SEKO Logistics rises up rankings as a “top 10 3PL”
SEKO Logistics has been voted a ‘2022 Top 10 3PL’ in a survey of thousands of buyers of logistics services in North America, capping a year of record growth, which included its biggest-ever global acquisition and the launch of a new ecommerce business unit. SEKO was ranked 4th overall in Inbound Logistics’ annual ‘Top 10 3PL Excellence Awards’, based on more […]
Plans to develop Egypt’s maritime sector
Plans are underway to develop the maritime sector in Egypt. AD Ports Group has signed a Memorandum of Understanding (MoU) with the commercial arm of the Egyptian Ministry of Transportation, the Egyptian Group for Multipurpose Terminals to oversee the development and operation of Egypt’s Ain Sokhna Port and the maritime sector in Egypt. The two […]
UKWA appoints new head of training
The UK Warehousing Association (UKWA) has appointed Jerry Oughton as its head of training. The new role reflects the commitment of the Association to placing skills training and personal development at the heart of a wider strategy to attract more young people into the industry, says UKWA CEO Clare Bottle. “This year’s National Conference was […]
Zeitfracht buys Wingcopter drones for logistics
German logistics and aviation holding Zeitfracht Group and its subsidiary German Airways will be among the first companies worldwide to commercially deploy drones in logistics. In a joint letter of intent with the German manufacturer Wingcopter, the companies have agreed to purchase 17 Wingcopter 198 delivery drones and acquire options to order an additional 115 […]
Logistics industry needs young blood to fill staffing shortfall
Logistics firms at targeting students as young as 14 to create more interest in the profession and fill the staffing shortfall in the future. According to Career Ready head of logistics, Ian Nichol the industry is expected to need an additional 1.2 million employees by 2022 and though it has a ready made training programme, […]
Q3 airfreight volume growth of 11.8% for CEVA
CEVA says it maintained its “positive momentum” in the third quarter (Q3) ending 30 September this year as revenue grew 5.4 per cent, but still remains in the red. In Q3, the freight management division maintained volume growth for its air product at 11.8 per cent versus prior year and CEVA says market volatility in […]
Bollore Group and Bahri pen JV in Saudi Arabia
Saudi Arabian transportation firm Bahri and French freight forwarder and logistics company the Bolloré Group have formed a joint venture (JV) – BahriBolloré Logistics. The JV will provide end-to-end logistics and supply chain management solutions to local and international companies operating in Saudi Arabia. Bahri owns a 60 per cent stake while Bolloré owns the remaining 40 […]
FTA: call for a Brexit transition period ‘huge relief’ to logistics industry
The Freight Transport Association (FTA) has welcomed the call from UK PM Teresa May for a transition period to be a key priority for the talks and says “finally” the logistics message on Brexit is being heard. UK and European Union negotiators met for the latest round of talks in Brussels last week after May […]
IFLN Group launches new IFLN Global Projects network
The International Freight Logistics Network (IFLN) – a global organization of freight forwarders and logistics companies headquartered in Houston – has launched a new IFLN Global Projects network. IFLN president, Michel Vanlerberghe says only cargo agents with experience and a high degree of capability in the field of project forwarding will form part of the rapidly […]
Agility posts tonnage, EBITDA and revenue surges
Kuwaiti logistics firm Agility has seen its earnings before interest, taxes, depreciation, and amortization (EBITDA) in the second quarter (Q2) grow 14 per cent to 32.6 million Kuwaiti Dinar (KD)($107 million) and revenue increase 10.9 per cent to 342.1 million KD. In the first half of the year, net profit was 31.4 million KD up […]
Yusen Logistics expands its services in New Zealand
Yusen Logistics (Australia) has started ocean and airfreight forwarding operations to and from New Zealand servicing its global network and partners. The forwarder says it initially commenced in late 2016 servicing business customers to and from Australia and now offers global coverage that includes logistics services across the entire supply chain. In March 2016, Yusen acquired […]
Strategic partnership penned by Schenker and Sichuan JiuYe Export
A strategic partnership has been penned by DB Schenker and Sichuan JiuYe Export – a China-based B2B food trading company – for cooperation on the logistics and movement of perishables. Sichuan JiuYe provides cross border one-stop supply chain services to agriculture, food e-commerce and food companies in China and abroad. It’s man export market is eastern Europe […]
Dachser investing €6.5 million in new Austrian facility
Logistics provider Dachser is investing €6.5 million in a new 20,000 square metre facility in Stans in Tyrol, Austria. Dachser Austria has held a groundbreaking ceremony for the new terminal, which is scheduled to begin operations in late 2017 and will create 40 new jobs. The logistics center in Tyrol will provide customers with transport […]
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 […]
Call for trade and logistics to be priorities as Brexit talks start
The UK and the European Union (EU) are set to start negotiating the former’s exit from the EU today and the Freight Transport Association (FTA) has repeated its calls for logistics and trade to be priorities. The association wants the Government to keep an open mind in the talks to ensure freight can continue to move […]
Modern Logistics starts B737F operations in Brazil
Brazilian logistics firm Modern Logistics has started freighter operations after receiving permission to operate commercial flights. The company has signed a concession contract for regular scheduled air transport services with Brazilian civil aviation regular ANAC (National Civil Aviation Agency), which awarded it an AOC on 4 April. Modern Logistics is operating a Boeing 737-400 Freighter and has state-of-the-art […]
BIFA urges for Brexit uncertainty not to delay key logistics decisions
British International Freight Association (BIFA) director general, Robert Keen has urged the UK Government not to let Brexit uncertainties delay key logistics infrastructure decisions. The association was commenting ahead of news about whether there will be a Queen’s Speech and the planned start of Brexit negotiations on Monday with the European Union. Keen says: “The goalposts […]
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 […]
Agility sees net profit rise of 11% in Q3
Agility has reported a net profit of 15.17 million Kuwaiti Dinar (KD) ($49.8 million) in the third quarter (Q3) of 2016 – an increase of 11 per cent compared to Q3 of 2015. The Kuwaiti freight forwarder’s earnings before interest, taxes, depreciation and amortisation (EBITDA) was 28.90 million KD, a 19 per cent rise on the same period in […]
GEFCO invests in new supply chain hub in Liverpool
GEFCO UK has today announced a major investment with a new purpose built logistics centre located in South Liverpool, in the North West of England. The £10 million facility will provide logistics and supply chain solutions and help optimise supply chains for GEFCO’s customers. GEFCO says it will help it deliver logistics solutions, by working […]
CEVA posts solid performance in Q3 but still records a loss
CEVA Holdings has reported a solid performance in the third quarter (Q3) of this year as it saw air cargo volumes grow by a double-digit figure. The logistics firm’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter ending 30 September was $75 million, up 19 per cent versus Q2 and flat versus […]
Exhibitors keep faith in logitrans in its 10th year
Exhibitors have kept faith in the logitrans tradeshow as it celebrates its tenth anniversary despite the difficult situation in Turkey. Logitrans will take place from 16 – 18 November 2016 at the Istanbul Expo Center, very close to Istanbul’s Ataturk Airport, the largest airfreight hub in the region. Organiser Messe Muenchen says that despite the […]
Muller to replace Reuter at Dachser from January 2018
Jochen Müller will take over from Thomas Reuter as chief operations officer (COO) of the Air & Sea Logistics business arm at Dachser from 1 January 2018. The 52-year-old will replace Thomas Reuter as COO and during the transition period, Müller will work on developing projects, which he will start on 1 October this year. Reuter will remain […]
Southco renews contract with DHL for four more years
DHL Global Forwarding has had its contract renewed by Southco for another four years to be the firm’s sole global logistics provider. Southco is a provider of engineered access hardware and DHL will work over air, ocean, domestic and customs brokerage services on various trade lanes. DHL Global Forwarding ships a variety of its latches, […]
SEKO Logistics targets e-commerce through investment in Hong Kong
SEKO Logistics has added 100,000 square feet of warehousing and fulfilment capacity in Hong Kong as it continues to build an ‘e-commerce gateway’ for retail and high-tech customers targeting China’s online consumer market, which is forecast to see spending exceed $1 trillion in 2017. SEKO’s latest investment in Hong Kong has seen the opening of […]
CEVA has John West Foods contract renewed
CEVA Logistics renews contract with John West Foods renewed and expanded for an additional three years. CEVA started its partnership in 2007 and says it has seen a 25 per cent increase in throughput since signing the new deal. The operation is based at CEVA’s multi-user site in Mendlesham, Suffolk and includes management of 150,000 […]
Rhenus opens in Dubai and sets up UAE operation
The Rhenus Group has set up its own country organisation in the United Arab Emirates (UAE) and has opened its first business site in Dubai. It operates there through Rhenus Logistics Gulf DWC, a wholly owned subsidiary of the Rhenus Group, which has been operating since 1 May 2016. Rhenus Logistics Gulf DWC specialises in […]
Former Alibaba business guru Guo joins CEVA Logistics
CEVA Logistics has appointed Ching Guo to the role of senior vice president for global contract logistics – technology operations. He will be based in Seattle in the US reporting to chief operating officer for contract logistics, Brett Bissell. Guo joins CEVA from Alibaba where he co-founded the “Village Taobao” business for the development of […]
Agility posts net profit rise, but revenue falls
Net profit rose by 10.9 per cent to 13.1 million Kuwaiti Dinars ($43.4 million) in the first quarter (Q1) of this year at Kuwaiti firm Agility. Agility’s Earnings before interest, taxes, depreciation and amortization was up 12.1 per cent, to 26.2 million KD, compared with Q1 2015. Revenue for Q1 stood at 298.8 million KD, […]