DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and profit fell as rates dropped in the market. The forwarder’s airfreight volumes increased 2.3% in the first quarter of 2024 to 335,213 tonnes. This is compared to 327,712 tonnes in the same period last year. The company attributed this growth to strong Asia Pacific export volumes. “The air freight market is impacted by continued high growth in e-commerce volumes from China, driving both market volumes and rates up.” DSV noted that the airfreight market is dealing with overcap ..read more

Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to some disappointing results across the business. Across K+N, turnover was down by 18% over the first quarter of 2023, gross profit by 13%, and the figures for K+N’s Air Logistics segment were somewhat representative of the decline across the business. Net turnover of Air Logistics in the first quarter of 2024 was just less than CHF1.6bn, with an earnings before interest and taxes (EBIT) figure of CHF94m. However, K+N handled 491,000 tons of airfreight over the three ..read more

Air cargo stakeholders are not concerned about the prospect of increased industry scrutiny following recent aircraft manufacturing-related safety incidents. During a panel session at IATA’s CNS Partnership Conference, moderator Brandon Fried, executive director at the Airforwarders Association (AfA), spoke about increased Federal Aviation Administration (FAA) oversight of aircraft manufacturing following the recent incidents, asking participants whether they believed monitoring of air cargo might now increase as well. Responding to Fried during the ‘State of the Industry – Partnering for Chang ..read more

Freight forwarder Europa Air & Sea recently chartered an Antonov AN-124 for an urgent hydraulic pump unit shipment from the UK to UAE. The company said that the sheer size of the cargo meant it had to utilise the 120-tonne capacity aircraft and also needed to obtain specialist permits for the domestic haulage leg of the journey from Great Yarmouth to the midlands. The aircraft took off from East Midlands Airport in the UK on April 17 and arrived in the UAE at 1.30am local time on April 18, with the flooding experienced in Dubai last week adding further complexity to the operation. “The car ..read more

DHL has expanded its GoHelp programme to Europe following a rise in the number of catastrophes hitting the continent in recent years. The new GoHelp Europe team is divided into two areas: disaster response (DRT) and disaster preparedness. The European DRT team is holding its first training session between April 19 and 21 at Istanbul Airport. The DRT teams deploy to airports in need when called upon by the United Nations Office for the Coordination of Humanitarian Affairs. The Get Airports Ready for Disaster programme collaborates with the United Nations Development Programme (UNDP) to prepare ..read more

Swissport has continued to roll out its forwarder handling services, with JAS Worldwide utilising the product in Frankfurt. The handler has been offering forwarder handling at its facilities in Vienna and Graz for a number of years but is now looking to roll the service out globally. Frankfurt is the latest location to offer the service and forwarder JAS Worldwide has decided to sign up for the offering. Forwarder handling sees Swissport add a direct business relationship with forwarders and not solely with airlines. Among the handling solutions for forwarders are build-up/break-down, security ..read more

DB Schenker has appointed Aaron Scott as chief executive of its UK & Ireland business, replacing Ray Hennessy who is retiring after eight years in the role. Scott joined the company in 2021 and additionally holds the position of executive vice president of contract logistics for region Europe. “He brings a wealth of experience to the UK & Ireland chief executive role having spent more than 28 years in International Logistics and 3PL supply chain operations,” the forwarder said. “Additionally, he has spent time living and working in the Netherlands, the US and Germany and has a strong t ..read more

DB Schenker has continued to build API connections with airlines to speed up the cargo booking process, this time connecting with Emirates SkyCargo. The host-to-host connection with DB Schenker’s internal booking platform provides agents with direct access to Emirates SkyCargo’s schedules, standard and contract tariff rates and available capacity, as well as the airline’s network of over 140 destinations across six continents. The connection will launch first in Germany, Austria and Switzerland and then globally. “Initially, the service will enable agents to book general cargo, with the possib ..read more

Jakarta-based freight forwarder PT Fajar Insan Nusantara (FIN Logistics) has become a member of global freight management and logistics network The WACO System (WACO). WACO has appointed FIN Logistics as its member for Indonesia in a move designed to strengthen the network in Southeast Asia. FIN Logistics offers freight and logistics services, including airfreight, seafreight, and customs brokerage, through nine branches across Indonesia. The family-owned freight forwarder has expertise in several industries, including healthcare and pharmaceuticals, fashion, automotive, military and governmen ..read more

Kuehne+Nagel’s (K+N) board of directors has approved a new direct reporting system for country organisations. This change aims to help the company improve efficiency and achieve more profitable growth. By simplifying responsibilities, the new structure is expected to enable K+N’s business and functional units to adapt their strategy in line with rapidly changing market developments and implement business decisions more quickly. It will also ensure greater global consistency as well as customer proximity, said K+N. The historically-evolved regional structure will be discontinued and responsibil ..read more