In a bad sign for airfreight, automotive logistics, charter volumes decline

Today, Road Runner Transportation Systems, a key player in the on-demand charter market, reported significant declines in financial performance, a symptom of the woes currently facing the automotive industry.  Road Runner (NYSE: RRTS) revenue dropped 14% and 13% year-to-date. Road Runner’s Active On-Demand segment revenues were down 26%. One third of this reduction — or about $13.4 million — was attributable to the General Motors strike, while the remainder was the result of declines in market […]

Dachser inaugurates automotive facility in Atlanta

Dachser USA has added an automotive competence center to its U.S. regional headquarters in Atlanta to provide dedicated customer service teams capable of addressing logistics issues unique to the automotive industry. The project was launched in February 2019 and follows the German forwarder’s foray into the automotive-dominant Detroit market, and complements a similar facility in […]

ABC inks short-term agreement with Jettainer for special cargo

AirBridgeCargo (ABC) has signed a leasing agreement with Jettainer on a short-term requirement that will grant the carrier access to the company’s fleet of ULDs – addressing demand for transportation of “special cargo,” such as live animals and automotive equipment. ABC said it experienced 25 percent growth in its volumes of special cargoes last year, […]

Virgin Atlantic adds frequency to South Africa for automotive, perishable goods

Citing a rise in demand for automotive and perishable goods in South Africa, Virgin Atlantic Cargo has added a second daily 787-9 widebody service connecting London and Johannesburg. According to Virgin, cargo volumes between the United States and South Africa, via London Heathrow (LHR), have seen an 8 percent rise through the first eight months […]

Dachser expands U.S. presence with Detroit office

Germany-based logistics company Dachser is bolstering its foothold in the American automotive industry with the opening of a Detroit office, its fifth addition in the Midwest region of the United States. “After recently expanding the Cincinnati and Minneapolis offices, Detroit was the next logical step for our Midwest expansion,” said Frank Guenzerodt, president and CEO […]

Auto market demand prompts DHL to triple capacity in Charleston

This week, DHL has invested US$2.2 million in a 16,200-square-foot facility near Charleston International Airport (CHS), which will “shorten delivery times to and from the airport,” and nearly triple the capacity, compared to its previous facility. South Carolina has attracted “some of the largest U.S. automotive manufacturing hubs,” DHL said, referring to makers like Mercedes-Benz, […]

Kerry Logistics expands presence in South Africa

Hong-Kong based 3PL Kerry Logistics has acquired the services of South African forwarding and logistics company, Shipping and Airfreight Services (SAS), to help expand its presence on the African continent. Kerry Logistics will utilize SAS for its air- and ocean-freight shipment, consolidation, charter, warehousing and distribution services as it pursues its goal to “expand its […]

75th Anniversary: Back to the age of flying cars – sort of

Generations of futurists have promised us the concept of the “flying car” for decades, all to no avail. But in 1954, when the car was king, we came pretty close, at the dawn of the Jet Age. It’s only natural that the air cargo industry would merge aviation with the ultimate symbol of American independence. […]

Kuehne + Nagel grows despite ‘stagnating’ air market

In what it called a “stagnating airfreight market,” Switzerland-based freight forwarder and logistics services provider Kuehne + Nagel (K+N) has managed to grow airfreight volume by 5.1 percent, year-over-year, in the first nine-months of 2015. From the period of Dec. 31, 2014 through Sept. 30 of this year, K+N’s operating income (EBIT) for the airfreight […]

GEFCO Group acquires IJS Global

The GEFCO Group which specializes in automotive logistics has acquired Netherlands-based forwarder IJS Global, from private equity firm Nimbus. The two companies said they will combine their expertise and geographic networks. IJS Global was founded in 2004 as an air and sea freight forwarder. With its headquarters in Amsterdam, it employs approximately 500 people, generating US$179.5 […]