Logistics has built up a rock-solid reputation for being conservative, lacking dynamism, trailing other industries in many ways, thus falling behind developments in automotive, trade or
This may apply to the past. Meanwhile, the wind has changed, evidenced at the 35th German Logistics Congress held in Berlin last week and organized by Bundesvereinigung Logistik (BVL). During the three-day event, the 3,539 attendees were presented a wealth of innovations. Read more>
India's Tata Group, the country's largest business conglomerate, has held preliminary talks to buy a large stake in struggling Jet Airways, the Times of India reported.
Jet Airways, founded by Naresh Goyal, has sought an equity collaboration, said the report, but Tata Sons, the parent of the US$103 billion business behemoth, has sought management control.
Unit Load Device manager Jettainer announced the launch of a Black Box that will be attached to containers, to monitor multi-sensorial noise, vibration, humidity, temperature, and a multitude of other aspects from the loading of shipments by air until their unloading at destination. At the beginning of 2019 the practical proof of concept phase will begin. Read more>
Swiss-based CEVA Logistics, one of the world’s largest cargo logistics set-ups, has been often in the news during the past twelve months due to joint venture deals, operative changes and management renewals or promotions. Their success has seemingly not gone unnoticed and one or the other company has cast an eye on them as a possible takeover candidate. It seems that CEVA’s management however is not open for such discussions - for the moment at least. Read more>
IN BRIEF, THE LATEST CARGO AIRLINE INDUSTRY NEWS. Read more>
HNA shareholders last week voted overwhelmingly to block the proposed sale by Hainan Airlines Holdings of its Beijing HNA Plaza office building to property giant China Vanke, claiming the price tag was too low, the South China Morning Post reported. Read more>
Australian logistics software company WiseTech Global has made its third local acquisition in the last year, buying Sydney-based parcel shipping and less than truckload (LTL) software provider SmartFreight for up to A$55 million (€34.2 mio.), the Australian Financial Review (AFR) reported.
During the Second Supply Chain and Logistics Conference held last week in Riyadh, Cargo Chief Omar Talal Hariri of Saudi Airlines confirmed the freight carrier’s commitment to achieving the objectives of the “Vision 2030” to convert the Arabian country into a major global hub for cargo transports and related services. Read more>
It’s just about two weeks ago that we exclusively reported on Olivier Bijaoui’s return to the air cargo scene after a respite of two years. Almost nobody in the ground handling circles
expected Olivier to remain out-of-sight.
Now, today (16 October) he dropped a further bombshell with the notification of his new set-up in the United States. Read more>
Australia Post said it has signed a five-year deal with the Commonwealth Bank of Australia (CBA) and multi-year pacts with two other Australian banks, Westpac and NAB, under which the banks will support critical investment in Australia Post's Bank@Post service. Read more>
The Hamburg, Germany-based shipping line intends to convert one of their large vessels from traditional oil burn to Liquid Natural Gas use. Others no older that 6 or 7 years could follow. The pilot project, scheduled to be accomplished within 2019, is part of their policy for greener shipping demanded by the International Maritime Organisation (IMO) in their 2020 scheme, including the sharp reduction in the sulphur content of fuel oil. Details were tabled on Monday (Oct 17) by experts at the company’s headquarters located in downtown Hamburg. Read more>
Messe Munich, the world’s leading trade fairs in air and sea freight, transportation and logistics matters has acquired its competitors Air Cargo India and Air Cargo Africa from Indian owner STAT Trade Times. Through the step, air freight will play an even more prominent role in future expositions run by Messe Muenchen. Read more>