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
integrated logistics
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
Dachser offers charter capacity on Hong Kong-Liege route
Dachser is shoring up its charter programme on the HKG-LGG route with a long-term contract to offer ‘reliable’ air freight capacity from January 2022 to March 2024. The forwarder plans to operate scheduled services using a dedicated Boeing 747-400F on the Hong Kong–Liège route, with payload of up to 100 metric tonnes each way. “Demand for air freight is at an all-time high,” says Timo Stroh, head of global air freight at Dachser. “Air freight capacity is in extremely short supply. So we’ll … [Read more...] about Dachser offers charter capacity on Hong Kong-Liege route
Aramex inaugurates new facility at King Khalid airport
Dubai-based logistics service provider Aramex has inaugurated its newest express courier handling facility in Saudi Arabia, located in the Model Cargo Village at King Khalid International Airport (RUH) in Riyadh. The new express courier handling facility, build on a 5,900 square meter land, is equipped with the latest technologies to serve its customer base in the country, and in line with the company’s efforts to improve and streamline its operations and facilitate services for both B2C and … [Read more...] about Aramex inaugurates new facility at King Khalid airport
Kerry Logistics’ net profit up 81 percent in H1
Kerry Logistics Network announced last week the Group’s interim results for the six months ended 30 June 2021. Group’s Financial Highlights Revenue increased by 68 percent year-on-year to HK$36,709 million (2020 1H: HK$21,885 million) Core operating profit increased by 70 percent to HK$2,536 million (2020 1H: HK$1,489 million) Core net profit jumped by 81 percent year-on-year to HK$1,530 million (2020 1H: HK$845 million) Profit attributable to the Shareholders for 2021 1H was … [Read more...] about Kerry Logistics’ net profit up 81 percent in H1
