Freight forwarders – Page 42
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News
B&H Worldwide expands in Singapore
Aerospace logistics firm B&H Worldwide has doubled the size of its operation in Singapore to meet rising demand.The new 28,000 sq ft facility is located adjacent to its existing operation within the ALPS Free Trade Zone at Changi Airport.B&H said the new unit will enable it to continue serving customers ...
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CEVA Logistics joins United's sustainability initiative
CEVA Logistics has joined United Airlines’ sustainability initiative, the Eco-Skies Alliance.United said that through its Eco-Skies Alliance, it is partnering with businesses such as CEVA Logistics to power future flying in a more sustainable way.CEVA Logistics and other Eco-Skies Alliance companies are working with United to collectively purchase approximately 3.4m ...
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NewsAir Cargo Europe: Air Cargo of Tomorrow – shaping the future of the industry
Air Cargo of Tomorrow – shaping the future of the industry (webinar)Join us on May 4 at 3pm BST / 4pm CEST / 10am EST to hear from airfreight experts as they discuss: Air Cargo of Tomorrow: Shaping the future of the industry.The session is organised by Air Cargo News ...
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Studies point towards acceleration in e-commerce logistics demand
E-commerce will continue to grow rapidly over the coming years resulting in retailers spending more on logistics operations to meet demand, according to two recent studies.Supply chain consultant Transport Intelligence's (Ti) Global E-commerce Logistics 2021 report shows that the global e-commerce logistics market grew by 27.3% year on year in ...
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DP DHL notes its strongest Q1 ebit in preliminary figures
Deutsche Post DHL's first quarter operating earnings reached record levels, according to preliminary results.Preliminary operating profit (ebit) for the first three months improved to around €1.9bn compared with €592m for the same period last year.The group said that the positive development of the group’s businesses seen in the fourth quarter ...
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News
Geodis promotes Saricinar into airfreight director APAC role
Geodis has promoted Yigit Saricinar — former sub-regional airfreight director, ASEAN (Association of Southeast Asian Nations) — into the role of airfreight director, Asia Pacific (APAC).Saricinar, who has 15 years of experience in the industry, also joins the company’s regional management board.He will report to Onno Boots, regional president and ...
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News
Transpac rates rise while supply chains brace for Ever Given impact
Air cargo rates on the transpacific trade lane picked up last week while capacity remains tight and supply chains brace for the impact of the Suez Canal blockage.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that last week prices from Hong Kong to North America increased by ...
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DHL continues Africa expansion with Unicargas partnership
DHL Global Forwarding (DHL GF) has expanded its presence in Africa by teaming up with Unicargas, a cargo carrier based in Angola.The five-year partnership will facilitate the movement of exported Angolan goods, carried by DHL GF, to Europe and the US - markets that make up 20% of exports from ...
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News
Seko Logistics and Peli BioThermal partner for pharma operations in Ireland
Seko Logistics has broadened its pharma capabilities in Ireland by opening a new 30,000 sq ft facility in Dublin and extending its partnership with temperature-controlled container manufacturer Peli BioThermal.The companies said the partnership will give Seko's customers in Ireland "quick and easy access" to Peli BioThermal’s temperature-controlled solutions, which offer ...
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TIACA issues call to action for air cargo
Air cargo group TIACA has outlined five areas of development that the industry should focus on over the coming years.The cross-supply chain group said that the industry should embrace digitalisation, sustainability, safety and security, liberalisation, and partnerships and collaboration in order to modernise and provide enhanced solutions addressing customer demands.On ...
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News
Forwarders to have a greater say in IATA's cargo programme
The Cargo Agency Conference (CAC) will in the future be required to consult with freight forwarder councils before any future resolutions are made.Following a recent decision, CAC, which is entirely composed of airlines, will have to consult with Regional Joint Councils before any future resolutions, or amendments to resolutions, are ...
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NewsCainiao tackles South America cargo crunch with Atlas and Latam
Cainiao Smart Logistics Network,the logistics arm of e-commerce giant Alibaba, has linked Latam Cargo to its partnership with Atlas Air to secure capacity and speed up connections into South America.The Special Prorate Agreement (SPA), which allows two or more airlines to connect services, will see Cainiao link the services flown ...
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NewsMNG Airlines orders A330-300 freighter conversions
Turkish cargo operator MNG Airlines has ordered two Airbus A330-300 freighter conversions from EFW, the joint venture between ST Engineering and Airbus.The first A330 passenger aircraft was inducted for conversion today, while work on the second aircraft will commence in 2022. Conversion work will be carried out at EFW’s facility ...
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NewsDB Schenker sees revenues and profits increase in 2020
DB Schenker saw revenues and profits increase last year despite air and ocean volumes both declining.The Germany-headquartered freighter forwarder recorded a 7.8% decline in airfreight volumes last year to 1.1m tonnes, while ocean demand was down 10.5% to just over 2m teu.However, revenues in 2020 increased by 3.4% year on ...
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NewsAMI expands at fast-growing LA ahead of new air cargo security requirements
Cargo wholesaler Air Menzies International (AMI) has moved to a new facility at Los Angeles International (LAX) as it looks to expand operations at the fast growing US airport and prepare for stricter security requirements.AMI said the move to a new facility will more than double warehouse space and place ...
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Kerry Logistics looks ahead to SF deal as revenues rise
Kerry Logistics saw both adjusted profits and revenues increase last year and it is expecting its proposed deal with SF Holdings to drive further growth.The Hong Kong headquartered company saw revenues increase by 30% year on year to HK$53.4bn in 2020, while profit attributable to shareholders stood was down 23.6% ...
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NewsDP DHL targets aviation emissions with €7bn sustainability pledge
As part of its new sustainability roadmap, announced today, Deutsche Post DHL Group (DP DHL) is investing €7bn in green technologies, such as sustainable aviation fuel, to help it further reduce its Co2 emissions over the next ten years.The sustainability roadmap, which covers the company's operations until 2030, are in ...
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Cargo volumes have skyrocketed – but are forwarders and truckers paying the price?
In his latest column, Brandon Fried, executive director of the US Airforwarders Association, explains the cost impact of airport logjams for forwarders and truckers. Despite encouraging progress towards widespread distribution, the Covid-19 vaccine, many consumers remain quarantined at home, choosing the convenience of online delivery of their essential merchandise.The subsequent ...
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NewsNippon Express launches domestic halal-certified airfreight service
Last week (March 8), Japan-based Nippon Express launched a new halal-certified domestic airfreight product.The forwarder said it launched the service after observing an increase in demand for halal products in Japan.Currently, Japan has a Muslim population of around 200,000."With an increase in foreign visitors/residents from a diversity of cultural backgrounds ...
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NewsFlexport appoints EMEA network trade lane director
Freight forwarder Flexport has appointed Paul Rombeek to the role of senior director of network trade lane management, Europe, the Middle East and Africa (EMEA).In his new role, Rombeek will develop the company's Europe airfreight operations "with a focus on the Far East westbound". He will also drive the company's ...