Filed in Air Freight
Wednesday, July 27, 2011
Given the uncertain nature of the economy, coupled with lessons learned from DHL Express in the U.S. and how it was forced to exit the U.S. market not all that long ago, this seems like the right move by Schenker. After all, should things improve, it can always come back with dedicated air cargo service here in the U.S.
UPS said this week that it has begun operating flights into Chengdu, China as part of an effort to expand its connections between Asia, Europe, and the United States.
Monday, July 25, 2011
Less than a month after reports indicated that Deutsche Bahn was considering shuttering its United States-based DB Schenker Logistics, a third-party logistics, trucking, and airfreight services provider, Schenker Inc. said late last week it is making significant changes to its North American business model.
Tuesday, July 19, 2011
As fellow blogger – Mike Regan – notes in a recent fine article by Jeff Berman, “there has never been a period of volatility in fuel prices like there has been in the last year."
Friday, July 01, 2011
The cost of the U.S. business logistics system jumped up 10.4 percent in 2010, making up more than half of the preceding year’s decline. But don’t expect gains like this to continue as the economy begins to slow and all four transportation modes scramble to make adjustments during this period of unprecedented volatility.
Challenges remain, but carriers prove resilient
Tuesday, June 28, 2011
As we discussed last week, air cargo shippers are increasingly concerned about the ongoing recovery of service in the Asia Pacific trade lanes.
Monday, June 27, 2011
The report stated that Deutsche Bahn management is considering restructuring Schenker’s U.S. business but added a withdrawal is more possible. And it added that Schenker management was due to deliver a business update by mid July and Deutsche Bahn executives plan to take a decision on the future of its U.S. business by the end of the year, possibly as early as August.
Wednesday, June 15, 2011
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.
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Tuesday, June 14, 2011
While the International Air Transport Association further downgraded its 2011 airline industry profit forecast to $4 billion, Asia-Pacific carriers are expected to earn $2.1 billion—the most profitable of all regions.