Agility first-half profits up, but feels pressure from lawsuit, rates

Kuwait-based Agility Logistics posted positive results during the first half of the year, as strength in the aviation services and industrial real estate sectors boosted profits. However, the logistics provider also felt pressure from higher airfreight rates and a US$95 million civil lawsuit settlement. Air and ocean revenue in Agility’s Global Integrated Logistics group rose, […]
  • Caryn Livingston
  • August 9, 2017

JD.com opens unmanned sorting center in China to boost e-commerce automation

China’s second-largest e-commerce company, JD.com, continues to take enthusiastic steps to automate and streamline e-commerce logistics, most recently by opening an “unmanned” parcel sorting center in Kunshan, Jiangsu Province, according to a media report on the company’s investor page. This move, following the e-tailer’s recently announced alliance with China’s Inspection and Quarantine Association to expedite […]
  • Caryn Livingston
  • August 9, 2017

UPS to launch Returns Manager tool for e-commerce

Beginning in August, UPS will launch a free online tool giving e-commerce merchants options to customize return shipments. The tool, called UPS Returns Manager, will give merchant customers the option to print return shipping labels directly through the UPS website or at UPS stores. The tool is scheduled to launch on Aug. 14 in the […]
  • Caryn Livingston
  • August 8, 2017

Panalpina scores five-year Iraqi gas project contract

After several years of enduring a slump in oil-and-gas-related cargo, Swiss logistics company Panalpina was awarded a long-term contract by an undisclosed company to manage transportation and logistics for a gas project in Iraq. The contract will run for at least five years and involve 1,800 40-foot equivalent units (FEUs) of less-than-container load oceanfreight as […]
  • Caryn Livingston
  • August 8, 2017

Shanghai Pharma, DHL sign supply-chain agreement

Chinese pharmaceuticals group Shanghai Pharma signed a memorandum of understanding (MOU) with DHL Supply Chain to expand its pharmaceuticals supply chain. Under the MOU, Shanghai Pharma will receive priority access to DHL’s network, including its temperature-controlled life sciences services to Europe. DHL said it will work with Shanghai Pharma to improve the group’s overseas distribution […]
  • Caryn Livingston
  • August 7, 2017

E-commerce adaptation should be evolutionary, not revolutionary

No matter how much we tried to be cool kids in junior high school, there was always a group of cooler kids that the rest of us emulated. They wore the latest fashions, used modern language and smoked when or where no one else could do so. At that stage of life, if the cool […]
  • Brandon Fried
  • August 4, 2017

CEVA Logistics shrugs off rising carrier rates with net earnings increase

Despite challenges presented by higher year-over-year ocean- and airfreight rates, supply chain management company CEVA Logistics posted stronger y-o-y net earnings figures for the first half and second quarter of 2017, supported by productivity improvements in freight management and “new business wins” in the contract logistics segment. First-half adjusted earnings before interest, taxes, depreciation and […]
  • Caryn Livingston
  • August 4, 2017

New CCS-UK module accelerates air deliveries, collections across U.K.

U.K.-based airfreight body CCS-UK has gone live with its CCS-UK Advanced Info module, which allows freight agents and transport companies working on their behalf to pre-alert handling agents about loads being delivered. By automating these processes, CCS-UK Advanced Info is designed to speed up deliveries to, and collections from, transit sheds at London Heathrow Airport […]
  • Lewis King
  • August 3, 2017

DHL expands City Hub electric vehicle program in The Hague

As the next step in its goal to make inner-city deliveries more environmentally friendly, DHL Express expanded its City Hub concept to The Hague, Netherlands, with a new pilot using electric vehicles. The program also includes the first launch of Deutsche Post-DHL Group’s StreetScooter electric van in the DHL Express network. DHL Express first launched […]
  • Caryn Livingston
  • August 3, 2017

Global airfreight demand sees largest increase since 2010

It’s official: Air cargo is booming. With reports in from research firms WorldACD and Drewry, and now IATA, the first half of 2017 saw its strongest freight demand increase since 2010. Yesterday’s IATA report for June indicated an overall improvement in global trade for the month, with year-over-year demand growth of 11 percent. New global […]
  • Caryn Livingston
  • August 3, 2017

Upset the Shopping Cart: Can forwarders survive Chinese e-commerce?

Shelly Lu oversees logistics for a medium-sized Chinese biochemical company that produces some 5,000 tonnes of powder and liquid chemicals each year. “Due to the price-sensitivity of the commodities we manufacture, we ship most of our products by ocean freight,” she explained. But, as is the case with much of the cargo moving by air, […]
  • Charles Kauffman
  • August 2, 2017

Dachser opens Austria logistics center

German logistics firm Dachser broke ground at a new transport and warehousing center in Austria’s Tyrol region, and will begin operations in late 2017. The 20,000-square-meter facility, located in the city of Stans, will replace Dachser’s current site in Hall, Austria. Once completed, the new Tyrol center will include 30 gates and a 4,600-square-meter storage […]
  • Caryn Livingston
  • August 2, 2017

Nevada test puts Hyperloop One’s tech one step closer to deployment (updated)

Hyperloop One’s test vehicle clocked 310 kilometers per hour on a 500-meter track in the Nevada desert, successfully completing “phase two” of the high-speed rail transportation project that the company says could, “be anywhere, move everything and connect everyone.” Lofty goals, indeed. But, hyperbole aside, during yesterday’s test, the company’s XP-1 transportation pod accelerated for […]
  • Lewis King
  • August 2, 2017

The Freight 50: The world’s top carriers return to cargo growth

In an industry as cyclical as the airfreight sector, good news is usually followed by a period of mild trepidation. “If demand is up one month, surely it will fall the next months,” goes the general wisdom of veteran air carrier executives who know how the airfreight rollercoaster works. So, after the bump in airfreight […]
  • Staff Reports
  • August 1, 2017
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