Two new clients in Shanghai 
Arvato Supply Chain Solutions has won two new contracts in the e-commerce sector in China: One of the new customers is the American nutritional supplements brand GNC. The second new e-commerce client at Arvato Shanghai's logistics centre in Qingpu is an up-coming Chinese... plus
J.B Hunt gets off to a good start in 2022
In Q1/2022, the USA-based J.B. Hunt group saw its revenues grow by 33.2% to USD 3.49 billion, compared to USD 2.62 billion in Q1/2021, while operating income increased by 66% to almost USD 243.3 million. All segments contributed to the revenue growth versus the prior year... plus
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... plus
Trans-o-flex launches B2C pharma offer
Germany-based express service Trans-o-flex is now offering a B2C pharma service, which was developed for the temperature-controlled shipment of medicines to end customers. The timing of the service expansion was deliberate, the company commented. "The mail order... plus
Two platforms soon to merge
The holding has given the green light. Icontainers, an online freight platform heaquartered in Barcelona, is to merge with the digital freight forwarding branch, Dubai-based Shipa Freight. The combined company, wholly owned by Agility, will offer standard air and ocean... plus
Bolloré opens warehouse in Abidjan
Bolloré Transport & Logistics Cote d’Ivoire is inaugurating a modern 9,000 sqm logistics base in the airport area of Abidjan, Ivory Coast to foster the import and export of goods by air. The new infrastructure will have required 18 months of work and an investment of CFA... plus
World trade in peril, says WTO
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... plus
New air/road service from China to Mexico
3PL Dimerco has launched a new product for customers shipping automotive components from Southern China to a common manufacturer in Mexico. The company said in a press release that fifteen manufacturers of the metal stamping and die industry based in Southern China share a... plus
Almost 200,000 transports in 2021
The transport company Asstra increased its turnover by 30% year-on-year to EUR 460.4 million in 2021. Gross profit improved by 21% to EUR 39.9 million. Almost 196,000 transports were handled on the company’s network via 1,000 destination trade lanes, with full load transports... plus
Latin America and Africa need new approach
A new study, conducted by Economist Impact, shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in various and regionally specific ways, with companies in South America and Africa facing a more negative outlook.... plus