In June, Nobutoshi Torii assumed the role of president and CEO of Japanese forwarder Kintetsu World Express, Inc. (KWE). As a 34-year veteran of KWE, Torii has held numerous roles at the company, beginning in sales for the export airfreight forwarding office in Nagoya, and most recently serving as president,Read More
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Stability at the top For the top four forwarders on the Power 25 list, ranked by tonnage, there was seemingly little change. DHL’s Supply Chain and Global Forwarding divisions led the field, yet again, by a wide margin, with 2.11 million tonnes of air cargo shipped during 2015. However, 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
DHL Global Forwarding, said to be the ringleader in fixing prices and inflating surcharges in the forwarding business between 2002 and 2007, will more than likely be granted immunity from prosecution and fines by the Singapore antitrust authorities, according to Reuters. The Competition Commission of Singapore (CCS) was investigating 11Read More
Within days of each other, two Japanese firms have made plays to more firmly establish themselves in the global logistics sector by announcing plans to acquire two logistics giants in the Asia-Pacific region. Soon after Japan’s Kintetsu World Express said it was purchasing air- and seafreight forwarder APL Logistics fromRead More