Freight forwarders – Page 111
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DSV in $1.35bn takeover bid for UTi
Consolidation in global freight forwarding continues, with the announcement that Danish forwarder DSV Group has signed an agreement to acquire US based UTi Worldwide in a deal worth $1.35bn.UTi is a global, supply chain services and logistics company with revenue of $3.9bn and 21,000 employees in 58 countries.“The combined company ...
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Rail services a major challenge to air in central Asia
One of the major challenges that the air cargo industry in the CIS and central Asia regions faces is the growth of rail services from the Far East, according to DHL Global Forwarding’s chief executive eastern Europe.Speaking at the Caspian Air Cargo Summit, DHL’s Kerem Inanc said there were a ...
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Improve perishable transport service quality to avoid losing share to ocean
Airfreight must improve service quality if it is to minimise the impact of customers with perishable goods switching to seafreight.Kuehne & Nagel's global business development manager for perishables logistics, Natasha Solano, said that over the last few years there had been a trend for perishable cargo to transfer over to ...
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XPO Logistics bags Lynx contract
Helicopter maker AgustaWestland has appointed XPO Logistics to coordinate the handling, storage and transportation of eight Lynx Mk21A helicopters from Brazil to the UK.In an extension of a “longstanding” relationship with AgustaWestland, XPO Logistics global forwarding teams will be responsible for transporting the Lynx helicopters to the UK for a ...
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Lange joins FedEx forwarding arm
FedEx Trade Networks, the freight forwarding and customs brokerage arm of the US parcels giant, has appointed Udo Lange as executive vice president and chief operating officer.Dr Lange is responsible for overseeing all global air and ocean freight forwarding and customs brokerage operations for the company.Lange has more than 20 ...
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New finance chief for CEVA
Netherlands-based CEVA Logistics has appointed a new chief financial officer, Arjan Kaaks.Kaaks, who reports to chief executive Xavier Urbain, joins CEVA from Benelux privately-owned retailer Maxeda DIY Group, where he was chief financial officer (CFO) and an executive board member.Previous employment includes spells at O’Neill Group, the sports lifestyle brand, ...
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Sinker to find SEKO solutions
SEKO Logistics has appointed Randy Sinker to the new post of chief client solutions officer. Based in Chicago, he will work closely with SEKO’s Customer Solutions Group teams in Europe and Asia Pacific, with responsibilities including client ‘on-boarding’, account management and customer service.Chief executive, William Wascher, describes the appointment as ...
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Tech expert joins Seko Logistics
Supply chain service firm SEKO Logistics has appointed Rick Lee as its new chief operating officer in the US. Lee, who joins Seko from technology company Avaya, will be based in Chicago, where he will he oversee Seko’s client solution group, operations and procedures, logistics infrastructure and procurement.Earlier in his ...
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De Pauw re-joins DHL in Africa
DHL Global Forwarding has appointed Daniella de Pauw as chief executive, Sub-Saharan Africa.De Pauw will be based in Johannesburg and will be responsible for driving growth in the Sub-Saharan Africa region.She said: “Having served businesses in the region for over 35 years, we continue to ensure that the markets have ...
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Forwarders welcome Transpacific Partnership agreement
The US Airforwarders Association (AFA) and Boeing have welcomed the conclusion of the Transpacific Partnership negotiations.Yesterday, the US, Japan and 10 other Pacific rim nations reached an agreement on what is set to become the world’s largest regional trade agreement.However, the agreement, described as a first step, now needs to ...
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Swiss WorldCargo to offer single process e-AWB to forwarders
Swiss WorldCargo has begun offering the electronic air waybill (e-AWB) single process, which it hopes will accelerate the adoption of the e-AWB throughout its network.The airline said that following a four month trial it now accepts single process e-AWB shipments in Zurich, Montreal, Los Angeles, New York JFK and Copenhagen.The ...
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GEFCO says more acquisitions to come following IJS Global deal
Expansionist logistics firm GEFCO will target more acquisitions, following yesterday’s move for forwarder IJS Global, as it strives to double its turnover.The Russian Railways majority-owned company has ambitions to increase turnover from €4bn to €8bn by 2020.As part of this growth, forwarding arm GEFCO Overseas has the target of increasing ...
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Logistics consolidation continues as GEFCO swoops on IJS Global
Automotive logistics specialist GEFCO Group has pushed ahead with its diversification drive and expanded its airfreight operation with the acquisition of Dutch freight forwarder IJS Global from private equity firm Nimbus.Amsterdam-headquartered IJS Global specialises in air and sea forwarding and generated revenues of €160m in 2014.It has an operational footprint ...
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DB Schenker to launch European-wide express service through GLS partnership
DB Schenker Logistics will enter the European-wide express market through a partnership with a parcel service provider as forwarders continue counter express operator incursions into their market.The German logistics giant this morning announced it had struck up a European-wide partnership with the GLS Group, which will allow it to expand ...
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e-AWBs made easier for Connecta forwarders
CHAMP Forwarding Systems has signed a partnership agreement with UK-based Connecta Airfreight Network to accelerate electronic air waybill (e-AWB) adoption among small and medium size forwarders.Connecta’s members will access the CHAMP Cargosystems subsidiary’s web-based freight forwarding system Logitude, enabling them to manage quotes, shipments, bookings and consolidations "more efficiently and ...
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DHL Express: air cargo volumes lost to express won't come back
EXCLUSIVE INTERVIEW: Airfreight forwarders should not expect to be able to win back the market share they have lost to integrators over recent years because of fundamental differences in their offering.Speaking at a media event at its European regional hub in Leipzig, DHL Express Europe chief executive John Pearson told ...
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Hungry XPO to buy US trucker Con-way for $3bn
Fast growing XPO Logistics is to buy US trucking and logistics company Con-way for $3bn, including debt, making it the second largest provider of less-than-truckload services in North America.Deep-pocketed XPO said that its latest logistics takeover - it acquired Europe’s Norbert Dentressangle for $3.2bn in June - will expand the ...
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Kerry adds robots to Hong Kong warehouse
Kerry Logistics has introduced six robotic butlers at its flagship facility in Hong Kong to speed up the picking process in line with trends in e-commerce.The robots operate 24/7 and can pick 280 items per hour compared to 50 items normally, and the pick rate is four times faster.Kerry said ...
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K+N signs cool chain deal with Ortho Clinical Diagnostics
Ortho Clinical Diagnostics has awarded a six-year contract to Kuehne+Nagel (K+N) to manage its cold and temperature-controlled warehousing and distribution in the US.“We need a partner with demonstrated capability managing high volume cold chain distribution operations and who understands the strict regulatory rules and logistics challenges of our industry,” said ...
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Speed with safety for Toll’s Perth site
Toll Group’s Express arm has completed a A$20m renovation of its depot at Perth Airport, part of a A$80m programme of property investments and improvements in Western Australia.It includes a 172 metre steel overhead walkway between the main office and the training room to keep pedestrians away from moving equipment ...