Freight forwarders – Page 15
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NewsEveryone's a winner at the Air Cargo News Awards 2023
Copyright: Telling PhotographyThe prestigious Air Cargo News Awards took place in the UK on Thursday night with 15 companies walking away with a trophy.More than 240 people attended the 39th awards ceremony that was this year presented by writer and comedian Dominic Holland at the Hilton London Syon Park.Companies were ...
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NewsDHL takes complete control of Danzas AEI
Source: DHL Global ForwardingDHL Global Forwarding (DHL) has taken complete control of freight forwarder Danzas AEI Emirates.Before the full takeover, DHL had owned 40% of the UAE-based forwarder with the remaining 60% owned by Investment Trading Group, which is in turn owned by the Al Tayer Group.DHL said that the ...
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NewsFlexport restructuring to have "minimal impact" on European employees
Flexport's head of Europe has moved to reassure employees based in the continent that the firm's upcoming restructuring will have minimal impact on them.Last week, Technology publication The Information reported that the freight forwarder was planning to layoff as much as 30% of its workforce - around 1,000 employees - ...
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NewsFIATA appoints Erkeskin as president
Turgut Erkeskin. Photo: FIATAThe International Federation of Freight Forwarders Associations (FIATA) has appointed Turgut Erkeskin as president.Erkeskin, who has been president and chief executive of Istanbul-headquartered Genel Transport for over 35 years was formerly the senior vice president of FIATA.He was also the president of Turkish NGO International Transportation and ...
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More jobs to go at Flexport?
Reports suggest freight forwarder Flexport could layoff as much as 30% of its workforce as it looks to drive cost discipline.Technology publication The Information reported that the forwarder was looking to layoff around 1,000 people, with newswire Reuters later reporting sources quoting the same figure.Flexport told Air Cargo News that ...
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NewsRhenus Logsitics adds reusable car transportation container
Source: RhenusRhenus Logistics has launched a reusable car transportation container for air cargo as an alternative to wooden crates.The forwarder said that the "cartainer" would be based at its finished vehicle logistics hub at London Heathrow and can be used for round trips or multistop transportation."It can be utilised to ...
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NewsAir cargo improvements push shippers to longer term deals
The air cargo market continued to find its way out of the doldrums in September, resulting in an increase in longer term deals.The latest figures from Xeneta show that air cargo volumes in September were flat on a year ago and spot rates were down by 34% - the lowest ...
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NewsAirfreight rates continue to rise in September
Airfreight rates finally showed signs of improvement in September (see dashboard at end of article) and further increases have been recorded in the first week of October.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates - spot and contract - paid by forwarders from Hong ...
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NewsSGL plans to continue acquisition spree after Portugal purchase
Lars Syberg, Scan Global Logistics, and António Beirão, FLS. Source: Scan Global LogisticsFast-growing Scan Global Logistics (SGL) has continued its acquisition spree with the purchase of Portugal-based FLS and has more planned in the coming months.SGL said that the purchase of FLS would strengthen its position in the government and ...
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NewsB&H expands in Australia with new office
Source: B&H WorldwideAerospace logistics firm B&H Worldwide has further expanded its operations in the Oceania region with the opening of a new office in Brisbane.The new facility is located close to the city's airport and has been operational since September 18."The Queensland state is a key growth area for aviation ...
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World Courier partners with Swiss WorldCargo on SAF
Logistics firm World Courier will purchase Sustainable Aviation Fuel (SAF) from Swiss WorldCargo - in a deal that is the largest SAF purchase made through the airline so far.In total, the company has purchased enough SAF to support the movement of 2,000 shipments from London to Switzerland, which will result ...
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NewsUPS swoops on time-critical logistics firm MNX
Source: UPSExpress giant UPS has today announced a deal to acquire time-critical logistics firm MNX Global Logistics as it looks to ramp up its healthcare capabilities.Long Beach-headquartered MNX provides services covering next flight out (NFO), air charter, on-demand courier, managed transportation, service parts logistics (SPL) and specialty freight.Its clients include ...
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DB Schenker to be sold as a complete unit and not split up
Deutsche Bahn will sell its logistics business, DB Schenker, as a complete unit rather than splitting it up into smaller units.Air Cargo News sister title DVZ reported that the Deutsche Bahn supervisory board was this week told that after months of examining various options, a complete sale was the most ...
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More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
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NewsForwarders team up on elephant flight
Source: WCAworldWorld Air Logistics and Worldlink Shipping Colombo recently teamed up to transport a large Thai elephant to Thailand.The elephant was flown from Colombo in Sri Lanka to Chaing Mai in Thailand and is set to be certified by Guinness World Records as the largest elephant flown onboard an aircraft.The ...
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NewsForwarder networks IFC8 and WCAworld join forces
Serene Kam (L) and Rachel Tjong. Source: WCASingapore-based freight network IFC8 has become the latest member of logistics network WCAworld.WCAWorld said that by joining the organisation, IFC8 would have access to more than 12,000 member offices in 196 countries worldwide.It would also enjoy enhanced financial protection and fees-free cross-border payment ...
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NewsDB Schenker to expand in the UK with new Manchester facility
Source: DB SchenkerDB Schenker will move to a new facility in Manchester in the UK to meet its expansion plans in the region.The new site is located at the business site, Trafford Park, and includes almost 50,000 sq ft of warehousing and office space. It will open later this year.The ...
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NewsAMI appoints new leader as Clark moves to Network Aviation
Carlos Font (L) and Jonathan Clark. Source: AMICarlos Font has been appointed as the new executive vice president of Air Menzies International (AMI) to replace Jonathan Clark who is leaving the company to join Network Aviation Group as chief executive.In his new role, Font will be responsible for driving the ...
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NewsCrane Worldwide adds new Dutch distribution hub
Source: Industrial Real Estate PartnersFreight forwarder Crane Worldwide Logistics has leased another distribution centre in the Netherlands.The Houston-headquartered forwarder will lease a new distribution centre measuring around 18,500 sq m at business park Majoppeveld-Zuid in Roosendaal.The building consists of approx. 13,650 sq m of distribution space, 4,000 sq m of ...
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Scan Global Logistics on a roll with Swiss acquisition
Scan Global Logistics (SGL) has entered the Swiss market for the first time through the purchase of Belglobe.Fast-growing SGL said Belglobe had three decades of experience and a "strong position" in the temperature-controlled pharma healthcare and luxury consumables industries."SGL will gain immediate proximity to multinational companies’ central procurement and supply ...