Freight forwarders – Page 70
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Five new leaders to drive growth at GEFCO’s freight forwarding division
GEFCO Group has nominated five new leaders to grow and expand its freight forwarding business worldwide.The new leaders are:Valentin Elistratov, Global Commercial DirectorKarin Van Den Brekel, Life Science and Health Care Global ManagerKatherine Shek, Regional Director for AsiaPeter West, Country Director for Australia and New ZealandAlicja Szewczyk, Global Human Resources ...
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Panalpina chief: We're on the acquisition trail
Panalpina chief executive Stefan Karlen has told the Swiss business press that the forwarder is on the acquisition trail, despite itself being a takeover target.Karlen told Finanz and Wirtschaft (F&W) that the company would be looking to grow organically and inorganically through acquisitions.This could include deals involving companies the same ...
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Panalpina shareholder urges board to consider DSV offer
One of Panalpina's major shareholders has written to the forwarder's board urging them to seriously consider DSV's takeover offer and to express its concern over the largest shareholder's control over the company.In a letter to the Panalpina board, David Samra, managing director of Artisan Partners, a 12% shareholder, said that ...
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Rhenus Logistics awarded CEIV Pharma certification at Schiphol
Rhenus Air & Ocean has achieved IATA’s CEIV Pharma certification for its Amsterdam Airport Schiphol branch.In 2018, Rhenus started the process of obtaining the certification by reviewing its procedures for the handling of temperature-controlled shipments, optimisation of temperature-controlled facilities, training of staff and assessing all logistics processes through independent validators.Frank ...
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B&H Worldwide signs MOU with Compass Forwarding
B&H Worldwide has signed a Memorandum of Understanding with US-headquartered Compass Forwarding, a logistics provider specializing in aerospace.This expansion of their existing partnership will enhance global coverage for both parties. B&H has nine strategically located offices in Europe, Asia, and the Americas.Compass provides additional coverage in six locations between its ...
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CHAMP Cargosystems launches EmissionsCalculator solution
CHAMP Cargosystems has launched ian EmissionsCalculator to help airlines, shippers and forwarders measure accurately their supply chain emissionsThe calculator leverages information flowing through CHAMP's IT solutions and from third-parties to provide a breakdown of emissions by flight or air waybill number. It reports on the key greenhouse gasses of carbon ...
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B&H lands Apex Aero for aircraft parts logistics
Aerospace logistics provider B&H Worldwide has signed a three year warehousing deal with UK-headquartered Apex Aero, a specialist in parts supply for Airbus and Boeing aircraft.B&H will handle all forward stocking location (FSL) services for Apex Aero through its climate-controlled warehouse at London Heathrow.From there, the parts will be shipped ...
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Tigers grrrrows its international sales team
Logistics firm Tigers has created a new dedicated international sales team to its global network as it continues to expand globally to meet an increase in customer demand.The new team covers Asia-Pacific (APAC), South Africa, Europe, and North America, with the aim of growing the Tigers global footprint and serving ...
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DSV warns of supply chain disruption in the case of no-deal Brexit
DSV has warned its customers to expect supply chain disruption if the UK leaves the European Union in March without a trade deal in place.Speaking during an investor call shortly after announcing its 2018 full-year results, chief executive Jens Bjørn Andersen said that some customers were moving their European distribution ...
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DSV: No comment on Panalpina as profits rise
DSV saw profits and revenues take-off in 2018 but has declined to provide any further comment on its attempt to acquire Panalpina.The Copenhagen-headquartered freight forwarder saw full-year revenues increase by 5.5% to DKr79bn, earnings before interest and tax (ebit) were up 11.7% to DKr5.4bn and net profits increased 32.4% to ...
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BIFA says new no deal Brexit Customs procedures are skewed towards new traders
UK freight forwarder group BIFA has criticised the Transitional Simplified Procedures (TSP) published by the UK Customs authority in the case of a no deal Brexit, saying that they are aimed at new traders rather than existing ones, such as forwarders.BIFA argues that the procedures should be for all involved ...
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Vincent Touya becomes managing director of Dachser's US regional office
Vincent Touya has joined Dachser USA as managing director at the company’s US regional office in Atlanta.Said Touya: “The American market represents a significant development opportunity for Dachser. I look forward to growing the company’s logistics service offering in the US and facilitating US customers access to Dachser´s global logistics ...
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DHL launches humanitarian logistics centre in Dubai
DHL Global Forwarding has opened its Global Competence Center for Humanitarian Logistics in order to consolidate its logistics services within the sector.The centre will co-ordinate humanitarian efforts across all DHL business divisions to provide all related services and products.Fatima Ait Bendawad, a DHL manager with 15 years of experience in ...
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BIFA continues apprenticeship drive
UK freight forwarder group BIFA is continuing its drive to increase the use of apprenticeships amongst members through the launch of a dedicated website.BIFA said the new website will focus on helping both employers and potential recruits to better understand apprenticeship opportunities in the freight forwarding industry.The microsite also includes ...
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UPDATED: Panalpina's major shareholder says no to DSV takeover offer
Panalpina's largest shareholder does not support the unsolicited SFr170 per share takeover bid by Danish logistics giant DSV that values the Switzerland logistics giant $4bn.The Ernst Göhner Foundation, with 46% of the total share capital in Panalpina, has informed the forwarder's board of directors that "it does not support the ...
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CEVA expects revenues to increase but profits to be hit by one-off costs
CEVA Logistics is expecting to see an improvement in its annual revenues, but operating profits are set to have declined due to one-time events.The company said it expects revenues for 2018 to have increased by 5.2% year on year to $7.4bn, while earnings before interest, tax, depreciation and amortisation (ebitda) ...
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GEFCO adds new time critical control centre
GEFCO has launched a Mission Control Centre (MCC) in Amsterdam to manage global Time Critical Solutions. The MCC will monitor all time-critical shipments booked on its IT system and act as a single point of contact for global customers to provide real-time monitoring updates on their worldwide emergency shipments.GEFCO Freight ...
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New Asian role for B&H Worldwide's Chris Allen
B&H Worldwide has appointed Chris Allen to the newly created position of business development manager, Asia.Based in Singapore, at the B&H facility within the ALPS Free Trade Zone at Changi Airport, Allen will be responsible for identifying opportunities for the company to grow its products and services across the Asia ...
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CEVA board decides not to recommend CMA CGM takeover bid of CHF30 per share
CEVA Logistics's board had decided not to recommend the CHF30 per share takeover offer by shipping line CMA CGM, a 33% major shareholder.Switzerland-based CEVA said in a statement that its board of directors, “with the exception of two conflicted members, came unanimously to the conclusion not to recommend to CEVA's ...
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Panalpina launches digital platform for charter network
Freight forwarder Panalpina has launched a new online tool for customers of its charter network.Aircharter.panalpina.com provides an overview of scheduled cargo flights and of all cargo aircraft in the world available for chartering on any given day.The charter tool "focuses on user-experience with a responsive design featuring drag-and-drop origin and ...