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Logistics

SEKO Logistics Acquires Majority Stake in Omni-Channel Logistics

Chennai: Port Wings News Network: SEKO Logistics has acquired a majority shareholding in its strategic partner Omni-Channel Logistics to solidify and grow its eCommerce and technology solutions for retailers, pure-play etailers, marketplaces and platforms. The two companies have enjoyed a highly successful and growing partnership since Managing Director Kai Lincoln …

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Panalpina Enlarges its Executive Board

Chennai: Port Wings News Network: Panalpina on 5 September announced that it is enlarging the company’s Executive Board, to include its three core products: Air Freight, Ocean Freight, and Logistics. “Our company has ambitious growth targets for the coming years and a clearly defined plan for reaching them. Our three …

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IATA Releases Comprehensive Report on Indian Aviation

New Delhi: Port Wings News Network: The International Air Transport Association (IATA) on 4 September 2018 released a comprehensive report on India’s aviation market. The report focuses on the challenges of realizing the economic and social benefits of an Indian aviation industry that has tremendous potential for continued high-speed demand …

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DSV Acquires S&H To Further Boost e-commerce Business

Chennai: Port Wings News Network: DSV, provider of supply chain solutions for thousands of companies every day – from the small family run business to the large global corporation, has acquired S&H, which offers a comprehensive range of end-to-end fulfilment services –warehousing; response handling; financial fulfillment, e-fulfilment and supply chain …

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WFS Invests in New Cargo Terminal at Milan-Malpensa Airport

Chennai: Port Wings News Network: Worldwide Flight Services (WFS) has increased its ability to support growing cargo volumes at Milan-Malpensa Airport by investing in a new cargo terminal capable of handling over 47,000 tonnes a year. Malpensa is WFS’ first cargo handling facility in Italy, where the company previously only …

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Kerry Logistics Achieves Double-Digit Growth

Chennai: Port Wings News Network: Kerry Logistics Network Limited on 30 August 2018 announced the Group’s interim results for the six months ended 30 June 2018. The Group’s Financial Highlights Turnover increased by 27% to HK$17,461 million (2017 1H: HK$13,705 million) Core operating profit increased by 19% to HK$1,216 million …

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Mahindra Logistics Acquires Technology Startup ShipX

Mumbai: Port Wings News Network: Mahindra Logistics (MLL), one of India’s largest Third-party logistics (3PL) solution providers, on 30 August 2018 announced the acquisition of a strategic stake in Transtech Logistics, also known as ShipX. ShipX is a SAAS (Software as a Service) based Transport Management Solution (TMS) platform that …

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Moderate Freight Growth Continues in July, Up 2.1% : IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1% in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May …

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AirBridgeCargo Airlines Transports its 500th Aircraft Engine in 2018

Chennai: Port Wings News Network: AirBridgeCargo Airlines (ABC), one of the world’s leading international cargo carriers, has transported its 500th aircraft engine in 2018, supporting long-term customers with the provision of timely, seamless and safe transportation of these highly delicate shipments. “The 500th jet engine is another milestone for ABC …

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AIRBRIDGECARGO Demonstrates Live Animals Transport Expertise

Chennai: Port Wings News Network: AirBridgeCargo Airlines (ABC), one of the leading air cargo carriers in the world, has successfully transported 66 giraffes onboard one of its Boeing 747 freighters. The charter flight was operated at the end of July from South Africa’s O. R. Tambo International Airport near Johannesburg …

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