CEVA Holdings LLC (CEVA), one of the world’s leading asset-light based supply chain management companies, reported results for the first quarter 2016 ended 31 March 2016 with an EBITDA up 15.7 per cent in constant currency against revenue drop of 5.3 per cent in face of what it said were "persistent market headwinds and rate decreases”. Freight Management saw an EBITDA of US$10 million, reflecting a YoY increase of 57.1 per cent in constant currency with a rise in air freight volumes of 1.5 … [Read more...] about CEVA maintains forward momentum against “persistent” headwinds
Logistics
CEVA maintains forward momentum against "persistent" headwinds
CEVA Holdings LLC (CEVA), one of the world’s leading asset-light based supply chain management companies, reported results for the first quarter 2016 ended 31 March 2016 with an EBITDA up 15.7 per cent in constant currency against revenue drop of 5.3 per cent in face of what it said were "persistent market headwinds and rate decreases”. Freight Management saw an EBITDA of US$10 million, reflecting a YoY increase of 57.1 per cent in constant currency with a rise in air freight volumes of 1.5 per … [Read more...] about CEVA maintains forward momentum against "persistent" headwinds
Kuehne + Nagel to manage Unilever e-commerce centre
Kuehne + Nagel has been chosen by Unilever for the storage and e-commerce order fulfilment of its recently introduced tea-brewing machine launched under the premium brand of T.O by Lipton. The service scope includes warehousing and distribution services out of the fulfilment centre in Contern, Luxembourg, as well as a range of value added services. These services include customised packaging to maximise process efficiency and minimise waste. For order processing a pick-by-light system has … [Read more...] about Kuehne + Nagel to manage Unilever e-commerce centre
Volga-Dnepr completes its first-ever Antartica ‘season’
Volga-Dnepr Airlines first-ever ‘season’ of cargo flights to Antarctica transported over 190 tonnes of cargo to support the new DROMLAN international Antarctic project supported by nations including Belgium, Germany, Finland, India, Japan, the Netherlands, Norway, Russia, South Africa, Sweden and the United Kingdom. On behalf of the project, run by the Antarctic Logistics Centre International (ALCI), Volga-Dnepr completed 12 return flights using its IL-76TD-90VD freighter. The flights … [Read more...] about Volga-Dnepr completes its first-ever Antartica ‘season’
SPARX Logistics sets up shop in Ho Chi Minh City
SPARX Logistics, a rapidly expanding global logistics innovator, has opened its newest office in Ho Chi Minh City, Vietnam. Located in District 1, the nation’s financial centre and the city’s busiest, most fashion-friendly district, this wholly-owned office sits at the heart of Vietnam’s rapidly growing economy. “As the economy in Vietnam continues to thrive,” commented Wael Accad, managing director adding that China along with a growing Southeast Asia means “a host of new trade … [Read more...] about SPARX Logistics sets up shop in Ho Chi Minh City
Frankfurt aims to be Europe´s largest CEIV certified pharma hub
Frankfurt is aiming to become the largest certified pharmaceutical gateway in Europe with a number of companies concurrently pursing the IATA CEIV Pharma certification with the support of the Air Cargo Community Frankfurt. To date two companies in Frankfurt - the Perishable Center and Bolloré Logistics Germany - have successfully completed the IATA CEIV Pharma certification. Another six companies are either already in the process or are starting the nine-month certification process. These … [Read more...] about Frankfurt aims to be Europe´s largest CEIV certified pharma hub