The economic growth uncertainty, caused by Russia’s invasion of Ukraine and consequent global sanctions, is taking a bite out of investment expectations for the global supply chain industry that had begun to recover from Covid-induced headwinds. One such casualty of the gathering storm is the fate of India’s national carrier, the Shipping...
It was a spirited, in Swiss fashion, and spiritual Detlef Trefzger (pictured below) this week during one of his last conference calls with analysts before stepping down as CEO of Kuehne + Nagel (K+N) this summer. With K+N veteran Stefan Paul – part of the management board since 2013 – starting as CEO...
I duly apologise, as your daily dose of supply chain-related folklore is in the freezer for a one-off ‘war radar’ note instead today, trying to keep the emotions in check. Blame or thank Rose Our lovely and very talkative maid from Moldova. And then I needed time to let war feelings sink into my...
A year that will be consigned to the history books as the most successful in Kuehne + Nagel’s history didn’t finish with a big bang financially, drawing from its annuals released today compared to expectations, but its temporary action in early trade on the stock exchange was very different. Why? (Now click...
Freight forwarder association Clecat is asking the EC competition directorate to urgently investigate what it claims are “distortions” in the liner shipping market. Clecat wrote to commissioner Margrethe Vestager calling for the regulator to establish “the degree of concentration, consolidation, coordination, and cartelisation in the upstream container liner shipping services markets serving...
PRESS RELEASE Asia focus: Partnership with Singapore’s national flag carrier will enable bookings for high quality cargo capacity in Asia’s busiest hubDigitalization excellence: Airline leverages cargo.one’s digital technology to ensure impeccable end-to-end booking experience for cargo customersSingapore | Berlin, February 17, 2022 – Singapore Airlines Cargo and cargo.one today announced a global...
PRESS RELEASE Dresden, Germany and Singapore, 16th February 2022 – Elbe Flugzeugwerke (EFW), Centre of Excellence for Airbus freighter conversions and joint venture of ST Engineering and Airbus, today announced new orders for six A321 Passenger-to-Freighter (P2F) orders by SmartLynx Airlines (SmartLynx), an European ACMI charter and cargo operator. This latest order will greatly boost the...
PRESS RELEASE Global air and travel service provider to open state-of-the-art cargo terminal in 2024 Amsterdam/Scherfede, 15 February 2022 – dnata, a leading global air and travel service provider, has contracted Lödige Industries, the world’s leading provider of cargo terminal solutions, to supply their new cargo terminal at Amsterdam Airport Schiphol. Due to construction measures at Schiphol to...
A situation can turn swiftly from stress-free to stressful, but there are often remedies before us that, unfortunately, we aren’t able to detect at first glance. Briefly, on Premium‘s screen today: DSV’s start to the week was another one to forget, drawing from its share price action. The stock hit Dkr1,244.5 in early...
PRESS RELEASE Virgin Atlantic Limited and Neste Oyi are pleased to announce the UK supply of 2.5 million litres/2,000 metric tonnes of neat Sustainable Aviation Fuel (SAF), which will be delivered in the first half of 2022 to London Heathrow. The supply is an important step towards the airline’s target of 10%...
