Supply chains – Page 28
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News
Airfreight industry will not suffer any “lasting negative impact” from the pandemic
The air cargo industry will not suffer any “lasting negative impact” from the pandemic, an industry expert has said.Speaking at the Scan Global Logistics Air & Ocean Freight Outlook June 2022, Ashwin Bhat, chief commercial officer at Lufthansa Cargo, said that the company believes: “There won’t be any lasting negative ...
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News
Firms to move away from just-in-time supply chains
Companies are making a long-term move away from just-in-time (JIT) supply chains as they look to combat the disruption experienced over the last couple of years.Panellists at the Multimodal conference and exhibition in the UK said that the last few years had seen companies move away from transporting shipments to ...
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News
Forwarders must prepare for airfreight volume crunch, says Airforwarders Association
Better communication is key to managing an oncoming air cargo capacity crunch in the US caused by worsening oceanfreight capacity issues.The forecasted surge in demand for US air cargo capacity will be largely driven by a lack of sailings with ocean suppliers, but air cargo forwarders must “learn to be ...
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NewsGlobal Critical Logistics signs Saudi deal with SAL
Paul Martins, chief executive and president, GCL (right) and Faisal Al-Bedah, managing director and chief executive of SAL . Photo: Global Critical LogisticsLive events service provider Global Critical Logistics (GCL) has signed an exclusive commercial partnership agreement with SAL Saudi Logistics Services.SAL will provide exclusive logistics services to all GCL ...
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NewsForto opens Poland office and appoints country lead
Michael Wax. Photo: FortoForto is further expanding into eastern European markets with a new office in Warsaw, Poland and the appointment Pawel Skwarlo as director of Poland.The provider of digitised freight forwarding and supply chain solutions across air, sea and rail said the location, within reach of Warsaw, Katowice and ...
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News
Asia-Europe capacity is “volatile" against growing demand
Demand continues to be strong out of China, but capacity between Asia and Europe is “volatile” and increasingly limited.This was according to Flexport’s Freight Market Update on June 14, which focused on insights for air and ocean freight on major European trade lanes.Speaking about Far East Westbound airfreight trade, Laurie ...
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NewsLufthansa Cargo opens fine arts warehouse at Frankfurt
Photo: Lufthansa CargoLufthansa Cargo has opened a new 155 sq m fine arts warehouse in the Lufthansa Cargo Centre in Frankfurt.The new facility doubles the space available for curators and collectors of high-value pieces of fine art and is part of the carrier’s ongoing modernisation of its largest airfreight hub ...
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News
Shanghai Covid trucking restrictions see sustained pressure on airfreight
Shanghai is back in business following a Covid lockdown but additional quarantine measures have resulted in trucking restrictions and staff shortages that are further battering airfreight supply chains.Infections recorded following the formal end to lockdown in the city on June 1 has seen some areas return to Covid restrictions, temporarily ...
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NewsFedEx Express expands Asia-Europe connections
Photo: FedExFedEx Express has launched a new route between Asia and Europe, connecting China’s capital Beijing to the FedEx Charles de Gaulle (CDG) Airport hub in Paris, France for the first time with ten connections per week via Osaka, Japan.This new route will benefit businesses as the cut-off time for ...
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NewsDelta Cargo helps ease US baby formula shortage
Photo: Delta CargoDelta will work as part of Operation Supply Formula to fly much-needed baby formula from Europe to the US.Over the course of 13 flights later this month, Delta Cargo will transport a total of 212,000 pounds of Kendamil baby formula from London’s Heathrow Airport (LHR) to Boston Logan ...
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News
DB Schenker opens air cargo facility in the Netherlands
Freight forwarder DB Schenker has opened a new air cargo facility in Eindhoven, the Netherlands to strengthen its operational network within Europe's air cargo supply chain.The freight forwarder said the energy-efficient facility, built with sustainability, in mind was opened on June 8."With its strategic location, cross-dock operation and good connections ...
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NewsDSV and LATAM Group partner to ease Americas supply chain congestion
Photo: DSVDSV and LATAM Group are collaborating to tackle US-Brazil supply chain congestion with a new air cargo service.Tagged as the "LATAM Star", LATAM together with DSV Air & Sea will offer a direct service from Huntsville International Airport in Alabama to Viracopos, Brazil.Mads Ravn, executive vice president, DSV Air ...
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NewsSEKO Logistics delves further into e-commerce with partnership
Photo: SEKO LogisticsE-commerce logistics company MyFBAPrep has become the preferred Fulfilment by Amazon (FBA) service partner for Seko Logistics.The deal will include co-branded products and expands SEKO’s offering to include FBA fulfilment services.This partnership gives MyFBAPrep’s client roster of Amazon aggregators access to SEKO`s global fulfilment warehouses and an additional ...
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News
Maersk completes $644m Senator acquisition as it looks to air cargo
Shipping giant AP Moller-Maersk has completed the acquisition of Senator International for $644m as it looks to boost its presence in forwarding and airfreight.Maersk said that Senator brings with it a well-developed airfreight network comprising own controlled flights and long-term partnerships with airlines, a well-established full container load (FCL) and ...
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News
Rhenus Air and Ocean adds two new Danish locations
German logistics company Rhenus Air & Ocean has expanded its presence in north-west Europe by opening two new business sites in Copenhagen and Aarhus.Rhenus said the two new Danish offices would strengthen connections with the Netherlands, Belgium, Ireland, Norway, and the UK.Prior to this, Rhenus had already added a new ...
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NewsAirfreight volumes fall again in May
General air cargo market volumes fell again in May as the pandemic, Ukraine-Russia war and economic turbulence continued to take their toll.According to Xeneta’s CLIVE Data Services, general air cargo market volumes fell 7% year-over-year in May, following on from declines in April and also in March.Airfreight demand for May ...
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InsightsSwissport embraces growth and green logistics
Swissport is demonstrating how ground handlers can go green and decarbonise while simultaneously growing their air cargo handling businesses.Active at 285 airports in 45 countries across six continents at the end of 2021, Swissport is a major air cargo handler.The air cargo segment comprises 25% of the business, although last ...
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Insights
Top forwarders not expecting globalisation to end
Global supply chains have been battered by constant disruption for more than two years, leading some to warn that there could be an upswing in nearshoring.First there was the Covid outbreak, then capacity challenges across all modes of transport, issues with worker shortages due to quarantine requirements, the impact of ...
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NewsFast growing freighter airline mas expands network to China
Source: masMexico-based freighter airline mas has added flights to China for the first time as it continues its network expansion.The new service will operate between Mexico City International Airport and Zhengzhou Xinzheng International Airport twice per week, before increasing to three times per week in July.There are also plans to ...
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News
Shanghai port congestion could pile on airfreight pressure
Covid lockdown measures in Shanghai are drawing to a close but a backlog of shipping containers at the Port of Shanghai could once again fuel airfreight congestion and demand.In its May 24 airfreight update for North China, Flexport said that businesses are reopening after Covid curtailment measures forced them to ...