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DSV: 2019 year of growth with acquisition of Panalpina 

DSV: 2019 year of growth with acquisition of Panalpina 

Feb. 12 | DSV Panalpina reported revenue amounting to DKK30.122 billion (US$4.401 billion) for the fourth quarter of 2019, up from DKK20.945 billion in the same period of 2018. Panalpina’s estimated contribution for the quarter was DKK9.353 billion. The organic...

China still leads Agility’s emerging logistics markets ranking

China still leads Agility’s emerging logistics markets ranking

Feb. 10 | Despite its growing trade and economic problems, China continues to lead the top emerging logistics markets, as improvements in core strengths across domestic and international logistics opportunities offset some declines in business fundamentals, according...

Global logistics execs see recession as ‘likely’ in 2020—Agility logistics index

Global logistics execs see recession as ‘likely’ in 2020—Agility logistics index

Feb. 10 | Following a rough year in logistics and shipping, nearly two-thirds of global supply chain executives surveyed say global recession is “likely” or “very likely” this year, according to the Agility Emerging Markets Logistics Index...

AAPA sounds alarm over ‘arbitrary’, ‘inconsistent’ measures against coronavirus  

AAPA sounds alarm over ‘arbitrary’, ‘inconsistent’ measures against coronavirus  

Feb. 8 | The head of the Association of Asia Pacific Airlines (AAPA) is calling on governments to work with international organizations and other stakeholders for a globally coordinated response to the novel coronavirus, noting that some measures against the outbreak...

Air passenger demand in 2019 below longtime growth trend—IATA

Air passenger demand in 2019 below longtime growth trend—IATA

Feb. 7 | “2019 was a difficult year for aviation and 2020 is off to a tragic and challenging beginning,” says the International Air Transport Association (IATA), observing that 2019 marked the first year passenger demand fell below the long-term annual growth...

2019 worst year for air cargo since 2009—IATA  

2019 worst year for air cargo since 2009—IATA  

Feb. 7 | The global air freight industry saw declining volumes for the first time since 2012 in 2019, the year also marking its weakest performance since the global financial crisis in 2009, according to the International Air Transport Association (IATA). Badly...

DHL reverses parcel price increase for private customers

DHL reverses parcel price increase for private customers

Feb. 7 | International courier, parcel, and express mail service DHL announced it will reverse its price increase for parcels, small packages and additional services for private customers introduced on January 1, 2020. The rate reversal will be effective starting...

Coronavirus exposes resilience issues in modern supply chains—Ti report

Coronavirus exposes resilience issues in modern supply chains—Ti report

Feb. 5 | The coronavirus outbreak is not only already making an impact on the logistics and supply chain sectors, it is also exposing the lack of resilience of many modern supply chains, according to a new analysis from Transport Intelligence (Ti). Air cargo has...

Changi Airport welcomed more passengers, processed less cargo in 2019

Changi Airport welcomed more passengers, processed less cargo in 2019

Feb. 5 | Singapore Changi Airport handled 68.3 million passenger movements in 2019, a year-on-year increase of 4.0%, but processed only 2.01 million tonnes of cargo, a fall of 6.5% compared to the preceding year. In 2019, all regions registered passenger traffic...

2019 marks deepest cargo decline for Asian airlines since financial crisis — AAPA

2019 marks deepest cargo decline for Asian airlines since financial crisis — AAPA

Feb. 3 | Asian airlines faced an intensely difficult operating environment in 2019, as air cargo demand fell to its steepest level since the global financial crisis, according to traffic figures for the full year released by the Association of Asia Pacific Airlines...