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... more
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... more
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... more
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... more
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... more
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... more
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... more
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.... more
Strong 2021 for Fesco
The Russian transport group Fesco has reported its results for the full year 2021. While coastal shipments (81,000 teu) and international transhipments (284,000 teu) moved sidewards, the group's volumes in general cargo and oil product transhipment in the commercial Port of... more
Alibaba targeting SMEs
The Cainiao Network, the logistics arm of the Alibaba Group Holding, recently announced the launch of a digital end-to-end e-commerce logistics service for small and medium-sized enterprises (SMEs). The offer is intended to include services such as pickup, warehousing,... more