Transport and logistics company Gebrüder Weiss is further expanding its land transport network in southern Germany with the acquisition of Bayreuth-based WEDLICH.Logistik-Transport-Umzug GmbH. The acquisition of the family-owned company, with retrospective effect as of 1 January 2023, will see around 100 people join Gebrüder Weiss. Wedlich was founded in 1946 and operates a modern logistics facility in Bayreuth with a handling and storage area of 15,000 sqm, and another 15,000 sqm in … [Read more...] about Gebrüder Weiss expands truck network in Germany
Freight Forwarders
Here’s ‘paperless’ way to ship for Europe-Asia by air
A “paperless' lane for air freight between Germany and Hong Kong has successfully been established by Lufthansa following the first few weeks of trials which resulted to 100 percent of general cargo shipments processed digitally. 100 percent means not only the electronic air waybill, but also accompanying documents and paper pouches. This is the first of its kind in the air corridor between Europe and Asia, according to Lufthansa Cargo and Kuehne+Nagel, who are moving jointly forward in … [Read more...] about Here’s ‘paperless’ way to ship for Europe-Asia by air
AI-first Raft earmarks US$30m funding for R&D
Logistics startup Raft, formerly known as Vector.ai, completed its series B funding round on 11 July, raising $30 million in investment, which the company has earmarked for R&D. Founded in 2017, the company helps key players in the logistics industry apply AI or artificial intelligence to their daily tasks and customer interactions. Its intelligent logistics platform helps automate the execution of over 300,000 shipments each month Raft said the fresh capital infusion will be used to … [Read more...] about AI-first Raft earmarks US$30m funding for R&D
India’s forwarders tap Kale to adopt e-FBL solution
Forwarders in India have deployed a new platform that could help transform the ease of doing business and reduce the logistics costs for the country’s local players. The Federation of Freight Forwarders' Associations in India (FFFAI) launched India's first interactive electronic FIATA (International Federation of Freight Forwarders Association) Bill of Lading (e-FBL) initiative hosted on the CODEX platform, developed by Kale Logistics Solutions. The platform, launched on 9 June, will allow … [Read more...] about India’s forwarders tap Kale to adopt e-FBL solution
Gebrüder Weiss acquires forwarder B+A
Gebrüder Weiss is expanding its German network as it completed the full acquisition of Nuremberg-headquartered B+A Luft- und Seefrachtspedition GmbH. The new subsidiary, which specializes in import and export of groupage freight containers between Asia and Germany, has been integrated as of 27 June 2023. “Nuremberg is one of the top logistics locations in Germany and our German Air & Sea network will be given a particular boost by the acquisition,” said Robert Stahlschmidt, Country … [Read more...] about Gebrüder Weiss acquires forwarder B+A
Maersk Air Cargo strengthens growing network
A.P. Moller-Maersk’ air cargo unit is strengthening its growing freighter network with increased regular flights in customer-backed air corridors and the introduction of additional aircraft. The move comes as the logistics operator is looking to plug a 'connectivity gap' between the world’s three largest markets for ocean shipping, North America, Europe, and Asia Pacific, with new solutions for time-sensitive and high-value cargo. Maersk is doubling its weekly rotations from 3 to 6 on the … [Read more...] about Maersk Air Cargo strengthens growing network