Digital freight forwarder Zencargo raises US$4 million

London-based digital freight forwarder Zencargo today announced the completion of its “seed plus” round of funding, led by LocalGlobe, with participation from Samos Investments and Picus Capital, bringing total funds raised to more than US$4 million for the startup. Zencargo said the money will go toward accelerating its product development process and expand its presence […]

$20M Series A funding for FreightHub as logistics moves online

An all-digital freight forwarder based in Berlin has secured $20 million in Series A funding, underscoring the pace at which logistics operations are moving online. In an era where major forwarding operations mostly have their own sophisticated internal digital forwarding software, FreightHub’s represents an alternative business model, one that benefits from an asset-light approach that […]
  • Lewis King
  • December 15, 2017

Panalpina to expand supply chain management offerings

Panalpina has consolidated its supply chain experts and offerings under one centralized entity called Supply Chain Solutions, saying that it will increase its supply chain team and offerings in the upcoming months. Supply Chain Solutions is “investing in people, IT and infrastructure” to increase flexibility, customization and visibility for customers, said Karl Weyeneth, Panalpina’s chief […]
  • Caryn Livingston
  • December 15, 2017

AirBridgeCargo, DHL Global Forwarding successfully test RKN containers

AirBridgeCargo Airlines (ABC) has completed its multi-modal shipment trial for Deutsche Post DHL Group’s ocean- and air-forwarding arm DHL Global Forwarding, using Envirotainer’s RKN active cargo container. The trial tested the container for delivery of healthcare products from Moscow to Miami using Good Distribution Practice (GDP) cool chain standards. During the trial, which took place […]
  • Caryn Livingston
  • December 14, 2017

Xeneta to expand maritime benchmarking platform into airfreight market

Ocean freight rates benchmarking and market intelligence platform Xeneta plans to expand its price reporting product into the airfreight market, with Xeneta CEO Patrik Berglund saying that “real-time intelligence, understanding and visibility,” were the key to tackling market volatility. Xeneta gathers the real-time global shipping data from a community of over 700 businesses, covering more […]
  • Lewis King
  • December 14, 2017

Delta Cargo’s seventh Europe station receives CEIV-Pharma approval

Atlanta-based Delta Cargo now offers CEIV-Pharma certified facilities at seven locations in Europe following the most recent addition of the carrier’s Dusseldorf station. Delta Cargo’s other European stations to hold CEIV approval include Amsterdam, Brussels, Frankfurt, Milan, Paris-CDG and Rome. The CEIV-Pharma facilities are operated in cooperation with Air France-KLM. Delta is making “significant investments” […]
  • Caryn Livingston
  • December 14, 2017

UPS returns to normal deliveries after cyber week delays

UPS said yesterday that it has returned to normal delivery time-in-transit after a cyber week surge exceeded expectations, causing delays across its U.S. network. UPS expects to deliver about 750 million packages this holiday season – about 40 million more than the 712 million packages the Atlanta-based integrator delivered during the 2016 holiday season. Black […]
  • Lewis King
  • December 14, 2017

Early Christmas shopping boosts U.K. November cargo figures

Christmas came early for United Kingdom airports under Manchester Airports Group (MAG), as East Midlands and London Stansted airports saw record cargo volumes in November with heavy Black Friday and Cyber Monday shopping. At London Stansted Airport (STN), November cargo volumes rose 12.3 percent year-over-year to 25,802 tonnes, while East Midlands Airport (EMA) reported a […]
  • Caryn Livingston
  • December 13, 2017

WFS adds Copenhagen pharma facility

Cargo handler Worldwide Flight Services (WFS) opened a new temperature-controlled facility in Copenhagen to support growing demand for pharmaceutical volumes and WFS’ CEIV-Pharma certification program in Denmark. The Copenhagen facility offers temperature-controlled chambers offering environments from +2◦C to +25◦C. All lanes in the facility are also equipped with electronic rollerbed systems to expedite pharma handling. […]
  • Caryn Livingston
  • December 13, 2017

Japanese consortium launches cross-border blockchain trial

A consortium made up of some of Japan’s largest corporations will demonstrate the applicability of blockchain technology as a way to streamline and upgrade cross-border trade operations. Made up of companies such as IBM Japan and global shipping operator MOL Group, the transport-oriented consortium will input information of trade transactions, using a blockchain-based application. Considered […]
  • Lewis King
  • December 13, 2017

DHL, Air Hong Kong sign 15-year block-space agreement

DHL Express extended its Air Hong Kong (AHK) agreement, which grants DHL Express access to AHK’s overnight air services. The new agreement extends to 2033. As part of the deal, DHL Express and AHK formalized a reorganization announced in July, under which majority owner Cathay Pacific will buy out DHL Group’s 40 percent stake in […]
  • Caryn Livingston
  • December 13, 2017

Growth resumes for Fraport’s airports in November

Fraport Group’s airports saw a rebound in year-over-year cargo volume growth for November, after October’s tepid y-o-y gain of only 0.7 percent at Frankfurt International Airport (FRA). The airport saw a 5 percent y-o-y increase in cargo throughput of 197,615 tonnes in November. Much of the gain was attributed to the large y-o-y gain in […]
  • Caryn Livingston
  • December 12, 2017

DHL Global Forwarding secures CEIV certification for U.S. stations

Deutsche Post DHL Group’s ocean- and air-forwarding arm DHL Global Forwarding (DHL GF) received CEIV-pharma certification from the International Air Transport Association (IATA) for seven of its airfreight stations across the United States. DHL Global Forwarding began the certification process for its global airfreight stations during the third quarter of 2016. Stations in Chicago, Cincinnati, […]
  • Caryn Livingston
  • December 12, 2017

Amazon launches ‘Global Market Place’ in UAE through Souq.com acquisition

Earlier this year, an e-commerce arms race in one of the Middle East’s most lucrative markets pitted United Arab Emirates (UAE)-based property holding company Emaar against Amazon, in a competition for the region’s largest online retailer, Souq.com. Hundreds of millions of dollars later, Amazon won, and yesterday, Souq.com announced the launch of “Amazon Global Store” […]
  • Lewis King
  • December 12, 2017

K+N opens first Logistics Control Center in North Asia-Pacific region

Kuehne + Nagel’s (K+N) first regional Logistics Control Center for Integrated Logistics in North Asia-Pacific, located in Shanghai, is up and running as of this week, managing and fulfilling customers’ orders across the logistics company’s international supply chain operations. The new center has dedicated teams on site to handle contract and transportation management, including logistics […]
  • Lewis King
  • December 12, 2017
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