October 27, 2020 General 247

WUP No. 43

Rachelle Harry • www.aircargonews.net
DSV expands airfreight charter network to meet peak season demand
To accommodate anticipated high demand during peak season, DSV has increased its airfreight capacity with the addition of charter services. From this week, the logistics giant is operating part charters twice weekly from Belgium to New York, where trucking connections support reliable feeding and distribution within the US.
Alexander Whiteman • theloadstar.com
Maersk in deal to provide global logistics to deliver Covid vaccine for Covaxx
Maersk is partnering with US drug manufacturer Covaxx to provide logistics support for the delivery of Covid-19 vaccines. Although several airlines have announced plans to be ready to transport an expected vaccine, Maersk is the first shipping line to proactively prepare for what has been described as he biggest product launch in history.
LoadstarEditorial • theloadstar.com
Snapshot: CH Robinson struggles in after-hour trade
It was a rather weak interim update from CH Robinson on Tuesday, which pushed down its stock as much as 5.5% in after-hour trade.Operating cash flow and working capital management were particularly poor in the first nine months of the year
Damian Brett • www.aircargonews.net
Airfreight rates out of Asia head back to early summer levels
The latest Tac Index figures show that average prices on services from Shanghai to North America increased by 26.2% week on week to reach $6.07 per kg. Meanwhile, prices from Hong Kong to Europe have climbed steadily since the end of August and are now at $3.82 per kg, which is the highest level since the start of July.
Will Waters • www.lloydsloadinglist.com
Gebrüder Weiss celebrates 1,000 customers using new digital customer portal
Austrian freight forwarding and logistics group Gebrüder Weiss has hailed the launch of its new digital customer portal a success after already reaching the 1,000th customer mark with only a month having passed since its launch.
Kim Link-Wills • freightwaves.com
OOCL Q3 revenue climbs 16.3%
Orient Overseas Container Line (OOCL) posted a 16.3% increase in revenue — a healthy third-quarter recovery from the height of the COVID-19 pandemic. The Hong Kong-based container carrier reported total Q3 revenue was $1.91 billion. Revenue on trans-Pacific trade was up 18.4% to $825.3 million and 2.4% on the trans-Atlantic to $151.6 million.
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