Analysis: CEVA Logistics IPO priced for a big ‘pop’ on day one?

Speculation is raging in financial markets after the full details of the initial public offering (IPO) of CEVA Logistics emerged on Friday, when the deal was launched.
At the high end of the guidance (Sfr52.5 a share), the IPO tentatively values the equity capital of CEVA at Sfr1.8bn ($1.85bn) and its enterprise at Sfr2.6bn ($2.7bn), while the low-end value of Sfr27.5 a share implies market cap and enterprise value (EV), respectively, ...

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Alliance reshuffle brings Rotterdam a Q1 box bonus, but total volumes fall

An increase in container traffic boosted an otherwise poor first quarter for the port of Rotterdam, with overall volumes falling 1.2% year-on-year.
Although non-containerised freight volumes dropped, the number of boxes passing through the Dutch gateway ticked up 6.1% to 3.5m teu.
This number is some 1m teu ahead of neighbouring Antwerp, but the rate of growth was far slower than the Belgian port’s 10.7% increase reported last week.
Chief executive of Rotterdam port authority Allard Castelein ...

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Forward freight agreements could end risks from volatility in air freight market

The air cargo market could see significant disruption in the way capacity is bought and sold with the launch of forward freight agreements (FFAs).
Brokerage Freight Investor Services (FIS), working with the TAC Index, is offering airlines and forwarders a range of contracts that will help both sides manage risk and balance budgets.
Brokers in the FFA markets can identify a forward spot rate, which the forwarder can buy, protecting it against a change ...

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Backing for FMC probe into controversial demurrage and detention charges

No party in the sea freight supply chain wants to incur additional charges on a shipment caused by factors “outside of their control”, somebody has to pay: but who should it be?
Online booking platform iContainers has entered the fray in the debate about quay rent and demurrage and detention (D&D) charges levied by container lines to shippers, questioning the justification and saying that carrier “transparency is definitely lacking”.
The US Federal Maritime ...

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As IMO targets are questioned, what is the truth about shipping emissions?

So what is the truth about shipping emissions?
The IMO has decided to cut 2008 levels of greenhouse gas emissions (GHGs) by at least 50% by 2050 – but not all in the industry are convinced.
A recent comment piece in Splash 24/7, by First International chairman Paul Slater, questioned shipping’s role in climate change, calling the IMO’s proposed plan “fatuous, unrealistic and unnecessary”.
He wrote: “The CO2 issue has been grossly overstated…It has ...

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Omar Hariri officially named CEO of Saudia Cargo

Saudia Cargo has appointed Omar Hariri as its new chief executive.
Mr Hariri joined from FedEx Express where he was managing director of its Abul Latif Jameel Transportation subsidiary.
During a decade-long career in the logistics sector, he has also held posts at DHL at offices in both Kuwait and Saudi Arabia, and was chief operating officer of SAF Group.
Despite having been in the post for several months, the appointment was made official only ...

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ECU Worldwide appoints Rene Wernli regional chief in India, ME and Africa

ECU Worldwide has appointed Rene Wernli its regional chief executive for India, the Indian subcontinent, Middle East and Africa region.
With more than 30 years’ logistics experience, Mr Wernli joins the world’s largest less-than-container load consolidator from DP World, where he served as chief operating officer for logistics. He has also served in posts at Kuehne + Nagel and Aramex.
But it was at Panalpina that his career began, spending more than 20 years with the forwarder ...

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Hapag-Lloyd makes first call at Prince Rupert in Canada

Hapag-Lloyd, the market leader in Canada, is expanding its local network. On April 21, the YM Masculinity called at a new destination, the port of Prince Rupert, for the first time. The ship, which operates on the PS8 service of THE Alliance, was sailing from Asia to North America offering leading transit times and new options for customers.

“With the decision to incorporate Prince Rupert into our network, we strengthen and ...

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Leipzig/Halle Airport: Cargo volumes set a new record in March

Leipzig/Halle Airport, Europe’s fifth-largest cargo hub, handled about 298,532 tonnes of air freight from January to March. This represents growth of 12.3 percent compared to the same period in the previous year.

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Luxembourg launches e-CMR (electronic consignment note)

Luxembourg’s Secretary of State of the Ministry of Sustainable Development and Infrastructure, Camille Gira, has signed the first electronic consignment note for a road transport by Arthur Welter on behalf of Cargolux between the airports of Luxembourg and Amsterdam, Schiphol.

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The LoadStar

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Smart Connection Deal For Your Cargo

Flights from European Airports to Cairo

Fly to Cairo with Aeroflot

Aeroflot -Russian Airlines
24 APR 2018
General
DE,AT,CH,IT,BE,NL,ES,FR,PT
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More and more airlines are penalizing forwarders for not complying with internal eAWB regulations. These fines can add up to an enormous amount of money. What can you do to resolve it? Logitude can help you comply with its full freight forwarding software - giving you substantial savings!

Wave goodbye to paper with Logitude!

Logitude World
19 APR 2018
General
World
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Route: DE - BOG
Available freighter space to Bogota,
on Sunday, 22APRIL

In case of requests and/or questions,
please contact us!

W8 CARGOJET: Available freighter space to Bogota - 22APRIL!

Skyline Air Services
19 APR 2018
Available space
DE
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EGYPTAIR: Freighter flight to Asmara!
on Monday, 23APRIL

In case of requests and/or questions,
please contact us!


EGYPTAIR: Freighter flight to ASM! 23APRIL

Skyline Air Services
17 APR 2018
Newsletters
DE
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Route: DE - HKG
5X UPS - Available space to HKG - 23APRIL

In case of requests and/or questions,
please contact us!

5X UPS - Available space to HKG - 23APRIL

Skyline Air Services
17 APR 2018
Available space
DE
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Route: DE - CAI
Freighter capacities to CAI and lowerdeck to beyond destinations

EGYPTAIR: Freighter capacities to CAI!

Skyline Air Services
13 APR 2018
Available space
DE
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Route: DE - TSN,PVG
Suparna Airlines: EXTRA space available to TSN and PVG
16 April 2018

Suparna: EXTRA space available to TSN and PVG

Skyline Air Services
12 APR 2018
Available space
DE
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Kuala Lumpur: we have solutions for the transport of your lithium batteries

Kuala Lumpur: we have solutions for the transport of your lithium batteries

Cargolux Airlines International S.A.
11 APR 2018
Product news
MY
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Meet the Cargolux pharma team at the Temperature Controlled Logistics in Biopharmaceuticals USA 2018!

Because you want the best in class for your pharmaceutical shipments!

Cargolux Airlines International S.A.
09 APR 2018
Product news
World
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AirBridgeCargo Airlines (ABC), one of the leading transporters of pharmaceuticals by air, has carried a record 19 va-Q-tainers XLx onboard a single flight, delivering products for its European customer, BIOTECH & PHARMA LOGISTICS GmbH (B.P.L. GmbH).  

AirBridgeCargo Airlines transports a record number of va-Q-tainers XLx to deliver pharma products for B.P.L. GmbH

AirBridgeCargo Airlines
06 APR 2018
Press release
FRA
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Route: LHR - AMM
In partnership with Royal Jordanian, AIA Cargo can offer several tonnes of additional space  on board our weekend flights into AMM. From the 07th and 10th, we have been given additional space and the flexibility to offer spot rates for suitable cargo.  

Additional Tonnage on RJ

Airbridge International Agencies
05 APR 2018
Available space
LHR
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We are happy to welcome you on our booth number 313 during the Air Cargo China!

Meet us in Shanghai!

Cargolux Airlines International S.A.
05 APR 2018
Schedules
World
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If you want to check for passenger flights you might go to Expedia; for hotels you might use Booking.com but, until now, there has been no equivalent air cargo website for forwarders and shippers. Now, FREIGHT.AERO offers you a consistent way to work with many carriers, including comparing schedules and availability. Through the service you can…

Freight.aero A One-stop Solution for All Your Online Air Cargo Needs

CHAMP Cargosystems Ltd.
05 APR 2018
General
World
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DHL Aviation Freighter Capacity Flash! EXTRA FLIGHT! Click on announcement for additional information.

QY NL & BE - Extra freighter capacity ICN

Inter Aviation Services BV
05 APR 2018
General
NL,BE
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Vietnam Airlines - Available space on our direct flight LHR-HAN 06/04. Fantastic connections beyond HAN. Please contact our team to discuss rates and services in further detail TEL: 0208-7574730

Vietnam Airlines - Available space on our direct flight LHR-HAN 06/04.

ECS Group
04 APR 2018
Available space
gb
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Ad hoc freighter capacity available.

EXTRA FLIGHT

LEJ-BAH 14-04-2018 

Aviation - Freighter capacity Flash BAH - 15.04.2018

Inter Aviation Services BV
04 APR 2018
Available space
NL,BE
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AeroMexico - Available space. Daily direct wide body services LHR-MEX, fantastic connections available throughout South America. Please contact our team to discuss rates and services in further detail. TEL: 0208-7574730

AeroMexico - Available Space LHR-MEX and beyond

ECS Group
04 APR 2018
Available space
GB
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Route: DE - HKG,DXB,SZX,PVG
5X UPS - Available space to HKG, DXB, SZX, PVG!

In case of requests and/or questions,
please contact us!

5X UPS - Available space to HKG, DXB, SZX, PVG!

Skyline Air Services
04 APR 2018
Available space
DE
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Ad hoc freighter capacity available.

EXTRA FLIGHT

LEJ-CVG

DHL Aviation - Freighter capacity Flash CVG - 07.04.2018

Inter Aviation Services BV
03 APR 2018
Available space
BE,NL
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AirBridgeCargo Airlines, one of the fastest growing carriers in the world, and Unilode Aviation Solutions, the leading global provider of outsourced Unit Load Device (ULD) management and repair solutions, have extended their ULD management agreement until mid-2023.

AIRBRIDGECARGO EXTENDS ULD MANAGEMENT PARTNERSHIP WITH UNILODE

AirBridgeCargo Airlines
03 APR 2018
Press release
SVO
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