Freight forwarders – Page 91
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News
Panalpina Luxembourg licensed to handle organic produce
Panalpina’s hub at Luxembourg Airport has been licensed to handle organic fruits and vegetables by Certysis, an inspection and certification body for organic products.This makes Switzerland-based logistics giant Panalpina the first and only licensed receiver of organic produce at the European hub.Quint Wilken, Panalpina’s regional head of Perishables Europe, said: ...
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Airfreight prices jump in July, but rate of improvement narrows
Airfreight rates climbed again in July as volumes continue to soar and forwarders anticipate a strong peak season, but the rate of growth has narrowed.The latest Sea and Air Shipper Insight report from consultant Drewry shows that the average all-in buy rate across 28 major east-west lanes reached $2.64 per ...
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Alderman-Davis promoted at Ligentia
Lee Alderman-Davis has been promoted to global air director at UK-based supply chain management company Ligentia.Three years ago, Ligentia made a significant investment in a 30,000 sq ft HM Customs approved ETSF warehouse at Heathrow airport.Ligentia’s customers include leading UK retailers, global manufacturers and providers within the defence and mining ...
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DHL forwarding achieves IATA CEIV in Frankfurt and Hamburg
DHL Global Forwarding's airfreight stations in Frankfurt and Hamburg have achieved IATA's CEIV pharma Standard.DHL started to certify its global stations according to the IATA CEIV Pharma Standard in the third quarter of 2016. Its Thermonet Station Leipzig hub was the first to achieve the certification in April this year.The ...
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CEVA adds new Dublin temp control facility
CEVA Logistics has added a new 15,000 sq ft temperature control facility at its airport industrial park warehouse.The new building has been constructed as an insulated building-within-a-building on the city's airport industrial park and will allow the forwarder to "better serve customers with medical products requiring to be kept within ...
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Kohnen replaces FJ Miller at time:matters
Alexander Kohnen has been appointed the new managing director strategy & sales at time:matters, effective November 15.The 40-year-old succeeds Franz-Joseph Miller, who left the company of his own accord on July 1.Kohnen has held various management positions at Lufthansa Cargo since October 2000, most recently senior director industry development and ...
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X2 Logistics Network members team up for AOG airfreight operation
Members of the X2 Logistics Network recently teamed up to urgently airfreight various aircraft parts from around the world to help get a stranded aircraft back in the air.The logistics network came together for the aircraft on the ground (AOG) operation when an Air Asia X aircraft became stuck in ...
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Maersk freight forwarding arm Damco sees $8m loss in 2017 first half
Damco, the freight forwarding and logistics arm of Danish container shipping giant Maersk, reported a $8m loss on turnover of $1.24bn in the first half of 2017, down from a profit of $12m last year, but broke even in the second quarter as airfreight volumes rose.Parent group AP Moller-Maersk (APMM) ...
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Freight forwarders want more detail on post-Brexit Customs proposal
UK freight forwarders would like to see more detail on the government's post-Brexit trade and customs arrangements.Earlier today, the government issued a position paper suggesting that the UK could ask Brussels to establish a “temporary customs union” after it leaves the EU in March 2019.The British International Freight Association (BIFA) ...
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New airline and forwarder air cargo program - IFACP - launches in Canada
Freight forwarder association FIATA and airlines' body IATA have launched their long-awaited Air Cargo Program (IFACP) in Canada.The programme, developed to meet the changing needs of the air cargo industry, will be rolled out globally following the Canadian pilot, and replaces the existing Cargo Agency Program. It will be managed ...
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DHL opens Delhi centre to tap e-commerce boom
Deutsche Post DHL’s eCommerce arm has opened a distribution centre in Delhi as part of a €250m investment in India to 2020.The new facility allows DHL eCommerce to provide online retailers services such as Packet and Packet Plus to enable economical shipments worldwide and DHL Parcel International Direct that offers ...
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More functions for Frankfurt freight system
The Dakosy FAIR@Link Cargo Community Platform at Frankfurt Airport has expanded its range of import and export services.For imports, freight forwarders can now receive flight manifest data from the airlines via the integrated FAIR@Link dashboard, including status reports on incoming flights and air waybills (AWBs), allowing the necessary resources to ...
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SEKO aims to cut supply chain costs using ocean
SEKO Logistics is helping Glasgow, UK-based Peak Scientific to optimise its supply chain with visibility, reporting and cost saving solutions, and by cutting out unnecessary airfreight costs.Peak Scientific, designs, manufactures and supports high performance gas generators for analytical laboratories, now serves customers in two of its major markets, China and ...
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DHL the latest freight forwarder to see margins come under pressure
DHL Global Forwarding is the latest freight forwarder to see airfreight demand and revenues surge during the second quarter, but margins were under pressure as a result of increasing airfreight rates.The Deutsche Post-owned forwarder saw second-quarter airfreight revenues increase by 5.7% year on year to €1.1bn on the back of ...
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Ex-CEVA shareholders launch lawsuit against Apollo Global
A former CEVA Logistics employee has launched a lawsuit against the owners of the company over allegations a group of employee investors were defrauded out of their stake in the firm.In court documents filed in Florida, it is alleged that a group of ex-employees and employees have accused Apollo Global ...
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DHL signs deal to help Shanghai Pharma grow
Shanghai Pharma, one of China’s largest listed pharmaceuticals groups, has signed a Memorandum of Understanding (MOU) with DHL Supply Chain to expand its global logistics infrastructure.Under the MOU, the pharmaceuticals giant – which generated revenues of more than US$18 billion (RMB121 billion) last year – will partner with DHL ...
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Agility airfreight beats the market but net revenue under pressure
Agility’s air freight tonnage grew 14.7% in the second quarter of 2017 – above the market average, said the Kuwait-based forwarding and logistics company.The air cargo performance contributed to a 9.6% increase in revenue for Agility Global Integrated Logistics (GIL), the company’s core logistics business, in the quarter, to 255.2 ...
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NewsAsian airfreight rates on the up, but transatlantic feels the squeeze
Airfreight rates on services from Asia continued to track ahead of last year’s levels in July, while some weakness was noticed on the transatlantic.The latest figures from TacIndex show that airfreight rates on services from Hong Kong to the US increased by 33% year on year in July to reach ...
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Analyst sees upsurge in forwarding mergers
Increasingly disparate financial performance among leading players will lead to more mergers and acquisitions in freight forwarding, says two industry experts.David Kerstens and Hamish Dalgarno, respectively equity analyst and equity associate at investment banker Jefferies International said in a report that there is a growing performance divide in the freight ...
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Ceva maintains momentum in tough airfreight market
Ceva said its air freight volumes jumped 15.6% in the second quarter of the year, notably on the Trans-Pacific and Intra-Asia trade lanes.The Netherland-headquartered forwarding and logistics firm said that although the market situation remains difficult, with rising carrier rates, yields were maintained at relatively high levels.Ceva added that productivity ...