All Freight Forwarder articles – Page 87
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News
Ocean rate platform Xeneta targets air cargo
Ocean freight platform Xeneta is moving into air cargo with a rates benchmarking service, planning a full launch in the 2018 second quarter.The Norwegian data company has announced its intention to bring “fresh levels of transparency to the volatile airfreight market”.Xeneta for airfreight will soon be available to selected beta ...
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Panalpina creates supply chain solutions entity
Freight forwarder Panalpina has created a new supply chain solutions entity that will aim to create more efficient end-to-end transport operations for customers.The supply chain solutions business will be led by Hans Elmegaard in the role of global head of Supply Chain Solutions, reporting to Karl Weyeneth, chief commercial officer, ...
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DHL achieves CEIV certification at six US stations
DHL Global Forwarding has achieved CEIV certification at six of its airfreight stations.DHL began the certification process of its global stations according to the IATA CEIV Pharma Standard in the third quarter of 2016.Following independent audits by third parties and training courses for employees on site, stations in Chicago (the ...
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Lack of airfreight space drives up "sky high" rates
Freight forwarders are continuing to report a lack of cargo space and "sky high rates", while claiming that some shippers are turning to ocean transport to avoid delays.According to the latest Freightos International Freight Index, the rush in demand for airfreight capacity has not abated, and shippers are turning to ...
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Flexport signs up for CHAMP’s Traxon CargoHUB
Flexport, the San Francisco-based freight forwarder that also offers a web-based app to provide customers with real-time visibility of their shipments’ progress, has integrated its systems with the CHAMP messaging platform Traxon cargoHUB, as well as with the latter’s Premium Tracking service.As part of that process of switch-over, it has ...
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BIFA welcomes latest movement on Brexit discussions
Earlier today (8 December), it was confirmed that what appeared to be real progress on Brexit negotiations had been reached in ongoing talks between the EU and the British Government.Britain has agreed to pay up to £39bn in what has been described as its “divorce bill”, while compromise was reached ...
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Panalpina looks back on ‘exceptional year’ for airfreight
Basel, Switzerland-headquartered supply chain services provider Panalpina has described 2017 as having been “an exceptional year for air freight”.The market has, it said, “developed a new dynamic characterised by tight transport capacity and sustained high freight rates”.A statement continued: “Summer was anything but the usual calm and Panalpina’s early prediction ...
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Freight marketplace to include multimodal carbon calculator
The Freightos online marketplace is offering free tools to allow users to select the greenest mode of transport.It incorporates the calculations into freight quote options, for example showing that a 200kg consignment from Shanghai to London will produce 1.1 tonnes of CO2 by air but only 0.02 tonnes (20kg) of ...
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Success is in the air for Europa Worldwide
UK forwarder Europa Worldwide’s airfreight division has had its most successful year to date with a 68% increase in profits.Air consignment volumes have doubled in 2017, compared to the same period last year, and the division’s targets for the whole year were reached in just nine months, said the company.The ...
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News
Simarco buys two more freight firms
UK forwarder Simarco International has bought out fellow UK firms Formula Goss International (FGI) and Sutch and Searle.The latter specialises in airfreight at its headquarters at Heathrow Airport. FGI operates air, sea and road routes - including daily services to Italy and Gibraltar - out of offices at Bedford.Simarco founder ...
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Honours across the board for Hactl and Kerry Logistics
Kerry Logistics and Hactl management have been recognised by the Hong Kong Institute of Directors.Kerry Logistics' board of directors and group managing director William Ma have been selected as winners in the Boards and the Executive Directors categories, respectively, in the listed companies (Hang Seng).The judges commended the Kerry Logistics ...
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Airfreight crisis could lead to car industry breakdown
Rising prices and a critical shortfall of air cargo space could threaten vehicle production, according to emergency logistics specialist, Evolution Time Critical (ETC).Problems in booking airfreight, particularly hit Europe to North American routes, along with issues on the Asia to North America and Europe trade lanes, all point to “a ...
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Bolloré and Oro deliver B2B e-commerce solution
France-headquartered Bolloré Logistics and Californian software company Oro Inc have joined forces to launch an order-to-delivery B2B e-commerce platform aimed at retailers and their customer companies.With B2B e-commerce activity predicted to be worth US$6.7tn by 2020, Bolloré said the joint service “harnesses the considerable success of direct digital sales to ...
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Dimerco expands Europe footprint
Taiwan’s Dimerco Express Group has opened a new office in Venlo – its third in the Netherlands after Amsterdam and Rotterdam) – as it continues to expand its European network.The global logistics and transportation company saw growth of 30% year on year in the 2016-2017 period. Its new office will ...
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Forwarder MNX expands healthcare presence with Logical acquisition
MNX Global Logistics has acquired Australian forwarder Logical Freight Solutions (LFS) as it looks to expand its international healthcare supply chain offering.Melbourne-based LFS serves the healthcare industry, including life science, ag-bio, diagnostics, therapeutics, proteomics, medical devices, microbiology, genomics, chemicals, radiopharmaceuticals, instruments, spare parts and all consumables for these industries.US-headquarterd MNX ...
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time:matters targets high-tech sector with international expansion
Time critical logistics firm time:matters is expanding internationally with the opening of its first air station outside of Europe.The Lufthansa-owned company has revealed that it will open a new station in Tel Aviv to cater for high-tech/semicon, medical electronics, agricultural technology and telecommunications demand around the city.From the new station, ...
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Panalpina’s COO Andy Weber to leave at the end of 2017
Panalpina's chief operating officer (COO), Andy Weber, will leave the company at the end of the year. The COO position will not be replaced.Weber, a member of the Switzerland-based logistics operator's executive board, joined the company in 2015.In a statement, Panalpina said that Weber has successfully led many turnaround projects ...
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Flexport the latest forwarder to secure airfreight space over capacity concerns
Flexport has become the latest freight forwarder to charter aircraft capacity for the peak season in order to avoid capacity shortages.The US forwarder revealed that it will charter a Boeing 747-400F aircraft from Atlas Air Worldwide for use on the transpacific tradelane. The first flight will from Hong Kong on ...
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UK forwarders concerned over post-Brexit customs plan
The British International Freight Association (BIFA) says that the House of Commons Public Accounts Committee is right to have concerns over the government and HMRC’s plans for customs procedures post-Brexit.Commenting after the publication of a report by the Committee, the trade association for UK freight forwarders agrees that more needs ...
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CEVA remains in the red despite airfreight demand growth
Freight forwarder CEVA remained in the red during the third quarter of the year despite increases in revenues and airfreight volumes.The forwarder, which has been subject to takeover rumours this year, saw third-quarter revenues increase by 6.1% year on year to reach $1.8bn and adjusted earnings before interest, tax, depreciation ...