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Flexport’s Ryan Petersen on tariffs, China and fuel surcharges

CNBC has interviewed Flexport’s CEO, Ryan Petersen, on a range of subjects: from the choices facing Apple if its products are hit by tariffs, as Trump has suggested, to the “stickiness” of falling fuel prices, and how companies such as DHL, he claims, don’t reduce surcharges in a timely manner. It’s an interesting interview – but one has to wonder how much Flexport would have had to pay for the …

The post Flexport’s Ryan Petersen on tariffs, China and fuel surcharges appeared first on The...

https://theloadstar.co.uk/flexports-ryan-petersen-tariffs-china-fuel-surcharges/

As global spend on IT rockets, so will its disruptive impact on logistics, says report

Disruption to logistics from technology is only beginning – its impact will increase as more investment pours into the industry.
According to a new study produced jointly by American Global Logistics and Logistics Trends & Insights, global spend on logistics IT will rise to $87.8bn by 2022, up 17% from the outlay in 2017.
The study’s authors say at least 3% of logistics IT investment in 2017 was funnelled into disruptive technologies, like artificial intelligence, robotics …

The post As global...

https://theloadstar.co.uk/global-spend-rockets-will-disruptive-impact-logistics-says-report/

BluJay accelerates customer supply chains with global network update

Manchester, UK – November 27, 2018 – BluJay Solutions, a leading provider of supply chain software and services, announces the release of BluJay Global Trade Network version 19.0.0. BluJay’s latest update delivers expanded multimodal capabilities, new integrations, and additional countries and languages to help companies efficiently manage trade and the movement of goods around the world. BluJay’s cloud-based technology platform delivers an ecosystem of supply chain applications powered by its...

https://theloadstar.co.uk/blujay-accelerates-customer-supply-chains-global-network-update/

CH Robinson targets Chinese import market as consumer spending rockets

With the US-China trade war showing no sign of abating, CH Robinson is setting its sights on China’s booming import market.
The 3PL already controls some 364,000 teu of Chinese eexport transpacific traffic to the US, making it the largest non-vessel operator (NVO) on the tradelane.
However, according to John Chen, vice-president of CH Robinson Asia Global Forwarding, the company is keen to increase volumes tied to China’s ballooning import market, which is …

The post CH Robinson targets Chinese...

https://theloadstar.co.uk/ch-robinson-targets-chinese-import-market-consumer-spending-rockets/

Ceva to boost sea freight forwarding unit with acquisition of CMA CGM Log

Ceva Logistics is set to significantly grow its sea freight forwarding business after an unveiling a new strategic plan that includes acquiring the ocean freight forwarding activities of its major shareholder, CMA CGM.
The revised strategic plan was released today, and it includes an increase its 2021 revenue target to more than $9bn, derived from a projected 5% annual organic growth rate, as well as the addition of $630m from CMA CGM’s freight forwarding …

The post Ceva to boost sea freight...

https://theloadstar.co.uk/ceva-boost-sea-freight-forwarding-unit-acquisition-cma-cgm-log/

Analysis: can Kuehne + Nagel really be eyeing a Panalpina takeover?

The idea that Panalpina “has to go sooner rather than later” is growing in popularity among my sources, notwithstanding public remarks made by Kuehne + Nagel management on Friday and Panalpina on Sunday.
However, beware the hype. I may very well be wrong, but I doubt K+N has any serious intention to take over its smaller domestic rival in its current form, although the ousting of chairman Peter Ulber could trigger …

The post Analysis: can Kuehne + Nagel really be eyeing a Panalpina takeover?...

https://theloadstar.co.uk/analysis-can-kuehne-nagel-really-eyeing-panalpina-takeover/

Unlicensed operators wreak havoc in Latin American forwarding sector

“An incredible rise” in unlicensed, unregulated one-man forwarding operations is posing a threat to Latin America’s forwarding community.
Vice president of Interworld Freight Farouk Gomati told The Loadstar the surge in “effectively illegitimate” operators was chipping away at profit margins.
“In most Latin American countries the word loyalty between clients and forwarders doesn’t exist, they will drop you for $10,” he said.
Small forwarders in particular were feeling the pinch, he added,...

https://theloadstar.co.uk/unlicensed-operators-wreak-havoc-latin-american-forwarding-sector/

Fishing boats to small stores, Amazon will stop at nothing to win in India

The Andaman and Nicobar Islands are a few specks of land in the Bay of Bengal that, until this week, were comparatively little-known. Then came news that a US missionary had been killed by an uncontacted indigenous tribe – a status that the Indian government has worked hard to maintain – as he tried to land at their protected island. Other Andaman locations are not off-limits to the modern world …

The post Fishing boats to small stores, Amazon will stop at nothing to win in India appeared first...

https://theloadstar.co.uk/fishing-boats-small-stores-amazon-will-stop-nothing-win-india/

PE firm puts six operators together to form the UK’s largest logistics company

A private equity firm has put together six operators to form the UK’s largest privately owned logistics company, EV Cargo.
The companies, backed by Hong Kong-based EmergeVest, are Allport Cargo Services, Palletforce, CM Downton, Jigsaw, NFT and Adjuno.
The wide range of specialities in the group, from CM Downton, a haulier bought earlier this year by EmergeVest for £75m, to NFT, a cool chain specialist, and Adjuno, a supply chain software company, gives …

The post PE firm puts six operators...

https://theloadstar.co.uk/pe-firm-puts-six-operators-together-form-uks-largest-logistics-company/

Guillaume Sauzedde to head Ceva’s newly merged Europe cluster

CEVA Logistics has merged its German, and eastern and central Europe clusters, and appointed Guillaume Sauzedde as its managing director.
Mr Sauzedde, currently director for eastern and central Europe, joined CEVA in October from Kuehne + Nagel, where he spent 10 years, latterly as managing director for Poland. He takes on CEVA’s expanded cluster on 30 November, and will report to chief executive Xavier Urbain.
“The aim is to accelerate growth in contract logistics, freight …

The post Guillaume...

https://theloadstar.co.uk/guillaume-sauzedde-head-cevas-merged-europe-cluster/

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