Logistics Bulletin

Monday 14 October 2019

This week’s Logistics Bulletin reports on a 3.9% contraction in global air freight markets in August 2019, compared to the same period in 2018. This marks the tenth consecutive month of year-on-year decline in freight volumes, the longest period since the global financial crisis in 2008. Freight capacity rose by 2.0% year-on-year in August 2019. Capacity growth has now outstripped demand growth for the 16th consecutive month.

Airlines in Asia-Pacific and the Middle East suffered sharp declines in year-on-year growth in total air freight volumes in August 2019, while North America and Europe experienced more moderate declines. Africa and Latin America both recorded growth in air freight demand compared to August last year.

Elsewhere this week, DSV Panalpina has stated that its well-established appetite for growth through M&A will remain. Once the Company is 12-18 months into the integration of Panalpina, and can affirm it is on track, then it will start to talk about the possibility of boosting organic growth through another M&A. Larger, rather than smaller, acquisitions will be targeted and that additions within Road are likely to be on the radar next. When the Road division’s new Transport Management System is fully developed and ready to scale, additions within this business area will be attractive.

Corporate and market news...

• Global air freight markets shrink by 3.9%
• GEODIS steps up preparations in case of No-Deal Brexit
• Hapag-Lloyd launches new Region South Europe set-up
• DSV Panalpina’s appetite for growth through M&A will remain
• Flexport acquires Crux Systems to give clients advanced shipment visibility
• HOYER supports the definition of digital standards in the transport industry

Service developments... 

• Lori expands from Kenya into Nigeria
• Michaels customers can now benefit from UPS Access Point locations
• Toll Group approved by Harbor Commission for Port of Los Angeles Property
• FedEx Express expands service coverage in Macau
• P&O Ferrymasters launches new intermodal service between Oradea and Lodz
• Ocean Network Express (Europe) is AEO accredited
• FedEx makes returns easier for consumers at Walgreens locations
• Stobart Group adds freight and logistics operations in Southend
• DHL expands El Paso facility to offer additional services

Outsourcing news...

• Bidfood KSA awarded logistics contract by General Mills
• Bolloré Logistics completes project shipment at Batangas Port

Warehouse  and distribution centre developments...

• Fiege converts former Zalando logistics facility into multi-user centre
• Amazon expands in Illinois with new logistics centre
• Microvast invests in new production and logistics facility
• CEVA Logistics opens integrated, state-of-the-art Cold Chain solution
• Leroy Merlin opens record-breaking logistics centre in Poland
• NewCold opens Burley logistics facility
• Virgin Atlantic and Delta Cargo open new technology-inspired export facility

IT, fleet and environmental developments...

• Palletforce rolls out artificial Intelligence technology
• UPS eFulfillment programme helps sellers in Vietnam manage multiple marketplaces
• Cleaner air and climate protection in Port of Hamburg
• UPS expands electric fleet in Germany by converting diesel vehicles
• Raben integrates innovative Mercedes Actros tractors
• UPS to add more than 6,000 vehicles to its natural gas fleet
• StreetScooter showcases all-new versions of WORK and WORK L models
• UPS collaborates with Shippo to simplify shipping for SMBs

Personnel and HR developments...

• StreetScooter focuses its management on growth and internationalisation
• Wincanton appoints Consumer Director
• DACHSER appoints Chief Operations Officer of Air & Sea Logistics

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