Maersk is adding more capacity and growing its end-to-end logistics offering in the North American as it acquired US-based home delivery and big and bulk specialist Pilot Freight Services for US$1.68b. Pilot has 87 stations and hubs in North America with third-party providers of controlled trucking capacity, including FTL and LTL for both B2C and B2B distribution. The company also specialises in heavy and bulky shipments with white glove service for expedited and time-definite … [Read more...] about Maersk buys US-based Pilot Freight Services for US$1.68b
integrated logistics
Raj Subramaniam steps in as FedEx chief
FedEx has promoted Raj Subramaniam to president and CEO effective 1 June 2022, replacing founder Fred Smith who will take on his seat as executive chairman. An industry veteran of more than 30 years, Subramaniam joined FedEx in 1991 where he worked his way up from management and marketing roles throughout Asia and the US to become the president of FedEx Express in Canada. The 54-year-old chief also served as executive vice president and chief marketing and communications officer of FedEx … [Read more...] about Raj Subramaniam steps in as FedEx chief
Kerry Logistics launches new service on UK-Turkey lane
Kerry Logistics Network is responding to growing demand for multimodal options with a new one-stop solution (1S2) for imports and exports between the UK and Turkey. The new service features supply chain visibility through an online portal called KTreker and covers all modes to cater to customers who are looking for alternative sourcing locations outside Asia. Kerry Logistics is one of IATA’s primary cargo agents in Turkey and the company said the one-stop solution 1S2 was developed for … [Read more...] about Kerry Logistics launches new service on UK-Turkey lane
Dachser talks about capacity, Asia Pacific and what’s ahead
This year freight forwarder Dachser is relying on its air freight network to offer capacity on key cargo routes between Europe, Asia and the US, as travel curbs and safety measures continue to affect the flow of shipments across the globe. In this interview, Endy Chan, head of air freight air & sea logistics for Asia Pacific at Dachser shares his insights on current trends amidst the industry wide space capacity shortage. Can you tell us more about Dachser’s air freight network in Asia … [Read more...] about Dachser talks about capacity, Asia Pacific and what’s ahead
Clive’s van de Wouw joins Xeneta as air freight chief
Ocean and air freight rate benchmarking and market analytics platform Xeneta has acquired Amsterdam-based CLIVE Data Services in a partnership that looks to offer a more comprehensive view into the global ocean and air freight markets. Niall van de Wouw, co-founder of CLIVE Data Services, will join Xeneta as chief air freight officer. The move comes at a time of heightened demand for timely shipment data amidst supply chain disruptions and cargo delays. Seven months back Xeneta revealed plans … [Read more...] about Clive’s van de Wouw joins Xeneta as air freight chief
Lufthansa joins MSC in bid for Italian airline
Mediterranean Shipping Co. plans to own a controlling stake in new Italian flag carrier ITA Airways in a deal valued somewhere around US$1.4 billion, which would include German airline Lufthansa. Lufthansa would act as an industrial partner and possibly consider up to 40 percent equity involvement, but some analysts think it is unlikely to make an immediate investment. The airline, exiting restrictions on merger activity that came with its 9 billion-euro government bailout, has paid back … [Read more...] about Lufthansa joins MSC in bid for Italian airline