Losses continue to add up for CEVA in Q3

Posted By Tony Sanchez / Logistics Company / 0 Comments

November 13, 2018 Losses continue to pile up at CEVA Logistics with a negative third quarter result of $86 million, not helped by issues in Italy. The third quarter result compares to a loss of $22 million in the same period of 2017, with year-to-date losses coming in at $198 million, compared to $124 million […]

K+N to manage spare parts for Pratt & Whitney

Posted By Tony Sanchez / Logistics Company, Uncategorized / 0 Comments

November 8, 2018 Kuehne + Nagel has signed multi-year contract with Pratt & Whitney to manage the distribution of military and commercial aftermarket spare parts. Under the agreement, Kuehne + Nagel will manage a 300,000 square foot distribution centre in Atlanta, Georgia. With responsibility for the receipt, warehousing and inventory control of over 40,000 aircraft […]

ULD CARE launches tools to improve ULD safety

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October 11, 2018 ULD CARE has launched two new tools, the Strap App and Wind Speed Calculator to help ULD operators improve safety and reduce damage. The Strap App is available in the iTunes store with an Android version coming soon, with the Wind Speed Calculator being available on ULD CARE’s website. ULD CARE president, […]

Novo Holdings acquires 25% equity stake in Envirotainer

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September 19, 2018 Novo Holdings has agreed to acquire a 24.9 per cent of the equity in Envirotainer in partnership with the private equity firm Cinven. The Danish life science investor says Envirotainer was an attractive investment due to its innovative product offering; consistent service delivery and global delivery capability; attractive market due to the […]

FlyKargo to manage cargo services for JetBlue Airways

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September 11, 2018 FlyKargo is partnering with JetBlue Airways to move cargo between Fort Lauderdale and San Juan, Puerto Rico as part of a three month pilot programme beginning on 15 October. Miami-based FlyKargo specialises in managing air cargo services to low cost airlines and will focus on providing fast and reliable services to registered […]

Kerry Logistics forms subsidiary in Pakistan

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September 10, 2018 Kerry Logistics has extended its foothold in Pakistan by forming a new subsidiary to tap into trade and opportunities on the China-Pakistan Economic Corridor (CPEC). The subsidiary provides air and ocean freight, cross-border road freight to Afghanistan and China, project logistics and inland trucking services through its offices in Karachi and Lahore. […]

K+N upgrades European pharma fleet with 35 new trailers

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September 5, 2018 Kuehne + Nagel has upgraded its European Pharma Fleet with 35 new trailers for its intermodal KN PharmaChain connection. The new trailers are fully GxP compliant and offer state-of-the-art technology for temperature controlled transport, including dual temperature, double-deck equipment, Transport Asset Protection Association compliant integrated security locks to be opened remotely with […]

Kuehne + Nagel to establish single region for Europe

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August 30, 2018 Kuehne + Nagel will establish a single region for Europe, consolidating management for all countries under one roof with its head office in Hamburg, Germany. Dr Hansjorg Rodi, who has been responsible for the Central and Eastern European region and managing director for Germany since October 2016, will lead the Europe region. […]

Hermes takes over SEKO Logistics’ German operations

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August 30, 2018 Hermes Germany will be taking over SEKO Logistics’ German operations, with employees at both SEKO’s Bremen and Frankfurt offices being incorporated into the new structure. Hermes will become a key partner for the global SEKO network, which has more than 120 branches in over 40 countries, focusing on omni-channel logistics, white glove […]

K+N establishes Chinese automotive logistics joint venture

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August 24, 2018 Kuehne + Nagel has established a joint venture with Chinese automotive logistics group Sincero, enlarging its contract logistics footprint by almost 70 per cent. The Swiss logistics company has been developing a strong automotive footprint in the country by organically expanding partnerships with premium European brands. Kuehne + Nagel will enlarge its […]