Lieb to quit DB Schenker Logistics

Thomas Lieb, management board chairman of Schenker AG, will leave the German logistics company at the end of this month “by best mutual agreement”. The 56 year-old will take on new responsibilities outside the German railway parent company, Deutsche Bahn Group. Dr Lieb has resigned “immediately” as head of business unit at DB Schenker Logistics and as management...

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TNT launches Tel Aviv freighter links

TNT has launched a Monday to Friday B737-400F service between Israeli capital Tel Aviv and the express operator's European hub in Liege, Belgium. The new service "answers increasing demand" and allows TNT to shorten transit times for express shipments to and from Tel Aviv by one day. The flight arrives in Tel Aviv in the morning...

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Pharma helps K+N airfreight outpace the market

Kuehne+Nagel beat 2014 airfreight market growth with a 5.3 per cent increase in volumes to 1.2m tonnes for the full year. The Switzerland-based logistics giant’s air cargo increase is more than twice last year’s global market benchmark average of between three and four per cent. K+N, the world’s second largest airfreight forwarder by tonnages, said that the key...

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Panalpina launches 'Brazil Wings' freighters to São Paulo

  Panalpina is adding a B747-400 freighter service to São Paulo, Brazil, aimed at manufacturers of heavy machinery and equipment for agriculture and mining. The direct service from US hub Huntsville to São Paulo, called Brazil Wings, has been designed for customers in the mid-west and in parts of the s south eastern US. As of March,...

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Volvo renews TNT international delivery contract

  Swedish truck and bus maker Volvo has renewed a three-year contract with express operator TNT for ‘inbound to production’ and aftermarket delivery services in Europe. TNT will continue to handle Volvo’s European emergency production movements. TNT collects automotive components and parts from more than 800 different suppliers in Europe and delivers them to...

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Airfreight bolsters Expeditors’ figures

A ten per cent year on year increase in airfreight net revenues contributed to a strong 2014 fourth quarter for US forwarder and logistics company Expeditors. The Washington-based company said its net earnings had increased 19 per cent in the quarter, to almost $99.4m, compared with $83.5m in the same period of 2013. Ocean freight net revenue...

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Losses mount at dampened Damco

Damco, the global logistics arm of Danish shipping group AP Moller Maersk, more than doubled its annual losses to $293m for the full year 2014. The ocean giant parent said that Damco's losses were due to “significant” impairment hits  in 2014 and “reduced profitability” in its ocean and airfreight segments. Netherlands- headquartered Damco, which recorded...

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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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We will do better, promise TNT management

TNT Express has outlined the steps that will return the parcels and freight operator to profit. A core part of its strategy is to set up focused international Europe and domestic units, strengthening its management and accelerated investment in its transport and IT, along with improved service levels. At a capital markets day conference this week in London, chief...

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FedEx swaps sides in Illinois

Federal Express officially started operations at Central Illinois Regional Airport (CIRA) in Bloomington on February 2. It follows an announcement in May 2014 that it was pulling out of its operation at nearby Peoria airport, on the west bank of the Illinois River. The express carrier said the move would allow it to upgrade its priority overnight...

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Christmas overspend flattens UPS earnings

  UPS reported “flat” fourth quarter earnings in the fourth quarter of 2014 compared with the same period in prior year. In fact, earnings per share, at $1.25, were identical to 2013, said the US-based express carrier. It blamed higher than expected peak operating expenses in its home market as the carrier sought to maintain delivery times - UPS delivered 1.3bn...

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TNT tweaks its figures

Express carrier TNT said its fourth quarter results, due to be published in full on February 17, would include non-recurring tax expense items totalling €77m, which include a €67m non-cash valuation allowance on deferred tax assets. The Netherlands-headquartered company added that changes to its accounting treatment in Brazil would also result...

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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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