Freight forwarders – Page 81
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News
Kerry Logistics swoops on South African forwarder
Kerry Logistics Network has acquired forwarder Shipping and Airfreight Services (SAS) as it looks to expand its presence in South Africa.Johannesburg-based SAS' forwarding unit offers ocean and airfreight services, including Less than Container Load (LCL) and Full Container Load (FCL), as well as break bulk services for ocean freight cargoes.For ...
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CEVA Logistics upgrade by S&P Global Ratings
S&P Global Ratings (S&P) has today upgraded CEVA Logistics Group's long-term issuer rating to BB- with positive outlook.The initial public offering (IPO) of CEVA on the Swiss stock exchange took place on May 4.The S&P upgrade by three notches is based on the deleveraging as a result of the IPO ...
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Multimodal welcomes 9,200 visitors
This year's Multimodal exhibition and conference welcomed more than 9,200 visitors as challenges and opportunities in a post-Brexit logistics landscape headed discussions.The three-day at the Birmingham in the UK saw 92 executives share insights on key topics including Blockchain, warehouse robotics, Brexit, airfreight opportunities and port strategy during the free-to-attend ...
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Panalpina joins blockchain alliance as it looks to implement the technology
Freight forwarder Panalpina has joined the Blockchain in Transport Alliance (BiTA) as it looks to play a role in deploying the technology in logistics.BiTA is a forum of leading tech and transportation companies for the development and implementation of blockchain standards. Members aim to educate the market on blockchain applications ...
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Airfreight KPIs set to feature in business contracts
Air cargo’s emerging key performance indicators (KPIs) look set to become a feature of future contracts between airfreight stakeholders.Ground handlers, general sales agents (GSA) and freight forwarders are likely to see KPIs – currently in test phase – being built into their contracts with airlines and shippers.That was the impression ...
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Geodis re-organises regional structure
Logistics giant Geodis is re-organising its business into four key regions to improve client’s access to services.The company will now be built around these four regions: Western Europe, Middle East and Africa, led by Laurent Parat; Northern and Central Europe with Thomas Kraus leading the region, Americas headed by Randy ...
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Panalpina adds Querétaro in Mexico to B747F network
Panalpina has added Querétaro airport in Mexico to the ‘Speedy’ loop of its dedicated B747 freighter network, which also links Mexico City and Guadalajara with forwarder's airfreight hub in Huntsville, Alabama.Switzerland-based Panalpina has become the only maindeck cargo capacity provider to offer scheduled flights to three different Mexican airports.US-based lessor ...
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DHL Supply Chain buys Colombian logistics provider Suppla
DHL Supply Chain, the contract logistics specialist within Deutsche Post DHL Group, has acquired Suppla Group, a Colombian logistics provider.Suppla’s product portfolio includes warehousing and packaging services across life sciences and healthcare, retail, consumer, and technology sectors.A longstanding national logistics provider, Suppla has a local presence in five regions and ...
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DHL prepares for MySupplyChain launch
DHL Supply Chain has confirmed that its latest customer technology platform, MySupplyChain, is soon to be available for commercial customer use, initially in North America.The platform, which DHL said is “secure and easy-to-use”, integrates data from DHL Supply Chain applications, providing customers with “complete supply chain visibility, accessible online anytime, ...
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AP Moller-Maersk reports ‘unsatisfactory earnings’ in first quarter
AP Moller-Maersk saw its revenue rise by 30% year-on-year in the first quarter of 2018 to reach $9.3bn.That year-on-year revenue improvement figure would be 10% if shipping line Hamburg Süd – which was acquired at the end of 2017 – was taken out of the figures, but there was growth ...
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Uniserve names Overman as group chief operating officer
UK-based Uniserve has appointed Kim Overman as its new group chief operating officer.The new position was created to support the company’s “ongoing growth and [to] build on the success of the UK’s largest independent logistics and global trade management provider”.Overman has worked in the logistics industry for 34 years, and ...
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News
K+N launches SwiftLOG warehouse management system
Kuehne + Nagel (K+N) has launched a new global warehouse management system (WMS).Called KN SwiftLOG, it is said to be a scalable platform with global reach, powered by JDA Warehouse Management.The first implementation of KN SwiftLOG took place in China with the creation of an omni-channel distribution centre for a ...
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CEVA reports solid first quarter
Supply chain services giant CEVA Logistics reported a 2018 first quarter revenue improvement of 5.4% (at constant currency) to $1.79bn, while also seeing strong improvements in earnings in both its Freight Management and Contract Logistics segments.The January to March reporting period also saw Switzerland-headquartered CEVA complete an Initial Public Offering ...
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Europa enjoys record year
Logistics service provider Europa Worldwide Group has reported annual financial results for the 2017 calendar year, and declared that it is now in “the strongest and most profitable position in its 50-year history”.Europa is a specialist road, air and sea, and warehouse operator which employs more than 650 staff across ...
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Fitt for the top job at Yusen Logistics UK
Andy Fitt has been appointed as the new managing director of Yusen Logistics UK (YL UK).After serving over three years with the business, Fitt succeeds Kevin Appleton, who is now the chairman of the UK arm of the Japan-based global logistics operator.A company spokesperson said: "During this time, Andy has ...
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DP DHL group Q1 revenue dips but freight forwarding turnaround continues
Deutsche Post DHL (DP-DHL) Group saw a slight dip in first quarter 2018 revenues to €14.7bn from €14.9 bn in prior year, mainly attributable to negative currency effects and the sale of UK supply chain subsidiary Williams Lea Tag.On an organic basis – after adjusting for currency and portfolio effects ...
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CEVA launches IPO on Swiss stock exchange
The initial public offering (IPO) of CEVA Logistics (CEVA) was launched today with the traditional ringing of a cow bell to open the day's trading.CEVA chief executive Xavier Urbain was joined by executives from SIX and other members of the CEVA team to celebrate the company's arrival on the SIX.Werner ...
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Flexport secures more funding through investment from SF Express
Chinese express giant SF Express has invested $100m in Flexport as the company looks to continue its rapid expansion.Flexport said it would use the investment to expand operations in China and around the world. The company recently revealed to Air Cargo News it has set the target of increasing revenues ...
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DHL expands airfreight operation in response to Asian demand
DHL Global Forwarding is expanding its round-the-world freighter operation to meet demand growth on Asian and transpacific trades.The forwarding giant said that it would a deploy a second dedicated Boeing 747-400F — ACMI-leased through Atlas Air — to connect the US, Europe and Asia, following on from the launch of ...
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WCA expands presence in China and e-commerce
Freight forwarder network WCA has expanded its presence in China in response to growth of members in the country while it has also appointed a new member of its e-commerce team.WCA has opened a new member support office in Shenzhen, China, as well as hiring former DHL eCommerce international trade ...