Cargolux unions nearer to strike action as Forson sticks to his guns
Cargolux’s staff have called on their unions to go into a ‘conciliation’ process, a legal pre-cursor to industrial action.
Following a letter from interim president and CEO Richard Forson to the unions on 20 May, and one to staff on 21 May, in which he outlined the position of the management, the unions say they have no further options.
“Letters like this don’t help,” said Hubert Hollerich, secretary of the OGBL union. …
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DFDS targets logistics acquisitions while awaiting cross-Channel decision
Danish ro-ro shipping and logistics group DFDS today revealed that it is on the hunt for acquisitions to bolster its logistics business after releasing flat first quarter results.
Chief financial officer Torben Calsen told analysts that the company’s logistics side, in ...
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China leads modest air freight recovery as Air Cargo Germany enters final chapter
The air freight market is currently in a weak yet stable condition, according to carriers and consultancies. Drewry’s east-west air freight price index for April revealed that all-in rates (for standard deferred airport-to-airport services), over 21 major routes, rose slightly ...
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Singapore’s Changi Airport seeks growth with gold, tuna
Along with many other airports around the world, Changi Airport is looking to perishables, pharmaceuticals and high value goods such as gold to boost volumes, hoping that rising wealth in Asia will contribute to this goal. In the first quarter, volumes fell 2.2%, but the airport is hoping to attract more cargo through its Coolport facility, while Dnata’s new perishables centre will open later this year. It has already seen a rise in seafood transhipment, from Indonesia to Japan, while it expects to see a capacity rise in handling valuable goods of some 16%.Read more...
China factories moving in droves to Cambodia, Vietnam, Myanmar, Malaysia? Not
Detailed analysis of the pros and cons of international manufacturers looking to leave China and move production to cheaper locations elsewhere in Asia, in a bid to reduce exposure to China and take advantage of lower costs. But much of the evidence remains anecdotal at best. “People are coming in and kicking tyres,” says one lawyer that helps companies set up new production facilities, and mostly it is restricted to low-end manufacturing.Read more...
Marks & Spencer to halt store openings
As a barometer of the state of the UK high street, you can’t do much better than its largest apparel retailer Marks & Spencer, which this week unveiled weak annual results, and has announced that it will not now open any new general merchandise stores in the country. With 766 stores across the UK it believes it has reached “saturation point”, and will instead focus on developing its e-commerce capabilities, supported by the recently opened national distribution centre, as well as its smaller food-only stores. “M&S.com is our new flagship store. Marble Arch [in London] is not the flagship store anymore,” said chief executive Marc Bolland.Read more...
Chennai air cargo strike to hit car-makers
The southern Indian airport of Chennai had started to become popular with manufacturers – Hyundai, Ford and Nissan are all present in the region, as are Nokia, Dell, IBM and HP. But this year, numerous strikes from handling agents, lack of sufficient numbers of Customs officials and ‘go-slows’ have resulted in a heavily congested airport. Shippers are wondering why they bothered to air freight their goods at all, when imports can take seven days to get cleared. A mess.Read more...
Taking stock of China’s logistical shortfall in recruitment
A short but interesting point about the lack of logistics staff in China. Not only does the education system fail to prepare students, but there are few people able to fulfill lower level roles. Meanwhile, Unipart Logistics revealed that staff turnover in China is very high – and that they will leave for as little as a 30p pay rise.Read more...
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