Supply chains – Page 38
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News
Shanghai Covid trucking restrictions see sustained pressure on airfreight
Shanghai is back in business following a Covid lockdown but additional quarantine measures have resulted in trucking restrictions and staff shortages that are further battering airfreight supply chains.Infections recorded following the formal end to lockdown in the city on June 1 has seen some areas return to Covid restrictions, temporarily ...
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NewsFedEx Express expands Asia-Europe connections
Photo: FedExFedEx Express has launched a new route between Asia and Europe, connecting China’s capital Beijing to the FedEx Charles de Gaulle (CDG) Airport hub in Paris, France for the first time with ten connections per week via Osaka, Japan.This new route will benefit businesses as the cut-off time for ...
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NewsDelta Cargo helps ease US baby formula shortage
Photo: Delta CargoDelta will work as part of Operation Supply Formula to fly much-needed baby formula from Europe to the US.Over the course of 13 flights later this month, Delta Cargo will transport a total of 212,000 pounds of Kendamil baby formula from London’s Heathrow Airport (LHR) to Boston Logan ...
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News
DB Schenker opens air cargo facility in the Netherlands
Freight forwarder DB Schenker has opened a new air cargo facility in Eindhoven, the Netherlands to strengthen its operational network within Europe's air cargo supply chain.The freight forwarder said the energy-efficient facility, built with sustainability, in mind was opened on June 8."With its strategic location, cross-dock operation and good connections ...
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NewsDSV and LATAM Group partner to ease Americas supply chain congestion
Photo: DSVDSV and LATAM Group are collaborating to tackle US-Brazil supply chain congestion with a new air cargo service.Tagged as the "LATAM Star", LATAM together with DSV Air & Sea will offer a direct service from Huntsville International Airport in Alabama to Viracopos, Brazil.Mads Ravn, executive vice president, DSV Air ...
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NewsSEKO Logistics delves further into e-commerce with partnership
Photo: SEKO LogisticsE-commerce logistics company MyFBAPrep has become the preferred Fulfilment by Amazon (FBA) service partner for Seko Logistics.The deal will include co-branded products and expands SEKO’s offering to include FBA fulfilment services.This partnership gives MyFBAPrep’s client roster of Amazon aggregators access to SEKO`s global fulfilment warehouses and an additional ...
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News
Maersk completes $644m Senator acquisition as it looks to air cargo
Shipping giant AP Moller-Maersk has completed the acquisition of Senator International for $644m as it looks to boost its presence in forwarding and airfreight.Maersk said that Senator brings with it a well-developed airfreight network comprising own controlled flights and long-term partnerships with airlines, a well-established full container load (FCL) and ...
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News
Rhenus Air and Ocean adds two new Danish locations
German logistics company Rhenus Air & Ocean has expanded its presence in north-west Europe by opening two new business sites in Copenhagen and Aarhus.Rhenus said the two new Danish offices would strengthen connections with the Netherlands, Belgium, Ireland, Norway, and the UK.Prior to this, Rhenus had already added a new ...
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NewsAirfreight volumes fall again in May
General air cargo market volumes fell again in May as the pandemic, Ukraine-Russia war and economic turbulence continued to take their toll.According to Xeneta’s CLIVE Data Services, general air cargo market volumes fell 7% year-over-year in May, following on from declines in April and also in March.Airfreight demand for May ...
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InsightsSwissport embraces growth and green logistics
Swissport is demonstrating how ground handlers can go green and decarbonise while simultaneously growing their air cargo handling businesses.Active at 285 airports in 45 countries across six continents at the end of 2021, Swissport is a major air cargo handler.The air cargo segment comprises 25% of the business, although last ...
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Insights
Top forwarders not expecting globalisation to end
Global supply chains have been battered by constant disruption for more than two years, leading some to warn that there could be an upswing in nearshoring.First there was the Covid outbreak, then capacity challenges across all modes of transport, issues with worker shortages due to quarantine requirements, the impact of ...
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NewsFast growing freighter airline mas expands network to China
Source: masMexico-based freighter airline mas has added flights to China for the first time as it continues its network expansion.The new service will operate between Mexico City International Airport and Zhengzhou Xinzheng International Airport twice per week, before increasing to three times per week in July.There are also plans to ...
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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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NewsCMA CGM to invest in AF KLM and partner on freighters
(L) Benjamin Smith, AF KLM and Rodolphe Saade, CMA CGM. Source: AF KLMCMA CGM is planning to purchase a 9% stake in Air France-KLM Group as part of a new partnership that also includes combining their freighter operations.The two firms today announced that they had signed a 10-year exclusive strategic ...
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News
Shanghai aims to end lockdown in June
Shanghai is aiming to end the Covid lockdown that has heavily affected manufacturing output on June 1.The city's deputy mayor outlined a phased approach to lifting its lockdown and restrictions on movement started to ease after March 21.The move comes as community infections reached zero for the third day, according ...
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NewsGIG Aviation to add ATR freighters as it targets e-commerce
Source: ATRNigeria-based GIG Aviation has signed up to purchase two ATR 72-500 freighters as it looks to meet growing e-commerce demand in Africa.The regional turboprops will be the company's first freighters and will assist sister company GIG Logistics as it looks to expand its network in Africa to meet the ...
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News
Cathay Pacific to add more cargo flights as restrictions ease
Cathay Pacific has welcomed the Hong Kong government's easing of crew quarantine rules and said the adjustments will allow it to expand its cargo operations.The new rules mean that vaccinated cargo crew will no longer be required to quarantine on returning flights but will be subject to a 14 day ...
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InsightsNordic air cargo market weathers turbulence
Challenges created by ongoing reduced airfreight capacity and Ukraine war constraints have seen the Nordic air cargo market continue to invest and innovate to meet new challenges, writes Damian Brett.Times have been turbulent for the Nordic air cargo market over the last couple of years.Like much of the industry, companies ...
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NewsIAG Cargo benefits from expansion of Spain-US flights
Source: IAG CargoIAG Cargo is benefiting from a 40% increase in flights between Spain to the US since March from its airline sister companies, Iberia and LEVEL.Iberia's expanded network includes regular connectivity between Madrid and Los Angeles, Boston, and Chicago, with flights to New York and Miami departing twice a ...
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News
DSV and K+N outline a complex market with higher rates to continue
Kuehne+Nagel (K+N) and DSV highlighted a complex logistics market in their recent quarterly updates, with higher freight rates to stay, softening consumer demand and ongoing supply chain disruption.K+N was the first to reveal its results, with revenues and profits continuing to surge on the back of acquisitions on higher prices ...