Forwarding

Porsche Carrera Cup Deutschland 2017

Agility signs three-year logistics deal with Porsche

May 23, 2017 at 5:34 pm 0 comments

Agility is feeling the need for speed. The Kuwait-based logistics service provider has signed a three-year partnership agreement with Porsche Motorsports for the Porsche Carrera Cup Deutschland (PCCD) racing series. The partnership is a marquee operation for Agility, which works with automotive customers on a spectrum of automotive industry projects.Read More

Cainiao now controls logistics for 81 percent of Alibaba’s domestic orders

Cainiao now controls logistics for 81 percent of Alibaba’s domestic orders

May 19, 2017 at 5:34 pm 0 comments

Embedded within Alibaba’s most recent quarterly results was a clear sign that couriers in China have increasingly aligned their IT platforms with that of Alibaba’s logistics affiliate, Cainiao. As of March 2017, 81 percent of all items sold through Alibaba-owned sites moved through Cainiao’s delivery network. This figure was upRead More

Rhenus to grow outpost count by 10 percent in Asia-Pacific

Rhenus to grow outpost count by 10 percent in Asia-Pacific

May 15, 2017 at 2:21 pm 0 comments

Rhenus Group’s sea- and airfreight division plans to increase its business sites in the Asia-Pacific region by more than 10 percent during 2017. The logistics company is also enhancing interconnectivity between air- and seafreight and overland traffic networks by adding two new gateways in Germany. Sites are set to openRead More

GEODIS sees supply chain as ‘strategic hub’ of companies’ activities

GEODIS sees supply chain as ‘strategic hub’ of companies’ activities

May 15, 2017 at 12:52 pm 0 comments

MUNICH — The recently released GEODIS 2017 Supply Chain Worldwide Survey (SCWS) underscored the evolution of supply chains, from the simple delivery of products to “a crucial lever for business performance.” Trends such as e-commerce require more specialization than ever, which, in turn, drives complexity According to the survey, 74Read More

multilateral e-awb agreement

Divide keeps widening between tech-savvy and traditional forwarders

May 12, 2017 at 5:58 pm 1 comment

The gap between the top-performing airfreight forwarders and those at the bottom, in terms of profit margins, appears to be growing wider, and may continue doing so for the next few years, according to results of a recent poll by Descartes Software and the U.S. Airforwarders Association (AfA). In thisRead More

Expeditors 1Q17: Volume and revenue rise as net income drops

Expeditors 1Q17: Volume and revenue rise as net income drops

May 11, 2017 at 5:16 pm 0 comments

Although Expeditors International of Washington, Inc., transported significantly more air and oceanfreight during 1Q17, compared to 1Q16, Expeditors’ operating margin (operating income as a percentage of net revenue) fell below the company’s 30 percent benchmark, to 28 percent. Of course, most companies would kill for a 28 percent margin, butRead More

Antonov seeks wider global presence with ties to Western suppliers

Antonov seeks wider global presence with ties to Western suppliers

May 10, 2017 at 5:36 pm 1 comment

MUNICH — Antonov Airlines could be the “Cindy Crawford” of the freight forwarding business. Much like your uncle proudly displays a poster of the 1990s supermodel across the mantle of his man-cave, forwarders around the world decorate their offices with pictures of their cargo aboard the maindecks of An-124s; ifRead More

Booming Asia rail trade prompts DHL to open Stuttgart center

Booming Asia rail trade prompts DHL to open Stuttgart center

May 8, 2017 at 5:59 pm 0 comments

If air carriers and forwarders weren’t yet concerned about competition from Eurasian rail cargo connections, they may be after today, when DHL Global Forwarding opened a new “China Rail Competence Center” Germany to better coordinate door-to-door services to customers via rail and truck. Rail freight traffic between Germany and ChinaRead More