Supply chains – Page 66
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NewsTigers provides global B2B and B2C solutions for Rapha
Shahar Ayash, TigersHong Kong-headquartered Tigers has expanded its partnership with Rapha, providing fulfilment services for the cycling sportswear brand from Tigers’ new facility in Thurrock.Those services include distribution within the UK, the European Union and Korea; other markets in Asia are to be served from Tigers’ Hong Kong warehouse.Rapha is ...
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Shoe firms urge end to US-China trade war
In response to US President Donald Trump’s recent announcement that he would increase tariffs on $200bn worth of US-bound Chinese imports from 10% to 25%, some of the world’s major footwear companies have called for the trade war to end.A letter to the president, signed by 173 shoe firms, claims: ...
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NewsWFS and Avinor terminate Oslo seafood centre deal
Oslo Seafood Centre - artist's impressionThe future of a huge new seafood centre at Oslo airport is hanging in the balance after ground handler Worldwide Flight Services (WFS) and airport operator Avinor agreed to terminate their deal for the construction and operation of the hub.The reasons for the deal ...
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US more than doubles Chinese tariff levels
The US has followed through on its threat to increase tariffs on $200bn worth of Chinese goods.Tariffs on Chinese products being imported into the US have been increased from 10% to 25% and China has threatened to retaliate.The types of products covered by the tariff increases includes: fresh food, processed ...
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NewsAdidas turns to airfreight to mitigate supply chain shortages
Sportswear giant Adidas is turning to airfreight as it looks to mitigate supply chain shortages caused by an unexpected increase in demand for certain products.In its first-quarter results, the Germany-headquartered multinational said that revenue growth during the first three months of the year was affected by product shortages.It warned investors ...
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NewsHong Kong traders cautious on US-China trade dispute but unfazed by Brexit
Source: DHL Express Hong Kong and compiled by the Hong Kong Productivity CouncilHong Kong-based traders who use airfreight remain cautious due to the ongoing US-China trade dispute but are are optimistic that the situation will be resolved in the next quarter.That was one key highlight from the latest DHL Hong ...
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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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NewsECS becomes the first GSSA to join Tiaca board
Bertrand SchmollChairman of ECS Group Bertrand Schmoll has been elected to the board of Tiaca - the first time a GSSA has been represented.Bertrand Schmoll, who joined the ECS Group in 2000, was elected at a TIACA Board meeting in Singapore last month as part of ongoing plans to grow ...
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NewsTop ten supply chain risks in 2019
A new report has outlined the top ten developments (see end of article) that pose a risk to supply chains in 2019.The DHL First Resilience360 Risk Report, which is based on the insights of in-house analysts at the logistics giant, suggests that supply chain restructuring due to trade wars, material ...
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NewsAsian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...
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NewsAustralia needs dedicated airfreight body, says think tank
A think tank has called on the Australian government to set up a dedicated body to measure and publish detailed analysis of the country’s airfreight sector. The move follows the release of a report by executive member network Infrastructure Partnerships Australia (IPA) and BIS Oxford Economics, which indicates that belly ...
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No Deal Brexit will push logistics cost up between 5%-35%, warn shippers
Slipping to a No Deal Brexit, and reverting to complicated WTO rules and tariffs, would impose additional costs of between 5% and 35% on the UK's supply chain, warn representatives of the UK's leading logistics organisations.Shippers and hauliers as well as the industry's trade association FTA, which represents more than ...
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NewsAll the latest news from IATA's World Cargo Symposium 2019
As the global airfreight industry gathers in Singapore for IATA’s World Cargo Symposium 2019 (WCS19), the Air Cargo News editorial team of Damian Brett and Roger Hailey will be there to report from the must-attend event.Our refreshed, more user-friendly website, will have the latest news and analysis over the three ...
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NewsUK truckers set for temporary EU permit-free access in a no deal Brexit
Some relief for hauliers in EU contingency, says FTAUK hauliers may be able to maintain operations in the European Union (EU) without permits for certain services over a nine month period in the event of a no deal Brexit.A provisional agreement between the European Parliament and Member States to allow ...
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Seko launches new e-commerce returns service
SEKO Logistics has launched a new returns service for retailers, etailers and consumers that allows customers to have greater visibility of the logistics operation.The logistics firm said that its new OmniReturns service combines its logistics operation and digital platform.The service offers visibility from label creation to stock re-entering the warehouse, ...
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Liverpool and Leipzig in automotive alliance for a no-deal Brexit
Liverpool and Leipzig will join air cargo capabilities to maintain automotive supply chains in the case of a no deal Brexit when the UK leaves the European Union at the end of March.Wynne Aviation, based at Liverpool John Lennon Airport, and Germany’s Leipzig Airport, along with Airport Park Leipzig Halle, ...
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DPDHL and SF Holding complete €700m supply chain tie-up in China
Deutsche Post DHL (DPDHL) has concluded a deal to transfer its supply chain operations in China to SF Holding in a ten-year strategic partnership to grow the business in China.As part of this deal, which was first announced at the end of October last year, DP DHL will receive an ...
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Saudia Cargo to team up with new box port on air-sea solution
Saudi Airlines Cargo has signed an agreement with the recently opened King Abdullah Port to help establish logistics operations between the sea gateway and King Abdulaziz International Airport.The agreement, which comes shortly after inaugurating King Abdullah Port, will establish a cargo corridor between the port and King Abdulaziz International Airport ...
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DHL Express hires 300 customs agents as it braces for Brexit
DHL Express has hired an extra 300 customs agents in order to minimise the impact of Brexit.Speaking at the unveiling of its biennial Global Connectedness Index (GCI) report, DHL Express chief executive John Pearson said that the company had been hiring “50 customs agents a week” across Europe as it ...
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Global connections continue to grow
The world continues to grow increasingly connected despite rising anti-globalisation sentiment.The fifth edition of the DHL Global Connectedness Index (2018) shows that flows of trade, capital, information and people across national borders all increased significantly for the first time since 2007.The report, which was completed by the New York University ...