During the first nine months of 2017, Panalpina grew volumes in air freight and ocean freight compared to the same period last year. As the year progressed, group gross profit as well as EBIT increased with every quarter. Year-on-year, Panalpina’s reported EBIT increased from CHF 67.5 million (adjusted YTD 2016: CHF 93.6 million) to CHF 72.1 million and the reported consolidated profit increased from CHF 46.5 million (adjusted YTD 2016: CHF 72.6 million) to CHF 48.4 … [Read more...] about Panalpina airfreight profits and volumes continue to rise
Freight Forwarders
KLM Cargo transports Dutch masterpieces to Amsterdam
KLM Cargo had transported works by Dutch masters from St Petersburg to Amsterdam. Secure transport will be on hand at Amsterdam Airport Schiphol to bring the works to the Hermitage Museum in Amsterdam on 29 September. The works, including Rembrandt’s “Young Woman with Earrings”, will be on show at the exhibition “Dutch Masters from the Hermitage. Treasures of the Tsars”. KLM Cargo was entrusted with a number of the masterpieces that will be on show at the Hermitage Amsterdam from 7 … [Read more...] about KLM Cargo transports Dutch masterpieces to Amsterdam
WACO grows global footprint
The WACO System has appointed three new members from Africa and Latin America. SICARGA Panama SA will cover Panama, Costa Rica, and Nicaragua in the network, GESPROS SA will represent Cameroon; and OMA Logistics Senegal SARL will represent Senegal. The new members will be officially welcomed during WACO’s Extraordinary General Meeting (EGM), which will take place in Macau from 23rd to 25th October 2017. “We are focused on offering comprehensive global coverage, through … [Read more...] about WACO grows global footprint
Cargobase adds parcel freight mode
Cargobase , the online platform for spot-buy freight, has successfully added the Parcel freight mode to its platform. With the successfully launched integration, Cargobase becomes the first platform that shippers can use to procure and manage any type of spot-buy freight; be it air, road, ship or parcel. This means shippers can now seamlessly connect to their parcel providers such as FedEx, DHL Express and UPS, based on pre-agreed rates, and can book and create labels directly on … [Read more...] about Cargobase adds parcel freight mode
Kerry Logistics expands network through joint venture in CIS
Kerry Logistics Network Limited (‘Kerry Logistics’) continues to enhance its services and network under the ‘Belt and Road’ Initiative by entering into a joint venture through participating in the equity of Globalink Logistics DWC LLC, a freight forwarding group headquartered in Dubai with operations spanning across The Commonwealth of Independent States (‘CIS’). The move will significantly expand Kerry Logistics’ coverage in Central Asia and the CIS, opening the door to potential markets with … [Read more...] about Kerry Logistics expands network through joint venture in CIS
Pangea Members handle motorbike air freight shipments worldwide
Connect Cargo, network member in India, has transported by air a Bjaj Dominar 400 motorbike from Mumbai airport in India to Moscow, Russia. The objective was to deliver it on time for exhibiting at Motorspring Moscow 2017, international fair for outdoor vehicles. The operation’s difficulty was accentuated because the request was received with a very tight timing, during the weekend prior to the exhibition, that took place at the end of April in the Russian capital. Connect Cargo … [Read more...] about Pangea Members handle motorbike air freight shipments worldwide