Freight forwarders – Page 97
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Appel expects trade to grow despite protectionism
Deutsche Post DHL Group chief executive Frank Appel has outlined the company's financial targets for the year ahead and also voiced his optimism that the rise of protectionism will not hold back trade growth.Speaking at the company's annual general meeting in Bochum today, Appel said the company would aim to ...
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Dachser expands airfreight business in China
Logistics firm Dachser has expanded its airfreight station at Shanghai Pudong Airport Bonded Zone.The Germany-headquartered firm said work on its facility in Shanghai to expand it to 6,000 sq m from 3,000 sq m had now been completed.The expansion allows the company to operate with a two airport gateway strategy. ...
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Panalpina sees airfreight grow but profits under pressure
Panalpina has recorded an above market increase in airfreight demand but in contrast profitability was flat.The first-quarter figures released by the forwarder revealed that airfreight demand during the period increased by 8% year on year to 233,000 tons, driven by Far East trade lanes. This is ahead of the estimated ...
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Emirates SkyCargo explains move away from all-in rates
Emirates SkyCargo has said that customer demand is behind its decision to scrap all-in rates after just two years.The Dubai-headquartered airline told Air Cargo News that it was increasingly hearing from customers that the transparency it had hoped to deliver through the ‘all-in’ mechanism "hasn’t worked as it was intended" ...
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K+N: airfreight growth set to continue
Kuehne+Nagel has revealed that it believes there are no signs indicating a slowdown in the current growth levels being enjoyed by the air cargo industry.Speaking on an analyst call shortly after revealing double-digit percentage airfreight growth in the first quarter, chief executive Detlef Trefzger said that the demand improvements were ...
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K+N grabs air market share in Q1 on pharma and perishables
Kuehne+Nagel (K+N) continued to see strong improvements in its airfreight volumes during the first quarter of the year as it grabbed market share, but profitability was flat.The Switzerland-headquartered freight forwarder saw first-quarter air volumes improve by 15.5% year on year to 350,000 tons, while airfreight turnover increased by 12.6% on ...
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K+N takes aim at oil and gas business with new Aberdeen office
Kuehne+Nagel (K+N) is targeting the oil and gas market with the opening of a new branch office in the Scottish city of Aberdeen.The Switzerland-headquartered freight forwarding giant’s new facility in the city, one of Europe's major oil and gas hubs, will measure 11,000 sq m and is located close to ...
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K+N announces MoU with Alibaba.com to offer global logistics services
Global freight forwarder Kuehne + Nagel has announced a Memorandum of Understanding (MoU) with Alibaba.com, the B2B business arm of China's Alibaba Group, to offer global logistics services.Under the MoU, K+N’s global logistics network will combine with Alibaba’s expertise in B2B e-commerce, to offer China-based shippers e-commerce logistics solutions.In January ...
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Carousel expands with larger aircraft and new destinations
Logistics firm Carousel has announced it will expand its line-haul air cargo operation with a new aircraft and a new destination.Carousel first launched its air cargo operation in September last year with a daily flight between Southend Airport in the UK and Baden Baden in Germany, utilising a Metro III ...
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Another CEIV station for DHL
DHL Global Forwarding's Shanghai station is the latest to achieve IATA's CEIV pharma certification.The certification of Shanghai comes shortly after the forwarder's stations in Dublin and Leipzig achieved the quality award.DHL started to certify its global stations according to the IATA CEIV Pharma Standard in the third quarter of 2016."Following ...
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UK retailer signs up with SEKO Logistics
UK retailer Joules has signed a three-year supply chain contract with SEKO Logistics as it embarks on a global expansion.SEKO will manage Joules’ global supply chain from all its sourcing locations in Asia and the Indian Sub-continent into their distribution centre in Corby in the UK and into the US, ...
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Dachser forwarding business hit by low rates
Kempten, Germany-headquartered logistics services provider Dachser enjoyed a solid improvement in revenue in 2016, but its sea and airfreight business division performed less well.In the Dachser Air & Sea Logistics business area, revenue decreased by 3% year on year to €1.54bn, while the number of shipments handled remained constant.This decrease ...
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Seko Logistics appoints new chief operating officer for Asia
SEKO Logistics has named Tony Barnes as chief operating officer Asia Pacific. He will also lead SEKO’s Global Ocean Product as senior vice president ocean services.Barnes brings more than 25 years’ experience in the shipping, freight forwarding and logistics industry in sales and marketing, business development, operations and general management ...
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Warsaw opening continues Kerry’s European expansion
Hong Kong-based Kerry Logistics Network has opened a new office in Warsaw, Poland as part of its European expansion programme.It will be headed by Diana Sokół, managing director of Poland, who was previously at C.Spaarmann Logistics in Warsaw.Sokół, who holds joint Polish and German citizenship and has extensive knowhow in ...
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Forwarder partners provide Iran and Maghreb link
Forwarders Militzer & Münch and Andreas Schmid Logistik have founded a joint venture, MMAS Eurasia Logistic, to offer regular services to Iran and the Maghreb region of North Africa.The new company plans to offer several departures per week from its base at Gersthofen near Munich to Morocco, Tunisia, Algeria and ...
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Kuehne + Nagel to reinvigorate pharma firm’s global logistics
Kuehne + Nagel (K+N) is to become the air, sea and land logistics partner of pharmaceutical research company Grünenthal and will help the German group reorganise its worldwide transportation network.Grünenthal has production sites in Europe and Latin America and is represented in 32 countries through subsidiaries, while its products are ...
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Nairobi cargo terminal for perishables and dry cargo
A new cargo terminal for perishables and dry cargo is soon set to open at Kenya’s Jomo Kenyatta International Airport in Nairobi, East Africa.Logistics provider Mitchell Cotts commissioned the terminal, opening in September 2018, which will have an annual throughput capacity of 80,000 tons. There are already plans to expand ...
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Yusen Logistics has a customised solution
Japanese-owned forwarder Yusen Logistics has formed a Transportation Solutions Group (TSG) to create customised services for its customers.Offerings will include cargo consolidation and de-consolidation, value-added product handling, forward inventory positioning and customs house brokerage. Managed transportation services will be available including centralised execution and account management, purchase order and vendor ...
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Eight thousand miles for iced tea
The Turkish office of forwarder QualitAir&Sea – a member of the X2 network of logistics companies – recently operated one of the longest ever charter routes with perishable cargo when it moved 40 tons of frozen peaches from China to Mexico, a distance of 7,982 miles.It hired a B777-200F cargo ...
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Drone deliveries take off for DHL
Express delivery firms may still be exploring the potential of unmanned aerial vehicles for their own purposes, but they can also be a lucrative source of business in themselves.DHL’s Global Forwarding air and ocean freight specialist has signed a contract with Chinese consumer electronics exporter, Shenzhen Youkeshu Technologies to transport ...