London Stansted enjoyed a busy July with cargo operations benefitting from the chaos at the Channel Tunnel and the passenger side seeing busiest July in seven years, as the launch of Thomas Cook’s trio of new long haul flights and the summer holiday season helped contribute to over two million passengers passing through the airport. Cargo volumes continued to increase with 233,239 tonnes shipped through Stansted in the last year, up 9.4 per cent on the previous 12 months. A total of 20,732 … [Read more...] about London Stansted sees busy July
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Kerry wins Debenhams contract for Middle East
Kerry Logistics has secured a contract with Debenhams, a leading British multinational retailer, to support the department store’s growing export market in the Middle East. Kerry Logistics will handle all airfreight from Debenhams’ distribution centre (DC) in Peterborough, UK, to various destinations in the Middle East, including Dubai, Bahrain, Qatar, Egypt, Jeddah, Saudi Arabia, and Jordan. Additionally, Kerry will provide value-added services at origin including garment re-labelling, … [Read more...] about Kerry wins Debenhams contract for Middle East
Asia by road: DHL extends road network
DHL Global Forwarding has rolled out an integrated road freight network that now links five key Asian cities – Singapore, Penang, Bangkok, Hanoi and Shenzhen. DHL AsiaConnect was launched in 2011 connecting Singapore, Malaysia and Thailand and now links to the existing Vietnam-China corridor. DHL said the new service taps the acceleration of road freight growth in Asia Pacific which is forecast at an anticipated compound annual growth rate of 8.3 per cent from 2014-2019 and expected to drive … [Read more...] about Asia by road: DHL extends road network
Rhenus boosts Japan frequencies
Rhenus Logistics has launched an extended service to Japan, with an increase of its air and ocean freight routes as part of its strategic plan to improve its UK and EU gateways to global markets and following the recent opening of its London Heathrow facility. The company now operates five air freight consolidations per week alongside weekly ocean departures, focusing on exporting consumer goods to its key destinations in Tokyo and Osaka. The service is managed by Rhenus’ four … [Read more...] about Rhenus boosts Japan frequencies
UPS confirms $1.8 billion Coyote acquisition
UPS has announced that it has entered into a definitive purchase agreement to acquire Coyote Logistics, a technologydriven, non-asset based truckload freight brokerage company for US$1.8 billion from its current owner Warburg Pincus. The US express and logistics giant said it expected to close the deal within 30 days to acquire Coyote, which was founded in 2006 and reported annual revenue of $2.1 billion in 2014. David Abney, UPS CEO said: “The brokered full-truckload freight segment is a … [Read more...] about UPS confirms $1.8 billion Coyote acquisition
Asia-Pacific airports see 1H cargo growth of 3%
Airports in the Asia-Pacific and the Middle East maintained steady growth in June 2015, reporting year over year passenger growth of +4.9 per cent and +6.1 per cent respectively, while air freight continued to be impacted by slowdown across Asian export markets. In June 2015, Asia-Pacific recorded a decrease of -0.2 per cent and the Middle East maintained growth at +4.5 per cent from the same period last year. From January to June this year, Asia- Pacific generated cumulative cargo growth … [Read more...] about Asia-Pacific airports see 1H cargo growth of 3%
