Pilot Freight Services gains FTZ status, expands El Paso facility

Yesterday, logistics services company Pilot Freighter Services revealed plans to expand its El Paso, Texas, facility to 40,000 square feet upon attaining status as a Foreign Trade Zone (FTZ) from U.S. Customs and Border Protection. The authorization will allow Pilot’s U.S.-based clients to reduce and, in some cases, opt out of customs duties normally associated […]
  • Nina Chamlou
  • April 13, 2018

CEVA’s long-awaited IPO scheduled for Q2 on Swiss exchange

After months of speculation and years of rumors, the Switzerland-based 3PL CEVA Logistics said today that it is scheduling an initial public offering (IPO) during the second quarter of 2018 and hopes to raise US$1.36 billion, part of which would be used to relieve some of the company’s massive debt loads. In today’s statement, CEVA’s […]
  • Randy Woods
  • April 9, 2018

Bolloré Logistics opens warehouse in Miami-area FTZ

Yesterday, French 3PL Bolloré Logistics opened a new 70,000-square-meter facility in the Miami-Dade County foreign trade zone (FTZ). The new operation will consolidate its existing freight forwarding and contract logistics services into one site. The new location will address demand for cargo-warehousing services from its clients in cosmetics, aerospace and general retail moving through Miami […]
  • Nina Chamlou
  • April 6, 2018

DHL débuts e-commerce platform, expands presence in Europe

DHL is further investing in a future dominated by e-commerce, today releasing a digital platform for its e-commerce customers that will allow easy access to the company’s distribution network from a single source. The service underpins the company’s parallel goal of meeting demand for faster shipping, an effort it also intends to address by increasing […]
  • Nina Chamlou
  • April 3, 2018

What will ELDs do to the noble profession of truck driving?

One of the biggest thrills I remember when I was a kid was leaning against the back-seat rear window of my father’s Pontiac Bonneville and gesturing to oncoming truckers to blow their air horns. Once heard, the glee throughout the car was contagious, not only because of the rig’s loud roar but also the impressive […]
  • Brandon Fried
  • April 2, 2018

Freightos survey says forwarders are running out of time to modernize

Freight forwarders have come a long way toward adopting digital processes over the last three years in anticipation of the e-commerce revolution, but time is rapidly running out for the laggards that have not yet embraced digitalization. A recent study conducted by Forrester Research for online logistics firm Freightos said some forwarders may be out […]
  • Randy Woods
  • March 30, 2018

Airfreight rates rise through early 2018

According to the latest figures in Drewry’s East-West Airfreight Price Index, airfreight rates so far in 2018 are bucking the typical pattern of decline following the traditional “peak season” late last year. Rather than easing back as usual, freight rates increased by 3 percent, month-over-month, in February, marking only the second time in six years […]
  • Caryn Livingston
  • March 29, 2018

Top 10 things overheard in Dallas at IATA’s World Cargo Symposium

IATA’s World Cargo Symposium 2018 is now history, but between the 13 separate, concurrent tracks and all the networking that was done by more than 1,100 delegates in Dallas a couple weeks ago, chances are there were several words of wisdom you may have missed, even if you had attended every day. As a refresher […]
  • Randy Woods
  • March 28, 2018

Damco to launch returns service for Asia-Pacific e-commerce

While the continued growth in e-commerce demand that surrounds Chinese giants like Alibaba and JD.com may evoke dollar signs in the eyes of interested parties, there is one major caveat associated with the industry: the rate of returns demanded by customers. In response, international freight forwarder Damco revealed plans today to offer a service that […]
  • Nina Chamlou
  • March 21, 2018

WCS 2018: IATA launches digital tools for dangerous goods declarations

DALLAS – It was a busy conference for dangerous goods (DG) last week at IATA’s World Cargo Symposium. In an effort to encourage electronic management DG handling and improve safety, IATA introduced both its Dangerous Goods AutoCheck (DG AutoCheck) platform and its e-Dangerous Goods Declaration (e-DGD) standards. DG AutoCheck stands as a bridge between the […]
  • Randy Woods
  • March 19, 2018

WCS 2018: Are ‘baby steps’ too slow for perishables market?

DALLAS – Panelists at yesterday’s IATA World Cargo Symposium session covering nonpharmaceutical perishables agreed that the largest challenges currently facing perishables transport relate to a lack of communication between the different players. Solving that problem should be as simple as sharing data across the logistics chain, but unwillingness across the industry to share data among […]
  • Caryn Livingston
  • March 15, 2018

WCS 2018: Making a business case for cargo innovations

DALLAS – Blockchain, artificial intelligence (A.I.), augmented reality, the “internet of things” (IoT) – the formerly lowtech air cargo industry has become clogged with technical buzzwords that few cargo managers seem to truly understand. But at Monday’s Horizon Innovation Workshop, held during IATA’s World Cargo Symposium, moderators sparked an interactive discussion about how technology can […]
  • Randy Woods
  • March 14, 2018

WCS 2018: The cross-border wave is coming – are you ready?

DALLAS – During Tuesday’s e-commerce panel at IATA’s World Cargo Symposium, e-commerce growth was a foregone conclusion, leaving panelists to discuss the more important question — is the air cargo logistics chain ready for the coming wave? “We expect by 2020 we will see a triplification of cross-border flow,” said Liam O’Sullivan, director of operations […]
  • Caryn Livingston
  • March 14, 2018

E-commerce and cross-border underpin 2017 gains at DHL

The Deutsche Post DHL Group’s emphasis on cross-border package shipment and e-commerce seems to be paying off, with a 7.2 percent increase in FY2017 operating profits, at €3.74 billion. The group’s Post, E-commerce, and Parcel (PeP) division posted the largest profits, contributing €1.5 billion to the total haul. Group revenue was up by 5.4 percent […]
  • Lewis King
  • March 8, 2018
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