Airfreight news – Page 34
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All change at Dachser Air & Sea Logistics
August 18 - Effective January 1, 2016, Jochen Müller will join the Dachser management team and will take over from Thomas Reuter as chief operations officer of the company's Air & Sea Logistics business on January 1, 2018
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Ceva stabilises in challenging market
August 5 - In its half-year 2016 results, Ceva posted revenues of USD3.23 billion - a 7.8 percent year-on-year decrease, while adjusted EBITA slid 5.8 percent year-on-year to USD118 million.
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Steder powers ahead in Zimbabwe
August 3 - Steder Group - member of the Worldwide Project Consortium (WWPC) for the Netherlands, Djibouti and Ethipioa - has coordinated the delivery of power plant equipment to Zimbabwe.
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DHL signs Madagascan mine deal
July 26 - DHL Global Forwarding has entered into a three-year global freight forwarding agreement with Madagascan mining enterprise Ambatovy - a joint venture between Sherritt International Corporation, Sumitomo Corporation and Korea Resources Corporation
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K+N turnover down, profit up
July 25 - Kuehne + Nagel International (K+N) posted a slight decrease in turnover for the first six months of 2016, while it recorded an 8 percent increase in gross profit to CHF3.25 billion (USD3.29 billion).
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Panalpina responds to oil and gas slump
July 20 - Due to the continuing slowdown in the oil and gas business, Panalpina recognised a restructuring cost of CHF26 million (USD26.3 million) in the second quarter of 2016, leaving it with an adjusted consolidated profit of CHF47.9 million (USD48.4 m
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Bravo orders ten from Lockheed
July 14 - Bravo Industries, the Brazilian logistics and defence group, has ordered ten new-generation 'Super Hercules' commercial freighters, which it plans to use to reach the country's 'underserved regions' that lack ground support and critical infrastr
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Agility creates Super JV
June 30 - Agility has formed a joint venture with South Africa based supply chain management and transportation specialist, Super Group.
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K+N names airfreight head
June 6 - Kuehne + Nagel International has appointed Yngve Ruud to its management board to assume responsibility for the company's airfreight business.
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RiverOak continues Manston fight
June 6 - RiverOak Investments has appointed a team of legal, aviation, planning, environmental impact and public affairs specialists to support its application for a development consent order (DCO) in relation to the UK's Manston Airport.
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DHL names forwarding chief
May 18 - The supervisory board of Deutsche Post has appointed Tim Scharwath to head up its DHL Global Forwarding, Freight division.
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Panalpina grows as oil business slows
April 21 - Panalpina posted an EBIT of CHF24 million (USD24.6 million) and a consolidated profit of CHF17.3 million (USD17.8 million) for the first quarter of 2016, despite the continued contraction of the global oil and gas business.
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Agility strengthens in Colombia
April 7 - Agility has expanded its operations in the Latin American market with the establishment of new offices in Bogota, Medellin and Cali in Colombia.
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Emirates extends Cambodian coverage
April 6 - Emirates SkyCargo has launched a weekly freighter service to Phnom Penh, Cambodia.
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Agility prepares for challenges
March 29 - Agility recorded a net profit of KWD53 million (USD175 million) in the 2015 financial year, a 5 percent increase compared with 2014.
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ABC flies high in February
March 24 - AirBridgeCargo Airlines (ABC) has recorded a 15 percent year-on-year growth in airfreight volumes in February, transporting over 37,000 tonnes across its global route network.
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'Positive trend' at DB Schenker
March 17 - DB Schenker's volume of European overland and airfreight consignments rose by 2.9 percent and 1.4 percent year-on-year respectively in 2015, while its ocean freight volumes fell 2.1 percent.
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Air charter broker signs exclusive deal
March 10 - Chapman Freeborn Airchartering and RUS Aviation have signed an exclusive cargo sales agreement, which aims to provide clients with airfreight solutions from Hong Kong to the Middle East and surrounding markets.
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K+N profit up in 2015
March 3 - Despite recording a 4.4 percent year-on-year drop in turnover for 2015 at CHF16.7 billion (USD16.72 billion), Kuehne + Nagel posted EBITDA of CHF1.04 billion (USD1.041 billion) - a 3.6 percent increase compared with 2014.
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FSM expands in Caucasus
March 2 - F.S. Mackenzie Group (FSM) has opened a new office Tbilisi, Georgia, which it says will act as a gateway for imports to the Caucasus region.