All Freight Forwarder articles – Page 108
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News
Logwin adds new German office
Logistics firm Logwin has continued to expand its German operations with the opening of a new office in Mannheim, providing air and ocean forwarding services.Head of Logwin Air + Ocean Deutschland Stefan Schwind said it had decided to open the new office to be close to its air and ocean ...
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Toll records revenue and operating income declines
Freight forwarder Toll has seen revenues and operating profits decline since its takeover by Japan Post last year.The Japan Post Group, which is reportedly interested in the purchase of DHL Global Forwarding, released its results for the nine month period until the end of December.Its international logistics business, which is ...
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NewsMarket Talk: Deutsche Post considers future for DHL Global Forwarding, says Reuters
DHL Global Forwarding may be sold or spun off by German parent group Deutsche Post, with Japan Post Holdings a possible buyer, claims news agency Reuters, citing "two people familiar with the matter".Deutsche Post and Japan Post, which owns top-20 forwarder Toll Global Forwarding, both declined to comment.According to Reuters, ...
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World's largest airfreight forwarders lose marketshare in 2015
The world’s largest airfreight forwarders lost airfreight marketshare on their smaller rivals last year, but the top-ten players remained unchanged.Figures from analyst WorldACD show that the world’s top-20 forwarders saw their airfreight marketshare, based on dollar revenues, decline from 44.5% to 43%, while volume share was down from 43% to ...
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NewsDSV sees airfreight demand grow ahead of market while profits soar
The first of the major European freight forwarders has reported its 2015 full-year results, with DSV recording ahead of market airfreight growth and increases in profits and revenues.The Danish forwarder, which in January received final regulatory clearence for the takeover of UTi, recorded a total revenue increase of 4.7% year ...
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Damco back in profit for 2015
Damco, the freight forwarding arm of Danish maritime giant AP Moller-Maersk (APM), moved from an underlying $225m loss in 2014 to an underlying $15m profit in 2015 as its airfreight volumes fell by 4%.“Productivity improvements, overhead cost reductions and growth in supply chain management activities were the primary drivers behind ...
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News
TPP trade deal signing welcomed by UPS
UPS has welcomed the eventual signing of the Trans-Pacific Partnership (TPP) free trade agreement but commentators have warned that there are years of negotiations ahead.Earlier today 12 nations - Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam – signed up to the TPP ...
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News
Panalpina launches research into 3D printing and the supply chain
Logistics giant Panalpina and Cardiff Business School at Cardiff University are expanding their research partnership to include new manufacturing technologies such as 3D printing.The aim is to help Panalpina’s customers identify the right products that could be switched from traditional to new, ‘additive manufacturing’ techniques which include 3D printing.The use ...
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News
CEVA serves an ACE in the US with new Customs system link
CEVA Logistics has completed the implementation of a new Customs brokerage system across its US operation.A mandate from US Customs required all forwarders to file their entries using ACE (Automated Commercial Environment) by the end of February 2016. At that time, ACE becomes the primary system through which the trade ...
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News
SEKO Logistics wins environmental approval
SEKO Logistics has received approval for its latest data update with the SmartWay Transportation Partnership.The Partnership, a collaboration between the US Environmental Protection Agency (EPA) and industry, provides a framework to assess the environmental and energy efficiency of goods moving in supply chains.SEKO chief operating officer US Rick Lee said: ...
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News
CH Robinson adds new LA cargo screening facility
CH Robinson has opened a new US Transportation Security Administration (TSA) certified cargo screening facility in Los Angeles as it looks to reduce reliance on third-party service providers.The new in-house screening facility includes approximately 1,850sq m of warehouse space, state of the art screening machines, and a dedicated airfreight team ...
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News
Air cargo industry set to benefit from easing of Iranian sanctions
The logistics industry stands to benefit from the removal of Iranian sanctions but uncertainties remain “substantial”, according to one logistics consultant.In a research note, Transport Intelligence practice leader Thomas Cullen said that the removal of certain aspects of the Iranian sanction regime had “triggered a flood of business, much of ...
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News
WACO System launches vendor membership
Global freight management network The WACO System has created a new associate vendor membership level, with Chapman Freeborn and Cargoguide as the first two members in that category.The new membership is open to suppliers providing “critical services” to The WACO System’s independent forwarder members.Richard Charles, executive director, The WACO System, ...
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News
DSV clears final regulatory hurdle in $1.35bn takeover of UTi
South Africa's antitrust authority has given its approval for DSV's $1.35bn takeover of UTi, the last country regulator to do so, clearing the way for the transaction to close later this week.Shareholders at US logistics player UTi have already voted in favour of the offer from the Danish forwarder, a ...
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News
John Good Shipping expands into airfreight
One of the UK’s oldest shipping agents and freight forwarders, John Good Shipping, has opened an airfreight division as it looks to expand in the sector.The company said that John Good Air would allow it to offer a complete logistics package; sea, road and air.The new airfreight division will be ...
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NewsVIDEO: Logistics industry says India shows greatest growth potential
India has overtaken China as the emerging economy to show the most growth potential, according to a survey of logistics professionals.The 7th annual Emerging Markets Logistics Index from logistics firm Agility and analyst Transport Intelligence shows that supply chain executives expect an uptick in emerging markets growth in 2016, despite ...
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K+N relocates to Heathrow site
Freight forwarder Kuehne+Nagel has relocated its main air cargo operations in the UK to its new Heathrow South Cargo Centre.The new dedicated airfreight hub is adjacent to the Heathrow cargo area and has security certifications including those from the Transported Asset Protection Association and IATA’s Regulated Agent programme.The warehouse, which ...
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News
The only way is ethics, but 46% of UK SMEs don't agree
Just under half of UK small and medium sized (SME) companies in the transport sector said that they do not have an ethics policy.The Close Brothers Business Barometer said that that 46% of those polled for a survey did not have an code of ethics “because it’s something they feel ...
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UTi shareholders vote yes for $1.35bn takeover offer from DSV
Shareholders in US logistics player UTi have voted “overwhelmingly” to approve a $1.35bn takeover bid by DSV of Denmark, a deal that will create the world’s eighth largest airfreight forwarder.DSV said that closing of the transaction is subject to the “relevant regulatory approval being obtained from competition authorities in South ...
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News
K+N bags GSK pharma contract
Kuehne+Nagel has signed a five year pharma logistics contract with global healthcare company GSK.The Switzerland-based supply chain giant will operate an “end-to-end global logistics partnership” for GSK until 2021, running the core business of transporting products from the raw materials supplier to trade customers.Said K+N: “With numerous suppliers, a large ...