Freight forwarders – Page 14
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NewsTough market for Expeditors
Jeffrey Musser of Expeditors. Image Source: ExpeditorsSeattle, Washington State-headquartered logistics giant Expeditors International of Washington, Inc. has announced its third-quarter 2023 financial results.Operating income fell by 59 percent over the same quarter of 2022 to $216m as revenue fell by 50 percent to $2.2bn.Airfreight tonnage volumes were down by 14 ...
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NewsDB Schenker all set for Singles’ Day and Black Friday
Inside a DB Schenker warehouse, Copyright DB Schenker Lauren WallenbergGermany-headquartered logistics giant DB Schenker is ramping up its e-commerce business as two important dates in the retail calendar approach: China’s Singles Day on November 11 and Black Friday on November 24.For e-commerce, they also mark the start of the most ...
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NewsPlain sailing for Rock-it
Rock-it Cargo, Canada sailing container. Image Source: Rock-it GlobalRock-it Global has successfully handled the logistics for Team Canada’s involvement at the 2023 Pan American Games in Santiago, Chile.The Games were launched at an opening ceremony on October 20 and ran until yesterday (November 5).Rock-it – a provider of time-critical ...
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NewsHactl scoops two awards, while Kerry also receives recognition
Hong Kong Air Cargo Terminals Limited (Hactl), Hong Kong’s largest independent cargo handler, has won two awards at this year’s Supply Chain Asia Awards.It was named Air Cargo Terminal Operator of the Year based, it said, on its submission covering ongoing innovations including its new ‘Animal Limo’ live animal transfer ...
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NewsKuehne+Nagel recertified for CEIV Pharma across its airfreight healthcare network
KN employee labelling a package for cooling. Image Source: Kuehne+NagelSwitzerland-headquartered Kuehne+Nagel has gained a third consecutive IATA CEIV Pharma certification for its entire airfreight healthcare network.CEIV Pharma is IATA’s Center of Excellence for Independent Validators standard for pharmaceutical handling, designed as a quality control yardstick for improving the ...
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News
Global Critical Logistics expands in Asia Pacific with double deal
Time-critical and live event logistics firm Global Critical Logistics (GCL) has expanded its presence in the Asia Pacific region through the acquisition of two New Zealand-based forwarders.GCL announced yesterday that it had acquired Auckland-based Time Frame Logistics and Wellington-based Xtreme Forwarding.Time Frame specialises in live event logistics and will have ...
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Insights
Governments must help forwarders invest in environmental sustainability
Freight forwarders are ready to tackle emissions but support from governments is needed to help them overcome the challenges in achieving environmental sustainability.The freight transportation industry significantly contributes to climate change, accounting for around 11% of global greenhouse gas emissions.However, freight forwarders and their transportation partners increasingly recognise the need ...
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NewsScan Global Logistics expands into South Korea with latest acquisition
L to R: Rob Erskine, SGL, Hoe Jick (Erick) Yang, ENK, Kwon Jik (Kevin) Yang, ENK and Søren Madsen, SGL. Source: SGLScan Global Logistics (SGL) has expanded into the South Korean market through the acquisition of its partner ENK Logistics.ENK Logistics was established in 2006 by Hoe Jick (Erick) ...
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NewsHopes diminish for an air cargo peak season boost
Hopes of a surge in air cargo demand towards the end of the year diminished in October as the latest data showed only a slight uplift in demand.The latest figures from data provider Xeneta show that air cargo demand increased 2% in October compared with September which is described as ...
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NewsRhenus targets growing perishables market with new China team
Source: nitpicker/Shutterstock.comLogistics firm Rhenus Group has added a dedicated perishables team to its operation in China on the back of increasing demand.The new team will be part of Rhenus Fresh and will target the transportation of goods between Greater China, Europe and Latin America, in particular Chile."Rhenus Chile's major trade ...
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NewsKuehne+Nagel airfreight volumes drop again in Q3
Airfreight forwarder Kuehne+Nagel (K+N) suffered the impact of a difficult market as it reported a further decline in year on year volumes in the third quarter.K+N saw its airfreight volumes drop 9% year on year in the third quarter to 493,000 tonnes.Revenues and profits also declined. Air net turnover declined ...
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NewsRock-It acquires Dell Will Customs Brokers
Rock-It Global car shipment. Photo: Rock-It GlobalRock-It Global, the provider of time-critical freight forwarding and logistics services for the live event, entertainment, sports, and broadcast industries, has acquired customs broker Dell Will to drive growth in the motorsports sector.Founded in 2000, Dell Will specialises in providing customs clearance services for ...
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News
DSV volumes fall once more in Q3
Multimodal freight forwarder DSV saw its third quarter air cargo volumes fall 14% year on year.DSV recorded a decline in volumes from 375,990 tonnes in the third quarter of 2022 to 324,436 tonnes in the same period of this year.Echoing its analysis of the first quarter of the year, DSV ...
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NewsHellmann goes Blue to digitize its operations
Martin Bernemann (second from the right), chief technical officer of BlueBox Systems, during the Logistics Summit. Source: BlueBox SystemsHellmann Worldwide Logistics has successfully used tracking specialist BlueBox Systems to digitize its operations, delegates to a summit in Germany learned.The forwarder, which describes itself as “one of the biggest medium-sized logistics ...
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NewsCH Robinson reports a stabilising air cargo market
Matt Castle. Source: CH RobinsonThe air cargo market has settled back into normal seasonal patterns as the peak season arrives, according to CH Robinson's vice president of global forwarding Matt Castle.Speaking to Air Cargo News, Castle provided an update on the current air cargo market as industry data continues to ...
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NewsGEODIS targets pharma market with Schiphol facility
Source: GeodisGEODIS has started the official operation of its new 5,500 sq m Schiphol-Rijk temperature-controlled facility for the pharma and healthcare sectors.The new location at Amsterdam’s Schiphol airport is next to the global logistics provider’s existing site and will expand its footprint in pharma and healthcare.GEODIS’ pharma and healthcare capability ...
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NewsJens Bjørn Andersen to step down as DSV CEO
Jens Bjørn Andersen will next year step down as the chief executive of top-three freight forwarder DSV after 16 years in charge.Andersen will leave the role on September 1 to be replaced by Jens Lund.In his 16 years in charge of the firm, Andersen has seen its rapid expansion from ...
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NewsK+N and SATS collaborate on efficiency and sustainability initiatives
Yngve Ruud (left) with Kerry Mok. Photo: SATSKuehne+Nagel (K+N) and SATS have signed a Memorandum of Understanding (MoU) to enter into a strategic collaboration to drive value chain improvements and sustainability efforts within the air logistics industry.Together, the two companies have initially collaborated on several Proofs of Concept to optimise ...
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NewsGlobal Critical Logistics appoints chief people officer
Source: Global Critical LogisticsGlobal Critical Logistics (GCL) has appointed Elizabeth Berman as its chief people officer.In her new role, Berman will develop HR infrastructure that provides a "high service level to both employees and customers".Daniel Rosenthal, president and chief executive GCL, said: “I am a firm believer in building on ...
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News
Flexport confirms it will cut its global workforce by 20%
Flexport has confirmed it will shrink its global workforce by "approximately 20%" as part of its plans to cut costs in a move that follows a series of changes at the company.Recently back at the helm of Flexport, chief executive Ryan Petersen said in a blog post on October 12: ...