Freight forwarders – Page 94
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News
Experts downplay speculation that Home Depot will bid for XPO Logistics
Delivery expert ParcelHero has warned that a rumoured sale of XPO Logistics to US retailer Home Depot is "highly unlikely" and would harm XPO’s many UK retail and manufacturing clients.According to ParcelHero’s head of consumer research, David Jinks, a takeover bid by US-based DIY retailer Home Depot for XPO, in ...
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SEKO’S bringing airfreight home, at the speed of e-commerce
SEKO Logistics has launched its Airfreight+Final Mile service in North America to give retailers, marketplace merchants and consumer brands an e-commerce home delivery solution for bigger, bulkier products.Airfreight+Final Mile is aimed particularly at retailers selling products such as 60-80 inch flat screen TVs, bicycles and folding sports equipment such as ...
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E-commerce – growth without profit?
Airlines are looking to capitalise on the rapid growth of online consumer sales, but do the margins generated by the sector justify the investments carriers are making, asks Ian PutzgerAir France Martin Cargo (AF-KL-MP) is poised to launch a same-day product on intra-European sectors that will use its baggage system ...
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Panalpina picks Belgian perishables specialists for takeover
Logistics giant Panalpina is to acquire the Belgium-based perishables specialists Adelantex and AD Handling.The move follows similar acquisitions by Panalpina in September this year: Cool Chain Group in Germany, and Interfresh Airfreight Handling in the Netherlands.The two Belgian companies are specialised in the handling of perishables imports in Brussels, Liège ...
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Freightos joins Neutral Air Partner
Online platform Freightos has joined air cargo networking group Neutral Air Partner as an associate member to enhance the group’s digital solutions.Neutral Air Partner said it hoped the addition of Freightos would help deliver “competitive airfreight and express services, and outstanding service”.Freightos chief executive Zvi Schreiber said: “Neutral Air Partner’s ...
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Panalpina in South Sudan relief flight
Panalpina has assisted the United Nations International Children’s Fund (UNICEF) by flying relief aid to Africa to help children suffering in South Sudan.A Panalpina chartered cargo aircraft landed in the early hours of Saturday morning in neighboring Uganda, carrying nearly 80 tons of supplies including emergency shelters, water treatment equipment ...
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Ocean rate platform Xeneta targets air cargo
Ocean freight platform Xeneta is moving into air cargo with a rates benchmarking service, planning a full launch in the 2018 second quarter.The Norwegian data company has announced its intention to bring “fresh levels of transparency to the volatile airfreight market”.Xeneta for airfreight will soon be available to selected beta ...
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Panalpina creates supply chain solutions entity
Freight forwarder Panalpina has created a new supply chain solutions entity that will aim to create more efficient end-to-end transport operations for customers.The supply chain solutions business will be led by Hans Elmegaard in the role of global head of Supply Chain Solutions, reporting to Karl Weyeneth, chief commercial officer, ...
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DHL achieves CEIV certification at six US stations
DHL Global Forwarding has achieved CEIV certification at six of its airfreight stations.DHL began the certification process of its global stations according to the IATA CEIV Pharma Standard in the third quarter of 2016.Following independent audits by third parties and training courses for employees on site, stations in Chicago (the ...
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Lack of airfreight space drives up "sky high" rates
Freight forwarders are continuing to report a lack of cargo space and "sky high rates", while claiming that some shippers are turning to ocean transport to avoid delays.According to the latest Freightos International Freight Index, the rush in demand for airfreight capacity has not abated, and shippers are turning to ...
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Flexport signs up for CHAMP’s Traxon CargoHUB
Flexport, the San Francisco-based freight forwarder that also offers a web-based app to provide customers with real-time visibility of their shipments’ progress, has integrated its systems with the CHAMP messaging platform Traxon cargoHUB, as well as with the latter’s Premium Tracking service.As part of that process of switch-over, it has ...
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BIFA welcomes latest movement on Brexit discussions
Earlier today (8 December), it was confirmed that what appeared to be real progress on Brexit negotiations had been reached in ongoing talks between the EU and the British Government.Britain has agreed to pay up to £39bn in what has been described as its “divorce bill”, while compromise was reached ...
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Panalpina looks back on ‘exceptional year’ for airfreight
Basel, Switzerland-headquartered supply chain services provider Panalpina has described 2017 as having been “an exceptional year for air freight”.The market has, it said, “developed a new dynamic characterised by tight transport capacity and sustained high freight rates”.A statement continued: “Summer was anything but the usual calm and Panalpina’s early prediction ...
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Freight marketplace to include multimodal carbon calculator
The Freightos online marketplace is offering free tools to allow users to select the greenest mode of transport.It incorporates the calculations into freight quote options, for example showing that a 200kg consignment from Shanghai to London will produce 1.1 tonnes of CO2 by air but only 0.02 tonnes (20kg) of ...
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Success is in the air for Europa Worldwide
UK forwarder Europa Worldwide’s airfreight division has had its most successful year to date with a 68% increase in profits.Air consignment volumes have doubled in 2017, compared to the same period last year, and the division’s targets for the whole year were reached in just nine months, said the company.The ...
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Simarco buys two more freight firms
UK forwarder Simarco International has bought out fellow UK firms Formula Goss International (FGI) and Sutch and Searle.The latter specialises in airfreight at its headquarters at Heathrow Airport. FGI operates air, sea and road routes - including daily services to Italy and Gibraltar - out of offices at Bedford.Simarco founder ...
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Honours across the board for Hactl and Kerry Logistics
Kerry Logistics and Hactl management have been recognised by the Hong Kong Institute of Directors.Kerry Logistics' board of directors and group managing director William Ma have been selected as winners in the Boards and the Executive Directors categories, respectively, in the listed companies (Hang Seng).The judges commended the Kerry Logistics ...
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Airfreight crisis could lead to car industry breakdown
Rising prices and a critical shortfall of air cargo space could threaten vehicle production, according to emergency logistics specialist, Evolution Time Critical (ETC).Problems in booking airfreight, particularly hit Europe to North American routes, along with issues on the Asia to North America and Europe trade lanes, all point to “a ...
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Bolloré and Oro deliver B2B e-commerce solution
France-headquartered Bolloré Logistics and Californian software company Oro Inc have joined forces to launch an order-to-delivery B2B e-commerce platform aimed at retailers and their customer companies.With B2B e-commerce activity predicted to be worth US$6.7tn by 2020, Bolloré said the joint service “harnesses the considerable success of direct digital sales to ...
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Dimerco expands Europe footprint
Taiwan’s Dimerco Express Group has opened a new office in Venlo – its third in the Netherlands after Amsterdam and Rotterdam) – as it continues to expand its European network.The global logistics and transportation company saw growth of 30% year on year in the 2016-2017 period. Its new office will ...