Kuehne+Nagel, IAG Cargo purchase 8M liters of SAF from UK refinery
Swiss forwarder Kuehne+Nagel and U.K.-based IAG Cargo are partnering to purchase 8 million liters of sustainable aviation fuel (SAF), expected...
Freight Forwarders
Consultant Insight: XPO Logistics may sell its freight forwarding division
XPO Logistics may be considering a sale of its freight forwarding division valued between $400 million and $600 million, according...
Freightos launches free-to-all carbon emissions calculator
Global freight pricing and booking platform Freightos this week launched a free carbon calculator to assist forwarders looking to monitor...
Forwarders expect capacity shortages, elevated rates through 2022
Airfreight market conditions continue to be challenging with varying levels of impact across trade lanes, including capacity shortages, delays and...
Hellmann’s Pottharst joins Air Cargo Tech Summit to discuss geo-location tech
Henning Pottharst, product manager of smart solutions at forwarder Hellmann Worldwide Logistics, will be join the speaker faculty for the...
End of cargo-in-cabin ops will further impact strained capacity
With sanctions placed on Russia-based carriers, lack of capacity will continue to be a key driver for air cargo, especially...
Expeditors Q1 earnings grow 21% despite impact from cyberattack
Seattle-based forwarder and logistics service company Expeditors’ airfreight revenue for the first quarter of 2022 was up 20.6% year over...
DHL Global Forwarding, Freight almost triples EBIT, revenue soars
DHL Global Forwarding, Freight (DGFF) recorded the highest revenue of Deutsche Post DHL's (DPDHL) divisions, including Express, for the first...
As snarls mount, economists take a walk on the supply side
Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and...
Regional Pulse: LatAm demand improvements driven by ongoing Asia-Pacific disruptions
Ongoing disruption in the Asia-Pacific region due to COVID-19 is encouraging shippers to shift to near-sourcing, while loosening restrictions are...
Forward Air more than doubles net income in Q1 despite weaker e-commerce demand
Logistics provider Forward Air, which specializes in expedited linehaul, last-mile, intermodal drayage and specialized temperature control logistics, more than doubled...
DSV’s Air division profits surge 64% in Q1
Danish forwarder DSV reported a 64% year-over-year increase to USD $653 million (DKK 4.6 billion) in gross-profit airfreight revenues for...
Kuehne+Nagel Q1 2022 airfreight earnings climb 103% YoY despite Asia-Pacific disruptions
Switzerland-based freight forwarder Kuehne+Nagel’s gross-profit airfreight revenues for Q1 2022 were up 103% year over year to roughly $850 million,...
Agility’s Shipa Freight to merge with iContainers
Shipa Freight, the Dubai-based digital freight forwarding arm of Kuwait-based Agility, is merging with Agility-owned online platform iContainers to expand...
