K+N’s Scharwath to take helm of recovering DHL Global Forwarding

Earlier this year, Deutsche Post DHL CEO Frank Appel vigorously defended the performance of its troubled Global Forwarding, Freight, division amid rumors that it might be sold at a fire-sale price. Today, Appel’s defense was solidified yet again with the announcement that Tim Scharwath, former   global head of air logistics at Kuehne + Nagel (K+N), […]
  • Randy Woods
  • May 18, 2016

UPS prepares to launch on-demand 3D Printing network

In a move aimed at keeping both its brick-and-mortar stores and expedited delivery services relevant in an increasingly on-demand market, UPS announced plans to integrate 3D printing services into its global logistics network. Starting this summer, customers will be able to access and utilize 3D printers installed in more than 60 UPS Stores, with additional […]
  • Charles Kauffman
  • May 18, 2016

CEVA resists headwinds for continued Q1 growth

Swelling net revenue margins supplanted the impact of lower gross revenues for Netherlands-based CEVA Holdings during the first quarter of 2016. The group’s freight management unit, which includes air and seafreight forwarding, reported a 57.1 percent, year-over-year, jump in EBITDA, to US$10 million, on a constant currency basis. Cargo volumes for both air and sea […]
  • Charles Kauffman
  • May 2, 2016

UPS manages strong growth in Q1 2016

In spite of a reduction in revenue growth due to lower fuel surcharges and currency exchange rates, UPS reported strong growth in net income for the first quarter of 2016, rising 10.2 percent, compared to the previous Q1, to reach US$1.13 billion. Operating profit rose by 9 percent, year-over-year, to $1.82 billion for the same […]
  • Randy Woods
  • May 2, 2016

Astral Aviation plans entry into drone business

Currently known best for the company’s scheduled and charter cargo operations, Kenya-based Astral Aviation is preparing for entry into the drone delivery business as early as next year, according to local sources.  Sanjeev Gadhia, Astral’s CEO, confirmed that his company has set aside US$500,000 to launch humanitarian-related drone services – that is, if Kenya’s Civil […]
  • Charles Kauffman
  • April 28, 2016

Yusen targets intra-Asian e-commerce with Hong Kong cool center

Japan-based Yusen Logistics recently opened a new temperature-controlled facility at the Tsuen Wan Logistics Center in Hong Kong – a move aimed at satisfying the region’s growing demand for e-commerce-fueled food imports from Japan and Europe.  Yusen’s new chilled facility is symbolic of the changing commodity flows moving through Asia. The new 17,000-square-meter center located […]
  • Charles Kauffman
  • April 28, 2016

Will live lobsters no longer be immune to modal shift?

Live lobsters, once thought to be immune from modal shift to oceanfreight, could soon lose their places at airports connecting the trans-Atlantic as new ocean containers with aquarium-like environments may make the long-journey by sea a possibility for live sea creatures. France-based CMA CMG’s new “aquaviva” containers are designed specifically to cut into airfreight’s lucrative […]
  • Charles Kauffman
  • April 26, 2016

Dachser reaps benefits of long-term strategy in 2015

In its year-end report for 2015, Dachser’s Air and Sea Logistics division said it generated revenue growth of 8 percent and contributed a total of €1.6billion to its consolidated revenue for the year. Most of the growth, the company said, came from investments in enhancing efficiency rather than acquisition. “Last year we didn’t significantly expand […]
  • Randy Woods
  • April 22, 2016

CFA 2016: Is airfreight ignoring a trillion-dollar market?

HONG KONG – Airfreight clearly has a major role in servicing e-commerce fueled cross-border traffic in the future, but the conclusion of panelists on “The E-commerce Explosion and Air Freight” session at Cargo Facts Asia 2016, sponsored by our sister publication, Cargo Facts, was that individual players risk being squeezed out of this market unless […]
  • Charles Kauffman
  • April 21, 2016

Airlink begins response to Ecuador earthquake

This week, Airlink, the humanitarian organization that connects nonprofit groups with partner airlines for emergency relief services, has initiated response operations following the devastating 7.8-magnitude earthquake that struck the coast of Ecuador on Saturday evening. The death toll, as of today, has surpassed 400 people, with more than 2,500 injured, according to official estimates. Airlink […]
  • Randy Woods
  • April 19, 2016

Air Cargo World introduces Elevate 2016 conference in Miami

Big data, analytics, digitization and the rise of global e-commerce are changing the face of airfreight logistics forever. To help propel the airfreight industry forward, Air Cargo World is proud to announce the launch of Elevate 2016, the air cargo industry’s first event focused on innovation. Elevate 2016 will take place on October 10 at the Mandarin […]
  • Randy Woods
  • April 18, 2016

Logistics startup Fleet raises US$4 million in seed funding

Fleet, described as an “online marketplace for international logistics,” has raised US$4 million in a seed funding round, led by Hunt Technology Ventures, LP. Designed as an online platform from which freight forwarders can showcase their services, Fleet enables potential customers to connect with forwarders and offers them sales and marketing assistance. Fleet also offers […]
  • Randy Woods
  • April 14, 2016

CNS 2016: What experiences are your customers having?

NASHVILLE — The score so far: Consistency and predictability are better than faster speed. Associations work well with each other, but there’s room for improvement. Electronic air waybills (e-AWBs) are worth the trouble it takes to switch over from paper. And forwarders are actually the segment that’s getting the most out of e-AWBs at the […]
  • Randy Woods
  • April 12, 2016
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