FedEx sees peak season bounce

US parcels giant FedEx saw third quarter revenues up four per cent to $11.7bn. “We had a very successful peak season as volumes grew across all transportation segments, and our profit improvement programs are moving ahead as scheduled,” said Fred Smith, FedEx Corp chairman, president and chief executive officer. Operating results for the third quarter ended...

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Kale breaks into Iraq Market

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...

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DHL refines risk management system

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...

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December's dollar yields dip

Air freight volumes continued to rise in December but exchange rate and fuel surcharge fluctuations saw a 2014 end of year fall in dollar-based yields, according to research house WorldACD. December’s healthy year-over-year (YoY) volume growth continued 2014's trend, as chargeable weight increased 6.7 per cent, said the Netherlands-based analyst which uses...

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Hellmann gains AEO status in the UK

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...

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Thumbs up for Emirates' all-in freight rates

Shippers and forwarders have welcomed Emirates SkyCargo’s move to introduce an all-inclusive freight rate that does away with separate pricing components based on weight/volume plus fuel and security surcharges. “It is the best start to 2015 that I could imagine,” said Joost van Doesburg, airfreight policy manager with the European Shippers’...

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Air freight volumes rise for Panalpina

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...

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