A scheme to inflate and maintain freight forwarding surcharges that began shortly after the 9/11 terrorist attacks, and continued until January 2011, has led DHL Express to agree to pay a US$53 million settlement in a class action lawsuit that was filed in 2008. If approved, the settlement will allow DHL to exit the lawsuit.[…]
In yet another example of the strong demand for logistics services in Southeast Asia, Kerry Logistics has opened its first IT development center in Penang, Malaysia, to support the company’s rapidly growing international operations. Hong Kong-based Kerry Logistics said it plans to use the new center as an offshore support center to share resources among[…]
Kuehne + Nagel has opened a 164,000-square-foot logistics hub in west Singapore, located near the island nation’s pharmaceutical and healthcare centers, major manufacturers and ports. The new facility, which will be large enough to serve K+N’s clients in the ASEAN countries, also provides 150,000 square feet of warehousing space. The new facility – the first[…]
It’s a new year, but is it happy? On the first business day of 2016, the world’s financial news services led with the story of a 7 percent drop in China’s CSI Index, sparking fears of a spread to European and North American markets. Our sister publication, Cargo Facts, discusses these fears and asks what[…]
As 2015 drew to a close, Emirates SkyCargo took care of a massive enterprise on behalf of a Japanese construction company, delivering 84 tonnes of machinery needed to build a bridge over the Nile River, near Jinja, Uganda. The journey began at Tokyo’s Narita Airport and ended in Entebbe. The load also included a winch,[…]
Airberlin has joined Etihad Airways in calling for the appeal of a German court ruling made last week, effectively denying Etihad and airberlin the right to continue 31 winter 2015/16 code-shared routes that the two airlines currently operate. Stefan Pichler, CEO of airberlin, said the only entity that benefits from the court ruling is its[…]
