Freight forwarders – Page 50
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NewsAMI expands at fast-growing LA ahead of new air cargo security requirements
Cargo wholesaler Air Menzies International (AMI) has moved to a new facility at Los Angeles International (LAX) as it looks to expand operations at the fast growing US airport and prepare for stricter security requirements.AMI said the move to a new facility will more than double warehouse space and place ...
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Kerry Logistics looks ahead to SF deal as revenues rise
Kerry Logistics saw both adjusted profits and revenues increase last year and it is expecting its proposed deal with SF Holdings to drive further growth.The Hong Kong headquartered company saw revenues increase by 30% year on year to HK$53.4bn in 2020, while profit attributable to shareholders stood was down 23.6% ...
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NewsDP DHL targets aviation emissions with €7bn sustainability pledge
As part of its new sustainability roadmap, announced today, Deutsche Post DHL Group (DP DHL) is investing €7bn in green technologies, such as sustainable aviation fuel, to help it further reduce its Co2 emissions over the next ten years.The sustainability roadmap, which covers the company's operations until 2030, are in ...
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Cargo volumes have skyrocketed – but are forwarders and truckers paying the price?
In his latest column, Brandon Fried, executive director of the US Airforwarders Association, explains the cost impact of airport logjams for forwarders and truckers. Despite encouraging progress towards widespread distribution, the Covid-19 vaccine, many consumers remain quarantined at home, choosing the convenience of online delivery of their essential merchandise.The subsequent ...
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NewsNippon Express launches domestic halal-certified airfreight service
Last week (March 8), Japan-based Nippon Express launched a new halal-certified domestic airfreight product.The forwarder said it launched the service after observing an increase in demand for halal products in Japan.Currently, Japan has a Muslim population of around 200,000."With an increase in foreign visitors/residents from a diversity of cultural backgrounds ...
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NewsFlexport appoints EMEA network trade lane director
Freight forwarder Flexport has appointed Paul Rombeek to the role of senior director of network trade lane management, Europe, the Middle East and Africa (EMEA).In his new role, Rombeek will develop the company's Europe airfreight operations "with a focus on the Far East westbound". He will also drive the company's ...
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NewsOngoing US ocean delays to keep air charter operations busy
Delays to container shipping supply chains in the US, which are resulting in increased air cargo charter flights, could continue into the summer, according to Tom Pelliccio, executive vice president international at freight forwarder Pilot Freight Services (PFS).Pelliccio said that ocean shipping services are currently facing delays of around five ...
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Top air forwarders expect continued capacity constraints for 2021
The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the rest of the year.Speaking to analysts following the announcement of K+N's 2020 financial figures, the forwarder's chief executive Detlef Trefzger was asked whether he expected airfreight rates to collapse this ...
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NewsHellmann appoints new chief of commercial
Patrick Oestreich, HellmannHellmann Worldwide Logistics has appointed Patrick Oestreich as its chief commercial officer (CCO), succeeding Jens Möller who took over the position on an interim basis in August of last year.As CCO and member of the executive board, Oestreich will be responsible for the global sales leadership team, which ...
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NewsAir cargo and e-commerce help DP DHL to record earnings
Air cargo and e-commerce were two of the star performers at Deutsche Post (DP) DHL last year as operating profits reached record levels.The German parcels and logistics giant last year saw revenues increase by 5.5% year on year to €66.8bn, earnings before interest and tax (ebit) were up 17.4% to ...
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Shippers urged to get creative to combat space shortages
Shippers have been urged to get creative as capacity shortages and high rates in air cargo and other modes are expected to continue.In the latest Baltic Exchange airfreight rate newsletter, Bruce Chan, vice president of global logistics at investment bank Stifel, said that over the next few months capacity could ...
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African air cargo market set to benefit from forwarder investments
It is hoped that recent investments by large forwarders in Africa will lead to infrastructure improvements.In January this year, DHL expanded its capabilities in South Africa by investing in new 10,000 m sq warehouse with pharma facilities near Johannesburg Airport.Also in January, CEVA Logistics acquired Moroccan freight forwarder ASTI Group.In ...
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Cargo wholesalers team up on Europe-Australia service
Europe-based Wholesale by Vels and Australian firm Consol Alliance have entered into a strategic partnership to develop air cargo business on the Europe-Australia route.Initially, the new alliance will operate weekly, trade-only unitised airfreight consolidations from Amsterdam Schiphol to major Australian airports.The service frequency is expected to increase over the coming ...
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NewsAir cargo boosts K+N in 2020
Kuehne+Nagel's (K+N) airfreight business registered improvements in profits and revenues last year, while the overall business reported declines.K+N said that 2020 was characterised by a weak first and a strong second semester.The forwarder's airfreight business saw revenues for the year increase by 11.6% year on year to SFr5.2bn, gross profits ...
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DB Schenker commences India air cargo charter service
DB Schenker has commenced its India air cargo charter service, which is part of its Global Flight Operations Program launched to bridge the capacity gap.Boeing 747 freighters will be used for the service to transport cargo between India, Europe and the US (Munich—Chennai—Chicago RFD).Cargo carried on the flights will include ...
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NewsCEVA relocates Thailand head office to Bangkok
CEVA Logistics has relocated its Thailand head office to Bangkok, as it continues to expand in Asia.The announcement follows CEVA moving its Thailand airfreight team to a new office at Suvarnabhumi Airport.The company's Thailand head office is now located in a 28-story building close to the city’s two airports and ...
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K+N transports Sinovac Covid vaccines from China to Dominican Republic
Kuehne+Nagel (K+N) has transported Covid-19 vaccines, manufactured by Chinese pharma firm Sinovac Biotech, from Beijing, China to the Santo Domingo, Dominican Republic.The forwarding giant monitored the shipment — containing 768,000 vials of the vaccine — as it moved across its pharma network, to ensure that it was "compliant with the ...
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NewsU-freight ready for stricter Hong Kong screening requirements
Hong Kong-based U-Freight has said it is prepared for the tightening of cargo screening regulations in March.From next month, all air cargo consignors in Hong Kong will need to be a validated known consignor, or 100% of their cargo will be subject to screening before being loaded on an aircraft.Over ...
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NewsGeodis appoints sales and marketing director Europe
Geodis has appointed Robert Mianowski into its North, East & Central Europe (NECE) global sales and marketing team.In his new role, based in Frankfurt, he will be responsible for Geodis' NECE development, as well as the implementation of its sales and marketing strategy.Over the last 25 years, Mianowski has worked ...
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NewsCEVA wins Airbus logistics contract
A320 hangar - credit AirbusCEVA Logistics has been awarded a contract to manage production supply for Airbus at the aircraft manufacturer's assembly site in Hamburg, Germany.The forwarder will be responsible for production supply for the A320 family structural assembly and the equipping of fuselage sections as well as the manufacturing ...