All Freight Forwarder articles – Page 67
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News
Rhenus' carbon calculator allows airfreight shippers to fly greener
Rhenus Logistics Air and Ocean has launched a free-of-charge airfreight carbon dioxide (CO2) reduction programme which allows shippers to choose ‘greener’ aircraft for air cargo shipments.The German forwarder’s worldwide RHEGREEN system calculates rankings for airlines by considering the aircraft types, fuel efficiency and the distances involved.It is based on which ...
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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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Digitalisation does not mean a race to the bottom on pricing
Lars JensenDigitalisation will not result in a race to the bottom on pricing for forwarders, according to SeaIntelligence Consulting founder Lars Jensen.Speaking at the annual general meeting (AGM) of forwarder association The WACO System, Jensen warned that forwarders need to embrace digitalisation or get left behind.“Digitalisation is something that should ...
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Panalpina board proposes no dividend and new chairman
Thomas Kern, chair of Panalpina's independent board of directorsPanalpina’s board of directors has proposed to elect Thomas Kern as chairman of the board at the upcoming annual general meeting (AGM), to be held on May 9. Meanwhile, the board has also proposed that no dividend be paid out to shareholders ...
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B&H launches new customer care programme
B&H Worldwide customer care manager Megan LawsAerospace logistics firm B&H Worldwide has appointed Megan Laws to the newly create role of customer care manager to head up its global CustomerFirst! programme.Laws joins from the procurement technology sector where she was head of customer experience. In her new role at B&H ...
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UK forwarders given guidance on trade in endangered species in a no-deal Brexit
UK freight forwarders have received additional guidance on the regulations concerning the trade in endangered species.Robert Keen, director general of BIFA, the trade association that represents the UK’s freight forwarding sector, said: “One of the consequences of Brexit will be that freight forwarders and customs agents will become involved in ...
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Tigers roars into Thurrock as it stalks e-commerce demand
Tigers' Thurrock facilityLogistics firm Tigers has opened a new facility in Thurrock, near London Gateway, to continue with long-term UK investment plans and to meet growing e-commerce demand.Tigers has moved its existing Basildon facility to the larger location in Thurrock with the creation of more than 50 jobs, which will ...
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CEVA's China-Europe trucking service expanded to Spain
CEVA Logistics has expanded its China-Europe trucking service, which the forwarder has pitched as a competitor to air, with a new route to Spain.Just 16 days after setting off, the 70 cu m load of 7,000 kg of garments destined for a leading worldwide retailer in Spain successfully completed the ...
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DB Schenker strikes up e-commerce partnership
Logistics firm DB Schenker will begin offering its services through e-commerce sales service provider ChannelAdvisor Corporation after the two firms signed a partnership.The deal will allow DB Schenker’s customers to connect with over one hundred selling channels supported by ChannelAdvisor, while the e-commerce platform's customers will get access to DB ...
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Gretton joins Baxter Freight as finance director
Nick GrettonNick Gretton has joined UK-based Baxter Freight as finance director in line with its growth plans.Nottingham-headquartered Baxter Freight – which has recently achieved an all-time turnover of more than £50m - is celebrating its fifth anniversary of trading this year.Gretton is a chartered accountant with many years’ experience as ...
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DSV Panalpina: Focus on higher margins and growth rather than slimming down on jobs
DSV intends to lift the profit margin of $4.6bn take-over target Panalpina after the two global freight forwarders have combined their businesses into a $17bn turnover company.DSV boss Jens Bjørn Andersen indicated that the regulatory process in the all-share transaction should take around six months to complete, and that he ...
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DSV boss "happy, proud and humble" to merge with Panalpina
DSV boss Jens Bjørn Andersen said that the proposed $4.6bn merger with Panalpina is expected to complete in around six months.Andersen, chief executive of Denmark-based DSV, made his comments during an investor call this morning on the “combination of forces” with Switzerland-headquartered Panalpina.The merger, still subject to shareholder and regulatory ...
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Breaking news: Panalpina and DSV set to merge in $4.6bn deal
DSV and Panalpina have agreed the terms and conditions of a combination to join forces with a Public Exchange Offer to all Panalpina shareholders.If the DSV offer of SFr195.8 for each Panalpina share is successful, a deal worth around $4.6bn, DSV and Panalpina will become one of the world’s largest ...
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SEKO to serve as Peli network station in Dublin
Peli BioThermal ULDs at SEKO's Dublin facilitySEKO Logistics’ new operation in Ireland has won a three-year contract to serve as Peli BioThermal's network station and service centre in Dublin.The Master Services Agreement will see SEKO Logistics’ team service, refurbish, repair and condition Peli BioThermal’s Crēdo on Demand pharma ULDs, used ...
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Kerry Logistics warns of ongoing supply chain disruption caused by China-US rivalry
On announcing its 2018 results, Hong Kong-headquartered freight forwarder Kerry Logistics warned it is expecting supply chains to continue to be affected by the ongoing trade rivalry between China and the US.The company said it saw revenues increase by 24% year on year to HK$38.1bn in 2018 on the back ...
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FIATA issues best practice guide to fight cybercrime
Picture: FIATAThe International Federation of Freight Forwarders Associations (FIATA) has released its “Best Practice Guide on Prevention of Cybercrime” for its members and the industry at large.Said a FIATA spokesperson: “Cybercrime continues to manifest its impact on international logistics and supply chain management systems.”It has issued the practice guide “in ...
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Tigers teams up with Doozee for instant freight rate quotes
Logistics firm Tigers is the launch customer for an instant freight rate quote engine developed by US-based tech start-up Doozee.The new tool will be available to Tigers’ international agent network and will be hosted on the Tigers SmartHub:Connect portal following the release of future versions of Doozee.Doozee will then allow ...
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BIFA welcomes UK Customs' decision to extend Transitional Simplified Procedures
The British International Freight Association (BIFA) has welcomed UK Customs’ (HMRC ) decision to extend the declaration and import payments for its Transitional Simplified Procedures (TSP) in the event of a no deal Brexit.The extension to October 4 provides more time to make the necessary preparations, fully test the systems, ...
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Rhenus acquires World Net Logistics in South Africa
Germany’s Rhenus Group has continued its 2019 takeover spree by acquiring Johannesburg-headquartered freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of WNL is still subject to approval by the relevant cartel authorities.In January this year, Rhenus acquired Italian Logistics company Cesped and only last week announced that it ...
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Carousel Logistics expands with BDA acquisition
Carousel Logistics has purchased BDA Logistics Innovation (BDA), a move that increases its overnight airfreight operation between the UK and Europe.Carousel said the acquisition of the time-critical aftermarket logistics specialist strengthens its position across Europe, with turboprop airfreight services covering the Netherlands, Ireland and the UK.This is Carousel’s third acquisition ...