Swiss-based global forwarder Panalpina has been named as a prime logistics service provider (LSP) by China’s Huawei Technologies, a global telecommunications giant, for Huawei’s China-Brazil end-to-end business. Under the three-year agreement Panalpina will handle all international air freight estimated to be several thousand tonnes annually, from China to Brazil as well as the full logistics services at destination, including local distribution and warehousing. … [Read more...] about Huawei selects Panalpina as prime LSP
Logistics
Q1 profit for Agility despite downturn
Kuwait-based Agility has reported a 16.4 per cent rise in net profit for the first quarter 2009 over the same period last year despite the global economic downturn. Net profit before non-recurring items was KD39.2 million (US$134.8 million). “Going forward, we are proceeding with extreme caution, and will continue to centre our efforts on aggressively managing cost and cash while driving performance. We also continue to scope out game changing opportunities for mergers and … [Read more...] about Q1 profit for Agility despite downturn
JAL and Mitsui agree to logistics cooperation
Japan Airlines Group (JAL) and Mitsui & Co., Ltd (Mitsui) have announced a new logistics business alliance. Under the partnership JAL will offer its air cargo services with Mitsui offering logistics solution services centering on sea freight. The two companies said the move represents the first of its kind cooperation between an airline and a general trading company in Japan. The two are aiming to offer a one-stop service solution to give customers an enhanced value chain with wider options in … [Read more...] about JAL and Mitsui agree to logistics cooperation
Deccan 360 to take flight this week
GR Gopinath, who revolutionised India's aviation industry with the country’s first low-fare carrier Air Deccan, will begin operation of his new express delivery and logistics service this week, pitting him against global heavyweights DHL, TNT and FedEx. Gopinath’s new cargo and express logistics company, Deccan Express Logistics, will operate under the brand Deccan 360 and aims to offer end-to-end express logistics services within India, and between India and some … [Read more...] about Deccan 360 to take flight this week
Time:Matters & Jetpak team up on spare parts
Time:matters, the special service provider for courier, same day and emergency logistics as well as time-critical spare parts logistics and Jetpak, a Nordic market leader for time-critical express logistics solutions, have developed a joint flight network specifically for the transport of time-critical spare parts. The new high-frequency, in-night network connects Central European commercial centers with Northern European destinations such as Stockholm, Oslo, Copenhagen and Helsinki as well as … [Read more...] about Time:Matters & Jetpak team up on spare parts
Time:matters and Cebu Pacific tie-up
Time:matters and Philippines-based Cebu Pacific Cargo, have announced a new business tie-up in which the Lufthansa-owned logistics firm can now use Cebu Pacific flights departing from Manila Airport for its Special Speed Solutions and time-critical shipments. Time:matters said Manila was an important economic area and the tie-up would allow for more services to be launched in the future. “The co-operation with Cebu Pacific Cargo enables substantial time savings for time-critical shipments, … [Read more...] about Time:matters and Cebu Pacific tie-up