The Journal of Commerce: Freight Forwarders

Kintetsu World Express Profit Jumps 16.5 Percent

cbrooks — Fri, 10 Feb 2012 16:34:28 +0000

Japanese forwarder overcomes flat revenue, disruptive earthquake Hisane Masaki, special correspondent Air + Expedited The Journal of Commerce Online

Hong Kong Holds Off Memphis as Top Cargo Airport

cbrooks — Fri, 10 Feb 2012 16:10:26 +0000

FedEx hub closes the gap as export slowdown hits Asian airports

Mike King, special correspondent

Hong Kong International retained its title as the world’s largest air cargo gateway in 2011, despite a decline in volume resulting from Asia’s slowing exports.

OHL to Pay $1 Million Cargo Security Violation Fine

dbrundage — Thu, 09 Feb 2012 17:46:07 +0000

Justice Department said air forwarder failed to properly screen packages for explosives R.G. Edmonson, Associate Editor Security The Journal of Commerce Online

Kerry Expands Thailand Port Operations

Paul Page — Thu, 09 Feb 2012 14:28:44 +0000

Logistics operator breaks ground on terminal expansion at Laem Chabang port Mike King, Special Correspondent Warehousing/Distribution The Journal of Commerce Online

Nippon Express Revenue Surges 67.3 Percent

mszakonyi — Mon, 06 Feb 2012 14:48:22 +0000

The end of a retirement-related loss boosted earnings on flat revenue Hisane Masaki, Special Correspondent Freight Forwarders The Journal of Commerce Online

Congress Set to Vote on FAA Reauthorization

cbrooks — Thu, 02 Feb 2012 14:56:10 +0000

Compromise on labor dispute yields four-year, $64 billion bill R.G. Edmonson Government + Regulation The Journal of Commerce Online

Kuehne + Nagel Buys Australian Perishables Forwarder

mszakonyi — Thu, 02 Feb 2012 14:05:12 +0000

Link Logistics International supports perishables supply chains to Asia, Middle East Bruce Barnard, Special Correspondent Freight Forwarders The Journal of Commerce Online

Yusen Logistics Profit Surges on Revenue Jump

mszakonyi — Wed, 01 Feb 2012 15:27:12 +0000

Net profit rose 14.7 percent to $43.2 million on a 90.9 percent revenue jump Hisane Masaki, Special Correspondent Supply Chain Management The Journal of Commerce Online

Toll Denies Teamsters' Charge It Underpays Drivers

Paul Page — Mon, 30 Jan 2012 22:50:08 +0000

Forwarder says it is not trying to delay union's effort to organize drivers Bill Mongelluzzo, Associate Editor Ports/Terminals The Journal of Commerce Online

C.H. Robinson Names Medical Distribution Specialist to Board

Paul Page — Sat, 21 Jan 2012 16:22:34 +0000

Patterson CEO heads company focused on 'total-package approach' to business JOC Staff Warehousing/Distribution The Journal of Commerce Online

Forwarder CGL Plans to Add 10 Stations

mszakonyi — Thu, 22 Dec 2011 15:28:42 +0000

Newly tapped CGL President Dominick Muzi will manage expansion JOC Staff Freight Brokers The Journal of Commerce Online

DB Schenker, Estes in Talks on US Distribution

mszakonyi — Mon, 19 Dec 2011 18:05:58 +0000

Forwarder completes restructuring of U.S. services in deal with trucker JOC Staff Supply Chain Management The Journal of Commerce Online

Air Freight Price Index Jumps 14.7 Percent in October

Paul Page — Tue, 13 Dec 2011 20:49:59 +0000

Drewry rate index reaches 12-month high with first substantial gain since April JOC Staff International Air The Journal of Commerce Online

Panalpina to Create Three Regional CEO Positions

mszakonyi — Fri, 09 Dec 2011 16:56:50 +0000

Part of Swiss logistics group's effort to increase productivity, get closer to customers Bruce Barnard, Special Correspondent Supply Chain Management The Journal of Commerce Online

Norbert Dentressangle Eyes Growth With China Acquisition

Paul Page — Tue, 06 Dec 2011 13:29:56 +0000

Company’s buy of Chinese forwarder sets up greater global reach in trade JOC Staff Freight Forwarders The Journal of Commerce Online

UTi Worldwide Profit Rises 8 Percent

mszakonyi — Fri, 02 Dec 2011 15:14:58 +0000

Says economic shifts will cut into earning in the rest of 2011 Mark Szakonyi, Daily Content Editor Freight Forwarders The Journal of Commerce Online

Aramex Expands in China through Joint Venture

mszakonyi — Mon, 28 Nov 2011 13:56:26 +0000

Agreement with Sinotrans Air expands Middle East-based provider's reach Mike King, Special Correspondent Freight Forwarders The Journal of Commerce Online

NYK Logistics, Yusen Merge Indian Operations

mszakonyi — Fri, 18 Nov 2011 13:51:56 +0000

Merger was the lastest in a phased global integration program JOC Staff Supply Chain Management The Journal of Commerce Online

Agility Profit Plunges on Lost Government Contracts

mszakonyi — Wed, 16 Nov 2011 13:46:28 +0000

Logistics group's profit fell to $29.2 million, revenue shrank 19 percent Bruce Barnard, Special Correspondent Supply Chain Management The Journal of Commerce Online

Ocean, Air Traffic Boost Damco Profit 8 Percent

mszakonyi — Thu, 10 Nov 2011 15:28:22 +0000

Forwarder's profit rose to $567.7 million despite "difficult market conditions" Mark Szakonyi, Daily Content Editor Freight Forwarders The Journal of Commerce Online

Kintetsu World Express Profit Rises 19.3 Percent

mszakonyi — Wed, 09 Nov 2011 18:23:23 +0000

Japan's second-largest international forwarder grew profit to $60.5 million Hisane Masaki, Special Correspondent Freight Forwarders The Journal of Commerce Online

Kuehne + Nagel Pleads Guilty to Price Fixing

Paul Page — Sat, 05 Nov 2011 20:09:44 +0000

U.S. judge approves agreement, forwarder to pay $9.9 million

JOC Staff

Kuehne + Nagel will pay a $9.9 million penalty after pleading guilty to charges in the United States that the global freight forwarder conspired with its competitors to fix air freight rates.

Nippon Express Doubles Profit on Flat Revenue

mszakonyi — Fri, 04 Nov 2011 14:24:36 +0000

Japan's largest forwarder saw profit surge 133.9 percent to $128 million Hisane Masaki, Special Correspondent Freight Forwarders The Journal of Commerce Online

Expeditors Overcomes Market for Record Profit

Paul Page — Thu, 03 Nov 2011 18:56:33 +0000

An 11 percent gain in net profit comes despite falling revenue, volume JOC Staff Freight Forwarders The Journal of Commerce Online

Currency Pulls Panalpina Profit Down 7 Percent

mszakonyi — Thu, 03 Nov 2011 13:14:59 +0000

Forwarder saw strong ocean container traffic, air cargo margins in third quarter Bruce Barnard, Special Correspondent Freight Forwarders The Journal of Commerce Online

Yusen Logistics Profit Falls, Revenue Jumps

mszakonyi — Tue, 01 Nov 2011 15:50:23 +0000

Japanese freight forwarder saw profit fall 16.6 percent, revenue rise 90.6 percent Hisane Masaki, Special Correspondent Freight Forwarders The Journal of Commerce Online

Forward Air Profit Soars 45 Percent

Paul Page — Thu, 20 Oct 2011 17:08:01 +0000

Trucker sees shipping trends improving, business growing by double digits JOC Staff Domestic Air The Journal of Commerce Online

Kuehne + Nagel Boosts Profit 1.1 Percent

mszakonyi — Mon, 17 Oct 2011 14:26:10 +0000

Earnings growth in first nine months of 2011 came during softening freight market Bruce Barnard, Special Correspondent Logistics + Economy The Journal of Commerce Online

Dependable Companies Switches on Solar Power

mszakonyi — Wed, 12 Oct 2011 14:59:21 +0000

Multi-modal transportation firm will use solar modules to power headquarters William B. Cassidy, Senior Editor LTL The Journal of Commerce Online

DHL Launches Three Germany-Africa LCL Services

mszakonyi — Wed, 28 Sep 2011 17:46:03 +0000

Forwarder taps growing German exports to Ghana, Kenya, South Africa Mark Szakonyi Container Shipping The Journal of Commerce Online

Kintetsu World Express Settles US Antitrust Case

mszakonyi — Wed, 28 Sep 2011 14:55:38 +0000

Japan's second-largest forwarder will pay $10.5 million fine Hisane Masaki Freight Forwarders The Journal of Commerce Online

Panalpina Adds Three Inter-Asia LCL Services

mszakonyi — Fri, 23 Sep 2011 15:51:01 +0000

Launches weekly services to Singapore from Vietnam, Cambodia, Philippines Mark Szakonyi Container Lines The Journal of Commerce Online

MOL Logistics Expands in 12 African Countries

mszakonyi — Thu, 22 Sep 2011 13:20:50 +0000

Signs contract with undisclosed Dubai-based freight forwarder Hisane Masaki Freight Forwarders The Journal of Commerce Online

Panalpina To Lease Two 747-8 Freighters

mszakonyi — Fri, 16 Sep 2011 13:27:10 +0000

Atlas Air will deliver freighters to Swiss forwarder in the first half of 2012 Bruce Barnard Cargo Airlines The Journal of Commerce Online

UTi Worldwide Profit Grows 22 Percent

mszakonyi — Fri, 02 Sep 2011 15:40:40 +0000

Revenue grows 13 percent on improved per-unit yields, currency gains JOC Staff Freight Forwarders The Journal of Commerce Online

Jacobson Parent Buys Asian Forwarder

mszakonyi — Thu, 01 Sep 2011 14:48:08 +0000

Acqusition complements third-party logistics provider's Hong Kong, China services Peter T. Leach Freight Forwarders The Journal of Commerce Online

Globe Express Expands in Miami, China

mszakonyi — Wed, 31 Aug 2011 20:17:06 +0000

Forwarder plans to expands its network from 42 stations to 50 by end of 2011 Mark Szakonyi Warehousing/Distribution The Journal of Commerce Online

Panalpina Starts Intra-Asia Truck Network

mszakonyi — Tue, 30 Aug 2011 13:01:25 +0000

Service will offer Shenzhen to Bangkok in four days, forwarder says JOC Staff Truckload The Journal of Commerce Online

Purolator Adds Three US Offices

mszakonyi — Mon, 29 Aug 2011 21:16:49 +0000

Branch offices in Houston, Miami, Milwaukee to open by end of 2011 William B. Cassidy Parcel + Package The Journal of Commerce Online

Toll Annual Profit Rose 1 Percent to $281 Million

mszakonyi — Thu, 25 Aug 2011 14:14:41 +0000

Australia-based logistics firm hurt weaker automotive business in its home country Mike King Supply Chain Management The Journal of Commerce Online