All Freight Forwarder articles – Page 98
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News
Forwarder ensures happy landing for Emirates
Freight forwarder and Project Cargo Network member for the UAE, Lintas Freight recently moved 13.3 tonnes of aircraft landing gears by air to the UK for Emirates Engineering.After negotiating competitive rates with the freighter airline, Lintas arranged space on the next available flights to London Heathrow Airport. It also arranged ...
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Carriers see Europe-Asia demand surge as box lines feel a capacity pinch
A surge in airfreight demand on the Europe-Asia trade has seen IAG Cargo suggest that a capacity crunch in ocean shipping is forcing shippers and forwarders to switch transport modes.IAG Cargo said that it had seen a boom in demand on key routes from Europe into Asia over the first ...
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Time:matters adds digital platform for on-board courier service
Time:matters has added a new digital platform for customers using its on-board courier service offering instant quotes.The Lufthansa-owned time-critical logistics specialist's new platform allows customers to input their shipment details and receive a complete quote in less than a minute, which can then be used to make an immediate online ...
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Kerry set for CIS forwarding acquisition as it offloads HK airfreight terminal
Kerry Logistics increased its profits and revenues last year and has also revealed plans to offload a stake in a Hong Kong cargo terminal subsidiary, to invest in the CIS states and to grow its e-commerce business.In a stock exchange filing, the Hong Kong-headquartered logistics firm revealed that subsidiary Torres ...
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Focus: Miami targets sea-air
A 10-ton consignment of snow peas on board a vessel from Guatemala saw the launch of a pilot programme to develop sea-air traffic from Latin America to destinations across the Atlantic as well as in Asia.The Crowley Maritime ship sailed on January 26 on a course for Miami International Airport ...
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Agility invests S$25.5m in Singapore warehouse
Logistics firm Agility has acquired a two-storey warehouse close to Changi International Airport, giving it more than 600,000 sq ft of warehouse space in total in Singapore.The newly acquired 177,000 sq ft warehouse cost S$25.5m and is located in an area with access to "an array of logistics services" and ...
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Panalpina’s airfreight business on the up
Panalpina’s 2016 management report has taken a look back at last year and the global supply chain services provider’s performance over the 12 months.The company noted that the global airfreight market grew by between 1 and 2% in 2016, while capacity outpaced demand by more than 5%.This created a “continuous ...
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Dachser grows its footprint at Singapore Changi
Dachser Singapore has expanded its office at Singapore’s Changi International Airport in order to cope with what it says is its “growing business” handled from the island.Another floor was added to the Dachser office, and the total space available at the office is now said to be five times larger.The ...
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K+N boosts pharma capability in Benelux region
Supply chain services giant Kuehne + Nagel (K+N) has invested in 50 temperature-controlled trailers to grow its dedicated road-haul pharma network in Belgium and Luxembourg.The trailers have built-in Discharge Air Control (DAC) and Precision Temperature Control (PTC) technology, protecting their loads from temperature deviations.According to K+N, it is “one of ...
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More than just logistics – Panalpina opens new Dubai base
Panalpina has officially opened a new logistics manufacturing centre in Dubai South next to Al Maktoum International Airport. The 40,000sq m site, three times bigger than the one it replaces, will help the forwarder increase its logistics and freight business in the Middle East, Africa and CIS (MEAC) region. There ...
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New index to keep tabs on Asian freight
A freight industry consultant and a journalist have created a new Asian forwarding index. Cathy Roberson, an industry veteran who has been consulting on logistics markets for two decades and freight journalist and consultant Mike King, say that their new APAC Forwarding Index will measure current demand and forward sentiment.It ...
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Damco offers digital dashboards
Third party logistics company Damco is offering its customers a new supply chain intelligence solution. It provides a suite of interactive ‘dashboards’ delivering up-to-the-minute information on their supply chains, fully integrated into Damco’s operational systems.Damco says that using data to provide actionable insights for decision making has until now been ...
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DHL centre taps into Asian e-commerce boom
DHL eCommerce has extended its global fulfilment centre network with a new facility in Hong Kong. It will cater to the growing demand for cross-border services in Asia Pacific particularly from greater China and will allow online sellers to move their goods closer to their end customers and speed up ...
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NewsDHL sees airfreight demand decline despite end of year surge
Deutsche Post DHL’s (DP DHL) airfreight division saw volumes, revenues and gross profits decline last year despite an end of year surge in demand.Airfreight volumes at DHL Global Forwarding, which is the world’s largest airfreight forwarder, declined by 1.3% year on year last year to 2m tonnes but in the ...
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CEVA sees airfreight demand improve but records another loss
CEVA Logistics saw airfreight volumes grow ahead of the market last year but revenues decreased and it recorded another loss.The forwarder recorded a 5.5% year-on-year decline in revenues for 2016 to $6.6bn, while losses came to $159m last year compared with $195m in 2015.Adjusted earnings before interest, tax, depreciation and ...
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News
Supply chain firm Tigers launches e-commerce offering for customers
Supply chain company Tigers has launched an online shopping portal that allows companies to sell their products in China and southeast Asia.As well as listing products, Tigers’ eShop takes payments, offers supply chain management, order fulfilment and returns.Tigers chief executive and group managing director Andrew Jillings said: “Tigers eShop offers ...
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Forwarder Crane reshapes European team
Freight forwarder Crane Worldwide has appointed Chris Lee, formerly global account manager, as UK managing director based at the firm's new warehouse facility in London Heathrow.Lee has been with Crane Worldwide since 2011 and has over 20 years of experience in the industry starting out in an operational role with ...
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Double-digit airfreight growth for Panalpina but profits take a hit
Panalpina recorded a double-digit improvement in air cargo volumes last year but rate hikes in the second half of the year put pressure on profits.The Switzerland-based freight forwarder saw 2016 revenues decrease by 11.3% year on year to SFr5.2bn ($5.1bn), while operating profits were down 30.1% to SFr82bn and net ...
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K+N targets acquisitions as profits reach record levels
Kuehne+Nagel (K+N) will look to make "selective acquisitions" after it managed to increase airfreight volumes ahead of market growth levels last year and overall earnings reached record levels.The Switzerland-based freight forwarder saw 2016 total group revenues decrease by 1.5% year on year to SFr20bn, while net earnings for the year ...
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NewsDHL's green award for Lufthansa Cargo
German airline Lufthansa Cargo has been named a ‘preferred carrier’ by DHL Global Forwarding and presented with a GoGreen carrier certificate.Rather like the Michelin Star system for restaurants, Lufthansa Cargo has been awarded with four “green aircraft” by the German-based logistics giant for its environmentally-friendly performance.Lufthansa Cargo was the only ...