Consultant Insight: Forwarders end 3Q uncertain of what 2020 may bring

Declining volumes, profit improvements and a pessimistic outlook for 2020 pretty much sums up the latest earnings reports from major freight forwarders. Earnings reports from Kuehne + Nagel, DSV Panalpina, Expeditors, C.H. Robinson and DHL Global Forwarding and Freight were reviewed and while there was some positive news, overall, there is concern for the freight […]

C.H. Robinson reveals mixed Q1 results on lower air income, volume

Reflecting an uncertain market for air cargo and forwarding activities, U.S.-based forwarder C.H. Robinson Worldwide released first-quarter results with some strong revenue figures, along with some lackluster activity in its airfreight sector. For the three-month period ended March 31, C.H. Robinson reported an 8.4% rise in net revenues to US$678.8 million, compared to the same […]

Congestion at U.S-Mexico border worsens

As the United States continues its national debate on immigration policies, congestion at the U.S.-Mexico border continues to worsen, causing increasing delays for cargo shipments.   This week, cargo wait times – which already jumped from 50 minutes to up to 7 hours at certain ports last week – have now reached between 9 and 10 hours at certain ports.  […]

Increased wait times at U.S.-Mexico border may compel modal shift to air

Last week, the United States President Donald Trump suggested the potential complete closing of the U.S.-Mexico border. This rhetoric exacerbates uncertainty among shipping companies involved in cross-border freight movements, after the issue had previously been considered largely resolved with the creation of the United States-Mexico-Canada Agreement (USMCA) to replace NAFTA. To address the new uncertainty, logistics companies, such as U.S.-based C.H. Robinson, are advising consideration of alternate modes of […]

Cracking the Customs Code: Can customs clearance ever be automated?

Imagine you’re a forwarder handling the logistics needs of an up-and-coming e-tailer in the Latin American market, that sources goods from China. Your client is intent on offering customers the same delivery windows as the Amazons and the Alibabas of the world: less than 72 hours between the time a customer places the order on […]

C.H. Robinson expands network with acquisition of Spanish Space Cargo Group

Yesterday, U.S.-based forwarder C.H. Robinson inked an agreement for the purchase of The Space Cargo Group, based in Spain, for US$48 million in a move that will further expand its international network, especially in Spain and Latin America. Like C.H. Robinson, Space Cargo Group provides ocean and airfreight forwarding, customs brokerage and other logistics services. […]

C.H. Robinson’s Q4 profits rise, but perishables disappoint

C.H. Robinson, one of the largest North American freight companies, today reported strong growth in the fourth quarter of 2018 and the full year, but delivered disappointing results in its perishables segment. Overall revenue increased 4.5 percent, to US$4.1 billion in Q4, while net revenues rose 13 percent to $713.8 million, compared to the previous […]

3 logistics companies weigh in on the potential of a ‘no-deal’ Brexit

With peak season upon us and the Brexit deadline creeping ever closer, the anticipation surrounding the potential impact to affected supply chains connecting the United Kingdom to the European Union. is growing uneasily. At present, there have been few updates from U.K. or E.U. officials regarding their progress on trade negotiations, leaving the logistics community […]

Power 25: 3 Forwarders to Watch in 2019

CEVA Logistics (No. 13) For the last several years, CEVA Logistics has struggled to control its mounting debt issues. Then, less than a month after its long-awaited initial public offering (IPO) on the Swiss stock exchange in April of this year, the Dutch logistics firm raised about US$1.2 billion and released generally positive figures for […]

Perishables Power Play: How forwarders are adapting to e-commerce disruption

Less than three hours after the chartered 747-8 freighter, named “The Spirit of Panalpina,” touched down at the U.K.’s Stansted Airport, the last load of frozen guacamole was in the hands of the customer in Braintree, Essex. The pale-green concoction of fresh mashed avocados, tomatoes, onions, garlic and other spices was chilled to precisely -18°C, […]

Blown Away: Reconnecting broken supply chains

On a Tuesday in Mexico City, employees at DSV Air & Sea, S.A. de C.V. were in the middle of a normal workday in the head office when a 7.1-magnitude earthquake struck, killing more than 350 people. “People were scared, running in the street,” said Torge Koehnke, vice president for Latin America with DSV Air […]

Blown Away: Big data for disaster avoidance

A common industry theme in how best to face disaster scenarios like the recent hurricanes is to use emerging technology offerings to make informed, intelligent decisions ahead of time wherever possible. Some of the available options include Resilinc, DHL’s Resilience360 and C.H. Robinson’s Navisphere, which use big-data analysis and real-time information updates to help shippers, […]
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