Freight forwarders – Page 106
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News
German rail to sell a minority stake in Schenker
Deutsche Bahn (German railways) has confirmed plans to push ahead with the sale of a stake in its DB Schenker forwarding and logistics arm.It confirmed today (5 May) that the management board is to develop an implementation plan for a third-party minority holding in DB Schenker, as well as its ...
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Seko finds UK aerospace home
Seko Logistics has opened its first Centre of Excellence for the UK aerospace and aviation sector at Farnborough Airport near London.Seko already has similar centres in Europe, the Americas and Asia Pacific, while its global aerospace and aviation headquarters is in Dallas, the second largest aerospace market in the world.Farnborough ...
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CEVA profits stay strong despite soft market
Logistics firm CEVA says it maintained profitability in the first quarter of 2016 despite “market headwinds” that continue to affect all industry players.Excluding currency factors, revenue dropped 5.3% from $1.7bn in first quarter 2015 to $1.6bn during the same period this year as a result of rate decreases.Earnings were up ...
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Dachser revenues benefit from exchange rate gains
Logistics firm Dachser's Air and Sea Logistics business saw revenues climb by 8% last year to €1.6bn.The German company said the increase in revenues was largely thanks to exchange rate gains, with tonnage experiencing “anaemic growth”.“From this you can see that, as in Road Logistics, we will not lower our ...
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Brussels is Panalpina’s first CEIV station
Panalpina has achieved IATA CEIV (Centre of Excellence for Independent Validators) certification for pharma traffic at its Brussels operation, following a strenuous validation process.It is the forwarder’s first station to obtain the certificate, which is becoming the benchmark for air freight related cross-dock operations for healthcare products.Panalpina’s Belgium head of ...
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NewsPanalpina sees air cargo volumes jump despite tough market conditions
UPDATED: Panalpina recorded a market-beating 5% increase in airfreight volumes during the first quarter of the year as it counteracted a tough oil and gas market but pre-tax earnings declined.The Switzerland-based freight forwarder recorded first-quarter air cargo volumes of 216,000 tons compared with 205,000 tons for the same period in ...
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NewsRevealed: 26 trends to impact logistics
DHL has revealed 26 key trends that could impact the logistics industry in the next five to ten years.The supply chain giant’s 2016 Logistics Trend Radar, the third in the series, introduces new trends, tracks the evolution of previous ones and identifies those that have faded or become mainstream since ...
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News
Logistics industry responds to Ecuador earthquake
The air transport and logistics industries have begun contributing towards relief efforts to help those in Ecuador affected by a huge earthquake at the weekend.On Saturday evening, the country was struck by a magnitude 7.8 earthquake and 300 aftershocks leaving more than 450 people dead and 2,500 people injured.Deutsche Post ...
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DHL opens advanced Singapore facility featuring robotic technology
DHL Supply Chain has opened an Advanced Regional Center (ARC) in Singapore featuring automation systems with advanced robotics.The 90,000sq m facility, which increases the logistics firm’s warehousing footprint on the island by 40%, uses 130 robotic shuttles to pick and store products from 72,000 locations spread across 26 levels.DHL believes ...
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NewsKuehne + Nagel records small drop in Q1 airfreight demand
Kuehne + Nagel registered a slight decline in airfreight volumes during the first quarter of the year on the back of a slowdown in market demand.The Switzerland-based forwarder, which last year saw air cargo tonnage grow ahead of the market, reported a 0.3% year on year first-quarter demand decline to ...
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Brussels Airport sees official launch of Air Cargo Belgium
Air Cargo Belgium (ACB), the new air cargo community organisation at Brussels airport, had its official launch this week.The new organisation, whose formation was announced in December last year, groups all companies at BRUcargo, the airport’s airfreight cluster, as well as related stakeholders or official organisations.Said BRUCargo: “Traditionally, there have ...
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Pharma GDP for IJS Global GEFCO Netherlands
IJS Global GEFCO Netherlands (NL) has been awarded a Good Distribution Practice (GDP) certificate by the Dutch Ministry of Health.The internationally-recognised certificate shows that the company fulfils the requirements of the European Commission’s Guidelines on Good Distribution Practice of Medicinal Products for Human Use and of World Health Organization (WHO) ...
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Airfreight rates slide for the fourth month in a row
Airfreight prices declined for the fourth month in a row in February and the tough market conditions are expected to remain this year.The latest figures from Drewry’s Sea & Air Shipper Insight shows that in February airfreight prices slipped to their $2.57 per kg − the lowest level since the ...
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Kerry raises stake in Indian forwarder
Asia-based Kerry Logistics has signed a memorandum of understanding to increase its stake in Chennai, India-based Indev Logistics.The announcement was made at the re-branding ceremony held on 13 April in New Delhi in the presence of minister for commerce and industry, Ms Nirmala Sitharaman.Indev will be renamed as Kerry-Indev Logistics, ...
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NewsMixed year for Europe's largest airfreight forwarders
Europe’s leading airfreight forwarders had a mixed year in 2015, with Panalpina and DHL Global Forwarding reporting demand decreases and Kuehne+Nagel (K+N), DSV Sea and Air and DB Schenker benefitting from increases.The forwarder that recorded the largest decrease in airfreight volumes was DHL Global Forwarding, which had a tough time ...
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Ontic opts for B&H Worldwide for AOG support
Logistics services provider B&H Worldwide has been appointed by Ontic, a wholly owned subsidiary of BBA Aviation, to act as a warehouse and inventory management company to support Ontic’s aircraft on ground (AOG) service provision around the world.A B&H climate-controlled facility near Heathrow will act as a principal service centre. ...
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Kestrel Liner Agencies opens dedicated airfreight office
Shipping line agency Kestrel Liner Agencies has opened a dedicated airfreight office following on from recent growth in the air cargo side of the business.The forwarder opened an office at Heathrow earlier this month with John Fiddies, who previously worked for forwarder Link Shipping UK, running the operation.Kestrel chief executive ...
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Metro Supply Chain buys Evolution Time Critical
Canada’s Metro Supply Chain Group has acquired Evolution Time Critical, the Europe-based specialist in automotive emergency logistics.The deal — financial terms were not disclosed — provides 3PL provider Metro with an opportunity to increase its automotive industry presence beyond North America.“We have the platform from which to expand our capabilities ...
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MIQ Logistics warns of summer supply chain disruption as Chinese factories close for G20 summit
Freight forwarder MIQ Logistics has warned of potential supply chain disruption this summer as Shanghai factories are closed ahead of the G20 Summit in Hangzhou.The forwarder said that its Shanghai office was receiving reports that factories in Shanghai and Hangzhou were being instructed by officials to prepare for slowdowns and ...
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Eurogate to launch forwarding services in Iran
Freight forwarder Eurogate Logistics is launching services in Iran, including airfreight, as it looks to take advantage of the lifting of sanctions in the country.Eurogate said that in response to the easing of sanctions earlier this year, had established a local network in Iran, which is able to offer freight ...