Kerry Logistics Network Limited, a leading logistics service provider in Asia, today announced the Group’s annual results for 2015 with core net profit increasing by 9.0 per cent to HK$1.06 billion (US$136.65 million) on stable revenue of HK$21.08 billion. Kerry’s Integrated Logistics business saw a 13 per cent rise in segment profit to HK$1.64 billion while the group’s International Freight Forwarding business recorded a 7.0 per cent rise in segment profit to HK$361 million. “In 2015, … [Read more...] about Kerry Logistics’ acquisitions drive growth for 7th consecutive year
Logistics
WCS faces up to industry challenges
“The air cargo industry has had a rollercoaster ride over the last decade. But the continued success of the World Cargo Symposium, culminating in a record attendance of over 1,100 delegates in Berlin this year, shows the commitment of the industry to share best practice and generate action plans to tackle the industry’s greatest challenges,” said Glyn Hughes, IATA’s global head of cargo. Discussions over four days at the WCS focused on the challenge of potentially disruptive new technologies … [Read more...] about WCS faces up to industry challenges
Cargo iQ phoenix rises from Cargo 2000
Hitting the ‘reset button’ nearly 20 years after the unfortunately-named cargo quality initiative - Cargo 2000 - was first created, the IATA-supported interest group with the mission of creating and implementing quality standards for the worldwide air cargo industry was officially renamed Cargo iQ at the World Cargo Symposium in Berlin. The rebrand, aside from moving away from the negative imagery of a name that suggests a 16 year lag in reaching its intended goals, is part of a much larger … [Read more...] about Cargo iQ phoenix rises from Cargo 2000
IATA launches ULD safety awareness campaign
The International Air Transport Association (IATA) announced the launch of a safety campaign to reduce the number of ground handling incidents involving Unit Load Devices (ULDs). Through raising awareness of the need for careful handling of ULDs across all touch points, the campaign seeks to minimise flight safety risk and reduce the number of incidents of aircraft and container damage from mishandling. IATA’s target is to save the cargo industry around US$264 million annually through promoting … [Read more...] about IATA launches ULD safety awareness campaign
Schiphol community launches CEIV Pharma programme
The Amsterdam Airport Schiphol logistics community has launched a closed pharma chain programme that will be International Air Transport Association (IATA) CEIV Pharma-certified, and will offer pharma manufacturers new levels of transparency. The announcement was made during the IATA World Cargo Symposium (WCS) in Berlin. The initiative is the brain-child of Schiphol’s Pharma Task Force, launched in July 2015 by Air Cargo Netherlands, the Dutch Air Cargo Industry Association, and supported by … [Read more...] about Schiphol community launches CEIV Pharma programme
Hellmann Worldwide goes with Freightos for rate management
Hellmann Worldwide Logistics announced that it is completing a global rollout of the Freightos AcceleRate rate management and auto-quote system to further increase value for customers and improve operational efficiency across all modes. Selected after an extensive vetting process, the AcceleRate rate management and sales digitalisation system is already optimising air, ocean, truck and rail freight pricing and sales for Hellmann Worldwide Logistics offices globally. As a result, Hellmann … [Read more...] about Hellmann Worldwide goes with Freightos for rate management
