Operating profits rise for DP-DHL Group’s Q1, but airfreight volumes drop

While Deutsche Post-DHL Group (DP-DHL) saw revenues and operating profits rise in the first quarter of 2019, compared with Q1 the year prior, the Global Forwarding, Freight (GFF), division reported airfreight volumes down by 3.9% for the period ending March 31, the fifth-straight quarter that saw volume reduction in the division. For the quarter, DP-DHL […]
  • Randy Woods
  • May 10, 2019

TIACA, Magaya Corp. announce IT partnership

The International Air Cargo Association (TIACA) and logistics software provider Magaya Corp. have partnered together to make Magaya software available to TIACA members. Magaya’s software offers inventory visibility, online tracking, air waybills, bill of lading templates, international shipping documentation and other features for freight forwarders, importers and exporters, and warehouse and distribution centers. The new […]
  • Jeff Lee
  • May 10, 2019

Dachser inaugurates automotive facility in Atlanta

Dachser USA has added an automotive competence center to its U.S. regional headquarters in Atlanta to provide dedicated customer service teams capable of addressing logistics issues unique to the automotive industry. The project was launched in February 2019 and follows the German forwarder’s foray into the automotive-dominant Detroit market, and complements a similar facility in […]
  • Staff Reports
  • May 9, 2019

CNS 2019: CIFFA’s Snowden explains 5 C’s of change in farewell address

MIAMI – In her more than 40 years of active service in the freight forwarding business, Ruth Snowden has seen her share of changes in the industry – many of them hard-fought and slow to emerge. As she prepares to step down from her current role as executive director of Canadian International Freight Forwarders Association […]
  • Randy Woods
  • May 7, 2019

Return to Sender: Is Europe’s cross-border e-commerce boom about to fizzle?

The engines of an ASL Airlines Belgium 747 freighter are cooling down on the tarmac at Liege Airport (LGG), where the aircraft is resting after an 11-hour flight from Ürümqi Diwopu Airport (URC) in China’s far-western Xinjiang province. A crew of neon-vested ground handlers quickly whisk a mix of pallets and containers off the massive […]
  • Staff Reports
  • May 6, 2019

C.H. Robinson reveals mixed Q1 results on lower air income, volume

Reflecting an uncertain market for air cargo and forwarding activities, U.S.-based forwarder C.H. Robinson Worldwide released first-quarter results with some strong revenue figures, along with some lackluster activity in its airfreight sector. For the three-month period ended March 31, C.H. Robinson reported an 8.4% rise in net revenues to US$678.8 million, compared to the same […]
  • Randy Woods
  • May 2, 2019

The Air Cargo Caucus: Our friend in Washington

It’s no secret that air cargo remains a challenging and competitive market. In an industry faced with disruptors and increasing supply chain demands, agility is essential to maintain airfreight’s speed and commercial advantage. Several members of the U.S. Congress who seem to understand this value are now formally coming together on Capitol Hill to spread […]
  • Brandon Fried
  • May 2, 2019

The Silicon Solution? How robots are reinventing the cargo warehouse

At first sight, the machines are not much to look at – hardly like classic robots at all. They’re colorful and sleek, but they look more like expensive suitcases lying on their sides than the most cutting-edge examples of artificial intelligence (A.I.) in the logistics field. But once these little rectangles start moving by the […]
  • Randy Woods
  • May 1, 2019

DSV sees Q1 profits rise, expects Panalpina deal to close in Q3

Danish forwarding giant DSV, which announced earlier this month that it was purchasing Swiss rival Panalpina, released its first-quarter results today, reporting a 5% growth in airfreight volumes, compared to the previous Q1, reaching 170,000 tonnes, due mostly to a rise in exports to the Americas during the quarter. Gross profit in the air segment […]
  • Randy Woods
  • April 30, 2019

CEVA begins new era under CMA CGM with Q1 drop in air volume

Following yesterday’s annual general meeting, CEVA reported its first-quarter results today, showing a 6.9% drop on air cargo volumes, compared to the previous first quarter, plus several corporate structure changes as French seafreight firm CMA CGM begins its governance over the Swiss 3PL. For Q1 of 2019, CEVA said the dip in the air segment […]
  • Randy Woods
  • April 30, 2019

Bolloré to begin global rollout of CargoWise One platform

In a strategic agreement with logistics firm WiseTech Global, French forwarder Bolloré Logistics, said this week it will begin the rollout of the CargoWise One integrated logistics solutions platform on a global scale, starting in May. Currently used in more than 130 countries, CargoWise One is a transportation management system (TMS) that enables customers to […]
  • Randy Woods
  • April 26, 2019

K+N air volumes shrink, but net earnings rise in Q1

Reflecting the general downturn of the airfreight market, first-quarter results from Kuehne + Nagel showed a 3.1% drop in air cargo volume to 409,000 tonnes, despite a 7.3% rise in gross profit and a modest  2.5% increase in earnings before interest and taxes (EBIT). Describing the market as “declining,” K+N said the air unit “developed […]
  • Randy Woods
  • April 25, 2019

Panalpina persists in perishables with purchase of CargoMaster, Laseair

Swiss forwarding giant Panalpina is seeking to increase its already large market share of the South American perishables logistics market by purchasing CargoMaster S.A. in Colombia, and its Ecuadorian subsidiary, Laseair S.A. The companies reached an agreement on Tuesday of this week, but chose not to disclose the financial details of the acquisition. CargoMaster, with […]
  • Randy Woods
  • April 25, 2019

WebCargo, Air France-KLM bring dynamic pricing to air cargo

In a bid to speed up the process of booking freight and broaden the use of dynamic pricing in the industry, Air France-KLM-Martinair Cargo has partnered with Freightos to use the WebCargo airfreight booking platform, which provides forwarders with live rates and capacity availability updates. After completing pilot projects with forwarder Panalpina last month, using […]
  • Randy Woods
  • April 23, 2019
Page 2 of 4012345 102030...Last »