Inside DB Schenker's air freight solution
Here, Supply Chain Digital takes a closer...
Here, Supply Chain Digital takes a closer look at the company’s air freight solution.
With air freight playing an expanding role in companies’ global supply chains, it is thought that over $6trn in goods are carried by air every year - equating to $18.6bn worth of goods daily.
DB Schenker’s air freight enables organisations to:
Put time-sensitive cargo on the next available departure.
Leverage better rates by consolidating shipments with others.
Save money with deferred shipping options on lower-priority orders that can wait a few days.
Minimise handling and potential damage for fragile shipments.
Reduce warehouse storage costs.
Gain end-to-end control and visibility over the supply chain.
When pushed for time, air transport is considered the most efficient way to get goods to their final destination on time. Air freight helps companies to meet market demands, outpace competition and cater to customers while maintaining a highly-efficient and responsive global supply chain.
Access to a worldwide network of air freight providers.
Guaranteed capacities on a wide variety of routes.
Links the major global hubs on all continents.
Fast and comprehensive service/support.
Fixed transit times and defined scheduling.
Transport that’s handled by first-class carriers.
Integrated door-to-door service for your products.
Seamless online shipment tracking and advanced visibility solutions.
Service, price and lead-time transparency.
Maximum security for your cargo as it moves across the transportation network.
Planning and monitoring per Cargo iQ quality standards.
The four types of air freight that DB Schenker offers are:
- DB Schenkerjetcargo first
- DB Schenkerjetcargo economy
- DB Schenkerjetcargo business
- DB Schenkerjetcargo special
DB Schenker’s products
- Land Transport
- Air Freight
- Ocean Freight
- Customs Brokerage
- Trade Advisory
- Contract Logistics
- Lead Logistics
- Special Products
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.