Australasian ITM, Pengellys added to WACO forwarding network

The international freight network for independent forwarders known as the WACO System has accepted two new companies into its network: Melbourne-based International Trade Management (ITM) Pty Ltd. and Auckland-based Pengellys. Both companies facilitate supply chain and logistics services in the China-Australia trade lane, and have offices in Australia and China. “ITM looks forward to working […]
  • Nina Chamlou
  • November 9, 2018

BDP International introduces ‘Smart Tracking’ through Amazon’s Alexa

In response to customers’ increased use of – some might say “unhealthy obsession with” – virtual assistant technologies, global logistics firm BDP International today began offering shipment tracking services using Amazon’s voice-automated “Alexa” technology. Philadelphia-based BDP International said it is the first freight forwarder to offer Alexa-accessible international tracking services. The new international tracking service […]
  • Chelsea Toczauer
  • November 8, 2018

B&H Worldwide opens new Singapore FSL for FL Technics

Responding to increasing demand for inventory in Asia, aerospace logistics firm B&H Worldwide is opening a new forward stocking location (FSL) on behalf of FL Technics at Singapore Changi Airport (SIN). B&H has built up its Singapore location as a strategic hub for its Asian operations. The B&H location, within SIN’s Airport Logistics Park of […]
  • Chelsea Toczauer
  • November 8, 2018

Expeditors reports record net income for Q3

U.S.-based forwarder and logistics services provider, Expeditors International, reported record-high third-quarter profitability, including the highest quarterly net revenue and operating income in its history. During Q3 for 2018, net income was up 35.2 percent, year-over-year, to US$163 million, while net revenue increased 10.4 percent to $661 million. Operating income for the quarter was up 8.7 percent to […]
  • Randy Woods
  • November 8, 2018

SkyLease freighter skids off runway in Halifax, injuring 4 [VIDEO]

A 747-400 freighter, operated by Miami-based SkyLease Cargo, skidded off the runway while landing at Halifax Stanfield International Airport (YHZ) in the early morning hours of Nov. 7. The four crewmembers aboard the widebody all suffered minor injuries and were taken to a local hospital and are expected to recover. The aircraft (N908AR) came to […]
  • Randy Woods
  • November 7, 2018

More troubles from PeP dampen Q3 gains for Deutsche Post-DHL

In the third-quarter report released yesterday by Deutsche Post-DHL (DP-DHL), the group presented significant rises in its operating profits, or earnings before interested and taxes (EBIT), for its Express, Global Forwarding and Freight, and Supply Chain segments. However, lackluster numbers from Post-eCommerce-Parcel (PeP) division were enough to dampen the overall tone of the announcement. DP-DHL’s overall EBIT for Q3 fell by 54.9 […]
  • Randy Woods
  • November 7, 2018

British forwarders see demand increase during usually slow time of year

The United Kingdom-based logistics community is experiencing the first subtle waves of the disruptions to the supply chain sure to come with Brexit, according to one regional forwarder Davies Turner. The company said it is experiencing an unseasonal bloat in demand for warehousing capacity for early 2019 – which is normally a slow period following […]
  • Nina Chamlou
  • November 6, 2018

Working Overtime: How air cargo is adapting to ACAS, ELD rules

It’s the second day of the two-to-three business days your customer was told to expect to wait for the critical machine parts delivery. You’d promised the factory owner that the parts that would keep the production line running would arrive by Monday, and now you’re starting to sweat a little. You’re based in Germany and […]
  • Nina Chamlou
  • November 5, 2018

Amid political chaos, some hope from above for cargo security

Despite the political discord in Washington, D.C., aviation stakeholders need only look up to the sky for some bipartisan relief as the U.S. Congress passed legislation for funding the Federal Aviation Administration (FAA) for the next five years. Every few years, Congress is required to enact legislation that sets the FAA’s funding levels and policy […]
  • Brandon Fried
  • November 2, 2018

Bridges Worldwide introduces new Mediterranean routes from Cologne

Today, British networks solutions provider Bridges Worldwide launched a new intra-European route linking Cologne Bonn Airport (CGN) with Malta and Larnaca, Cyprus. The new route has five flights per week and will be flown by a 737-400F owned by Spanish cargo specialist Swiftair, with cargo capacity of 20 tonnes per flight. The route is the […]
  • Chelsea Toczauer
  • October 31, 2018

U.K. releases new budget plans, BIFA reacts with concern

The United Kingdom made another baby step forward in its preparations for Brexit yesterday, as British Finance Minister Philip Hammond delivered what is said to be the U.K.’s final budget before its membership with the European Union is severed next spring. Reaction from British International Forwarders Association (BIFA), however, was mixed. The plan proposes changes […]
  • Nina Chamlou
  • October 30, 2018

Panalpina reports Q3 contractions, anticipates further challenges

Swiss forwarder Panalpina’s third-quarter financial results show the company is being affected by “macroeconomic uncertainties,” CEO Stefan Karlen said. Its cross-segment profit during the quarter declined by about 19 percent to US$14.9 million, compared to US$18.5 million during the same period last year. The company said the air freight segment’s margins have been impacted by […]
  • Nina Chamlou
  • October 25, 2018

Supply Chain & Freight segment drives Q3 growth for UPS

Today, in UPS’ earnings call for its third-quarter 2018, the company reported consolidated net income of US$1.5 billion – a 19.8 percent increase from the same period last year, driven by growth in its Supply Chain and Freight segment. Operating profit (EBIT) specific to Supply Chain and Freight was up 24.1 percent to $242 million, […]
  • Nina Chamlou
  • October 24, 2018

Top 4 observations from TIACA’s Air Cargo Forum

Last week, TIACA’s Air Cargo Forum in Toronto concluded with about 4,000 attendees and 300 exhibitors in attendance after three days of what many agreed was a productive three days of meetings, networking and sharing of ideas about air cargo’s future. During that time, several announcements were made, such as the signing of a memorandum […]
  • Randy Woods
  • October 23, 2018
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