Perishables bear fruit: Why air cargo shouldn’t fear modal shift

The flat peach – also called a Saturn peach or a doughnut peach for its toroid shape – is high in potassium, vitamin A and vitamin C, and has become a popular health snack in many parts of the world. In 2015, flat peach production spiked, reaching more than 200 percent of the average volume […]

DHL opens urban logistics center in Singapore

To prepare for an expected increase in pharmaceutical and high-tech air cargo traffic in the Southeast Asian region, DHL Supply Chain has opened a new logistics center in Singapore that the company said will improve the efficiency of its current operations by 20 percent. The design, DHL said, will be considered a model for its […]

CNS 2016: What experiences are your customers having?

NASHVILLE — The score so far: Consistency and predictability are better than faster speed. Associations work well with each other, but there’s room for improvement. Electronic air waybills (e-AWBs) are worth the trouble it takes to switch over from paper. And forwarders are actually the segment that’s getting the most out of e-AWBs at the […]

WCS 2016: Perishables transport demands attention to quality standards

People tend to be attracted to things that live fast and die young – such is the case with perishable commodities, a topic that has gained enormous attention among air cargo carriers concerned that these high-value commodities are being siphoned off to oceanfreight. At a packed-to-overflowing session, called “Perishables: Flying is Fresh!”, some of the […]

ASEAN single market taking slow route to integration

As the world anticipated the arrival of Jan. 1, 2016, the 10 countries that make up the Association of South East Asian Nations (ASEAN) were poised for a New Year’s Eve party with spe­cial global trade significance. From that date on, goods, services, capital and skilled labor are supposedly flow­ing freely between the borders of […]

Profits improve for K+N on strength of airfreight

Like its fellow Swiss-based rival Panalpina, freight forwarder Kuehne + Nagel ended up with a tidy profit at the end of 2015, in spite of a stagnant cargo market. But unlike Panalpina, which saw a 2.5 percent decline in air cargo volume, K+N’s success came largely from a 4.7 percent increase in airfreight demand top […]

World ACD: Top forwarders lose market share in 2015

While worldwide air cargo volume increased by about 2 percent in 2015, the latest figures from WorldACD Market Data said the top 20 freight forwarders lost some market share for the year, dropping from 44.5 percent to 43 percent in terms of revenue, and from 43 to 42 percent in terms of volume. The Amsterdam-based […]

DSV’s 2015 ended on a high note

According to CEO Jens Bjørn Andersen 2015 was a good year for DSV, one of the first major logistics companies to report financial data for the full year. Andersen said DSV gained market share across all business segments, delivering strong growth in earnings and cash flow. Net revenue of US$7.7 billion was up 4.7 percent […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]
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