GCL loves cars
Global Critical Logistics (GCL), which specialises in events & sports logistics, recently acquired the UK-based Classic Automotive Relocation Services (Cars), a company that was founded in 1989 to organise shipments of historic, rare, and prestigious vehicles. Cars’... more
Challenges require solutions
In conversation with Challenge Group CEO Yossi Shoukroun. As a conglomerate, Challenge Group only came on the scene in 2020, but the holding’s components, which manage every link in the air cargo supply chain, date back to the 1970s. A third cargo airline, Challenge Airlines MT,... more
Twilight of the alliances
The end of 2M is looming, ringing in a new era. Maersk hasn’t revealed more than the fact that the decision was “thoroughly evaluated and was mutually agreed.” The end of 2M, due in 2025, is potentially highly explosive for the market. more
Driver shortage has an immense impact
According to a new study conducted by logistics experts from the universities of St. Gallen (Switzerland), Dresden and Würzburg-Schweinfurt (both Germany), the shortage of driving personnel cost the German economy an additional EUR 10 billion in 2022. A shortage of more than... more
Iata: yields and revenue should stay stable
The International Air Transport Association (Iata) has released data for global air freight markets showing that demand in 2022 took a significant step back from 2021 levels but was close to its performance in 2019. Willie Walsh, Iata's director general, mentioned... more
Global Air Charter Service heads to the capital
The global aircraft charter specialist Air Charter Service has inaugurated a new branch in Washington DC, serving the Virginia and Delaware regions as well as the capital. Joel Fenn has been appointed as CEO of the new office, which is the company’s ninth in USA. Fenn, who... more
Schneider Transport expands UK business
Road haulier Schneider Transport is acquiring Global Freight Connections (GFC) in Basildon, UK and thus strengthening its activities on the English market and in the Greater London area. GFC is a medium-sized freight forwarding company offering a full range of logistics... more
Challenges for Germany’s air freight industry
The volume of air cargo volumes handled at Germany’s airports has declined. The member companies of the German Association of Air Cargo Handlers (Vacad) handled a total of 1,766,739 t in 2022, around 9% less than in 2021. After a record increase in 2021 (plus 24%) due to the... more
Fresh juice for Scan Global
Copenhagen (Denmark)-based Scan Global Logistics (SGL) has found allies to fund its ambitious expansion plans. The company has sold the majority of its shares to CVC Capital Partners Fund VIII (CVC) via its original investor group led by AEA Investors Small Business Private... more
Hellmann appoints Timo Schamber
Hellmann Worldwide Logistics has appointed Timo Schamber as its new global airfreight director CEP, effective 1 February 2023. With the creation of this new position, the company is responding to increasing demand in the global airfreight market and the rapid development of the... more