Forwarding

ONE, LX Pantos in Boxlinks venture for US domestic intermodal

Liner operator Ocean Network Express (ONE) and South Korean forwarder LX Pantos announced a joint venture, Boxlinks, a new player offering end-to-end U.S. domestic intermodal transportation services. 

The joint venture will manage ONE’s inland-to-coastal domestic transport needs through a Domestic Reposition Program (DRP). 

“By leveraging empty containers for intermodal operations, Boxlinks aims to create new revenue streams while improving operational efficiency,” LX Pantos said in a release....

https://www.freightwaves.com/news/one-lx-pantos-in-boxlinks-venture-for-us-domestic-intermodal

Report: DSV wins Schenker bidding

Schenker has been sold, but not to the U.S. private equity group vying for control of the German logistics provider.

Transport provider DSV of Denmark has emerged as the winning bidder, Reuters reported, in a deal worth 14 billion euros ($15.43 billion).

A consortium of private investors led by CVC Capital Partners of New York failed in its bid for Schenker, a unit of German railway Deutsche Bahn (DB).

A preliminary agreement would be signed in the coming days, the news service reported, quoting...

https://www.freightwaves.com/news/report-dsv-wins-schenker-bidding

Davies Turner recognised as one of the UK’s leading independent freight forwarding and logistics companies in prestigious league table

Davies Turner recognised as one of the UK’s leading independent freight forwarding and logistics companies in prestigious league table

As Davies Turner gears up to celebrate its 150th birthday in 2020, the company has featured in a prestigious league table that ranks Britain’s top performing mid-market private firms and entrepreneurs across all business sectors by their latest sales figures and profitability. 

October 10th 2019

Davies Turner recognised as one of the UK’s leading independent...

http://www.allaboutshipping.co.uk/2019/10/10/davies-turner-recognised-as-one-of-the-uks-leading-independent-freight-forwarding-and-logistics-companies-in-prestigious-league-table/

Petronas license opens the way for GAC Malaysia

GAC’s Labuan facility comprises 1,800 sqm of covered warehouse space and 7,000 sqm of open yard space.

Petronas license opens the way for GAC Malaysia

Malaysia, 2 September 2019– The custodian of Malaysia’s national oil and gas resources has awarded GAC Malaysia the license to provide bunkering, freight forwarding, shipping and non-bonded warehousing services.

The Petroliam Nasional Berhard (Petronas) license opens the way for GAC Malaysia to provide these services both to the oil & gas upstream...

http://www.allaboutshipping.co.uk/2019/09/02/petronas-license-opens-the-way-for-gac-malaysia/

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/