Kuehne + Nagel acquires two forwarders specialising in perishables
Kuehne + Nagel has expanded its global perishables network with the acquisition of CFI (Commodity Forwarders Inc) an airfreight forwarder of perishables products in the US, and Trillvane Ltd, one of the largest perishables specialists in Kenya. These it says will add more than 150,000 tonnes of perishables to the forwarder’s perishables network and further “strengthens […]
Rhenus acquires Australian freight forwarder
The Rhenus group has bought Australian freight forwarder O’Brien Customs and Forwarding Pty Ltd. The company says it will also have its own national company in Australia, Rhenus Logistics Australia, in future too. No details of the financial aspects of the deal were not revealed. The O’Brien family business handles air and sea freight consignments and provides […]
Kerry Logistics launches rail service between Europe and China
Kerry Logistics has launched a weekly scheduled less than container load (LCL) rail freight service between Duisburg, Germany and Shanghai via the Yiwu terminal in the Yangtze River Delta, China, using its own consolidation containers. Last week, fellow freight forwarder CEVA Logistics also launched a new rail service linking Shilong in southern China’s Guangdong province to […]
CEIV Pharma certificate for CEVA in Singapore
CEVA Logistics has been awarded the International Air Transport Association’s CEIV Pharma certificate at its facility in Singapore. The freight firm’s staff in Singapore have undertaken the training program conducted jointly by IATA and Changi Airport Group, in readiness for the certification. A quality team was established at the company’s facility at the Air Logistics […]
CEVA starts rail service between China and Germany
CEVA Logistics has launched a new rail service linking Shilong in southern China’s Guangdong province to Hamburg in Germany. In conjunction with the Chinese state railway company, the new regular block trains will route Shilong, Manzhouli (China), Zabakalsky (Russia), Brest (Belarus), Malaszewicze (Poland) and Hamburg with a station-to-station lead time of 17-19 days. CEVA’s says […]
Myanmar office opened by CEVA Logistics
CEVA Logistics has opened an office in Myanmar’s capital, Yangon – as part of its strategic expansion in the emerging Mekong markets. For the last five years, CEVA has been operational in the country through a network partner, providing Freight Management services to a number of multinational and local customers. From June 2017, the company […]
DHL Global Forwarding retains place as top forwarder for volumes
DHL Global Forwarding has retained its place as the top freight forwarder in terms of volumes in 2016, according to the latest Armstrong & Associates (A&A) Top 25 Global Forwarders List. A&A says that total airfreight volumes in 2016 across freight forwarders in the top 25 increased by 5.6 per cent on 2015 to 14.5 […]
DSV to build new warehouse in the Netherlands to meet e-commerce demand
Danish freight forwarder DSV is to expand its warehousing facilities in the Netherlands to meet the growing demand for e-commerce business. DSV recently acquired an additional 140,000 square metres of land adjacent to its facilities in Venlo, and the lot is to be developed with a further 83,000 square metre of warehousing. The new facility […]
Panalpina upgrades IT platform in Germany, US next
Panalpina continues to upgrade its new operational IT platform and is in the middle of its roll-out in Germany and the US will be the next country market to be upgraded. The freight forwarder says ocean freight is currently the prime focus and will be followed by airfreight. Germany is already handling the highest number […]
Jaguar Land Rover selects K + N to manage three warehouses
Jaguar Land Rover has appointed Kuehne + Nagel to manage three warehouses in France, Spain and Italy serving continental Europe. The new contract also includes transport management control tower function and customer contact centres for Jaguar Land Rover retailers for the region. The European Aftermarket is seen as being of high importance and Jaguar Land Rover has consolidated its supply chain into […]
How to read and understand your international airfreight bill
How to read and understand your international airfreight bill by Dedola Global Logistics director of operations, Corina Meoño While airfreight shipping has similar terminology or equivalents to ocean freight shipping, there are key differences related to charges and fees. In this article, we take a look at what airfreight charges and fees mean on your airfreight […]
Panalpina to build new 30,000 sqm warehouse in Singapore
Panalpina is to build a new build-to-suit facility in Singapore, which it says demonstrates its continued commitment to a strong and successful logistics platform in Asia-Pacific. Singapore country head of sales, Matthew Gallagher says: “As we celebrate 40 years of doing business in Singapore, this is Panalpina’s largest ever warehousing investment outside Europe in the company’s history.” […]
VIDEO: ATC Aviation CEO Ingo Zimmer
AZura Productions interviewed ATC Aviation chief executive officer, Ingo Zimmer at air cargo europe in Munich last week to discuss the GSSA partnership with the forwarder and airline. World Freight Company (WFC) member ATC Aviation was founded in 1971 in Switzerland and is headquartered in Frankfurt, and has more than 70 airlines in its portfolio. Visit https://www.azuraproductions.com/portfolio-item/atc/ […]
Flexport opens its first warehouses in Hong Kong and Los Angeles
Flexport is opening its first warehouses in Hong Kong and Los Angeles to serve as “fast-paced consolidation and deconsolidation points”. The freight forwarder says it ships more freight between Hong Kong and Los Angeles than any other city pair, so they are a natural starting point for its network of physical logistics centres. It says centres will […]
Yusen Logistics launches pharma gateway in Frankfurt
Yusen Logistics has launched a dedicated pharmaceutical gateway in Frankfurt as it looks to grow business in Europe. This new operation represents the launch of Yusen Logistics’ GDP compliant global pharma airfreight services from Germany and is the latest step in the company’s customer-driven development in the pharma supply chain. The company says Frankfurt’s global network, […]
Airfreight revenues and tonnage rise in Q1 for Expeditors
Expeditors has reported its net revenues increased two per cent in the first quarter (Q1) of 2017 and airfreight tonnage increased by 16 per cent – compared to Q1 last year. The freight forwarder’s net revenues reached $528 million in Q1 this year, up on the $517 million in Q1 2016. Operating income was $146 […]
Panalpina to acquire Kenyan specialist perishables freight forwarder
Panalpina is to acquire Air Connection – a Kenya-based forwarder which specialises in the export of flowers and vegetables. The move comes after Panalpina’s acquisition of Airflo in Kenya in 2016 and only two weeks after the company formally announced the launch of its global Perishables Network. Panalpina will acquire the family-owned Kenyan company Air […]
Kuehne + Nagel launches new airfreight logistics hub in Singapore
Kuehne + Nagel has launched a new airfreight logistics hub in Singapore to meet demand for growth in the area. The new hub is part of Kuehne + Nagel’s growth strategy to drive airfreight logistics excellence, strengthen end-to-end solutions and enhance service offerings to key industries. The new facility went fully operational in early April […]
DSV posts strong Q1 as airfreight grows strongly
Danish freight forwarder DSV says it has posted a “very strong set of Q1 numbers” which brings it closer to its goal of reaching pre-UTi acquisition performance levels and margins. The company released its interim report for the first quarter (Q1) of 2017, its first full Q1 since it acquired US freight forwarder UTi Worldwide […]
Profits slip at Kuehne + Nagel but revenue grows
Profits for Kuehne + Nagel dipped 2.4 per cent in the first quarter of 2017 despite revenue increasing by 7.2 per cent. The company made a profit of 165 million Swiss francs ($165.4 million) in 2017 compared to CHF169 million during the same period of 2016. Net turnover was up from CHF4 billion in the […]
Rhenus targets air cargo in France
German freight forwarder Rhenus has moved to grow its European air cargo operations in recent times and earlier this year its French division was awarded cargo agent accreditation by the International Air Transport Association (IATA). According to the forwarder, it recently enjoyed a boost in demand for its air cargo handling services, and the certification […]
Dachser’s revenue up 1.7% in 2016
Freight forwarder Dachser reports it continued to grow in the fiscal year 2016 – generating consolidated gross revenue of around €5.71 billion ($6.07 billion) – an increase of 1.7 per cent on the previous year. The number of shipments rose by 2.4 per cent to 80 million, and tonnage by 2.4 per cent to 38.2 million […]
Macau and Hong Kong look to strengthen logistics cooperation
Senior air cargo and freight forwarder figures from Macau and Hong Kong are looking to strengthen logistics ties between the two countries and are to set up a task force to make the most of opportunities on offer. Macau International Airport Company (CAM) acting director of logistics and general aviation development department, Frank Wu and Macau Air Freight Forwarding (Logistics) Association […]
Agility grows footprint at Changi in $18.25m investment
Agility has acquired a two-story warehouse close to Changi International Airport – giving it more than 600,000 square feet of warehouse space in total in Singapore. The newly acquired 177,000 square foot warehouse is located in an area with access to an array of logistics services and two major expressways. gility has operated in Singapore […]
Agility reports net profit surge in 2016 but revenue falls
Agility’s net profit grew by 10.6 per cent in 2016 compared to 2015 reaching KD 59.1 million ($193 million) as cost-cutting measure paid off. The Kuwaiti logistics firm’s revenue was down 5.3 per cent to KD 1,234.0 million in 2016 and EBITDA was up 15.4 per cent to KD 115.2 million. For the fourth quarter 2016, Agility […]
Freight forwarding office in Antwerp opened by GEFCO
GEFCO has launched a freight forwarding office and warehouse facility in Antwerp, Belgium, which it says will optimise the movement of air and ocean activities. The branch it explains will reinforce the existing network and strengthen GEFCO’s footprint in the region for GEFCO Freight Forwarding. This is part of the company’s strategy to further develop […]
Panalpina moves highest airfreight volumes in 2016 since 2007
In 2016 freight forwarder Panalpina recorded its highest airfreight volumes since 2007, but it says gross profit margins came under pressure for air and sea. This pressure resulted in lower full-year earnings. EBIT reached CHF 109.9 million (-6.3 per cent)($108 million) and consolidated profit was CHF 80.2 million (-9.1 per cent) in 2016. Panalpina’s airfreight […]
Dimerco strengthens top team as it looks to grow
Dimerco Express Group celebrated 45 years in business earlier this month with a number of appointments it says are aimed at securing the continued expansion of the company’s global network. The freight forwarder says it comes after a strong performance in 2016 when sales revenues increased up by 6.6 per cent comparing to previous year. Announced […]
UTi acquisition boosts DSV’s volumes in 2016
Danish freight forwarder DSV handled 574,644 tonnes of airfreight in 2016 – which represented a growth of 85 per cent on 2015 when it processed 311,193 tonnes. The company puts this down to the $1.35 billion acquisition of US freight forwarder UTi Worldwide, as it now has a strong presence in the US, but UTi also has also contributed […]
Fashion retailer Missguided turns to Kerry Logistics
Kerry Logistics will now handle all international air and ocean services for multi-channel fashion retailer Missguided after penning a logistics contract. The Asian-based company will also provide a range of value-added services and on-the-ground logistics support through its extensive network across the Greater China region and Asia as part of the supply chain partnership. Missguided will make […]