Panalpina moves highest volumes in company history

Switzerland-based forwarder and logistics services provider Panalpina ended an eventful year, in which it made some notable acquisitions in the perishables sector, and reported record-breaking volume and profitability. Air freight volume for the full year increased 8.1 percent to a record 995,900 tonnes. While it may be tempting to assume that the figure is evidence that company […]
  • Nina Chamlou
  • March 7, 2018

WCA 2018: How SME forwarders can use Amazon’s tactics for e-commerce

SINGAPORE – During this week’s WCA Worldwide Conference, many speakers have provided detailed description of how they are handling the e-commerce revolution. In his Tuesday keynote address, called “Disrupting Traditional Logistics,” Rick Hernandez, vice president of partner development for global e-commerce at Pitney Bowes, took a step back for a big-picture look at the profound […]
  • Randy Woods
  • March 7, 2018

Accounts Deceivable: Inaccurate billing is costing carriers millions

A major global airline was moving large volumes of high-value, pharmaceutical freight for several customers. Due to the sensitivity of the cargo, the carrier had made significant investments in special temperature-controlled facilities that could accommodate expensive Envirotainers to keep the cold chain intact. After some time, however, the carrier noticed that revenues from the service […]
  • Randy Woods
  • March 6, 2018

WCA 2018: If you can’t beat Amazon, fulfill ‘em

SINGAPORE – Few other names are as sure to pack a conference session room as fast as the word “Amazon.” Such was the case on Tuesday during the second day of e-commerce keynote discussions here at the 10th annual WCA Worldwide Conference, when Rob Donald, director and co-founder of Corten Logistics spoke about his experiences […]
  • Randy Woods
  • March 6, 2018

WCA 2018: 5 things retailers want from e-commerce logistics

SINGAPORE – To kick off the second day of the 10th Annual WCA Worldwide Conference here on Monday morning, which has been dedicated almost entirely to the improvement of the e-commerce supply chain, attendees heard from keynote speaker Chris Folayan, CEO of Mall for the World and Mall for Africa, about the needs of the […]
  • Randy Woods
  • March 5, 2018

A ‘New NAFTA’ could lead to angry Canadian neighbors

To most Americans, Canadians are perceived to be chronically polite and kind. But recently, a decision by the U.S. International Trade Commission defeating the Trump administration’s attempt to impose duties of almost 300 percent on imported jets made by a Canadian manufacturer may be the cause for some uncharacteristic celebratory behavior. The decision may have […]
  • Brandon Fried
  • March 2, 2018

Logistics firm Aeronet opens new facility at EWR

Logistics services company Aeronet Worldwide opened a new station at Newark Liberty International Airport (EWR). The station will serve as a gateway and warehousing facility for domestic and international ocean freight, airfreight, and ground transport, offering expedited services, “specialized White Glove services,” and will serve as a venue for industry trades shows. In recent years, the […]
  • Nina Chamlou
  • March 2, 2018

Clicks, Bricks & Orders: Warehousing gets an e-commerce makeover

  Think about the last time you bought something online. If you live in the United States, you most likely visited Amazon.com, selected the exact product you wanted from a range of similar options, added it to your shopping cart and checked out. From there, the product left one of Amazon’s cavernous distribution centers and […]
  • Caryn Livingston
  • March 1, 2018

Cargo-partner to expand Southeast Asia network into Singapore

Today, logistics service provider Cargo-partner said it will increase its existing Southeast Asia network footprint to include Singapore by opening a logistics center, located 45 minutes from Singapore Changi Airport (SIN) the major hub in the region. The company has been active in its expansion in Southeast Asia since 2004, opening offices in Malaysia, Myanmar, […]
  • Nina Chamlou
  • February 28, 2018

CEVA outlook brightens despite lingering financial woes

Net losses at CEVA Logistics widened over 2017, but the company struck an optimistic tone in yesterday’s earnings report, noting that an increase in its cash-flow boded well for the debt-ridden company. With gross 2017 airfreight revenue up by 19.4 percent to US$1.38 billion, and overall revenues up 5.4 percent to $7 billion, CEVA Logistics’ […]
  • Lewis King
  • February 23, 2018

Agility rides demand for infrastructure, contract logistics to strong 2017

Global demand for warehousing and freight forwarding services pushed Agility Logistics’ fourth-quarter net profits up 22.5 percent to US$64.3 million, with Agility CEO Tarek Sultan saying that all the company’s groups had a “critical year.” Full-year earnings saw similar gains, with net profits up 16 percent to $228.4 million. The Kuwait-based 3PL said that it […]
  • Lewis King
  • February 21, 2018

Forwarder RGW Express expands Poland footprint with new facility

Polish freight forwarder RGW Express, which is also an agent of the U-Freight Group, is expanding its national footprint, opening a larger facility in Warsaw that will enable the company to develop its contract logistics operations. The new facility features 700 square meters of warehouse space and 360 square meters of office space. The expanded […]
  • Lewis King
  • February 19, 2018

JD.com arranges multi-billion-dollar financing for JD Logistics spinoff

And so the competition with Amazon truly begins!  Following U.S.-based Amazon’s launch of an own-operated air freight network (operated by subsidiary carriers of ATSG and Atlas Air Worldwide Holdings Inc.), Beijing-based e-commerce giant JD.com, Inc., announced it was selling a 19.6 percent stake in the logistics subsidiary it spun-out as a standalone company last April, in […]
  • Randy Woods
  • February 14, 2018

Valentine’s Day roses won’t come cheap after Kenya capacity crunch

If you haven’t yet picked up the traditional dozen roses for your significant other this Valentine’s Day, it isn’t too late – but be prepared to pay a premium over even the typical seasonal increase, after an airfreight capacity shortage nearly stranded the blooms in Kenya. As reported in today’s Wall Street Journal, the increase […]
  • Caryn Livingston
  • February 14, 2018
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