Power 25: Stability at the top, churn at the bottom

Stability at the top As expected, DHL Supply Chain and Global Forwarding stands alone and almost untouchable at the top of the pyramid, with nearly 2.25 million tonnes handled in 2017. Kuehne + Nagel was a distant second, but it still managed to increase its throughput by 20 percent, to 1.57 million tonnes. “Overall, you’ve […]
  • Staff Reports
  • May 24, 2018

Power 25: 3 Forwarders to Watch in 2019

CEVA Logistics (No. 13) For the last several years, CEVA Logistics has struggled to control its mounting debt issues. Then, less than a month after its long-awaited initial public offering (IPO) on the Swiss stock exchange in April of this year, the Dutch logistics firm raised about US$1.2 billion and released generally positive figures for […]
  • Randy Woods
  • May 24, 2018

Power 25 Charts: 2017’s largest forwarders by airfreight metric tonnes

About the Power 25 The Power 25 list was compiled with the cooperation of Armstrong & Associates, Inc., a U.S.-based supply chain consulting firm, which ranked the 25 largest forwarders, based on their 2017 air tonnage. Revenue information and tonnage figures for 2017 are either reported by the companies or estimated by Armstrong & Associates. […]
  • Randy Woods
  • May 24, 2018

How are we doing? Tell us now in our annual Reader Survey

Have you’ve ever wanted to tell us what we’re doing right, or what we’re doing wrong? Well, this is the time to make your voice heard to help shape the content of future issues! The most important part of Air Cargo World is you, the valued reader, and we want your feedback in our annual […]
  • Randy Woods
  • May 23, 2018

Panalpina, RIM Logistics join blockchain standards group, BiTA

Today, Swiss forwarder Panalpina and Illinois-based RIM Logistics joined the Blockchain in Transport Alliance (BiTA), an organization of logistics companies that share the goal of developing blockchain standards and technology for the cargo community. Members include industry leaders like FedEx, PENSKE and UPS. Blockchain is an open-source encrypted database – popularized by the cryptocurrency Bitcoin […]
  • Nina Chamlou
  • May 22, 2018

Compass Forwarding begins ‘white glove’ services

Today, New York-based freight forwarding and customs brokerage company Compass Forwarding released its own “white glove” handling service, called Compass Critical, for time-sensitive shipments, catering to its clients in the aerospace, pharmaceuticals, energy and automotive sectors. White glove services – which refer to the special handling of cargo during the “last mile” of handling in […]
  • Nina Chamlou
  • May 21, 2018

Poland’s demand for air cargo forwarding projected to grow

Market analysis firm Ken Research published a 100-page outlook report this week on the state of the Polish freight forwarding sector, suggesting that the country will experience strong growth between now and 2022. According to the report, freight forwarding is the largest revenue contributor in Poland’s logistics industry. According to the report, Poland’s major trading […]
  • Nina Chamlou
  • May 18, 2018

DSV opens new office in Panama’s ‘free-trade zone’

Citing a new surge of growth in air cargo demand across the Latin American and Caribbean regions, Danish supply chain company DSV Sea & Air open the doors today at new office location in Panama City, Panama, a key transit hub well known for its free-trade zones. Located near the strategically Panama Canal, the new […]
  • Randy Woods
  • May 16, 2018

CEVA releases positive Q1 figures, outlines post-IPO strategy

Less than a month after its initial public offering (IPO) on the Swiss stock exchanges raised about US$1.2 billion for the Dutch logistics firm, CEVA released generally positive figures for the first quarter of 2018, and provided some more details about its partial purchase of French shipping company CMA CGM. Adjusted earnings before interest, taxes, […]
  • Randy Woods
  • May 15, 2018

Western Global teams up with Hactl for ground handling on L.A.-to-Hong Kong service

On Wednesday, Florida-based cargo carrier Western Global Airlines launched a new partnership with Hong Kong Air Cargo Terminals Limited (Hactl), which will provide ground handling services for the carrier’s Los Angeles-to-Hong Kong route, in partnership with U.S.-based forwarder Flexport. “Working with Hong Kong’s leading freighter handler, Hactl, will help ensure that we can provide our […]
  • Nina Chamlou
  • May 11, 2018

DP-DHL posts mixed results for Q1 2018

As the first quarter of 2018 wraps up, Deutsche Post-DHL Group reported mixed results over the three-month period, reporting a net-profit drop of 6.2 percent, year-over-year, but an increase in operating profit (EBIT) by 2.3 percent to €905 million. DP-DHL also reported trouble in both the Supply Chain and Post-eCommerce-Parcel (PeP) divisions, but also noted […]
  • Randy Woods
  • May 9, 2018

CNS 2018: Air cargo community faces challenges in executing digitalization

PALM SPRINGS, CALIF. – The issue on everyone’s minds here at the CNS Partnership Conference is the prevalence of e-commerce in today’s logistics industry. The e-commerce boom may be breathing life back into airfreight, but industry leaders are now experiencing major growing pains as a result. To address these concerns, Glyn Hughes, the global head […]
  • Nina Chamlou
  • May 8, 2018

Expeditors goes from strength to strength

US-based forwarder and logistics services provider Expeditors International continues to set the bar for performance in the forwarding business, reporting first-quarter 2018 net income up 45.5 percent year-over-year to $137 million as net revenue rose 20.5 percent to $637 million. Operating income for the quarter was up 32.0 percent to $193 million. All three of […]
  • David Harris
  • May 8, 2018
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