Freight Forwarders
AIT Worldwide Logistics focuses on organic growth, M&A after PE recapitalization
Illinois-based freight forwarder AIT Worldwide Logistics, which expanded significantly in recent years under the ownership of private equity (PE) firm...
New Year, New Flight Plan: A year into COVID airfreight maintains a new course
What do you do with a successful business model focused on passenger aviation, with cargo along for the ride and...
Charter brokers stand by as prolonged Suez Canal shutdown would mandate pivot to air
Airfreight charter brokers have not yet seen a clear increase in charter requests stemming from the blockage of the Suez...
Kerry Logistics’ International Freight Forwarding division supports 30% revenue growth in 2020
Kerry Logistics Network reported a 64% year-over-year increase in segment profit for its International Freight Forwarding Division (IFF) to HK$1 billion...
Forwarders’ Forum: Keep communication lines open to keep airport lines moving
There has been a great deal of research into the psychology of waiting in line. As it turns out, it’s...
Watch: Geodis and Crane on new markets and opportunities for freight forwarders
In the inaugural session in Air Cargo World's 2021 webinar series, panelists Stanislas Brun, SVP Global Air Freight at Geodis,...
New Geodis, Accenture tool supports retail brands’ move away from third-party platforms
French freight forwarder Geodis has partnered with consultancy Accenture to launch a methodology allowing retail brands to assess their e-commerce...
Geodis’ Stanislas Brun to discuss 3PL expansion strategies in March 10 webinar
Stanislas Brun, senior vice president of global air freight at logistics provider Geodis, will participate in the first webinar in...
Listen: Airfreight rate volatility likely to linger
Kuehne+Nagel Q4 earnings this week saw soaring airfreight rates support revenues for some freight forwarders in 2020 while other transport...
AIT Worldwide leverages European acquisition for trans-Atlantic air consolidation
Illinois-based freight forwarder AIT Worldwide Logistics acquired Germany-based Feige Forwarding in December 2020, and is utilizing the operational synergies gained...
February airfreight rate volatility creates risky environment for forwarders
A recovery in airfreight volumes to pre-pandemic levels in February, combined with continued year-over-year capacity shortages, stand to negatively impact...
Modal shift from sea lifts Kuehne+Nagel air yield in Q4
Switzerland-based Kuehne+Nagel reported Q4 gross profit for its airfreight unit up 16.9% year-on-year to CHF 374 million (US$407 million) despite...
Crane Worldwide’s Keith Winters joins webinar panel on forwarder growth strategies
Crane Worldwide Logistics CEO Keith Winters will participate in the first webinar in Air Cargo World’s 2021 series on “Expanding...
PE firms are feasting on China’s $5.5 billion logistics M&A
Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for...
