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  • Turkish Cargo supports perishables exporters

    ISTANBUL: July 21, 2017. Phuket has become Turkish Airlines 300th destination with the launch of a four times weekly passenger service plus A330 freighter capacity from Istanbul on July 17. Turkish Cargo has also begun shipping fish from Bodrum on the Aegean Sea to Kuwait via a B737-800 passenger service for same-day delivery to consumers in Kuwait City. One of the leading fish farms in the Bodrum region is Kılıç that has expanded in the past 20 years and now produces 40,000 tons of Mediterranean Sea Bream and Sea Bass, Meagre, Rainbow Trout and Bluefin Tuna. With a turnover of Read More
  • America’s largest trade gateway aims for near-zero emissions

    SAN PEDRO BAY, CA: July 19, 2017. The ports of Los Angeles and Long Beach, America's two largest ports, have published a plan to reduce trucks and terminal equipment emissions "to zero or near-zero" levels by 2035 at an estimated cost of US$7-US$14 billion. The two ports handle approximately 40 percent of all U.S. containerized import traffic and 25 percent of its exports. Their updated Clean Air Action Plan (CAAP) aims to reduce greenhouse gas emissions 40 percent below 1990 levels by 2030 and 80 percent below 1990 levels by 2050. A shopping list of objectives planned to launch next Read More
  • United Cargo increases revenue

    CHICAGO: July 18, 2017. United Airlines has reported a 39.1 percent increase in net profit to US$818 million for the second quarter 2017 on a 6.4 percent rise in revenue to US$10 billion compared to the same period last year. Revenue from Cargo rose 22.1 percent in the quarter to reach US$254 million and 18 percent in the first half of the year to total US$474 million. United expects its 2017 capacity to increase 2.5-3.5 percent year-over-year. "The positive financial and operational performance this past quarter demonstrates that United is firmly on the right path," said CEO Oscar Munoz. "No Read More
  • Post-Brexit Britain to rely on emerging markets?

    BAAR, Switzerland: July 19, 2017. As Britain's Conservative government acknowledges the one-time cost of leaving the EU could be £66 billion, Agility Logistics expects the country "will try to spark its economy through trade with emerging markets" after March 2019. In a report produced in conjunction with analyst Transport Intelligence, Agility says the more difficult the divorce, the more likely Britain will seek quick trade deals with Malaysia, Sri Lanka, Gulf Cooperation Council countries and Brazil. China and India, it notes, "have the muscle to press the UK for significant concessions and [deals] are unlikely to be hashed out rapidly." Read More
  • DHL Vietnam delivery goes electric

    HO CHI MINH City, Vietnam: July 17, 2017. DHL eCommerce has launched a nationwide domestic delivery operation including the use of electric motorbikes for last-mile delivery. The company is offering nationwide coverage to SMEs with next-day delivery in Ho Chi Minh and Hanoi. "Practical innovation lies at the core of our domestic delivery networks all around Southeast Asia, and Vietnam is no exception with its fleet of environmentally-friendly electric motorbikes already in action on the streets," said DHL eCommerce Vietnam managing director Thomas Harris. Last year Vietnamese consumers spent US$1 billion on eCommerce transactions despite only 50 percent of the Read More
  • Bahri and Bolloré build a business

    RIYADH: July 18, 2017. The National Shipping Company of Saudi Arabia (Bahri) is setting up a joint venture with Group Bolloré to provide end-to-end logistics and supply chain solutions throughout the GCC. With an initial capital of SAR15 million, the joint venture will leverage Bolloré's global reach and logistics platform and Bahri's local logistics expertise and fleet of multi-purpose vessels. The new company will be called Bahri Bolloré Logistics with Bahri owning 60 percent of the shares and Bollore the remaining 40 percent. Both companies have agreed to increase the share capital to SAR30 million following incorporation that is expected Read More
  • How to Avoid Digging With Spoons

    Fred Smith, founder, chairman and CEO of FedEx Corp. says new technology and innovation can be a force for good rather than to feared: "Legend has it that well-known 20th-century economist Milton Friedman once visited a canal-building site in China where thousands of people were digging with shovels to complete the project. Friedman asked the foreman why they didn't bring in heavy equipment to get the job done better and faster. The foreman told him that would put a lot of people out of work. 'In that case, why not have them dig with spoons?' Friedman said. "Despite the many Read More
  • Freightweek news update Week 29

    BASEL: July 20, 2017. Panalpina has reported a consolidated a net profit of CHF29.9 million for the first half of 2017 on net forwarding revenue of CHF2.6 billion. Read more: Panalpina_H1.pdf ATLANTA/CHICAGO: July 20, 2017. Coyote Logistics, a business unit of Atlanta-based UPS, is investing US$6 million in a new 48,000 square foot Atlanta-based facility. Read more: Coyote.pdf ATLANTA/TOKYO: July 20, 2017. Delta Air Lines Cargo has appointed Eric Anderson as director, Cargo Sales for the Asia-Pacific region, a role previously held by Eric Wilson, who was recently promoted to managing director, Global Cargo Sales. Read more: Asia-Pacific_director.pdf NEU-ISENBURG, Germany: July Read More
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Latest News

Written on 21/07/2017, 19:35
new-india-tax-will-mean-savings-say-expertsDELHI: July 21, 2017. The implementation of a new Goods and Services tax (GST) in India, as a replacement for a myriad of local and state levies, has...
Written on 20/07/2017, 22:27
america-s-largest-trade-gateway-aims-for-near-zero-emissionsSAN PEDRO BAY, CA: July 19, 2017. The ports of Los Angeles and Long Beach, America's two largest ports, have published a plan to reduce trucks and...
Written on 19/07/2017, 17:41
post-brexit-britain-to-rely-on-emerging-marketsBAAR, Switzerland: July 19, 2017. As Britain's Conservative government acknowledges the one-time cost of leaving the EU could be £66 billion, Agility...
Written on 18/07/2017, 18:26
politics-not-economics-key-to-inequality-says-researchBOSTON: July 17, 2017. Research by Oxfam suggests the poorest half of the world's population has received one percent of the total increase in global...
Written on 14/07/2017, 19:08
first-circular-economy-msc-launchedCRANFIELD, UK: July 14, 2017. Cranfield University is launching the world's first MSc course on the circular economy in October. The part-time...
Written on 14/07/2017, 16:23
delta-q2-cargo-revenue-upATLANTA: July 14, 2017. Delta Air Lines has reported a second quarter (Q2) 2017 net profit of US$1.22 billion on revenue of US$10.79 billion, compared...

freightweek - sustainability in the global logistics industry

According to Unilever CEO Paul Polman, geopolitical and climate-related factors mean an extra €300 million a year in distribution costs. He says this not only impacts shareholders but also five million people in the company's supply chain and more than two billion consumers. Unilever's answer: https://www.unilever.com/sustainable-living/

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