One hundred and twenty-five years ago, August Kuehne and Friedrich Nagel founded a forwarding company in Bremen under the name Kuehne + Nagel. What started with transporting raw products such as cotton, cereals, wood, animal feed and sugar, has developed into one of the largest global logistics companies, with a logistics network that spans the globe and offers its customers integrated and high value-added logistics solutions.
ZIM Integrated Shipping Services announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and sensitive cargo stowed in reefer containers. The service allows customers to closely monitor their cargo’s status, change settings remotely and intervene to prevent damage. The announcement was made at the Cool Chain & Temperature Controlled Logistics Europe conference in Frankfurt, held between January 26 and 29.
International Air Transport Association (IATA) released full-year air cargo data for 2014 showing 4.5 per cent demand growth compared to 2013 measured by freight tonne kilometers (FTKs). That is a significant acceleration from the 1.4 per cent recorded in 2013 over 2012.
Air cargo market expansion gathered momentum as 2014 progressed. The year finished on a positive note, with growth in December accelerating to 4.9 per cent, compared to December 2013. The vast majority of the growth in 2014, however, was in the Asia-Pacific and Middle East regions, which respectively contributed 46 and 29 per cent of the expansion in FTKs. Growth was recorded in all other regions, but was particularly weak in Latin America.
Prime Minister Harper announced the Government’s intent to provide continued support to Futurpreneur Canada, a not-for-profit organization that helps young entrepreneurs across Canada launch and sustain businesses, by providing an additional $14 million over two years – $7 million in 2015-16 and $7 million in 2016-17 – to Futurpreneur Canada, conditional on the organization raising matching contribution funds from non-federal sources.
Teamsters Canada Rail Conference-Running Trades (TCRC) has provided official notice of its intent to strike Canadian Pacific Rail in the event ongoing negotiations do not result in an agreement by midnight February 14. This group represents more than 3,000 active locomotive engineers and conductors at CP. A work stoppage can occur as early as 12:01 a.m. on February 15, 2015.