Day: 9 July 2020

Today IAG Cargo launches its ‘FORWARD.PLATINUM loyalty programme‘ – a new scheme to reward customers with a revenue spend of €1.3m+ per annum. It joins IAG Cargo’s ‘FORWARD.REWARDS’ scheme for SMEs, providing a natural progression for customers as they grow.

FORWARD.PLATINUM membership is by invitation only and has been designed to provide bespoke incentives to IAG Cargo’s larger customers. Under the scheme, customers can redeem loyalty points for flights with British Airways and Iberia or against a choice of 250,000 hotels worldwide. Matthew Gardiner, Head of Marketing and External Communications at IAG Cargo, commented:

“FORWARD.PLATINUM will enable IAG Cargo to keep rewarding its customers as they grow, providing a seamless transition from the gold tier of the award-winning FORWARD.REWARDS programme. FORWARD.PLATINUM is designed with a greater level of customer personalisation in mind. Our largest customers will now benefit from bespoke loyalty promotions tailored to their businesses.”

IAG Cargo is the single business created following the merger of British Airways World Cargo and Iberia Cargo in April 2011. Following the integration of additional airlines into the business, including Aer Lingus, Vueling and bmi, IAG Cargo now covers a global network of over 350 destinations. In 2019 IAG Cargo had a commercial revenue of €1,117 million. It has a combined workforce of more than 2,470 people.

Air freight experts at Tim Consult have launched the special Market Intelligence Initiative ‘MII Pharma Air Cargo’, aimed at providing pharmaceutical industry specialists with a trusty guide through the labyrinthine world of temperature-controlled global air freight markets. With its regular market intelligence initiatives, Transporeon-owned Tim Consult has been giving shipping companies unique insights into complex logistics markets since 1999, both at regional and at global level, for all modes of transport, whether land, air or sea.

This latest special initiative addresses the critical and technically demanding field of global air cargo for the pharmaceutical industry. Participating companies will benefit from unique insights not only into pricing by lanes, airports, airlines and forwarders, but also into costs associated with special requirements, for example packaging solutions to avoid temperature variations.

“We’re very excited about this project,” remarked Oliver Kahrs, Managing Director of Tim Consult. “Pharmaceutical companies depend on air freight for speed and global reach, but have to comply with stringent regulatory demands. These call for specialist equipment, storage facilities and harmonised handling procedures across the entire supply chain. With freight space in scarce supply and a limited number of qualified service providers, choosing the right course of action through the maze of different rates and services can be hugely challenging. At Tim Consult we’re looking forward to playing our role in assisting this crucial activity.”

For this special benchmarking initiative, Tim Consult will be using the same proven methodology as successfully applied in other market intelligence initiatives. “Our analyses are based on the insights of a community of specialist market players,” explains Christoph Bruns, Manager MII Global Air Cargo at Tim Consult. “Participating companies – shippers only – entrust us with their freight data, derived from actual agreements and contracts in active use. So the data is fully grounded in the business. Of course, we have clear rules and processes to ensure confidentiality and compliance.”

Gazeley has announced that it is adopting the GLP brand name following its acquisition by the global investment manager in 2017. In addition, GLP announces that it has closed on the acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio.

GLP currently has US$7 billion of assets under management across the UK, Germany, France, Spain, Italy, Poland and the Netherlands. The addition of this unique, high-quality portfolio spread across Poland, Czech Republic, Slovakia and Hungary expands GLP’s European presence to 11 countries placing it within a select number of logistics real estate investors with a truly pan-European platform.

Nick Cook, President, GLP Europe, said: “Since entering the market in 2017, GLP has strategically expanded its presence across Europe to meet investor demand and support its disciplined pan-European growth strategy. We believe attractive macroeconomics, urbanisation, e-commerce growth and proximity to major distribution hubs across Europe are helping to drive Central and Eastern Europe’s logistics real estate market.”

The acquired portfolio is concentrated on key logistics routes across the region with access to growing markets for e-commerce and distribution. It will bring a number of new customers into the business and allow it to better support existing customers with their expanding supply chain requirements across Europe. To support the acquired portfolio and the Company’s growth in the region, Goodman Group’s Central and Eastern European local teams will join GLP’s European business.

Over the last 30 years, Gazeley has built a strong reputation as one of the leading investors and developers of logistics warehouses across Europe. Initially starting as a merchant developer as part of Walmart, the business has expanded its presence across the UK and subsequently Europe under several ownership structures. Since GLP acquired Gazeley in 2017 to enter the European logistics real estate market, the European business has doubled in size from an AUM, geographic footprint and people perspective, strengthening the team with several significant and strategic hires along the journey.

By fully embracing what it means to be GLP, the business is uniquely placed to stay ahead of the market by opening up new opportunities, smarter innovations and accessing a larger global network. While the change will bring a number of benefits, it won’t change the values or how the company operates. The goal is to enhance its offer, simplify its communications and deepen the relationships that have been built.

Gazeley has announced that it is adopting the GLP brand name following its acquisition by the global investment manager in 2017. In addition, GLP announces that it has closed on the acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio.

GLP currently has US$7 billion of assets under management across the UK, Germany, France, Spain, Italy, Poland and the Netherlands. The addition of this unique, high-quality portfolio spread across Poland, Czech Republic, Slovakia and Hungary expands GLP’s European presence to 11 countries placing it within a select number of logistics real estate investors with a truly pan-European platform.

Nick Cook, President, GLP Europe, said: “Since entering the market in 2017, GLP has strategically expanded its presence across Europe to meet investor demand and support its disciplined pan-European growth strategy. We believe attractive macroeconomics, urbanisation, e-commerce growth and proximity to major distribution hubs across Europe are helping to drive Central and Eastern Europe’s logistics real estate market.”

The acquired portfolio is concentrated on key logistics routes across the region with access to growing markets for e-commerce and distribution. It will bring a number of new customers into the business and allow it to better support existing customers with their expanding supply chain requirements across Europe. To support the acquired portfolio and the Company’s growth in the region, Goodman Group’s Central and Eastern European local teams will join GLP’s European business.

Over the last 30 years, Gazeley has built a strong reputation as one of the leading investors and developers of logistics warehouses across Europe. Initially starting as a merchant developer as part of Walmart, the business has expanded its presence across the UK and subsequently Europe under several ownership structures. Since GLP acquired Gazeley in 2017 to enter the European logistics real estate market, the European business has doubled in size from an AUM, geographic footprint and people perspective, strengthening the team with several significant and strategic hires along the journey.

By fully embracing what it means to be GLP, the business is uniquely placed to stay ahead of the market by opening up new opportunities, smarter innovations and accessing a larger global network. While the change will bring a number of benefits, it won’t change the values or how the company operates. The goal is to enhance its offer, simplify its communications and deepen the relationships that have been built.