All Supply Chains Articles – Page 45
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NewsCharterSync scoops Logistics Award
Logistics Award winners. Source: Logistics UKDigital charter broker CharterSync last week scooped the Air Business of the Year Award at Logistics UK's Logistics Awards.The company was one of 14 to win an award at the event on Thursday night in London at a ceremony hosted by stand-up comic and podcaster ...
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NewsCyber attack victim bounces back
Photo: Hellmann Worldwide LogisticsOperations are “largely running again” for Hellmann Worldwide Logistics following a cyber attack, but a data breach cannot be ruled out.Hellmann Worldwide Logistics confirmed the cyber attack on December 9, though it was unable to confirm whether any data has been leaked. The company has not named ...
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NewsMondiale VGL grows with acquisition
From left to right: George Schirato (Mondiale VGL Director); Louise Rigoni (CAS Director); Mark Callus (CAS Director); and Chris James (Mondiale VGL COO). Copyright: Mondiale VGLAustralasian end-to-end supply chain giant Mondiale VGL has acquired a South Australian-based customs and logistics business.Mondiale VGL, the largest, privately-owned international freight forwarding and logistics ...
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News
Flexport adds partner network
Flexport has expanded its reach by adding a network of partners that customers can utilise through its digital platform.The forwarder said that its "certified partner network" is an " industry-first ecosystem of logistics service providers".However, some have pointed out that freight forwarders have always utilised agency networks to expand their ...
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NewsHellmann hit by cyber attack
Hellmann Worldwide Logistics has confirmed a data breach. Photo: Hellmann Worldwide LogisticsHellmann Worldwide Logistics has been hit by a cyber attack that has impacted operations.On December 9, the German logistics services company said external security specialists are working on restoring operations, but it is currently unable to confirm whether any ...
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NewsCool supply chain growth
Gianluca Marcangelo, senior manager cargo transformation at Challenge Group. Photo: Cool Chain AssociationChallenge Group has become a member of the Cool Chain Association (CCA) to drive improvements in the cool supply chain.The temperature-sensitive airfreight specialist will join the CCA’s new technical committee, with the aim of supporting cool supply chain ...
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Insights
Supply chains spotlight: Soaring demand in the skies
With the current disruption to deep sea shipping showing little sign of abating, many companies are looking towards air freight as an alternative, more reliable option for international logistics operations to protect the integrity of global supply chains.As reported in the UK's Daily Telegraph (November 2021), the air cargo sector ...
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NewsAir cargo demand wanes as congestion puts the sector under pressure
Congestion on the ground is driving up air cargo rates and clogging up air cargo supply chains.Figures from analyst CLIVE Data Services show that demand decreased in November by 1.2% compared with October, reversing the usual trend of demand rising as the year draws to a close.Mirroring this decline, dynamic ...
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NewsForwarding market returns to growth led by air cargo
The freight forwarding market is expected to grow by double-digit percentage levels in 2021 compared with last year led by the air cargo sector.The latest market forecast from consultant Transport Intelligence (Ti) shows that the forwarding market (in total value terms) is expected to improve by 12% in 2021 compared ...
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NewsGlobal trade bounces back while interest in nearshoring recedes
Trade has bounced back to pre-pandemic levels while interest in the regionalisation of supply chains has receded, according to the latest Global Connectedness Index from DHL Express and NYU Stern School of Business.The overall Global Connectedness Index, which analyses globalisation across trade, capital, information and people, is on track to ...
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News
DB Schenker extends with Atlas Air
DB Schenker has extended its partnership with Atlas Air for charter flights on the transpacific.The partners did not reveal the length of the contract but described it as "long term" and an extension of the agreement the partners reached in 2020 for transpacific flights.The flights are part of the forwarder's ...
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News
Cathay Pacific Cargo outlines transpacific ULD challenges
Cathay Pacific director of cargo Tom Owen has outlined the current challenges the airline faces in the cargo market.Owen explained that Cathay Pacific is currently battling a ULD shortage on the transpacific while it also continues to be effected by the recent positive Covid cases amongst its pilots.Earlier this month, ...
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News
DSV warns of Chinese New Year supply chain pressure
Freight forwarder DSV is telling its customers to plan early for next year's Chinese New Year holiday as several "extraordinary factors" are expected to put transport operations under extra pressure.The Denmark-based forwarder said that the Chinese New Year holiday, which this year will start on January 31, typically puts extra ...
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News
Air Canada adds cargo capacity to help maintain British Columbia supply chains
Air Canada "significantly increased cargo capacity" into and out of Vancouver to help maintain supply chain links following flooding in British Columbia.The carrier said that between November 21 and November 30 it would add around 586 tonnes of cargo capacity, representing 3,223 cu m, from its hubs in Toronto, Montreal ...
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News
Southwest Airlines Cargo halts standard bookings as passenger demand rises
North American low-cost carrier Southwest Airlines has temporarily suspended all cargo bookings - other than next-flight guaranteed (NFG) - due to rising passenger and cargo demand.Last week, the US carrier notified its cargo customers that due to an unprecedented number of passenger bookings, baggage loads, and cargo volumes that from ...
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NewsCMA CGM the second firm to sign up for A350 freighters
Source: AirbusCMA CGM has become the second company to sign up for Airbus' new A350 freighter as the French logistics group continues its expansion in the air cargo market.The shipping giant, which launched its CMA CGM Air Cargo business earlier this year, has signed a memorandum of understanding covering the ...
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NewsKerry Logistics and My Jet Xpress expand freighter operation
My Jet Xpress B737-400F Source: Kerry LogisticsKerry Logistics Network and Malaysian cargo airline My Jet Xpress Airlines have expanded their airfreight operation based at Macau.The airfreight partnership was first formed in March to support one of the logistic firm's e-commerce customers that was struggling to obtain freight capacity from Macau ...
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NewsCainiao opens Liege Airport warehouse
Source: CainiaoCainiao Network, the logistics arm of Alibaba Group, has opened a new warehouse at Liege Airport to meet e-commerce demand.The 30,000 sq m warehouse is divided into two parts: a 12,000 sq m air cargo station for the rapid transit of goods for both export and import between the ...
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NewsCargo market expected to remain tight despite increased passenger demand
Carsten Sphor. Source: Lufthansa GroupThe resumption of passenger operations has been in the headlines this week as the US eases its travel restrictions, but this is not expected to result in a sudden weakening of the cargo market.Lufthansa Group chief executive Carsten Spohr for one is expecting the cargo market ...
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News
Airfreight rates expected to continue to rise
Airfreight rates are expected to continue to rise from already elevated levels despite efforts to ease ocean freight supply chain issues.In the latest Baltic Exchange market update, investment bank Stifel senior analyst Bruce Chan said that efforts to clear US ocean freight backlogs by extending the opening hours of certain ...