Emerging Myanmar will require patience

After more than two decades of isolation, the nation of Myanmar is moving back into the international market. As this Southeast Asian country makes cautious steps towards democracy, the forwarding industry is watching – and waiting – for opportunities to turn Myanmar into the region’s next logistics powerhouse. For some logistics firms, the wait may be […]
  • Ian Putzger
  • February 5, 2016

K+N signs big pharma contract with GSK

Already one of Kuehne + Nagel’s biggest customers, GlaxoSmithKline (GSK) has agreed to have K+N transport raw pharmaceutical materials to trade customers on its behalf at least through 2021. K+N said it was chosen for the five-year partnership because the pharma conglomerate required a global, end-to-end partner with an existing track record with GSK. The […]
  • Staff Reports
  • January 13, 2016

K+N debuts logistics hub near Singapore pharma business

Kuehne + Nagel has opened a 164,000-square-foot logistics hub in west Singapore, located near the island nation’s pharmaceutical and healthcare centers, major manufacturers and ports. The new facility, which will be large enough to serve K+N’s clients in the ASEAN countries, also provides 150,000 square feet of warehousing space. The new facility – the first […]
  • Staff Reports
  • January 5, 2016

French authorities bust 20 courier firms for price-fixing

Here we go again, with yet another case of cargo companies allegedly sharing information that led to price-fixing. The French antitrust authority, Autorité de la concurrence, fined 20 parcel courier companies a total of €672 million (or US$733 million) for sharing information between 2004 and 2010. Most of the anticompetitive activity occurred at meetings held […]
  • Staff Reports
  • December 15, 2015

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 […]
  • Staff Reports
  • October 14, 2015

DSV acquisition of UTi looks like a go for 2016

  If at first you don’t succeed… For the second time in the last 12 months, Danish logistics group, DSV, has made a bid to to acquire U.S.-based UTi Worldwide. This time, the offer was accepted, for US$1.35 billion, or $7.10 cash per each UTi share, representing a 50 percent premium relative to UTi’s closing […]
  • Staff Reports
  • October 9, 2015

S.E. Asia: Long-haul exits fail to faze forwarders

Thai Airways is pulling out of the trans-Pacific market. Effective Oct. 25 the airline is going to terminate its flights to Los Angeles and also scrap its Bangkok-to-Rome service. After the closure of the Bangkok-to-New York route in 2008, this marks the end of Thai’s presence in the United States. The airline’s network is shrinking […]
  • Ian Putzger
  • September 30, 2015

Kuehne + Nagel reports good first half of 2015

Kuehne + Nagel reported strong growth in the airfreight sector for the first half of 2015, leading to a 4.2 percent increase, year-over-year, in net earnings for the period to $342 million, compared to 2014 when it was $328 million. The global logistics firm saw a 5.2 percent increase in airfreight tonnage, to 610,000 tonnes, […]
  • Staff Reports
  • July 15, 2015

K+N buys ReTrans

Logistics firm Kuehne + Nagel has acquired U.S.-based ReTrans, a non-asset freight brokerage provider. With 68 locations and annual revenues of more than US$500 million, ReTrans specializes in intermodal transportation, as well as full- and less-than-truckload services in the United States and Canada. Detlef Trefzger, CEO of the Kuehne + Nagel Group, said the investment […]
  • Randy Woods
  • July 6, 2015

June Stifel index gives airfreight an advantage

Airfreight seems to have the edge on seafreight demand, per the June Stifel Logistics Confidence Index (LCI). Strong airfreight demand drove the LCI to 55.6 points in June 2015, a 0.1 point rise over the same month last year. Meanwhile, the seafreight index for June 2015 fell by 0.9 points compared with June 2014. The […]
  • Staff Reports
  • June 30, 2015

The Power 25 Forwarders of 2015

The larger you are, the harder it is to shove you aside. This basic fact of physics can be seen in The Power 25, Air Cargo World’s list of the top 25 largest freight forwarders in airfreight, based on tonnage last year. Many of the familiar brawny players – DHL Global Forwarding, Kuehne + Nagel, […]
  • Randy Woods
  • June 5, 2015

Confidence booster for air forwarders

The Stifel Logistics Confidence Index released in May reports the air freight index increased 2.5 points to 59.5 in May, 3.8 points higher than May 2014 and 10.6 points more than May 2013. This should be good news for air forwarders as they move through the year. Europe to Asia had the largest increase climbing […]
  • Staff Reports
  • June 4, 2015

Outside help needed to develop digital strategy

MUNICH – Taking on such seemingly straightforward technology upgrades as eliminating paper-based air waybills is apparently a challenge the airfreight industry cannot tackle alone. After 15 years of effort to spread the acceptance of e-freight, we have only managed a 25 percent buy-in from the supply chain. Clearly it’s time to start emulating companies outside […]
  • Randy Woods
  • May 9, 2015

Envirotainer celebrates 500th QEP station at Air Cargo Europe

Envirotainer, the cool-chain container company, raised a toast last Thursday at Air Cargo Europe, in Munich, to celebrate its 500th Quality Envirotainer Training and Quality Program station. The Keuhne + Nagle station will be at Amsterdam-Schiphol Airport. The quality program was started eight years ago to recognize partner airlines, logistics providers, and integrators that properly […]
  • Staff Reports
  • May 4, 2015
Page 5 of 7« First...34567