Authorities to audit seafreight margins
The maritime shipping industry can now see a silver lining on the horizon: in July 2021, the US Federal Maritime Commission established an audit programme to assess ocean carriers’ compliance with federal regulations on detention and demurrage and to step up the federal agency’s... more
Fresh news from the 3PL market
Armstrong & Associates (A&A’s) has published its newest report on 3PL in 2020. According to the analysis, the pandemic showed that "3PL prevailed as an essential industry". The winner of all 3PL segments for revenue growth in 2020 was International... more
Digital solution for import containers
Dakosy, Hamburg, und dbh Logistics IT, Bremen, are developing a joint solution for the digitalised release process of import containers in Germany's sea ports. The first shipping companies and freight forwarders are expected to join the platform already this year. The joint... more
C.H. Robinson introduces surcharges
The USA-headquartered freight forwarder C.H. Robinson has announced several surcharges due to worsening port congestion in USA and beyond. From 6 September 2021 on, the company will introduce an origin congestion surcharge for goods on the link between Shenzhen and North... more
Staying completely cool
Nippon Express (NE), a Japanese logistics services provider with global operations, is expanding its network of GDP-certified sites. With its home continent already well covered, it is making Europe a focal point of its pharmaceuticals logistics activities this year. more
A surprising year for A. Hartrodt
A. Hartrodt exceeded expectations with its result in the difficult year of 2020. At EUR 112.1 million, the gross forwarding profit (gross profit) was only 0.9% below that of 2019. Andreas Schrön, chief financial officer, commented: "At the beginning of March 2020, I had... more
GLX Global Logistics expands warehouse
GLX Global Logistics Services has now taken over the completed extension of its warehouse in Grünheide, Brandenburg, Germany. Real estate developer Panattoni added 4,300 sqm of usable area, of which 4,188 sqm are warehousing space, to the existing 17,000 sqm facilities. The... more
Tapa Emea now self-sustainable
The Transported Asset Protection Association (Tapa) Emea bids farewell to its admin partner, LBA International Consultancy, after 13 years of service. Since LBA’s executive chairman Laurence Brown stepped down from his role as its executive director last December, Tapa Emea... more
Kerry Logistics in wonderland
In its interim results for the first six months of 2021, Hong Kong-based Kerry Logistics reports group revenues of HKD 36.7 billion (USD 4.71 billion), a surge of 68% compared to the HKD 21.9 billion in H1/2020 (USD 2.81 billion). Operating profit also grew significantly to HKD... more
India: major logistics player on the rise
In India, CEP giant Delhivery has acquired Bengaluru-based Spoton Logistics. It is said that the company is enlarging its footprint in order launch an initial public offering (IPO) in due course. Although financial terms were not disclosed, business estimates mention an... more