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  • Union Pacific ends 2016 with drop in net profit

    OMAHA, Nebraska: January 19, 2017. Union Pacific Railroad has reported a two percent increase in Q4 net profit of US$1.14 billion on a one percent drop in revenue of US$5.16 billion year-on-year. The company ended 2016 with an 11 percent drop in net profit of US$4.23 billion compared to the previous 12 months on revenue of US$19.94 billion, a decline of 9.0 percent for the comparable period. "While full-year volumes were down substantially year over year, we did see declines moderate in the fourth quarter," commented Union Pacific chairman, president and CEO Lance Fritz. Fourth quarter volumes measured by total Read More
  • ECS provides Jetstar bonus with Finnair contract

    PARIS: January 16, 2017. Finnair has chosen the ECS Group as its new GSSA for Malaysia, Indonesia, Vietnam, the Philippines and Cambodia, while extending its current contract for Singapore. The new partnership will see the ECS market and sell cargo products on behalf of Finnair's A350 and A330 aircraft that have 15 to 20 tons per flight to and from Europe. ECS Group CEO for the Middle East and Asia Jonas Drewsen said: "We are absolutely delighted to win the Finnair contract. Our aim is to structure the whole sales organization, performing yield, cargo capacity, sales and finance management from Read More
  • Busy year for Luxembourg's cargo hub

    LUXEMBOURG, GD: January 20, 2017. Luxembourg Airport has ended 2016 with an 8.2 percent record-breaking increase in airfreight throughput of 821,000 tonnes. The airport said last year's growth exceeded the European average of 6.8 percent and put it in 6th place behind Frankfurt, Paris, Amsterdam, Heathrow, and Leipzig-Halle. Expansion of the airport's cargo apron begins this month at a cost of €40 million for completion by mid-2018 with a possible extension to handle 16 747s simultaneously. The increase in flights by Qatar Airways from six to 17 a week last helped the traffic figures – as did a rise in volumes Read More
  • DHL launches eTruck BtB marketplace

    BONN: January 19, 2017. DHL has launched 'Cillox', a BtB virtual marketplace for shippers to find pre-qualified truck capacity, obtain fast quotes, make a booking and payment, and receive real-time tracking updates. Following a test program that began last September, DHL is now rolling out the platform for shippers and truckers within Germany or from Germany throughout Europe. More modes and geographic coverage will be available in the future said the company. In addition to matching supply and demand, DHL said its new digital platform and mostly human support team (sample, right) reduces "the complexities of interfacing with many different Read More
  • U.S. companies’ call to Trump

    WASHINGON, DC: January 10, 2017. In an open letter to Donald Trump and the new Republican Congress, more than 530 companies with combined revenues of US$1.14 trillion are calling for the U.S. economy to be powered by low-carbon energy. During his campaign for the presidency, Trump called repeatedly for the expansion of America's coal industry and opening up federal lands for oil and gas extraction, claiming the move would create jobs. In marked contrast to Trump's 1980s-era plans and his claim that climate change is a "hoax", the signatories say failure to build a low-carbon economy puts the country's prosperity Read More
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Latest News

Written on 19/01/2017, 20:05
freight-yields-to-continue-falling-says-iataGENEVA: January 19, 2017. In its latest quarterly survey of airline CFOs and heads of cargo this month, IATA said 18 percent of respondents reported an...
Written on 18/01/2017, 21:57
dp-world-joins-agility-maersk-and-upsDUBAI: January 18, 2017. DP World has announced it is joining Agility, Maersk and UPS, who together with TNT formed the Logistics Emergency Teams (LET),...
Written on 18/01/2017, 20:38
first-box-train-from-china-arrives-in-londonLONDON: January 18, 2017. As projected by Brunel Project Cargo on December 30*, the first container train between China and the UK has now arrived at...
Written on 17/01/2017, 22:11
may-rejects-eu-common-external-tariffLONDON: January 17, 2017. British prime minister Theresa May's declaration that the U.K. will make a "hard Brexit" with the European Union will cost UK...
Written on 17/01/2017, 15:59
volunteers-help-stop-hunger-now-deliverMEMPHIS: January 16, 2017. More than 3,000 volunteers from corporate, civic and faith-based groups across the U.S. packed half a million meals on Martin...
Written on 16/01/2017, 23:38
no-trumped-up-proposal-for-a-sustainable-worldLONDON: January 16, 2017: As Donald Trump continues his social media ejaculations against multinational corporate employers, 35 CEOs and civil society...

freightweek - sustainability in the global logistics industry

According to Unilever CEO Paul Polman, geopolitical and climate-related factors mean an extra €300 million a year in distribution costs. He says this not only impacts shareholders but also five million people in the company's supply chain and more than two billion consumers. Unilever's answer: https://www.unilever.com/sustainable-living/

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