Freight forwarders – Page 61
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News
DP DHL scraps earnings guidance as it takes a €200m Covid-19 hit
Deutsche Post DHL (DP DHL) has scrapped its earnings guidance for the year as it reported a €200m hit caused by the coronavirus outbreak.The postal and logistics giant said that the global spread of the pandemic and the corresponding lack of transparency concerning the global economic development led the group ...
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NewsUnited and Flexport collaborate to deliver Covid-19 relief
To support the continued fight against Covid-19, United Airlines has collaborated with Flexport.org to ship essential medical cargo to frontline workers in California and New York.As part of the Frontline Responders Fund — a GoFundMe page launched by Flexport.org, the impact group that represents freight forwarder Flexport — millions of ...
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News
Cargoguide offers free licenses to support home-working forwarders
Rate platform Cargoguide is offering free user licenses to help home-based freight forwarders stay on top the rapidly changing market.Last month, Cargoguide began offering free user licenses to help home-based freight forwarders, who are currently adapting to their new way of working, and is now asking carriers to share their ...
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News
Forwarder turns to road for China-Europe shipments
Freight forwarder InstaFreight claims that road freight services between China and Europe are now offering similar transit times to air cargo operations.InstaFreight said it had added an overland road option to complement its air and sea freight services in light of the high cost and delays out of China.The company ...
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NewsVirgin Atlantic and CEVA in medical equipment relief flight
Virgin Atlantic has teamed up with not-for-profit foundation Virgin Unite and CEVA to fly a special charter flight from Shanghai to London, bringing in essential medical supplies and Personal Protective Equipment (PPE) for the National Health Service (NHS).The Boeing 787-9 aircraft departed from Shanghai on April 3, landing at Heathrow ...
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NewsGefco loads up B787 for Covid-19 charter flight
Freight forwarder Gefco has transported a shipment of medical supplies on special charter flights from Shanghai to Bratislava to help tackle Covid-19 outbreak in Slovakia and the Czech Republic.The flights - on behalf of healthcare investment firm Penta - took place from March 31-April 1 using two Boeing 787 aircraft ...
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NewsForwarder Beacon appoints Booth to finance role
Brenton Booth, Beaconfreight forwarding and supply chain finance company Beacon has appointed Brenton Booth as head of supply chain finance.Booth joined the company on April 1 having previously run his own strategy and product development consultancy working with financial services companies. He also spent several years working at Barclays Bank.Beacon ...
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NewsImperial partners with MEX as they take aim at African market
Imperial has entered into a partnership with Turkish freight forwarder M Ekspres (MEX), which will see the creation of a new multimodal freight management business.The business will be based in Istanbul and will provide air and ocean import and export forwarding services. In addition, it plans to leverage the fast-growing ...
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NewsDAMCO adds new head of Americas and 'cargo rescue program'
DAMCO has appointed Mike Meierkort as head of Americas as it launches a new "Cargo Rescue Program" in the US aimed at helping supply chain congestion caused by the coronavirus outbreak.Meierkort has more than 32 years’ experience in logistics, including senior roles with Panalpina, Vanguard Logistics, and, most recently, Livingston ...
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News
Bolloré Logistics utilises freighters for healthcare supply chains
Bolloré Logistics' new health crisis unit will utilise freighters to help ensure the transport of medical equipment and products related to the coronavirus.The new unit is developing an epidemic response plan, "providing graduated solutions and making decisions very quickly in the event of an increase in the epidemic and new ...
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News
Kerry Logistics reports rise in revenues and profits in 2019
Kerry Logistics Network last year saw revenues and profits increase last year, with its logistics and forwarding businesses performing well.The company last year saw revenues increase by 8% year on year to HK$41.3bn, while core operating profit was up 17% to HK$2.8bn and core net profit improved 4% to HK$1.4bn.The ...
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Time:matters sees revenues drop as it readies for Covid-19 impact
Logistics firm time:matters saw its revenues decline last year, but said it is well positioned to cater for coronavirus related demand.The lufthansa-owned time critical logistics company saw its revenues drop to €114.8m in 2019 from €121.5m in 2018.It pointed out this represents its second-best revenue result to date and came ...
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NewsAMI adds Los Angeles to Sydney charter flight
D-Max Photograohy http://www.dmaxphotography.com.au joel@dmaxphotography.com.auAirfreight wholesaler Air Menzies International (AMI) is the latest company to introduce a weekly charter flight.The service, starting on April 4, will operate between Los Angeles International and Sydney International utilising a Boeing 787-9 aircraft with a capacity of 34 tonnes.AMI said it had decided to launch ...
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News
Dachser Mexico ships masks in coronavirus relief flight
Dachser Mexico provided air transportation for the shipment of more than 3m surgical and respiratory masks to Germany, to help combat the spread of Covid-19.A fully-loaded Boeing B787-9 airliner arrived in Frankfurt from Mexico City on March 24. The flight represents Dachser Mexico’s first-ever international charter flight.From Frankfurt the supplies ...
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NewsUS forwarders welcome government support for businesses
Brandon Fried, AfAUS forwarders have welcomed the introduction on the Coronavirus Aid, Relief and Economic (CARES) Act but said the failure to specifically reference the sector is "worrisome".The CARES Act delivers $2.2trn in direct payments to Americans, provides loans and grants for businesses and gives states much-needed money for public ...
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News
U-Freight: Innovative thinking is key to keep supply chains moving
Hong Kong-based freight forwarder U-Freight has said that "innovative thinking" is crucial in dealing with the difficulties faced by supply chains during the coronavirus pandemic.U-Freight also informed that it is running its global operations "as normally as possible" as it seeks innovative solutions to help it overcome the challenges that ...
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News
CEVA Logistics declares Force Majeure
CEVA Logistics has declared Force Majeure as a result of the coronavirus outbreak, removing it from certain contractual obligations.The announcement applies to all CEVA Services, including (but not limited to) its airfreight, ocean freight, ground freight, rail, customs brokerage and contract logistics services.The logistics firm, owned by Marseilles-headquartered shipping line ...
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NewsMiddle East move for Mitchell at Crane
Crane Worldwide Logistics has promoted Chris Mitchell to manage its Middle East region.Mitchell joined Crane Worldwide in in September 2011, as director for energy in Asia Pacific and since 2017 has led the Global Specialized Solutions division.The Middle East region is a growth area for Crane Worldwide Logistics, with significant ...
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News
COVID-19: US forwarders and truckers seek government financial and operational support
The US-based Airforwarders Association (AfA) has provided the White House and Congress with a list of written suggestions “critical to the survival of the air cargo industry” as its members struggle against the economic impact of the coronavirus.In a letter on behalf of AfA members, executive director Brandon Fried recommends ...
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NewsLigentia offers free warehouse storage in China
Supply chain management company Ligentia has launched an inventory relief programme offering new and existing businesses free storage, while space is available, in all their China warehouses for up to four weeks.The move will help its general merchandise customers tackle the slowdown in demand by supporting storage solutions at source ...