As forwarders help shippers to go greener, they also find it can be cheaper

Covid-19 might have put businesses’ environmental concerns on the back burner, temporarily, but the issue is not going away – and increasing numbers of shippers are asking their forwarders for help.
“Businesses have a lot to focus on right now,” said Frank Clary, vice president sustainability for Agility. “But coming out of Covid, none of these issues will have gone away.”
The good news is that cutting emissions often goes hand in hand …

The post As forwarders help shippers to go greener, they...

https://theloadstar.com/as-forwarders-help-shippers-to-go-greener-they-also-find-it-can-be-cheaper/

Against the odds: Moving the M&A needle with Agility in logistics

It takes a huge leap of faith – or just a blind leap – at the moment to suggest the mere thought that M&A could happen and be transformational, too, in freight forwarding (FF) and, more broadly, shipping and logistics. Fine.
Yet the latest wild rumours about a change of ownership at a mid-sized forwarder like JAS Worldwide – a very unlikely sell, I insist – has elicited sharply divergent views across a number …

The post Against the odds: Moving the M&A needle with Agility in logistics appeared...

https://theloadstar.com/against-the-odds-moving-the-ma-needle-with-agility-in-logistics/

Shippers pressured into no-roll premiums as full ships give carriers the edge

Shipping lines are using rollovers to bump up freight rates, ‘forcing’ the vast majority of shippers to pay no-roll premiums.
According to Cas Pouderoyen, head of ocean freight at Agility, around 80% of shippers feel they have to pay premiums of $400 to $500 per container on the deepsea trades.
“Otherwise, odds are, you’re going to be rolled,” he said.
“That’s happening with cargo going Europe-to-Far East, Far East-to-Europe and transpacific-eastbound. The latter …

The post Shippers pressured...

https://theloadstar.com/shippers-pressured-into-no-roll-premiums-as-full-ships-give-carriers-the-edge/

M&A radar: Agility in creative EV deal, bets on third-party (non-logistics) M&A

Stretching brains: ever heard of reverse captive financing – or just captive financing in all its possibly vast and wider applications – with a twist where deeper commercial and capital ties are on offer?
Here comes a rather interesting development, posted by 3PL Agility – in its typically essential communication style – on its website on Sunday, 28 June. So far it seems to have slipped through the trade media net in …

The post M&A radar: Agility in creative EV deal, bets on third-party...

https://theloadstar.com/ma-radar-agility-in-creative-ev-deal-bets-on-third-party-non-logistics-ma/

Market Insight: As DSV loses APAC sales VP, only one ex-Panalpina exec is left to bet on now

Frantic, entertaining and spiritual – what a week we just had.
The back and forth in my marketplace was driven by betting odds, as the pandemic has exacerbated moves in the hunt for senior people rather than numbers.
And so the game began on Monday before reaching its climax 48 hours later, with virtually everybody in the trusted crew of Premium willing to speculate on Stefan Karlen, the ex-CEO of Panalpina.
But other news …

The post Market Insight: As DSV loses APAC sales VP, only one...

https://theloadstar.com/market-insight-as-dsv-loses-apac-sales-vp-only-one-ex-panalpina-exec-is-left-to-bet-on-now/

Agility preorders 1,000 Hyliion hybrid-electric trucks

Hyliion ERX hybrid electric truck

Traveling an accelerated path to public trading, Hyliion Inc. introduced its Class 8 hybrid Hypertruck Electric Range Extender (ERX) with a 1,000-unit preorder from logistics giant Agility, which is also investing in the special purpose acquisition company (SPAC) bringing the 5-year-old startup to market.

Hyliion claims the fully electric drivetrain and natural gas-powered onboard generator will provide more than 1,000 miles of range. The powertrain produces electricity for about 30% lower cost...

https://s29755.pcdn.co/news/agility-preorders-1000-hyliion-hybrid-electric-trucks

FreightWaves LIVE @HOME: Fuller Speed Ahead with guest Peter Rentschler, CEO of CarrierDirect Innovations in the Market

On the first afternoon of FreightWaves LIVE @HOME, Craig Fuller, CEO of FreightWaves and Peter Rentschler, CEO of CarrierDirect, candidly discussed the innovation and strategies required for companies to remain agile in a pandemic-struck economy. 

“COVID-19 has put a spotlight on the businesses that are architected to move quickly and make fast decisions,” said Rentschler. “We had some clients that spent the first two weeks of the pandemic going to every Best Buy within a 100-mile radius buying...

https://www.freightwaves.com/news/freightwaves-live-home-fuller-speed-ahead-with-guest-peter-rentschler-ceo-of-carrierdirect-innovations-in-the-market

EXCLUSIVE Market Insight: Agility by name and strategy in China

Only very recently Kuwait’s Agility reshuffled its leadership team in logistics, somewhat unexpectedly, as GIL leader Essa Al-Saleh stepped down from the CEO role – you read it here first, some days before the official announcement was made.
So in the spirit of trying to stay ahead of the curve – which makes us all at Premium feel very good in these difficult times – we have more Agility-related managerial restructuring news …

The post EXCLUSIVE Market Insight: Agility by name and strategy in...

https://theloadstar.com/exclusive-market-insight-agility-by-name-and-strategy-in-china/

EXCLUSIVE Market Insight: Agility’s GIL CEO departure dwarfs 2019 numbers

Trying to find sweet spots in Agility’s annual results this week – they were a few, well displayed too – I felt vindicated when I shared the view that in its current form, with infrastructure assets and Global Integrated Logistics (aka “GIL”; logistics/freight forwarding operations) under the same corporate umbrella, Agility may have no real reason to exist if, as management have been hinting, it plans to be acquisitive.
Problem is, for M&A …

The post EXCLUSIVE Market Insight: Agility’s GIL CEO...

https://theloadstar.com/exclusive-market-insight-agilitys-gil-ceo-departure-dwarfs-2019-numbers/

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