All DHL Global Forwarding articles – Page 3
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News
Soft market conditions continue in air cargo
Soft market conditions continue in air cargo as trade worries, high inflation and new Covid lockdowns impact demand.This week's market round-ups from forwarders and analysts point to a weakening market in terms of demand, although rate declines have eased.Flexport mentioned lockdowns being introduced in Ningbo and their potential to hit ...
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NewsDHL Global Forwarding opens new South Africa transhipment hub
Executive Mayor, Tania Campbell and Clement Blanc, DHL GF. Source: DHL GFDHL Global Forwarding has opened a new transhipment hub and head office in Johannesburg, South Africa, close to OR Tambo International Airport.The €7m facility includes offices, 10,000 sq m of warehouse space and temperature-controlled chambers.It will serve as a ...
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News
DHL reports airfreight demand low but capacity increasing
Air cargo demand remains low but capacity is increasing, according to DHL’s latest Airfreight State of the Industry report.According to the report, published this month, inflation and reduced purchasing power are among the reasons why demand is low.Although volumes “remain softened” they are stable following the peak drop seen in ...
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News
Shift back to ocean from air as rates lower and port problems ease
Over the last two years the air cargo industry has benefitted from a modal shift from ocean to air but leading forwarders have indicated that the trend started to reverse in the second quarter.CH Robinson and DHL Global Forwarding said that during the second quarter there was a shift back ...
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News
Rates predicted to stay high despite a muted air cargo peak season
Transportation rates are expected to stay above pre-pandemic levels for the foreseeable future despite the recent slowdown in demand.Seko Logistics chief growth officer Brian Bourke said that demand had slowed this year compared with 2021 and that the constant peak season experienced over the last two years has been replaced ...
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NewsDHL Global Forwarding signs up for Frankfurt Airport warehouse
Frankfurt CargoCity South. Source: FraportDHL Global Forwarding has signed up to take one of the remaining warehouse slots at Frankfurt Airport's CargoCity South development as it looks to expand charter operations.Construction will start in mid-2023 on an area of around 60,000 sq m. Once complete, the warehouse, including office spaces, ...
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News
Firms to move away from just-in-time supply chains
Companies are making a long-term move away from just-in-time (JIT) supply chains as they look to combat the disruption experienced over the last couple of years.Panellists at the Multimodal conference and exhibition in the UK said that the last few years had seen companies move away from transporting shipments to ...
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NewsTop 25 airfreight forwarders: Kuehne+Nagel takes top spot from DHL
There is no doubt that 2021 was a bumper 12 months for airfreight forwarders with revenues, profits and volumes reaching new highs, but it was also a year of change at the top as Kuehne+Nagel knocked DHL off the top spot (see full list at end of article).The latest annual ...
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NewsDHL begins work on Brisbane Airport cargo facility
DHL breaks ground on Brisbane facility. Photo: DHLDHL Global Forwarding has broken ground on a new 4,880 sq m facility at Brisbane Airport that is due to open in early 2023.A$17m is being invested over ten years for the Australian facility, which according to DHL, will house the largest international ...
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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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News
New functionality added to the myDHLi platform
DHL Global Forwarding has added new features to its customer portal that makes it easier for them to track and offset the environmental impact of their shipments.The myDHLi platform now allows users to select sustainable aviation fuel for their shipments while they will also be able to track emissions down ...
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News
DHL airfreight volumes edge up but revenues fly
DHL Global Forwarding saw its airfreight revenues jump in the first quarter of the year despite volumes increasing by a much lower amount.The forwarder's airfreight business saw revenues increase by 55.% year on year to €2.9bn. Gross profits improved by 10% to €488m but volumes were up by just 3% ...
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News
Major forwarders suspend Russia operations
The world's leading four airfreight forwarders have all announced a suspension of services covering Russia.The move comes as transport operations face disruption due to sanctions and restrictions put in place as a result of the Russian invasion of Ukraine.In a customer advisory, Kuehne+Nagel said that most carriers - across land, ...
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NewsDHL Global Forwarding gets greener
Photo: DHLDHL Global Forwarding is expanding its GoGreen Plus Service from ocean freight to include air cargo customers, who can now neutralise CO2 emissions on all trade lanes.Emissions are reduced by replacing the amount of conventional fossil fuel needed with sustainable fuel. Customers can pick and choose which parts of ...
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News
DHL and Air France KLM partner on SAF
DHL Global Forwarding and Air France KLM Martinair Cargo (AFKLMP) have teamed up on the purchase of 33m litres of sustainable aviation fuel (SAF).The partners said the three-year cooperation represents one of the most "significant SAF purchases in the freight forwarding industry".DHL has committed to covering at least 30% of ...
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NewsDHL GF roars ahead with lion transport
Source: DHL Global Forwarding. Copyright: Mike BaxterDHL Global Forwarding helped transport five lions and a tiger from Ukraine to South Africa as part of a conservation effort.The lions and tiger were transported from a private zoo in Chernivtsi and a zoo in Nikolaev in the south of Ukraine to Boryspil ...
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NewsAir Cargo News' most read stories in 2021
Last year was another busy 12 months for the air cargo industry, with COVID-19 continuing to take its toll on supply chains.Some of the challenges facing the industry were modal shift, COVID shutdowns, rising demand and ongoing capacity shortages but once again air cargo came through, playing a key role ...
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NewsNew CEO for DHL Global Forwarding Europe
Source (C): DP DHL Group/Bernd GeorgDHL Global Forwarding has appointed Tobias Schmidt chief executive of DHL Global Forwarding Europe.Schmidt succeeds Thomas George, who has successfully managed the European organization since 2016 and will focus on his chief commercial officer role.He will report to Tim Scharwath, CEO DHL Global Forwarding, Freight, ...
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News
DHL to stick with an opportunistic approach to acquisitions
Deutsche Post (DP) DHL will maintain an opportunistic approach to freight forwarding acquisitions despite the spate of takeovers recently announced by some of the company's peers.Speaking after the delivery and logistics giant last week revealed its half year results, DP DHL chief executive Frank Appel was asked whether the company ...
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News
DHL's airfreight volumes take off in Q2
DHL Global Forwarding saw its airfreight volumes improve by double-digit percentage levels in the second quarter on the back of tight capacity and improved demand.The Deutsche Post (DP) DHL-owned forwarder reported a 9% year-on-year increase in second quarter airfreight revenues to €2bn on the back of a 35.7% improvement in ...