Showing posts with label air freight volume. Show all posts
Showing posts with label air freight volume. Show all posts

Tuesday, April 7, 2015



FedEx’s planned takeover of rival carrier TNT would create a third force in the express market – and unlike UPS’ attempted takeover 2½ years ago, it would succeed, the leaders of the two companies predicted at a press conference this morning.
The acquisition would bring TNT’s “exceptional” road platform into the FedEx fold, helping to strengthen what had been a relatively weak part of the FedEx portfolio, said the latter’s chief executive, DavidBronczek, with around 86 per cent regional coverage.
In contrast, FedEx has a strong air network in Europe, as well as in other parts of the world.
TNT chief executive, Tex Gunning, anticipated that the European road network created “would be the envy of the industry.”
At the same time, the relatively small TNT air fleet of 54 freighter aircraft would be sold to a third party, to assuage the competition authorities in the European Union and elsewhere. This had been one of the major sticking points in the proposed UPS takeover.
TNT's owned and leased fleet includes B777Fs, B747Fs, and a combination of BAe 146, Boeing B737Fs and B757Fs. 
Bronczek argued that, far from reducing competition, the takeover “would increase competition in Europe by creating a third strong competitor…which would benefit customers over the long term.”
Gunning said that the deal was attractive to his company because it would lead to a more certain future.
He predicted that, this time, the takeover would clear the regulatory hurdles because “this is much simpler than the UPS deal – there, the overlaps were far bigger.”
However, the lower synergy between the two companies was reflected in the price that FedEx would pay for TNT - €8 per share compared with the €9.50 that UPS had been prepared to offer.
The lower price was also a reflection of a “more complex” European economy that had developed in the intervening period.
Bronczek said he did not expect the relatively low price to lead to rival bids for TNT, saying: “We feel very comfortable with our offering.” Gunning said that Post NL had indicated that it would be willing to share its 14.7 per cent share in TNT.
The offer launch is anticipated during the second quarter of 2015 and the transaction is not expected to complete until the first half of 2016, a reflection of the slow pace of government and regulatory authorities, said Gunning.
The transaction is subject to a €200m break fee.
But questioned on how the two companies had managed to agree a takeover in principle within six weeks of a TNT capital markets day, Gunning said: “Like the girl next door, you already know each other very well.”
No decision has yet been made on the tricky question of brand identity. The FedEx name is very strong in North America while TNT is well known in Europe and other markets.
Gunning added that the deal would improve job security for TNT employees and that he anticipated that there would be few if any redundancies as a result of the takeover.
TNT’s main air hub at Liege would be maintained and extended, and FedEx’s hubs in Paris and Cologne would also be retained.


Tuesday, February 24, 2015


Iraqi ground-handler Azmar Air has gone live with Kale’s Galaxy International air cargo management system.
Azmar, based at Sulaymaniyah International Airport in the Kurdish-controlled region of northern Iraq will use the system for e-freight compliance, warehouse management and vehicle management, and it will be able to offer real-time updates to customers’ trade partners and EDI messaging, says Indian-based Kale.
It added that Galaxy is already in use by handlers including Bahrain Airport Services, Mumbai International Airport and leading international airports in India, plus Lusaka and Ndola in Zambia amongst others.
Indrajit Marath, Azmar’s general manager- cargo village said: “We are now able to automatically capture all data, do better flight planning and plan the operations in advance.
“Our customers including airlines, forwarders, GSAs are happy to see online updates and track shipments. More importantly, we attained this without having to increase our staff count.” 

Source : http://www.aircargonews.net/news/single-view/news/kale-breaks-into-iraq-market.html

Monday, February 23, 2015

DHL's Resilience360 risk management tool can now be integrated with customer's transport management systems, allowing them to view shipments affected by disruptive incidents.
Customers can then scan the latest position and status of all their shipments worldwide and identify corrective actions.
Recent incidents monitored by Resilience 360 included the ash cloud from the Bardarbunga Volcano, the economic fall-out from Russian sanctions and the Ebola crisis.
In the case of the volcano, Resilience360’s near real-time information and global mapping device made it possible for customers to anticipate and avert knock-on disruptions elsewhere in the supply chain, such as flight disruptions in other regions, says DHL.
Resilience360's new country-specific risk page also gives with an overview of supply chain risk scores and incident trends, together with a free weekly supply chain risk intelligence bulletin.
Resilience360 is described by DHL as an end-to-end supply chain risk management platform that alerts customers about global incidents and risks to their global supply chain in almost real time, allowing customers to respond immediately to incidents and pre-empt or minimise business interruption.
Since its launch, Resilience360 has been used by customers across Asia, Europe and the Americas, particularly by the automotive, chemicals, life sciences and technology sectors.

Source : http://www.aircargonews.net/news/single-view/news/dhl-refines-risk-management-system.html

Sunday, February 1, 2015


Hellmann Worldwide Logistics UK has been awarded authorised economic operator (AEO) status by HM Revenue & Customs.



The supply chain quality standard highlights businesses involved in the international supply chain.
The two-year process began in December 2012 and involved Hellmann training over 500 staff to complete the process and achieve its goal of becoming AEO certified.
HMRC inspected all areas of the business, offering recommendations for improvements, and making Hellmann UK the third country in the company’s global network to receive the accreditation.
Ian Dallow, security manager at Hellmann Worldwide Logistics UK, said: “Gaining the AEO status has been a lengthy process but something that has been extremely worthwhile. New procedures have been implemented and a more stringent security culture has been adopted to ensure the best service to our customers.
“AEO also provides us with additional business opportunities with major clients and a framework based on quality to help to drive the business forward.”

Source :http://www.aircargonews.net/news/single-view/news/hellmann-gains-aeo-status-in-the-uk.html

Sunday, December 21, 2014

 


Air freight rates continued to climb through November on the back of strong peak season demand and conversions from ocean freight as a result of US supply chain bottlenecks.
Drewry’s East-West Air Freight Price Index rose a further 5.3 points in November to reach an all-time peak of 120.8 points, exceeding the record high of 117.4 achieved in November 2013 by a comfortable margin of 3.4 points.
The UK-based consultancy expects air freight pricing to recede in the near term, as the peak season concludes and lower jet fuel costs start to feed into reduced fuel surcharges.

Source : http://www.aircargonews.net/news/single-view/news/air-cargo-rates-gain-on-us-port-congestion.html

Tuesday, December 16, 2014

The logistics industry will probably be one of the first testing grounds for automated vehicles, according to a study from package delivery giant DHL.

Shipping companies will likely adopt the technology faster than other sectors, since moving cargo in non-public areas like storage facilities and warehouses provides a safer venue to test such devices, according to a study published this week by DHL, the freight and express arm of Deutsche Post AG.

Eventually vehicles might bring packages to a pick-up station where a consumer could find them, the study said.

DHL plans to “maintain pole position in the world of self-driving vehicles,” wrote Matthias Heutger and Markus Kueckelhaus, the authors of the study. "The question is no longer ‘if’ but rather ‘when’ autonomous vehicles will drive onto our streets and highways."

Source : http://www.cargobusinessnews.com/news/techwire/news2.html

Thursday, July 24, 2014


Panalpina saw improved group level profitability in the first half of 2014 as air freight volumes grew four per cent over prior year.

However, the Switzerland-based global logistics operator said that unit profitability in both the air and ocean freight segments was affected by a “challenging market”.

While air freight rates “remained under strong pressure,” Panalpina put the focus on trade lane optimisation and expects the air freight market to grow by between 3-4 per cent in 2014.

Panalpina’s half year air freight volume growth to 417,000 tons was in line with the market. Earlier this month, Swiss logistics rival Kuehne + Nagel reported a similar half year rise in air freight volumes, up 3.9 per cent to 580,000 tons.

Second quarter air freight volumes at Panalpina were up by 1.8 per cent to 213,000 tons, compared with a 6.3 per cent surge in the first three months of 2014.

The Panalpina group’s total gross profit and earnings before interest and tax were “significantly impacted” by currency movements although both financials increased two per cent, reaching SFr777.9 million and SFr60.1 million respectively.

Panalpina chief executive Peter Ulber said that there “is still a lot of work to be done in terms of profitability”, especially in ocean freight.

Added Mr Ulber: “The fact that low margins have absorbed much of the growth in the first half of 2014, particularly in ocean freight, goes to show just how important it is that we stay absolutely on course with our strategic execution.

“Turning around loss-making operations continues to be our firm focus. In the mid- and long-term better IT systems and processes will help us improve productivity and profitability as we keep restructuring and rolling out our new operational system SAP TM.”

Source: http://www.aircargonews.net/news/single-view/news/air-freight-volumes-rise-for-panalpina.html