Freight forwarders – Page 74
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News
Shippers and forwarders team-up to drive greener supply chains
European shippers and freight forwarders have teamed up to try and try and improve the logistics sector’s environmental performance.The European Shippers’ Council (ESC) and forwarder group Clecat contributed to the LEARN project on logistics emissions accounting, which kicked off in October 2016 and finished in March 2019.The objective of the ...
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NewsDHL processes 800 tonnes of cargo for cyclone-hit Africa
Deutsche Post DHL Group’s Disaster Response Team (DRT) has ended its first deployment in Africa having processed nearly 800 tonnes of humanitarian relief aid cargo.Three teams of 12 volunteers processed cargo from approximately 50 aircraft over 20 days at Mozambique’s Beira Airport to support relief efforts in the wake of ...
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NewsPanalpina airfreight volumes improve in Q1 despite market decline
Panalpina has bucked market trends by reporting an increase in air cargo volumes in the first quarter of the year, while overall profits and revenues were also on the up.The company, which looks likely to merge with Denmark’s DSV, saw airfreight volumes increase by 8% in the first quarter to ...
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NewsRhenus acquires Miami-based Freight Logistics Group
Picture: Freight Logistics.Rhenus has acquired Miami-headquartered high-tech supply chain specialist Freight Logistics as the German freight forwarding group continues on the acquisition trail in the Americas.Florida-based Freight Logistics operates its own consolidation hub located near in Miami International Airport and has offices in Argentina, Brazil and Chile.The Freight Logistics acquisition ...
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NewsDimerco adds new US office on the back of regional growth
Taiwanese freight forwarder Dimerco has added a new office in Seattle following rapid growth in the North America region this year.The new office opened on April 11 and brings the forwarder's total number of offices in North America to 21.The network expansion reflects Dimerco’s growth in the region, with revenues ...
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NewsRecord revenues for logistics firm time:matters
Time critical logistics firm time:matters saw revenues reach record levels in 2018 through acquisitions and the expansion of its network in the Americas.The Lufthansa-owned company saw revenues reach €121.5m last year, up 12.5% compared with 2017 levels.In September, time:matters purchased CB Customs Broker GmbH and Customs Broker Cargo Handling, while ...
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News
Rhenus' carbon calculator allows airfreight shippers to fly greener
Rhenus Logistics Air and Ocean has launched a free-of-charge airfreight carbon dioxide (CO2) reduction programme which allows shippers to choose ‘greener’ aircraft for air cargo shipments.The German forwarder’s worldwide RHEGREEN system calculates rankings for airlines by considering the aircraft types, fuel efficiency and the distances involved.It is based on which ...
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News
CEVA to be de-listed as CMA CGM is set to gain a 98% shareholding
The end of CEVA's short time on the Zurich Stock Exchange looks to have been confirmed after CMA CGM said it was now on course to hold a 97.89% stake in the forwarder.Following the announcement, the French shipping giant reconfirmed plans to de-list CEVA from the SIX Swiss Exchange. Settlement ...
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NewsDigitalisation does not mean a race to the bottom on pricing
Lars JensenDigitalisation will not result in a race to the bottom on pricing for forwarders, according to SeaIntelligence Consulting founder Lars Jensen.Speaking at the annual general meeting (AGM) of forwarder association The WACO System, Jensen warned that forwarders need to embrace digitalisation or get left behind.“Digitalisation is something that should ...
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NewsPanalpina board proposes no dividend and new chairman
Thomas Kern, chair of Panalpina's independent board of directorsPanalpina’s board of directors has proposed to elect Thomas Kern as chairman of the board at the upcoming annual general meeting (AGM), to be held on May 9. Meanwhile, the board has also proposed that no dividend be paid out to shareholders ...
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NewsB&H launches new customer care programme
B&H Worldwide customer care manager Megan LawsAerospace logistics firm B&H Worldwide has appointed Megan Laws to the newly create role of customer care manager to head up its global CustomerFirst! programme.Laws joins from the procurement technology sector where she was head of customer experience. In her new role at B&H ...
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News
UK forwarders given guidance on trade in endangered species in a no-deal Brexit
UK freight forwarders have received additional guidance on the regulations concerning the trade in endangered species.Robert Keen, director general of BIFA, the trade association that represents the UK’s freight forwarding sector, said: “One of the consequences of Brexit will be that freight forwarders and customs agents will become involved in ...
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NewsTigers roars into Thurrock as it stalks e-commerce demand
Tigers' Thurrock facilityLogistics firm Tigers has opened a new facility in Thurrock, near London Gateway, to continue with long-term UK investment plans and to meet growing e-commerce demand.Tigers has moved its existing Basildon facility to the larger location in Thurrock with the creation of more than 50 jobs, which will ...
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NewsCEVA's China-Europe trucking service expanded to Spain
CEVA Logistics has expanded its China-Europe trucking service, which the forwarder has pitched as a competitor to air, with a new route to Spain.Just 16 days after setting off, the 70 cu m load of 7,000 kg of garments destined for a leading worldwide retailer in Spain successfully completed the ...
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News
DB Schenker strikes up e-commerce partnership
Logistics firm DB Schenker will begin offering its services through e-commerce sales service provider ChannelAdvisor Corporation after the two firms signed a partnership.The deal will allow DB Schenker’s customers to connect with over one hundred selling channels supported by ChannelAdvisor, while the e-commerce platform's customers will get access to DB ...
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NewsGretton joins Baxter Freight as finance director
Nick GrettonNick Gretton has joined UK-based Baxter Freight as finance director in line with its growth plans.Nottingham-headquartered Baxter Freight – which has recently achieved an all-time turnover of more than £50m - is celebrating its fifth anniversary of trading this year.Gretton is a chartered accountant with many years’ experience as ...
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News
DSV Panalpina: Focus on higher margins and growth rather than slimming down on jobs
DSV intends to lift the profit margin of $4.6bn take-over target Panalpina after the two global freight forwarders have combined their businesses into a $17bn turnover company.DSV boss Jens Bjørn Andersen indicated that the regulatory process in the all-share transaction should take around six months to complete, and that he ...
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NewsDSV boss "happy, proud and humble" to merge with Panalpina
DSV boss Jens Bjørn Andersen said that the proposed $4.6bn merger with Panalpina is expected to complete in around six months.Andersen, chief executive of Denmark-based DSV, made his comments during an investor call this morning on the “combination of forces” with Switzerland-headquartered Panalpina.The merger, still subject to shareholder and regulatory ...
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NewsBreaking news: Panalpina and DSV set to merge in $4.6bn deal
DSV and Panalpina have agreed the terms and conditions of a combination to join forces with a Public Exchange Offer to all Panalpina shareholders.If the DSV offer of SFr195.8 for each Panalpina share is successful, a deal worth around $4.6bn, DSV and Panalpina will become one of the world’s largest ...
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NewsSEKO to serve as Peli network station in Dublin
Peli BioThermal ULDs at SEKO's Dublin facilitySEKO Logistics’ new operation in Ireland has won a three-year contract to serve as Peli BioThermal's network station and service centre in Dublin.The Master Services Agreement will see SEKO Logistics’ team service, refurbish, repair and condition Peli BioThermal’s Crēdo on Demand pharma ULDs, used ...