All Acquisitions articles
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SG Holdings acquires top 20 airfreight player Morrison Express
Japan’s SG Holdings has acquired top 20 airfreight forwarder Morrison Express as it looks to expand its presence in the forwarding market
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ATSG shareholders approve Stonepeak takeover
Investment firm Stonepeak’s $3.1bn takeover of freighter aircraft leasing giant ATSG has taken another step forward following shareholder approval
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Accelerated Global Solutions invests in KGW to grow transpacific presence
New York-based Accelerated Global Solutions has acquired a 15% stake in KGW Logistics in order to strengthen its presence on the transpacific trade lane
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Hellmann looks to expand in the Americas following HPL takeover
Hellmann Worldwide Logistics has acquired all shares in perishable logistics specialist HPL Apollo from co-owner Mercury Aviation
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Scan Global Logistics adds presence in Tanzania
Fast growing Scan Global Logistics has opened an office in Tanzania as it looks to capitalise on agriculture, mining and infrastructure projects
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WFS Holland completes acquisition of Menzies World Cargo at Schiphol
Worldwide Flight Services (WFS) Holland has completed its acquisition of Menzies World Cargo (Amsterdam) at Schiphol
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Danx Carousel continues expansion with LPR takeover
Time-critical logistics firm Danx Carousel has continued with its expansion programme through the acquisition of Germany-based LPR Group
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UPS completes Frigo-Trans and BPL acquisitions
UPS has completed the acquisition of Germany-based Frigo-Trans and its sister company BPL, which provide complex healthcare logistics solutions across Europe.
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Forward Air considers sale
Photo: Shutterstock US transport company Forward Air is considering a potential sale or merger as part of a review of its financial performance and value. The Forward Air board of directors will consider options including a sale, merger or another strategic or financial transaction “to maximize shareholder ...
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CIS acquires Acuitive’s AcuAudit
Generic Financial funding generic Photo: Number1411/ Shutterstock 530884729 Photo: Number1411/ Shutterstock Global provider of freight audit and payment solutions Cass Information Systems (CIS) – not to be confused with IATA’s CASS settlement platform – has acquired ocean and airfreight audit platform AcuAudit from Acuitive Solutions. AcuAudit is ...
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Air Cargo News’ most read stories in 2024
2024 was a better than expected year for air cargo, according to many stakeholders in the industry. E-commerce and Red Sea-related sea to air demand helped push up volumes, although there were also plenty of challenges throughout the year. Not unexpectedly, the sale of DB Schenker, a milestone e-commerce flight ...
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Scan Global Logistics acquires ITN Logistics Group
Scan Global Logistics has acquired ITN Logistics Group
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WFS swoops on Wallenborn Outsourcing and adds fourth Copenhagen facility
WFS will open a fourth cargo terminal in Copenhagen
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Peso and Air One gain court approval for takeover of Air Belgium’s cargo business
Air One and Peso Aviation gain court approval for takeover of Air Belgium’s cargo business
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Ardian becomes largest Heathrow Airport stakeholder
French private investment company Ardian has become the largest shareholder of London’s Heathrow Airport
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Korean Air completes drawn out acquisition of Asiana
Korean Air has today completed the $1.3bn acquisition of Asiana Airlines
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Stonepeak takeover of ATSG to progress as 'go-shop' period expires
Photo: EFW Investment firm Stonepeak’s $3.1bn takeover of freighter aircraft leasing giant ATSG will move ahead following the expiration of a go-shop period. The two businesses entered into a definitive agreement for the deal in early November but this included a 35-day go-shop period, which came to ...
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UK and Dutch investors await approval to pick up Air Belgium’s freight operations
UK long-haul freight specialist Air One Holdings International and a Dutch firm, Peso Aviation Management, are looking to take over the cargo operations of struggling carrier Air Belgium. The two investors have submitted an offer to a business court which, according to Air Belgium, is set to issue a decision ...
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Reports: US approves Korean takeover of Asiana
Source: Thanhliemnguyen/Shutterstock The US has reportedly approved Korean Air’s takeover of Asiana Airlines, meaning the acquisition has now cleared its last regulatory hurdle. South Korea-based Maeil Business Newspaper said that according to industry sources, the US Department of Justice (DOJ) gave the green light for the acquisition ...
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EU approves sale of Asiana's cargo business to Air Incheon
Source: Thanhliemnguyen/Shutterstock The European Commission has approved the sale of Asiana Airlines’ cargo business to Air Incheon to enable Korean Air to move closer to acquiring Asiana Airlines. On February 13, the Commission approved the proposed acquisition of Asiana by Korean, but as part of this, Korean ...