Supply chains – Page 23
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News
Deutsche Bahn prepares for the sale of DB Schenker
Deutsche Bahn is preparing for the sale of its freight forwarding subsidiary DB Schenker as it looks to focus on its core rail business.The rail group said today that it has assigned its management board to examine and prepare the case for a potential sale of up to 100% of ...
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News
time:matters expands same-day network to North Africa
Time-critical logistics firm time:matters has opened a new station in Casablanca to enable the offering of same-day transport in North Africa.The logistics company said that Casablanca - one of North Africa's "most important and major economic regions - would be served 17 times a week with direct connections from Frankfurt ...
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News
K+N launches new airfreight semiconductor offering
Kuehne+Nagel has launched a new offering for airfreight shipments that is tailored to the requirements of global semiconductor supply chains.The offering includes "robust" airfreight capacity, security solutions and is based on the new “SemiconChain” quality standard.The forwarder said that the service includes time-defined services, appropriate handling controls, airside services, prioritised ...
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NewsNetwork Aviation Group opens new global headquarters
Dr Jaclyn Bell and Aled Griffiths. Photo: Network Aviation GroupNetwork Aviation Group has officially opened its new global headquarters in the UK.The new office is located close to London Gatwick Airport, in the heart of Crawley town centre, a 10-minute drive from the airport and a five-minute drive from the ...
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NewsSingapore Airlines extends UK cargo partnership with WFS
Worldwide Flight Services is now providing UK trucking services for Singapore AirlinesSingapore Airlines has extended its cargo partnership with Worldwide Flight Services (WFS) in the UK through a new contract for domestic trucking services connecting 18 regional offline airports.Cargo handler WFS has provided cargo handling for Singapore Airlines in ...
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NewsMenzies Aviation opens new global headquarters in London
His Majesty’s ambassador to the State of Kuwait Belinda Lewis, Menzies Aviation chief executive Philipp Joeinig and Menzies Aviation chairman Hassan El Houry. Photo: Menzies AviationGlobal aviation logistics specialist Menzies Aviation has opened new global headquarters in central London.The new London office in Bloomsbury Square was officially opened by Menzies ...
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NewsForwarders stick with short-term deals as air cargo volumes fall
Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline.The latest statistics from Xeneta-owned CLIVE Data Services show that in November air cargo volumes declined 8% year on year and were down 2% on October, while the dynamic load factor - based on ...
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News
FedEx Express establishes direct commercial presence in Nigeria
FedEx Express has established a direct commercial presence in Nigeria in a bid to meet the country’s growing international shipping demands.The company said that with a direct presence in the country, businesses and customers in Nigeria now have greater access to a wider portfolio of FedEx Express shipping solutions.It added ...
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NewsIATA predicts 4% drop in air cargo volumes next year
Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected to weaken compared with this year's levels.Speaking at the IATA Global Media Day, the airline association's head of policy analysis Andrew Matters revealed its predictions for next year.He said that ...
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NewsLogistics UK’s new head of trade and devolution
Image source: Logistics UK; Nichola Mallon.Logistics UK has appointed Nichola Mallon as Head of Trade and Devolved Policy.With over 14 years of experience working within local government, the devolved Assembly and government in Northern Ireland (NI), Mallon brings a wealth of knowledge and expertise to the team.Kate Jennings, Director of ...
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News
China's air cargo supply chain faces more pressure
Freight forwarders are reporting a mixed picture of the current supply chain situation in China as Covid lockdowns continue following recent protests against the government's pandemic policy.China's pandemic measures are continuing to have a negative impact, although market rates remain similar to the previous week, according to Flexport.“The Covid outbreak ...
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NewsAmerijet eyes further freighter fleet expansion
Fast-growing freighter operator Amerijet has its eyes on further expansion and hopes to double the size of its fleet in the coming five years.The airline has experienced rapid growth in recent months as its fleet has grown from eight aircraft at the start of 2020 to operating 22 today – ...
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NewsWestbound Logistics continues to expand in China
Westbound Logistics Qingdao. Photo: Westbound LogisticsWestbound Logistics has opened a new office in Qingdao as part of its ongoing expansion in China.The new facility is the company's fifth office in the country, following Shenzhen, Shanghai, Hong Kong and Ningbo.Westbound China director Michael Lee commented: “We are very pleased to be ...
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News
Air cargo rates continue to decline in November
Air cargo pricing on some of the world's major trade lanes continued to decline in November, bucking usual seasonal trends.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that spot and contract rates paid by forwarders on services from Hong Kong to North America slipped to an average ...
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NewsIAG Cargo flies charity sports equipment for Pakistan schools hit by flooding
Donated cricket equipment. Photo: IAG CargoIAG Cargo is transporting 1.2 tonnes of donated cricket equipment into Pakistan that are destined for schools affected by recent flooding.The cargo division of International Airlines Group (IAG) is working with the UK Foreign, Commonwealth & Development Office, England and Wales Cricket Board (ECB), Lord’s ...
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NewsMSC Air Cargo prepares for take off as first freighter arrives
Source: MSC Air CargoMSC Air Cargo will soon launch operations as its partner airline Atlas Air has taken delivery of the first freighter that it will operate on behalf of the shipping company.Atlas Air said that is had today taken delivery of a B777-2oo freighter that it will operate on ...
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News
Call for road-air to be allowed for Hong Kong e-cigarette transhipments
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) has called for the easing of a ban on the transport of e-cigarettes due to its impact on the air cargo sector.Earlier today, Hong Kong's Legislative Council (LegCo) Panel on Economic Development met to discuss easing the ban on the ...
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News
DHL: No increase for peak season volumes and flat growth into 2023
Air cargo volumes remain low with peak season volumes unlikely to increase, according to DHL Global Forwarding’s November 2022 ‘Air Freight State of the Industry’ Report.“Volumes (are) expected to witness flat growth even in first two quarters in 2023,” said the report.Most of the major trade lanes experienced year-on-year declines ...
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NewsVirgin Atlantic Cargo flies aid to Pakistan
Haider Choudrey, Bestway Group (L) and Ben Crump, Virgin Atlantic. Source: Virgin Atlantic CargoVirgin Atlantic Cargo has flown more than 20 tonnes of medicines to Pakistan where it will be distributed to victims of the recent flooding and resulting humanitarian disaster.The airline told Air Cargo News the aid was flown ...
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News
Air cargo to join box shipping in 'overcapacity corner'
Air cargo faces a stint in 'overcapacity corner' next year alongside the ocean shipping sector, according to data analyst Xeneta.The data firm, which is parent to CLIVE Data Services, said that weaker volumes and higher capacity would result in overcapacity in air cargo next year.Ocean shipping is also expected to ...