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Senator International gets acquired by A.P. Moller – Maersk

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Senator International gets acquired by A.P. Moller - Maersk. Image: Maersk
Senator International gets acquired by A.P. Moller - Maersk. Image: Maersk
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A.P. Moller – Maersk announces the closing of the acquisition of Senator International, a well-renowned global company in freight forwarding.

Senator brings with it a strong organization and a well-developed airfreight network comprising own controlled flights and long-term partnerships with best-in-class airlines, a well-established full container load and less than container load network and specialized services such packaging, warehousing and distribution across five continents.

The acquisition will enable Maersk to offer an even wider range of products and the ability to provide flexible and integrated logistics solutions to our customers, allowing them to speed up or slow down cargo depending on their changing supply chain needs.

“We are delighted to welcome the Senator team to our Maersk family. As a global provider of integrated logistics, we are improving our ability to provide end-to-end solutions to our customers. With Senator on board, we are ramping up our air freight capacity, network, and know-how significantly to cater even better for our customers.” said Vincent Clerc, CEO of Ocean & Logistics, A.P. Moller-Maersk.

In the past two years, knock-on effects of Covid-19 have led to widespread congestions and production issues. As a result, more customers are requesting alternative means of cargo transportation.

Senator will add their broad industry expertise and product knowledge to Maersk’s existing network and thus provide customers with increased flexibility and redundancy in their supply chains.

The enterprise value of the transaction on a post IFRS 16 basis is approximately USD 644m as announced on 2nd of November assuming unchanged FX rate.

“By joining Maersk, our customers will have access to a broader portfolio of products for their business needs and provide them with a single point of contact. It’s a perfect match, and we are really excited about the next chapter in our united journey.” commented Tim-Oliver Kirschbaum, CEO of Senator International.

Senator’s deep experience and solid transport network will be key to the continued joint success, and we will bring new opportunities to our customers under the Maersk brand.

Maersk’s ambition is to have approximately one third of the annual air tonnage carried within its own controlled freight network, which will be achieved through a combination of owned and leased aircraft.

The remaining capacity will be provided by strategic commercial carriers and charter flight operators.

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Air Freight

DB Schenker starts its charter flights between Europe and South America

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DB Schenker starts its charter flights between Europe and South America. Image: DB Schenker
DB Schenker starts its charter flights between Europe and South America. Image: DB Schenker
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DB Schenker offers additional charter capacities across the Atlantic. The new route starts from the Netherlands and reaches Brazil after two stopovers in the USA. In South America, direct connections to Argentina and Chile are available. The weekly freight charter flight provides 50 tons of capacity and expands DB Schenker’s growing intercontinental flight network.

Thorsten Meincke, Global Board Member for Air & Ocean Freight at DB Schenker: “To keep economies running, companies require stable supply chains. By expanding our flight network to South America, we provide a new source of reliable capacity to the market. We are happy to say that the demand is already high.”

Every Sunday night, the flight leaves Amsterdam (AMS) and stops in New York City (JFK) and Miami (MIA) on Monday before reaching Viracopos (VCP) near São Paulo on the same day. On Tuesdays, a direct connection can be made to Buenos Aires (EZE), and Santiago de Chile (SCL) can be reached on Wednesdays. An airline partner will be operating the new transatlantic route with Boeing 767 freighter jets. The charter flight’s stopover in Miami allows access to numerous further destinations in the operating carrier’s portfolio.

The first bookings include a diverse range of goods, including many automotive parts. Temperature-controlled cargo and dangerous goods can also be transported upon request. Within Europe, the flights seamlessly connect to DB Schenker’s land transportation network.

DB Schenker, is committed to providing innovative supply chain solutions that challenge the status quo. As a global industry leader with more than 150 years of logistics experience, the company supports industry and trade in the global exchange of goods.

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Air Freight

Halifax Stanfield officially opens new Air Cargo Logistics Park

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Halifax Stanfield officially opens new Air Cargo Logistics Park. Image: Pixabay
Halifax Stanfield officially opens new Air Cargo Logistics Park. Image: Pixabay
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The ribbon has been cut at the new Halifax Stanfield Air Cargo Logistics Park, marking the official opening of Atlantic Canada’s largest air cargo processing facility.

Halifax International Airport Authority was joined by the Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship Canada and Member of Parliament for Central Nova, the Honourable Steve Craig, Nova Scotia Minister of Fisheries and Aquaculture and MLA for Sackville – Cobequid, Mike Savage, Mayor of Halifax Regional Municipality, air cargo tenants, cargo logistics chain partners, and other stakeholders to celebrate the grand opening of the park.

Funding for the construction of the ACLP was first announced in 2018 by the Government of Canada, which contributed $18 million of the total project cost of $36 million through the National Trade Corridors Fund. Funding for the project was also provided by the Government of Nova Scotia and HIAA.

The ACLP includes a new building with cold storage space, cargo processing facilities and offices, which has been fully leased to two tenants: Cargojet and First Catch Fisheries. Five new cargo aircraft aprons, or parking spaces, were also constructed alongside the building.

This infrastructure expansion complements existing cargo processing capabilities offered at Halifax Stanfield by Gateway Facilities and other service providers, enabling more commercial and logistics businesses in Atlantic Canada to connect to global air cargo opportunities. With a total of eight cargo aircraft aprons, cold storage capabilities, and other logistics enhancements, the ACLP increases capacity and improves efficiency for global cargo carriers operating at Halifax Stanfield, contributing to economic activity.

In 2021, 34,769 metric tonnes of cargo, valued at $496 million, were processed at Halifax Stanfield. According to the latest Halifax Stanfield economic impact report, in 2020 cargo exports contributed $664 million to the provincial economy.

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Air Freight

Kerry Logistics to start four charter flights a week from Hong Kong to USA

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Kerry Logistics to start four charter flights a week from Hong Kong to USA. Image: Pixabay
Kerry Logistics to start four charter flights a week from Hong Kong to USA. Image: Pixabay
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Kerry Logistics Network Limited is ramping up its Kerry Freight Controlled Network with four charter flights a week from Hong Kong to Huntsville, Alabama, USA, providing guaranteed and reliable services to its customers.

Weekly direct flights depart from Hong Kong to Huntsville on Mondays, Tuesdays, Thursdays and Sundays and are supported with B2B, B2C and B2B2C door-to-door services to different cities in the Americas, including Chicago, Los Angeles, New York, Miami, Bogota, Mexico City, Santiago, Lima, and Montevideo. One highlight of this service is its ability to handle pure battery, in addition to other sensitive cargoes such as pharmaceuticals, perishable and dangerous goods.

Mathieu Renard Biron, Managing Director – Global Freight Forwarding of Kerry Logistics Network, said, “Our HKG-HSV charter service is welcomed by a wide range of customers, in particular electronic brands and e-tailers since its inaugural flight in April 2022. Last month, we successfully expanded our KCN to include three weekly flights from Hanoi, Vietnam to Huntsville. We are also in dialogue with some of our key accounts to further extend our services to the Mainland of China and other parts of Asia.”

“Backed by KLN’s long-term partnership with best-in-class carriers, extensive coverage of major air transit hubs and strong in-house customs clearance capabilities, KCN is expected to meet the recurring demand for secured air freight services in an uncertain world,” added Biron.

Launched in August 2021, KCN is a time-definite solution that offers standard air freight services to customers with guaranteed space and long-term pricing, fulfilling the needs of customers looking for stable and long-term solutions.

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