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

K+N reports growth in airfreight, invests in U.S. perishables market

Today, Swiss forwarder Kuehne + Nagel (K+N) released its financial results for the first nine months of 2018, which show growth in its airfreight sector of 19 percent to US$272.3 in operating income (EBIT), and a tonnage increase of 16 percent to 1,302 million tonnes, compared to the same period last year. Growth rates have […]
  • Nina Chamlou
  • October 18, 2018

CFS 2018: More e-commerce changes expected in supply chain dynamics, infrastructure

SAN DIEGO – It’s no secret that Amazon has been a major catalyst in the move toward e-commerce, causing logistics companies to rethink supply chains in the 21st century climate. However, it was not until the development of Amazon’s own logistics services branch, Amazon Fulfillment, that the Seattle-based e-tail giant become a competitor for all […]
  • Nina Chamlou
  • October 12, 2018

CEVA board rejects takeover bid from DSV as ‘inadequate’

Yesterday, after Danish logistics firm DSV made an unsolicited, non-binding acquisition bid to CEVA Logistics AG, the CEVA board of directors unanimously rejected the offer of roughly US$28 per share in cash, saying that the bid – totaling about $1.5 billion – was “not in the best interest of the company and its shareholders.” The […]
  • Randy Woods
  • October 12, 2018

UPS’ Cindy Miller on the redefinition of ‘customer experience’ in forwarding

There was a time not long ago when the shipment of goods across an international border was considered a matter of grave, time-consuming importance that may take days to resolve. With e-commerce, those days are gone forever as customer expectations are continuing to be more demanding. The concept of waiting the traditional “five to seven business […]
  • Randy Woods
  • October 4, 2018

Into & Out of Africa: Links to China are rewriting the rules of African airfreight

Mere hours after being offloaded from an inbound flight originating at Guangzhou’s Baiyun International Airport (CAN), a case of cell phones has already been processed through Jomo Kenyatta International Airport’s (NBO) new express center. They now sit at the edge of an off-airport warehouse, waiting for pickup to continue their journey over land. In the […]
  • Molly Thompson
  • October 3, 2018
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