Freight forwarders – Page 51
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NewsDachser ramps up capacity on Frankfurt-Chicago route
Dachser USA has added an extra weekly flight on its Frankfurt-Chicago route in response to market demand.The logistics provider initially launched the weekly Frankfurt-Chicago-Frankfurt air cargo service in July last year, as demand for pandemic-related supplies, such as PPE, increased.The additional weekly flight between Frankfurt and Chicago will be operated ...
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Air Cargo News Awards open for entry!
The time has come… entries are now open for the 37th edition of the Air Cargo News Awards, the Oscars of the airfreight industry.The awards honour and celebrate those companies that have invested in providing great customer service, operational excellence and innovative technologies.The award categories are as follows:Air Cargo Pharma ...
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NewsApex acquisition set to make K+N the leading airfreight forwarder
Kuehne+Nagel (K+N) has entered into a binding agreement to acquire Apex International Corporation as it looks to expand its presence in Asia.Terms of the deal were not disclosed, but Reuters quotes people familiar with the matter as stating that the transaction is valued at around $1.5bn-$2bn.The deal is the largest ...
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NewsWorldACD: Air cargo demand on the up in January
Air cargo demand in January matched the performance of a year ago — the first month since the start of the pandemic not showing a year-on-year decline.Figures from WorldACD show that while demand was flat compared with a year ago, airfreight rates increased by around 75% year on year, although ...
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NewsGerman airfreight market registers 22% decline in 2020
Last year, in the wake of the coronavirus pandemic, global airfreight traffic fell by 10.6% year on year, according to IATA; this is the biggest decline since records began in 1990.But how did the year go for market participants in Germany? How did the top 10 airfreight forwarders and airlines ...
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NewsNew regional MDs at Dachser Air and Sea
Dachser Air and Sea Logistics has appointed two new regional managing directors.Tobias Burger has been appointed as managing director of its Europe, Middle East and Africa (EMEA) business, while Ralph Riehl will occupy the same position in the Americas.Burger is currently responsible for the strategic development of the forwarder's air ...
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NewsRhenus swoops on BLG's air and sea forwarding business
Rhenus Air and Ocean is taking over the freight forwarding business of BLG International, which will concentrate on its contract logistics, automotive and container divisions.The move will see Rhenus add an extra nine locations in Germany to its current network of 12 air and sea offices.The nine freight forwarding sites ...
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NewsSpeedlink to offer cargo sniffer dog service at Belfast International
Dogs capable of detecting minute traces of explosives concealed in airfreight will be deployed at Belfast International Airport from tomorrow.The Free Running Explosive Detection Dogs (FREDDs) service will be offered by logistics firm SpeedLink.The company said that each and every one of the dogs involved have undergone extensive training to ...
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Shipping line CMA CGM to launch A330F air cargo operation
France-based container shipping line CMA CGM is set to enter the air cargo market with a fleet of four Airbus A330-200 freighters.The aircraft will be offered through the carrier's new CMA CGM Air Cargo division and answer "growing demand" for "agile solutions".CMA CGM, which also owns top 20 freight forwarder ...
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Five forwarders continue to lead online sales charge
Freight forwarders have improved their ability to provide instant quotes digitally, but this is led by the same group of five companies with others lagging behind.The latest annual mystery shopper report from booking portal Freightos showed that its research showed that more than 25% of digitally requested quotes were provided ...
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BIFA urges forwarders to consider apprenticeship schemes
UK forwarder group BIFA has repeated its call for freight forwarding and logistics companies to consider recruiting apprentices.The group said that apprentice schemes have been cut back as a result of the Covid-19 outbreak, but added that the industry needed to look to the future.One of BIFA's executive directors, Carl ...
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DSV back on the acquisition trail after strong 2020
DSV Panalpina saw its revenues and profits jump last year and is taking aim at another large acquisition following the integration of Panalpina.Last year, the Copenhagen-headquartered logistics firm saw its revenues increase by 22.4% year on year to Dkk115.9bn, earnings before interest and tax (ebit) before special items was up ...
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SF Holding set for $2.3bn Kerry Logistics investment
Express firm SF Holding is set to buy a majority stake in Kerry Logistics as it looks to build its international supply chain presence.The proposed deal will see SF Holding take a 51.8% stake in Kerry Logistics, with the deal valued at around $2.3bn.News that a deal could take place ...
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Modal shift to air to continue as ocean shipping faces ongoing crunch
Current modal shift from ocean to air is expected to continue as chaos in the container shipping industry is expected to continue beyond the Chinese New Year.Seko Logistics chief growth officer Brian Bourke said that this year its seafreight team had been offering customers airfreight capacity as an alternative to ...
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SF Holding set to invest in Kerry Logistics?
China-based express firm SF Holding is considering investing $5bn in Kerry Logistics, according to Bloomberg.Unnamed sources told the newswire that the Shenzhen-listed firm will invest in a stake of around 20%.The news comes after shares in SF Holdings, which owns SF Express and SF Airlines, were suspended on Friday for ...
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JAS Worldwide pounces on Tigers
JAS Worldwide has swooped on freight forwarder Tigers as it looks to broaden its logistics services.The Italy-headquartered firm has signed a share purchase agreement with Geopost, the parcel division of French group La Poste, whereby JAS will acquire Tigers once all regulatory approvals are obtained from the relevant authorities.Tigers operates ...
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BIFA announces award winners
Simarco Worldwide Logistics scooped the Air Cargo Services Award at the BIFA Freight Services Awards.The freight forwarder organisation said that despite a year beset by multiple operational difficulties and uncertainties, there were many outstanding entries in its annual awards.This year, winners were announced via a series of online video presentations.Air ...
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NewsDimerco delivers critical cargo in just five days
Dimerco organised a B777 freighter to transport oversized telecoms equipment from China to Pakistan within just five-days, despite Covid-19 restrictions and the challenges of the late December holiday period.Three sets of product line equipment totalling 91.5 tonnes were flown to Lahore from Guangdong in time for the planned opening of ...
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Geodis expands air cargo charter operations to secure capacity
Geodis has become the latest freight forwarder to expand air operations as the sector prepares for another year of tight capacity.The France-headquartered freight forwarder has confirmed the extension of its AirDirect service with the addition of a weekly flight from Shanghai (PVG) to Guadalajara, with the first flight taking place ...
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NewsRock-it and Sound Moves come together in perfect harmony
Live music logistics firms Rock-it and Sound Moves are combining their operations as they prepare for the live events to get back underway.The companies are both subsidiaries of Rock-it Cargo USA and the move will see the merger of offices, vendor networks and expertise.The move comes after a tough 12 ...