Freight forwarders – Page 73
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News
Agility sees profits, revenues and airfreight increase
Kuwait-based logistics and infrastructure firm Agility saw revenues and profits increase during the first quarter of the year despite a slowing growth environment.First-quarter revenues at the company increased by 1.9% year on year to KD378.8m ($1.2bn), while ebitda was up 22.8% to KD46.3m and net profits imporved by 7.3% to ...
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News
US more than doubles Chinese tariff levels
The US has followed through on its threat to increase tariffs on $200bn worth of Chinese goods.Tariffs on Chinese products being imported into the US have been increased from 10% to 25% and China has threatened to retaliate.The types of products covered by the tariff increases includes: fresh food, processed ...
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NewsDHL sees airfreight volumes slide but rates boost revenues
DHL Global Forwarding saw its airfreight volumes decline for the fifth quarter in a row in the first three months of the year, but profits at its air division increased as rates improved on a year ago.The Deutsche Post-owned freight forwarder reported a 4.2% decline in airfreight volumes during the ...
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News
US threatens further tariff hike on Chinese goods
US retailers are bracing themselves for increases in US tariffs on Chinese goods after president Donald Trump took to Twitter over the weekend to threaten further hikes in rates.On Sunday, president Trump said that the 10% tariff rate on $200bn worth of Chinese goods would good up to 25% on ...
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NewsDB Schenker renews with CHAMP for Traxon cargoHUB
L-R: CHAMP's head of sales - distribution services, Laurent Jossa, with Lothar Moehle, DB Schenker's director AVSEC + governance,Freight forwarder DB Schenker has renewed its agreement with CHAMP Cargosystems for the airfreight IT provider's Traxon cargoHUB.CHAMP will continue to use the host-to-host solution for automated electronic data exchange, which ...
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NewsDigital freight platform Saloodo! now available for customers in the Middle East
Deutsche Post DHL Group logistics startup Saloodo! is expanding its digital road freight matching platform to the UAE and plans to serve customers throughout the Middle East.Launched in Europe two years ago, Saloodo! now has a customer base of over 18,000 shippers and 7,000 transport providers, with more than 250,000 ...
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News
Labrie takes top job at MNX Global Logistics
California-based MNX Global Logistics has named John Labrie as president and chief executive, taking over from Paul Martins who becomes chairman of the MNX board of advisors.Labrie was previously chief executive of Network Global Logistics, whose express division was acquired by MNX in 2018. Labrie has also held various senior ...
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NewsTurkish Cargo scoops Cargo Airline of the Year Award
Turkish Cargo was voted Cargo Airline of the Year 2019 as the airfreight industry gathered in the UK for a night of celebration at Air Cargo News’ industry Oscars, now in their 35th year.The Istanbul-hubbed airline secured the highest total number of votes cast by Air Cargo News readers to ...
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NewsBolloré opens dedicated aerospace warehouse in Hamburg
Bolloré Logistics has opened a dedicated aerospace warehouse in Hamburg, "strategically located" next to the German city's port.The 7,000 sq m aerospace facility is also a few kilometers from the production sites of major aircraft manufacturers and OEM suppliers.A spokesperson for the French forwarder said: "Thanks to direct access to ...
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NewsDSV expects Panalpina deal to complete in Q3 as profits rise
DSV expects to close its takeover of Panalpina by the end of the third quarter of this year.In its first quarter results, Denmark-based freight forwarder DSV revealed its expected timeline for its $4.6bn takeover of Panalpina.In May, DSV will file its planned share purchase with the relevant authorities, announce its ...
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NewsCEVA airfreight volumes fall in Q1, management changes after CMA CGM takeover
CEVA Logistics saw a decline in airfreight volumes during the first quarter of 2019 and the parent group has announced a series of top management changes in line with the takeover by French shipping giant CMA CGM.Air cargo volumes in the first quarter fell 6.9% year-on-year to 100,000 tonnes, mainly ...
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NewsSilva is the new managing director for Dachser's European Logistics Iberia
Celestino Silva, Dachser managing director, European Logistics IberiaCelestino Silva will take over as managing director of Dachser’s European Logistics (EL) Iberia business unit.He succeeds Juan Quintana, who has opted to leave the freight forwarder to pursue new professional opportunities.Silva began his career at Azkar—the predecessor of Dachser EL Iberia—over 20 ...
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News
Traditional forwarder systems designed to be secure, not to share data
If the future is all about data sharing and transparency, then traditional freight forwarder IT systems are not the natural place to start, according to Moritz Claussen, co-founder of online booking platform cargo.one.“They were designed to be secure, not to share data,” he explained to delegates at the Air Cargo ...
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News
Panalpina continues to expand in the perishables sector with its latest acquisition
Panalpina will continue the expansion of its perishables network in South America through the acquisition of CargoMaster in Colombia and its subsidiary, Laseair, in Ecuador.Panalpina said that CargoMaster is one of Latin America’s largest companies specialised in the airfreight export of perishables, mostly flowers to the US.From Colombia and Ecuador, ...
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NewsK+N first quarter airfreight volumes fall 3.1% in a 'declining market'
Source: K+NKuehne + Nagel (K+N) saw 2019 first quarter airfreight volumes fall 3.1% to 409,000 tonnes, citing "significant increases in tonnage in the previous years" against the backdrop of "a declining market".The world's largest freight forwarding group recorded a net turnover rise of 7.7% to SFr5.2bn in the first three ...
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NewsKRL promotes Phythian to managing director
KRL managing director Peter PhythianLogistics firm and aircraft charter service provider KRL has appointed Peter Phythian as its new managing director.Phythian is promoted from his current role of operations director.Under his new role, all of the KRL group companies, including KRL UK, World Transhipment Services Limited (WTS), KRL Forwarding Ireland ...
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NewsB&H is logistics engine for AOG-247 components supplier
Logistics provider B&H Worldwide has signed a multi-year deal to provide aircraft and engine components supplier AOG-247 with warehouse and inventory management services at both London Heathrow and Frankfurt airports.Under the terms of the contact B&H will provide full inventory management at both locations, including complete consignment handling and access ...
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News
Bolloré clicks with CargoWise for new digital solution
Logistics firm Bolloré Logistics will continue its digital drive by rolling out a new platform across its global network.The company today announced that it had signed up to use WiseTech Global's CargoWise One digital platform across the whole of its business, with the roll out starting in May.The system will ...
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NewsFlexport makes two senior appointments as it continues digital drive
Kevin Paige (L) and Mehmet Goker (R)Freight forwarder Flexport has appointed Mehmet Göker as chief data officer (CDO) and Kevin Paige as chief information security officer (CISO).Flexport chief executive Ryan Petersen said: "Hiring top talent for the CDO and CISO roles was an extremely important priority for us. Data and ...
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NewsBolloré Logistics wraps up French freight volumes at CDG
Bolloré Logistics handled 690,000 tonnes of airfreight worldwide in 2018 and has seen air cargo tonnages at its Roissy CDG hub in Paris grow by 44% since 2016 as it consolidated traffic flows from around France.Philippe de Crecy, vice president for airfreight Europe, estimates that around one-third of the CDG ...