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Logistics Bulletin

 

Monday 15 August 2022

This week’s Logistics Bulletin reports on suggestions from Hapag-Lloyd that it is seeing the first signs in some trade lanes that spot rates are easing. The Company believes that the strained situation in the global supply chains should improve after this year’s peak season. Nevertheless, it is expecting a strong second half of the year. In H1, it benefitted from significantly higher freight rates, though a steep rise in all cost categories is putting increased pressure on unit costs. Transport volumes in the first half of 2022 were on a par with the prior-year level,

Elsewhere this week, UPS announced plans to acquire Bomi Group, a multinational healthcare logistics provider based in Italy. The transaction will add temperature-controlled facilities in 14 countries and more than 350 temperature-controlled vehicles to the UPS Healthcare global footprint, offering customers access to faster shipping times, greater production flexibility, and offerings to help them attract new business. The acquisition will play a key role in the delivery of next-generation pharmaceutical and biologic treatments that increasingly require time-critical and temperature-sensitive logistics.

Corporate and market news...

  • Hapag-Lloyd reports H1 result significantly higher than prior-year period
  • Aramex reports 1.0% decline in H1, 2022 revenue
  • Bomi acquisition adds temperature-controlled facilities in 14 countries for UPS
  • SEKO Logistics acquires Pixior
  • Competition and Markets Authority launches GXO – Clipper merger enquiry

Service developments... 

  • DB Schenker launches its first charter flights between Europe and South America
  • Lufthansa Cargo grows its network to Asia and North America
  • QCS - Quick Cargo Service expands operations in Eastern Europe
  • Panther Logistics extends service offering into Northern Ireland
  • Mainfreight expands operations in Thailand and launches in Indonesia
  • Rhenus Air & Ocean obtains GDP certification in Frankfurt

Outsourcing news...

  • DHL Supply Chain and Nespresso expand collaboration into UK & Ireland
  • Toyota relies increasingly on Gebrüder Weiss in Kazakhstan
  • Millbrook Beds outsources logistics to Meachers

Warehouse and distribution centre developments...

  • Walmart opens high-tech consolidation centre in Pennsylvania
  • FedEx Freight announces door count increase
  • Performance Team – a Maersk Company expands in South Carolina
  • Rhenus opens a sustainable chemical warehouse near New Delhi
  • Rhenus to invest in logistics centre in Galway
  • Garmin signs up for Auckland distribution centre
  • Octopus Energy expands hub in Slough
  • Arvato and H&M Group open expanded distribution centre in Poland

IT, fleet and environmental developments...

  • Geek+ announces strategic investment from Intel
  • Exoskeletons pass practical trial at DACHSER
  • Stord enables port-to-porch logistics via a single partner
  • Veho announces partnership with ShipHero
  • Kuehne + Nagel committed to ship 40,000 TEUs on biofuel
  • Crowley partners with EcoVadis
  • Nippon Express using hydrogen-powered boats in Italy
  • Fiege brings photovoltaic system online in Gengenbach
  • BMW Group backs sustainable packaging in its logistics
  • FedEx Office pilots Ford E-Transit Vans
  • Tesco rolls out first 18 tonne 100% electric truck with refrigeration body
  • Clipper Logistics partners with Segura

Personnel and  HR developments...

  • J.B. Hunt extends financial support to University of Arkansas
  • Deutsche Post DHL Group adopts new OECD Protocol
  • Trane Technologies appoints President of Thermo King EMEA
  • FedEx makes new appointments to Board of Directors
  • XPO Logistics appoints Chief Communications Officer for RXO

The Logistics Bulletin has provided global supply chain professionals with the latest insight, news and analysis for 19 years. To receive this highly valued service direct to your in-box, register here. Press releases and articles for inclusion can be sent by email to logisticsbulletin@analytiqa.com