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CATEGORY

Forwarder

K+N profit soars 78pc to US$1.1 billion, sales rise 45pc

THE world's top forwarder, Kuehne + Nagel, has declared a 78 per cent year-on-year second quarter operating profit increase to US$1.1 billion, drawn on...

DB Schenker profit soars 91.3pc to US$1.22 billion, sales up 35.8pc

THE world's No 2 forwarder, db Schenker, declared a 91.3 per cent year-on-year second quarter operating profit increase to EUR1.2 billion (US$1.22 billion), drawn...

US announces funding to promote adoption of zero emission ferry technologies

President Biden’s Bipartisan Infrastructure Law, the Federal Transit Administration is making available nearly $300 million through three grant programs that boost access to rural...

Russian forwarders establish liner services to China and India

RUSSIAN forwarders have launched their own liner services linking local cargo to China and India after most carriers boycotted in the country since the...

Russian forwarders start Vostochny-China sailings

Russian freight forwarders Inteco and Swift Transport Group have created liner operating subsidiaries to provide regular container shipping between Vostochny and China. Using chartered ships,...

Blockchain for Shipping & Logistics by Poonam Datta

Blockchain is what the tide of technology has brought in, this time around. Deloitte tweeted recently that “By 2025, ~10% of global GDP will...

Forwarder Allseas Global launches shipping line for bespoke customer service

Freight forwarder Allseas Global caught the eye during the height of the pandemic disruptions with its shipping service out of China to the UK....

C.H. Robinson’s global forwarding unit reportedly eyed by DSV

Danish freight forwarder DSV has been reported to be interested in C.H. Robinson’s global forwarding unit. Forwarding revenue at C.H. Robinson more than doubled in...

Shanghai lockdown is over, but don’t expect ‘business as usual’, warn forwarders

The Shanghai lockdown is over. However, forwarders have warned that ‘business as usual’ remains a long way off for China’s biggest container port hub, given...

FIATA issues multimodal electronic bill of lading for all members

FIATA has released a paperless bill of lading (B/L), which can be accessed with existing technology, for the use of its members. The electronic B/L,...
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