In August – two months before SEKO Logistics would sign onto Alibaba.com’s “OnePartner” program – the U.S.-based forwarder opened a 50,000-square-foot warehouse in Hong Kong, following the establishment of another 50,000-square-foot facility in the territory last November. Both of these facilities are aimed straight at e-commerce. The first one targetsRead More
Post Tagged with: "damco"
Freight forwarder Damco, a division of the Maersk Group, had a net operating profit of US$7 million in the second quarter of 2015, the first quarterly profit the company has seen since 2013. Total revenue, year-to-date, was $655 million, a 17 percent decrease from the same period in 2014. TheRead More
The larger you are, the harder it is to shove you aside. This basic fact of physics can be seen in The Power 25, Air Cargo World’s list of the top 25 largest freight forwarders in airfreight, based on tonnage last year. Many of the familiar brawny players – DHLRead More
Swissport International will take over the ground handling at Astana International Airport in Kazakhstan. Airport Management Group, which took over six airports in Kazakhstan earlier this year, signed a memorandum of understanding with Swissport to phase in its services. Additionally a new joint venture, Swissport Kazakhstan, will take over passengerRead More
Cargo traffic and capacity for LATAM Airlines Group decreased by 11.5 percent in April compared to the same month in 2013. As a consequence, the cargo load factor remained flat at 61.1 percent. The decrease in cargo capacity and traffic is a result of a reduced freighter operation driven byRead More
Samuel Israel is Damco’s regional CEO for the Latin America region. Israel has more than 30 years of logistics experience, previously serving as country manager for Mexico at Danzas and as CEO for DHL Global Forwarding Latin America. Before moving to Latin America in 1999, Israel, a French national, heldRead More
Amsterdam Airport Schiphol, the third largest cargo hub in Europe, saw a 1-percent increase in throughput in the first six months of this year. But growth feels “sluggish,” according to Enno Osinga, senior vice president cargo. “Nobody’s talking about the market picking up; it’s just changes in composition,” he says.Read More
Global freight forwarder Damco’s airfreight volumes in the first half of 2013 were up by 14 percent year over year.