Worldwide Flight Services

Kuehne+Nagel teams up to make airport cargo handling more efficient

Kuehne+Nagel, the largest airfreight forwarder in the world, has established a strategic partnership with a major airport services company to co-develop better business practices aimed at speeding cargo flows at lower cost in an effort to further differentiate its service proposition from competitors.

The Switzerland-based logistics giant said Tuesday it is working closely with Singapore’s SATS Ltd., which acquired Worldwide Flight Services in April for $1.3 billion, to implement joint learnings...

https://www.freightwaves.com/news/kuehnenagel-teams-up-to-make-airport-cargo-handling-more-efficient

Market Insight: Claw sharpening – Mærsk & Asia M&A, K+N CEO and more

There has been lots on Premium‘s (logistics) plate since last Friday.
From strongly rumoured interest by AP Møller-Mærsk (APMM) in Asian deal-making to Kuehne + Nagel initiating managerial changes, via Worldwide Flight Services affairs and the latest radio silence concerning CH Robinson + BDP International… as well as, take a breath… a slew of other side (Toll Group) chats that were unmissable for all supply chain Bengal baby tiggers like us.
Also …

The post Market Insight: Claw sharpening –...

https://theloadstar.com/market-insight-claw-sharpening-maersk-asia-ma-kn-ceo-and-more/

Check Call: Not much gold in the Golden State

Group of people huddled around desks

Hot Takes

Image: theabctest.com

The Golden State isn’t proving to hold up to its name with recent Assembly Bill 5. As the bill was written, independent contractors must operate under the “ABC Test.” Once a contractor satisfies all three requirements below, he or she can operate as an independent contractor in the state of California. The requirements are: 

  1. The person is free from the control and direction of the hiring entity, both in contract and in fact.
  2. The person performs work that is outside...

https://www.freightwaves.com/news/check-call-not-much-gold-in-the-golden-state

Worldwide Flight Services acquires Texas-based cargo handler

France-based Worldwide Flight Services (WFS) announced Friday it has acquired Pinnacle Logistics, a provider of cargo-handling services for the aviation market across the U.S.

The acquisition is part of WFS’ commercial growth strategy, which includes accelerating revenue in cargo handling through increased e-commerce services, officials said.

“The acquisition of Pinnacle Logistics enhances our core cargo and express cargo handling value proposition to customers, and Pinnacle’s established...

https://www.freightwaves.com/news/worldwide-flight-services-acquires-texas-cargo-handler

Market Insight: Three-card monte in logistics – expect casualties, Toll & Flexport most exposed

A seventeen-year-old boy with plenty of hope and just enough money in my pocket to survive a week in Paris, the first place I visited in the French capital in the early 90s was the Les Puces de Saint-Ouen flea market.
Only mildly attracted to all sorts of goods on sale, my attention was immediately grabbed by a small crowd gathering, where a gentleman offered me, and anybody else, the opportunity to …

The post Market Insight: Three-card monte in logistics – expect casualties, Toll & Flexport...

https://theloadstar.com/market-insight-three-card-monte-in-logistics-expect-casualties-toll-flexport-most-exposed/