Logistics tech provider project44 hits US$48 million in funding

Logistics software provider project44 raised an additional US$35 million in funding to bring its total funding to $48 million. The company will use the funds to expand into ocean shipping and international markets. The goal of project44 is “to power true supply chain visibility, and in turn deliver a faster and more reliable global shipping […]
  • Caryn Livingston
  • April 19, 2018

Agility launches online forwarding platform for SME shippers

Kuwait-based Agility Logistics, a digitalization early-adopter in the logistics space, is introducing another major innovation in its logistics services with the launch of its online forwarding platform, called Shipa Freight. Shipa Freight is fully integrated with Agility’s logistics network and “allows users to complete a shipment completely online,” according to Shipa Freight CEO Toby Edwards. […]
  • Caryn Livingston
  • April 17, 2018

DHL expands U.S. footprint alongside global trade growth

DHL has been expanding its locations around the world to keep up with growing e-commerce and international trade demand, and its most recent expansion in southern California has doubled its intake capacity in Ontario, California. Shipments DHL processes in Ontario focus on international trade and e-commerce, and include documents, small parcels and palletized freight. The […]
  • Caryn Livingston
  • April 13, 2018

Registration now open for Cargo Facts Symposium in San Diego

The wait is finally over!  Registration for the 24th annual Cargo Facts Symposium, to be held Oct.10-12 at its new location, in the Omni San Diego, is now open. Run by our sister publication, Cargo Facts, the Symposium is the premier aviation event of the year. Continuing the success of previous years, the 2018 conference will […]
  • Randy Woods
  • April 10, 2018

Militzer & Münch launches Germany-to-China LCL rail service

Switzerland-based international transport and logistics firm Militzer & Münch (M&M) is the latest firm to add rail capacity between Europe and China with the addition of groupage transports of less-than-container-load (LCL) shipments. The service began in March between Duisburg, Germany, and Wuhan, China, in Hubei province. Several other logistics providers added LCL rail service between […]
  • Caryn Livingston
  • April 10, 2018

CEVA’s long-awaited IPO scheduled for Q2 on Swiss exchange

After months of speculation and years of rumors, the Switzerland-based 3PL CEVA Logistics said today that it is scheduling an initial public offering (IPO) during the second quarter of 2018 and hopes to raise US$1.36 billion, part of which would be used to relieve some of the company’s massive debt loads. In today’s statement, CEVA’s […]
  • Randy Woods
  • April 9, 2018

Van de Weg rejoins Volga-Dnepr Group saying he ‘missed the action’

Today, Robert van de Weg has returned to Russian airline conglomerate Volga-Dnepr Group to fulfill the role of vice president of sales and marketing, where he will oversee the development of AirBridge Cargo, Volga-Dnepr Airlines and Atran Airlines’ positioning within the cargo market. Van de Weg worked at the company for about three years, leaving […]
  • Nina Chamlou
  • April 6, 2018

Bolloré Logistics opens warehouse in Miami-area FTZ

Yesterday, French 3PL Bolloré Logistics opened a new 70,000-square-meter facility in the Miami-Dade County foreign trade zone (FTZ). The new operation will consolidate its existing freight forwarding and contract logistics services into one site. The new location will address demand for cargo-warehousing services from its clients in cosmetics, aerospace and general retail moving through Miami […]
  • Nina Chamlou
  • April 6, 2018

IATA expands CEIV certification program with live-animal version

Today, the International Air Transport Association (IATA) has launched a new certification program called CEIV-Live Animals, that provides an industry standard for the safe handling of animals being transported in the cargo hold of aircraft. The launch is an expansion of IATA’s Center of Excellence for Independent Validators (CEIV) program that ensures compliance to handling […]
  • Nina Chamlou
  • April 5, 2018

Airlink positioning for ‘new heights’ with Smith named CEO

The Board of Trustees for the humanitarian aid group Airlink said this week that they are marking the “next chapter” of their organization by naming Steven J. Smith (left) as their new president and CEO and adding Jon Sharp (below), president and CEO of Engine Lease Finance (ELF), to its 15-member Board of Trustees. According to […]
  • Randy Woods
  • April 5, 2018

Logistics startup Shyp shuts down, citing expansion problems

With so much excitement in the rapidly innovating logistics sector, not every startup that emerges can ultimately meet the sector’s challenges. Most recently, Kevin Gibbon, CEO of ship-on-demand start-up Shyp, announced last week that the company had ended operations. Launched in 2014 in San Francisco, Shyp attracted substantial investor interest, to the tune of US$62.1 […]
  • Caryn Livingston
  • April 2, 2018

Freightos survey says forwarders are running out of time to modernize

Freight forwarders have come a long way toward adopting digital processes over the last three years in anticipation of the e-commerce revolution, but time is rapidly running out for the laggards that have not yet embraced digitalization. A recent study conducted by Forrester Research for online logistics firm Freightos said some forwarders may be out […]
  • Randy Woods
  • March 30, 2018

Top 10 things overheard in Dallas at IATA’s World Cargo Symposium

IATA’s World Cargo Symposium 2018 is now history, but between the 13 separate, concurrent tracks and all the networking that was done by more than 1,100 delegates in Dallas a couple weeks ago, chances are there were several words of wisdom you may have missed, even if you had attended every day. As a refresher […]
  • Randy Woods
  • March 28, 2018

Forwarding helps Kerry Logistics lift revenue and core net profit in 2017

Hong-Kong-based forwarder Kerry Logistics reported today that, in 2017, it increased revenue by 28 percent to US$3.9 million, compared to the previous year, and increased core net profit by 7 percent to $150 million. Of particular note was Kerry’s International Freight Forwarding (IFF) division, which saw a 14 percent rise in profits for the segment, […]
  • Nina Chamlou
  • March 27, 2018
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