All Scan Global Logistics Articles – Page 3
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NewsScan Global Logistics continues expansion with new UAE business
Source: Scan Global LogisticsScan Global Logistics (SGL) has opened a wholly-owned business in Dubai, taking advantage of the new no-local sponsor regulation.The company had commercial representation in Dubai for a number of years, but decided to take advantage of new regulations allowing 100% foreign ownership in the UAE.Only one month ...
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News
Shanghai port congestion could pile on airfreight pressure
Covid lockdown measures in Shanghai are drawing to a close but a backlog of shipping containers at the Port of Shanghai could once again fuel airfreight congestion and demand.In its May 24 airfreight update for North China, Flexport said that businesses are reopening after Covid curtailment measures forced them to ...
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NewsScan Global Logistics targets emissions with SAF deal
Source: Neste/Scan Global LogisticsScan Global Logistics (SGL) is partnering with Sustainable Aviation Fuel (SAF) producer Neste to offer customers the opportunity to reduce their carbon emissions when using airfreight.The freight forwarder said that the agreement means that customers can choose the level of emissions they want to reduce from their ...
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NewsWhen will air cargo's supply-demand balance return to pre-Covid levels?
The air cargo market could see its supply-demand balance return to pre-covid levels in 2025, although that prediction comes with a plethora of caveats.Speakers at the Nordic Air Cargo Symposium were tasked with taking a look at air cargo’s road to recovery and they concurred that industry turbulence was set ...
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NewsLogistics firms predict Shanghai lockdown airfreight disruption
Global logistics firms are anticipating disruption, delays and price increases for air cargo supply chains in Shanghai following the start of a nine-day Covid lockdown in the city.Shanghai started a two-phase lockdown on March 28. From this date until April 1, the city’s east side, including Pudong, will be locked ...
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NewsSurcharges increased as Ukraine conflict rages on
Photo: FedExSurcharge are being increased as supply chain disruption due to the Ukraine invasion continues.From March 7, FedEx Express is introducing increasing its peak surcharges on FedEx Express parcel and freight shipments and TNT shipments for some shipments moving between Asia Pacific (APAC) and countries in APAC, Europe, Latin America ...
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News
Supply chain costs to rise as Ukraine crisis bites
Freight forwarders are warning of higher supply chain costs as the impact of the invasion of Ukraine disrupts transportation operations.The forwarding sector said the airspace restrictions imposed by Russia, European states, Canada, the UK and in North America were forcing airlines to cancel and adjust services."Adjustments to flight schedules are ...
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InsightsOutlook 2022: Another challenging year for air cargo
With 2022 off to a busy start, Air Cargo News caught up with a range of companies to find out what their expectations are for the coming 11 months. Damian Brett reports.Around September last year, the air cargo industry was tentatively hoping that the market could be setting out on ...
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News
SGL predicts another challenging year for airfreight
Fast-growing freight forwarder Scan Global Logistics (SGL) is predicting another challenging year for airfreight as strong demand, ocean freight problems, ground handling issues and slow to recover air cargo capacity combine to keep the industry under pressure.On the capacity side, the Denmark-based company said that it does not expect belly ...
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NewsScan Global Logistics expands into UK with Horizon deal
Nigel Davies (L) of Horizon and Allan Melgaard of SGL. Source SGLFast-growing Scan Global Logistics (SGL) has added a presence in the UK through the takeover of Horizon International Cargo.SGL said that having a presence in the second-largest market in Europe is a "strategic move pivotal to the company's long-term ...
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News
Scan Global to acquire Orbis as it continues rapid expansion
Scan Global Logistics (SGL) has entered into a binding agreement to acquire New Zealand forwarder Orbis Global Logistics as it targets a top 15 spot in the air cargo market.SGL said the deal, which is set to be completed on October 5, will "significantly strengthen its position in the Pacific ...
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News
Air cargo faces China supply chain disruption
New Covid quarantine rules for cargo workers at key gateways in China are putting air cargo supply chains under pressure.Over the last few weeks, Covid cases in China have begun to pick up as the country contends with the contagious Delta variant of the virus.To contain outbreaks, lockdowns and stricter ...
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Insights
Scan Global Logistics targets a top 15 spot in air cargo
Scan Global Logistics (SGL) has revealed ambitious plans to become one of the world’s top 15 airfreight forwarders over the next five years.The Copenhagen-headquartered forwarder’s global chief operating officer for sea and airfreight, Mads Drejer, said SGL is currently in the top 40 air forwarders with volumes of around 100,000 ...
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