All Freight Forwarder articles – Page 48
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News
GEFCO hit by cyber attack
Freight forwarder GEFCO has confirmed that it came under an external cyberattack last Sunday “designed to disrupt our business” but that its air business has not been affected.Few details have been released by the France-based logistics company about the attack although Luc Nadal, GEFCO chief executive and chairman of the ...
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News
More forwarders expand airfreight operations as capacity outlook remains uncertain
Geodis and DSV are the latest freight forwarders to secure air cargo capacity as they note an uncertain supply outlook.Geodis said that as a result of a short supply of both freighter and passenger bellyhold space, it had taken the decision to announce a permanent weekly freighter charter operation on ...
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NewsDB Schenker adds charter flights while high-tech firms turn to airfreight
DB Schenker has expanded its air charter operation as it responds to a tightening of capacity.The German freight forwarder said that its new "global flight operations programme" will connect Beijing, Shanghai, Zhengzhou and Hong Kong to Chicago and Frankfurt ten times a week with exclusive full charter flights."While scheduled air ...
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NewsCarousel Logistics co-founder and CEO hands over the reins
Carousel Logistics co-founder and chief executive Graham Martin has announced that he will be handing over the reins of the company and moving to a non-executive director position on the firm's strategic board.Former Cardtronics International and WLT Europe chief executive Jonathan Simpson-Dent joins Carousel in September and will take over ...
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Forwarder a. hartrodt to roll out CargoWise platform
Freight forwarder a. hartrodt will roll out the CargoWise platform across its network of more than 100 locations and more than 2,000 logistics team members.The CargoWise system will be implemented to support freight forwarding, customs, warehousing and order management operations. The global rollout in Asia, South and North America, Oceania ...
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News
CCS-UK trials IATA One Record technology
London Heathrow Airport’s air cargo community has ompleted its first trial of IATA’s ONE Record technologies, which aim to replace the legacy Cargo-Imp and XML standards.US application development and data management specialist Nexshore built a ONE Record server based in the UK, to control the storage and transmission of the ...
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NewsDHL launches airfreight charter covering three continents
DHL Global Forwarding (GF) has introduced an airfreight charter service, which connects Asia Pacific to Europe and the US.Managed by StarBroker, DHL GF’s in-house charter team, the twice-weekly charter originates from Chongqing and flies to Amsterdam, Chicago and Incheon before returning to China.DHL GF said the service was launched in ...
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News
Airforwarders Association: Is the forwarding industry ready for a Covid-19 vaccine?
In the second article of a new column series from the Airforwarders Association, executive director Brandon Fried outlines outlines how the forwarding industry can get ready for widespread distribution of Covid-19 vaccines in the future. Throughout history the symbolic white horse has been an indication of hope, prosperity and good ...
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News
CEVA expands in Latin America with new offices
Freight forwarder CEVA Logistics has opened its own offices in Ecuador and Uruguay as part of a "strategic expansion".The company said that is has been established for many years in both countries through network partnerships and decided to open its own offices in each location to offer customers a "full ...
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NewsGROUP7 audited to GDP standards
The GDP team of GROUP7 from left to right: Jasmin Jahres, Radoslaw Kowalczyk, Fabian Lechner, Michael Wehner, Thomas WiederspahnLogistics firm GROUP7's pharma services have been audited to GDP levels on the back of customer demand.The company said that German testing company DEKRA certified the company's international transport, logistics and e-commerce ...
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NewsForwarder groups from Hong Kong and China team up
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) and the China International Freight Forwarders Association (CIFA) have signed a Memorandum of Understanding (MOU) that will see them work more closely.The partners said that they would cooperate on a range of issues, increasing commercial opportunities for its respective members ...
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News
Airfreight rates on the up in August
Air cargo rates on some of the world’s busiest routes began to pick up again in August while the outlook remains uncertain.The latest figures from Tac Index show that prices on services from Hong Kong to both North America and Europe increased in August compared with both a month earlier ...
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NewsDigital forwarder Beacon sheds light on its finance USP
Fraser Robinson, BeaconIn June this year, UK-based digital freight forwarder Beacon made logistics headlines when it secured $15m in its Series A fundraising round, from investors including, and most notably, Jeff Bezos, the founder and chief executive of Amazon.Beacon’s other high-profile investors included Uber founders Travis Kalanick and Garrett Camp, ...
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News
Damco brand to be axed as part of re-organisation
Damco parent AP Moller Maersk has announced that it will integrate the forwarder into its own logistics business.The shipping giant said that as a result, the Damco brand will disappear from the market by the end of 2020.The move will see Damco's air and less than container load (LCL) offering ...
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News
Q7 Air Cargo invests in perishables specialist Airflo
Dubai-based logistics firm Q7 Air Cargo is to acquire an interest in the Dutch holding company of perishable forwarder Airflo from the Dutch Flower Group.Q7 Air Cargo and its sister company, Tiger Freight, are long term operators in the African perishable logistics industry and their participation in the Airflo businesses ...
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NewsDAMCO's Beirut team back online after offices damaged in Beirut blast
DAMCO’s Beirut-based team has restarted operations following this month’s devastating blast at the Port of Beirut, which badly damaged its offices.The forwarder said that it was able to get back up and running within 24 hours of the disaster by relocating all office functions to its warehouse facility in Dekwaneh, ...
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NewsDachser US expands airfreight capacity with Chicago-Frankfurt route
Dachser's US division has launched a weekly airfreight service between the North America and Europe, in response to growing demand.The service, which commenced on July 26, operates on rotation between Chicago, US, and Frankfurt, Germany.Dachser's road transport network provides links to other destinations in Germany, as well as Austria, Belgium, ...
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NewsForwarder Davies Turner notes move from airfreight to rail
Railhead in ChinaFreight forwarder Davies Turner has seen an increase in the number of customers using rail as an alternative to air on China-Europe shipments.The UK-headquartered company said that rising airfreight rates caused by a Covid-19-related capacity crunch has pushed shippers to look to alternative modes of transport.As a result, ...
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Mixed performance for Agility in H1
Agility saw its profits dive in the first half, although its airfreight business performed well.The company saw its revenues for the first half decrease by 1.3% year on year KD765.1m, earnings before interest, tax and depreciation (ebitda) was down 20.1% to KD75.8m and net profits slipped by 61.3% to KD16.2m.The ...
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NewsDHL the latest to report rapid airfreight revenue growth
Deutsche Post (DP) DHL is the latest company to report soaring airfreight revenues as a result of the capacity crunch experienced in the second quarter of the year.The German express and parcels giant saw second-quarter revenues from its airfreight forwarding business increase by 57% year on year to €1.8bn, gross ...