May 2023
Hapag-Lloyd said that its EBIT earnings decreased to US$1.9 billion (€1.7 billion) compared to the same quarter last year, and the Group profit was also below the prior-year level, at US$ 2 billion (€1.9 billion). Transport volumes were 4.9% lower than in the first quarter of last year, at 2,842,000teu (Q1 2022: 2,987,000teu owing to destocking and weaker overall global demand. The lower average freight rate of $1,999 vs $2,774 ...
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MPs on the UK Parliament’s Transport Committee judged a series of Dragon’s Den-style pitches from transport experts and enthusiasts to convince them to adopt their idea as the subject of its next inquiry. Hopefuls at the sessions on 9 and 10 May included Maggie Simpson, director general of the Rail ...
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French-owned forwarder Geodis has opened an eLogistics platform in Coventry in the UK. The 7,000sq m site has can store more than 500,000 SKUs and process up to 5,000 orders per day.
Geodis eLogistics, which was launched in 2020, supports retailers in outsourcing their logistics operations, offering a complete logistics solution ...
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Bremen-based privately owned maritime services and logistics conglomerate Harren & Partner has changed its name to Harren Group. Founded in 1989 by Captain Peter Harren, the business is made up of a diverse network of shipping and logistics companies including specialist shipping line SAL Heavy Lift, along with Harren Bulkers, ...
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DFDS reported an increase in revenue of 9% to DKK6.3 billion (£756 million) in the first quarter of 2023, despite a slowdown in freight volume. Freight volumes between the UK and Continent/Scandinavia declined, especially on the English Channel, while domestic transport volumes, including in the UK, were more robust. Passenger ...
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Saudia Cargo has signed a 12-month space and service commitment with Cainiao Network, the logistics arm of Alibaba Group, until March 2024 that reserves exclusive freighter flights from Hong Kong to Riyadh and Liege. Saudia Cargo said it was also exploring new lanes from Hong Kong and China to the ...
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Cargo manager system provider Hermes Logistics Technologies (HLT) and Awery Aviation Software have gone into partnership to provide a software-as-a-service (SaaS) solution for airlines.
They describe H2A as the only comprehensive platform to manage all processes across the entire shipment lifecycle, from warehousing to flight management and commercial activities, as well ...
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The Freightos booking and payment platform has unveiled Freightos Terminal, a dashboard that provides industry stakeholders with the data and market updates, trends and insights.
It aims to help logistics professionals optimise their international shipping and keep supply chains running smoothly and cost-effectively.
It builds on the Freightos Baltic Index (FBX) of ...
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DSV has awarded Worldwide Flight Services (WFS) a long-term European Gateway cargo handling contract in Liege, Belgium.
WFS, now a member of the SATS Group and the world’s largest cargo handler, already provides air logistics services for DSV in Amsterdam and at Huntsville International Airport in Alabama. Further network collaboration is ...
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Air France KLM Martinair Cargo has added new functions to its myCargo platform. The digital service, which enables customers them to view, book and manage their allocations will in future include features such as automatically booked allotments for an entire season. Other plans include an E-Pharma service. Last month, the ...
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