DSV acquires fulfillment company S&H, CEO Elshout steps down

Today, Danish freight-forwarder DSV acquired Netherlands-based fulfillment company, S&H, purchasing 100 percent of the company’s shares. In the same statement, DSV said that CEO Hans Elshout has stepped down from his position. In the deal, S&H will remain a distinct unit under DSV’s umbrella, but will take the name DSV Multi-channel Fulfilment. CEO of DSV’s […]
  • Nina Chamlou
  • September 4, 2018

Dubai government-owned ISS shipping to split into forwarding, marine services

The investment arm of the government of Dubai said today that it will split Inchape Shipping Services Holding Ltd. – a shipping company acquired by government-owned investment house Istithmar PJSC in 2006 – into two separate branches: marine services and supply chain logistics. CEO of the Investment Corporation of Dubai, Mohammed Ibrahim Al Shaibani, said […]
  • Nina Chamlou
  • September 4, 2018

Cathay Pacific Cargo sees high return on PDX-HKG connection

Since the November 2016 launch of The Cathay Pacific Cargo direct freighter service between Portland and Hong Kong, our widebody aircraft now cross the Pacific Ocean three times a week en route to Portland, the “City of Roses,” with three additional flights in the summer months, connecting consumers to the brands and products they know […]
  • Fred Ruggiero
  • September 4, 2018

Thai Cargo signs new contract with WFS

Paris-based Worldwide Flight Services (WFS) has expanded its relationship with Thai Cargo by signing a five-year agreement in which WFS will handle Thai’s twice-daily A380 and 777 flights from London Heathrow (LHR) to Bangkok (BKK), as well as regional cargo handling across its United Kingdom and Ireland stations, and trucking network connecting its airport locations. […]
  • Nina Chamlou
  • August 31, 2018

United Airlines to launch daily seasonal EWR-PRG route

This week, United Airlines released news of a new daily seasonal 767-300 passenger route between Prague and Newark that will launch June of next year. Starting June 7, the route will depart Newark at 6:05 p.m., and will return at 10:10 a.m. from Václav Havel Airport (PRG). The frequency may appeal to forwarders in need […]
  • Nina Chamlou
  • August 31, 2018

DB Schenker expands SE Asia presence in Malaysia

Germany-based logistics company DB Schenker has expanded its fifth Southeast-Asian logistics center in Malaysia’s Johor state, following the recent launch of two similar facilities in Shah Alam, Malaysia. The 224,000-square-foot facility, located in the Port of Tanjung Pelepas (PTP) Free Trade Zone, is now in operation, offering clients warehousing, temperature-controlled and ambient storage, distribution and […]
  • Nina Chamlou
  • August 31, 2018

5 industry leaders weigh in on peak season predictions

Following a record-breaking year in demand for air freight, the industry is at the edge of its seat as peak season approaches, bracing for an expected slow-down in growth rates that experts continue to warn of, but has yet to materialize. Carriers and market researches have released mixed results in terms of growth rates during […]
  • Nina Chamlou
  • August 30, 2018

SEKO Logistics, Hermes enter partnership to serve int’l e-commerce

Hermes Germany, the Otto Group’s Hamburg-based parcel delivery company will be taking over U.S.-based SEKO Logistics German subsidiary, SEKO Logistics GmbH, which has offices in Bremen and Frankfurt. Hermes will become the legal successor for SEKO’s German operations effective Sept. 1. The combination of the companies’ existing pool of customers will mean “broader product portfolio[s]” […]
  • Nina Chamlou
  • August 30, 2018

Kerry Logistics’ profits grow by double digits in H1 2018

Today, Hong-Kong based 3PL Kerry Logistics released its H1 2018 interim results, which show a 22 percent year-over-year increase in core net profit to about US$89 million. “Although the world economy experienced growth in H1 2018, global demand has been flat,” said William Ma, group managing director of Kerry Logistics. “Nevertheless, the China-U.S. trade dispute […]
  • Nina Chamlou
  • August 30, 2018

Ethiopian launches first African freighter service to Miami

Yesterday, Ethiopian Airlines launched the first of two weekly freighter flights between Addis Ababa and Miami creating the first-ever cargo-only route between the African continent and Miami International Airport (MIA). The scheduled flights will operate on a route that includes intermediate stops in Spain, Colombia and Belgium, and all flights will employ 777-200LRF freighter aircraft. […]
  • Randy Woods
  • August 30, 2018

Industry consensus: A.I. has greater short-term ROI than blockchain

A study from the supply chain and logistics intelligence organization eyefortransport (EFT) shows that industry professionals perceive artificial intelligence (A.I.) as a better investment than blockchain. When asked to choose among the options of A.I., robotic process automation (RPA), internet of things (IoT) or blockchain, A.I. was the most popular choice among respondents – 33 […]
  • Nina Chamlou
  • August 29, 2018

IATA reports only 2.1% air freight traffic growth for July

Today, IATA released its July report on demand for air freight capacity, which shows a slow-down in year-over-year growth, the slowest pace of growth seen since May 2016, despite members throughout the supply chain showing decent growth during the month. Deputy editor Caryn Livingston investigated for our sister publication, Cargo Facts. Follow the link below to read […]
  • Nina Chamlou
  • August 29, 2018

DHL Express doubles Tucson cargo capacity

DHL Express is investing US$2.8 million in its Tucson hub, this week releasing news of a move to a new service center three minutes from the Tucson International Airport (TUS), which would nearly double the previous facility’s size at about 23,500 square feet. John Fox, vice president and general manager for DHL Express said the […]
  • Nina Chamlou
  • August 29, 2018

Trump meets with Mexico, Canada to discuss NAFTA replacement

Today, President Trump said he will meet with Canadian foreign minister Chrystia Freeland – who is leaving a visit in Europe early to meet in Washington, D.C. – to discuss Canada’s potential role in a developing deal to replace the North American Free Trade Agreement (NAFTA). While nothing in the current NAFTA plan or in […]
  • Nina Chamlou
  • August 28, 2018
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