All Freight Forwarder articles – Page 43
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NewsOngoing US ocean delays to keep air charter operations busy
Delays to container shipping supply chains in the US, which are resulting in increased air cargo charter flights, could continue into the summer, according to Tom Pelliccio, executive vice president international at freight forwarder Pilot Freight Services (PFS).Pelliccio said that ocean shipping services are currently facing delays of around five ...
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Top air forwarders expect continued capacity constraints for 2021
The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the rest of the year.Speaking to analysts following the announcement of K+N's 2020 financial figures, the forwarder's chief executive Detlef Trefzger was asked whether he expected airfreight rates to collapse this ...
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NewsHellmann appoints new chief of commercial
Patrick Oestreich, HellmannHellmann Worldwide Logistics has appointed Patrick Oestreich as its chief commercial officer (CCO), succeeding Jens Möller who took over the position on an interim basis in August of last year.As CCO and member of the executive board, Oestreich will be responsible for the global sales leadership team, which ...
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NewsAir cargo and e-commerce help DP DHL to record earnings
Air cargo and e-commerce were two of the star performers at Deutsche Post (DP) DHL last year as operating profits reached record levels.The German parcels and logistics giant last year saw revenues increase by 5.5% year on year to €66.8bn, earnings before interest and tax (ebit) were up 17.4% to ...
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Shippers urged to get creative to combat space shortages
Shippers have been urged to get creative as capacity shortages and high rates in air cargo and other modes are expected to continue.In the latest Baltic Exchange airfreight rate newsletter, Bruce Chan, vice president of global logistics at investment bank Stifel, said that over the next few months capacity could ...
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African air cargo market set to benefit from forwarder investments
It is hoped that recent investments by large forwarders in Africa will lead to infrastructure improvements.In January this year, DHL expanded its capabilities in South Africa by investing in new 10,000 m sq warehouse with pharma facilities near Johannesburg Airport.Also in January, CEVA Logistics acquired Moroccan freight forwarder ASTI Group.In ...
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Cargo wholesalers team up on Europe-Australia service
Europe-based Wholesale by Vels and Australian firm Consol Alliance have entered into a strategic partnership to develop air cargo business on the Europe-Australia route.Initially, the new alliance will operate weekly, trade-only unitised airfreight consolidations from Amsterdam Schiphol to major Australian airports.The service frequency is expected to increase over the coming ...
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NewsAir cargo boosts K+N in 2020
Kuehne+Nagel's (K+N) airfreight business registered improvements in profits and revenues last year, while the overall business reported declines.K+N said that 2020 was characterised by a weak first and a strong second semester.The forwarder's airfreight business saw revenues for the year increase by 11.6% year on year to SFr5.2bn, gross profits ...
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DB Schenker commences India air cargo charter service
DB Schenker has commenced its India air cargo charter service, which is part of its Global Flight Operations Program launched to bridge the capacity gap.Boeing 747 freighters will be used for the service to transport cargo between India, Europe and the US (Munich—Chennai—Chicago RFD).Cargo carried on the flights will include ...
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NewsCEVA relocates Thailand head office to Bangkok
CEVA Logistics has relocated its Thailand head office to Bangkok, as it continues to expand in Asia.The announcement follows CEVA moving its Thailand airfreight team to a new office at Suvarnabhumi Airport.The company's Thailand head office is now located in a 28-story building close to the city’s two airports and ...
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K+N transports Sinovac Covid vaccines from China to Dominican Republic
Kuehne+Nagel (K+N) has transported Covid-19 vaccines, manufactured by Chinese pharma firm Sinovac Biotech, from Beijing, China to the Santo Domingo, Dominican Republic.The forwarding giant monitored the shipment — containing 768,000 vials of the vaccine — as it moved across its pharma network, to ensure that it was "compliant with the ...
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NewsU-freight ready for stricter Hong Kong screening requirements
Hong Kong-based U-Freight has said it is prepared for the tightening of cargo screening regulations in March.From next month, all air cargo consignors in Hong Kong will need to be a validated known consignor, or 100% of their cargo will be subject to screening before being loaded on an aircraft.Over ...
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NewsGeodis appoints sales and marketing director Europe
Geodis has appointed Robert Mianowski into its North, East & Central Europe (NECE) global sales and marketing team.In his new role, based in Frankfurt, he will be responsible for Geodis' NECE development, as well as the implementation of its sales and marketing strategy.Over the last 25 years, Mianowski has worked ...
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NewsCEVA wins Airbus logistics contract
A320 hangar - credit AirbusCEVA Logistics has been awarded a contract to manage production supply for Airbus at the aircraft manufacturer's assembly site in Hamburg, Germany.The forwarder will be responsible for production supply for the A320 family structural assembly and the equipping of fuselage sections as well as the manufacturing ...
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NewsDachser ramps up capacity on Frankfurt-Chicago route
Dachser USA has added an extra weekly flight on its Frankfurt-Chicago route in response to market demand.The logistics provider initially launched the weekly Frankfurt-Chicago-Frankfurt air cargo service in July last year, as demand for pandemic-related supplies, such as PPE, increased.The additional weekly flight between Frankfurt and Chicago will be operated ...
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Air Cargo News Awards open for entry!
The time has come… entries are now open for the 37th edition of the Air Cargo News Awards, the Oscars of the airfreight industry.The awards honour and celebrate those companies that have invested in providing great customer service, operational excellence and innovative technologies.The award categories are as follows:Air Cargo Pharma ...
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NewsApex acquisition set to make K+N the leading airfreight forwarder
Kuehne+Nagel (K+N) has entered into a binding agreement to acquire Apex International Corporation as it looks to expand its presence in Asia.Terms of the deal were not disclosed, but Reuters quotes people familiar with the matter as stating that the transaction is valued at around $1.5bn-$2bn.The deal is the largest ...
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NewsWorldACD: Air cargo demand on the up in January
Air cargo demand in January matched the performance of a year ago — the first month since the start of the pandemic not showing a year-on-year decline.Figures from WorldACD show that while demand was flat compared with a year ago, airfreight rates increased by around 75% year on year, although ...
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NewsGerman airfreight market registers 22% decline in 2020
Last year, in the wake of the coronavirus pandemic, global airfreight traffic fell by 10.6% year on year, according to IATA; this is the biggest decline since records began in 1990.But how did the year go for market participants in Germany? How did the top 10 airfreight forwarders and airlines ...
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NewsNew regional MDs at Dachser Air and Sea
Dachser Air and Sea Logistics has appointed two new regional managing directors.Tobias Burger has been appointed as managing director of its Europe, Middle East and Africa (EMEA) business, while Ralph Riehl will occupy the same position in the Americas.Burger is currently responsible for the strategic development of the forwarder's air ...