Monthly Archives: March 2021

Aramex’s Revenue in FY 2020 Increases 9% to Record AED 5,510 million

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Dubai, UAE – Tuesday, 9th February 2021: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the Fourth Quarter (Q4 2020) and Full Year (FY 2020) ending 31 December 2020.

In Q4 2020, Revenue increased 13% to AED 1,598 million, compared to AED 1,418 million reported in Q4 2019. This marks the Company’s highest fourth quarter Revenue on record. Q4 is typically a busy shopping season and with more and more consumers turning to e-commerce to buy goods and gifts due to travel and other COVID-19 related restrictions, this supported Aramex’s top line growth for the three-month period. For the year, Aramex’s Revenue was AED 5,510 million, an 9% increase versus FY 2019 and the highest Revenue on record, as COVID-19 accelerated e-commerce activities.

Read more at https://www.aramex.com

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YRC Freight and Reddaway Recognized as 2020 Carriers of the Year by GlobalTranz

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OVERLAND PARK, Kan., March 05, 2021 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) – GlobalTranz has awarded two 2020 Carrier of the Year honors to Yellow companies: YRC Freight, Cross-Border LTL and Reddaway, Western Regional LTL.

GlobalTranz, a technology company providing award-winning cloud-based multi-modal transportation management system products to shippers, carriers, 3PLs and brokers, presented its carrier awards based on financial performance, technological innovation, collaboration, customer service, growth and overall excellence.

Read more at http://www.hollandregional.com

Commerce Further Delays License Requirement for Aluminum Imports

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On March 29, 2021, in a notice, the U.S. Department of Commerce (DOC) announced the delay in the effective date for the requirement of a license from the Aluminum Import Monitoring and Analysis System (AIM) on certain imports of aluminum.

The provision was initially effective January 25, 2021, before being delayed until March 29, 2021. The new effective date is June 28, 2021. The delay is in response to public comments received after the January effective date delay. A Federal Register Notice is forthcoming.

Read more at info.expeditors.com

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AVERITT RECEIVES ‘OUTSTANDING LOGISTICS PARTNER AWARD’ FOR PORT OF MOBILE SERVICES

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Posted by Averitt Express on March 23, 2021

The Topocean Group, a global freight forwarding and logistics service provider, recently honored Averitt with the “Outstanding Logistics Partner Award.”
Averitt was presented the award for container transportation services, also referred to as drayage, performed via the Port of Mobile in Alabama. A few of the criteria that were used for determining the recipient of the award, included meeting on-time delivery goals, avoiding damaging cargo during transportation, and satisfying customer service expectations.

“We are honored to be recognized by Topocean for our team’s ability to serve their needs out of Mobile,” said Wayne Spain, Averitt’s president and chief operating officer. “Our local drivers, operations and customer service associates exemplify Averitt’s dedication to forming long-lasting partnerships within the shipping community on a daily basis.”

Read more at https://blog.averittexpress.com

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C. H. ROBINSON’S FREIGHTVIEW TECHNOLOGY PLATFORM NAMED COMPATIBLE SOLUTION OF THE YEAR BY FEDEX

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EDEN PRAIRIE, Minnesota (March 18, 2021) — Global logistics company C.H. Robinson announced that Freightview, its transportation management system for small and mid-sized businesses (SMBs), is recognized as the FedEx 2021 Compatible Solution of the Year. Freightview was selected for its innovative approach to freight automation and parcel connectivity for SMB and e-commerce customers, a traditionally underserved segment in the transportation management system (TMS) marketplace.

A series of factors have increased the rate at which businesses of all sizes are seeking out technology to drive improved savings, performance, and visibility across their supply chain.

“The pandemic has increased disruptions for every business, accelerating the need for shippers to digitally transform their logistics operations. Being able to pivot quickly and adapt to changing market conditions and demands can be especially challenging for SMBs, which often have limited resources and technology options available,” said Megan Orth, C.H. Robinson Director of Platform Integrations. “Freightview’s integration with FedEx is one of the ways that we help these companies benefit from the latest supply chain technology so they can save time and money, compete in a challenging environment, and meet customer demands.”

The FedEx Compatible Program, which Freightview joined in 2018, features software solutions that are focused on enhancing e-commerce, SMB, and freight automation operations. Solutions in the program feature FedEx integrations so customers have seamless access to book parcel and other FedEx shipping services, all within a technology platform they are already using to manage freight.

Read more at www.chrobinson.com

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