Acquisitions – Page 2
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NewsKingscote Rojay acquires Republic Cargo Systems
UK multimodal logistics company Kingscote Rojay Ltd has completed the acquisition of fellow UK-based Republic Cargo Systems UK Ltd
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NewsDHL boosts pharma logistics with CRYOPDP acquisition
DHL Group has acquired 100% of specialist pharma courier CRYOPDP from Cryoport and signed a supply chain service partnership with Cryoport
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NewsANA’s takeover of Nippon Cargo Airlines delayed until May
ANA Holding’s takeover of freighter operator Nippon Cargo Airlines has been pushed back until May as the airline awaits regulatory approval
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NewsCMA CGM bids for Air Belgium’s cargo operations
CMA CGM has submitted a bid for the cargo business of Air Belgium following a court decision to revoke Air One Belgium’s takeover
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NewsArgentinian ground handler Intercargo set to be privatised
Argentinian state ground handling company Intercargo S.A.U will be privatised and sold following government concerns about its financing and operations
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NewsSin-Kung Logistics targets air cargo with Prima Air purchase
Malaysia-based Sin-Kung Logistics Bhd (SKL) has completed the acquisition of Prima Air Sdn Bhd to invest in air cargo
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NewsAir Belgium cargo sale falls flat
Plans for the sale of Air Belgium’s cargo business have fallen apart after a court revoked the takeover process
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NewsRadiant Logistics acquires Transcon Shipping
Washington state-headquartered third-party logistics company Radiant Logistics has acquired California-based freight forwarder Transcon Shipping
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NewsWiseTech back on the acquisition trail with Opentecnología deal
WiseTech Global has entered into an agreement to acquire Opentecnología, a customs and logistics technology business specialising in customs solutions
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NewsAllstates WorldCargo acquires Saturn Freight Systems
Allstates WorldCargo has acquired fellow US freight forwarder Saturn Freight Systems to grow its business geographically
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NewsAsiana gets shareholder approval for cargo sale to Air Incheon
Asiana Airlines has received final shareholder approval to sell its cargo business to Air Incheon
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NewsSG 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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NewsATSG 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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NewsAccelerated 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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NewsHellmann 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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NewsScan 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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NewsWFS 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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NewsDanx 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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NewsUPS 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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NewsForward 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 ...