Business

CMA CGM completes Bolloré Logistics acquisition

The CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the…

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IAG Cargo revenues drop 28% year on year

IAG Cargo saw a steep drop in year on year commercial revenues in 2023 against a backdrop of sustained soft…

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Bolloré’s contract logistics business grows with acquisition

Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics…

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FedEx Express opens regional headquarters

FedEx Express has opened new regional headquarters in Singapore to support its operations in Asia Pacific, Middle East, and Africa….

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Lower leasing demand takes the shine off ATSG earnings

Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG…

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Freightos tops a million transactions

Freightos handled over a million transactions in 2023 according to its full-year results, published on 26 February. The digital booking…

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European Commission approves CMA CGM takeover of Bolloré Logistics

The European Commission has approved CMA CGM’s proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to…

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WorldACD figures show extent of sea-air growth

The latest weekly figures from data analyst WorldACD show an upswing in volumes at sea-air hubs as a result of…

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TIACA survey reveals growing pressure on sustainability in air cargo

TIACA’s latest sustainability survey has revealed a growing focus on sustainability in air cargo but also a gap between the…

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QCS and Team Global Logistic to expand reach with merger

Quick Cargo Service and Team Global Logistic will merge their businesses with the aim of expanding the reach of service….

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