FedEx releases strong 2016 numbers, adds to its 767 fleet

FedEx has beaten analysts’ projections for fiscal year 2016, posting a 7.4 percent fourth-quarter rise in revenues to US$13 billion. The latest numbers round out the year’s revenue total to $50.4 billion, an increase of almost $3 billion over FY2015, and an adjusted net income of $3.02 billion, compared to the $2.57 billion figure from […]
  • Lewis King
  • June 22, 2016

Davies Turner to double capacity of its Bristol, U.K., operation

The U.K.’s largest independent freight forwarding and logistics group said it plans to build a second regional distribution center in Bristol, U.K. The 13,000-square-meter addition to the Davies Turner facility will double the capacity of its Bristol location, providing more than 23,250 square meters of logistics warehousing space. In spite of the premium on real […]
  • Lewis King
  • June 21, 2016

Grim numbers in the 3PL sector for Q1 2016

Organic growth in the third-party logistics (3PL) market is down 8.9 percent, year-over-year, for the first quarter of 2016, according to a report from ARC Advisory Group. These numbers, which do not include the effects of acquisitions, reflect dismal quarterly results from industry heavyweights, such as DHL Supply Chain and Global Forwarding, which declined from […]
  • Lewis King
  • June 14, 2016

The Power 25: Top forwarders grow through acquisition

What’s in a number? For businesses, numbers can provide a fairly accurate picture of the health of a company. In our “Power 25” list of the top global airfreight forwarders, Air Cargo World uses numbers to track the rise and fall of the major players in the market. But numbers only tell part of the […]
  • Randy Woods
  • June 8, 2016

Rickenbacker Revival: How an all-cargo airport found a new spark

For most dedicated cargo airports, their charm has also been their own curse – they look good on paper, but often have trouble succeeding in the real world. By eliminating the clutter of passenger operations to focus specifically on the needs of airfreight, all-cargo airports have been marketed for decades in the United States as […]
  • Charles Kauffman
  • June 7, 2016

Getting I.T. Right: What forwarders can learn from DHL’s struggle

No one ever said it would be easy. But few people thought it would be so hard. DHL Global Forwarding, Freight, the logistics arm of Deutsche Post DHL, had finally determined that it was going to get rid of “Logis,” its legacy IT system that dated back as far as 30 years, patched together from […]
  • Randy Woods
  • June 2, 2016

Kerry Logistics sees opportunities in North America with APEX acquisition

Today Hong Kong-based logistics provider Kerry Logistics completed its acquisition of a 51 percent controlling stake in California-based, full-service freight forwarder, APEX Maritime. Although APEX’s strength is in oceanfreight, with 270,000 TEUs handled in 2015, the deal also has broader implications for Kerry’s airfreight forwarding operations, and expansion into the U.S. market through its increased […]
  • Charles Kauffman
  • June 1, 2016

Improved numbers obscure lackluster performance in April

The latest Drewry East-West Airfreight Price Index hinted that a spring rebound may be in store for air cargo , with their index rising 0.9 points in April to a reading of 80.4, following a 0.3 point gain in March. However, optimism that airfreight would rebound in April after a lackluster first quarter may be […]
  • Lewis King
  • May 31, 2016

DB Schenker Dubai logistics facility reaches full strength

DB Schenker’s new Dubai Logistics City facility has reached 100 percent utility after just two months of operations, and two years after breaking ground on the project. This is the company’s first fully owned facility in the Middle East, and represents the first of three phases of expansion that will ultimately reach 25,000 square meters […]
  • Lewis King
  • May 27, 2016

New climate-controlled storage facility opens at Sydney

Specialist logistics provider B&H Worldwide has opened a new climate-controlled storage facility to support its customers with specialized service requirements at Sydney Airport in Australia. The new facility was built following consultations with customers and their vendors and features temperature, humidity, and contaminant-control capabilities. Regional Director Steve Moralee explained that this development allows B&H to […]
  • Lewis King
  • May 27, 2016

The Power 2015: Stability at the top

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, the leader hardly had an easy […]
  • Randy Woods
  • May 26, 2016

Welcome to the club: First time on the Power 25

Dachser (No. 19) In its year-end report for 2015, Dachser Intelligent Logistics said its Air and Sea Logistics division generated revenue growth of 8 percent and contributed €1.6 billion to the company’s consolidated revenue. Bucking the general trend of 2015, most of Dachser’s growth came from investments in efficiency rather than acquisition. “Instead, we are […]
  • Randy Woods
  • May 26, 2016

Power 25: Three to watch for next year

APEX logistics Founded in 2003, privately-held, China-based APEX Logistics fell just short of making the Power 25 list this year – its 188,000 annual tonnes of airfreight places it at No. 26 on the list – but the young company plans to make a larger dent in the market in 2016. Michael Piza, senior vice president, […]
  • Randy Woods
  • May 26, 2016

Getting I.T. Right: Don’t blame SAP

DHL’s New Forwarding Environment was based on an SAP system, but don’t point the finger at the Germany-based enterprise software giant. Other examples of successful SAP rollouts can be found in many systems – most recently at two Panalpina locations: Singapore and Switzerland. Beginning in December 2015, Panalpina began the rollout of its SAP Transportation […]
  • Randy Woods
  • May 25, 2016
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