Lufthansa Cargo went live with IBS' iCargo IT solution at 120 stations in its network, including the three hubs: Vienna, Munich and Frankfurt. This massive transformation was achieved through a seamless system cutover, with Lufthansa Cargo Frankfurt operations in full swing and without major business disruptions. The iCargo system will be operated by around 4,500 Lufthansa Cargo users across the world and will support the global cargo operations of Lufthansa Cargo to over 300 destinations … [Read more...] about Lufthansa Cargo went live with IBS’ iCargo
Freight Forwarders
Saudia Cargo launches Shanghai-New Delhi
Saudi Airlines Cargo Co. has launched a new direct freighter service between Shanghai and New Delhi as part of the airline’s continued expansion strategy. The new direct service offers scheduled main deck capacity using B747-400F aircraft, operating twice weekly directly between the two cities. Vikram Vohra, regional director Far East, Saudi Airlines Cargo, said: “Our focus is to improve connectivity and provide a growing network of destinations and quality operations to our … [Read more...] about Saudia Cargo launches Shanghai-New Delhi
FedEx seeks EU approval for US$4.9B TNT bid
FedEx has asked the European Union's competition regulator to approve its 4.4 billion euro (US$4.9 billion) bid for Dutch rival TNT Express. The deal will provide the US package delivery service company with a ready-made and extensive European delivery infrastructure. Reuters reports that FedEx submitted its request to the European Commission on Friday. The preliminary review takes 25 working days, which can be extended by another 10 working days if concessions are offered to head off … [Read more...] about FedEx seeks EU approval for US$4.9B TNT bid
Kuehne+Nagel to acquire ReTrans
The Kuehne + Nagel Group has entered into an agreement to acquire ReTrans Inc., a US-based provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Founded in 2002 and headquarted in Memphis, TN, ReTrans ranks among the leading US non-asset brokerage providers of intermodal transportation, as well as full … [Read more...] about Kuehne+Nagel to acquire ReTrans
Saudia Cargo launches Shanghai-New Delhi
Saudi Airlines Cargo Co. has launched a new direct freighter service between Shanghai and New Delhi as part of the airline’s continued expansion strategy. The new direct service offers scheduled main deck capacity using B747-400F aircraft, operating twice weekly directly between the two cities. Vikram Vohra, regional director Far East, Saudi Airlines Cargo, said: “Our focus is to improve connectivity and provide a growing network of destinations and quality operations to our … [Read more...] about Saudia Cargo launches Shanghai-New Delhi
FedEx seeks EU approval for US$4.9B TNT bid
FedEx has asked the European Union's competition regulator to approve its 4.4 billion euro (US$4.9 billion) bid for Dutch rival TNT Express. The deal will provide the US package delivery service company with a ready-made and extensive European delivery infrastructure. Reuters reports that FedEx submitted its request to the European Commission on Friday. The preliminary review takes 25 working days, which can be extended by another 10 working days if concessions are offered to head off … [Read more...] about FedEx seeks EU approval for US$4.9B TNT bid