepr completes massive charter operation
Photo: Volga DneprVolga-Dnepr has completed a series of charter flights carrying over 12m Covid-19 test kits.In collaboration with UK-based freight forwarder JAG-UFS, the test kits were carried from Shanghai in China to Billund in Denmark during January, with an average load of 72 tonnes per flight.The flights were carried out ...
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NewsGeodis plans Brisbane Airport facility
Source: GeodisFreight forwarder Geodis will open a new warehouse at Brisbane Airport.The 4,500 sq m facility is due to be operational in the second half of the year and will feature 4,000 pallet locations, 1,500 sq m of bulk space and a cool room for perishables to supply marine and ...
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News
Flexport turns to air cargo charters as it faces a robust market
Flexport has added more air cargo charter capacity in response to what it expects to be another robust year for airfreight.The freight forwarder has announced a deal with JetOneX, which currently operates B747Fs, to provide services on the Asia to Europe trade lane.The service will operate twice a week between ...
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News
Airfreight rates remain elevated in January
Airfreight rates on key trades were ahead of last year in January even though prices were down from the December peak.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that rates from Hong Kong to North America stood at $10.90 per kg in January.This is far above the ...
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NewsAir Menzies International adds Frankfurt presence
Ingo Haupt, AMI. Source: AMIAirfreight wholesaler Air Menzies International (AMI) has opened a new branch at Frankfurt Airport (FRA) as it looks grow in Europe.From the new facility, AMI will offer services including door-to-door transport on import and export shipments; exports with consolidation and Back2Back; Click2Ship, its platform for express ...
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Insights
2022 set to be the year of charter operations for freight forwarders
It seems that 2022 will once again be a year of cargo charter flights for freight forwarders.James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022.He highlighted ongoing issues in ocean shipping, labour shortages due to Covid hitting port/airport operations, ongoing consumer ...
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InsightsOutlook 2022: Another challenging year for air cargo
With 2022 off to a busy start, Air Cargo News caught up with a range of companies to find out what their expectations are for the coming 11 months. Damian Brett reports.Around September last year, the air cargo industry was tentatively hoping that the market could be setting out on ...
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Insightstime:matters quickly adapts to a changing air cargo market
Time-critical logistics firm time:matters has adapted rapidly to a changing market place over the last couple of years, discovers Roger HaileyPassenger aircraft grounded and country borders closed worldwide due to Covid-19. That was the challenge faced by global door-to-door time-critical express and on-board courier (OBC) specialist time:matters.Chief executive Alexander Kohnen ...
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News
Forwarder group Bifa backs apprenticeship drive
UK freight forwarder association Bifa is holding a series of events to support the forthcoming National Apprenticeship Week 2022.Throughout the week, which runs from February 7 to 13, Bifa executive director Carl Hobbis will be working with colleagues and members of the organisation's Young Forwarder Network to promote careers in ...
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News
Geodis selects Menzies for Schiphol handling
Geodis has awarded Menzies Aviation a cargo handling contract for its volumes at Amsterdam Airport Schiphol.The five-year contract includes cargo handling for the import and export of goods on the forwarder's Amsterdam flights, operating five times a week. A team of over 20 Menzies Aviation professionals will provide these services ...