The Stifel Logistics Confidence Index for May indicated some improvements from April’s decline. In particular, the six-month outlook appears bright as airfreight gained 2.8 points to 63.4 and sea freight increased 2.1 points to 62.9. Overall, the total index increased 1.1 points to 57.4. Even though this is down 0.6 points from one year ago, it is still 6.7 points higher than May 2013. Airfreight continues to lead the optimism for both the six-month outlook as well as for the … [Read more...] about Forwarders more upbeat about airfreight than sea
sea freight
Dentressangle appoints US manager for air and sea
Christophe brings with him a proven track record and almost 30 years of industry experience, with particular expertise in the French, US, Hong Kong and Chinese markets. He will be working to build on Norbert Dentressangle Air & Sea's expertise in the hi-tech, luxury and fashion goods, aerospace, chemicals and project cargo sectors, and to advance the company's position as a major player on the USA-Europe, USA-Far East and USA-South America trade lanes. Christophe Bigot says: "In the … [Read more...] about Dentressangle appoints US manager for air and sea
U-Freight welcomes Taiwan’s decision on export consolidations
The U-Freight Group (UFL) has welcomed Taiwan's decision to allow the country’s freight forwarders to operate multi-destination export consolidations, which will permit them to carry out the consolidation and transshipment and re-export of cargoes to multiple countries overseas. In the past, local forwarders in Taiwan could only consolidate goods from various cargo containers according to their destination in a foreign country. U-Freight Taiwan Ltd, the Taiwanese partner of … [Read more...] about U-Freight welcomes Taiwan’s decision on export consolidations
U-Freight welcomes Taiwan's decision on export consolidations
The U-Freight Group (UFL) has welcomed Taiwan's decision to allow the country’s freight forwarders to operate multi-destination export consolidations, which will permit them to carry out the consolidation and transshipment and re-export of cargoes to multiple countries overseas. In the past, local forwarders in Taiwan could only consolidate goods from various cargo containers according to their destination in a foreign country. U-Freight Taiwan Ltd, the Taiwanese partner of … [Read more...] about U-Freight welcomes Taiwan's decision on export consolidations
SingPost buys UK forwarder F.S. Mackenzie
Singapore Post, through its subsidiary, Famous Holdings, has purchased the entire issued and paid-up share capital of F.S. Mackenzie worth up to 7 million pounds (US$11.8 million). Originally established in 1951, F.S. Mackenzie is a UK-based freight forwarder and non vessel operating common carrier (NVOCC) focusing primarily on sea, air and road freight forwarding, together with customs clearance for inbound and outbound shipments from the UK. Headquartered in Basildon, east of London, it … [Read more...] about SingPost buys UK forwarder F.S. Mackenzie
